Busan vs Hanoi
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Busan vs Hanoi
Hanoi is 69% more affordable for homebuyers. Busan has a price-to-income ratio of 9.5x compared to 9.2x in Hanoi.
| Metric | Busan | Hanoi |
|---|---|---|
| Avg Home Price | $320,000 | $100,000 |
| Price / sqm | $6,500 | $1,800 |
| Rent (1BR) | $550/mo | $400/mo |
| Rent (3BR) | $1,000/mo | $700/mo |
| Price-to-Income | 9.5x | 9.2x |
| Mortgage Rate | 3.8% | 9.5% |
| 1yr Change | +0.8% | +4.5% |
| Median Income | $34,000/yr | $11,000/yr |
| Population | 3,400,000 | 8,000,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Busan or Hanoi more expensive?
Hanoi is more affordable. Home prices differ by $220,000 (69%).
Which city has cheaper rent, Busan or Hanoi?
Rent for a 1BR in Busan is $550/mo vs $400/mo in Hanoi.
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