HanoivsMilan
Overall
💰+78.6%
Hanoi is 78.6%more expensive
Rent
🏠+127.3%
Housing is 127.3% higher
Dining
🍽️+128.6%
Restaurants 128.6% pricier
Groceries
🛒+60.0%
Food shopping 60.0% more
Comparing the cost of living between Hanoi, Vietnam and Milan, Italy reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Hanoi is more expensive than Milan by approximately 78.6%. 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 Milan by 56%. A one-bedroom apartment in Hanoi's city center costs around ₫12,000,000, while the same in Milan is approximately €1,500.
Dining out in Hanoi offers significant savings compared to Milan. An inexpensive restaurant meal costs ₫50,000 in Hanoi versus €18 in Milan.
Public transportation in Hanoi is more expensive, with monthly passes at ₫200,000 compared to €39 in Milan.
Purchasing power in Milan is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Hanoi.
Grocery shopping in Hanoi is more affordable by approximately 38%. Basic items like milk, bread, and eggs show lower prices across the board.
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 Milan, the same lifestyle would cost around €549. For families, these figures increase significantly, with a family of four requiring about ₫16,870,000 monthly in Hanoi versus €1,921 in Milan. 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
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Hanoi to Milan, 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 Milan to Hanoi 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
Milan
Frequently Asked Questions
Is Hanoi more expensive than Milan?
Yes, Hanoi is approximately 78.6% more expensive than Milan overall. The biggest differences are in housing and restaurant prices.
How much salary do I need in Hanoi compared to Milan?
To maintain the same standard of living, you would need approximately 1.8x of your Milan salary when living in Hanoi. For example, if you earn $50,000 in Milan, you'd need about $89,286 in Hanoi for a comparable lifestyle.
What are the biggest cost differences between Hanoi and Milan?
The most significant cost difference is in dining out. Restaurant prices vary by about 56%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
Milan offers better purchasing power, making it more attractive for those earning in strong currencies. However, Milan provides lower living costs, which benefits budget-conscious travelers. Consider Hanoi if you prioritize cultural experiences, or Milan for better value.
What's a reasonable monthly budget for Hanoi vs Milan?
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 Milan, these figures are €1,549 for singles and €3,721 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Hanoi and Milan in 2025 shows significant 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.
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