Thailand vs. Vietnam Cost of Living Comparison: Which is More Affordable?
Thailand and Vietnam are two of the most popular destinations in Southeast Asia, attracting tourists, expats, and businesses. When considering relocation or long-term stay, the cost of living is a crucial factor. In this article, we compare the costs of living in Thailand and Vietnam in detail to determine which country is more affordable.
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1. Overview of Cost of Living in Thailand and Vietnam
Cost of Living in Thailand
Thailand has a relatively high cost of living compared to other Southeast Asian countries. In major cities like Bangkok, expenses can be significantly higher, particularly in tourist areas and expat-friendly neighborhoods. However, living in suburban or rural areas can be more affordable.
2025 Average Cost Index:
- 1 Thai Baht ≈ 4.5 JPY (as of January 2025)
- Average Monthly Salary: 25,000–30,000 THB (approx. 112,500–135,000 JPY)
- Inflation Rate: Approx. 3.0%
Cost of Living in Vietnam
Vietnam has a lower cost of living than Thailand, with affordable housing and daily expenses. While cities like Ho Chi Minh City and Hanoi have seen rising prices, they remain cheaper overall compared to Bangkok.
2025 Average Cost Index:
- 1 Vietnamese Dong ≈ 0.0060 JPY (as of January 2025)
- Average Monthly Salary: 8,000,000–12,000,000 VND (approx. 48,000–72,000 JPY)
- Inflation Rate: Approx. 3.5%
2. Housing and Rent Comparison
| Category | Thailand (Bangkok) | Vietnam (Ho Chi Minh City) |
|---|---|---|
| 1BR Apartment (City Center) | 15,000–30,000 THB (67,500–135,000 JPY) | 8,000,000–12,000,000 VND (48,000–72,000 JPY) |
| 1BR Apartment (Suburbs) | 8,000–15,000 THB (36,000–67,500 JPY) | 5,000,000–8,000,000 VND (30,000–48,000 JPY) |
| Utilities (Monthly) | 2,000–3,500 THB (9,000–15,750 JPY) | 1,000,000–2,000,000 VND (6,000–12,000 JPY) |
Conclusion: Housing in Vietnam is 30–50% cheaper than in Thailand.
3. Food and Dining Costs
| Category | Thailand | Vietnam |
| Street Food | 50–100 THB (225–450 JPY) | 30,000–60,000 VND (180–360 JPY) |
| Mid-range Restaurant | 200–500 THB (900–2,250 JPY) | 100,000–300,000 VND (600–1,800 JPY) |
| Fine Dining | 1,000+ THB (4,500+ JPY) | 500,000+ VND (3,000+ JPY) |
| Grocery Costs (Monthly) | 5,000–8,000 THB (22,500–36,000 JPY) | 3,000,000–5,000,000 VND (18,000–30,000 JPY) |
Conclusion: Food in Vietnam is generally cheaper, but fine dining costs are similar in both countries.
4. Transportation and Essential Expenses
| Category | Thailand | Vietnam |
| Public Transport (Base Fare) | 20–40 THB (90–180 JPY) | 7,000–15,000 VND (42–90 JPY) |
| Taxi (Base Fare) | 35 THB (160 JPY) | 12,000 VND (72 JPY) |
| Gasoline (1L) | 40 THB (180 JPY) | 23,000 VND (138 JPY) |
| Mobile Phone Bill (Monthly) | 300–600 THB (1,350–2,700 JPY) | 150,000–300,000 VND (900–1,800 JPY) |
| Internet Bill (Monthly) | 600–1,200 THB (2,700–5,400 JPY) | 250,000–500,000 VND (1,500–3,000 JPY) |
Conclusion: Transportation and utilities are generally cheaper in Vietnam.
5. Conclusion: Which Country is Cheaper?
When comparing the cost of living between Thailand and Vietnam, Vietnam is overall the more affordable option.
✔ Housing costs in Vietnam are 30–50% lower than in Thailand.
✔ Food is slightly cheaper in Vietnam, except for fine dining.
✔ Public transport, fuel, and utilities are more affordable in Vietnam.
✔ Thailand offers better infrastructure and convenience at a slightly higher cost.
Final Verdict:
- If you prioritize affordability, Vietnam is the better option.
- If you prefer modern infrastructure and convenience, Thailand may be worth the extra cost.
For expats and long-term travelers, choosing the right destination depends on lifestyle preferences and budget considerations.
