Cost of living and expenses in Mongolia

What are the costs of living, how much do you have to spend on fees and expenses in Mongolia? What is the cost of a mortgage, what are the average earnings in Mongolia, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Mongolia (The last update: 3 days ago)

Currency in Mongolia Mongolian tugrik (MNT). For 10 US dollars you can get 34 thousand Mongolian tugriks. For 100 US dollars you can get 340 thousand Mongolian tugriks. And the other way around: For 100 Mongolian tugriks you can get 0.0294 US dollars.


What are the different prices in the cities in Mongolia? Look here: Prices in cities in Mongolia

Prices: Mandalgovi   Ulaanbaatar   Erdenet   Darkhan   Bulgan   Choyr   Nalaikh (Nalayh)  


Price fees $71 ($41 - $111)

fees

$71 ($41 - $111)
66% is less expensive than in United States

Price internet $12.1 ($5.9 - $14.7)

internet

$12.1 ($5.9 - $14.7)
83% is less expensive than in United States

Price jeans $48 ($16.2 - $112)

jeans

$48 ($16.2 - $112)
8.7% is less expensive than in United States

Price average earnings $350

average earnings

$350
92% is less expensive than in United States

Price renting a small apartment in the center $457 ($294 - $795)

renting a small apartment in the center

$457 ($294 - $795)
74% is less expensive than in United States

Price renting a large apartment outside the center $578 ($353 - $883)

renting a large apartment outside the center

$578 ($353 - $883)
76% is less expensive than in United States

The cost of living in Mongolia:

  1. One-way Ticket (Local Transport) $0.15 (MNT 500)
  2. Monthly Pass (Regular Price) $7.4 (MNT 25K)
  3. Gasoline (1 liter) $0.97 (MNT 3.3K)
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $20K (MNT 68M)
  5. Apartment (1 bedroom) in city centre $457 (MNT 1.55M)
  6. Apartment (1 bedroom) outside of centre $306 (MNT 1.04M)
  7. Apartment (3 bedrooms) in city centre $850 (MNT 2.89M)
  8. Apartment (3 bedrooms) outside of centre $578 (MNT 1.96M)
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $71 (MNT 241K)
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $12.1 (MNT 41.3K)
  11. numb_34 $7.5 (MNT 25.6K)
  12. 1 pair of jeans (Levis 501 or similar) $48 (MNT 163K)
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $35 (MNT 119K)
  14. 1 pair of Nike running shoes or similar $80 (MNT 272K)
  15. 1 pair of men's leather shoes $99 (MNT 338K)
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $17.7K (MNT 60.2M)
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $145 (MNT 493K)
  18. Price per square meter for an apartment in the city center $1.4K (MNT 4.76M)
  19. International Primary School, Annually for 1 Child $6.09K (MNT 20.7M)
  20. Price per square meter for an apartment outside of city centre $888 (MNT 3.02M)
  21. Average Monthly Net Salary (After Tax) $350 (MNT 1.19M)
  22. Mortgage annual interest rate in percentages (%) 6.5%
  23. Taxi starting fare (normal tariff) $0.59 (MNT 2K)
  24. Taxi 1km (Normal Tariff) $0.59 (MNT 2K)
  25. Taxi 1 hour waiting (normal tariff) $2.6 (MNT 9K)
source: hikersbay.com & numbeo.com

Do you want to learn more about different prices? See the following comparison:

Burger King or a similar bar

$4.4 ($4.4 - $5.9)
by half less than in United States

renting a small apartment in the center

$457 ($294 - $795)
74% is less expensive than in United States

cheese

$12.9 ($8.8 - $24)
Very much like in United States

internet

$12.1 ($5.9 - $14.7)
83% is less expensive than in United States

local beer

$1.7 ($0.74 - $2.9)
72% is less expensive than in United States

bananas

$2.6 ($2.1 - $4.4)
by half more than in United States