HCM City ranks second for lowest cost of living in Southeast Asia

VOV.VN - As the nation’s largest metropolis, Ho Chi Minh City has been ranked second in the list of the cheapest places to live throughout Southeast Asia, according to a report released by data aggregator iPrice Group.

The average monthly cost of living, including rent, food, transportation, and other utilities, for a single person in the southern city is VND18.8 million, equivalent to US$819, according to data compiled by iPrice across Southeast Asia’s six largest markets on the Numeo database.

Elsewhere in the region, Kuala Lumpur (Malaysia) comes in as the cheapest city with the monthly cost of living at VND18.2 million, equal to US$789.

Singapore is notable for having the most expensive cost of living at VND57 million, equivalent to US$2,467, followed by Bangkok (Thailand) at US$1,061, Manila (the Philippines) at US$1,046, and Jakarta at US$845.

This comes after Ho Chi Minh City also topped a list of the 10 most affordable destinations for American expatriates, with typical monthly costs of US$462.62 per person, according to an InterNations survey released last year.

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