Data last updated: August 2026

Madrid, SpainHo Chi Minh City, Vietnam

You would need around 70.8% less money in Ho Chi Minh City, Vietnam to maintain the same standard of living you have in Madrid, Spain.

Overall Cost of Living

70.8%

Ho Chi Minh City, Vietnam is cheaper than Madrid, Spain

1-Bed Rent (City Center)

City A1,596 USD
City B571 USD
Difference-64.2%

Groceries (Monthly)

City A288 USD
City B47 USD
Difference-83.7%

Average Net Salary

City A2,572 USD
City B501 USD
Difference-80.5%

Editorial Insight: Planning a move from Madrid, Spain to Ho Chi Minh City, Vietnam? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Ho Chi Minh City, Vietnam is 70.8% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Ho Chi Minh City, Vietnam's center costs around 571 USD, which is a staggering 64.2% less than in Madrid, Spain. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

Pro Tip:Since you'll be managing money across borders and currencies, we highly recommend setting up a borderless account like Wise (formerly TransferWise) before you move to avoid heavy bank exchange fees.Check out Wise

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Madrid, Spain and Ho Chi Minh City, Vietnam is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Ho Chi Minh City, Vietnam to maintain your current lifestyle in Madrid, Spain.

USD

You need in Ho Chi Minh City, Vietnam

752 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Madrid, Spain to Ho Chi Minh City, Vietnam and investing the 71% cost of living difference, you could reach FIRE 10.0 years earlier.

Budget Simulator

Instantly adapt your Madrid, Spain budget to local Ho Chi Minh City, Vietnam prices. We automatically adjust housing, groceries, and leisure categories.

Housing571 USD
Groceries47 USD
Utilities & Internet9 USD

Investment Planner

You save 1025 USD every month on rent alone by moving to Ho Chi Minh City, Vietnam.

Investing this rent difference in an S&P 500 index fund could grow to ~172,200 USD in 10 years.