Cost of Living in Vietnam in 2024: How much does it cost to live as an expat in Vietnam?

What is the cost of living in Vietnam in 2024? How much does it cost for a foreign English teacher to live in Vietnam? How much money do I need to live comfortably in Vietnam?

These are the most common questions among foreigners when planning to start their teaching career in Vietnam. Living expenses vary and depend on locations, personal preferences, and lifestyle. So, let this article give you a general idea about the cost of living in Vietnam in 2024.

Urban Landscapes: Navigating the High-Life in Ho Chi Minh City and Hanoi

For those desiring metropolitan vibrancy, Ho Chi Minh City and Hanoi offer a dynamic backdrop, but their charm comes at a relative cost.

Accommodation: A one-bedroom apartment in these cities can range from $350 to $600, with expat-populated districts pushing the upper limit. Craving a rooftop pool and fancy gym? Be prepared to shell out closer to $1,000.

Food: Budget-conscious foodies rejoice! Local street food feasts can cost less than $2, while sit-down Western meals set you back around $10-$15. Coffee? More like 50 cents for a delicious ca phe sua da (iced coffee with condensed milk).

Transportation: Grab, Vietnam's most commonly used ride-hailing app, is your friend, with short trips as low as $2. Buses are even cheaper, but prepare for crowds during peak hours. Scooters? Tempting, but factor in helmet-buying, licenses, and potential traffic woes.

Big City Bonus: Museums, cultural shows, and nightlife experiences come at a premium, often double the price of smaller towns.

Total Monthly Budget: Expect to spend $800-$1,500 in big cities, depending on your lifestyle. Don't forget, unexpected visa renewals or medical bills can pop up, so add a wiggle room buffer.

Provincial Paradise: Cost-Effective Charm in Da Nang, Nha Trang, and Beyond

Trading skyscrapers for rolling hills and serene beaches? Vietnam's smaller towns offer a breath of fresh air and a lighter touch on your wallet.

Accommodation: Rent drops significantly, with charming beachside bungalows starting around $200. Craving modern amenities? You might find comfortable apartments for $300-$400.

Food: Street food magic continues, with delicious bun cha (grilled pork with noodles) for less than $1. Western cravings still exist, but expect prices to be slightly lower than big cities.

Transportation: Scooters reign supreme! Renting one for a month can be as low as $50, opening up scenic coastal rides and village explorations. Grab is still available, and local buses are even cheaper.

Provincial Perks: Day trips to historical sites, boat tours, and outdoor adventures are often a fraction of the cost in big cities.

Total Monthly Budget: Prepare to live comfortably on $500-$800 per month in smaller towns, leaving plenty for adventure and exploring authentic Vietnamese experiences.

Remember, these are just estimates: Your lifestyle, teaching schedule, and spending habits will ultimately determine your budget.Research specific costs based on your chosen city and desired lifestyle to craft a personalized budget. 

Pro-Tips for English Teachers:

• Learn basic Vietnamese: Bargaining at markets and ordering food becomes easier (and cheaper!).
• Embrace local transportation: Scooters are a fun and economical way to get around.
• Cook at home: Save on restaurant meals by stocking up at local markets.
• Befriend locals: They'll point you towards the best deals and hidden gems.
• Take advantage of free activities: Vietnam boasts stunning parks, temples, and beaches waiting to be explored, for free!