Cost of Living: Vietnam vs South Korea
Vietnam is 54% cheaper than South Korea overall. Detailed side-by-side rent, groceries, utilities and monthly budget for 2026.
The verdict: Vietnam wins on affordability
Vietnam is roughly 54% cheaper than South Korea on the combined COL+Rent index. On a moderate urban lifestyle, this translates to a difference of $868 per month, or about $10,416 per year.
Monthly Budget Comparison
Single-person urban lifestyle at three budget levels. All figures in USD.
| Budget level | Vietnam | South Korea | Difference |
|---|---|---|---|
Minimal Suburb rent, no dining out | $462 | $1,175 | Vietnam 61% less |
Sample City rent, ~15 restaurant meals/mo | $647 | $1,515 | Vietnam 57% less |
Comfortable City rent, dining out 25x/mo | $726 | $1,750 | Vietnam 59% 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 | Vietnam | South Korea |
|---|---|---|
Rent 1-bed, city centre | $365 | $685 |
Rent 1-bed, outside centre | $225 | $495 |
Groceries (monthly) | $175 | $480 |
Mid-range restaurant meal | $3 | $10 |
Transit pass (monthly) | $7 | $50 |
Basic utilities (85m²) | $55 | $150 |
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 Vietnam and South Korea to maintain the same lifestyle?
| US net salary | Needed in Vietnam | Needed in South Korea |
|---|---|---|
| $50,000/yr | $16,963 | $36,679 |
| $75,000/yr | $25,444 | $55,018 |
| $100,000/yr | $33,925 | $73,357 |
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 Vietnam
Full monthly budget & line-item costs for Vietnam only.
Cost of Living in South Korea
Full monthly budget & line-item costs for South Korea only.
Vietnam vs South Korea Salary
Side-by-side take-home pay at $50K–$200K with 2025 tax brackets.
Salary After Tax in Vietnam
Net take-home pay calculator for Vietnam.
Salary After Tax in South Korea
Net take-home pay calculator for South Korea.
All 40 Countries — Cost of Living
Sortable leaderboard, affordability tiers, and the salary-equivalence calculator.
Frequently Asked Questions: Vietnam vs South Korea
Is Vietnam cheaper than South Korea?
Vietnam is 54% cheaper than South Korea. The combined Cost of Living + Rent index (NYC = 100) is 19.1 for Vietnam vs 41.3 for South Korea. In practical terms, a $1,515/month lifestyle in South Korea can be matched for roughly $701/month in Vietnam.
What is the monthly budget difference between Vietnam and South Korea?
A moderate single-person urban budget costs around $647 in Vietnam versus $1,515 in South Korea — a difference of $868/month (57%). The gap grows for comfortable lifestyles: $726 vs $1,750.
How does rent compare in Vietnam vs South Korea?
A 1-bedroom apartment in a city centre costs $365/month in Vietnam and $685/month in South Korea. Outside the city centre, rent drops to $225 in Vietnam and $495 in South Korea. Rent typically represents 30–50% of a single person's monthly budget in both countries.
How much salary do I need to move from Vietnam to South Korea?
If you currently earn $75,000 net in Vietnam, you'd need roughly $162,173 net in South Korea to maintain the same lifestyle. If moving the other way (from South Korea to Vietnam on a $75,000 net salary), you'd need $34,685 net in Vietnam. 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: $175 in Vietnam vs $480 in South Korea. A mid-range restaurant meal costs $3 in Vietnam vs $10 in South Korea. Grocery prices tend to track closely with overall cost of living.