Cost of living in Quy Nhon City
Quy Nhon City, located in Vietnam, is a vibrant coastal city known for its beautiful beaches and rich cultural heritage. Understanding the cost of living in Quy Nhon is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of expenses in various categories, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
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 $1.77 and $5.9.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $13.77, with prices ranging from $7.87 to $19.67.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.33, with a range between $3.93 and $4.72.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.59 to $1.57, imported beer $1.18 to $1.57, cappuccino $0.59 to $1.97, and Coke/Pepsi $0.59 to $1.18.
Grocery Prices
- Milk - Milk is priced between $1.3 and $1.38 per liter, averaging $1.34.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.59 and $1.02, with an average price of $0.87.
- Eggs (Dozen) - A dozen eggs range from $1.42 to $1.89, averaging $1.57.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.75 to $3.54 per kg, while oranges average $0.79 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $0.98 per kg, and lettuce averages $0.79 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.39.
- Fuel (Gasoline) - Gasoline is priced between $0.94 and $1.18 per liter.
- Taxi Fares - Taxi fares start at $0.89, with a cost of $0.47 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $295.05 to $393.41, averaging $340.95.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $157.36 to $236.04, averaging $209.82.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $393.41 to $708.13, averaging $524.54.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $275.38 to $472.09, averaging $367.18.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $78.68 on average.
- Internet - Internet services range from $5.9 to $7.87, with an average cost of $6.88.
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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"Key Takeaways"
Quy Nhon City offers a relatively low cost of living compared to many other cities, making it an attractive option for those seeking affordability.
Dining out is particularly inexpensive, with a wide range of options from casual to mid-range restaurants.
Housing costs are affordable, especially outside the city centre, providing good value for money.
Transportation is economical, with low costs for public transport and fuel.
Conclusion
In conclusion, Quy Nhon City presents a cost-effective living environment with affordable housing, dining, and transportation options.
Whether you are planning to move or just visiting, understanding these costs can help you manage your budget effectively and enjoy what the city has to offer.