Cost of Living in Vietnam: A Guide on Expected Expenses for International Students

The beautiful country of Vietnam is known for its rivers, beaches, Buddhist pagodas and bustling cities. However, it is more than just a tourist attraction. The nation also attracts international students and expats due to its high education standards and thriving economy. If you are planning to move to Vietnam, make sure you know its living expenses. So, in this blog, we will discuss in detail the cost of living in Vietnam. You will learn about the various living expenses of the country, such as transportation costs, utility bills, grocery expenses, monthly rent, and more. So, let’s begin without wasting a second. 

Why Choose Vietnam to Study Abroad?

Before we show you the complete breakdown of the cost of living in Vietnam, let’s understand why you should study in the country in the first place. So, here are the major reasons why you should study in Vietnam:

World-Class Universities: Vietnam boasts world-class universities with international tie-ups, creating ample opportunities after finishing graduation.

Convenient Transport Facilities: Vietnam has a convenient transport system, allowing students to easily get around the country. 

Affordability: Vietnam also has an affordable cost of living, which allows students to live comfortably in the country without breaking the bank. 

Also Read: Cost of Living in Rotorua New Zealand: A 2024 Guide on Expected Expenses

Cost of Living in Vietnam

The estimated monthly cost of living for an individual in Vietnam is 11,524,878.2 ₫ without rent, while its is 40,612,607.2 ₫ for a family of four without rent. Let’s understand the cost of living in the country in complete detail.

Cost of Living in Vietnam: Transportation

The transportation costs in Vietnam are shown in the table given below: 

Price of a One-way Ticket for Local Transport	7,000.00 ₫
Regular Price of Monthly Pass	200,000.00 ₫
Cost of Taxi Start (Normal Tariff)	15,000.00 ₫
Cost of Taxi 1 km (Normal Tariff)	15,000.00 ₫
Cost of Taxi 1 hour Waiting (Normal Tariff)	90,000.00 ₫

Cost of Living in Vietnam: Grocery Expenses

The table below lists the average grocery prices in Vietnam:

Price of 1 litre Milk (regular)	36,535.87 ₫
Price of 1 kg Rice (white)	22,754.03 ₫
Price of Eggs (regular) (12)	40,046.79 ₫
Cost of Loaf of Fresh White Bread (500g)	24,857.96 ₫

Restaurant Costs

The table below shows the average restaurant costs you can expect to bear in the country:

Price of Meal at an Inexpensive Restaurant	50,000.00 ₫
Price of Meal for 2 People, Mid-range Restaurant, Three-course	500,000.00 ₫

Utility Costs

Here are the average utility costs in Vietnam:

Basic Utility Cost (Heating, Electricity, Cooling, Water, and Garbage) for 85m2 Apartment	1,617,194.01 ₫
Monthly Plan of Mobile Phone with Calls and 10GB+ Data	146,627.91 ₫
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	240,721.56 ₫

Housing Costs

Have a look at the housing expenses in the country: 

Monthly Rent for a 1-bedroom Apartment in the City Centre	8,810,219.50 ₫
Monthly Rent for a 1-bedroom Apartment Outside of the Centre	5,554,661.04 ₫
Monthly Rent for a 3-bedroom Apartment in the City Centre	19,729,450.67 ₫
Monthly Rent for a 3-bedroom Apartment Outside of the Centre	11,948,117.69 ₫
The price per Square Meter to Buy an Apartment in the City Centre	68,873,031.45 ₫
The Price per Square Meter to Buy an Apartment Outside of Centre	35,671,871.62 ₫

Also Read: Cost of Living in North Bay Ontario: A 2024 Guide on Expected Expenses

Cost of Living in Vietnam: Average Tuition Fees

Now that you know the cost of living in Vietnam, let’s look at its educational costs. See the table below to learn about the average tuition fees charged by the universities in Vietnam.

Average Annual Tuition Fees for Undergraduate Courses	24,650,031.18 ₫ to 986,001,247.29 ₫
Average Annual Tuition Fees for Postgraduate Courses	24,650,031.18 ₫ to 986,001,247.29 ₫
Average Annual Tuition Fees for PhD Courses	24,650,031.18 ₫ to 73,950,093.55 ₫

Things to Know When Moving to Vietnam

So, have you finally made up your mind to move to Vietnam? There are certain aspects of the country that you should know before moving there, which are as follows:

Variety of Transportation Options: Vietnam offers you a variety of affordable transportation options, such as trains, buses, Xe Om (a local transportation service using motorcycles), and air travel. 

Foreigner-Friendly: Vietnam is renowned as one of the most foreign-friendly countries in the world. So, it is an ideal destination for expats, students, and tourists. 

Amazing Delicacies: The culinary scene in the country is truly delightful for food enthusiasts. Vietnam boasts mouth-watering delicacies, such as Pho, Xoi (Sticky rice), Bun cha (Vietnamese grilled pork noodles), and Goi Cuon (Fresh spring rolls). 

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FAQs

So, this was all about the cost of living in Vietnam. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you plan to study abroad.