Cost Comparison 2025

MumbaivsHanoi

India
Vietnam

Overall

💰

+20.0%

Mumbai is 20.0%more expensive

Rent

🏠

-12.0%

Housing is 12.0% lower

Dining

🍽️

+16.7%

Restaurants 16.7% pricier

Groceries

🛒

+28.6%

Food shopping 28.6% more

Comparing the cost of living between Mumbai, India and Hanoi, Vietnam reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Mumbai is more expensive than Hanoi by approximately 20.0%. 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 Mumbai are higher than in Hanoi by 14%. A one-bedroom apartment in Mumbai's city center costs around ₹35,000, while the same in Hanoi is approximately ₫12,000,000.

Dining out in Mumbai offers significant savings compared to Hanoi. An inexpensive restaurant meal costs ₹200 in Mumbai versus ₫50,000 in Hanoi.

Public transportation in Mumbai is more affordable, with monthly passes at ₹1,500 compared to ₫200,000 in Hanoi.

Purchasing power in Mumbai is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Hanoi.

Grocery shopping in Mumbai is more affordable by approximately 22%. 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 Mumbai can expect to spend approximately ₹12,260 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 ₹42,910 monthly in Mumbai 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
Mumbai, India
Hanoi, Vietnam

🏠 Housing Costs (Monthly Rent)

1BR City Center
₹35,000
₫12,000,000
1BR Outside Center
₹20,000
₫7,000,000
3BR City Center
₹100,000
₫25,000,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
₹200
₫50,000
Meal for 2, Mid-range Restaurant
₹1,500
₫400,000
Cappuccino
₹150
₫50,000
Domestic Beer (0.5L)
₹200
₫25,000

🛒 Groceries

Milk (1L)
₹55
₫35,000
Bread (500g)
₹35
₫20,000
Eggs (12)
₹80
₫35,000
Cheese (1kg)
₹400
₫350,000

🚌 Transportation

One-way Ticket
₹10
₫8,000
Monthly Pass
₹1,500
₫200,000
Taxi Start
₹25
₫15,000
Gasoline (1L)
₹105
₫24,000

💡 Utilities & Internet

Basic Utilities (85m²)
₹3,000
₫2,000,000
Internet (60 Mbps)
₹1,000
₫200,000
Mobile Minute
₹1
₫2,000

Tips for Moving Between Cities

For those considering a move from Mumbai 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 Mumbai 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

Mumbai

Cost of Living Index35
Rent Index25
Purchasing Power Index40

Hanoi

Cost of Living Index42
Rent Index22
Purchasing Power Index28

Frequently Asked Questions

Is Mumbai more expensive than Hanoi?

Yes, Mumbai is approximately 20.0% more expensive than Hanoi overall. The biggest differences are in housing and restaurant prices.

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

To maintain the same standard of living, you would need approximately 1.2x of your Hanoi salary when living in Mumbai. For example, if you earn $50,000 in Hanoi, you'd need about $60,000 in Mumbai for a comparable lifestyle.

What are the biggest cost differences between Mumbai and Hanoi?

The most significant cost difference is in groceries. Grocery costs differ by roughly 22%, affecting your daily shopping expenses. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Mumbai 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 Mumbai if you prioritize earning potential, or Hanoi for affordability.

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

In Mumbai, a single person needs approximately ₹32,260 per month (including rent), while a family of four requires about ₹92,910. 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 Mumbai and Hanoi in 2025 shows notable 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 Mumbai

Calculate Salary Equivalence

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