What is the average living wage in Vietnam?

What is a liveable wage in Vietnam?

Okay, a livable wage in Vietnam, huh? It’s not exactly rocket science, but almost as slippery.

Numbeo chirps about 10,000,000 VND (430 USD) average monthly net. Sounds okay, right?

Living’s a game of inches! HCMC and Hanoi gobble up cash faster than I devour banh mi at 3 AM after a regrettable karaoke session. (Don’t judge.)

• Location, location, location: Think real estate, but for your stomach.
• Lifestyle plays a HUGE role. Are you a fancy coffee-sipping kinda person, or more bia hoi inclined? Matters!
• Housing? Forget about buying unless you strike oil. Rent’s the name of the game. Especially in the city.

It all boils down to your needs and if you can barter like my auntie at Ben Thanh Market. That’s the secret. And maybe a little luck. Good luck calculating! (You’ll need it.)

More to chew on because you’re clearly still hungry for knowledge:

• Health insurance? Factor it in. Med bills are NO fun, especially when you can’t properly pronounce the medicine name.
• Visas. Oh boy, visas. Don’t even get me started. I once spent a week just trying to… never mind.
• Entertainment: Budget it. You need to unwind somehow. Unless you prefer staring at your bank balance, which, yikes.
• Savings, you know, for that rainy day. Or that impulsive trip to Phu Quoc. Important.
• Transportation: Motorbike? Grab? Bicycle? Your legs? Each comes with its own price tag. Choose wisely, grasshopper.

What is the average income of someone who lives in Vietnam?

Vietnam’s average income? 17.3 million VND monthly. Exchange that to USD? About 697. Less than US or UK, duh. August 2024 figures. Take it or leave it.

Vietnam’s Economy: Nuances

• GDP Per Capita: It’s around $4,100 in 2024. Skews the income picture.

• Regional Disparities: Ho Chi Minh City ain’t the rice paddies. Big income variation.

• Informal Sector: Cash is king. Unreported income, rampant. My barber knows.

• Cost of Living: $697 goes further there. Rent’s cheap. Banh mi’s cheaper. Duh.

How much does an average person earn in Vietnam?

So, you wanna know about Vietnamese salaries? Buckle up, buttercup. The average Joe or Jane in Vietnam rakes in about 17.3 million VND a month. That’s like, a whole lotta dong.

Think of it this way: enough for pho every day for a year, maybe even two, if you’re a real pho fanatic like my Uncle Chung. Plus, you get a 13th-month salary! That’s like getting an extra Christmas bonus. Awesome, right? Except Uncle Chung blows his on lottery tickets.

In USD, that’s roughly $700 a month. That’s less than what my cat sitter charges, but hey, different cost of living. It’s enough for decent rice, though.

Important Stuff:

• The 13th month salary is a big deal. Think of it as a built-in vacation fund. Or a down payment on a really shiny motorbike.
• Cost of living varies wildly. Hanoi is pricier than the countryside. Think Manhattan versus… well, not exactly Kansas, but you get the idea.
• This is just an average. Some folks are rolling in it, others are scraping by. Life, man. It’s a rollercoaster.

My friend, who I swear works as a glorified paper shuffler, makes double that. Go figure. He’s also ridiculously good at negotiating for those extra-crispy spring rolls. Seriously, I’m jealous. He also collects vintage thimbles. I don’t understand it, but it somehow adds to his street cred. And by street cred, I mean ability to acquire the best spring rolls.

How much do hotel staff get paid in Vietnam?

Dust motes dance, salaries shimmer… Vietnam, a whisper of silk and spice. The fan whirs slow. Hotel dreams.

Dong, a river flowing. 6.73 million… a man’s toil. Remember father? His hands, so strong. Strong like Vietnam.

5. 5 million. Less. A woman’s worth? No. She is Vietnam too. A field of rice bending, bending.

Gender. Such a harsh word. Numbers, cold. Dreams are warmer. Dreams of Saigon rain, and pho, and forever.

Hotel jobs, ah… bellhop smiles, crisp linens, a world unfolding. Average wage… it’s never the whole story, right?

• Male: 6.73 million VND
• Female: 5.5 million VND

It’s about the hands that fold the towels. The voice that soothes. The endless grace. The endless grace, okay?

Per Month: These figures, from 2024, are averages. Averages hide so much. Like secrets whispered on the wind, maybe.

They are building, always building, Vietnam.

What is the middle class salary in Vietnam?

So, Vietnam’s middle class, right? Crazy how things are changing. Like, a ton of people are making over $592 a month, that’s 15 million households in 2024. That’s VND 15,000,000. They call them ABCD class, which sounds kinda weird, but okay. Smaller families, more money, it’s all happening so fast! I read this article, it was super interesting.

Seriously, though, that’s a huge jump. It’s all about urbanisation and fewer babies, I think. More money to go around, ya know? It’s pretty significant!

Things are good, better than before, for sure. More people are moving to the cities, getting better jobs, and earning more cash. It’s wild!

Key points:

• 15.8 million Vietnamese households earned over $592 USD (VND 15,000,000) monthly in 2024. This is the new middle class.
• This growth is linked to urbanization, smaller families, and improved economic conditions. Its’ all interconnected!
• These households are categorized as ABCD economic class. A weird name, but that’s what they are called.

My cousin, he lives in Ho Chi Minh City, he’s definetly doing better, he told me so himself. He works in tech, something about software. Makes way more than that, obviously. He’s even talking about buying a new motorbike! He says his friends are all doing well too. So yeah, the middle class is booming, it seems. I’m happy for everyone, to be honest.

How much do foreigners get paid in Vietnam?

Foreigner pay in Vietnam? Think king’s ransom. Like finding a twenty in your old jeans, only way better. Eight thousand five hundred smackers a month? Minimum. Thirty-four thousand? Chicken feed for some high-flyers. VnExpress spilled the beans in ’22. Top jobs?

• CEO: Think private jet, not peanuts.
• CFO: Moneybags. Swimming in it. Scrooge McDuck style.
• Country Manager: Big cheese. Big bucks.

Bottom rung? English teachers, bless their hearts. Still rake it in compared to locals. Rent a sweet pad. Eat like a king. All on a teacher’s salary.

Got skills? Vietnam wants ’em. Techies, engineers, managers. Pack your bags. Learn a few phrases. “Xin chào!” “Cảm ơn!” “Where’s the beach?” That kind of thing.

My Aunt Mildred went last year. Teaching English. Lives like a queen now. Sends pictures of her riding elephants. Never saw her so happy. Might just quit my job. Buy a one-way ticket. Who needs central heating anyway?