Hanoi VS Manila

Cost of Living & Salary Comparison 2026

Hanoi
Vietnam
24.1
COLI Index
#100
Global Rank
VND
Currency
Manila
Philippines
26.8
COLI Index
#90
Global Rank
PHP
Currency

Key Differences

Cost of Living
24.1
26.8
1BR Rent (USD/mo)
$450
$500
Total Deductions
26.9%
21.4%
Exchange Rate
1 VND = 0.0022 PHP
Is Hanoi cheaper than Manila?

Yes, Hanoi is 10% cheaper than Manila based on our cost of living index. Hanoi has a COLI of 24.1, while Manila has a COLI of 26.8. 10% cheaper

Key Takeaways: Hanoi vs Manila

Overall, Hanoi is approximately 10% cheaper than Manila based on our cost of living index. Hanoi has a COLI of 24.1 (ranked #100 of 182 cities), while Manila has a COLI of 26.8 (ranked #90).

When it comes to housing, one-bedroom apartment rent in Hanoi averages $450/month compared to $500/month in Manila. That makes Hanoi approximately 10% cheaper for rent alone.

Manila has lower total deductions (21.4%) compared to Hanoi (26.9%), meaning you keep more of your gross salary in Manila. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Hanoi

Income Tax
16%
Social + Health + Unemployment
10.5%
Total: 26.9%Take-Home: ₫330,459,375/yr

Manila

Income Tax
16%
SSS + PhilHealth + Pag-IBIG
5.0%
Total: 21.4%Take-Home: ₱886,819/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn ₫1,875,000,000 in Hanoi, you would need approximately ₱4,678,829 in Manila to maintain the same purchasing power. That is 10% more due to higher cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Hanoi (VND) Manila (PHP)
Doctor (General) ₫1,084,500,000 ₱2,706,235
Software Engineer ₫512,125,000 ₱1,277,944
Product Manager ₫602,500,000 ₱1,503,464
Lawyer ₫602,500,000 ₱1,503,464
Data Scientist ₫572,375,000 ₱1,428,291
Marketing Manager ₫433,800,000 ₱1,082,494
Teacher ₫289,200,000 ₱721,663
Nurse ₫349,450,000 ₱872,009

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Hanoi (Top 5)

NeighborhoodMultiplier
Hoan Kiem (Old Quarter)1.25x (+25%)
Tay Ho (West Lake)1.22x (+22%)
Ba Dinh1.18x (+18%)
Tay Ho Tay1.15x (+15%)
Hai Ba Trung1.08x (+8%)

Manila (Top 5)

NeighborhoodMultiplier
Makati (CBD)1.28x (+28%)
BGC (Taguig)1.25x (+25%)
Rockwell1.22x (+22%)
Alabang1.10x (+10%)
Ortigas1.08x (+8%)

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Frequently Asked Questions

Is Hanoi or Manila more expensive?

Manila is more expensive overall. Hanoi has a COLI of 24.1 while Manila has a COLI of 26.8, making Hanoi approximately 10% cheaper.

What salary in Manila equals ₫1,875,000,000 in Hanoi?

To maintain the same standard of living as ₫1,875,000,000 in Hanoi, you would need approximately ₱4,678,829 in Manila.

Is rent cheaper in Hanoi or Manila?

Average one-bedroom rent in Hanoi is $450/month compared to $500/month in Manila. Hanoi has lower rent by approximately 10%.

Which city has lower taxes, Hanoi or Manila?

Manila has lower total deductions (21.4%) compared to Hanoi (26.9%), meaning you keep more of your gross salary in Manila.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.