Ho Chi Minh City was the costliest city in Vietnam in 2018, followed by Hanoi and Da Nang, according to the most recent published Spatial cost of living indices of the General Statistics Office of Vietnam. Spatial cost of living indices (SCOLI) measure the relative costs of living in different regions and communities. In order to rank costs of living in different localities in Vietnam, each locality’s cost was compared to that of Hanoi, considering the cost of living in the capital as 100 percent. As a result, Ho Chi Minh City's cost of living was 101.47 percent. While the prices of most goods were quite similar between Ho Chi Minh City and Hanoi, education seemed to be more expensive in the southern city as tuition fees of 11th graders at public schools and the fees of vocational schools were 14.46 percent higher than those in the capital city. Another significant difference was in the post and telecommunications sector where Ho Chi Minh City was 103.97 percent the price of that in Hanoi, especially among mobile phones and phone repair. Da Nang came as the third most expensive city, equal to 97.81 percent of Hanoi. While most sectors were purchased at similar prices, tuition charged by kindergartens and vocational schools was 25… Read full this story
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