Hanoi, Vietnam
Vietnam's thousand-year-old capital blends ancient pagodas and tree-lined boulevards with a thriving startup scene, offering a lower cost of living than Ho Chi Minh City.
Below Average vs Vietnam Avg (100)
Affordable
Household income
Job market health
Hanoi vs Vietnam Average
Taxes
- State Income Tax: None
- Sales Tax: 10.0%
Economy & Jobs
- Median Income: ₫110,000,000
- Unemployment: 3.2%
- Population: 8,250,000
Climate
- Sunny Days: 160/year
- Summer High: 92°F
- Winter Low: 55°F
- Farming Zone: USDA Zone 7a
Housing
- Median Home: ₫2,800,000,000
- 1BR Rent: ₫7000000/mo
Cost of Living
Hanoi's cost of living index is 40 (Vietnam average = 100).
| Category | Hanoi | National Average | Difference |
|---|---|---|---|
| Overall | 40 | 100 | -60.0% |
| Housing | 45 | 100 | -55.0% |
Data source: GSO Vietnam / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | ₫2,800,000,000 |
| Median Rent (1BR) | ₫7000000/mo |
| Median Rent (2BR) | ₫8,750,000/mo |
| Price per Sq Ft | ₫1,866,666 |
Data source: Batdongsan / CafeF, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Hanoi:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | ₫300000 | |
| Heating & Cooling | N/A | Estimated based on local climate. |
| Cooling (AC) | ₫26 | Estimated based on local climate and electricity rates |
| Water | ₫100000 | Includes sewer |
| Internet (100+ Mbps) | ₫200000 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | ₫600026 | Monthly estimate (including heating & cooling) |
Data sources: EVN, Saigon Water, VNPT 2025
Remote Work Score
Hanoi scores —/100 for remote work readiness:
Climate
Hanoi has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 75°F | 55°F | 2.5" |
| April | 77°F | 70°F | 2.8" |
| July | 92°F | 67°F | 1.5" |
| October | 72°F | 73°F | 2.2" |
Mild — wide variety of vegetables, many fruit trees
Natural Hazards
Hanoi faces the following natural hazards:
Red River flooding.
Affected by typhoons.
Extreme summer heat.
Moderate seismic activity with occasional earthquakes.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 0% (None)
- Sales Tax: 10%
- Property Tax: ~0.1% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.2%.
Crime & Safety
Crime rates in Hanoi per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Schools & Education
Academic Schedule
Tet holiday is the most important break. School days are long, especially for high school students.
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Hanoi, Vietnam?
The cost of living index in Hanoi is 40, which is Lower the Vietnam national average of 100.
How much does it cost to buy a home in Hanoi?
The median home price in Hanoi is ₫2,800,000,000. The housing index is 45.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Hanoi is approximately ₫7000000/mo.
Does Hanoi, Hanoi have income tax?
Hanoi is in Hanoi, which has no income tax.
What is the climate like in Hanoi?
Hanoi enjoys approximately 160 sunny days per year. Summer highs reach around 92°F, while winter lows can drop to around 55°F.
Data Sources
- Cost of Living: GSO Vietnam / Numbeo, 2026
- Housing Data: Batdongsan / CafeF, 2026
- Income & Employment: GSO Vietnam Labour Force Survey, 2024
- Utilities EVN, Saigon Water, VNPT 2025
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.