| Category | Cost |
|---|---|
| Apartment Rentals (1 bedroom in City Center) | Approximately 5,000,000 VND to 7,000,000 VND per month |
| Apartment Rentals (1 bedroom Outside of City Center) | Approximately 3,000,000 VND to 5,000,000 VND per month |
| Apartment Purchase Price (City Center) | Approximately 30,000,000 VND to 40,000,000 VND per square meter |
| Apartment Purchase Price (Outside of City Center) | Approximately 15,000,000 VND to 25,000,000 VND per square meter |
| Transportation (Monthly Pass) | Approximately 200,000 VND to 300,000 VND |
| Transportation (Taxi, 1km) | Approximately 10,000 VND to 15,000 VND |
| Groceries (Milk, 1 liter) | Approximately 20,000 VND to 30,000 VND |
| Groceries (Bread, 500g) | Approximately 15,000 VND to 25,000 VND |
| Groceries (Rice, 1kg) | Approximately 20,000 VND to 30,000 VND |
| Restaurants (Meal at an Inexpensive Restaurant) | Approximately 50,000 VND to 100,000 VND |
| Restaurants (Meal for 2 People, Mid-range Restaurant, Three-course) | Approximately 300,000 VND to 500,000 VND |
| Utilities (Monthly for 1 person) | Approximately 1,000,000 VND to 1,500,000 VND |
| Private School Tuition (Preschool) | Approximately 10,000,000 VND to 15,000,000 VND per year |
| Private School Tuition (Elementary School) | Approximately 15,000,000 VND to 20,000,000 VND per year |
| Private School Tuition (Middle School) | Approximately 20,000,000 VND to 25,000,000 VND per year |
| Private School Tuition (High School) | Approximately 25,000,000 VND to 30,000,000 VND per year |
Monthly Budget for Retirees in Hai Phong
“The cost of living in Hai Phong is considered to be relatively low compared to other major cities in the world. Rent for a one-bedroom apartment in the city center is affordable, while outside the city center, it is even cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite low. Groceries are inexpensive, with local markets offering fresh produce, meat, and seafood at reasonable prices. Eating out at inexpensive restaurants or street food stalls is also very affordable. Transportation costs are low as well, with affordable public transportation options such as buses and taxis. Owning a car can be more expensive due to the cost of petrol and maintenance. Healthcare is also reasonably priced, especially in public hospitals. However, private healthcare can be more expensive. Overall, the cost of living in Hai Phong is manageable and affordable, making it an attractive place for both locals and expats,” said one expat living in Hai Phong.
Can I live in Hai Phong on $1,500 a month?
“I’ve been living in Hai Phong for a few years now and I can tell you that it’s definitely possible to live comfortably on $1,500 a month, even if you’re used to modern amenities. However, you’ll need to be smart about your spending and make some sacrifices. For instance, you might not be able to dine out at high-end restaurants every night or live in the most luxurious apartment, but you can still enjoy a good quality of life. In terms of accommodation, I’d recommend looking at neighborhoods like Le Chan and Ngo Quyen. These areas are quite affordable and still offer a decent standard of living. You can find a nice apartment for around $300 to $400 a month. On the other hand, neighborhoods like Hai An and Kien An are more upscale and therefore more expensive. You might want to avoid these if you’re trying to stick to your budget.Food is relatively cheap here, especially if you’re open to eating local cuisine. You can get a meal for as little as $1 to $2 at a street food stall. Western food is available but it’s more expensive, so you might want to limit how often you eat it. Transportation is also quite affordable. You can get around by motorbike, which is the most common mode of transport here. You can buy a used one for around $200 to $300. Alternatively, you can use Grab, which is like Uber and is quite cheap.As for utilities like electricity, water, and internet, you’re looking at around $50 to $100 a month, depending on your usage. The biggest sacrifice you’ll probably have to make is in terms of entertainment. High-end bars, clubs, and tourist attractions can be quite expensive. But there are plenty of affordable or even free things to do. For instance, you can explore the local markets, visit the city’s parks, or take a trip to the nearby beaches.In terms of healthcare, there are both public and private hospitals. The public ones are cheaper but the standard of care is not as high as in the private hospitals. If you have health insurance, this should cover most of your medical expenses.Overall, living in Hai Phong on $1,500 a month is doable, but it requires some adjustments and sacrifices. But in my experience, the cost of living is more than offset by the rich cultural experiences and the friendly local people,” commented an expat living in Hai Phong.
Can I live in Hai Phong on $3,500 a month?
“I’ve been living in Hai Phong for a few years now and I can tell you that living on $3,000 a month is not only possible, but you can live quite comfortably. The cost of living here is significantly lower than in many Western countries. For instance, you can rent a nice apartment in a good neighborhood for around $500 to $700 a month. If you’re looking for more affordable neighborhoods, I’d recommend areas like Kien An or Le Chan. They’re a bit further from the city center, but you can find apartments for as low as $300 a month. On the other hand, if you’re looking for more upscale neighborhoods, you might want to consider areas like Ngo Quyen or Hai An. However, keep in mind that rents in these areas can go up to $1,000 a month or more. When it comes to food, eating out is incredibly cheap. You can get a meal at a local restaurant for around $2 to $5. If you prefer cooking at home, groceries are also quite affordable. I usually spend around $200 a month on groceries. Utilities, including electricity, water, and internet, usually cost me around $100 a month. Transportation is also quite cheap. You can get around the city by taxi or Grab (the local equivalent of Uber) for a few dollars. If you prefer to drive, you can rent a motorbike for around $50 a month. As for entertainment, there are plenty of affordable options. You can go to the cinema for around $3, or enjoy a night out at a local bar for around $10. There are also plenty of parks, museums, and cultural sites to explore for free or for a small fee. However, there are a few sacrifices you might have to make. For instance, while healthcare in Vietnam is quite cheap, the quality of care can vary. You might want to consider getting health insurance that covers treatment in private hospitals or abroad. Also, while most people in the city center speak English, you might have a harder time communicating in the more rural areas. Overall, I’d say that living in Hai Phong on $3,000 a month is quite doable. You can enjoy a comfortable lifestyle without breaking the bank,” said one expat living in Hai Phong.
Can I live in Hai Phong on $5,000 a month?
“I’ve been living in Hai Phong for a few years now and I can tell you that living on $5,000 a month is not only possible, it’s actually quite comfortable. The cost of living here is significantly lower than in many Western countries. For instance, you can rent a nice apartment in a good neighborhood for around $500 to $700 a month. If you’re looking for more affordable neighborhoods, I’d recommend areas like Le Chan or Kien An. They’re a bit further from the city center, but you can find apartments for as low as $300 a month. On the other hand, if you’re looking for more upscale neighborhoods, you might want to consider areas like Ngo Quyen or Hai An. However, keep in mind that rents in these areas can go up to $1,000 a month or more. When it comes to food, eating out is incredibly cheap. You can get a meal at a local restaurant for around $2 to $3. If you prefer cooking at home, groceries are also quite affordable. I usually spend around $200 a month on groceries. Utilities, including electricity, water, and internet, usually cost me around $100 a month. Transportation is also quite cheap. You can get around the city by taxi for a few dollars, or you can rent a motorbike for around $50 a month. If you prefer to drive a car, you can rent one for around $300 a month. As for entertainment, there are plenty of affordable options. You can go to the cinema for around $3, or you can enjoy a night out at a local bar for around $10. There are also plenty of parks, museums, and cultural sites to visit, most of which are free or have a very low entrance fee. In terms of sacrifices, I’d say the biggest one is probably adjusting to the local culture and way of life. The pace of life here is slower than in many Western countries, and things don’t always work the way you’re used to. But once you get used to it, it’s actually quite refreshing. Overall, I’d say that living in Hai Phong on $5,000 a month is not only feasible, but also quite comfortable. You can enjoy a good standard of living without having to worry too much about your finances,” commented an expat living in Hai Phong.
