Prices and Cost of Living in Mongolia

Food and beverage prices in Mongolia

Popular food products found on store shelves in Mongolia include bananas, rice, bread, onions, eggs, tomatoes, cheese, beef and potatoes, among others. Prices for a kilo of these products range from 3100 MNT (0.91 USD) for a kilo of onions to 16278 MNT (4.79 USD) for a kilo of beef. The price of white rice is 4378 MNT (1.29 USD) per kilo, while a loaf of fresh white bread costs 2042 MNT (0.6 USD) per half kilo. Bananas cost 8509 MNT (2.5 USD) per kilo, while apples cost 9530 MNT (2.8 USD) per kilo.

Water, available in 1.5-liter bottles, costs 1644 MNT (0.48 USD). Dairy prices in Mongolia, on the other hand, are as follows: 1 liter of milk costs about 3633 MNT (1.07 USD), and 1 kilogram of locally produced cheese is an expense of 26250 MNT (7.73 USD). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 13682 MNT (4.03 USD) per kilo. Eggs (12 pieces per package) are an expense of about 6040 MNT (1.78 USD), and the average price of tomatoes is 10778 MNT (3.17 USD) per kilo.

What is the typical cost for an affordable meal?

Prices in restaurants in Mongolia vary and depend on several factors, such as the type of restaurant, location and time of day. For instance, a Cappuccino typically costs around 7527 MNT (2.22 USD), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 2704 MNT (0.8 USD). At a fast-food restaurant such as McDonald's, you can expect to pay 15000 MNT (4.41 USD) for a meal, whereas a meal for two at a mid-range restaurant could cost around 100000 MNT (29.43 USD). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 15000 MNT (4.41 USD).

How much does transportation cost in Mongolia?

The average expense of a one-way trip using local transportation stands at approximately 500 MNT (0.15 USD), while a monthly ticket for public transportation has an average cost of roughly 20000 MNT (5.89 USD). Choosing to travel by taxi would entail an initial fee of 1500 MNT (0.44 USD), along with a per-kilometer charge of 1500 MNT (0.44 USD).

Fuel prices in Mongolia

Average fuel prices in Mongolia are 5049 MNT (1.49 USD) per liter of gasoline and 4635 MNT (1.36 USD) per liter of diesel. A liter of LPG autogas costs 2311 MNT (0.68 USD).

How much does it cost to rent an apartment in Mongolia?

The cost of renting or buying an apartment in Mongolia varies according to its location. On average, renting an apartment with one bedroom and a living room outside the city center costs approximately 593652 MNT (175 USD) per month, while the same type of apartment in the city center can cost around 991217 MNT (292 USD) per month. In comparison, the purchase price of an apartment in the city center is 4255560 MNT (1252 USD) per square meter.