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Difference in cost of living between Tokyo and Ho Chi Minh City, Vietnam
Tokyo is the administrative, economic, and commercial center of Japan, and over the past few years, it has become a major city where real estate prices have grown remarkably due to favorable global economic trends and demand for the Olympic Games. And although Ho Chi Minh City is not the administrative center of Vietnam, as the center of the economy, huge amounts of money are invested not only in Japan but also from overseas, and real estate prices are growing remarkably like Tokyo. In this article, we would like to introduce the difference in living expenses between Tokyo and Ho Chi Minh City in Vietnam as useful information for those who will be stationed in Vietnam, those who are considering Ho Chi Minh City as one of their destinations, and investors. Let me introduce you.
Differences in living expenses between Tokyo and Ho Chi Minh ① [Food expenses for eating out]
Those of you who have been to Vietnam may already know that food costs in Ho Chi Minh City are much cheaper than in Tokyo. In Tokyo, if you go out to eat, you will need about 500 yen, no matter how cheap it is. On the other hand, the average per meal in Ho Chi Minh City is $1.46, less than ¥200. In Japan, you can find restaurants for around 300 yen, but the same is true in Ho Chi Minh City, where you can eat for less than a dollar.
For those who are currently living in Tokyo, moving to Ho Chi Minh City will save you half the cost of food. In addition, Vietnamese cuisine is a globally recognized cuisine and very delicious.
8 Recommended Gourmet Rankings Introduced by a real estate agent in Ho Chi Minh City!
Differences in living costs between Tokyo and Ho Chi Minh ② [Apartment rental market and rent]
In Ho Chi Minh City, as in Tokyo, when renting an apartment, the price is determined by the location and quality of the apartment. The average rent market price for a one-room apartment (25 square meters) in the 23 wards of Tokyo is about 80,000 yen. On the other hand, in Ho Chi Minh City, if you have a budget of 80,000 yen, you can rent a 1LDK of 50 square meters. In addition, in this class of apartments in Ho Chi Minh City, you can rent furnished apartments, and some apartments have pools and fitness gyms.
Click here for a list of rental condominiums in Ho Chi Minh City, in order of price (from 320 USD)
Ho Chi Minh rental Vinhomes Central Park Click here for a list of cheap order
Differences in living expenses between Tokyo and Ho Chi Minh ③ [Transportation means and transportation costs]
Currently, Ho Chi Minh City does not have a train or metro in the city. Ho Chi Minh City residents use motorcycles as a means of transportation, and it is so popular that each person owns one. Gasoline charges are US$0.81 per 1 gallon (4.5L), and gasoline is not taxed as high as in Japan. However, when buying a car, it is very expensive, and it is often more than double the price in Japan. Foreign residents often use taxis or the car sharing app Grab, and taxi fares are about 20 to 30% of those in Japan. I have lived in Hong Kong and mainland China/Shanghai so far, but I remember feeling that taxi fares are slightly cheaper than those in China.
Differences in cost of living between Tokyo and Ho Chi Minh City Summary
We introduced food expenses, rent, and transportation expenses necessary for living. The cost of living in Ho Chi Minh City is about half that of Tokyo, but there is no problem in living there. In Ho Chi Minh City, there are luxury brand shops, amusement parks, international schools, international medical institutions, foreign social circles, Japanese associations, multinational companies and Japanese companies, and everything you need for living. When you live abroad, you miss Japanese food and taste, but in Ho Chi Minh City, there are many Japanese restaurants, including the Japanese town on Le Thanh Ton Street (an area with izakayas and bars for Japanese people), and a comfortable life. can be sent.
If you are considering living in Ho Chi Minh City, or if you are an investor who likes Ho Chi Minh City and is considering investing in real estate in Ho Chi Minh City, we would appreciate it if you could contact Ho Chi Minh Suzuki Real Estate. .
Watami opens a Japanese restaurant in Ho Chi Minh City
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