Cost of Living in Yangon, Myanmar

Yangon, the largest city and former capital of Myanmar, offers a unique blend of colonial charm, spiritual landmarks, and a rapidly changing economic landscape. While it remains one of the most affordable major cities in Southeast Asia, current political shifts and high inflation have created a dual-tier economy. For expats and travelers, costs are generally low in USD terms, though the market remains volatile. It is a city where traditional teahouses sit alongside modern developments, offering a high degree of affordability for those with foreign currency.

Rent & Housing Prices in Yangon

1bed outside400,000 - 650,000 MMK ($80 - $130 USD)
3bed outside1,000,000 - 1,800,000 MMK ($200 - $360 USD)
1bed center850,000 - 1,200,000 MMK ($170 - $240 USD)
3bed center2,200,000 - 3,500,000 MMK ($440 - $700 USD)

Food & Dining Prices

Meal, Inexpensive Restaurant4,500 MMK ($0.90 USD)
Three-course Meal, Mid-range Restaurant (for 2)55,000 MMK ($11.00 USD)
McMeal at McDonalds (or local equivalent)18,000 MMK ($3.60 USD)
Domestic Beer (0.5 liter)3,500 MMK ($0.70 USD)
Cappuccino (regular)6,000 MMK ($1.20 USD)

Transportation in Yangon

gasoline 1 liter2,800 MMK ($0.56 USD)
one way ticket400 MMK ($0.08 USD)
monthly pass16,000 MMK ($3.20 USD)
taxi start2,500 MMK ($0.50 USD)

Salary & Financing

avg salary420,000 MMK per month ($85 USD)
mortgage rate13.5% annually

Quality of Life in Yangon

Living in Yangon currently involves navigating a complex environment. While the local hospitality is warm and the spiritual atmosphere of the Shwedagon Pagoda is unparalleled, challenges include frequent power outages, limited public healthcare infrastructure, and seasonal air quality issues. Safety remains a concern due to the ongoing political situation; it is advised to monitor local advisories closely. However, for those working in specific sectors, the low cost of service and food provides a high level of purchasing power.

3 Days in Yangon: A Budget Itinerary

Day 1

Morning visit to Shwedagon Pagoda. Afternoon walk through the Downtown area to view Colonial Architecture and the Sule Pagoda. Dinner at a local teahouse (approx. $5 USD total).

Day 2

Ride the Yangon Circular Train for a glimpse into local life ($1 USD). Explore Bogyoke Aung San Market for handicrafts. Evening stroll around Kandawgyi Lake.

Day 3

Take a ferry across the river to Dala for a rural experience. Afternoon visit to the Reclining Buddha at Chaukhtatgyi. Sunset at Inya Lake.

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