Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Bangkok

Thailand

COL index 35.8

vs
Ho Chi Minh City

Vietnam

COL index 30.8

Bangkok vs Ho Chi Minh City — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Ho Chi Minh City is 14.0% cheaper than Bangkok for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for salary
Better for cost
BangkokMetricHo Chi Minh CityΔ
35.8Cost of living index30.8-14.0%
€50,000Median gross salary€50,0000.0%
€47,500Net at €50,000 gross€43,700-8.0%
€680Rent — 1BR centre€540-20.6%
€1,032Monthly COL (single)€838-18.8%
€132,682PPP — net / COL€141,883+6.9%
5.0%Effective tax @ €50,00012.6%+152.0%
§ 02

Monthly expenses — paired

Bangkok Ho Chi Minh City
Rent — 1BR centre
Bangkok
€680
Ho Chi Minh City
€540
Groceries
Bangkok
€192
Ho Chi Minh City
€168
Utilities
Bangkok
€102
Ho Chi Minh City
€88
Transport
Bangkok
€22
Ho Chi Minh City
€14
Internet
Bangkok
€16
Ho Chi Minh City
€12
Gym
Bangkok
€20
Ho Chi Minh City
€16
§ 03

Salary equivalence

50,000 gross in Thailand = €3,958 net monthly.

To have the same purchasing power in Ho Chi Minh City, you would need roughly €46,757 gross in Vietnam (≈ €3,405 net monthly, adjusted for cost-of-living index).

€50,000
Bangkok
€47,500
Net annual · 5.0% effective
PPP-adjusted equivalent
€132,682
Ho Chi Minh City
€43,700
Net annual · 12.6% effective
PPP-adjusted equivalent
€141,883
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§ 04

Pros & cons

Bangkok
  • +Low overall cost of living (index 36)
  • +Favourable tax rate (5.0%)
Ho Chi Minh City
  • +Significantly cheaper rent (€540)
  • +Low overall cost of living (index 31)
  • +Favourable tax rate (12.6%)
§ 05

The verdict

Across the data, Bangkok delivers a higher take-home on a €50,000 gross salary; Ho Chi Minh City carries a lower cost-of-living index; Bangkok has the lighter effective tax burden; Ho Chi Minh City wins on purchasing power after costs are netted out. If purchasing power is your north star, Ho Chi Minh City edges it.

§ 06

Frequently asked

Is Bangkok cheaper than Ho Chi Minh City?+

Ho Chi Minh City is cheaper. Cost-of-living index: Bangkok 35.8, Ho Chi Minh City 30.8 — a 14.0% difference (Q1 2026).

What is the cost of living difference between Bangkok and Ho Chi Minh City?+

Bangkok sits at 35.8 on our COL index, Ho Chi Minh City at 30.8. That works out to roughly 14.0% — Ho Chi Minh City being the cheaper of the two.

Is Bangkok a good place to live compared to Ho Chi Minh City?+

It depends on priorities. Bangkok delivers €47,500 net on a €50,000 gross salary at a 5.0% effective tax rate. Ho Chi Minh City delivers €43,700 at 12.6%. Centre 1-bed rent: €680 vs €540.

How do salaries compare in Bangkok vs Ho Chi Minh City?+

On a €50,000 gross salary, take-home is €47,500/year (€3,958/month) in Bangkok and €43,700/year (€3,642/month) in Ho Chi Minh City.

Which city has lower taxes, Bangkok or Ho Chi Minh City?+

Thailand has the lower effective rate at €50,000: Thailand 5.0%, Vietnam 12.6%.

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