Is Binh Thanh Expensive?

Ho Chi Minh City, Vietnam

+2% vs Ho Chi Minh City avg

Living in Binh Thanh, Ho Chi Minh City

Binh Thanh is a moderately-priced area within Ho Chi Minh City, with a cost of living index of 26.9 — that is +2% compared to the Ho Chi Minh City average. It sits around the middle of the pack at #5 out of 19 neighborhoods. Estimated rent for a one-bedroom apartment here is around ₫12,750,000/month, compared to a range of ₫9,000,000 in Nha Be to ₫16,250,000 in District 1.

Monthly Budget Breakdown

For a typical resident of Binh Thanh, housing takes up roughly 38% of monthly expenses. Food and groceries account for about 18%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately ₫510,000,000 before tax.

Typical Salaries in Binh Thanh

Salaries in Binh Thanh reflect the local cost of living. Based on the neighborhood COLI of 26.9:

After tax and deductions of 27.8% in Vietnam, take-home pay for someone earning ₫510,000,000 would be roughly ₫368,220,000/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

26.9
COLI Index
1.02x
vs City Avg
₫12,750,000
Est. 1BR Rent
#5
of 19 Areas
27.8%
Total Deductions

Tax & Deductions in Binh Thanh

Estimated annual deductions on a ₫504,375,000 salary in Binh Thanh, Ho Chi Minh City (local employee).

Income Tax
17%
Social + Health + Unemployment
10.5%
Total Deductions: 27.8%
Est. Take-Home: ₫364,321,875/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Binh Thanh would need to be elsewhere:

City Currency Equivalent
New York USD $20,175
London GBP £17,362
Dubai AED AED 100,951

Other Neighborhoods in Ho Chi Minh City

Neighborhood COLI Multiplier vs Avg
District 1 34.3 1.30x +30%
District 2 (Thao Dien) 32.2 1.22x +22%
District 3 30.4 1.15x +15%
District 7 (Phu My Hung) 29.6 1.12x +12%
Phu Nhuan 25.1 0.95x -5%

View all 19 neighborhoods in Ho Chi Minh City →

Convert Your Salary

See exactly what you need to earn in Binh Thanh, Ho Chi Minh City to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Binh Thanh:

Núñez, Buenos Aires Olivos, Buenos Aires Ampelokipoi, Athens Prague 4 (Nusle), Prague Cikini, Jakarta Chalong, Phuket

Frequently Asked Questions

Is Binh Thanh expensive in Ho Chi Minh City?

Binh Thanh is near the city average for Ho Chi Minh City. Costs are about +2% vs the average, making it a mid-range neighborhood.

How does Binh Thanh compare to the Ho Chi Minh City average?

The cost of living in Binh Thanh is near the Ho Chi Minh City average. With a multiplier of 1.02x, everyday expenses including rent, food, and transportation are +2% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.