Vietnam
Compared with South Korea, using real observed prices.
Baseline: South Korea = 1×
Overall verdict
Vietnam is about 0.76×
South Korea.
Average across 5 categories, 6 items with data
The shape of prices (vs
South Korea = 1×)
How to read this
The centre line is South Korea. A bar running right means Vietnam is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
South Korea
South Korea = 1×
Vietnam is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Vietnam, iPhone (base model, base storage) costs 1.1× what it does in South Korea — but Gasoline 1L costs only 0.6×. Calling this country simply "expensive" hides a gap this wide.
Real prices. Real sources. Real dates.
-
iPhone (base model, base storage) 1 unit ×1.08
Vietnam ₩1,392,720 VND 24,999,000
South Korea ₩1,290,000 KRW 1,290,000
-
PC game (Cyberpunk 2077) 1 game ×0.84
Vietnam ₩55,154 VND 990,000
South Korea ₩66,000 KRW 66,000
-
Big Mac 1 burger ×0.77
Vietnam ₩4,252 VND 76,000
South Korea ₩5,500 KRW 5,500
-
Diesel 1L 1 L ×0.63
Vietnam ₩1,394 USD 0.895
South Korea ₩2,205 USD 1.415
-
Electricity 1kWh (household) 1 kWh ×0.61
Vietnam ₩117 USD 0.078
South Korea ₩191 USD 0.127
-
Gasoline 1L 1 L ×0.57
Vietnam ₩1,265 USD 0.812
South Korea ₩2,223 USD 1.427
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+10%
in VND
69000 → 76000
69000 → 76000
vs
At today's rateUsing today's exchange rate
+23%
in KRW
It rose 10% in local currency, but 23% in yours. Most of what you feel is the exchange rate, not Vietnam's inflation.