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Budapest vs Ho Chi Minh City

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Budapest, HU vs Ho Chi Minh City, VN at a glance — Ho Chi Minh City, VN is 33% cheaper than Budapest, HU overall. Median 1-bed rent runs about $500/mo versus $700/mo. Top income tax: 35% vs 15%.

$/ year

To keep the same standard of living in Ho Chi Minh City, VN, you'd need

$50,204 / year

Ho Chi Minh City, VN is 33% cheaper overall

Category breakdown (Ho Chi Minh City, VN vs Budapest, HU)

  • Housing-42%
  • Food & groceries-38%
  • Transport-30%
  • Utilities-42%
  • Healthcare-18%
  • Goods & services-24%

◎ How Budapest, HU and Ho Chi Minh City, VN compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Budapest, HUHo Chi Minh City, VN

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Budapest, HUHo Chi Minh City, VN
Cost of living
Overall cost index6745
Housing6538
Food6842
Transport5035
Utilities9555
Healthcare5545
Goods & services7255
Housing
Rent, 1-bed centre$700/mo$500/mo
Rent, 1-bed outside$520/mo$320/mo
Rent, 3-bed centre$1,350/mo$1,000/mo
Buy price / m² centre$3,200$3,500
Money & purchasing power
$1,000 goes as far as$1,484$2,217
Inexpensive meal$8$3
Monthly transit pass$30—
Taxes
Income tax (top rate)15%35%
VAT / sales tax27%10%
Corporate tax9%20%
Economy & salaries
Avg net salary$900/mo$500/mo
Avg annual wage (OECD, PPP)$39,145✓—
Minimum wage$1,050/mo✓$200/mo
GDP per capita$23,320✓$4,347✓
Inflation (annual)3.7%✓3.6%✓
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyModerateModerate
Coworking spaces4040
Time zoneUTC+1UTC+7
Quality of life
Quality of life (overall)6748
Safety index7260
Healthcare index6055
Pollution index5065
Internet speed200 Mbps90 Mbps
Walkability8040
Public transport8235
Family-friendly6555
Tap waterSafe to drinkUse caution
Life expectancy77 yr✓75 yr✓
LGBTQ+ acceptanceLowModerate
Climate
January avg0 °C+27 °C
July avg+22 °C+28 °C
Sunny days / year200220
Rainfall / year520 mm1,900 mm
Connectivity
Flight to nearest hub1.5 h2 h

Taxes & Economy & salaries: Hungary vs Vietnam. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (OECD (PPP), Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Budapest vs Ho Chi Minh City — in your currency

BudapestHo Chi Minh City
1-bed rent, city centre$700$500
1-bed rent, outside centre$520$320
Inexpensive meal$8$3
Utilities (monthly)$190$55

Converted from USD at approximate rates (2026-09).

Good to know before you move to Budapest

Grand Habsburg boulevards, thermal baths and ruin bars split by the Danube — one of the EU's best-value capitals, with a flat 15% tax and the White Card pulling in a fast-growing nomad crowd.

Currency
Hungarian forint (Ft HUF)
Languages
Hungarian
Time zone
UTC+1
Internet
200 Mbps
English
Fairly common
Safety
72/100
Climate
❄ 0°C · ☀ 22°C · 200 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
District VII · District V · District XIII · Buda Hills

Good to know before you move to Ho Chi Minh City

Saigon runs on motorbikes, coffee and relentless energy — one of Asia's cheapest big cities, with a fast-growing nomad and startup scene in District 1 and Thao Dien. No dedicated visa yet, so most stay on rolling e-visas.

Currency
Vietnamese dong (₫ VND)
Languages
Vietnamese
Time zone
UTC+7
Internet
90 Mbps
English
Fairly common
Safety
60/100
Climate
❄ 27°C · ☀ 28°C · 220 sunny days/yr
Tap water
Bottled recommended
Power
A/C/F · 220V
Driving
Right-hand side
Popular areas
District 1 · Thao Dien · Binh Thanh · Phu Nhuan

? Frequently asked questions

Moving from Budapest to Ho Chi Minh City: cheaper or more expensive?

Moving from Budapest to Ho Chi Minh City, your cost of living will be roughly 33% cheaper. Ho Chi Minh City’s cost-of-living index is 45 versus 67 for Budapest (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Budapest cheaper than Ho Chi Minh City?

Ho Chi Minh City is about 33% cheaper than Budapest overall — its cost-of-living index is 45 versus 67 for Budapest.

Which is more expensive, Budapest or Ho Chi Minh City?

Budapest is more expensive than Ho Chi Minh City. Its cost-of-living index is 67 vs 45 (US = 100) — about 49% higher.

Is rent cheaper in Budapest or Ho Chi Minh City?

Rent is cheaper in Ho Chi Minh City — about $500/month for a one-bedroom in the city centre, vs $700 in Budapest.

How much do you need to earn in Ho Chi Minh City to live like in Budapest?

To keep the same standard of living, a $75,000 salary in Budapest is worth about $50,204 in Ho Chi Minh City. Enter your own figure in the calculator above.

Which has lower taxes, Budapest or Ho Chi Minh City?

Hungary has the lower top income-tax rate — 15% versus 35% in Vietnam.

◷ More comparisons from Budapest

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.