Cost of Living in Mongolia

Last updated on Dec 11, 2023

Summary: The cost of living in Mongolia is generally considered to be quite affordable. A nice one bedroom apartment in Mongolia can cost anywhere from $400 to $800 per month, while a nice two bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Mongolia is usually around $10 to $15 per person.

Is the cost of living in Mongolia high?

We asked people how much they someone comfortably live on in Mongolia, they wrote:

"The cost of living in Mongolia is generally considered to be quite affordable. Basic necessities such as food, transportation, and housing are relatively inexpensive compared to other countries. However, the cost of imported goods and services can be more expensive. Additionally, the cost of living can vary significantly depending on the city or region," explained one expat living in Mongolia.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.