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Ho Chi Minh City vs Madrid

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

$/ year

To keep the same standard of living in Madrid, ES, you'd need

$171,248 / year

Madrid, ES is 128% more expensive overall

Category breakdown (Madrid, ES vs Ho Chi Minh City, VN)

  • Housing+216%
  • Food & groceries+138%
  • Transport+129%
  • Utilities+100%
  • Healthcare+78%
  • Goods & services+82%

Full comparison

Ho Chi Minh City, VNMadrid, ES
Cost of living
Overall cost index45103
Housing38120
Food42100
Transport3580
Utilities55110
Healthcare4580
Goods & services55100
Housing
Rent, 1-bed centre$500/mo$1,300/mo
Rent, 1-bed outside$320/mo$950/mo
Rent, 3-bed centre$1,000/mo$2,600/mo
Buy price / m² centre$3,500$6,000
Money & purchasing power
$1,000 goes as far as$2,217$971
Inexpensive meal$3$14
Monthly transit pass$60
Taxes
Income tax (top rate)35%47%
VAT / sales tax10%21%
Social security (employee)6.4%
Corporate tax20%25%
Capital gains28%
Economy & salaries
Avg net salary$500/mo$1,900/mo
Minimum wage$200/mo$1,300/mo
GDP per capita$4,347$38,627
Inflation (annual)3.6%2.7%
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyModerateLow
Coworking spaces4070
Time zoneUTC+7UTC+1
Quality of life
Safety index6062
Healthcare index5580
Pollution index6545
Internet speed90 Mbps200 Mbps
Walkability4088
Public transport3590
Family-friendly5568
Tap waterUse cautionSafe to drink
Life expectancy75 yr84 yr
LGBTQ+ acceptanceModerateHigh
Climate
January avg+27 °C+6 °C
July avg+28 °C+25 °C
Sunny days / year220250
Rainfall / year1,900 mm420 mm
Connectivity
Flight to nearest hub2 h1 h

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

Flying between Ho Chi Minh City, VN and Madrid, ES? Find cheap flightsSponsored

? Frequently asked questions

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

Moving from Ho Chi Minh City to Madrid, your cost of living will be roughly 128% more expensive. Madrid’s cost-of-living index is 103 versus 45 for Ho Chi Minh City (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Ho Chi Minh City cheaper than Madrid?

Madrid is about 128% more expensive than Ho Chi Minh City overall — its cost-of-living index is 103 versus 45 for Ho Chi Minh City.

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

To keep the same standard of living, a $75,000 salary in Ho Chi Minh City is worth about $171,248 in Madrid. Enter your own figure in the calculator above.

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

Vietnam has the lower top income-tax rate — 35% versus 47% in Spain.

More comparisons from Ho Chi Minh City

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