Mongolia vs Vietnam
Vietnam costs roughly 15% less than Mongolia. Use our tool below to personalize the estimate based on your income and lifestyle.
Vietnam is approximately 15% less expensive than Mongolia based on cost of living including rent. This makes Vietnam a more budget-friendly option for expats considering a move.
Vietnam has a FIRE Score of 100/100, indicating its suitability for financial independence and early retirement. The country's safety index is 59.2, suggesting moderate safety levels.
Recommended profile: Vietnam is ideal for GeoArbitragers and remote workers looking to maximize savings.
About Mongolia
Mongolia is best for FIRE & GeoArbitrage seekers due to its extremely low cost of living—a single person can live on $569.60 per month excluding rent, with a 1BR in the city center costing just $553.07. Its 10% flat income tax rate and 30.6 COL Index offer massive savings potential. However, the lack of a retirement or digital nomad visa, limited healthcare access make long-term residency difficult.
$1,877/mo
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About Vietnam
A 1BR near central Hanoi or Saigon runs $400.6, less than half typical US suburban rent, while monthly costs excluding rent sit near $430.8, meaning a couple can live comfortably around this budget level. Fast internet at 343.05 Mbps supports remote work, and safety metrics beat most Southeast Asian peers. The dealbreaker: a digital nomad visa exists (minimum $600/month remote-work-allowed income), but no retirement visa, so long-term legal residency stays messy regardless of your budget.
$2,169/mo
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Living Costs (excl. rent)
Rent Per Month
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Country Details →Battle of Lifestyles
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| Metric | Mongolia | Vietnam |
|---|---|---|
| Travel Advisory | Level 1: Normal Precautions | Level 1: Normal Precautions |
| Quality of Life Index | 97.6 +1.8 | 95.8 |
| Healthcare Index | 37.8 | 61.3 +23.5 |
| Safety Index | 56.3 | 59.2 +2.9 |
| Cost of Living Index | 30.6 | 26.6 +4.0 |
| Living Costs (Single, excl. rent) | $569.6 | $430.8 +138.8 |
| Living Costs (Family, excl. rent) | $2,100.9 | $1,554.9 +546 |
| 1BR Apartment (Center) | $553.07 | $400.6 +152.47 |
| 1BR Apartment (Outside) | $430.07 | $263.55 +166.52 |
| 3BR Apartment (Center) | $1,583.65 | $846.6 +737.05 |
| 3BR Apartment (Outside) | $1,002.99 | $547.09 +455.9 |
| Avg Internet Speed | 80.18 Mbps | 343.05 Mbps +262.9 |
Expat taxes filed by specialists
Greenback Expat Tax handles US taxes for Americans living in Vietnam. File confidently from abroad.
File your taxes →International health insurance from $45/mo
Get covered before you move to Vietnam. Genki Traveler offers insurance designed for nomads and expats.
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