One of my wife’s college friends moved from the DC area to Vietnam temporarily and has something to say about Vietnamese currency. If you’ve visited southeast Asia, you’ll know how much your American dollar can get you. In the case of Heather, it’s made her into a millionaire.
Heather’s site is more of a personal blog, but this article really highlights the luxuries we have here in America, but also makes you question why things aren’t cheaper here. Here’s an example from her site:
- Meal bought on the street (popular for Vietnamese) ~20,000 VND ($1)
- Meal in a restaurant ~60,000 VND ($3)
- Fruit from the market (the 2 pomegranates, 2 oranges, and 1 bunch of bananas I just bought were a total of 30,000 VND, or $1.50)
- Taxi (to go 3-4 miles) ~40,000-60,000 VND ($2-3)
- Taxi with a broken meter that completely ripped me off 80,000 VND ($4)
- Cell phone (with service that should last the entire time I am here) 700,000 VND ($35)
- Cotton tank top 30,000 VND ($1.50)
- Rent 3,000,000 VND/month ($150/month)
- Gym membership 1,200,000 VND/month ($62/month) almost half the cost of my rent you can see there is little demand/competition in this market!
- Cost to stay for 1 night in a hostel ~100,000 VND ($5)
Have any of you visited (or lived in) southeast Asia? Were you born there and found it difficult to move to America?