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Expat Exchange - Cost of Living in Quy Nhon 2024
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Cost of Living in Quy Nhon

By Joshua Wood, LPC

Universal Tax Professionals
Universal Tax Professionals

Summary: Understanding the the cost of living in Quy Nhon helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Apartment Rentals Rent for a one-bedroom apartment in the city center of Quy Nhon is around $200-300 per month. Rent for a three-bedroom apartment in the city center is around $400-500 per month. Rent for a one-bedroom apartment outside the city center is around $150-200 per month. Rent for a three-bedroom apartment outside the city center is around $250-350 per month.
Apartment Purchases The cost of purchasing an apartment in Quy Nhon is around $1,000-1,500 per square meter. The cost of purchasing a three-bedroom apartment in the city center is around $200,000-300,000.
Transportation The cost of public transportation in Quy Nhon is very affordable. A one-way ticket on the bus is around $0.30-0.50. A one-way ticket on the train is around $0.50-1.00. A taxi ride within the city center is around $2-3. A taxi ride outside the city center is around $3-5.
Groceries The cost of groceries in Quy Nhon is very affordable. A loaf of bread is around $0.50-1.00. A liter of milk is around $0.50-1.00. A kilogram of rice is around $1.00-2.00. A dozen eggs is around $1.00-2.00.
Restaurants The cost of eating out in Quy Nhon is very affordable. A meal at a local restaurant is around $2-3. A meal at a mid-range restaurant is around $5-7. A meal at a high-end restaurant is around $10-15.
Utilities The cost of utilities in Quy Nhon is very affordable. The cost of electricity is around $0.10-0.20 per kWh. The cost of water is around $0.50-1.00 per cubic meter. The cost of internet is around $10-15 per month.
Private School Tuition The cost of private school tuition in Quy Nhon is very affordable. The cost of preschool tuition is around $50-100 per month. The cost of elementary school tuition is around $100-200 per month. The cost of middle school tuition is around $150-250 per month. The cost of high school tuition is around $200-300 per month.

Monthly Budget for Retirees in Quy Nhon

"The cost of living in Quy Nhon is considered to be quite affordable compared to other cities in the country. Rent for a one-bedroom apartment in the city center is relatively low, 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. When it comes to groceries, local markets offer fresh produce at very reasonable prices. Eating out at inexpensive restaurants is also quite affordable, while a meal at a mid-range restaurant can be a bit more expensive. Transportation costs are also low, with affordable public transportation options and inexpensive gasoline prices for those who drive. Healthcare in Quy Nhon is also reasonably priced, with both public and private healthcare options available. Overall, the cost of living in Quy Nhon is low, making it an attractive place for both locals and expats," said one expat living in Quy Nhon.

Can I live in Quy Nhon on $1,500 a month?

"I've been living in Quy Nhon for a while 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 might have to make some sacrifices to make it work. For example, you might not be able to dine out at fancy restaurants or go on expensive trips every weekend. But overall, the cost of living in Quy Nhon is quite affordable, especially when compared to bigger cities like Ho Chi Minh City or Hanoi.When it comes to housing, you can find a decent apartment or house for rent in a nice neighborhood for around $300 to $500 a month. Some affordable neighborhoods to consider are Tran Hung Dao, Nguyen Hue, and Le Hong Phong. These areas are close to the city center and have a good mix of local and expat residents. On the other hand, you might want to avoid more expensive neighborhoods like An Duong Vuong or Tran Phu, as the rents there can be significantly higher.In terms of transportation, you can save money by using motorbikes or bicycles instead of cars. The cost of owning and maintaining a motorbike is much lower than a car, and it's also a more convenient way to get around the city. Plus, you'll get to experience the local way of life more closely.As for food, you can save a lot by eating at local markets and street food stalls instead of dining at fancy restaurants. The food in Quy Nhon is delicious and diverse, so you won't feel like you're missing out on anything. You can also shop for groceries at local markets and cook at home to save even more money.When it comes to entertainment and leisure activities, there are plenty of affordable options in Quy Nhon. You can enjoy the beautiful beaches, visit local parks, or explore the nearby countryside without spending a fortune. There are also plenty of affordable cafes and bars where you can hang out with friends and meet other expats.In conclusion, living comfortably on $1,500 a month in Quy Nhon is definitely achievable if you're willing to make some sacrifices and adapt to the local way of life. By choosing affordable neighborhoods, using cost-effective transportation, and enjoying local food and entertainment options, you can have a great experience in this beautiful coastal city," commented an expat living in Quy Nhon.

Can I live in Quy Nhon on $3,500 a month?

"I've been living in Quy Nhon for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, there might be some sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll need to find a place to live that's affordable but still offers the amenities you're used to. I'd recommend looking for an apartment in the neighborhoods of Tran Phu, Nguyen Hue, or Le Hong Phong. These areas are quite affordable, with rents ranging from $300 to $600 per month for a decent one or two-bedroom apartment. You might have to compromise on the size or the view, but you'll still be able to find a comfortable place to live.On the other hand, I'd avoid the more expensive neighborhoods like An Duong Vuong or Xuan Dieu, as rents there can go up to $1,000 per month or more for a similar apartment.When it comes to eating out, there are plenty of affordable local restaurants and street food vendors where you can enjoy delicious Vietnamese cuisine for just a few dollars per meal. However, if you're craving Western food, you might have to pay a bit more, as these restaurants tend to be pricier.Transportation is quite affordable in Quy Nhon, with motorbike rentals costing around $50 per month, and taxis being relatively cheap as well. However, if you're used to driving a car, you might have to sacrifice that luxury, as owning and maintaining a car in Vietnam can be quite expensive.As for entertainment and leisure activities, there are plenty of affordable options like visiting local markets, parks, and beaches. However, if you're into more high-end activities like golfing or fine dining, you might have to cut back on those to stay within your budget.In terms of healthcare, there are local hospitals and clinics available, but the quality of care might not be up to the standards you're used to. You might want to consider getting private health insurance and visiting international clinics for any serious medical issues.Overall, living in Quy Nhon on $3,000 a month is definitely doable, but you'll have to be mindful of your spending and be willing to make some sacrifices in terms of housing, transportation, and entertainment," said one expat living in Quy Nhon.

Can I live in Quy Nhon on $5,000 a month?

"I've been living in Quy Nhon for a while now, and I can confidently say that it's possible for an expat who is used to modern amenities to live comfortably on $5,000 a month. In fact, you might even find that you can save a significant portion of that income while still enjoying a high quality of life.One of the sacrifices you might have to make is adjusting to the local culture and way of life. This includes getting used to the local cuisine, which is delicious but might be different from what you're used to. You'll also need to adapt to the local customs and etiquette, as well as the language barrier if you don't speak Vietnamese.As for neighborhoods, I would recommend looking into the areas around the city center, such as Tran Hung Dao Street and Nguyen Hue Street. These areas are more modern and have a good mix of local and expat residents. You'll find plenty of restaurants, cafes, and shops catering to both locals and foreigners. The cost of living in these areas is quite affordable, with monthly rent for a one-bedroom apartment ranging from $300 to $500.On the other hand, I would avoid the more expensive neighborhoods like the beachfront areas, where the cost of living can be significantly higher. Rent for a one-bedroom apartment in these areas can go up to $1,000 or more per month. However, if you're willing to live a bit further from the beach, you can still find more affordable options.In terms of transportation, you might need to get used to riding a motorbike, as it's the most common mode of transportation in Vietnam. Alternatively, you can use Grab, which is similar to Uber and operates in Quy Nhon. Public transportation is also available, but it might not be as convenient as you're used to.Overall, living in Quy Nhon on $5,000 a month is definitely doable, and you'll likely be able to enjoy a comfortable lifestyle without making too many sacrifices. Just be prepared to adapt to the local culture and way of life, and you'll find that Quy Nhon can be a great place to live as an expat," commented an expat living in Quy Nhon.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.


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