Cost of living and prices in Hanoi, prices of food, rent, shopping, etc. 🇻🇳
Updated Jul 2023

For those traveling to Hanoi, Vietnam, one of the must-try eating options is street food. Hanoi is famous for its countless food stalls lining the streets, offering tasty and affordable dishes such as pho (noodle soup with beef or chicken), banh mi (Vietnamese baguette sandwiches), and bun cha (grilled pork and noodle salad). Visitors can follow their noses and stroll around the Old Quarter, sampling different street food options, and immersing themselves in the vibrant street culture of Hanoi.

For a more upscale dining experience, Hanoi has plenty of restaurants that offer traditional Vietnamese dishes with a modern twist. These fine dining establishments often provide a more refined atmosphere and use high-quality ingredients to create unique and flavorful dishes. For example, some restaurants may offer a fusion of Vietnamese and French cuisine or incorporate seasonal ingredients into their menu. Visitors can savor the upscale dining experience while enjoying iconic Vietnamese dishes such as seafood, imperial rolls, and bánh xèo (crispy Vietnamese pancakes).

Hanoi, Vietnam is known for its bustling markets, from the famous Dong Xuan Market to the smaller weekend night markets in the Old Quarter. These markets offer a wide variety of goods, from clothing to household items, fresh produce, and more. However, navigating market prices can be tricky, as bargaining is expected and prices can vary greatly depending on the seller and item. It's not uncommon to find yourself paying a higher price as a foreigner, so it's important to approach bargaining with a polite but firm attitude.

While markets offer a unique shopping experience and a chance to practice your bargaining skills, there are also plenty of modern shopping centers in Hanoi. These malls often offer fixed prices, making it easier to quickly compare prices and find what you're looking for. However, specialty stores and boutiques in these malls can still have higher prices than what you might find in the markets. Ultimately, whether you're shopping in a market or a mall, it pays to do your research and shop around to get the best deal.

When visiting Hanoi, there are several transportation options available to make your way around the city. One of the most popular is the traditional cyclo, which is a three-wheeled bicycle with a passenger seat at the front. It's an excellent way to discover the city's charm while enjoying the fresh air. A tour around Hanoi's Old Quarter by cyclo is a must-do experience; it's a chance to get up close and personal with the architecture, narrow streets, and bustling crafts markets.

If you are looking for something a bit more modern, taxis are abundant and affordable in Hanoi. Be sure to select a reputable company to avoid any scams or issues. Most taxis are air-conditioned and have reasonable rates, but it's best to agree on the fare upfront. Uber and Grab are also popular transportation options in Hanoi. Both ride-hailing services are readily available and can take you to your destination comfortably and quickly. They are also usually cheaper than traditional taxis and an excellent option if you want to avoid haggling over the fare.

Traveling to Hanoi, Vietnam can be an exciting experience filled with a mix of different cultures and sights to see. However, those travelling to Hanoi should be aware that the utilities cost in the city can be a bit of a challenge. Compared to other cities in the country and around Asia, Hanoi's utilities can be higher due to its growing economy and the increasing demand for modern amenities.

Utilities in Hanoi include electricity, water, gas, and internet. The cost of electricity and water can be high, especially during peak usage times. It's important to conserve power as much as possible by turning off lights and electronics when not in use. Gasoline costs are also higher in Hanoi, especially when compared to other Southeast Asian countries. When it comes to internet, there are service providers all around the city with varying rates and quality of service. Overall, those traveling to Hanoi should be prepared to pay higher utility costs than they might be used to, but with a little bit of research and initiative, these costs can be easily managed.

If you are a sports enthusiast or someone who just wants to stay fit even while traveling, Hanoi has plenty of options for you. The city offers various fitness centers, gyms, and yoga studios that cater to all types of fitness lovers. The Vietnamese people are known for practicing Tai Chi, and you can join one of the morning classes held in public parks. You can also try traditional martial arts such as Vovinam or Vietnam's indigenous wrestling style, called Vat. Sports facilities such as tennis courts, soccer fields, and basketball courts are aplenty, and you can easily book games with local clubs. For adrenaline junkies, rock climbing gyms and skate parks are also available in Hanoi.

Aside from sports, Hanoi also offers leisurely activities for travelers looking for a more relaxed itinerary. You can rent a bicycle and explore the city on your own. Along the way, stop by the beautiful lakes, such as Hoan Kiem Lake, for scenic views and people-watching. You can also take a stroll around the Old Quarter and try different local street foods or shop for traditional souvenirs. For a more laid-back experience, you can visit one of the many coffee shops in Hanoi. Vietnamese coffee is famous for its bold flavor, and you can sit back and enjoy it while watching the busy streets of Hanoi from a rooftop or balcony.

Salaries and financing in Hanoi, Vietnam may surprise travelers who are used to high costs of living in Western countries. With a lower cost of living, residents can expect salaries that are competitive in comparison. While the cost of daily necessities such as food and transportation is lower than what travelers might be used to, those who wish to live more luxurious lifestyles may find that prices for high-end services and products can be similar to those in other major cities.

When it comes to financing, Hanoi is generally a cash-based society. Credit cards are accepted in many places, but it's always a good idea to carry cash as a backup option. ATMs can be found throughout the city and exchanging foreign currency is usually a straightforward process. While it's important to be aware of potential scams or unscrupulous exchange rates, travelers who are prepared can easily navigate Hanoi's financial scene and enjoy all the city has to offer.

Childcare prices in Hanoi, Vietnam can vary greatly depending on the type of childcare you choose for your child. If you opt for a traditional kindergarten, prices tend to be more affordable. These kindergartens are often run by the government and have standardized prices that are regulated by the state. However, if you are looking for a private school or a more high-end childcare facility, the prices can be significantly higher. Many international schools in Hanoi offer daycare services and preschool education but often come with a premium price tag.

When it comes to choosing childcare in Hanoi, it's essential to consider the quality of care that your child will receive. While traditional kindergartens are affordable, they may not have the same level of resources as private schools. On the other hand, private schools and high-end childcare facilities often provide a wider range of services and amenities that can help your child develop better. Depending on your preferences, you may prefer a more affordable yet simple kindergarten or a premium childcare facility that provides top-notch early education and childcare services.

Hanoi, Vietnam is a great place to shop for clothing and shoes. With a wide variety of stores and markets, shoppers can find everything from high-end designer brands to affordable streetwear. From popular shopping districts like Dong Xuan Market to modern malls like Vincom Center, there are plenty of options to choose from when it comes to shopping for clothes and shoes in Hanoi.

For those looking for unique and handmade items, Hanoi's street markets are a must-visit. These bustling markets are known for their vibrant energy and offer a great selection of traditional clothing and shoes, as well as accessories and souvenirs. There are also several popular shopping streets, such as Hang Gai and Hang Bong, that are lined with boutique shops and art galleries, making them a great place to browse for one-of-a-kind pieces. No matter what your budget or style, Hanoi has plenty of options for those looking for fashionable clothing and shoes.

If you're looking for a temporary stay in Hanoi, Vietnam, there are plenty of short-term rental options available. Whether you're traveling solo or with family, you can find furnished apartments, serviced apartments, and even vacation homes for rent. Short-term rentals are an affordable and convenient way to experience Hanoi and its unique culture. Prices vary depending on the type of accommodation, location, and duration of stay.

In addition to short-term rentals, Hanoi offers a variety of stay options for travelers. Hostels and guesthouses are perfect for budget-minded travelers, while hotels provide a range of amenities for those seeking a more luxurious stay. If you're looking for a unique and cultural experience, consider staying in a homestay or a traditional Vietnamese house. Prices vary depending on the type of stay option and the location, but there are plenty of options available to suit every traveler's needs and budget.

Hanoi, Vietnam offers a wide variety of real estate options for buyers, including apartments, houses, and villas. Apartments are particularly popular, ranging from one-bedroom units to luxurious penthouses. Many apartments come fully furnished, and include amenities such as swimming pools and gyms. Houses and villas are also available, with options ranging from traditional Vietnamese architecture to contemporary design. These options provide buyers with a range of prices to choose from, depending on their budget and requirements.

Real estate prices in Hanoi, Vietnam can vary greatly depending on the location, size, and type of property. Generally, prices are more affordable than other major Asian cities, such as Hong Kong and Tokyo. The cost of living in Vietnam is generally lower, which affects the overall property prices. However, prices have been rising steadily in recent years, especially in more sought-after areas. As Vietnam continues to develop and attract foreign investment, it is expected that real estate prices will continue to increase. Nevertheless, Hanoi is still considered a relatively affordable city for real estate buyers, with many options available at reasonable prices.