Cost of Living in Mongolia 2026 — Rent, Food, Tax & BudgetAll figures are shown in EUR for comparability. The local currency of Mongolia is the Mongolian tögrög (MNT).
Monthly Living Costs in Mongolia
Average prices from our cost dataset, re-checked on a rolling basis:
1BR Rent
per month, city average
3BR Rent
per month, city average
Groceries
per month, single person
Transport
per month, public transit pass
Utilities
per month, basic apartment
Meal Out
typical price per meal
Monthly budget (single person): €580 (1-bedroom rent + groceries + transport + utilities)
Monthly budget (couple): €725 (shared 1-bedroom rent, two of everything else)
These are national averages — actual costs vary by city and lifestyle.
How Expensive Is Mongolia Overall?
| Indicator | Value |
|---|---|
| Cost-of-living index (market data; higher = more expensive) | 33 |
| Rent index | 17.3 |
| Groceries index | 35.5 |
| Restaurant price index | 24.7 |
| Local purchasing-power index (higher = stronger) | 43 |
| Price level index (World Bank, 2024; US = 100) | 35.3 |
| Property price-to-income ratio | 11.4 |
Salaries by Sector
Typical gross annual salaries in Mongolia from our sector dataset:
| Sector | Typical gross annual (EUR) |
|---|---|
| IT & Software | €28,000 |
| Finance | €26,000 |
| Engineering | €22,000 |
| Construction | €18,000 |
| Healthcare | €14,500 |
| Education | €11,000 |
| Hospitality | €9,500 |
| Retail | €8,500 |
Taxes in Mongolia
Headline tax figures that shape your take-home pay:
| Tax | Rate / amount |
|---|---|
| Effective income tax at €90k gross | 12.5% |
| Net monthly pay at €90k gross | €5,833 |
| VAT / sales tax | 10% |
| Top personal income-tax rate | 20% |
Worked example: on a €90,000 gross salary, net pay is about €5,833 per month. After rent and essentials (€580), roughly €5,253 per month is left for savings and discretionary spending.
How Mongolia Compares to Its Neighbours
| Country | 1BR Rent | Groceries | Transport | Cost index |
|---|---|---|---|---|
| Mongolia | €350 | €120 | €25 | 33 |
| China | €650 | €180 | €25 | 50.9 |
| Russia | €650 | €300 | €35 | 43.1 |
| Japan | €850 | €280 | €65 | 62.5 |
Quality of Life Metrics
Beyond cost, these factors shape everyday life in Mongolia:
Safety index
Healthcare index
Internet speed
English proficiency
Life expectancy
Expat satisfaction
What It Costs to Get In: Visas & Residence
We track 5 residence and visa routes for Mongolia — see the full Mongolia visa programme list.
Our engine estimates a minimum financial viability of €580 per month to sustain a move to Mongolia.
Frequently Asked Questions
Is Mongolia expensive?
Mongolia has a cost-of-living index of 33 (higher = more expensive). A 1-bedroom apartment averages €350 per month and a single person spends about €580 per month on rent plus essentials.
How much money do I need per month in Mongolia?
About €580 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €725 per month.
What is the average rent in Mongolia?
A 1-bedroom apartment averages €350 per month and a 3-bedroom apartment averages €550 per month in Mongolia. Prices vary significantly between city centres and smaller towns.
What do people earn in Mongolia?
Typical gross annual salaries in Mongolia range from €8,500 (Retail) to €28,000 (IT & Software), based on our sector dataset.
Ready for the next step? See the full Mongolia country profile and the Mongolia emigration guide.
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