Data last updated: August 2026

Chicago, ILHanoi, Vietnam

You would need around 84.0% less money in Hanoi, Vietnam to maintain the same standard of living you have in Chicago, IL.

Overall Cost of Living

84.0%

Hanoi, Vietnam is cheaper than Chicago, IL

1-Bed Rent (City Center)

City A2,406 USD
City B420 USD
Difference-82.5%

Groceries (Monthly)

City A293 USD
City B43 USD
Difference-85.3%

Average Net Salary

City A5,136 USD
City B507 USD
Difference-90.1%

Editorial Insight: Planning a move from Chicago, IL to Hanoi, Vietnam? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Hanoi, Vietnam is 84.0% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Hanoi, Vietnam's center costs around 420 USD, which is a staggering 82.5% less than in Chicago, IL. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

Pro Tip:Since you'll be managing money across borders and currencies, we highly recommend setting up a borderless account like Wise (formerly TransferWise) before you move to avoid heavy bank exchange fees.Check out Wise

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Chicago, IL and Hanoi, Vietnam is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Hanoi, Vietnam to maintain your current lifestyle in Chicago, IL.

USD

You need in Hanoi, Vietnam

820 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Chicago, IL to Hanoi, Vietnam and investing the 84% cost of living difference, you could reach FIRE 10.0 years earlier.

Budget Simulator

Instantly adapt your Chicago, IL budget to local Hanoi, Vietnam prices. We automatically adjust housing, groceries, and leisure categories.

Housing420 USD
Groceries43 USD
Utilities & Internet8 USD

Investment Planner

You save 1986 USD every month on rent alone by moving to Hanoi, Vietnam.

Investing this rent difference in an S&P 500 index fund could grow to ~333,648 USD in 10 years.