How much does an apartment cost in Ho Chi Minh City?

How much does an apartment cost in Vietnam?

Cost of Living in Vietnam

Expense U.S. $
Apartment rental (one bedroom) $400 to $900
Electricity $60 to $80
Water $2
Cell phone with unlimited data $3

How much does it cost to live in Ho Chi Minh City?

Summary about cost of living in Ho Chi Minh City, Vietnam: Family of four estimated monthly costs are 1,697$ (38,674,746₫) without rent. A single person estimated monthly costs are 477$ (10,878,109₫) without rent. Ho Chi Minh City is 61.29% less expensive than New York (without rent).

What is a good salary in Ho Chi Minh?

According to a recent study by Vietnamworks, Ho Chi Minh City has the highest monthly average salary in Vietnam at US$ 456 (VND 10.37 million), 38 percent higher than the national average.

Can foreigners buy apartment in Vietnam?

The law on land ownership in Vietnam is valid for all types of property. A foreign owner can purchase an apartment, house, villa or land. Foreign individuals and foreign entities cannot hold more than 30% of the shares of a building or more than 250 properties in the same district.

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How much does rent cost in Vietnam?

Cost of Living in Vietnam: $700 to $1,400 per month

Expense Cost $USD
Rent (Western-style 1-bedroom) $400
Utilities (including fast wifi) $70
Transportation (motorbike + gas, or month of Grab motos) $60
Food (mix of local & international) $300

What is the average cost of a house in Vietnam?

Home prices in Vietnam are considered very affordable compared to other property hotspots favoured by Chinese such as Bangkok. A high-end property in central Ho Chi Minh City costs USD3,000 to USD 6,000 per square meter while its equivalent in Bangkok costs around USD7,000 to USD9,000 per square meter.

What is a good salary in Vietnam?

Wage and salary in Vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. The average wage per person in Vietnam is around 3.45 million VND ($150) a month and differentiated by many factors.

Average Salary.

Career Average monthly salary (VND/USD)
Real Estate 17 million VND ~ $720 US

What income is considered rich in Vietnam?

According to Knight Frank’s report, in order to be included in the 1% richest people in Vietnam, one needs to have assets worth at least US$160,000. For Monaco, which has the world’s densest population of super-rich, the entry point for the principality’s branch of the 1% club is US$7.9 million.

Is 3000 USD a good salary in Vietnam?

3,000 USD per month is plenty of money that will give you a comfortable life in Saigon so no worries. A nice 1-bedroom apartment will be around 600 usd and 2-bedromm will be around 1000 to 1200 usd depends. The rest is for food, dating and other small expenses.

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What is considered upper class in Vietnam?

As of 2016, Vietnam boasts the world’s fastest growing percentage of ultra-high-net-worth individuals, which they define as those having a net worth of at least USD 30 million.