Ha Noi named costliest city in Viet Nam

Ha Noi was the most expensive city nationwide in 2021, according to the Spatial Cost of Living Index (SCOLI) compiled by the General Statistics Office.
Ha Noi named costliest city in Viet Nam
Ha Noi is named the costliest city in Viet Nam. (Photo: VNA)

The SCOLI is calculated based on a range of prices covering everything from food and beverages, tobacco and clothing through to electricity, medicine and entertainment.

The second place in the index went to Quang Ninh province in the north, while the third place belonged to the country's biggest metropolis, Ho Chi Minh City. The central coastal city of Da Nang, frequently hailed as the most liveable in Viet Nam, came fourth in terms of cost of living.

Compared to 2020, the rankings of the most expensive localities in 2021 have not changed much. However, the provinces in the northern midlands and mountains have lower prices than in the past due to increasingly convenient transport.

Provinces and cities under the direct management of the Government are more expensive than mountainous provinces, mainly in terms of housing rental, services and tourism entertainment.

Tra Vinh province is the locality with the lowest cost of living index in the country, equal to 87.61 percent of Ha Noi.

The average price of Tra Vinh province’s commodity groups compared to Ha Noi’s ranges from 76.58 percent to 99.63 percent in Ha Noi. The second lowest-priced locality in the country is Hau Giang.

Other affordable localities are Soc Trang (88.16 percent), Quang Tri (88.53 percent), Nam Dinh (88.92 percent), Gia Lai (89.04 percent), Tay Ninh (89 percent), Phu Tho (90.1 percent) and Vinh Long (90.41 percent).

TIN LIÊN QUAN
Ha Noi to reach COVID-19 peak in two weeks' time: city chair
Ha Noi considers Australia important, potential partner: city leader
Viet Nam’s banking sector named among fastest growing in the world
Cuc Phuong named Asia’s leading national park
Vietjet named in the world’s Top 10 safest low-cost airlines
(Source: VNA)

Relate News