Hanoi sits firmly at the affordable end of Asian capitals. The Old Quarter keeps accommodation competitive, street food is plentiful, and most historic sites charge either nothing or a token entry fee. Costs have edged up since 2019, but a well-planned day still leaves change from USD 30 on a tight budget.
Budget traveller: USD 25β35 per day
This tier is realistic if you sleep in dorms and eat primarily from street stalls and local cafes.
Accommodation: A dorm bed in a reputable Old Quarter hostel costs β«150,000β250,000 (USD 6β10) per night. Private rooms in budget guesthouses start around β«350,000β500,000 (USD 14β20). Search Hanoi hotels to compare current rates.
Food: Breakfast pho or banh mi from a street cart: β«25,000β40,000 (USD 1β1.60). A bun cha lunch on a plastic stool: β«40,000β60,000 (USD 1.60β2.40). A cheap local dinner at a sit-down restaurant: β«70,000β120,000 (USD 2.80β4.80). Budget daily food spend: USD 6β10.
Transport: Grab bike across the Old Quarter: β«15,000β25,000 (USD 0.60β1). Pick up a data plan before you land with a Vietnam eSIM or SIM. A walk-everywhere day in the Old Quarter costs nothing. The Hanoi metro (Cat LinhβHa Dong line) charges β«8,000β15,000 (USD 0.30β0.60) per trip. Noi Bai airport transfers cost more than city rides, so pre-book a Hanoi airport transfer to fix the price.
Activities: Hoan Kiem Lake and the Ngoc Son Temple are free to walk around (temple entry β«30,000 / USD 1.20). Ho Chi Minh Mausoleum complex is free. The Vietnam Museum of Ethnology charges β«40,000 (USD 1.60). One activity every other day: average USD 1β2 per day.
Realistic budget total: USD 25β35 per day
Mid-range: USD 55β90 per day
A private en-suite room in a 2-star hotel or boutique guesthouse costs β«500,000β1,000,000 (USD 20β40). Add two or three proper restaurant meals (β«150,000β300,000 / USD 6β12 each), a Grab car rather than a bike, and one paid activity such as a street food walking tour (β«400,000β600,000 / USD 16β24) (browse Hanoi tours), and the day climbs to USD 55β90 comfortably.
Entry fees are still modest at this level - the Temple of Literature costs β«30,000 (USD 1.20), the Vietnam Fine Arts Museum β«40,000 (USD 1.60).
Splurge: USD 150β250+ per day
Boutique hotels on Hang Trong or in the French Quarter run β«2,000,000β5,000,000 (USD 80β200) per night. A set dinner at a well-regarded restaurant like Chie or La Badiane: β«600,000β1,200,000 (USD 24β48) per person. A half-day cooking class with market visit: β«700,000β1,200,000 (USD 28β48). A private car for the day: β«800,000β1,400,000 (USD 32β56).
At this tier, Ha Long Bay or Ninh Binh day trips via private car (β«2,000,000β3,500,000 / USD 80β140) are realistic add-ons.
How Hanoi compares to nearby cities
| City | Budget dorm | Street meal | Grab bike (2 km) |
|---|---|---|---|
| Hanoi | USD 7β10 | USD 1.50β2.50 | USD 0.60β1.00 |
| Ho Chi Minh City | USD 8β12 | USD 1.50β2.80 | USD 0.80β1.20 |
| Hoi An | USD 10β15 | USD 1.80β3.00 | USD 0.80β1.20 |
| Da Nang | USD 10β14 | USD 1.80β3.00 | USD 0.80β1.20 |
Hanoi edges out the others slightly on dorm pricing and street food. Ho Chi Minh City is broadly comparable but has more upscale options; Hoi An and Da Nang tend to run 10β20% higher at the budget end because of their higher tourist-to-local ratios.
Money-saving tips for Hanoi
Eat where locals eat. Avoid restaurants with laminated tourist menus near St Josephβs Cathedral or the lake. Walk one or two streets back and prices drop immediately.
Walk the Old Quarter. Most of Hanoiβs sights are within a 30-minute walk of each other. Save Grab fares for crossing the city to Tay Ho or Ba Dinh.
Book Hoan Kiem-area street food tours early. Night walking tours that fill up cost less per hour of experience than paid museums, and you eat well in the process.
Avoid ticket scams near the Mausoleum. The Ho Chi Minh Mausoleum complex is free - anyone charging entry at the gate is not official.
Use ATMs inside banks. Agribank and Vietcombank ATMs charge lower fees than standalone machines near tourist sites.
Buy a SIM on day one. A Viettel or Vinaphone tourist SIM with 5β10 GB costs β«50,000β100,000 (USD 2β4) and prevents roaming charges for the entire Hanoi leg.