Which country has the cheapest?

Vietnam Retains its Crown as the Most Budget-Friendly Destination for Expats

According to the latest 2024 Expat Insider survey, Vietnam has once again emerged as the most affordable country for expats worldwide. This remarkable accomplishment marks Vietnam’s fourth consecutive year of leading the affordability rankings.

The survey, conducted by InterNations, the leading global community for expats, assesses various aspects of expat life in 52 countries across the globe. Vietnam’s affordability prowess stems from its consistently low cost of living, which includes expenses such as housing, transportation, food, and entertainment.

In terms of accommodation, Vietnam offers highly competitive rental rates compared to other expat destinations. One-bedroom apartments in major cities like Ho Chi Minh City and Hanoi can be obtained for as low as $200 per month, while utilities such as electricity and water are also relatively inexpensive.

Transportation costs in Vietnam are equally reasonable. Public transportation, including buses and trains, is widely available and affordable. Taxis and ride-sharing services are also readily accessible and offer budget-friendly fares.

Food expenses are another major contributing factor to Vietnam’s affordability. Local markets and street vendors abound, providing delicious and inexpensive meals. A typical Vietnamese lunch consisting of a main dish and a drink can be purchased for as little as $2.

Moreover, entertainment and leisure activities in Vietnam are highly accessible and affordable. Cinemas, museums, and live music venues offer reasonable admission fees. Expats can also enjoy inexpensive outdoor activities, such as cycling or hiking, in Vietnam’s beautiful natural surroundings.

Vietnam’s affordability is not limited to major urban centers. Expats seeking a more relaxed lifestyle can find equally budget-friendly options in smaller cities and towns throughout the country. This affordability extends to essential services, such as healthcare and education, which are often provided at a fraction of the cost found in other expat destinations.

Overall, Vietnam’s affordability dominance reflects its commitment to providing expats with a comfortable and budget-conscious lifestyle. With its consistently low cost of living, Vietnam continues to attract expats seeking an affordable and enriching experience in Southeast Asia.