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Cost of Living in Vietnam | Expat Exchange
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Hanoi, Vietnam

Cost of Living in Vietnam

By Joshua Wood, LPC

Last updated on Feb 08, 2024

Summary: The cost of living in Vietnam is generally quite affordable. A nice one bedroom apartment in Vietnam can cost anywhere from $400 to $800 per month, while a nice two bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Vietnam is usually around $10 to $15 per person.

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Is the cost of living in Vietnam high?

We asked people how much they someone comfortably live on in Vietnam, they wrote:

"The cost of living in Vietnam is relatively low compared to many other countries. Basic groceries, transportation, and utilities are generally inexpensive while rent and dining costs are somewhat higher. Restaurant prices, along with the cost of services such as haircuts and massages, are also quite reasonable. Generally speaking, the cost of living in Vietnam is significantly lower than that of Western nations," explained one expat.

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Will I save money living in Vietnam?

"Exceeded them. I live on half of my retirement income and I live very well. It is possible for a married couple to live well on $1,200 per month," said one expat in Ho Chi Minh.

"Yes, living in Vietnam is generally much less expensive than living in the United States. The cost of everyday items like housing, food, transportation, healthcare, and entertainment is much lower in Vietnam than in the United States. Additionally, the cost of living in Vietnam is much lower, with the average person being able to live very comfortably on a fraction of the cost of living in the United States," wrote a person living in Vietnam.

What is the average cost of housing in Vietnam?

If you are thinking about moving to Vietnam, cost of living in probably a key consideration. Expats commented about the cost of housing:

"Housing cost is much lower than in Europe; my house rental (include my office) is 150 US$, electricity, water and gas and cable TV is around 150 US$; food cost me about 400 US$ / month. I don't eat meat a lot; price for pork for instance, doubled since 1 year ago. 1 night partying cost me around 100 US$ (Whiskey or cognac, soft drinks and tip for the waitress)," remarked one in Phan Thiet.

"Vietnamese love good living, food, style, high tech gazettes and travelling in vacation with family. Their average renting apartments are well equipped with all amenities and facilities. Love them they will help out of way. You can stay at cheapest hostels to lavish apartment depends on your budget. You will always feel like king in Vietnam. They are friendly and helpful. Welcome their smile with smile. You can get shelter at minimum 100 USD per month to no maximum limit for villa," explained one expat.

"Expat housing is higher, from $800 for an unfurnished apartment and from $1500 for a small house," said one person in Hanoi.

"The cost of housing in Vietnam varies greatly depending on the location and size. Prices for apartments in major cities range from affordable to very expensive, while buy-and-build land in rural areas is typically much more affordable. In general, living costs in Vietnam are still relatively low compared to many other countries in the region," remarked one expat in Vietnam.

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What are typical rental prices for expats in Vietnam?

"The cost of renting a nice one bedroom apartment in Vietnam will vary depending on location and other factors, but generally can range from approximately $200-$500 a month. A nice two bedroom apartment in Vietnam can cost from approximately $300-$700 a month," commented one expat living in Vietnam.

" In Ho Chi Minh City, most expats live in District 1, 2, 3, Binh Thanh, Tan Binh, and Phu nhuan and rental properties in these areas can range from $250/month to upwards of $10,000/month. You can rent a decent fully furnished apartment for around $500 in Binh Thanh District but the same apartment would cost more than $2000 in District 1. In comparison, $2500 is usually the starting price for bungalows outside the city centre in District 2," wrote one expat.

What appliances are typically included in a rental?

We asked foreigners in Vietnam what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Typically, rental properties in Vietnam come with basic kitchen appliances such as a fridge, stove, and electric cooktop. There may also be washing machines, electric fans, and air-conditioners. Furnishings and fixtures such as cabinets, closets, and even basic furniture may also be provided. Some rental properties even come with appliances like dishwashers, water heaters, and microwaves," commented one expat who moved to Vietnam.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Hanoi, Vietnam

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