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Ho Chi Minh City vs Seoul

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 Seoul, KR at a glance — Seoul, KR is 86% more expensive than Ho Chi Minh City, VN overall. Median 1-bed rent runs about $900/mo versus $500/mo. Top income tax: 45% vs 35%.

$/ year

To keep the same standard of living in Seoul, KR, you'd need

$139,825 / year

Seoul, KR is 86% more expensive overall

Category breakdown (Seoul, KR vs Ho Chi Minh City, VN)

  • Housing+137%
  • Food & groceries+102%
  • Transport+57%
  • Utilities+45%
  • Healthcare+44%
  • Goods & services+73%

◎ How Ho Chi Minh City, VN and Seoul, KR compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Ho Chi Minh City, VNSeoul, KR

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

▤ Full comparison

Ho Chi Minh City, VNSeoul, KR
Cost of living
Overall cost index4584
Housing3890
Food4285
Transport3555
Utilities5580
Healthcare4565
Goods & services5595
Housing
Rent, 1-bed centre$500/mo$900/mo
Rent, 1-bed outside$320/mo$650/mo
Rent, 3-bed centre$1,000/mo$1,900/mo
Buy price / m² centre$3,500$12,000
Money & purchasing power
$1,000 goes as far as$2,217$1,189
Inexpensive meal$3$8
Monthly transit pass—$45
Taxes
Income tax (top rate)35%45%
VAT / sales tax10%10%
Corporate tax20%24%
Economy & salaries
Avg net salary$500/mo$2,500/mo
Avg annual wage (OECD, PPP)—$61,259✓
Minimum wage$200/mo$1,500/mo
GDP per capita$4,347✓$35,563✓
Inflation (annual)3.6%✓2.3%✓
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyModerateModerate
Coworking spaces4040
Time zoneUTC+7UTC+9
Quality of life
Quality of life (overall)4873
Safety index6078
Healthcare index5582
Pollution index6555
Internet speed90 Mbps220 Mbps
Walkability4075
Public transport3592
Family-friendly5568
Tap waterUse cautionSafe to drink
Life expectancy75 yr✓84 yr✓
LGBTQ+ acceptanceModerateLow
Climate
January avg+27 °C-2 °C
July avg+28 °C+25 °C
Sunny days / year220200
Rainfall / year1,900 mm1,400 mm
Connectivity
Flight to nearest hub2 h2 h

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

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

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

Ho Chi Minh CitySeoul
1-bed rent, city centre$500$900
1-bed rent, outside centre$320$650
Inexpensive meal$3$8
Utilities (monthly)$55$80

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 Seoul

A hyper-modern megacity with the world's best transit and internet, K-culture everywhere and remarkable safety. The costs are Western-tier, the work culture intense and the jeonse deposits huge — but a new workation visa is opening the door to nomads.

Currency
South Korean won (₩ KRW)
Languages
Korean
Time zone
UTC+9
Internet
220 Mbps
English
Fairly common
Safety
78/100
Climate
❄ -2°C · ☀ 25°C · 200 sunny days/yr
Tap water
Safe to drink
Power
C/F · 220V
Driving
Right-hand side
Popular areas
Gangnam · Itaewon · Hongdae · Seongsu

? Frequently asked questions

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

Moving from Ho Chi Minh City to Seoul, your cost of living will be roughly 86% more expensive. Seoul’s cost-of-living index is 84 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 Seoul?

Seoul is about 86% more expensive than Ho Chi Minh City overall — its cost-of-living index is 84 versus 45 for Ho Chi Minh City.

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

Seoul is more expensive than Ho Chi Minh City. Its cost-of-living index is 84 vs 45 (US = 100) — about 87% higher.

Is rent cheaper in Ho Chi Minh City or Seoul?

Rent is cheaper in Ho Chi Minh City — about $500/month for a one-bedroom in the city centre, vs $900 in Seoul.

How much do you need to earn in Seoul 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 $139,825 in Seoul. Enter your own figure in the calculator above.

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

Vietnam has the lower top income-tax rate — 35% versus 45% in South Korea.

◷ 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.