Cost Comparison 2025

LimavsHanoi

Peru
Vietnam

Overall

💰

0.0%

Lima is 0.0%same cost

Rent

🏠

-21.4%

Housing is 21.4% lower

Dining

🍽️

0.0%

Restaurants 0.0% same

Groceries

🛒

0.0%

Food shopping 0.0% same

Comparing the cost of living between Lima, Peru and Hanoi, Vietnam reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lima is similarly priced than Hanoi. 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 Lima are higher than in Hanoi by 27%. A one-bedroom apartment in Lima's city center costs around PEN 2,000, while the same in Hanoi is approximately ₫12,000,000.

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

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

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Lima can expect to spend approximately PEN 867 per month (excluding rent), while in Hanoi, the same lifestyle would cost around ₫4,820,000. For families, these figures increase significantly, with a family of four requiring about PEN 3,035 monthly in Lima versus ₫16,870,000 in Hanoi. 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
Lima, Peru
Hanoi, Vietnam

🏠 Housing Costs (Monthly Rent)

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

🍽️ Food & Dining

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

🛒 Groceries

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

🚌 Transportation

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

💡 Utilities & Internet

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

Tips for Moving Between Cities

For those considering a move from Hanoi to Lima, 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 Lima 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

Lima

Cost of Living Index42
Rent Index28
Purchasing Power Index38

Hanoi

Cost of Living Index42
Rent Index22
Purchasing Power Index28

Frequently Asked Questions

Is Lima more expensive than Hanoi?

The cost of living in Lima and Hanoi 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 Lima compared to Hanoi?

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

What are the biggest cost differences between Lima and Hanoi?

The most significant cost difference is in housing. Rent prices differ by approximately 27%, 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, Hanoi provides lower living costs, which benefits budget-conscious travelers. Consider Lima if you prioritize earning potential, or Hanoi for affordability.

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

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

The cost of living comparison between Lima and Hanoi 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 Hanoi to maintain your lifestyle from Lima

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers