How much money do I need for 1 month in Vietnam?
Even in these two places, a couple can enjoy a comfortable, middle-class lifestyle for less than $1,300 per month. Many Westerners who live in Hanoi and Ho Chi Minh City get by spending around $500 per month, but it's a no-frills lifestyle.
💥 Cost of living in Vietnam (in 2022) : average in USD
Accommodation, transportation, food, entertainment, internet, bus or plane tickets for travels, health insurance will be your main costs. Plan a minimum budget of $700/month if you are young or do not spend a lot.
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.
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.
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.
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.
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.
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.
In Vietnam, USD $100 Can Get You:
15-18 nights in a budget hotel, or 5-8 nights in a three-star accommodation in Hanoi. 15-20 mid-priced restaurant meals. 1 one-way trip from Hanoi to Da Nang via Livitrans luxury train.
How much money do I need for one week in Vietnam?
| Luxury budget (for 1 person) | Medium Budget (for 1 person) | |
|---|---|---|
| Total (for 1 day) | approximately $310 and up | approximately $95 and up |
| Total (for 1 week) | approximately $2100 and up (including going on tour everyday and one souvenir item) | approximately $630 and up (including going on tour everyday and one souvenir item) |
The average price of a 7-day trip to Vietnam is $1,037 for a solo traveler, $1,796 for a couple, and $924 for a family of 4. Vietnam hotels range from $25 to $153 per night with an average of $46, while most vacation rentals will cost $50 to $410 per night for the entire home.
Cost of Living in Vietnam: $700 to $1,400 per month
This averages living costs across many months—you may spend more getting set up, but many expats average $1,000 per month.
- Cambodia. Southeast Asia is a notoriously cheap area to visit. ...
- Laos. Laos is another affordable country in Southeast Asia. ...
- Vietnam. ...
- Indonesia. ...
- Nepal. ...
- Morocco. ...
- Nicaragua. ...
- El Salvador.
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.
In the fourth quarter of 2020, paid workers and employees in rural Vietnam earned on average around 6.2 million Vietnamese dong per month. Meanwhile, the average monthly salary for paid workers and employees in urban Vietnam was slightly higher, at approximately 7.3 million Vietnamese dong.
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.
If you're on a budget, look no further than Vietnam! Prices for food and drinks, as well as the general cost of living, are so unbeatably cheap that Vietnam was recently named the world's most affordable country for foreigners.
According to a 2020 survey by Numbeo, whose data is used by The Economist and Time Magazine, the Philippines has a Cost of Living index of 39.2 – meaning that, overall, everything costs 39.2% of the price you'd pay in New York (which has an index of 100). Vietnam is even slightly cheaper, with an index of 38.1.
Both countries are roughly the same in terms of safety, with Vietnam having a slight advantage. Scams are a greater risk than violent crime, which isn't really an issue. Thailand is slightly more prone to fraud and petty thefts, but only because it's more popular with tourists.
Is Cambodia cheaper than Vietnam?
A week in Cambodia can cost you about $343 (per person), while a week in Vietnam may cost you around $361. These differences become even more noticable if you plan to spend a longer time in the country. 10 days, two weeks, or even one month of travel to Cambodia or Vietnam can really add to your travel budget.
Some say that Thailand has better beaches and a livelier nightlife. Others find Vietnam the most beautiful place on earth and are drawn to its fairly affordable prices. But, apart from the differences, both Vietnam and Thailand are paradisiac places, capable of pleasing the most inquisitive travelers.
MakeMyTrip currently offers over 30 tour packages to Vietnam, with prices starting as low as Rs. 13220. Explore a variety of itineraries and choose from Vietnam travel packages with or without flights. With our unbeatable deals and discounts, your money goes further!
| Items | USD - AUD - CAD | Vietnam Dong |
|---|---|---|
| Canned beer - Heneiken | $0.75 | VND 15,000 |
| Bottled water - 0.5l | $0.25 | VND 5,000 |
| Milk - 180ml | $0.30 | VND 6,000 |
| Yogurt - small cup | $0.30 | VND 6,000 |
| Vietnam - Coca-Cola - price, June 2022 | |
|---|---|
| VND | 7,000.000 |
| USD | 0.299 |
| EUR | 0.300 |
In Vietnam, USD $100 Can Get You:
15-18 nights in a budget hotel, or 5-8 nights in a three-star accommodation in Hanoi. 15-20 mid-priced restaurant meals. 1 one-way trip from Hanoi to Da Nang via Livitrans luxury train.
| Luxury budget (for 1 person) | Medium Budget (for 1 person) | |
|---|---|---|
| Total (for 1 day) | approximately $310 and up | approximately $95 and up |
| Total (for 1 week) | approximately $2100 and up (including going on tour everyday and one souvenir item) | approximately $630 and up (including going on tour everyday and one souvenir item) |
A week in Malaysia can cost you about $469 (per person), while a week in Vietnam may cost you around $361. These differences become even more noticable if you plan to spend a longer time in the country. 10 days, two weeks, or even one month of travel to Malaysia or Vietnam can really add to your travel budget.
MakeMyTrip currently offers over 30 tour packages to Vietnam, with prices starting as low as Rs. 13220. Explore a variety of itineraries and choose from Vietnam travel packages with or without flights. With our unbeatable deals and discounts, your money goes further!
