How much money is enough in Vietnam?
For a more comfortable backpacker experience in Vietnam, it's best to budget around $50 per day. This way, you'll have more money to spend on things like food, drinks, activities and hotel rooms. For a comfortable mid-range experience in Vietnam, it's best to budget $60 to $100 per day for your entire costs.
If we were going to stay in Vietnam for a year, the cost of living would be between $8,000-$11,000 for us. I get really surprised when I see people saying they spent $15,000-$20,000 per month as a single person. That's quite a lot of money for this country.
For a two-week trip, your Vietnam travel budget should be about $2,530 per person based on my suggestions and itinerary as indicated above. Vietnam is an amazing country and one of the most affordable places for budget travellers.
The average home in Vietnam costs approximately $4,500. Monthly rent varies, but the average cost is about $650, and this price often includes utilities.
- And there are many more things you can buy for $1 in Vietnam:
- A cup of coffee.
- 1 cup of fruit smoothie or sugarcane juice.
- 1 A loaf of Vietnamese Baguette.
- A Conical Hat (Non la)
- Some Vietnamese Stamps.
Our rough estimate was a budget of around US$ 3,000 (total for 2 people) for 30 days. That worked out at US$ 50 per day per person, which is a comfortable amount for Vietnam and would allow us room for the occasional splurge. We break down our travel expenses into the following categories: Flights.
1000 USD equals to over 20 million VND, so your budget for each month is about 4 million VND. With cost of living in Da Nang city, this is ok for minimum expenses. 7.
Yes, living in Vietnam is relatively safe. The country rarely experiences horrible natural disasters such as earthquakes and tsunamis. The security, especially in large cities, is acceptable. Some local people are very friendly and willing to help when you need.
If you plan to fund your retirement on only Social Security or a small pension, your monthly budget will go far here. Many expats live comfortably in Vietnam on less than $1200 per month. Regardless if your tastes are modest or luxury, your living costs are less than what you would spend in a MCOL city in the US.
The price range for hatchbacks is 120,000 – 500,000, mid-size sedans range from 600,000 – 12,00,000 and luxury sedans range from 14,00,000 – 45,00,000. SUV's start at 900,000 and go up to 60,00,000.
Is Vietnam cheaper than Thailand?
Overall. Overall, the cost of living in Vietnam is lower than Thailand, even in a major city such as Ho Chi Minh City. As an expat, you can expect to pay about 20 to 30% less than you would in Thailand, although not everything will be more affordable.
While meal prices in Vietnam can vary, the average cost of food in Vietnam is d275,483 per day. Based on the spending habits of previous travelers, when dining out an average meal in Vietnam should cost around d110,193 per person. Breakfast prices are usually a little cheaper than lunch or dinner.
Below you can find the average prices for street-view houses in different districts, reported by Batdongsan.com.vn: District 1: VND 490 million (USD 21,120) / square meter. District 3: VND 314 million (USD 13,534) / square meter. District 10: VND 261 million (USD 11,250) / square meter.
Cost of Living in Vietnam: $700 to $1,400 per month
$700 on the low end of the range, up to $1,400 for mid-range expats. This averages living costs across many months—you may spend more getting set up, but many expats average $1,000 per month.
| Vietnam - Coca-Cola - price, June 2022 | |
|---|---|
| VND | 7,000.000 |
| USD | 0.298 |
| EUR | 0.300 |
| Location | Currency Exchange | Average Cost of Daily Expenses |
|---|---|---|
| Siem Reap, Cambodia | 1 USD = 4,036.60 KHR | $32 |
| Delhi, India | 1 USD = 67.8842 INR | $35 |
| Valparaiso, Chile | 1 USD = 640.110 CLP | $36 |
| Ho Chi Minh City, Vietnam | 1 USD = 22,871.67 VND | $47 |
| Accommodation (monthly rent) | |
|---|---|
| Three-bedroom apartment in city centre | VND 26,500,000 |
| Milk (1 litre) | VND 35,400 |
| Dozen eggs | VND 33,800 |
| Loaf of white bread | VND 24,900 |
How Much Cash Can I Carry into Vietnam? There are no restrictions on the amount of cash that travelers can bring into Vietnam, but it may have to be declared at customs. If the cash is in Vietnamese Dong, the individual can carry up to â‚«15,000,000 without having to declare it.
Here are in detail the expenses to live in Vietnam: Monthly rent: from $150 for a single room, to $500 for a small apartment up to $1,000 for a well located one and even $3,000 for a luxurious villa.
What is a good salary in Vietnam?
Wage and salary in Vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. The average wage per person in Vietnam is around 3.45 million VND ($150) a month and differentiated by many factors.
The law on land ownership in Vietnam is valid for all types of property. A foreign owner can purchase an apartment, house, villa or land. Foreign individuals and foreign entities cannot hold more than 30% of the shares of a building or more than 250 properties in the same district.
This route cuts down on travel costs as the only expense there would be renting a motorbike, which is quite easy to do in Hanoi Old Quarter or Pham Ngu Lao in Ho Chi Minh. You shouldn't spend more than $4-$6 per day. Three weeks could be done as cheaply as $800, but more realistically aim for $1,500.
The average salary in Vietnam is 6.1 million Vietnamese Dong (VND) per month, according to the July 2021 press release by the General Statistics Office of Vietnam. As per the August 2021 exchange rate, this is equivalent to 277 USD/month.
In the fourth quarter of 2020, paid workers and employees in rural Vietnam earned on average around 6.2 million Vietnamese dong per month.
The popularity and infrastructure development makes Hanoi the safest city in Vietnam.
Cities of Vietnam where English is Spoken widely
Generally, over 50% of the population can speak English. However, in rural areas, people do not speak English well. As you can see, more than half of the population speaks English in Vietnam. Also, many of them work in the tourism sector in all huge cities.
The Typical Salary for English Teachers in Vietnam
The average salary for ESL teachers in Vietnam is around $1,200 USD per month for a first time teacher. Those with more experience and qualifications can expect to bring in up to $2,000 USD per month, depending on the employer.
Retirees who are U.S. citizens are entitled to continue receiving benefits for as long as they live outside the United States. However, citizens of other countries who receive Social Security may have some restrictions on how long they can receive benefits while outside the United States.
Costa Rica
Climate, environment, and costs vary throughout the country, but the overall cost of living is about 38% lower than in the United States, and housing is 72% lower on average, based on June 2022 data.
Is Vietnam safe to retire?
In fact, Vietnam ranked number 10 on International Living's list of the world's best places to retire in 2021. Here's a closer look at why folks are considering spending their retirement years in Vietnam.
Foreigners are permitted to purchase a car in Vietnam if they: Are living and working in Vietnam. Possess a valid passport. Have a visa that is longer than three months.
Indeed, the Big Mac's birthplace is one of the priciest places to buy it, according to our comparison of over 70 countries around the world (see chart). In Vietnam, for example, the burger costs 69,000 dong.
The 3 Series Sedan is priced between 1,4 â‚« Billion and 1,75 â‚« Billion.
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Cost of Living in Vietnam: $700 to $1,400 per month.
Vietnam has become increasingly popular as an expat destination in recent years and it is now recognized as a safe place for foreigners to live and work. Expats are attracted by the nice weather, low cost of living, lively culture and the steady improvements in Vietnam's infrastructure.
| MONTHLY EXPENSES | PRICE (in US dollars) |
|---|---|
| Apartment (1 bedroom) | $400 – $600 |
| Apartment (2 bedroom) | $650 – $1,000 |
| Basic (Electricity, water, Cooling, garbage, heating) | $70 |
| Simple entertainment (Cinema, fitness, cafe, … ) | $200 – $300 |
| Vietnam - Coca-Cola - price, June 2022 | |
|---|---|
| VND | 7,000.000 |
| USD | 0.298 |
| EUR | 0.300 |
Wage and salary in Vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. The average wage per person in Vietnam is around 3.45 million VND ($150) a month and differentiated by many factors.
The price range for hatchbacks is 120,000 – 500,000, mid-size sedans range from 600,000 – 12,00,000 and luxury sedans range from 14,00,000 – 45,00,000. SUV's start at 900,000 and go up to 60,00,000.
Is Vietnam safe to live?
According to the 2019 Global Peace Index, Vietnam ranks 57th out of 163 countries in safety—well above the United States in the 114th position. In today's Vietnam, violent crime is rare.
