Update: 10:08 | 22/01/2018
The cost of living in Vietnam’s commercial center Ho Chi Minh City is a bit more expensive than in the capital city of Hanoi.
Saigon is one of the cheapest cities to live in Southeast Asia. Photo by Nguyen Xuan Trang/2Saigon Photo Contest.
Good news for those who are planning a trip to Vietnam as the country’s two biggest cities, Hanoi and Ho Chi Minh City, just cracked into the top 10 cheapest cities in Southeast Asia for this year.
HCMC, the southern metropolis, took the 9th position when Hanoi secured the 7th spot, as shown in the Cost of Living Index 2018 conducted by Numbeo, the world’s largest database of user contributed data about cities and countries worldwide.
Valenzuela in the Philippines is the city with the lowest cost of living in the region. Aside from the two Vietnamese cities, the rest in the top ten are in the Philippines (PHL) and Indonesia (IDN).
Numbeo measures the cost of restaurants, house renting, groceries and the purchasing power to come up with the average index for the cost of living in each country.
The top five most expensive cities in Southeast Asia are Singapore, Bangkok of Thailand, Makati of the Philippines, Phuket of Thailand and Johor Bahru of Malaysia.
The country stood out as a low-cost travel destination in South Asia.
In February last year, Vietnam was ranked as one of the cheapest destinations by Forbes after the magazine interviewed 14 travel experts who made it their business to keep track of the best bargains around the world to make a list of the most affordable destinations to visit in 2017.
The country stood out as a low-cost travel destination in South Asia for affordable luxury resorts, healthy food at cheap prices and beautiful sights.
Three months later in May 2017, HCMC was named one of the most affordable cities for a couple's night out by Expatistan.com, a database that compiles the global cost of living.