Cost of living & property in Hanoi

Vietnam's capital is the country's political and cultural heart: thousand-year-old streets, lakes, four actual seasons and a serious café culture. Expat life is smaller and more embedded than Saigon's — you live in Vietnam, not next to it.

Key numbers

Single, comfortable / month
$1,265
Rent 1BR / month
$450
Condo price
$2,500/m²
Gross rental yield
4.8 %
Demand
High
Price trend
↑ rising

Who it suits

Culture-first movers, teachers and diplomats' orbit — and investors who want capital-city fundamentals at prices below HCMC.

Insider tip

Winters are genuinely chilly and damp — budget for heating and check insulation before renting or buying west-facing units.

How it works

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Frequently asked questions

How much does it cost to live in Hanoi?

A single person living comfortably — modern one-bedroom, mixed local and Western food, health insurance included — should budget around $1,265 per month. A local-style budget runs meaningfully lower, a premium expat lifestyle higher. Our free calculator personalises this for your household.

What do apartments cost in Hanoi?

A furnished one-bedroom rents from roughly $450 per month, and modern condos sell around $2,500 per m². Gross rental yields are in the region of 4.8% before costs.

Can foreigners buy property in Hanoi?

Foreigners can buy condos in licensed projects (up to 30% of a building's units), normally on a renewable 50-year ownership certificate. Land and landed houses are far more restricted. Our investor guides explain the rules — and we check foreign-quota availability before you commit to anything.

More cities

Prices shown are indicative 2025/2026 benchmarks in USD and are not a substitute for an individual assessment.

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