Cost of Living in Vietnam

Last update: 2026-02-12

Vietnam is widely known as an affordable destination for expats, digital nomads, and retirees. However, the real cost of living depends heavily on the city, neighborhood, and lifestyle choices.

While some people live comfortably on a modest budget, others may spend significantly more in central urban districts with international standards of housing and services.

This guide provides a national overview of living expenses in Vietnam, along with a city-by-city comparison to help you estimate your monthly budget.

Is Vietnam Expensive?

Compared to countries such as the United States, United Kingdom, Australia, or Singapore, Vietnam remains relatively affordable.

However, Vietnam is no longer “ultra-cheap,” especially in:

Ho Chi Minh City (central districts)
Hanoi (Tay Ho, Hoan Kiem)
Beachfront areas in Da Nang

Housing is typically the largest expense, followed by lifestyle choices.

Average Monthly Cost in Vietnam (Single Person)

Below is a general estimate for a moderate lifestyle in a major city:

Rent: $400 – $1,200
Utilities (electricity, water, internet): $50 – $120
Food & groceries: $250 – $500
Transportation: $50 – $150
Entertainment & lifestyle: $150 – $400

Estimated total: $1,000 – $2,000 per month

With a local-style lifestyle and shared housing, costs can drop below $900/month.
With premium housing and international dining, costs can exceed $2,500/month.

Cost of Living by City

Living expenses vary significantly between cities. Below is a quick comparison.

City	Budget Lifestyle	Comfortable Lifestyle	High-End Lifestyle
Ho Chi Minh City	$700 – $1,000	$1,200 – $2,000	$2,500+
Hanoi	$650 – $950	$1,100 – $1,800	$2,200+
Da Nang	$600 – $900	$1,000 – $1,600	$2,000+
Smaller Cities	$500 – $800	$900 – $1,400	$1,800+

Key Expense Categories

1. Housing

Rent varies dramatically depending on:

City
District
Type of apartment
Furnishing and building quality

Serviced apartments and modern high-rise buildings cost significantly more than local houses or shared rooms.

2. Food

Local Vietnamese meals remain affordable, often $2–$4 per dish.

Western restaurants and imported groceries can increase monthly food expenses substantially.

3. Transportation

Most residents use:

Motorbikes
Ride-hailing apps (Grab)
Taxis

Public transportation is improving but still limited compared to major global cities.

4. Healthcare & Insurance

Public healthcare is inexpensive but limited for foreigners.

Most expats rely on:

Private hospitals
International health insurance

Insurance costs vary based on coverage level and age.

Managing Your Finances in Vietnam

If you plan to live in Vietnam long-term, opening a local bank account can simplify rent payments, salary transfers, and digital payments.

Read more in our guide: Banking and payments in Vietnam

If you are still preparing for your trip, see: Vietnamese currency and payments before you arrive

Final Thoughts

Vietnam offers flexibility. You can live modestly on a relatively low budget or enjoy a comfortable international lifestyle at a fraction of Western costs.

The best way to estimate your expenses is to choose a city first — then review detailed cost breakdowns for that location.

Start with your preferred destination above to explore a more detailed city guide.

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