HanoivsMontreal
Overall
💰+54.8%
Hanoi is 54.8%more expensive
Rent
🏠+81.8%
Housing is 81.8% higher
Dining
🍽️+94.3%
Restaurants 94.3% pricier
Groceries
🛒+66.7%
Food shopping 66.7% more
Comparing the cost of living between Hanoi, Vietnam and Montreal, Canada reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Hanoi is more expensive than Montreal by approximately 54.8%. 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 Montreal by 45%. A one-bedroom apartment in Hanoi's city center costs around ₫12,000,000, while the same in Montreal is approximately CA$1,500.
Dining out in Hanoi offers significant savings compared to Montreal. An inexpensive restaurant meal costs ₫50,000 in Hanoi versus CA$18 in Montreal.
Public transportation in Hanoi is more expensive, with monthly passes at ₫200,000 compared to CA$94 in Montreal.
Purchasing power in Montreal 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 40%. 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 Montreal, the same lifestyle would cost around CA$570. For families, these figures increase significantly, with a family of four requiring about ₫16,870,000 monthly in Hanoi versus CA$1,994 in Montreal. 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 Montreal, 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 Montreal 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
Montreal
Frequently Asked Questions
Is Hanoi more expensive than Montreal?
Yes, Hanoi is approximately 54.8% more expensive than Montreal overall. The biggest differences are in housing and restaurant prices.
How much salary do I need in Hanoi compared to Montreal?
To maintain the same standard of living, you would need approximately 1.5x of your Montreal salary when living in Hanoi. For example, if you earn $50,000 in Montreal, you'd need about $77,381 in Hanoi for a comparable lifestyle.
What are the biggest cost differences between Hanoi and Montreal?
The most significant cost difference is in dining out. Restaurant prices vary by about 49%, 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?
Montreal offers better purchasing power, making it more attractive for those earning in strong currencies. However, Montreal provides lower living costs, which benefits budget-conscious travelers. Consider Hanoi if you prioritize cultural experiences, or Montreal for better value.
What's a reasonable monthly budget for Hanoi vs Montreal?
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 Montreal, these figures are CA$1,670 for singles and CA$3,894 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Hanoi and Montreal 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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Find out how much you need to earn in Montreal to maintain your lifestyle from Hanoi
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