Are you planning a trip to Vietnam? One of the common concerns for non-package tour travelers is budgeting for their journey. The good news is that Vietnam offers an affordable living and travel experience. In fact, a 5-star hotel in Ho Chi Minh City costs the same as a 2-star hotel in New York or Toronto. Keep in mind that cities like Hanoi and Ho Chi Minh City will be pricier compared to smaller cities like Hue or Hoi An, and much more expensive than rural areas.
Accommodation
The cost of accommodation in Vietnam depends on the level of luxury you desire. You can find a hostel dorm for as little as $5. On the other hand, a five-star resort in Hoi An, such as the world-famous Nam Hai, can go for as high as $600. Despite the variations in condition, in general, you can expect the standard to meet your expectations, offering good value for your money.

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Food
As the saying goes, “The cheaper the food, the better it is.” Street food is a cultural experience that you cannot afford to miss when visiting Vietnam. A bowl of Pho, which can serve as a complete meal, costs about 20,000 VND at a local place and 65,000 VND at an upscale restaurant. Set menus in high-end restaurants range from $15 to $30, depending on the venue and the chefs’ prestige. Budget travelers will be pleased to know that you can get by with just $10 a day for food.

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Transportation
Getting around in Vietnam is convenient with various transportation options. Within the cities, you can choose between taxis, motorbike taxis (xe oms), walking, or city buses. Taxis have varying meter rates but do not exceed 15,000 VND per kilometer (about 75 cents), making it the most expensive option. When traveling between cities or provinces, you can opt for airplanes, open tour buses, or trains. The flight from Hanoi to Ho Chi Minh City costs around $115 for a one-way ticket (you can haggle for the best deal). Buses and trains are approximately half the price.

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Museum Entrance Fees
Most museums and art galleries in Vietnam charge less than $2 for admission. Unfortunately, there are no student or senior discounts available. However, children under 12 can enter for free at certain sites.

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Entertainment
When it comes to entertainment, Vietnam offers affordable options. A luxurious 3D movie ticket will only cost you about $6, which is well below Western standards. The cost of music shows varies depending on the venue. A concert at the Hanoi Opera House can range from $10 to $30, while a show at a tea house will only require you to pay for drinks. If you plan on going out for the night, it’s advisable not to carry excessive amounts of money to avoid potential theft. Plus, a cocktail will not cost you more than $5.
Note: 1 USD = 23,600 VND (Approximately)

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Related Readings: What $1 can buy in Vietnam
Remember to plan your budget accordingly and enjoy all the incredible experiences that Vietnam has to offer!