Vinh Long identified as Vietnam's province with lowest cost of living

Vinh Long has been identified as the province with the lowest cost of living in Vietnam, according to the latest Spatial Cost of Living Index (SCOLI) released by the General Statistics Office. The province's 2025 SCOLI stands at 91.47% of Hanoi's level.

Located in the Mekong Delta, Vinh Long benefits from strong agricultural and aquaculture production, providing an abundant supply of food and essential goods that keeps prices low. Other factors contributing to the low cost of living include moderate commercial and service development and stable consumer demand. Key low-cost sectors include food, clothing, housing, utilities, transportation, and education services.

Other provinces with low SCOLI rankings include Gia Lai (92.62%), Ca Mau (92.97%), Quang Tri (92.99%), and Tay Ninh (93.51%). Regarding economic performance, Vinh Long's GRDP growth for 2025 is estimated at 5.84%, with the service sector seeing an 8.28% increase.