Salary Equivalence

Hanoi vs Lyon

Quick answer
₫120,000 in Hanoi ≈ ₫206,667 in Lyon

Salary equivalence calculator

₫206,667

Price-level ratio 1.722. Adjust to recalculate.

MetricHanoiLyonDifference
Price level index (NYC=100)36.062.0+72.2%
Rent index (NYC=100)26.044.0+69.2%
Equivalent of ₫120,000₫120,000₫206,667costlier
  • Lyon is about 72% more expensive than Hanoi, so you need a higher nominal salary to break even.

How far does your salary go in Lyon?

Moving from Hanoi to Lyon changes your cost of living in ways a currency conversion can't capture. What matters is purchasing power: how much the same basket of housing, food, transport and services costs in each place. On our index, where New York City = 100, Hanoi sits at 36.0 and Lyon at 62.0.

That makes Lyon roughly 72% more expensive. A salary of ₫120,000 in Hanoi translates to about ₫206,667 in Lyon. Above that and you gain in real terms; below it and you take an effective pay cut.

Housing drives the gap

Rent is the largest and most variable line in most budgets. Lyon's rent index is 44.0 versus Hanoi's 26.0.

Common mistakes

  • Converting currency instead of purchasing power.
  • Ignoring taxes, which vary by jurisdiction.
  • Forgetting one-off relocation costs.

Bottom line

Lyon is about 72% more expensive than Hanoi, so you need a higher nominal salary to break even. Use the calculator to plug in your real salary and compare against any concrete offer.

Rent equivalence: Hanoi vs Lyon

₫3,385

Based on the rent-index ratio of 1.692 (Hanoi 26.0 vs Lyon 44.0, NYC = 100).

Housing is usually the biggest single difference between two cities, and it moves independently of the overall price level. Renting the equivalent home in Lyon costs about 69% more than in Hanoi. Enter your actual rent above to see what a like-for-like place would cost after you move — a more honest gauge of affordability than a raw salary conversion, since renters and owners feel very different impacts.

Frequently asked questions

What salary do I need in Lyon to match Hanoi?

To keep the same standard of living as ₫120,000 in Hanoi, you would need roughly ₫206,667 in Lyon, a price-level ratio of 1.72.

Is Lyon more expensive than Hanoi?

Yes, by about 72% on the overall price level.

How much is rent in Lyon compared to Hanoi?

Rent in Lyon is about 69% higher than in Hanoi (rent indices 26.0 vs 44.0, NYC = 100). Use the rent calculator on this page for your exact figure.

How is the equivalent salary calculated?

We multiply your salary by the ratio of the two cities' composite price-level indices (housing, food, transport, services), benchmarked so New York City = 100.

Methodology

We build a composite price-level index for each city from official regional price parities and international purchasing-power parities across housing, food, transport and services, normalized so New York City = 100. The equivalent salary is your salary multiplied by the ratio of the destination index to the origin index. It estimates the income needed to hold real purchasing power constant and does not model taxes.

DE
Dr. Elena Vasquez
Lead Economist, Cost-of-Living Research

Elena holds a PhD in Economics and has spent 12 years modelling purchasing-power parity and regional price indices.

PhD Economics, LSEFormer OECD statistics fellow
✓ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-06-01
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