🇻🇳 Cost of Living in Vietnam - Prices & Budget Guide
Last updated: February 2026
Verified Facts
Official NameSocialist Republic of Vietnam
CapitalHanoi
Population101.3 million
Area331,212 km² (127,882 sq mi)
LanguagesVietnamese
CurrencyVietnamese đồng (₫)
TimezoneUTC+07:00
RegionAsia / South-Eastern Asia
Drives onRight
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$16,386 (2024)
Inflation Rate3.6% (2024)
Health Spend per Capita$197 (2023)
Out-of-Pocket Health Spend39.2% (2023)
Education Spend (% GDP)2.9% (2022)
Source: World Bank Open Data
The cost of living in Vietnam is generally affordable, with a daily budget of $20-50 USD for backpackers, $30-70 USD for mid-range travelers, and $50-100 USD for those seeking comfort.
Quick Facts
Cost LevelAffordable
Daily Budget (Backpacker)$20-50 USD
Daily Budget (Mid-Range)$30-70 USD
Daily Budget (Comfort)$50-100 USD
CurrencyVND
Tipping Customnot expected
How Expensive Is Vietnam?
Vietnam is considered one of the most affordable countries in Southeast Asia, with a cost of living that is significantly lower than its neighbors, such as Thailand and China. The country offers a unique blend of traditional culture, stunning natural beauty, and modern amenities, making it an attractive destination for tourists and expats alike. Compared to global averages, Vietnam is relatively cheap, with prices for accommodation, food, and transportation being significantly lower than in Western countries.
Overall, Vietnam is an excellent choice for travelers and expats looking for an affordable and exciting experience in Asia. The country's low cost of living, combined with its rich culture and stunning natural beauty, makes it an ideal destination for those seeking a unique and affordable experience.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$5-15
typical quality, shared or private rooms
Mid-Range Hotel
$20-40
what to expect, 3-star hotels with amenities
Luxury/Resort
$50-100
what to expect, 5-star hotels with high-end amenities
Apartment Rent (monthly)
$200-500
city center, 1-bedroom apartment
Apartment Rent (monthly)
$100-300
outside city center, 1-bedroom apartment
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$1-3
Casual Restaurant
$3-5
Mid-Range Restaurant (2 people)
$10-20
Fine Dining
$20-50
Beer (local)
$1-2
Coffee
$1-2
Water (1.5L bottle)
$0.50-1
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$0.20-0.50
Taxi (per km)
$0.50-1
Domestic flight
$20-50
Fuel (per liter)
$0.70-1
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
200
400
800
Food
150
300
500
Transport
50
100
200
Utilities
50
100
150
Entertainment
100
200
300
Total
600
1200
2100
Money-Saving Tips
Consider staying in a hostel or guesthouse instead of a hotel to save on accommodation costs.
Eat at local eateries or street food stalls to experience authentic Vietnamese cuisine at a lower cost.
Use public transportation or walk/bike instead of taking taxis to get around.
Avoid traveling during peak season (June to August) to save on accommodation and tour prices.
Learn some basic Vietnamese phrases to negotiate prices and interact with locals.
Consider buying a local SIM card or portable Wi-Fi hotspot to stay connected instead of relying on expensive international roaming charges.