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

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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. 

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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 Pie chart

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 Transport7,000.00 ₫
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 Restaurant50,000.00 ₫
Price of Meal for 2 People, Mid-range Restaurant, Three-course500,000.00 ₫

Utility Costs

Here are the average utility costs in Vietnam:

Basic Utility Cost (Heating, Electricity, Cooling, Water, and Garbage) for 85m2 Apartment1,617,194.01 ₫
Monthly Plan of Mobile Phone with Calls and 10GB+ Data146,627.91 ₫
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 Centre8,810,219.50 ₫
Monthly Rent for a 1-bedroom Apartment Outside of the Centre5,554,661.04 ₫
Monthly Rent for a 3-bedroom Apartment in the City Centre19,729,450.67 ₫
Monthly Rent for a 3-bedroom Apartment Outside of the Centre11,948,117.69 ₫
The price per Square Meter to Buy an Apartment in the City Centre68,873,031.45 ₫
The Price per Square Meter to Buy an Apartment Outside of Centre35,671,871.62 ₫

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 Courses24,650,031.18 ₫ to 986,001,247.29 ₫
Average Annual Tuition Fees for Postgraduate Courses24,650,031.18 ₫ to 986,001,247.29 ₫
Average Annual Tuition Fees for PhD Courses24,650,031.18 ₫ 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). 

Relevant Reads:

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A 2024 Guide to Cost of Living in Kitchener Canada for International StudentsCost of Living in Tula: A 2024 Guide on Expected Expenses
Cost of Living and Top Reasons to Live in Thames, NZCost of Living in Graz for International Students: A 2024 Guide

FAQs

Q.1 Is it expensive to live in Vietnam?

Answer: No, Vietnam is one of the most affordable countries in the world.

Q.2 Which city has best nightlife in Vietnam?

Answer: Some of the Vietnamese cities with a vibrant nightlife are:
1. Ho Chi Minh City
2. Ha Long Bay
3. Hanoi
4. Da Nang
5. Hoi An

Q.3 Is there good shopping in Vietnam?

Answer: Vietnam markets are the ideal place to completely embrace the beautifully blended traditional and modern local culture.

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

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