Cost Comparison 2025

HanoivsLima

Vietnam
Peru

Overall

💰

0.0%

Hanoi is 0.0%same cost

Rent

🏠

+27.3%

Housing is 27.3% higher

Dining

🍽️

0.0%

Restaurants 0.0% same

Groceries

🛒

0.0%

Food shopping 0.0% same

Comparing the cost of living between Hanoi, Vietnam and Lima, Peru reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Hanoi is similarly priced than Lima. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Hanoi are lower than in Lima by 21%. A one-bedroom apartment in Hanoi's city center costs around ₫12,000,000, while the same in Lima is approximately PEN 2,000.

Dining out in Hanoi costs about the same compared to Lima. An inexpensive restaurant meal costs ₫50,000 in Hanoi versus PEN 15 in Lima.

Public transportation in Hanoi is more expensive, with monthly passes at ₫200,000 compared to PEN 100 in Lima.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Hanoi can expect to spend approximately ₫4,820,000 per month (excluding rent), while in Lima, the same lifestyle would cost around PEN 867. For families, these figures increase significantly, with a family of four requiring about ₫16,870,000 monthly in Hanoi versus PEN 3,035 in Lima. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Hanoi, Vietnam
Lima, Peru

🏠 Housing Costs (Monthly Rent)

1BR City Center
₫12,000,000
PEN 2,000
1BR Outside Center
₫7,000,000
PEN 1,200
3BR City Center
₫25,000,000
PEN 3,500

🍽️ Food & Dining

Meal, Inexpensive Restaurant
₫50,000
PEN 15
Meal for 2, Mid-range Restaurant
₫400,000
PEN 100
Cappuccino
₫50,000
PEN 10
Domestic Beer (0.5L)
₫25,000
PEN 10

🛒 Groceries

Milk (1L)
₫35,000
PEN 5
Bread (500g)
₫20,000
PEN 5
Eggs (12)
₫35,000
PEN 7
Cheese (1kg)
₫350,000
PEN 25

🚌 Transportation

One-way Ticket
₫8,000
PEN 2
Monthly Pass
₫200,000
PEN 100
Taxi Start
₫15,000
PEN 5
Gasoline (1L)
₫24,000
PEN 5

💡 Utilities & Internet

Basic Utilities (85m²)
₫2,000,000
PEN 200
Internet (60 Mbps)
₫200,000
PEN 120
Mobile Minute
₫2,000
PEN 0

Tips for Moving Between Cities

For those considering a move from Lima to Hanoi, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Hanoi to Lima requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Hanoi

Cost of Living Index42
Rent Index22
Purchasing Power Index28

Lima

Cost of Living Index42
Rent Index28
Purchasing Power Index38

Frequently Asked Questions

Is Hanoi more expensive than Lima?

The cost of living in Hanoi and Lima is relatively similar, with only minor differences in specific categories. Your actual expenses will depend on your lifestyle choices.

How much salary do I need in Hanoi compared to Lima?

To maintain the same standard of living, you would need approximately 100% of your Lima salary when living in Hanoi. For example, if you earn $50,000 in Lima, you'd need about $50,000 in Hanoi for a comparable lifestyle.

What are the biggest cost differences between Hanoi and Lima?

The most significant cost difference is in housing. Rent prices differ by approximately 21%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Lima offers better purchasing power, making it more attractive for those earning in strong currencies. However, Lima provides lower living costs, which benefits budget-conscious travelers. Consider Hanoi if you prioritize cultural experiences, or Lima for better value.

What's a reasonable monthly budget for Hanoi vs Lima?

In Hanoi, a single person needs approximately ₫11,820,000 per month (including rent), while a family of four requires about ₫31,870,000. In Lima, these figures are PEN 2,067 for singles and PEN 5,235 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Hanoi and Lima in 2025 shows moderate differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Lima to maintain your lifestyle from Hanoi

Calculate Salary Equivalence

Last updated: 2025-01-28 • Data sourced from multiple providers