Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Palma Soriano

For one person, living is cheaper in Da Nang: $866 a month against $1,565 in Palma Soriano, rent and utilities included – about $8,400 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
75

Cost of Living Index in Palma Soriano
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Palma Soriano Living Index

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Da Nang

🇻🇳 Vietnam

$866

/mo nomad

Palma Soriano

🇨🇺 Cuba

$1,565

/mo nomad

Monthly Cost of Living

How much you'll spend in Da Nang and in Palma Soriano

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 Palma Soriano actually costs, broken down by who's living it.

A single person spends $866 per month in Da Nang vs $1,565 in Palma Soriano, rent included.

Da Nang $866
Palma Soriano $1,565

A couple spends around $1,402 per month in Da Nang vs $1,874 in Palma Soriano, rent included.

Da Nang $1,402
Palma Soriano $1,874

A family of three spends $1,937 per month in Da Nang vs $2,183 in Palma Soriano, rent included.

Da Nang $1,937
Palma Soriano $2,183

Da Nang is about 45% cheaper than Palma Soriano, and outside of rent the biggest gap is in utilities.

Da Nang sits 36% below the global median, while Palma Soriano is 16% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.30 ₫59.7K

$4.86 CUP 117

-52.67%

Three-Course Dinner for Two, Mid-Range

$19.11 ₫494.6K

$24.89 CUP 597

-23.22%

Fast Food Meal (McDonalds, etc)

$4.54 ₫117.4K

$4.88 CUP 117

-6.97%

Cappuccino

$1.73 ₫44.7K

$3.16 CUP 75.7

-45.25%

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

$0.60 ₫15.5K

$1.26 CUP 30.25

-52.38%

Water (0.33 liter bottle)

$0.34 ₫8,807

$0.89 CUP 21.27

-61.80%

Local Beer (0.5 liter draught)

$1.38 ₫35.9K

$3.07 CUP 73.7

-55.05%

Imported Beer (0.33 liter bottle)

$2.35 ₫60.8K

$2.47 CUP 59.3

-4.86%

Milk (1 liter)

$1.59 ₫41.1K

$2.03 CUP 48.71

-21.67%

White Bread (500g)

$1.23 ₫31.7K

$1.47 CUP 35.25

-16.33%

Rice (white) (1kg)

$1.05 ₫27.1K

$1.01 CUP 24.31

3.96%

Eggs

$1.49 ₫38.5K

$1.22 CUP 29.17

22.13%

Local Cheese (1kg)

$13.26 ₫343.2K

$5.83 CUP 140

127.44%

Chicken Fillets (1kg)

$4.25 ₫110.1K

$6.08 CUP 146

-30.10%

Beef Round Steak (1kg)

$9.57 ₫247.8K

$11.21 CUP 269

-14.63%

Apples (1kg)

$2.64 ₫68.3K

$1.88 CUP 45.07

40.43%

Banana (1kg)

$1.20 ₫31.2K

$1.19 CUP 28.55

0.84%

Oranges (1kg)

$1.31 ₫34.0K

$1.46 CUP 34.96

-10.27%

Tomato (1kg)

$1.53 ₫39.5K

$1.53 CUP 36.71

Potato (1kg)

$1.14 ₫29.6K

$0.97 CUP 23.29

17.53%

Onion (1kg)

$1.31 ₫33.9K

$0.99 CUP 23.69

32.32%

Lettuce (1 head)

$1.03 ₫26.8K

$1.02 CUP 24.52

0.98%

Water (1.5 liter bottle)

$0.53 ₫13.7K

$1.12 CUP 26.84

-52.68%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.2K

$2.97 CUP 71.3

-49.16%

Wine (Bottle)

$7.54 ₫195.2K

$10.01 CUP 240

-24.68%

Local Beer (0.5 liter bottle)

$0.93 ₫24.2K

$3.03 CUP 72.8

-69.31%

Imported Beer (0.33 liter bottle)

$2.17 ₫56.2K

$1.98 CUP 47.48

9.60%

One-way Ticket (Public Transport)

$0.35 ₫8,963

$0.24 CUP 5.72

45.83%

Public Transport Monthly Pass (Regular Price)

$5.01 ₫129.6K

$30.36 CUP 729

-83.50%

Taxi Start (Normal Tariff)

$1.04 ₫26.9K

$1.84 CUP 44.14

-43.48%

Taxi (Normal Tariff) (1km)

$0.56 ₫14.5K

$0.34 CUP 8.05

64.71%

Taxi 1hour Waiting (Normal Tariff)

$19.19 ₫496.8K

$13.16 CUP 316

45.82%

Gasoline (1 liter)

$0.89 ₫23.1K

$1.18 CUP 28.34

-24.58%

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

$30.4K ₫788.3M

$65.4K CUP 1.6M

-53.44%

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

$28.1K ₫726.2M

$46.5K CUP 1.1M

-39.73%

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

$78.5 ₫2.0M

$55.8 CUP 1,340

40.70%

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

$6.17 ₫159.8K

$9.81 CUP 235

-37.10%

Internet (50+ Mbps, Unlimited Data)

$8.35 ₫216.1K

$145 CUP 3,484

-94.25%

Gym Membership (Monthly)

$25.33 ₫655.7K

$40.02 CUP 961

-36.71%

Tennis Court (1 Hour on Weekend)

$5.45 ₫141.0K

$9.83 CUP 236

-44.56%

Cinema Ticket

$3.29 ₫85.1K

$1.02 CUP 24.49

222.55%

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

$160 ₫4.2M

$100 CUP 2,403

60.28%

International Primary School, 1 Child (Yearly)

$14.9K ₫385.9M

$11.8K CUP 283.6K

26.18%

Jeans (Levis 501 Or Similar)

$44.73 ₫1.2M

$65.2 CUP 1,565

-31.41%

Summer Dress (H&M, Zara, etc)

$27.90 ₫722.2K

$34.94 CUP 838

-20.15%

Sport Shoes (Adidas, Nike)

$102 ₫2.6M

$85.5 CUP 2,051

19.54%

Men's Leather Business Shoes

$81.1 ₫2.1M

$111 CUP 2,660

-26.80%

1-bedroom Apartment, City Center (Monthly)

$532 ₫13.8M

$875 CUP 21.0K

-39.23%

1-bedroom Apartment, Outside City Center (Monthly)

$346 ₫9.0M

$807 CUP 19.4K

-57.14%

3-bedroom Apartment, City Center (Monthly)

$1,039 ₫26.9M

$757 CUP 18.2K

37.24%

3-bedroom Apartment, Outside City Center (Monthly)

$794 ₫20.6M

$656 CUP 15.7K

21.03%

Buy Apartment in City Center (m2)

$3,852 ₫99.7M

$322 CUP 7,725

1096.75%

Buy Apartment Outside City Center (m2)

$1,328 ₫34.4M

$324 CUP 7,785

309.36%

Average Monthly Net Salary (After Tax)

$354 ₫9.2M

$39.94 CUP 959

787.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

8.33

28.69%

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

Last update for Da Nang: October 20, 2026

Last update for Palma Soriano: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$346 39.9%

Palma Soriano

$807 51.6% 133% $461

Groceries & Markets

Da Nang

$202 23.3%

Palma Soriano

$217 13.9% 7.4% $15

Clothing & Footwear

Da Nang

$115 13.3%

Palma Soriano

$133 8.5% 15.8% $18

Monthly Utilities & Internet

Da Nang

$93 10.7%

Palma Soriano

$211 13.5% 127% $118

Eating Out

Da Nang

$68 7.9%

Palma Soriano

$120 7.7% 76.4% $52

Sport & Entertainment

Da Nang

$32 3.7%

Palma Soriano

$42 2.7% 31.8% $10

Getting Around

Da Nang

$10 1.2%

Palma Soriano

$35 2.2% 241% $25

Cost Breakdown

A central one-bedroom costs $532 in Da Nang versus $875 in Palma Soriano. 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 787% higher in Da Nang, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $19.00 in Da Nang versus $25.00 in Palma Soriano. Monthly groceries follow the same trend: $202 vs $217 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇨🇺 Palma Soriano

🕒 Local time

23:53 11:53 PM

12:53 12:53 PM

11 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

74,930

💱 Currency

Vietnamese Dong VND ₫

Cuban Peso CUP $

📈 Exchange rate

100,000 VND = 3.86 USD

100,000 VND = 3.44 EUR

100 CUP = 4.17 USD

100 CUP = 3.71 EUR

Exchange rates and currency converter

CUP, USD, EUR to VND – Vietnamese Dong Converter

🇺🇸 United States Dollar ($)

🇻🇳 Vietnamese Dong (₫)

Vietnamese Dong exchange rates as of October 24, 2026: 1 USD = 25,889 VND (100,000 VND = 3.86 USD). 1 EUR = 29,105 VND (100,000 VND = 3.44 EUR).

Cuban Peso exchange rates as of October 24, 2026: 1 USD = 24 CUP (100 CUP = 4.17 USD). 1 EUR = 26.98 CUP (100 CUP = 3.71 EUR).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Palma Soriano 15,950 km ≈ 20 h nonstop flight

From you

Da Nang
Palma Soriano

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 Palma Soriano: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $866 in Da Nang, $1,565 in Palma Soriano – roughly 81% apart. Outside of rent, the biggest gap is in utilities.

For a comfortable life, plan on about $1,300 per month in Da Nang and $2,348 in Palma Soriano. 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.

Groceries cost about 7% more in Palma Soriano, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $19.00 in Da Nang and $25.00 in Palma Soriano. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $866, than in Palma Soriano at $1,565. In Da Nang it covers expenses comfortably, while in Palma Soriano it requires careful planning or may not stretch far enough.

It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $866 in Da Nang to $1,565 in Palma Soriano. Climate, culture, job market, and personal taste all factor in.

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, Palma Soriano makes more sense. Both are solid long-term options with distinct trade-offs.