Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Cold Lake

For one person, living is cheaper in Da Nang: $863 a month against $1,912 in Cold Lake, rent and utilities included – about $12,600 less a year. Rent and utilities account for most of the difference.

42

Cost of Living Index in Da Nang
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Da Nang Living Index
93

Cost of Living Index in Cold Lake
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Cold Lake Living Index

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Da Nang

🇻🇳 Vietnam

$863

/mo nomad

Cold Lake

🇨🇦 Canada

$1,912

/mo nomad

Monthly Cost of Living

How much you'll spend in Da Nang and in Cold Lake

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Da Nang and in Cold Lake actually costs, broken down by who's living it.

A single person spends $863 per month in Da Nang vs $1,912 in Cold Lake, rent included.

Da Nang $863
Cold Lake $1,912

A couple spends around $1,404 per month in Da Nang vs $2,791 in Cold Lake, rent included.

Da Nang $1,404
Cold Lake $2,791

A family of three spends $1,945 per month in Da Nang vs $3,670 in Cold Lake, rent included.

Da Nang $1,945
Cold Lake $3,670

Da Nang is about 55% cheaper than Cold Lake, and outside of rent the biggest gap is in eating out.

Da Nang sits 36% below the global median, while Cold Lake is 42% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.30 ₫59.4K

$19.96 CA$28.21

-88.48%

Three-Course Dinner for Two, Mid-Range

$19.62 ₫508.0K

$57.5 CA$81.2

-65.85%

Fast Food Meal (McDonalds, etc)

$4.60 ₫119.1K

$9.67 CA$13.68

-52.43%

Cappuccino

$1.66 ₫43.0K

$3.82 CA$5.40

-56.54%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.61 ₫15.7K

$2.26 CA$3.19

-73.01%

Water (0.33 liter bottle)

$0.34 ₫8,877

$1.42 CA$2.01

-76.06%

Local Beer (0.5 liter draught)

$1.34 ₫34.6K

$5.57 CA$7.87

-75.94%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.1K

$6.14 CA$8.68

-61.56%

Milk (1 liter)

$1.60 ₫41.5K

$1.16 CA$1.64

37.93%

White Bread (500g)

$1.21 ₫31.3K

$2.18 CA$3.09

-44.50%

Rice (white) (1kg)

$1.00 ₫25.9K

$2.87 CA$4.06

-65.16%

Eggs

$1.51 ₫39.1K

$3.07 CA$4.35

-50.81%

Local Cheese (1kg)

$12.90 ₫333.9K

$10.61 CA$14.99

21.58%

Chicken Fillets (1kg)

$4.29 ₫111.1K

$11.16 CA$15.77

-61.56%

Beef Round Steak (1kg)

$9.06 ₫234.6K

$18.77 CA$26.53

-51.73%

Apples (1kg)

$2.73 ₫70.6K

$3.50 CA$4.94

-22.00%

Banana (1kg)

$1.19 ₫30.8K

$1.16 CA$1.64

2.59%

Oranges (1kg)

$1.29 ₫33.4K

$2.81 CA$3.97

-54.09%

Tomato (1kg)

$1.60 ₫41.3K

$2.48 CA$3.50

-35.48%

Potato (1kg)

$1.18 ₫30.4K

$2.15 CA$3.04

-45.12%

Onion (1kg)

$1.33 ₫34.3K

$1.06 CA$1.50

25.47%

Lettuce (1 head)

$1.01 ₫26.1K

$2.33 CA$3.30

-56.65%

Water (1.5 liter bottle)

$0.53 ₫13.7K

$1.75 CA$2.48

-69.71%

Cigarettes 20 Pack (Marlboro, Camel)

$1.56 ₫40.3K

$11.94 CA$16.88

-86.93%

Wine (Bottle)

$7.93 ₫205.2K

$11.41 CA$16.14

-30.50%

Local Beer (0.5 liter bottle)

$0.88 ₫22.9K

$3.57 CA$5.05

-75.35%

Imported Beer (0.33 liter bottle)

$2.12 ₫54.9K

$2.85 CA$4.03

-25.61%

One-way Ticket (Public Transport)

$0.32 ₫8,182

Public Transport Monthly Pass (Regular Price)

$4.99 ₫129.3K

Taxi Start (Normal Tariff)

$1.05 ₫27.1K

$2.92 CA$4.13

-64.04%

Taxi (Normal Tariff) (1km)

$0.55 ₫14.3K

$1.38 CA$1.95

-60.14%

Taxi 1hour Waiting (Normal Tariff)

$19.50 ₫504.8K

$20.67 CA$29.22

-5.66%

Gasoline (1 liter)

$0.95 ₫24.5K

$1.03 CA$1.45

-7.77%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.9K ₫799.2M

$28.3K CA$40.0K

9.23%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$28.0K ₫724.6M

$19.4K CA$27.4K

44.40%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$76.6 ₫2.0M

$225 CA$318

-65.97%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$6.47 ₫167.6K

$43.04 CA$60.8

-84.97%

Internet (50+ Mbps, Unlimited Data)

$8.08 ₫209.1K

$54.3 CA$76.7

-85.11%

Gym Membership (Monthly)

$24.98 ₫646.6K

Tennis Court (1 Hour on Weekend)

$5.35 ₫138.6K

Cinema Ticket

$3.07 ₫79.4K

$12.61 CA$17.82

-75.65%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$161 ₫4.2M

$761 CA$1,075

-78.80%

International Primary School, 1 Child (Yearly)

$15.2K ₫392.3M

$9,434 CA$13.3K

60.63%

Jeans (Levis 501 Or Similar)

$45.38 ₫1.2M

$28.35 CA$40.08

60.07%

Summer Dress (H&M, Zara, etc)

$27.22 ₫704.7K

$35.05 CA$49.55

-22.34%

Sport Shoes (Adidas, Nike)

$100 ₫2.6M

$51.5 CA$72.8

94.43%

Men's Leather Business Shoes

$80.9 ₫2.1M

$85.9 CA$121

-5.82%

1-bedroom Apartment, City Center (Monthly)

$529 ₫13.7M

$860 CA$1,216

-38.50%

1-bedroom Apartment, Outside City Center (Monthly)

$349 ₫9.0M

$840 CA$1,188

-58.47%

3-bedroom Apartment, City Center (Monthly)

$1,053 ₫27.3M

$1,544 CA$2,183

-31.78%

3-bedroom Apartment, Outside City Center (Monthly)

$811 ₫21.0M

$1,397 CA$1,975

-41.99%

Buy Apartment in City Center (m2)

$3,834 ₫99.3M

Buy Apartment Outside City Center (m2)

$1,308 ₫33.9M

Average Monthly Net Salary (After Tax)

$363 ₫9.4M

$3,084 CA$4,359

-88.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

4.32

148.15%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Da Nang: October 12, 2026

Last update for Cold Lake: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Da Nang

$349 40.4%

Cold Lake

$840 44% 141% $491

Groceries & Markets

Da Nang

$201 23.2%

Cold Lake

$335 17.5% 66.8% $134

Clothing & Footwear

Da Nang

$114 13.2%

Cold Lake

$90 4.7% 20.8% $24

Monthly Utilities & Internet

Da Nang

$91 10.6%

Cold Lake

$322 16.9% 254% $231

Eating Out

Da Nang

$67 7.8%

Cold Lake

$289 15.1% 330% $222

Sport & Entertainment

Da Nang

$31 3.6%

Cold Lake

$25 * 1.3% 19% $5.9

Getting Around

Da Nang

$10 1.2%

Cold Lake

$9.8 * 0.5% 2.4% $0.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $529 in Da Nang versus $860 in Cold Lake. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 749% higher in Cold Lake, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20.00 in Da Nang versus $57.0 in Cold Lake. Monthly groceries follow the same trend: $201 vs $335 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇨🇦 Cold Lake

🕒 Local time

03:30 3:30 AM

14:30 2:30 PM

13 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

11,595

💱 Currency

Vietnamese Dong VND ₫

Canadian Dollar CAD $

📈 Exchange rate

100,000 VND = 3.86 USD

100,000 VND = 3.44 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to VND – Vietnamese Dong Converter

🇺🇸 United States Dollar ($)

🇻🇳 Vietnamese Dong (₫)

Vietnamese Dong exchange rates as of October 18, 2026: 1 USD = 25,889 VND (100,000 VND = 3.86 USD). 1 EUR = 29,105 VND (100,000 VND = 3.44 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Cold Lake 11,370 km ≈ 15 h nonstop flight

From you

Da Nang
Cold Lake

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Da Nang vs Cold Lake: Cost of Living - Frequently Asked Questions

Yes – Cold Lake is pricier by about 121%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,295 per month in Da Nang and $2,868 in Cold Lake. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Da Nang, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $863 in Da Nang and $1,912 in Cold Lake. That's a gap of about 121%.

Kindergarten costs $161 per month in Da Nang and $761 in Cold Lake. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $863, than in Cold Lake at $1,912. In Da Nang it covers expenses comfortably, while in Cold Lake it requires careful planning or may not stretch far enough.

Families tend to lean toward Da Nang – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Da Nang. If higher salaries, better infrastructure, or specific career opportunities are the priority, Cold Lake makes more sense. Both are solid long-term options with distinct trade-offs.