COST OF LIVING 2026

Cost of Living in Vietnam

A comfortable mid-range life in Vietnam costs about $1,300/month — 49% cheaper than the global average. Here's the full breakdown.

Vietnam is arguably the best value in Asia — a full lifestyle on $1,200/month, with Da Nang emerging as the hottest new digital nomad hub thanks to beaches, coffee, and strong connectivity.

$1,300
Mid-Range Monthly
$380
1BR Rent (Center)
$13
Mid-Range Meal
32
Cost Index (NYC=100)

Monthly Budget by Lifestyle Tier

Three lifestyle tiers for Vietnam — shared dorms and street food at the low end, a private apartment and nice restaurants in the middle, full-service luxury at the top.

🎒 Backpacker$650/mo
🏠 Mid-Range$1,300/mo
💎 Luxury$3,000/mo

Full Cost Breakdown

🏠 Rent: 1BR, city center$380
🏠 Rent: 1BR, outside center$220
🍽️ Inexpensive meal$2
🍽️ Mid-range meal (2 people, 3 courses)$13
🍺 Local beer (0.5L)$1
☕ Cappuccino$2
🚇 Monthly transit pass$11
🚕 Taxi start$0.6
📶 Average internet speed95 Mbps
🛡️ Safety score7.4/10
💱 CurrencyVND (₫)

✅ What's great

  • Cheapest major cities in SE Asia
  • Amazing coffee culture
  • Fast-growing nomad hubs (Da Nang)
  • Banh mi under $1

⚠️ What to know

  • Slower internet outside cities
  • Language barrier outside tourist areas
  • Humidity and rainy seasons

Practical Info

🛂 Visa
E-visa 30–90 days, visa-free for some
☀️ Best Months
February–April (north), December–April (south)
📍 Top Destinations
Hanoi · Da Nang · Ho Chi Minh City · Hoi An
💻 Digital Nomad Visa
❌ No dedicated nomad visa

Your Budget for Vietnam

Enter how many months you plan to stay — see the total cost across each lifestyle tier.

🎒 Backpacker total$1,950
🏠 Mid-range total$3,900
💎 Luxury total$9,000

Cost of Living in Asia

How Vietnam compares to other Asia countries on monthly cost, rent, and dining.

CountryMonthlyRent (Ctr)Meal (Mid)
Vietnam$1,300$380$13
India$1,200$350$12
Sri Lanka$1,300$380$12
Cambodia$1,300$400$12
Georgia$1,500$550$18
Thailand$1,600$420$15
Philippines$1,600$420$14
Malaysia$1,700$500$12
Indonesia$1,800$450$15
Taiwan$2,100$750$18
South Korea$2,800$900$25
Japan$3,000$1,200$30
United Arab Emirates$3,800$2,000$55
Singapore$4,000$2,600$40

How Vietnam Compares Globally

32
Cost Index
(NYC = 100)
$-1,261
vs global avg
($2,561/mo)
95
Internet Speed
(Mbps avg)

Popular Comparisons

Head-to-head with similar destinations:

Frequently Asked Questions

How much does it cost to live in Vietnam per month?

A comfortable mid-range lifestyle in Vietnam costs about $1,300 per month. Backpacker budgets start around $650, while a luxury lifestyle runs closer to $3,000. This includes rent, food, transport, and everyday expenses.

How much is rent in Vietnam?

A one-bedroom apartment in the city center of Vietnam costs around $380 per month, while the same apartment outside the center costs $220. Prices vary significantly by city — see Hanoi, Da Nang, Ho Chi Minh City for local nuance.

Is Vietnam cheaper than the US?

Yes. Vietnam's cost-of-living index is 32 compared to 100 for the US (using NYC as the benchmark). That's roughly 68% cheaper overall, with rent typically the biggest difference.

Does Vietnam have a digital nomad visa?

Vietnam does not currently offer a dedicated digital nomad visa. Visa options: E-visa 30–90 days, visa-free for some

What's the best time to visit or live in Vietnam?

The best months for Vietnam are February–April (north), December–April (south). Weather, tourist density, and local pricing all shift across the year, so planning your move during the ideal window saves both money and stress.

Plan Your Move to Vietnam

Lifeplanr's Trip Planner lets you budget flights, accommodation, and daily costs — see Vietnam fit into your life calendar.

Start Planning →

Free tier includes life calendar, journal, and trip planner.

More Asia Countries

Cheapest Countries

Browse all 49 countries →

Explore More on Lifeplanr

✈️ Travel to Vietnam
Bucket list, experiences & tips
💻 Digital Nomad Visas
Remote-work visas by country
📊 Life Expectancy by Country
How long do people live?
🔢 Weeks Remaining Calculator
Calculate your personal weeks left
💰 FIRE Calculator by Job
When can you retire?

Country Rankings