Cost of living in Hai Phong
Hai Phong, a major port city in Vietnam, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of expenses in Hai Phong, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $1.38 on average, with a range between $1.18 and $3.93.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $21.64, with prices ranging from $17.7 to $59.01.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.93, with a range between $3.74 and $5.9.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.59 to $1.97, imported beer $1.18 to $2.75, cappuccino $0.98 to $3.93, and Coke/Pepsi $0.35 to $0.79.
Grocery Prices
- Milk - Milk is priced between $1.14 and $3.89 per liter, averaging $1.39.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.35 and $1.97, with an average price of $0.6.
- Eggs (Dozen) - A dozen eggs range from $0.94 to $3.78, averaging $1.58.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.57 to $10.23 per kg, while oranges range from $0.87 to $3.93 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.59 and $2.75 per kg, and lettuce costs $0.31 to $1.57 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.39 and $0.43, with a monthly pass priced at $5.9.
- Fuel (Gasoline) - Gasoline is priced between $0.83 and $0.98 per liter.
- Taxi Fares - Taxi fares start at $0.63, with a cost of $0.59 to $1.22 per km and $2.56 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $196.7 to $708.12, averaging $363.9.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $118.02 to $472.08, averaging $249.15.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $275.38 to $2478.42, averaging $1049.07.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $196.7 to $1573.6, averaging $668.78.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1180.2.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $373.73 to $590.1, averaging $481.92.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $27.54 and $157.36, averaging $39.34.
- Internet - Internet services range from $7.87 to $15.74, with an average cost of $8.96.
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
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Salaries And Financing
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"Key Takeaways"
Hai Phong offers a relatively low cost of living compared to many Western cities, with affordable dining and transportation options.
Housing costs vary significantly depending on location, with city centre apartments being more expensive.
Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Hai Phong.
Conclusion
In conclusion, Hai Phong presents an attractive option for those seeking a cost-effective lifestyle in Vietnam. The city combines affordable living with the charm of a coastal environment.
Potential residents can enjoy low-cost dining and transportation, though housing prices can vary based on proximity to the city centre. Overall, Hai Phong is a city that balances affordability with quality of life.