Vietnam, Hanoi

Country Full Name: Socialist Republic of Vietnam.

Location: Vietnam is in South Eastern Asia, bordering the Gulf of Thailand, Gulf of Tonkin, and South China Sea, alongside China, Laos, and Cambodia.

Country Climate: Tropical in south; monsoonal in north with hot, rainy season (May to September) and warm, dry season (October to March).

Country Terrain: Low, flat delta in south and north; central highlands; hilly, mountainous in far north and northwest.

Major Languages: Vietnamese.

Major Religions: Buddhism.

Population: 86.2 million (2008 est.) 87.2 million (2009 est.).

Country Economy: The economy of Vietnam is a developing mixed economy. Over the past 20 years, Vietnam has made a shift from a centrally planned economy to a Socialist-oriented market economy. The economy has experienced rapid growth. Vietnam is in transition from a planned economy to a market-oriented mixed economy.

Currency: Vietnamese Dong (VND).

Inflation: 21.6% (2011 est.).

City: Hanoi is the capital and second-largest city of Vietnam.

City Economy: Industrial production in the city has experienced a rapid boom since the 1990s in addition tourism, finance, and banking now play an increasingly important role.

The cost of living in Hanoi in Vietnam is low compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Hanoi in Vietnam is currently ranked 672 overall out of 950 places (rank 1 is most expensive: rank 950 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are high compared to other places for items such as alcoholic beverages, alcohol at a bar, beer, locally produced spirit, whiskey, and wine (where alcohol is legally sold) as well as for tobacco products such as cigarettes. There are 335 places that are more expensive, and 614 places that are less expensive for alcohol and or tobacco.

Clothing costs are very low compared to other places for items such as clothing and footwear products, business suits, casual clothing, childrens clothing and footwear, coats and hats, evening wear, shoe repairs, and underwear. There are 895 places that are more expensive, and 54 places that are less expensive for clothing.

Communication costs are average compared to other places for various communication costs such as home telephone rental and call charges, internet connection and service provider fees, mobile / cellular phone contract, data, and calls. There are 394 places that are more expensive, and 555 places that are less expensive for communication.

Education costs are very low compared to other places for items such as creche / pre-school fees, high school / college fees, primary school fees, and tertiary study fees. There are 817 places that are more expensive, and 132 places that are less expensive for education.

Furniture & Appliance costs are high compared to other places for items such as furniture, household equipment and appliances, DVD player, fridge freezer, iron, kettle, toaster, microwave, light bulbs, television, vacuum cleaner, and washing machine. There are 352 places that are more expensive, and 597 places that are less expensive for furniture and appliances.

Grocery costs are low compared to other places for items such as food, non-alcoholic beverages and cleaning material items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs . There are 721 places that are more expensive, and 228 places that are less expensive for groceries.

Healthcare costs are low compared to other places for general healthcare, medical and medical insurance, general practitioner consultation rates, hospital private ward daily rate, non-prescription medicine, and private medical insurance / medical aid contributions. There are 712 places that are more expensive, and 237 places that are less expensive for healthcare.

Household Accommodation costs are high compared to other places for items such as housing, water, electricity, household gas, household fuels, local rates and residential taxes, mortgage, house / flat rental, household electricity consumption, household gas / fuel consumption, household water consumption, and local property rates / taxes / levies. There are 299 places that are more expensive, and 650 places that are less expensive for household accommodation.

Miscellaneous costs are very low compared to other places for items such as stationery, linen, general goods and services, domestic help, dry cleaning, linen, office supplies, newspapers and magazines, and postage stamps. There are 840 places that are more expensive, and 109 places that are less expensive for miscellaneous items.

Personal Care costs are low compared to other places for items such as personal care products and services, cosmetics, hair care, moisturizer / sun block, nappies, pain relief tablets, toilet paper, toothpaste, and soap / shampoo / conditioner. There are 715 places that are more expensive, and 234 places that are less expensive for personal care.

Recreation and Culture costs are very low compared to other places for items such as books, camera film, cinema tickets, DVDs and CDs, sports goods, and theatre tickets. There are 905 places that are more expensive, and 44 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are low compared to other places for items such as a business dinner, dinner at a restaurant (non fast food), hotel rates, take away drinks and snacks (fast food). There are 609 places that are more expensive, and 340 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very low compared to other places for items such as public transport, vehicle costs, vehicle fuel, vehicle insurance and vehicle maintenance, hire purchase / lease of vehicle, petrol / diesel, public transport service maintenance, tires, vehicle Insurance, and vehicle purchase. There are 807 places that are more expensive, and 142 places that are less expensive for transport.

Personalized cost of living indexes for Hanoi in Vietnam are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Hanoi in Vietnam is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Hanoi in Vietnam are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is at at 1 January 2012. Create a personalized cost of living comparison report using the calculators:
Salary Purchasing Power Parity Calculator
Cost of Living Index Calculator
Cost of Living Allowance Calculator