Cost of Living: Mexico vs Vietnam
Mexico is 56% more expensive than Vietnam overall. Detailed side-by-side rent, groceries, utilities and monthly budget for 2026.
The verdict: Vietnam wins on affordability
Vietnam is roughly 56% cheaper than Mexico on the combined COL+Rent index. On a moderate urban lifestyle, this translates to a difference of $528 per month, or about $6,336 per year.
Monthly Budget Comparison
Single-person urban lifestyle at three budget levels. All figures in USD.
| Budget level | Mexico | Vietnam | Difference |
|---|---|---|---|
Minimal Suburb rent, no dining out | $775 | $462 | Vietnam 68% less |
Sample City rent, ~15 restaurant meals/mo | $1,175 | $647 | Vietnam 82% less |
Comfortable City rent, dining out 25x/mo | $1,336 | $726 | Vietnam 84% less |
Budgets include rent, groceries, utilities, transit pass, and a typical number of restaurant meals per tier.
Line-Item Cost Comparison
Every major monthly expense, side by side.
| Category | Mexico | Vietnam |
|---|---|---|
Rent 1-bed, city centre | $720 | $365 |
Rent 1-bed, outside centre | $470 | $225 |
Groceries (monthly) | $220 | $175 |
Mid-range restaurant meal | $10 | $3 |
Transit pass (monthly) | $25 | $7 |
Basic utilities (85m²) | $60 | $55 |
Index Breakdown (NYC = 100)
Individual sub-indices for each category. Lower = cheaper than New York City.
Salary Equivalents
Purchasing-power-adjusted: if you earn X net in the US, how much do you need in Mexico and Vietnam to maintain the same lifestyle?
| US net salary | Needed in Mexico | Needed in Vietnam |
|---|---|---|
| $50,000/yr | $26,465 | $16,963 |
| $75,000/yr | $39,698 | $25,444 |
| $100,000/yr | $52,931 | $33,925 |
NET (after-tax) purchasing-power equivalents. Gross salary targets depend on each country's tax regime — see the salary comparison page for full tax breakdowns.
Dig Deeper
Combine this cost comparison with tax and salary data for the complete picture.
Cost of Living in Mexico
Full monthly budget & line-item costs for Mexico only.
Cost of Living in Vietnam
Full monthly budget & line-item costs for Vietnam only.
Mexico vs Vietnam Salary
Side-by-side take-home pay at $50K–$200K with 2025 tax brackets.
Salary After Tax in Mexico
Net take-home pay calculator for Mexico.
Salary After Tax in Vietnam
Net take-home pay calculator for Vietnam.
All 40 Countries — Cost of Living
Sortable leaderboard, affordability tiers, and the salary-equivalence calculator.
Frequently Asked Questions: Mexico vs Vietnam
Is Mexico cheaper than Vietnam?
Mexico is 56% more expensive than Vietnam. The combined Cost of Living + Rent index (NYC = 100) is 29.8 for Mexico vs 19.1 for Vietnam. In practical terms, a $647/month lifestyle in Vietnam can be matched for roughly $1,009/month in Mexico.
What is the monthly budget difference between Mexico and Vietnam?
A moderate single-person urban budget costs around $1,175 in Mexico versus $647 in Vietnam — a difference of $528/month (82%). The gap grows for comfortable lifestyles: $1,336 vs $726.
How does rent compare in Mexico vs Vietnam?
A 1-bedroom apartment in a city centre costs $720/month in Mexico and $365/month in Vietnam. Outside the city centre, rent drops to $470 in Mexico and $225 in Vietnam. Rent typically represents 30–50% of a single person's monthly budget in both countries.
How much salary do I need to move from Mexico to Vietnam?
If you currently earn $75,000 net in Mexico, you'd need roughly $48,070 net in Vietnam to maintain the same lifestyle. If moving the other way (from Vietnam to Mexico on a $75,000 net salary), you'd need $117,016 net in Mexico. These are purchasing-power-adjusted amounts — your gross salary target will differ by tax regime.
Which country has higher groceries prices?
Monthly grocery basket for a single person: $220 in Mexico vs $175 in Vietnam. A mid-range restaurant meal costs $10 in Mexico vs $3 in Vietnam. Grocery prices tend to track closely with overall cost of living.