Viet Nam named among cheapest nations to live in Southeast Asia
|Viet Nam was named among the cheapest nations to live in Southeast Asia. (Photo: saigondautu.com.vn)|
The cost of living for a family of four in the country is estimated at be about 1,693 USD each month, while a single person’s estimated costs for a month are roughly 639 USD.
The cost of living has put Viet Nam in 138th position among the 197 most expensive countries in the world.
In Southeast Asia, Singapore has the highest cost of living, with a family of four estimated to have monthly costs reaching approximately 4,967 USD, followed by Brunei, Thailand, Myanmar, and Cambodia.
However, some countries which have a lower cost of living than Viet Nam, are Malaysia, the Philippines, and Indonesia.
Furthermore, the average monthly Vietnamese net salary after tax is enough to cover living expenses for 0.7 months.
Meanwhile, Singapore’s and Brunei’s average monthly net salary after tax is sufficient to cover living expenses for 1.8 months, the highest in the region, followed by Malaysia at 1.4 months and Thailand at 0.8 months.
Laos and Cambodia have the lowest average monthly net salary after tax to cover living expenses for 0.4 months.
LivingCost ranks countries and cities worldwide on many aspects of life, including cost of living, quality of life, traffic, and housing.