Cost of living in Binh Duong (Bình Dương)
Binh Duong, located in Vietnam, is a rapidly developing area known for its industrial growth and vibrant community. Understanding the cost of living here is crucial for anyone considering moving to or investing in the region.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed decisions about living in Binh Duong.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $1.97 on average, with a range between $1.38 and $5.9.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $11.8, with prices ranging from $11.8 to $43.26.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.7, with a range between $3.5 and $5.9.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.59 to $2.75, imported beer $0.98 to $2.95, cappuccino $0.79 to $3.15, and Coke/Pepsi $0.39 to $0.98.
Grocery Prices
- Milk - Milk is priced between $1.18 and $3.93 per liter, averaging $1.49.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.39 and $1.77, with an average price of $0.81.
- Eggs (Dozen) - A dozen eggs range from $1.04 to $1.97, averaging $1.46.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.53 to $4.72 per kg, while oranges range from $0.47 to $2.83 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.79 and $1.97 per kg, and lettuce costs $0.59 to $1.57 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.24.
- Fuel (Gasoline) - Gasoline is priced between $0.83 and $1.1 per liter.
- Taxi Fares - Taxi fares start at $0.39, with a cost of $0.59 per km and $3.15 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $235.95 to $294.94, averaging $265.44.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $157.3 to $176.96, averaging $167.13.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $589.87 to $668.52, averaging $629.2.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $314.6 to $471.9, averaging $393.25.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1494.35 to $1769.62, averaging $1612.32.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $865.15 to $1179.75, averaging $970.02.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $39.32 and $125.35, averaging $39.32.
- Internet - Internet services range from $6.69 to $11.8, with an average cost of $6.69.
Cost of Living Rankings
The cost of living indices for Vietnam are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Vietnam, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Binh Duong offers a relatively low cost of living compared to many Western cities, with affordable dining and housing options.
Transportation costs are minimal, making it easy to navigate the city without a significant financial burden.
Grocery prices are competitive, with local produce and staples available at reasonable rates.
Conclusion
In conclusion, Binh Duong presents an attractive option for those seeking a cost-effective lifestyle in Vietnam. The city combines affordable housing, low transportation costs, and reasonably priced groceries, making it an ideal location for both expatriates and locals.
Whether you're planning to move for work or leisure, understanding the cost of living in Binh Duong will help you budget effectively and enjoy all that this vibrant city has to offer.