Last update: Oct 2026

Cost of Living Comparison Between Da Nang and Terrace

For one person, living is cheaper in Da Nang: $889 a month against $1,898 in Terrace, rent and utilities included – about $12,100 less a year. Rent and utilities account for about half of the difference.

42

Cost of Living Index in Da Nang
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Da Nang Living Index
91

Cost of Living Index in Terrace
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Terrace Living Index

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Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Terrace

🇨🇦 Canada

$1,898

/mo nomad

Monthly Cost of Living

How much you'll spend in Da Nang and in Terrace

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

A single person spends $889 per month in Da Nang vs $1,898 in Terrace, rent included.

Da Nang $889
Terrace $1,898

A couple spends around $1,426 per month in Da Nang vs $2,871 in Terrace, rent included.

Da Nang $1,426
Terrace $2,871

A family of three spends $1,963 per month in Da Nang vs $3,844 in Terrace, rent included.

Da Nang $1,963
Terrace $3,844

Da Nang is about 53% cheaper than Terrace, and outside of rent the biggest gap is in eating out.

Da Nang sits 35% below the global median, while Terrace is 39% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.17 ₫56.0K

$18.13 CA$25.33

-88.03%

Three-Course Dinner for Two, Mid-Range

$19.53 ₫504.0K

$79.4 CA$111

-75.41%

Fast Food Meal (McDonalds, etc)

$4.53 ₫117.0K

$11.12 CA$15.53

-59.26%

Cappuccino

$1.64 ₫42.4K

$3.62 CA$5.06

-54.70%

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

$0.60 ₫15.6K

$1.78 CA$2.49

-66.29%

Water (0.33 liter bottle)

$0.34 ₫8,901

$1.82 CA$2.55

-81.32%

Local Beer (0.5 liter draught)

$1.33 ₫34.4K

$5.02 CA$7.02

-73.51%

Imported Beer (0.33 liter bottle)

$2.36 ₫61.0K

$6.49 CA$9.07

-63.64%

Milk (1 liter)

$1.60 ₫41.2K

$2.30 CA$3.21

-30.43%

White Bread (500g)

$1.20 ₫31.0K

$2.59 CA$3.61

-53.67%

Rice (white) (1kg)

$1.05 ₫27.1K

$5.27 CA$7.36

-80.08%

Eggs

$1.52 ₫39.3K

$3.86 CA$5.39

-60.62%

Local Cheese (1kg)

$12.82 ₫330.7K

$8.97 CA$12.53

42.92%

Chicken Fillets (1kg)

$4.17 ₫107.5K

$15.74 CA$21.99

-73.51%

Beef Round Steak (1kg)

$9.33 ₫240.6K

$13.58 CA$18.97

-31.30%

Apples (1kg)

$2.60 ₫67.2K

$4.25 CA$5.94

-38.82%

Banana (1kg)

$1.21 ₫31.3K

$1.23 CA$1.72

-1.63%

Oranges (1kg)

$1.28 ₫33.1K

$3.11 CA$4.34

-58.84%

Tomato (1kg)

$1.57 ₫40.5K

$3.89 CA$5.44

-59.64%

Potato (1kg)

$1.20 ₫31.0K

$3.21 CA$4.48

-62.62%

Onion (1kg)

$1.31 ₫33.9K

$3.18 CA$4.44

-58.81%

Lettuce (1 head)

$1.04 ₫26.9K

$2.44 CA$3.41

-57.38%

Water (1.5 liter bottle)

$0.49 ₫12.7K

$1.04 CA$1.45

-52.88%

Cigarettes 20 Pack (Marlboro, Camel)

$1.51 ₫39.0K

$11.82 CA$16.52

-87.23%

Wine (Bottle)

$7.97 ₫205.6K

$13.39 CA$18.71

-40.48%

Local Beer (0.5 liter bottle)

$0.93 ₫24.0K

$2.11 CA$2.95

-55.92%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.3K

$1.90 CA$2.65

14.74%

One-way Ticket (Public Transport)

$0.30 ₫7,693

$1.40 CA$1.96

-78.57%

Public Transport Monthly Pass (Regular Price)

$6.31 ₫162.7K

$31.05 CA$43.38

-79.68%

Taxi Start (Normal Tariff)

$1.04 ₫26.8K

$3.10 CA$4.33

-66.45%

Taxi (Normal Tariff) (1km)

$0.57 ₫14.6K

$1.40 CA$1.96

-59.29%

Taxi 1hour Waiting (Normal Tariff)

$19.27 ₫497.1K

$20.14 CA$28.14

-4.32%

Gasoline (1 liter)

$0.91 ₫23.4K

$1.24 CA$1.73

-26.61%

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

$30.8K ₫795.4M

$28.5K CA$39.8K

8.24%

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

$28.4K ₫732.2M

$19.3K CA$27.0K

46.74%

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

$78.5 ₫2.0M

$95.4 CA$133

-17.71%

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

$6.35 ₫163.9K

$39.00 CA$54.5

-83.72%

Internet (50+ Mbps, Unlimited Data)

$8.33 ₫214.9K

$59.6 CA$83.2

-86.01%

Gym Membership (Monthly)

$27.08 ₫698.6K

$41.15 CA$57.5

-34.19%

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.2K

$18.60 CA$25.99

-71.40%

Cinema Ticket

$3.37 ₫86.8K

$8.99 CA$12.55

-62.51%

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

$423 ₫10.9M

$637 CA$890

-33.57%

International Primary School, 1 Child (Yearly)

$15.1K ₫389.5M

$12.6K CA$17.6K

20.17%

Jeans (Levis 501 Or Similar)

$45.19 ₫1.2M

$36.69 CA$51.3

23.17%

Summer Dress (H&M, Zara, etc)

$27.75 ₫716.1K

$30.69 CA$42.88

-9.58%

Sport Shoes (Adidas, Nike)

$101 ₫2.6M

$78.5 CA$110

28.29%

Men's Leather Business Shoes

$82.8 ₫2.1M

$104 CA$145

-20.07%

1-bedroom Apartment, City Center (Monthly)

$553 ₫14.3M

$1,013 CA$1,416

-45.41%

1-bedroom Apartment, Outside City Center (Monthly)

$369 ₫9.5M

$840 CA$1,174

-56.08%

3-bedroom Apartment, City Center (Monthly)

$1,228 ₫31.7M

$1,643 CA$2,296

-25.30%

3-bedroom Apartment, Outside City Center (Monthly)

$821 ₫21.2M

$1,319 CA$1,843

-37.76%

Buy Apartment in City Center (m2)

$3,858 ₫99.5M

$4,346 CA$6,072

-11.25%

Buy Apartment Outside City Center (m2)

$1,877 ₫48.4M

$3,250 CA$4,540

-42.24%

Average Monthly Net Salary (After Tax)

$362 ₫9.4M

$3,152 CA$4,404

-88.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

5.05

112.28%

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

Last update for Da Nang: October 25, 2026

Last update for Terrace: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Da Nang

$369 41.5%

Terrace

$840 44.3% 128% $471

Groceries & Markets

Da Nang

$200 22.5%

Terrace

$371 19.6% 85.7% $171

Clothing & Footwear

Da Nang

$115 13%

Terrace

$112 5.9% 2.7% $3.1

Monthly Utilities & Internet

Da Nang

$93 10.5%

Terrace

$194 10.2% 108% $101

Eating Out

Da Nang

$66 7.4%

Terrace

$274 14.5% 317% $209

Sport & Entertainment

Da Nang

$34 3.8%

Terrace

$59 3.1% 74.9% $25

Getting Around

Da Nang

$11 1.3%

Terrace

$47 2.5% 311% $35

Cost Breakdown

A central one-bedroom costs $553 in Da Nang versus $1,013 in Terrace. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Terrace are about 8.7 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20 in Da Nang versus $79 in Terrace. Monthly groceries follow the same trend: $200 vs $371 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇻🇳 Da Nang

🇨🇦 Terrace

🕒 Local time

14:03 2:03 PM

00:03 12:03 AM

14 h behind Da Nang

🌤 Weather

👥 Population

1,245,200

19,443

💱 Currency

Vietnamese Dong VND ₫

Canadian Dollar CAD $

📈 Exchange rate

100,000 VND = 3.88 USD

100,000 VND = 3.47 EUR

1 CAD = 0.716 USD

1 CAD = 0.641 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 November 2, 2026: 1 USD = 25,802 VND (100,000 VND = 3.88 USD). 1 EUR = 28,810 VND (100,000 VND = 3.47 EUR).

Canadian Dollar exchange rates as of November 2, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.56 CAD (1 CAD = 0.641 EUR).

USD to VND in detail →

On the map

Lowest

Highest

Between locations

Da Nang Terrace 10,520 km ≈ 14 h nonstop flight

From you

Da Nang
Terrace

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 Terrace: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $889 in Da Nang, $1,898 in Terrace – Da Nang comes out roughly 53% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $1,333 per month in Da Nang and $2,848 in Terrace. 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: a one-bedroom in the center costs $553 there versus $1,013 in Terrace.

Groceries cost about 86% more in Terrace, though the gap depends on what you buy.

A mid-range dinner for two costs $20 in Da Nang and $79 in Terrace. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Terrace at $1,898. In Da Nang it covers expenses comfortably, while in Terrace 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.

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