Can I Afford to Live in Hanoi vs Melbourne on $150K?

Here's how a $150K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Hanoi, VN
$8,944/mo take-home
Rent: $450/mo (5% of take-home)
Very comfortable
Melbourne, AU
$6,000/mo take-home
Rent: $1,600/mo (27% of take-home)
Comfortable

Monthly budget breakdown

Hanoi
VN
Melbourne
AU
Monthly take-home (est.)
$8,944Best ✓
$6,000
1BR rent
$450Best ✓
$1,600
Groceries (est.)
$380Best ✓
$380
Transport (est.)
$150Best ✓
$150
Utilities
$50Best ✓
$130
Internet
$15Best ✓
$62
Left after essentials
$7,899/month
$3,678/month
Hanoi (Hanoi) has no state income tax, boosting take-home vs Melbourne (AU rate: 45%).

Frequently asked questions

Is $150K a good salary in Hanoi?

At $150K/year in Hanoi, your estimated monthly take-home is $8,944. With 1BR rent around $450/month, rent takes up 5% of your take-home. That's considered very comfortable.

Is $150K a good salary in Melbourne?

At $150K/year in Melbourne, your estimated monthly take-home is $6,000. With 1BR rent around $1,600/month, rent takes up 27% of your take-home. That's considered comfortable.

Which city is more affordable on a $150K salary?

Hanoi leaves you with more money after core expenses — $7,899/month vs $3,678/month in Melbourne.

Can I afford to live alone in Hanoi on $150K?

Yes. At $150K in Hanoi, rent takes 5% of your take-home, leaving $7,899/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Hanoi vs Melbourne

$40K$50K$60K$75K$80K$100K$120K

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more — side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo · Q1 2026 · For general guidance only