Ho Chi Minh City costs $18–30/day on a budget, $50–80 mid-range, and $200+ for luxury. It's one of Southeast Asia's best-value destinations in 2025.
Ho Chi Minh City (Saigon) is exceptional value — a budget traveller can eat, drink, and get around on $25/day. A pho bo from a street cart costs VND 40,000 (~$1.60); a Grab bike across the city costs VND 20,000 (~$0.80); a beer at a backpacker bar on Bui Vien costs VND 15,000 (~$0.60).
The Vietnamese dong (VND) deals in thousands — don't confuse VND 100,000 (~$4) with VND 100 (~$0.004). A helpful shorthand: remove three zeros and divide by 25 to convert to USD approximately. So VND 50,000 = $2. Carry small notes (VND 10,000–50,000) for street food vendors.
Is HCMC cheaper than Bangkok?
Comparable — both are excellent budget destinations. Street food in HCMC is marginally cheaper than Bangkok. Accommodation is similar. Bangkok has a better-developed backpacker party scene on Khao San Road; HCMC's Bui Vien Street is lively but smaller. Both are exceptional value versus any Western city.
What is the best neighbourhood to stay in HCMC?
District 1 (Ben Thanh area) for central access to major sights; District 3 for a more local feel with great street food; Binh Thanh for budget guesthouses. Avoid staying in District 7 (Phu My Hung) unless you prefer a sterile expat suburb with no atmosphere.
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Go prepared — know the fair price before you land
Check real taxi fares and local tipping customs for Ho Chi Minh City — so you never overpay on your first ride or leave an awkward tip.