Cost Of Living For a Family in Vietnam 2025

Family cost of living chart - average monthly expenditure in Vietnam

Average monthly spending for families in Vietnam

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: VND
16M 46M 300M
MINIMUM AVERAGE MAXIMUM
$640 $1,800 $12,000

How much money does a family need in a month to survive in Vietnam?

Families in Vietnam spend around 46M VND per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 16M VND or as high as 300M VND. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Vietnam


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Vietnam

Dining, food, and beverages costs


Fast food combo meal

30,000 VND 60,000 VND 100,000 VND
MINIMUM AVERAGE MAXIMUM
$1.2 $2.4 $4

Restaurant meal for one

100,000 VND 150,000 VND 300,000 VND
MINIMUM AVERAGE MAXIMUM
$4 $6 $12

Fine dining meal for one

200,000 VND 300,000 VND 1.2M VND
MINIMUM AVERAGE MAXIMUM
$8.1 $12 $48

Cappuccino or latte

25,000 VND 40,000 VND 60,000 VND
MINIMUM AVERAGE MAXIMUM
$1 $1.6 $2.4

Grocery and market costs


Milk large bottle

20,000 VND 24,000 VND 30,000 VND
MINIMUM AVERAGE MAXIMUM
$0.81 $0.97 $1.2

12 eggs

15,000 VND 20,000 VND 30,000 VND
MINIMUM AVERAGE MAXIMUM
$0.60 $0.81 $1.2

Fresh whole chicken

34,000 VND 44,000 VND 63,000 VND
MINIMUM AVERAGE MAXIMUM
$1.4 $1.8 $2.5

Pack of beef

40,000 VND 60,000 VND 120,000 VND
MINIMUM AVERAGE MAXIMUM
$1.6 $2.4 $4.8

Medium bag of rice

16,000 VND 22,000 VND 31,000 VND
MINIMUM AVERAGE MAXIMUM
$0.65 $0.89 $1.3

Bag of tomatos

6,000 VND 8,000 VND 15,000 VND
MINIMUM AVERAGE MAXIMUM
$0.24 $0.32 $0.60

Bag of apples

11,000 VND 14,000 VND 23,000 VND
MINIMUM AVERAGE MAXIMUM
$0.43 $0.57 $0.93
Chart showing the prices and cost of commute, travel, and transportation in Vietnam


Commute, travel, and transportation costs


20 minutes taxi ride

25,000 VND 30,000 VND 60,000 VND
MINIMUM AVERAGE MAXIMUM
$1 $1.2 $2.4

Average car full tank

150,000 VND 200,000 VND 400,000 VND
MINIMUM AVERAGE MAXIMUM
$6 $8.1 $16

Average car 1-day rental

150,000 VND 200,000 VND 300,000 VND
MINIMUM AVERAGE MAXIMUM
$6 $8.1 $12

Average car price

75M VND 150M VND 200M VND
MINIMUM AVERAGE MAXIMUM
$3,000 $6,000 $8,100

Bus ticket one way

5,000 VND 7,500 VND 15,000 VND
MINIMUM AVERAGE MAXIMUM
$0.20 $0.30 $0.60

Car Service

200,000 VND 300,000 VND 600,000 VND
MINIMUM AVERAGE MAXIMUM
$8.1 $12 $24
Chart showing the prices and cost of utility, energy, water, and gas in Vietnam


Utility cost (monthly)


Utility Bill - Family

800,000 VND 2.3M VND 15M VND
MINIMUM AVERAGE MAXIMUM
$32 $92 $600

Internet and cable

150,000 VND 300,000 VND 400,000 VND
MINIMUM AVERAGE MAXIMUM
$6 $12 $16

Mobile phone charges

120,000 VND 200,000 VND 600,000 VND
MINIMUM AVERAGE MAXIMUM
$4.8 $8.1 $24

Leisure and activities costs


Movie ticket

75,000 VND 100,000 VND 150,000 VND
MINIMUM AVERAGE MAXIMUM
$3 $4 $6

One month gym membership

240,000 VND 300,000 VND 600,000 VND
MINIMUM AVERAGE MAXIMUM
$9.7 $12 $24
Chart showing the prices and cost of clothing and accessories in Vietnam


Cloths and accessories costs


Pair of jeans or pants

180,000 VND 250,000 VND 380,000 VND
MINIMUM AVERAGE MAXIMUM
$7.1 $10 $15

Woman dress

170,000 VND 230,000 VND 750,000 VND
MINIMUM AVERAGE MAXIMUM
$6.7 $9.3 $30

Woman shoes

160,000 VND 210,000 VND 500,000 VND
MINIMUM AVERAGE MAXIMUM
$6.4 $8.6 $20

Men's shoes

140,000 VND 170,000 VND 330,000 VND
MINIMUM AVERAGE MAXIMUM
$5.5 $6.7 $13

Men suit

150,000 VND 190,000 VND 1,000,000 VND
MINIMUM AVERAGE MAXIMUM
$6 $7.6 $40

Regular t-shirt

75,000 VND 100,000 VND 300,000 VND
MINIMUM AVERAGE MAXIMUM
$3 $4 $12
Chart showing the prices and cost of housing, accommodation, and rent in Vietnam


Housing costs / monthly rent


Studio apartment

2.5M VND 3.8M VND 10M VND
MINIMUM AVERAGE MAXIMUM
$100 $150 $400

1-bedroom apartment

3.8M VND 6M VND 15M VND
MINIMUM AVERAGE MAXIMUM
$150 $240 $600

2-bedroom apartment

5M VND 7.5M VND 20M VND
MINIMUM AVERAGE MAXIMUM
$200 $300 $810

Housing costs / Buying


Studio apartment

500M VND 750M VND 1,500M VND
MINIMUM AVERAGE MAXIMUM
$20,000 $30,000 $60,000

1-bedroom apartment

600M VND 1,000M VND 3,800M VND
MINIMUM AVERAGE MAXIMUM
$24,000 $40,000 $150,000

2-bedroom apartment

1,000M VND 3,000M VND 6,000M VND
MINIMUM AVERAGE MAXIMUM
$40,000 $120,000 $240,000
Chart showing the prices and cost of furniture in Vietnam


Furniture Costs


King Size Bed

3M VND 3.8M VND 5M VND
MINIMUM AVERAGE MAXIMUM
$120 $150 $200

Double Bed

2M VND 3M VND 3.8M VND
MINIMUM AVERAGE MAXIMUM
$81 $120 $150

Single Bed

1.8M VND 2.3M VND 3M VND
MINIMUM AVERAGE MAXIMUM
$71 $93 $120

Living Room

3.3M VND 4.3M VND 15M VND
MINIMUM AVERAGE MAXIMUM
$130 $170 $600

Dining Table

1.5M VND 2M VND 3.8M VND
MINIMUM AVERAGE MAXIMUM
$60 $81 $150

Sofa or Couch

2M VND 2.7M VND 6M VND
MINIMUM AVERAGE MAXIMUM
$81 $110 $240
Chart showing the prices and cost of electronic devices and appliances in Vietnam


Electronics and House Appliance Costs


TV Set

2M VND 3M VND 6M VND
MINIMUM AVERAGE MAXIMUM
$81 $120 $240

Fridge or Freezer

1.8M VND 2.7M VND 3.8M VND
MINIMUM AVERAGE MAXIMUM
$71 $110 $150

Washing Machine

2.3M VND 3.3M VND 6M VND
MINIMUM AVERAGE MAXIMUM
$93 $130 $240

Stove or Cooker

2.1M VND 2.7M VND 3.8M VND
MINIMUM AVERAGE MAXIMUM
$86 $110 $150

Mobile Phone

2.5M VND 3M VND 4.3M VND
MINIMUM AVERAGE MAXIMUM
$100 $120 $170

Laptop or Computer

2.7M VND 3.3M VND 6M VND
MINIMUM AVERAGE MAXIMUM
$110 $130 $240
Family cost of living and expenditure to income ratio in Vietnam

Family expenditure to income ratio in Vietnam

Analysing the how affordable it is for families to live in Vietnam

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

91%

84% to 100%

( expenditure / income ) x 100


Families in Vietnam spend around 91% of their monthly income. Some families spend as low as 84% of their income while some as high as 100%.

Distribution of monthly cost of living expenses of a family in Vietnam

How do families spend their money in Vietnam?

We asked thousands of families about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for families

Accomodation Cost26%

26% of total expenses on average (21% to 36%)

LOW$210   5.1M VND
AVERAGE$590   15M VND
HIGH$3,800   95M VND
Per Month

Families in Vietnam typically spend from 21% to 36% of their total monthly expenditure on housing with 26% being the average. The average monthly spend on housing is 15M VND with expenditure ranging from 5.1M VND to 95M VND. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for families

Cost of utilities5%

5% of total expenses on average (3% to 8%)

LOW$32   800,000 VND
AVERAGE$92   2.3M VND
HIGH$600   15M VND
Per Month

Utility expenditure like electricity, water, and gas in Vietnam ranges from 3% to 8% of total expenses with 5% being the average for most families. The average monthly cost of utilities is 2.3M VND with 800,000 VND and 15M VND being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel5%

5% of total expenses on average (3% to 7%)

LOW$64   1.6M VND
AVERAGE$180   4.6M VND
HIGH$1,200   30M VND
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 1.6M VND to 30M VND in a month on commuting with 4.6M VND being the norm for most families. This means that money spent on transport constitutes about 5% of total spending on average but can go as low as 3% or as high as 7%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost21%

21% of total expenses on average (14% to 27%)

LOW$120   2.9M VND
AVERAGE$330   8.2M VND
HIGH$2,200   53M VND
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Vietnam is 8.2M VND. The cost of groceries can range between 2.9M VND to 53M VND. Families spend on average about 21% on food and groceries with upper and lower bounds of 14% and 27% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare11%

11% of total expenses on average (7% to 16%)

LOW$58   1.4M VND
AVERAGE$180   4.6M VND
HIGH$960   24M VND
Per Month

Families in Vietnam allocate 7% to 16% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 11%. The range of medical expenses range from 1.4M VND to 24M VND with 4.6M VND being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping3%

3% of total expenses on average (1% to 7%)

LOW$32   800,000 VND
AVERAGE$92   2.3M VND
HIGH$600   15M VND
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 800,000 VND to 15M VND with 2.3M VND being the average. Speaking of percentages, that equates to 1% to 7% of total expenses with an average of 3% for most families.

Education and schooling expenditure for families

Cost of education and schooling13%

13% of total expenses on average (6% to 21%)

LOW$90   2.2M VND
AVERAGE$260   6.4M VND
HIGH$1,700   42M VND
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 13% of the monthly expenditure of families with 6% and 21% being the lower and upper bounds respectively. The average reported education cost is 6.4M VND per month with 2.2M VND being the minimum spent amount and 42M VND being the maximum.

Other Expenses16%

16% of total expenses on average (9% to 21%)

LOW$52   1.3M VND
AVERAGE$150   3.7M VND
HIGH$960   24M VND
Per Month
Percentage of families who manage to save money from their income every month in Vietnam

What percentage of families in Vietnam are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
50%
Not Saving
50%

Almost 50% of surveyed families in Vietnam said that they can save some money at the end of each month while 50% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Vietnam

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do families manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

8% 14% of income 27%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

5M VND
$200
14M VND
$580
93M VND
$3,800
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%39%
10% - 20%30%
20% - 30%20%
30% - 40%5%
40% - 50%4%
> 50%2%

Interpretation and Analysis

Families that are able to save money can put anywhere from 8% to 27% of their monthly income to their savings, with 14% being the average for most families. The average monthly amount of money that families can put aside is 14M VND with 5M VND and 93M VND being the minimum and maximum respectively.

Reasons that make it difficult for families to save money in Vietnam

Saving Challenges in Vietnam

Reasons that make it difficult for families to save money

We wanted to understand what is stopping families from maximizing their savings in Vietnam. Listed below are the answers given by the survey participants.


Reason% People
Low Income5%
High Expenses8%
Debt and Loans14%
Lack of Budgeting Skills11%
Impulsive Spending11%
Financial Emergencies7%
Living the moment6%
Will do it later20%
Inflation13%
Social Pressure3%
Market Instability2%

Around 5% of the families said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 14% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 11% of families blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 20% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 13% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Where do families choose to put their savings in Vietnam

Typical saving choices for families in Vietnam

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold13%
Savings Accounts17%
Retirement Accounts10%
Cash Savings20%
Real Estate9%
Investment5%
Stocks4%
Bonds5%
Mutual Funds2%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for families to live in Vietnam

Affordable living in Vietnam

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Vietnam?


Yes
50%
No
50%

Around 50% of surveyed families think that living in Vietnam is affordable with proper budgeting while 50% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Vietnam

Low-cost alternatives in Vietnam

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options53%

Few low-cost options47%


Based on the survey, 53% of the families living in Vietnam have no problem finding low-cost alternatives to support a frugal lifestyle while 47% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Families

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked families of Vietnam whether they have an emergency fund and the answers were as follows.

Yes45%

No55%


Based on the survey, 55% of the families living in Vietnam said that they don't have an emergency fund while 45% said that they do.

Financial literacy and difficulty in budgeting and financial planning for families in Vietnam

Financial Literacy in Vietnam

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy45%


We asked family guardians and parents in Vietnam whether they acquired any adequate personal financial training in their lives. Approximately 55% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 45% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether families of Vietnam have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 60% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 40% said that they have everything under control.

Struggles with finance60%

Easily manages finances40%

Financial goals and targets of families living in Vietnam

Financial goals of families in Vietnam

In an attempt to understand the economic situation in Vietnam, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund8%
Debt Reduction42%
Retirement Savings10%
Education Funding7%
Homeownership18%
Investing7%
Travel or Lifestyle7%
Healthcare Expenses13%
Financial Independence5%

Around 8% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 42% said their number one priority is to pay off high-interest debt or loans and improve credit. 10% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 7% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 7% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 13% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of families who are in debt in Vietnam

Debt, loans, and mortgages in Vietnam


Percentage of families who are in debt


In Debt
36%
Debt Free
64%

According to the survey, 36% of the families in Vietnam have some kind of debt, loan, mortgage, or credit card payments while 64% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Vietnam

Debt-to-income ratio in Vietnam

Debt to income ratio

32%

24% to 40%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 32% of a family's monthly income in Vietnam goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%17%
40% - 50%14%
30% - 40%16%
20% - 30%11%
10% - 20%13%
0% - 10%26%

According to our data, 3% of the debtors in Vietnam pay 60%+ of their income as debt settlement while 17% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 14% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 16% dedicated 30% to 40% of income for same. Things are looking brighter for 11% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Vietnam

Debt% People
Real Estate Mortgage9%
Auto Loan16%
Student Loan4%
Credit Card29%
Personal Loan42%

9% of debtors in Vietnam confirm that real estate mortgages constitutes the main part of their outstanding debt while 29% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 16% of people and personal loans rose at 42%. Lastly, student loans are the main source of debt for 4% of debtors in Vietnam.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Vietnam

Besides measuring the loan-to-income ratio, we asked families of Vietnam how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never51%
Once a year24%
Twice a year12%
Three times a year9%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Vietnam

Housing costs, accommodation, and housing affordability in Vietnam

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Vietnam

Monthly Rent Prices

Studio apartment monthly rent cost

2.5M VND 3.8M VND 10M VND
MINIMUM AVERAGE MAXIMUM
$100 $150 $400

1-bedroom apartment monthly rent cost

3.8M VND 6M VND 15M VND
MINIMUM AVERAGE MAXIMUM
$150 $240 $600

2-bedroom apartment monthly rent cost

5M VND 7.5M VND 20M VND
MINIMUM AVERAGE MAXIMUM
$200 $300 $810

3-bedroom apartment monthly rent cost

6M VND 10M VND 27M VND
MINIMUM AVERAGE MAXIMUM
$240 $400 $1,100

Furnished apartment monthly rent cost

12M VND 30M VND 60M VND
MINIMUM AVERAGE MAXIMUM
$480 $1,200 $2,400

Townhouse monthly rent cost

10M VND 15M VND 43M VND
MINIMUM AVERAGE MAXIMUM
$400 $600 $1,700

House monthly rent cost

12M VND 30M VND 60M VND
MINIMUM AVERAGE MAXIMUM
$480 $1,200 $2,400

Villa monthly rent cost

15M VND 38M VND 60M VND
MINIMUM AVERAGE MAXIMUM
$600 $1,500 $2,400

The monthly rental cost of a studio apartment in Vietnam ranges between 2.5M VND and 10M VND, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 3.8M VND to 15M VND. Two-bedroom rentals rate ranges between 5M VND and 20M VND per month. The monthly rental for a three-bedroom apartment ranges from 6M VND to 27M VND. The average rent of a townhouse in Vietnam is around 15M VND while house rental costs can be as high as 30M VND per month. Finally, if you want to rent a villa, expect to pay anywhere from 15M VND to 60M VND per month.



Apartment and house prices in Vietnam

Cost of buying a property

Studio apartment price

500M VND 750M VND 1,500M VND
MINIMUM AVERAGE MAXIMUM
$20,000 $30,000 $60,000

1-bedroom apartment price

600M VND 1,000M VND 3,800M VND
MINIMUM AVERAGE MAXIMUM
$24,000 $40,000 $150,000

2-bedroom apartment price

1,000M VND 3,000M VND 6,000M VND
MINIMUM AVERAGE MAXIMUM
$40,000 $120,000 $240,000

3-bedroom apartment price

3,300M VND 5,000M VND 15,000M VND
MINIMUM AVERAGE MAXIMUM
$130,000 $200,000 $600,000

Townhouse price

4,300M VND 10,000M VND 38,000M VND
MINIMUM AVERAGE MAXIMUM
$170,000 $400,000 $1.5M

House price

5,000M VND 30,000M VND 43,000M VND
MINIMUM AVERAGE MAXIMUM
$200,000 $1.2M $1.7M

Villa price

6,000M VND 33,000M VND 50,000M VND
MINIMUM AVERAGE MAXIMUM
$240,000 $1.3M $2M

The average price of a studio apartment in Vietnam can range from 500M VND to 1,500M VND depending on location. One bedroom cost can be anywhere from 600M VND to 3,800M VND. A villa can cost you 33,000M VND on average with prices ranging from 6,000M VND to 50,000M VND.


If you're leasing or purchasing, housing costs in Vietnam will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


31 x88 monthly income 193
MINIMUM AVERAGE MAXIMUM

Property prices in Vietnam can be x88 to x193 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x88 multiples of the average monthly salary in Vietnam.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


19% 29% of income 39%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Vietnam is around 29%. This means that people pay 29% of their income for rent. Those figures can range from 19% to 39% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
27%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
1.9%
AVERAGE
2.9%
TO
3.9%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


46,000 VND 590,000 VND 5.9M VND
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Vietnam

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Vietnam

Utility Bill Cost / Electricity + Water + Gas / Family

800,000 VND 2.3M VND 15M VND
MINIMUM AVERAGE MAXIMUM
$32 $92 $600

Internet and cable cost

150,000 VND 300,000 VND 400,000 VND
MINIMUM AVERAGE MAXIMUM
$6 $12 $16

Mobile phone bill and charges

120,000 VND 200,000 VND 600,000 VND
MINIMUM AVERAGE MAXIMUM
$4.8 $8.1 $24

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of families is around 2.3M VND. The cost of internet and WiFi ranges from 150,000 VND to 400,000 VND with 300,000 VND being the average internet bill. Finally, the average monthly mobile charges is around 200,000 VND but can range between 120,000 VND and 600,000 VND depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


3% 6% of income 10%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Vietnam is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3% to 10% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Vietnam

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Vietnam

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

30,000 VND 60,000 VND 100,000 VND
MINIMUM AVERAGE MAXIMUM
$1.2 $2.4 $4

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Vietnam is approximatly 60,000 VND with meal cost ranging from 30,000 VND to 100,000 VND. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

100,000 VND 150,000 VND 300,000 VND
MINIMUM AVERAGE MAXIMUM
$4 $6 $12

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 100,000 VND and 300,000 VND with 150,000 VND being the average price of a plate for one person at a regular restaurant in Vietnam.

Fine dining meal for one price

200,000 VND 300,000 VND 1.2M VND
MINIMUM AVERAGE MAXIMUM
$8.1 $12 $48

The price range of a meal at fine-dining restaurant is 200,000 VND to 1.2M VND with the average cost being 300,000 VND for one person. This is what you would expect to pay a top-tier diner in Vietnam.

Beverage prices, cappuccino, latte etc..

25,000 VND 40,000 VND 60,000 VND
MINIMUM AVERAGE MAXIMUM
$1 $1.6 $2.4

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Vietnam is around 40,000 VND. Price ranges between 25,000 VND and 60,000 VND depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

20,000 VND 24,000 VND 30,000 VND
MINIMUM AVERAGE MAXIMUM
$0.81 $0.97 $1.2

The average price of a large bottle of milk in Vietnam is 24,000 VND. The maximum what you would pay for milk is 30,000 VND and the minimum being 20,000 VND depending on the brand of milk and other properties.

12 eggs price

15,000 VND 20,000 VND 30,000 VND
MINIMUM AVERAGE MAXIMUM
$0.60 $0.81 $1.2

A dozen eggs costs around 20,000 VND on average with 15,000 VND and 30,000 VND being the lower and upper limits respectively.

Fresh whole chicken price

34,000 VND 44,000 VND 63,000 VND
MINIMUM AVERAGE MAXIMUM
$1.4 $1.8 $2.5

The price range of a fresh whole chicken in Vietnam is between 34,000 VND and 63,000 VND depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 44,000 VND.

Pack of beef price

40,000 VND 60,000 VND 120,000 VND
MINIMUM AVERAGE MAXIMUM
$1.6 $2.4 $4.8

The price of a regular pack of beef or meat is around 60,000 VND. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

16,000 VND 22,000 VND 31,000 VND
MINIMUM AVERAGE MAXIMUM
$0.65 $0.89 $1.3

A bag of rice in Vietnam costs around 22,000 VND on average with prices rangeing between 16,000 VND and 31,000 VND depending on the brand and quality.

Bag of tomatos price

6,000 VND 8,000 VND 15,000 VND
MINIMUM AVERAGE MAXIMUM
$0.24 $0.32 $0.60

A bag of tomatoes costs anywhere from 6,000 VND to 15,000 VND. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

11,000 VND 14,000 VND 23,000 VND
MINIMUM AVERAGE MAXIMUM
$0.43 $0.57 $0.93

A bag of apples costs 14,000 VND on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


19% 27% of income 33%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Vietnam is around 27%. This means that families spend 27% of their income on grocery and basic household items. The expenditure can range from 19% to 33% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 2.9M VND to 53M VND with the location, income, and size of the family being the most determinite factors.

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