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Cost of Living in Vietnam was CHEAP (Now it’s a TRAP?) | COFYT

7 months ago

Cost of Living in Vietnam was CHEAP (Now it’s a TRAP?)

worx88

Cost of Living in Vietnam was CHEAP (Now it’s a TRAP?)

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Cost of Living in Vietnam was CHEAP (Now it’s a TRAP?)

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At English-speaking clinics, a consultation costs approximately $80 USD. In Vietnamese public hospitals, a comparable consultation is around $15 USD, but with significantly less access to English and potentially crowded conditions. International hospitals offer consultations for about $66 USD, with private rooms costing $250-$350 per night.

About this Video

Video Title: Cost of Living in Vietnam was CHEAP (Now it’s a TRAP?)
Channel: Duong Global Business Consulting Group
Speakers: Ken Yung
Duration: 00:17:55

Introduction

This video explores the cost of living in Ho Chi Minh City, Vietnam in 2025, debunking common misconceptions about it being the cheapest place to live. Ken Yung, an international business immigration attorney, uses his 12 years of experience and personal financial data to present a realistic picture across various lifestyle tiers.

Key Takeaways

Three Lifestyle Tiers: The video analyzes living costs for three lifestyle tiers: Budget Nomad, Balance Expat, and Baller Executive, showcasing varying expenses for housing, food, and activities.
Rent Dominates: Rental costs significantly impact overall budget, with prices varying greatly depending on location and apartment type.
Hidden Costs Exist: Significant hidden costs, including healthcare, visas, and import taxes on luxury goods, are highlighted, affecting the overall cost of living.
$500/Month is Unrealistic: Living comfortably in Ho Chi Minh City on $500/month is deemed unrealistic for long-term stays due to housing and other expenses.
Vietnam Remains Affordable (But Not the Cheapest): While not the cheapest location as often portrayed, Vietnam remains relatively affordable compared to other international cities for many expats.