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Hanoi vs Milan cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money · Updated September 2026
🇻🇳 Hanoi
🇮🇹 MilanHanoi is 378% cheaper than Milan
Living on $1,422 a month in Hanoi feels like about $5,915 in Milan — same standard of living, compared by feel rather than exchange rate.
Per day
$57.8 vs $312
Per month
$1,422 vs $5,915
Local meal
₫ 50,000 vs € 14
$1.9 vs $16.3
Taxi 5 km
₫ 85,000 vs € 13
$3.23 vs $15.1
At a glance
FoodHanoi 86% cheaper
Cafés & drinksHanoi 78% cheaper
TransportHanoi 85% cheaper
StayHanoi 79% cheaper
FunHanoi 75% cheaper
- Where Hanoi is clearly cheaper: Transit (89%↓), Local meal (88%↓), Street food (88%↓)
Item by item
| Item | Hanoi | Milan | Cheaper |
|---|---|---|---|
| Local mealper person | ₫ 50,000$1.9 | € 14$16.3 | Hanoi −88% |
| Street food1 item | ₫ 23,000$0.87 | € 6.3$7.33 | Hanoi −88% |
| Restaurant dinnerper person | ₫ 230,000$8.75 | € 33$38.4 | Hanoi −77% |
| Coffeeone cup | ₫ 40,000$1.52 | € 1.5$1.74 | Hanoi −13% |
| Beerone bottle | ₫ 30,000$1.14 | € 6$6.98 | Hanoi −84% |
| Cocktail & wineone cup | ₫ 78,000$2.97 | € 16$18.6 | Hanoi −84% |
| Bottled water | ₫ 8,000$0.3 | € 1.5$1.74 | Hanoi −83% |
| Convenience store1 snack or drink | ₫ 20,000$0.76 | € 3.8$4.42 | Hanoi −83% |
| Taxi5 km in town | ₫ 85,000$3.23 | € 13$15.1 | Hanoi −79% |
| Tuk-tuk / moto taxishort hop | ₫ 39,000$1.48 | € 8.5$9.88 | Hanoi −85% |
| Transitone ride | ₫ 7,000$0.27 | € 2$2.33 | Hanoi −89% |
| Scooter rentalper day | ₫ 160,000$6.08 | € 30$34.9 | Hanoi −83% |
| Hotel night3-star | ₫ 800,000$30.4 | € 150$174 | Hanoi −83% |
| Studio rent (month) | ₫ 12,000,000$456 | € 1,500$1,744 | Hanoi −74% |
| Laundry | ₫ 32,000$1.22 | € 3.5$4.07 | Hanoi −70% |
| SIM card1 week data | ₫ 160,000$6.08 | € 13$15.1 | Hanoi −60% |
| Haircutcut | ₫ 91,000$3.46 | € 18$20.9 | Hanoi −83% |
| Massage1 hour | ₫ 260,000$9.89 | € 52$60.5 | Hanoi −84% |
| Half-day tourper person | ₫ 660,000$25.1 | € 52$60.5 | Hanoi −58% |
| Entry ticketTourist town | ₫ 130,000$4.94 | € 15$17.4 | Hanoi −72% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
FAQ
Which is cheaper, Hanoi or Milan?
Hanoi is 378% cheaper than Milan. Daily budget $57.8 vs $312; a month $1,422 vs $5,915.
How do monthly costs compare between Hanoi and Milan?
With a short-term studio and living costs, Hanoi is about $1,422 and Milan about $5,915 per month.
Where do the numbers come from?
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.