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Ho Chi Minh City vs Minneapolis

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

Ho Chi Minh City, VN vs Minneapolis, MN at a glance — Minneapolis, MN is 131% more expensive than Ho Chi Minh City, VN overall. Median 1-bed rent runs about $1,450/mo versus $500/mo. Top income tax: 37% vs 35%.

$/ year

To keep the same standard of living in Minneapolis, MN, you'd need

$173,110 / year

Minneapolis, MN is 131% more expensive overall

Category breakdown (Minneapolis, MN vs Ho Chi Minh City, VN)

  • Housing+187%
  • Food & groceries+140%
  • Transport+194%
  • Utilities+75%
  • Healthcare+133%
  • Goods & services+87%

◎ How Ho Chi Minh City, VN and Minneapolis, MN compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Ho Chi Minh City, VNMinneapolis, MN

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

▤ Full comparison

Ho Chi Minh City, VNMinneapolis, MN
Cost of living
Overall cost index45104
Housing38109
Food42101
Transport35103
Utilities5596
Healthcare45105
Goods & services55103
Housing
Rent, 1-bed centre$500/mo$1,450/mo
Rent, 1-bed outside$320/mo$1,150/mo
Rent, 3-bed centre$1,000/mo$2,600/mo
Buy price / m² centre$3,500$3,800
Money & purchasing power
$1,000 goes as far as$2,217$960
Inexpensive meal$3$18
Monthly transit pass—$96
Taxes
Income tax (top rate)35%37%
VAT / sales tax10%0%
Social security (employee)—7.7%
Corporate tax20%21%
Capital gains—20%
Economy & salaries
Avg net salary$500/mo$4,300/mo
Avg annual wage (OECD, PPP)—$86,977✓
Minimum wage$200/mo$1,257/mo✓
GDP per capita$4,347✓$90,027✓
Inflation (annual)3.6%✓—
Work & digital nomad
Digital-nomad visaNoNo
English proficiencyModerateNative
Coworking spaces4040
Time zoneUTC+7UTC-6
Quality of life
Quality of life (overall)4865
Safety index6055
Healthcare index5582
Pollution index6535
Internet speed90 Mbps200 Mbps
Walkability4070
Public transport3558
Family-friendly5570
Tap waterUse cautionSafe to drink
Health insurance—$450/mo
Life expectancy75 yr✓79 yr✓
LGBTQ+ acceptanceModerateHigh
Climate
January avg+27 °C-8 °C
July avg+28 °C+23 °C
Sunny days / year220198
Rainfall / year1,900 mm800 mm
Connectivity
Flight to nearest hub2 h1.5 h

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

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

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

Ho Chi Minh CityMinneapolis
1-bed rent, city centre$500$1,450
1-bed rent, outside centre$320$1,150
Inexpensive meal$3$18
Utilities (monthly)$55$160

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

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

Good to know before you move to Minneapolis

High quality of life, strong jobs and lakes everywhere — winters are seriously cold.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-6
Internet
200 Mbps
English
Native language
Safety
55/100
Climate
❄ -8°C · ☀ 23°C · 198 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
North Loop · Uptown · Northeast

? Frequently asked questions

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

Moving from Ho Chi Minh City to Minneapolis, your cost of living will be roughly 131% more expensive. Minneapolis’s cost-of-living index is 104 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 Minneapolis?

Minneapolis is about 131% more expensive than Ho Chi Minh City overall — its cost-of-living index is 104 versus 45 for Ho Chi Minh City.

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

Minneapolis is more expensive than Ho Chi Minh City. Its cost-of-living index is 104 vs 45 (US = 100) — about 131% higher.

Is rent cheaper in Ho Chi Minh City or Minneapolis?

Rent is cheaper in Ho Chi Minh City — about $500/month for a one-bedroom in the city centre, vs $1,450 in Minneapolis.

How much do you need to earn in Minneapolis 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 $173,110 in Minneapolis. Enter your own figure in the calculator above.

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

Vietnam has the lower top income-tax rate — 35% versus 37% in United States.

◷ More comparisons from Ho Chi Minh City

How we calculate these figures →

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