Mongolia cost of living: what expats actually spend
This article breaks down every major expense category in Mongolia for 2026. Scroll to the data table for exact numbers, or jump to the FAQ for quick answers.
Understanding the true cost of living before you move is essential for financial planning. This detailed breakdown covers every major expense category in Mongolia for 2026, using real data from official sources and cost surveys.
Monthly Cost Breakdown
| Category | Monthly Cost | Notes |
|---|---|---|
| Rent (1BR, City Centre) | €350 | Largest expense |
| Rent (3BR, City Centre) | €550 | For families |
| Groceries | €120 | One person, home cooking |
| Public Transport | €25 | Monthly pass |
| Utilities (85m2) | €85 | Electricity, water, heating |
| Dining Out (per meal) | €4 | Inexpensive restaurant |
| Total (Single Person) | €612 | Comfortable lifestyle |
Income vs Expenses
| Income Metric | Amount |
|---|---|
| Average Salary (Gross) | €1,300/month |
| Minimum Wage | €420/month |
| Salary After Rent (1BR) | €950/month |
With an average salary of €1,300 and rent of €350, approximately 27% of income goes to housing.
Considering Mongolia? Our decision engine scores your profile against real visa rules, salary data, and cost of living. Get Your Free Verdict →
Cost Indices (vs New York City = 100)
| Index | Score | Interpretation |
|---|---|---|
| Cost of Living | 31.4 | Significantly cheaper NYC |
| Rent | 17.3 | Much cheaper NYC |
| Groceries | 35.5 | Cheaper NYC |
| Restaurant Prices | 24.7 | Cheaper NYC |
| Local Purchasing Power | 43.0 | Lower than NYC |
Money-Saving Tips
- Shop at local markets: Fresh produce is typically 20-40% cheaper than supermarkets
- Cook at home: Eating in saves 60-70% compared to dining out
- Use public transport: Monthly passes are much cheaper than car ownership
- Live outside the centre: Suburbs offer 20-40% lower rent with reasonable commutes
- Compare utilities: Switch providers for electricity and internet to get better deals
- Student discounts: Available for under-26s on transport, museums, and cultural events
Salary by Sector
| Sector | Entry Level | Median | Senior |
|---|---|---|---|
| It | €19,500 | €28,000 | €39,000 |
| Retail | €6,000 | €8,500 | €12,000 |
| Finance | €18,000 | €26,000 | €36,500 |
| Education | €7,500 | €11,000 | €15,500 |
| Healthcare | €10,000 | €14,500 | €20,500 |
| Engineering | €15,500 | €22,000 | €31,000 |
| Hospitality | €6,500 | €9,500 | €13,500 |
| Construction | €12,500 | €18,000 | €25,000 |
Figures are annual gross salaries in EUR.
Planning to move to Mongolia?
Get your personalised emigration verdict covering visa eligibility, cost of living, and career prospects across 200+ countries.
Get Your Free VerdictFrequently Asked Questions
How much does dining out cost in Mongolia?
A meal at an inexpensive restaurant costs approximately €4. The restaurant price index is 24.7/100 compared to New York City. Budget €120 per month if you eat out regularly.
What are grocery costs in Mongolia?
Monthly grocery costs for one person average approximately €120. The groceries index is 35.5/100 compared to NYC. Shopping at local markets and discount supermarkets can reduce costs significantly.
How does inflation affect costs in Mongolia?
Prices in Mongolia are subject to inflation like anywhere else. The data shown reflects 2026 estimates. Food and energy costs can be particularly volatile. Budget a 5-10% buffer above estimated costs to account for price increases during your stay.
How much are utilities in Mongolia?
Monthly utilities (electricity, heating, water, garbage) for an 85m2 apartment cost approximately €85. Internet typically adds another €20-50/month. In colder climates, heating can significantly increase winter bills.
What is the cheapest city to live in Mongolia?
Cost of living varies significantly within Mongolia. Smaller cities and rural areas are generally 20-40% cheaper than the capital. The national average rent for a 1BR is €350, but you can find significantly lower prices outside major urban areas. Research specific cities before deciding.