Cost Of Living For a Student in Hai Phong 2025
Average Monthly Expenditure
Currency: VND
Average monthly spending for students in Hai Phong
How much money does a student need in a month to survive in Hai Phong?
Students in Hai Phong spend around 14M VND per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 2.2M VND or as high as 95M VND. Location is a very important factor and has a huge influence on expenditure and budget.
Prices and cost of goods and services in Hai Phong
Dining, food, and beverages costs
Fast food combo meal
| 31,000 VND | 62,000 VND | 100,000 VND |
Restaurant meal for one
| 99,000 VND | 150,000 VND | 300,000 VND |
Fine dining meal for one
| 200,000 VND | 300,000 VND | 1.2M VND |
Cappuccino or latte
| 26,000 VND | 41,000 VND | 62,000 VND |
Grocery and market costs
Milk large bottle
| 21,000 VND | 25,000 VND | 31,000 VND |
12 eggs
| 16,000 VND | 21,000 VND | 31,000 VND |
Fresh whole chicken
| 35,000 VND | 46,000 VND | 65,000 VND |
Pack of beef
| 41,000 VND | 62,000 VND | 120,000 VND |
Medium bag of rice
| 17,000 VND | 23,000 VND | 32,000 VND |
Bag of tomatos
| 6,200 VND | 8,300 VND | 16,000 VND |
Bag of apples
| 11,000 VND | 15,000 VND | 24,000 VND |
Commute, travel, and transportation costs
20 minutes taxi ride
| 25,000 VND | 30,000 VND | 59,000 VND |
Average car full tank
| 160,000 VND | 210,000 VND | 410,000 VND |
Average car 1-day rental
| 140,000 VND | 190,000 VND | 280,000 VND |
Average car price
| 78M VND | 160M VND | 210M VND |
Bus ticket one way
| 4,700 VND | 7,100 VND | 14,000 VND |
Car Service
| 190,000 VND | 280,000 VND | 570,000 VND |
Utility cost (monthly)
Utility Bill - Student
| 86,000 VND | 570,000 VND | 3.8M VND |
Internet and cable
| 160,000 VND | 310,000 VND | 410,000 VND |
Mobile phone charges
| 120,000 VND | 210,000 VND | 620,000 VND |
Leisure and activities costs
Movie ticket
| 78,000 VND | 100,000 VND | 160,000 VND |
One month gym membership
| 230,000 VND | 280,000 VND | 570,000 VND |
Cloths and accessories costs
Pair of jeans or pants
| 170,000 VND | 240,000 VND | 350,000 VND |
Woman dress
| 160,000 VND | 220,000 VND | 710,000 VND |
Woman shoes
| 150,000 VND | 200,000 VND | 470,000 VND |
Men's shoes
| 130,000 VND | 160,000 VND | 320,000 VND |
Men suit
| 140,000 VND | 180,000 VND | 950,000 VND |
Regular t-shirt
| 71,000 VND | 95,000 VND | 280,000 VND |
Housing costs / monthly rent
Studio apartment
| 2.4M VND | 3.5M VND | 9.5M VND |
1-bedroom apartment
| 3.5M VND | 5.7M VND | 14M VND |
2-bedroom apartment
| 4.7M VND | 7.1M VND | 19M VND |
Housing costs / Buying
Studio apartment
| 470M VND | 710M VND | 1,400M VND |
1-bedroom apartment
| 570M VND | 950M VND | 3,500M VND |
2-bedroom apartment
| 950M VND | 2,800M VND | 5,700M VND |
| $38,000 | $110,000 | $230,000 |
Furniture Costs
King Size Bed
| 3.1M VND | 3.9M VND | 5.2M VND |
Double Bed
| 2.1M VND | 3.1M VND | 3.9M VND |
Single Bed
| 1.8M VND | 2.4M VND | 3.1M VND |
Living Room
| 3.5M VND | 4.4M VND | 16M VND |
Dining Table
| 1.6M VND | 2.1M VND | 3.9M VND |
Sofa or Couch
| 2.1M VND | 2.8M VND | 6.2M VND |
Electronics and House Appliance Costs
TV Set
| 2.1M VND | 3.1M VND | 6.2M VND |
Fridge or Freezer
| 1.8M VND | 2.8M VND | 3.9M VND |
Washing Machine
| 2.4M VND | 3.5M VND | 6.2M VND |
Stove or Cooker
| 2.2M VND | 2.8M VND | 3.9M VND |
Mobile Phone
| 2.6M VND | 3.1M VND | 4.4M VND |
Laptop or Computer
| 2.8M VND | 3.5M VND | 6.2M VND |
How do students spend their money in Hai Phong?
We asked thousands of students about their spending habits and expenditure break down.
Housing and accomodation expenditure for students
Accomodation Cost18%
18% of total expenses on average (13% to 24%)
| LOW | $21 520,000 VND |
| AVERAGE | $140 3.4M VND |
| HIGH | $920 23M VND |
| Per Month |
Students in Hai Phong typically spend from 13% to 24% of their total monthly expenditure on housing with 18% being the average. The average monthly spend on housing is 3.4M VND with expenditure ranging from 520,000 VND to 23M VND. This cost mainly goes for rent but it also includes other accommodation-related expenses.
Electricity, utilities, energy, water, internet, and mobile expenditure for students
Cost of utilities6%
6% of total expenses on average (4% to 10%)
| LOW | $3.5 86,000 VND |
| AVERAGE | $23 570,000 VND |
| HIGH | $150 3.8M VND |
| Per Month |
Utility expenditure like electricity, water, and gas in Hai Phong ranges from 4% to 10% of total expenses with 6% being the average for most students. The average monthly cost of utilities is 570,000 VND with 86,000 VND and 3.8M VND being the upper and lower limits for a student of four.
Transport, fuel, and commute expenditure for students
Cost of transport and fuel4%
4% of total expenses on average (4% to 10%)
| LOW | $6.1 150,000 VND |
| AVERAGE | $40 1M VND |
| HIGH | $270 6.7M VND |
| Per Month |
Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 150,000 VND to 6.7M VND in a month on commuting with 1M VND being the norm for most students. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 4% or as high as 10%.
Food, groceries, and basic shopping expenditure for students
Food and Groceries Cost23%
23% of total expenses on average (17% to 27%)
| LOW | $17 430,000 VND |
| AVERAGE | $120 2.9M VND |
| HIGH | $770 19M VND |
| Per Month |
The average outlay on groceries and basic houshold items for a typical student in a month in Hai Phong is 2.9M VND. The cost of groceries can range between 430,000 VND to 19M VND. Students spend on average about 23% on food and groceries with upper and lower bounds of 17% and 27% respectively.
Healthcare and medical services expenditure for students
Cost of healthcare9%
9% of total expenses on average (6% to 12%)
| LOW | $5.2 130,000 VND |
| AVERAGE | $35 860,000 VND |
| HIGH | $230 5.7M VND |
| Per Month |
Students in Hai Phong allocate 6% to 12% 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 9%. The range of medical expenses range from 130,000 VND to 5.7M VND with 860,000 VND being the norm for most students.
Leisure and shopping expenditure for students
Cost of leisure and shopping3%
3% of total expenses on average (2% to 7%)
| LOW | $4.3 110,000 VND |
| AVERAGE | $29 720,000 VND |
| HIGH | $190 4.8M 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 110,000 VND to 4.8M VND with 720,000 VND being the average. Speaking of percentages, that equates to 2% to 7% of total expenses with an average of 3% for most students.
Education and schooling expenditure for students
Cost of education and schooling18%
18% of total expenses on average (11% to 23%)
| LOW | $17 410,000 VND |
| AVERAGE | $110 2.7M VND |
| HIGH | $730 18M VND |
| Per Month |
Spending on education can vary drastically between different students. On average, education constitutes 18% of the monthly expenditure of students with 11% and 23% being the lower and upper bounds respectively. The average reported education cost is 2.7M VND per month with 410,000 VND being the minimum spent amount and 18M VND being the maximum.
Other Expenses19%
19% of total expenses on average (13% to 25%)
| LOW | $13 320,000 VND |
| AVERAGE | $87 2.1M VND |
| HIGH | $580 14M VND |
| Per Month |
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.
Affordable living in Hai Phong
Income and cost of living compatibility
We asked students one simple question and recorded their answers.
Is it affordable or economical to live in Hai Phong?
Around 47% of surveyed students think that living in Hai Phong is affordable with proper budgeting while 53% reported that it is just too expensive and not affordable even with frugality and thriftness.
Low-cost alternatives in Hai Phong
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 students how easily cost-cutting is and the answers were distributed as follows:
Plenty of low-cost options50%
Few low-cost options50%
Based on the survey, 50% of the students living in Hai Phong have no problem finding low-cost alternatives to support a frugal lifestyle while 50% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.
Emergency Funds For Students
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 students of Hai Phong whether they have an emergency fund and the answers were as follows.
Yes43%
No58%
Based on the survey, 58% of the students living in Hai Phong said that they don't have an emergency fund while 43% said that they do.
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 student guardians and parents in Hai Phong 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 students 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%
Housing costs, accommodation, and housing affordability in Hai Phong
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Hai Phong
Monthly Rent Prices
Studio apartment monthly rent cost
| 2.4M VND | 3.5M VND | 9.5M VND |
1-bedroom apartment monthly rent cost
| 3.5M VND | 5.7M VND | 14M VND |
2-bedroom apartment monthly rent cost
| 4.7M VND | 7.1M VND | 19M VND |
3-bedroom apartment monthly rent cost
| 5.7M VND | 9.5M VND | 26M VND |
Furnished apartment monthly rent cost
Townhouse monthly rent cost
House monthly rent cost
Villa monthly rent cost
The monthly rental cost of a studio apartment in Hai Phong ranges between 2.4M VND and 9.5M VND, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 3.5M VND to 14M VND. Two-bedroom rentals rate ranges between 4.7M VND and 19M VND per month. The monthly rental for a three-bedroom apartment ranges from 5.7M VND to 26M VND. The average rent of a townhouse in Hai Phong is around 14M VND while house rental costs can be as high as 28M VND per month. Finally, if you want to rent a villa, expect to pay anywhere from 14M VND to 57M VND per month.
Apartment and house prices in Hai Phong
Cost of buying a property
Studio apartment price
| 470M VND | 710M VND | 1,400M VND |
1-bedroom apartment price
| 570M VND | 950M VND | 3,500M VND |
2-bedroom apartment price
| 950M VND | 2,800M VND | 5,700M VND |
| $38,000 | $110,000 | $230,000 |
3-bedroom apartment price
| 3,200M VND | 4,700M VND | 14,000M VND |
| $130,000 | $190,000 | $570,000 |
Townhouse price
| 4,100M VND | 9,500M VND | 35,000M VND |
House price
| 4,700M VND | 28,000M VND | 41,000M VND |
Villa price
| 5,700M VND | 32,000M VND | 47,000M VND |
The average price of a studio apartment in Hai Phong can range from 470M VND to 1,400M VND depending on location. One bedroom cost can be anywhere from 570M VND to 3,500M VND. A villa can cost you 32,000M VND on average with prices ranging from 5,700M VND to 47,000M VND.
If you're leasing or purchasing, housing costs in Hai Phong 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
| 29 | x83 monthly income | 182 |
Property prices in Hai Phong can be x83 to x182 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x83 multiples of the average monthly salary in Hai Phong.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Hai Phong is around 27%. This means that people pay 27% of their income for rent. Those figures can range from 18% to 37% 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
25% 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.
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.
| 43,000 VND | 560,000 VND | 5.6M VND |
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 Hai Phong
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Hai Phong
Utility Bill Cost / Electricity + Water + Gas / Student
| 86,000 VND | 570,000 VND | 3.8M VND |
Internet and cable cost
| 160,000 VND | 310,000 VND | 410,000 VND |
Mobile phone bill and charges
| 120,000 VND | 210,000 VND | 620,000 VND |
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 students is around 570,000 VND. The cost of internet and WiFi ranges from 160,000 VND to 410,000 VND with 310,000 VND being the average internet bill. Finally, the average monthly mobile charges is around 210,000 VND but can range between 120,000 VND and 620,000 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
The average utility-to-income ratio in Hai Phong is around 5.7%. This means that people pay 5.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.8% to 9.5% depending on salary and location.
Food Prices, Dining Expenses, and Grocery Costs in Hai Phong
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Hai Phong
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
| 31,000 VND | 62,000 VND | 100,000 VND |
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Hai Phong is approximatly 62,000 VND with meal cost ranging from 31,000 VND to 100,000 VND. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
| 99,000 VND | 150,000 VND | 300,000 VND |
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 99,000 VND and 300,000 VND with 150,000 VND being the average price of a plate for one person at a regular restaurant in Hai Phong.
Fine dining meal for one price
| 200,000 VND | 300,000 VND | 1.2M VND |
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 Hai Phong.
Beverage prices, cappuccino, latte etc..
| 26,000 VND | 41,000 VND | 62,000 VND |
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Hai Phong is around 41,000 VND. Price ranges between 26,000 VND and 62,000 VND depending on the type of beverage, the size, and optional add-ons.
Grocery and market costs
Large bottle of milk price
| 21,000 VND | 25,000 VND | 31,000 VND |
The average price of a large bottle of milk in Hai Phong is 25,000 VND. The maximum what you would pay for milk is 31,000 VND and the minimum being 21,000 VND depending on the brand of milk and other properties.
12 eggs price
| 16,000 VND | 21,000 VND | 31,000 VND |
A dozen eggs costs around 21,000 VND on average with 16,000 VND and 31,000 VND being the lower and upper limits respectively.
Fresh whole chicken price
| 35,000 VND | 46,000 VND | 65,000 VND |
The price range of a fresh whole chicken in Hai Phong is between 35,000 VND and 65,000 VND depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 46,000 VND.
Pack of beef price
| 41,000 VND | 62,000 VND | 120,000 VND |
The price of a regular pack of beef or meat is around 62,000 VND. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
| 17,000 VND | 23,000 VND | 32,000 VND |
A bag of rice in Hai Phong costs around 23,000 VND on average with prices rangeing between 17,000 VND and 32,000 VND depending on the brand and quality.
Bag of tomatos price
| 6,200 VND | 8,300 VND | 16,000 VND |
A bag of tomatoes costs anywhere from 6,200 VND to 16,000 VND. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
| 11,000 VND | 15,000 VND | 24,000 VND |
A bag of apples costs 15,000 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
The average grocery-to-income ratio in Hai Phong is around 26%. This means that students spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 31% depending on salary and location.
Expenditure on food and grocery for students
Students' spending on grocery ranges from 430,000 VND to 19M VND with the location, income, and size of the student being the most determinite factors.
