Last update: Oct 2026

Cost of Living Comparison Between Terrace and Da Nang

For one person, living is cheaper in Da Nang: $863 a month against $1,887 in Terrace, rent and utilities included – about $12,300 less a year. Rent and utilities account for about half of the difference.

Terrace
🇨🇦 Canada
$1,887
/mo nomad
Da Nang
🇻🇳 Vietnam
$863
/mo nomad
Monthly Cost of Living

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

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

A single person spends $1,887 per month in Terrace vs $863 in Da Nang, rent included.

  • Terrace $1,887
  • Da Nang $863

A couple spends around $2,853 per month in Terrace vs $1,404 in Da Nang, rent included.

  • Terrace $2,853
  • Da Nang $1,404

A family of three spends $3,819 per month in Terrace vs $1,945 in Da Nang, rent included.

  • Terrace $3,819
  • Da Nang $1,945

Terrace costs about 119% more than Da Nang, and outside of rent the biggest gap is in eating out.

Terrace sits 40% above the global median, while Da Nang is 36% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Terrace
Da Nang
Difference
Meal at Budget Restaurant
$17.53 CA$24.78
$2.30 ₫59.4K
662.17%
Three-Course Dinner for Two, Mid-Range
$79.9 CA$113
$19.62 ₫508.0K
307.14%
Fast Food Meal (McDonalds, etc)
$9.87 CA$13.95
$4.60 ₫119.1K
114.57%
Cappuccino
$3.93 CA$5.55
$1.66 ₫43.0K
136.75%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.09 CA$2.95
$0.61 ₫15.7K
242.62%
Water (0.33 liter bottle)
$1.62 CA$2.29
$0.34 ₫8,877
376.47%
Local Beer (0.5 liter draught)
$5.19 CA$7.34
$1.34 ₫34.6K
287.31%
Imported Beer (0.33 liter bottle)
$6.15 CA$8.69
$2.36 ₫61.1K
160.59%
🛒 Groceries & Markets
Terrace
Da Nang
Difference
Milk (1 liter)
$2.25 CA$3.19
$1.60 ₫41.5K
40.62%
White Bread (500g)
$2.63 CA$3.72
$1.21 ₫31.3K
117.36%
Rice (white) (1kg)
$5.10 CA$7.21
$1.00 ₫25.9K
410.00%
Eggs
$3.60 CA$5.10
$1.51 ₫39.1K
138.41%
Local Cheese (1kg)
$8.81 CA$12.45
$12.90 ₫333.9K
-31.71%
Chicken Fillets (1kg)
$15.36 CA$21.71
$4.29 ₫111.1K
258.04%
Beef Round Steak (1kg)
$13.51 CA$19.10
$9.06 ₫234.6K
49.12%
Apples (1kg)
$4.06 CA$5.73
$2.73 ₫70.6K
48.72%
Banana (1kg)
$1.21 CA$1.72
$1.19 ₫30.8K
1.68%
Oranges (1kg)
$2.99 CA$4.23
$1.29 ₫33.4K
131.78%
Tomato (1kg)
$3.67 CA$5.20
$1.60 ₫41.3K
129.37%
Potato (1kg)
$3.14 CA$4.44
$1.18 ₫30.4K
166.10%
Onion (1kg)
$3.13 CA$4.43
$1.33 ₫34.3K
135.34%
Lettuce (1 head)
$2.37 CA$3.36
$1.01 ₫26.1K
134.65%
Water (1.5 liter bottle)
$1.01 CA$1.43
$0.53 ₫13.7K
90.57%
Cigarettes 20 Pack (Marlboro, Camel)
$11.27 CA$15.94
$1.56 ₫40.3K
622.44%
Wine (Bottle)
$13.44 CA$18.99
$7.93 ₫205.2K
69.48%
Local Beer (0.5 liter bottle)
$2.09 CA$2.96
$0.88 ₫22.9K
137.50%
Imported Beer (0.33 liter bottle)
$1.78 CA$2.52
$2.12 ₫54.9K
-16.04%
🚌 Getting Around
Terrace
Da Nang
Difference
One-way Ticket (Public Transport)
$1.38 CA$1.95
$0.32 ₫8,182
331.25%
Public Transport Monthly Pass (Regular Price)
$31.40 CA$44.40
$4.99 ₫129.3K
529.26%
Taxi Start (Normal Tariff)
$3.30 CA$4.66
$1.05 ₫27.1K
214.29%
Taxi (Normal Tariff) (1km)
$1.50 CA$2.12
$0.55 ₫14.3K
172.73%
Taxi 1hour Waiting (Normal Tariff)
$20.03 CA$28.31
$19.50 ₫504.8K
2.72%
Gasoline (1 liter)
$1.22 CA$1.72
$0.95 ₫24.5K
28.42%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.8K CA$39.3K
$30.9K ₫799.2M
-9.93%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$18.7K CA$26.5K
$28.0K ₫724.6M
-33.11%
🧾 Monthly Utilities & Internet
Terrace
Da Nang
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$93.2 CA$132
$76.6 ₫2.0M
21.76%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$38.92 CA$55.0
$6.47 ₫167.6K
501.55%
Internet (50+ Mbps, Unlimited Data)
$58.3 CA$82.5
$8.08 ₫209.1K
622.03%
🎉 Sport & Entertainment
Terrace
Da Nang
Difference
Gym Membership (Monthly)
$40.14 CA$56.7
$24.98 ₫646.6K
60.69%
Tennis Court (1 Hour on Weekend)
$16.45 CA$23.26
$5.35 ₫138.6K
207.48%
Cinema Ticket
$8.91 CA$12.60
$3.07 ₫79.4K
190.23%
🧸 Childcare & Education
Terrace
Da Nang
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$733 CA$1,037
$161 ₫4.2M
354.72%
International Primary School, 1 Child (Yearly)
$13.4K CA$18.9K
$15.2K ₫392.3M
-11.58%
👕👟 Clothing & Footwear
Terrace
Da Nang
Difference
Jeans (Levis 501 Or Similar)
$36.65 CA$51.8
$45.38 ₫1.2M
-19.24%
Summer Dress (H&M, Zara, etc)
$30.29 CA$42.82
$27.22 ₫704.7K
11.28%
Sport Shoes (Adidas, Nike)
$79.8 CA$113
$100 ₫2.6M
-20.30%
Men's Leather Business Shoes
$104 CA$147
$80.9 ₫2.1M
28.30%
🏠 Accommodation & Living
Terrace
Da Nang
Difference
1-bedroom Apartment, City Center (Monthly)
$992 CA$1,402
$529 ₫13.7M
87.46%
1-bedroom Apartment, Outside City Center (Monthly)
$845 CA$1,194
$349 ₫9.0M
142.04%
3-bedroom Apartment, City Center (Monthly)
$1,556 CA$2,200
$1,053 ₫27.3M
47.71%
3-bedroom Apartment, Outside City Center (Monthly)
$1,325 CA$1,874
$811 ₫21.0M
63.52%
Buy Apartment in City Center (m2)
$4,127 CA$5,835
$3,834 ₫99.3M
7.63%
Buy Apartment Outside City Center (m2)
$3,426 CA$4,843
$1,308 ₫33.9M
161.93%
💵 Salaries & Financials
Terrace
Da Nang
Difference
Average Monthly Net Salary (After Tax)
$3,096 CA$4,376
$363 ₫9.4M
751.93%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.05
10.72
-52.89%

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

Last update for Terrace: October 11, 2026

Last update for Da Nang: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Terrace
$845
Da Nang
$349 58.7% $496
Groceries & Markets
Terrace
$364
Da Nang
$201 44.9% $163
Eating Out
Terrace
$270
Da Nang
$67 75.1% $203
Monthly Utilities & Internet
Terrace
$191
Da Nang
$91 52.2% $99
Clothing & Footwear
Terrace
$113
Da Nang
$114 1.2% $1.4
Sport & Entertainment
Terrace
$58
Da Nang
$31 46.3% $27
Getting Around
Terrace
$48
Da Nang
$10 78.9% $38

Cost Breakdown

A central one-bedroom costs $992 in Terrace versus $529 in Da Nang. 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 752% higher in Terrace, 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 $80.0 in Terrace versus $20.00 in Da Nang. Monthly groceries follow the same trend: $364 vs $201 – making Da Nang the more affordable choice for daily food spending.

Good to know
🇨🇦 Terrace
🇻🇳 Da Nang
🕒 Local time
12:24 12:24 PM
02:24 2:24 AM
14 h ahead of Terrace
🌤 Weather
👥 Population
19,443
1,245,200
💱 Currency
Exchange rates and currency converter

VND, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Vietnamese Dong exchange rates as of October 19, 2026: 1 USD = 25,889 VND (100,000 VND = 3.86 USD). 1 EUR = 29,105 VND (100,000 VND = 3.44 EUR).

On the map
Between locations
  • Terrace Da Nang 10,520 km ≈ 14 h nonstop flight
From you
  • Terrace
  • Da Nang

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
Terrace vs Da Nang: Cost of Living - Frequently Asked Questions
How do living costs in Terrace and in Da Nang compare overall?
Monthly costs with rent: $1,887 in Terrace, $863 in Da Nang – roughly 119% apart. Outside of rent, the biggest gap is in eating out.
What salary covers living expenses in Terrace compared to Da Nang?
For a comfortable life, plan on about $2,831 per month in Terrace and $1,295 in Da Nang. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Terrace and Da Nang?
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.
Which city has cheaper grocery shopping?
Groceries cost about 81% more in Terrace, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Which city has cheaper restaurants?
A mid-range dinner for two costs $80.0 in Terrace and $20.00 in Da Nang. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city is more doable on $2,000 per month?
A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $863, than in Terrace at $1,887. In Da Nang it covers expenses comfortably, while in Terrace it requires careful planning or may not stretch far enough.
How does quality of life compare between Terrace and Da Nang?
It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $863 in Da Nang to $1,887 in Terrace. Climate, culture, job market, and personal taste all factor in.
Is Terrace or Da Nang safer for residents?
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.
How do I decide between Terrace and Da Nang?
If budget matters most, go with Da Nang. If higher salaries, better infrastructure, or specific career opportunities are the priority, Terrace makes more sense. Both are solid long-term options with distinct trade-offs.

Terrace vs other spots: cost of living compared

Similar cities

Show times on the 12-hour clock, temperatures in °F and distances in miles?