City Comparison

Mumbai vs Hanoi

Cost of Living Comparison 2026

Hanoi is ~28% cheaper overall

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Mumbai

India

COL+Rent

25

Rent Index

16.2

Groceries

30.9

Restaurant

25

Hanoi

Vietnam

COL+Rent

18

Rent Index

9.1

Groceries

32.4

Restaurant

15.4

Monthly Cost Comparison

CategoryMumbaiHanoiDiff
Rent (1BR City)$462$336+$126
Rent (1BR Outside)$272$207+$65
Groceries$125$179$54
Restaurant Meal$7$3+$4
Transit Pass$14$6+$8
Utilities$39$48$9

Monthly Budget Comparison

LifestyleMumbaiHanoi
Minimal$441/mo$398/mo
Typical$745/mo$614/mo
Comfortable$944/mo$745/mo

Purchasing Power Equivalence

Budget in Mumbai≈ in HanoiDifference
$1,500/mo$1,080/mo-$420
$2,000/mo$1,440/mo-$560
$3,000/mo$2,160/mo-$840

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Mumbai vs Hanoi for Expats & Remote Workers

Our data shows Hanoi is approximately 28% more affordable than Mumbai when combining rent and daily living costs. Mumbai's COL+Rent Index of 25 vs Hanoi's 18 (both measured against New York City = 100) reflects a relatively small gap, meaning the decision between these cities often comes down to lifestyle preferences rather than pure cost.

Housing is the biggest differentiator: a city-center one-bedroom in Mumbai costs $462/month versus $336/month in Hanoigiving Hanoi a $126/month advantage on housing alone. Over a full year, the rent difference is modest and may be offset by other cost categories.

Day-to-day costs tell a more nuanced story. Groceries in Mumbai ($125/mo) vs Hanoi ($179/mo) reflect Mumbai's lower food prices, while restaurant meals at $7 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.

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Frequently Asked Questions

Is Mumbai or Hanoi cheaper to live in?
Hanoi is approximately 28% cheaper overall. Mumbai's COL+Rent Index is 25 vs Hanoi's 18 (NYC = 100).
How much is rent in Mumbai vs Hanoi?
A 1BR in Mumbai city center costs ~$462/mo vs $336/mo in Hanoi. Outside the center: $272 vs $207.
What is $2,000/month in Mumbai worth in Hanoi?
Using cost-of-living adjustment, $2,000/month in Mumbai has the purchasing power of approximately $1,440/month in Hanoi.
Are groceries cheaper in Mumbai or Hanoi?
Monthly groceries cost approximately $125 in Mumbai vs $179 in Hanoi. Groceries Index: 30.9 vs 32.4 (NYC = 100).