City Comparison

Stockholm vs Hanoi

Cost of Living Comparison 2026

Hanoi is ~65% cheaper overall

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

Stockholm

Sweden

COL+Rent

51

Rent Index

32.7

Groceries

59.6

Restaurant

62.4

Hanoi

Vietnam

COL+Rent

18

Rent Index

9.1

Groceries

32.4

Restaurant

15.4

Monthly Cost Comparison

CategoryStockholmHanoiDiff
Rent (1BR City)$1,449$336+$1,113
Rent (1BR Outside)$1,139$207+$932
Groceries$339$179+$160
Restaurant Meal$17$3+$14
Transit Pass$93$6+$87
Utilities$103$48+$55

Monthly Budget Comparison

LifestyleStockholmHanoi
Minimal$1,640/mo$398/mo
Typical$2,239/mo$614/mo
Comfortable$2,779/mo$745/mo

Purchasing Power Equivalence

Budget in Stockholm≈ in HanoiDifference
$1,500/mo$529/mo-$971
$2,000/mo$706/mo-$1,294
$3,000/mo$1,059/mo-$1,941

Detailed Budget Analysis

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

Analysis: Stockholm vs Hanoi for Expats & Remote Workers

Our data shows Hanoi is approximately 65% more affordable than Stockholm when combining rent and daily living costs. Stockholm's COL+Rent Index of 51 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 Stockholm costs $1,449/month versus $336/month in Hanoigiving Hanoi a $1,113/month advantage on housing alone. Over a full year, this rent difference alone amounts to $13,356 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Stockholm ($339/mo) vs Hanoi ($179/mo) reflect Hanoi's lower food prices, while restaurant meals at $17 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 Stockholm or Hanoi cheaper to live in?
Hanoi is approximately 65% cheaper overall. Stockholm's COL+Rent Index is 51 vs Hanoi's 18 (NYC = 100).
How much is rent in Stockholm vs Hanoi?
A 1BR in Stockholm city center costs ~$1,449/mo vs $336/mo in Hanoi. Outside the center: $1,139 vs $207.
What is $2,000/month in Stockholm worth in Hanoi?
Using cost-of-living adjustment, $2,000/month in Stockholm has the purchasing power of approximately $706/month in Hanoi.
Are groceries cheaper in Stockholm or Hanoi?
Monthly groceries cost approximately $339 in Stockholm vs $179 in Hanoi. Groceries Index: 59.6 vs 32.4 (NYC = 100).