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When you visit a country, surely one of the things that interest you is the cost of living. If you want to make a trip to Vietnam, this article gives you very useful information on the cost of living in Vietnam.

 

According to Numbeo's ranking, a major website with global price data, Vietnam ranked 86th in the world and 6th in Southeast Asia for the cost of life.

 

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(Photo: Hanoi Voyages - When to go to Vietnam)

 

 

The cost-of-living index is calculated on the basis of a comparison with the cost of living in New York, United States. So the cost of living in New York City is 100 (100%).

 

If a city or another country has an index of 120, it means that the cost of living in this city or country is 20% more expensive than in New York. Similarly, if a zone has an index of 70, this means that the cost of living in this area is cheaper than in New York by 30%.The cost of living Vietnam in 2016 was 39.5 points. This figure increased by 2.36 points compared to 2015: Vietnam went from the 98th to the 86th place.

 

The cost of living Vietnam in 2016 was 39.5 points. This figure increased by 2.36 points compared to 2015: Vietnam went from the 98th to the 86th place.

 

Meanwhile, in Asia, Numbeo has studied 40 countries. Ranked as the country with the highest cost of living, Singapore was 83.67 points, followed by Kuwait with 81.62. Vietnam was ranked 27th.

 

Vietnam is part of the Southeast Asian countries which have an average cost of living, arriving at 6th out of 9. Laos is not listed in the Numbeo ranking. However, according to these data on the cost of living in Vietnam, most countries are more expensive.

 

Specifically, consumer prices in Laos are more expensive at 35.31%: rent plus 21.76%, restaurant prices plus 41.66%. However, the price of electricity and rents are higher in Vietnam (36.46% and 17.94% respectively).

 

Numbeo's results are based on data of nearly 2.5 million prices. So that you know the travel cost to Vietnam, please see the ranking of the index of the cost of living in 2016 for South Asia according to Numbeo:

1. Singapore - 83.67

 

2. Brunei - 51.93

 

3. Myanmar - 51.57

 

4. Cambodia - 47.29

 

5. Thailand - 40.02

 

6. Vietnam - 39.50

 

7. Malaysia - 37.47

 

8. Indonesia - 36.33

 

9. Philippines - 34.73


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