Lisbon vs Hanoi
Cost of Living Comparison 2026
Hanoi is ~59% cheaper overall
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Lisbon
Portugal
COL+Rent
43.8
Rent Index
30
Groceries
49.1
Restaurant
47.4
Hanoi
Vietnam
COL+Rent
18
Rent Index
9.1
Groceries
32.4
Restaurant
15.4
Monthly Cost Comparison
| Category | Lisbon | Hanoi | Diff |
|---|---|---|---|
| Rent (1BR City) | $1,337 | $336 | +$1,001 |
| Rent (1BR Outside) | $1,040 | $207 | +$833 |
| Groceries | $277 | $179 | +$98 |
| Restaurant Meal | $15 | $3 | +$12 |
| Transit Pass | $45 | $6 | +$39 |
| Utilities | $130 | $48 | +$82 |
Monthly Budget Comparison
| Lifestyle | Lisbon | Hanoi |
|---|---|---|
| Minimal | $1,469/mo | $398/mo |
| Typical | $2,014/mo | $614/mo |
| Comfortable | $2,495/mo | $745/mo |
Purchasing Power Equivalence
| Budget in Lisbon | ≈ in Hanoi | Difference |
|---|---|---|
| $1,500/mo | $616/mo | -$884 |
| $2,000/mo | $822/mo | -$1,178 |
| $3,000/mo | $1,233/mo | -$1,767 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
Analysis: Lisbon vs Hanoi for Expats & Remote Workers
Our data shows Hanoi is approximately 59% more affordable than Lisbon when combining rent and daily living costs. Lisbon's COL+Rent Index of 43.8 vs Hanoi's 18 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.
Housing is the biggest differentiator: a city-center one-bedroom in Lisbon costs $1,337/month versus $336/month in Hanoi — giving Hanoi a $1,001/month advantage on housing alone. Over a full year, this rent difference alone amounts to $12,012 in annual savings.
Day-to-day costs tell a more nuanced story. Groceries in Lisbon ($277/mo) vs Hanoi ($179/mo) reflect Hanoi's lower food prices, while restaurant meals at $15 vs $3 show Hanoi offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.
Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Hanoi offers meaningfully better value — your typical monthly budget of $614 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.