Home page
Wonderpedia
Article

Vietnam living cost per month: A close look at the expenses for basic needs

27/07/2023

2.099 views

Vietnam living cost per month encompasses the expenses for daily necessities. With reasonable expenditure, Vietnam is a popular destination for those seeking a modest lifestyle within their budget.

1. In-depth analysis of Vietnam living cost per month
2. Estimated sum of Vietnam living cost per month and tips for savings

Vietnam living cost per month varies, depending on the budget and lifestyle (Source: Collected)

Vietnam living cost per month is an important consideration, especially for those looking to settle down here. With reasonable expenses, the beautiful S-shaped country is a popular destination for many people to travel and live in.

1. In-depth analysis of Vietnam living cost per month

1.1. Cost of accommodation

Vietnam living cost per month is primarily associated with rental expenses. This cost can range from $200 to $1,000 or more per month. For individuals on a limited budget, options such as studio apartments, mini loft studios, or student apartments can be found in small cities and towns, ranging from 3,500,000 to 4,500,000 VND ($150 – $200).

However, in larger cities like Hanoi or Ho Chi Minh City, rental prices can range from 5,000,000 to 7,000,000 VND ($250 – $350). If you are seeking a larger apartment in a more affluent area of Ho Chi Minh City, the cost can double or even triple, ranging from $500 to $1,000 per month.

When renting an apartment, landlords often require a deposit as a form of security. These deposits can vary, depending on factors such as location, type of accommodation, and the landlord themselves. Typically, the deposit amount is equivalent to one or two months’ rent. The deposit will be refunded at the end of the rent, provided there are no damages and all payments have been made.

The cost of food and accommodation in Vietnam for one month is not high (Source: Collected)

1.2. Cost of food and groceries

The next component of Vietnam living cost per month is food and groceries. While Vietnamese food is known for being incredibly affordable, prices can still vary depending on the goods and services. Here are the specifics:

Cooking at home: Cooking your meal at home can be cost-effective, costing as low as $2 – $4 per meal. Purchasing groceries at local markets is more budget-friendly compared to chain supermarkets.
Food delivery: Utilizing food delivery often requires a small delivery fee or has a slightly higher price compared to dining at the restaurant in person. The most popular food delivery apps in Vietnam include ShopeeFood, Baemin, Grab Food, and Go Food.
Eating out: You may only have to pay $1 – $2 for a dish from street vendors. In spacious restaurants or fast food chains, the average cost for a meal ranges from $3 to $4. If you opt for fancier restaurants, prices start from approximately $6 and can go higher.

Food and groceries in Vietnam are known for being budget-friendly (Source: Collected)

1.3. Cost of transportation

Transportation is also part of Vietnam living cost per month. Vietnam offers a variety of popular and affordable transportation options, including buses, trains, taxis, and motorbikes, making traveling within the country convenient and efficient.

Purchasing a motorbike: The average cost for getting a new motorbike is around $1,000. Many motorbike repair shops also offer affordable used motorbikes.
Fuel: The average cost of fuel is around $1 per liter, which will be approximately $10 per month. It can vary, based on driving habits and mileage.
Getting around by taxi: The taxi fare typically starts at around $0.50. It can increase based on the distance and demand when booking the ride.
Bicycle: You can purchase a used bicycle for as low as $25. Alternatively, you can choose to buy a new bicycle, with prices starting from $80 for affordable options, $120 for reliable mountain bikes, and $200 or more for high-quality road bikes.
Bus and train: Utilizing buses is one of the most cost-effective ways to travel. Bus rides within the city often cost as low as $0.25.

You can either rent or buy a motorbike when living in Vietnam (Source: Collected)

1.4. Cost of utility bills

Electricity: Electricity is an integral part of the monthly living cost in Vietnam and anywhere else. It is calculated based on the number of kilowatt hours (kWh) consumed. On average, the cost per kWh can range from 1,500 to 3,000 VND ($0.07 – $0.13). To keep your electricity cost at a reasonable level, it is advisable to practice energy-saving habits.
Cost of Internet and phone services: SIM cards in Vietnam are widely available and affordable. With just $5, you can purchase a SIM card that comes with 2 GBs of mobile data. The Internet service is often included in the rental fee of apartments in Vietnam, which are equipped with pre-installed internet access that is readily available when you move in.

1.5. Other living expenses in Vietnam per month

Sports and leisure activities: The cost of participating in sports and leisure activities in Vietnam can vary, depending on the type of the sport and activity themselves.
Childcare: The cost of childcare in Vietnam can also vary depending on various factors such as location, type of care, and duration. Services such as babysitting, preschooling, and extracurricular activities for children all have different prices.
Clothing: The prices of clothing in Vietnam can also vary based on the type of merchandise, brand, and place of purchase. Retail stores, local markets, and shopping centers all offer clothing items at affordable prices.
Alcohol: The prices of beer and liquor in Vietnam can vary depending on the type and brand. The local beers are quite affordable, ranging from $0.50 to $1.50 per bottle in restaurants or bars. Imported beers and craft liquors may be slightly more expensive.

Other living expenses in Vietnam per month vary based on lifestyle choices (Source: Collected)

Read more: Things to do in Vietnam: A list of secrets for you to unveil

2. Estimated sum of Vietnam living cost per month and tips for savings

How much to live comfortably in Vietnam? The cost of living in Vietnam depends on the city you live in and the lifestyle you have. Based on the analysis above, the estimated average monthly cost is around $500 if you aim for a frugal lifestyle. However, if you opt for a slightly better accommodation, frequently go out, or live in a larger city, the monthly cost of living in Vietnam can easily reach $1,000 or more. At the luxury end, living in an upscale villa and indulging in unique culinary experiences can exceed $4,000 per month.

Here are some helpful tips to save money and maintain a budget-friendly spending habit:

Create a monthly budget: Determine your income and fixed expenses, and allocate a specific amount for variable expenses like groceries, dining out, and entertainment.
Track your expenses: Use budgeting apps or keep a record of your expenses in a notebook to stay aware of where your money is going.
Cook at home: Plan your meals in advance, make a grocery list, and shop wisely to minimize food wastage.
Utilize public transportation: Opt for buses, trains, or shared rides instead of relying solely on taxis or ride-hailing services to save on transportation costs.
Limit unnecessary expenses: Exercise self-discipline and cut down on non-essential expenses that do not align with your priorities and financial goals.

Vietnam living cost per month also depends on the city you reside in (Source: Collected)

Living in Vietnam, you will have an opportunity to visit and explore countless fascinating destinations, including Hanoi, Hoi An, Phu Quoc, Nha Trang, Da Nang, Ho Chi Minh City, and more. Vietnam travel will bring you unforgettable experiences.

When you are in Hanoi, don’t miss out on VinKE & Vinpearl Aquarium. VinKE offers children a playful and educational environment, where they can discover various career options through exciting job simulation games. Meanwhile, Vinpearl Aquarium provides visitors with a chance to explore a miniature ocean world with thousands of diverse marine creatures.

VinKE & Vinpearl Aquarium

Visiting Phu Quoc, Nha Trang, and Hoi An, you can experience a wide range of exciting games and activities at VinWonders – the leading entertainment complex in Vietnam. At VinWonders Nam Hoi An, VinWonders Nha Trang, and VinWonders Phu Quoc, visitors can participate in a multitude of thrilling games, exciting activities, and unique performances.

VinWonders offers exciting entertainment attractions

Book tickets of VinWonders Phu Quoc, Nha Trang, Nam Hoi An, VinKE & Vinpearl Aquarium to immerse yourself in a fantastic entertainment world!

In conclusion, Vietnam living cost per month is an important factor to consider before living or traveling here. This cost can vary depending on factors such as the location, lifestyle, and spending habits. Generally, it is relatively low compared to many other countries in the world.

Nha Trang

Phu Quoc

Ha Noi

Nghe An - Ha Tinh

Hoi An - Da Nang

Hai Phong

Ho Chi Minh City

Nha Trang

Phu Quoc

Ha Noi

Nghe An - Ha Tinh

Hoi An - Da Nang

Hai Phong

Ho Chi Minh City

Vietnam living cost per month: A close look at the expenses for basic needs

1. In-depth analysis of Vietnam living cost per month

1.1. Cost of accommodation

1.2. Cost of food and groceries

1.3. Cost of transportation

1.4. Cost of utility bills

1.5. Other living expenses in Vietnam per month

2. Estimated sum of Vietnam living cost per month and tips for savings

Related Posts

Southeast Asia in June: Best travel advice for a smooth trip

Southeast Asia in May: The best destinations and travel tips

Phu Quoc tour 3 days 2 nights: A full guide for your ultimate experience

Posts for you

Search

Featured offers

Search history

Most popular

txt_ud

Chicken Fest Combo – Play Hard, Feast Harder at VinWonders

Fly Smart, Stay Stylish, Play Epic, Travel Green: Up to 50% Off VinWonders Tickets

News & Experiences

Southeast Asia in June: Best travel advice for a smooth trip

Southeast Asia in May: The best destinations and travel tips