East Asia
Cost of living in Mongolia
34%of US price level
Is Mongolia expensive?
Prices in Mongolia are about 34% of US price levels (World Bank PPP). The most affordable place we cover is Terelj, at about $550โ962 a month for a comfortable life.
Cost of living in Mongolia, by place
One person, rent included. SoloSquare estimates in US$.
| Place | Month, comfortable | 1-bed rent, center | Local meal | Value |
|---|---|---|---|---|
| Terelj | $550โ962 | โ | $2.7โ5.5 | 91/100 |
| Gobi Desert | $687โ1,240 | โ | $2.2โ4.9 | 79/100 |
| Lake Khuvsgul | $687โ1,240 | โ | $2.7โ5.5 | 78/100 |
| Ulaanbaatar | $825โ1,370 | $412โ825 | $2.2โ4.9 | 52/100 |
Cost of living by place
Sources
- World Bank: PPP conversion factor
- US State Department travel advisory
- Mongolia e-Visa
- Immigration Agency of Mongolia
- UK FCDO travel advice: Mongolia
- Speedtest Global Index: Mongolia
- World Bank open data
Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.