Cost of Living: Mongolia vs Singapore

Detailed comparison of living costs and expenses between Mongolia and Singapore.

Data updated: October 2026

Quick Comparison Summary

In simple terms, living in Mongolia is 81.5% cheaper than Singapore. The biggest difference is in Property Prices, where costs are 93.3% lower. This means that for every $100 you spend in Singapore, you would spend about $18 in Mongolia for the same standard of living.

Key Differences

Property Prices 93.3%

Mongolia is 93.3% cheaper

Salaries And Financing 89.3%

Mongolia is 89.3% cheaper

Other Expenses 86.4%

Mongolia is 86.4% cheaper

Cost of Living Index

Overall Difference 81.5%

Mongolia is 81.5% cheaper than Singapore

Most Expensive Categories

  • Clothing And Shoes +2.6%

Is Mongolia cheaper than Singapore?

Yes, Mongolia is cheaper than Singapore

Overall, living costs in Mongolia are 81.5% lower than in Singapore.

Where Mongolia is cheaper:

  • Property Prices 93.3% cheaper
  • Salaries And Financing 89.3% cheaper
  • Other Expenses 86.4% cheaper

Where Mongolia is more expensive:

  • Clothing And Shoes 2.6% more expensive

Practical Examples

Basic restaurant meal

Mongolia: 4.71 $ Singapore: 10.90 $
56.8% cheaper in Mongolia

1-bedroom apartment in city center

Mongolia: 495.58 $ Singapore: 3,140.74 $
84.2% cheaper in Mongolia

Monthly public transport pass

Mongolia: 7.73 $ Singapore: 93.46 $
91.7% cheaper in Mongolia

1 liter of milk

Mongolia: 1.41 $ Singapore: 3.01 $
53.2% cheaper in Mongolia

Summary

Based on comprehensive cost of living data, Mongolia is indeed cheaper than Singapore. You would save approximately 81.5% on living expenses by choosing Mongolia over Singapore. This includes all major expense categories such as housing, food, transportation, and utilities.

Overall Cost of Living Comparison

81.5%

Mongolia is 81.5% cheaper than Singapore

Restaurants

52.7%

Mongolia is 52.7% cheaper than Singapore in this category

Markets

65.8%

Mongolia is 65.8% cheaper than Singapore in this category

Other Expenses

86.4%

Mongolia is 86.4% cheaper than Singapore in this category

Transportation

85.9%

Mongolia is 85.9% cheaper than Singapore in this category

Household Utilities

54.0%

Mongolia is 54.0% cheaper than Singapore in this category

Mobile and Internet

60.3%

Mongolia is 60.3% cheaper than Singapore in this category

Sports And Leisure

49.8%

Mongolia is 49.8% cheaper than Singapore in this category

Childcare

78.3%

Mongolia is 78.3% cheaper than Singapore in this category

Clothing And Shoes

2.6%

Mongolia is 2.6% more expensive than Singapore in this category

Rent Per Month

80.8%

Mongolia is 80.8% cheaper than Singapore in this category

Property Prices

93.3%

Mongolia is 93.3% cheaper than Singapore in this category

Salaries And Financing

89.3%

Mongolia is 89.3% cheaper than Singapore in this category

Detailed Cost Comparison

Item Mongolia Singapore Difference
Basic Restaurant Meal 4.71 $ 10.90 $ 56.8%
Mongolia is 56.8% cheaper
Three-Course Dinner for Two in Mid Range Restaurant 29.43 $ 77.88 $ 62.2%
Mongolia is 62.2% cheaper
McDonald's Fast Food Combo Meal 5.30 $ 7.79 $ 32.0%
Mongolia is 32.0% cheaper
Regular Cappuccino 2.52 $ 4.88 $ 48.4%
Mongolia is 48.4% cheaper
Soft Drink (330ml) 0.72 $ 1.68 $ 57.1%
Mongolia is 57.1% cheaper
Bottled Water (330ml) 0.47 $ 1.22 $ 61.5%
Mongolia is 61.5% cheaper
Bottled Water (1.5L) 0.72 $ 1.52 $ 52.6%
Mongolia is 52.6% cheaper
Local Beer (500ml) 2.20 $ 2.00 $ 10.0%
Mongolia is 10.0% more expensive
Imported Beer (330ml) 2.28 $ 2.49 $ 8.4%
Mongolia is 8.4% cheaper
Mid-Range Wine 7.35 $ 10.00 $ 26.5%
Mongolia is 26.5% cheaper
Local Beer (500ml bottle) 2.33 $ 2.21 $ 5.4%
Mongolia is 5.4% more expensive
Milk (1L) 1.41 $ 3.01 $ 53.2%
Mongolia is 53.2% cheaper
Fresh Bread (500g) 0.93 $ 2.35 $ 60.4%
Mongolia is 60.4% cheaper
White Rice (1kg) 1.94 $ 2.92 $ 33.6%
Mongolia is 33.6% cheaper
Eggs (12 pack) 2.13 $ 3.35 $ 36.4%
Mongolia is 36.4% cheaper
Local Cheese (1kg) 13.32 $ 19.37 $ 31.2%
Mongolia is 31.2% cheaper
Chicken Breast (1kg) 5.22 $ 11.15 $ 53.2%
Mongolia is 53.2% cheaper
Beef (1kg) 11.43 $ 15.21 $ 24.9%
Mongolia is 24.9% cheaper
Apples (1kg) 2.92 $ 4.57 $ 36.1%
Mongolia is 36.1% cheaper
Bananas (1kg) 2.56 $ 2.97 $ 13.8%
Mongolia is 13.8% cheaper
Oranges (1kg) 3.79 $ 4.51 $ 16.0%
Mongolia is 16.0% cheaper
Tomatoes (1kg) 2.64 $ 2.71 $ 2.6%
Mongolia is 2.6% cheaper
Potatoes (1kg) 0.68 $ 2.39 $ 71.5%
Mongolia is 71.5% cheaper
Onions (1kg) 0.98 $ 2.20 $ 55.5%
Mongolia is 55.5% cheaper
Lettuce (1 head) 1.09 $ 1.86 $ 41.4%
Mongolia is 41.4% cheaper
Monthly Transit Pass 7.73 $ 93.46 $ 91.7%
Mongolia is 91.7% cheaper
Cigarettes (20 pack) 1.77 $ 13.05 $ 86.4%
Mongolia is 86.4% cheaper
Single Bus/Train Ticket 0.15 $ 1.56 $ 90.4%
Mongolia is 90.4% cheaper
Taxi Base Fare 0.59 $ 3.58 $ 83.5%
Mongolia is 83.5% cheaper
Taxi per Kilometer 0.59 $ 0.78 $ 24.4%
Mongolia is 24.4% cheaper
Taxi Waiting Hourly Rate 5.30 $ 16.28 $ 67.4%
Mongolia is 67.4% cheaper
Gasoline (1L) 1.02 $ 2.22 $ 54.1%
Mongolia is 54.1% cheaper
New Economy Car 21,777.52 $ 140,192.38 $ 84.5%
Mongolia is 84.5% cheaper
New Mid-Range Car 16,245.59 $ 128,887.54 $ 87.4%
Mongolia is 87.4% cheaper
Monthly Utilities (80m² size) 72.77 $ 158.22 $ 54.0%
Mongolia is 54.0% cheaper
10 GB Mobile Plan with Data 7.27 $ 18.54 $ 60.8%
Mongolia is 60.8% cheaper
High-Speed Internet (> 60 Mbps) 15.16 $ 37.95 $ 60.1%
Mongolia is 60.1% cheaper
Gym Membership 53.95 $ 115.77 $ 53.4%
Mongolia is 53.4% cheaper
Tennis Court (Weekend) 12.69 $ 12.22 $ 3.8%
Mongolia is 3.8% more expensive
Movie Ticket 3.53 $ 11.68 $ 69.8%
Mongolia is 69.8% cheaper
Private Preschool (Full Day) 176.57 $ 1,272.43 $ 86.1%
Mongolia is 86.1% cheaper
International School (Yearly) 6,549.48 $ 29,780.50 $ 78.0%
Mongolia is 78.0% cheaper
1 Pair of Jeans 74.52 $ 80.91 $ 7.9%
Mongolia is 7.9% cheaper
1 Summer Dress 60.96 $ 42.93 $ 42.0%
Mongolia is 42.0% more expensive
1 Pair of Running Shoes 98.75 $ 105.33 $ 6.2%
Mongolia is 6.2% cheaper
1 Pair of Business Shoes 130.59 $ 126.28 $ 3.4%
Mongolia is 3.4% more expensive
1-Bedroom Apartment (City Center) 495.58 $ 3,140.74 $ 84.2%
Mongolia is 84.2% cheaper
1-Bedroom Apartment (Suburbs) 393.61 $ 2,267.71 $ 82.6%
Mongolia is 82.6% cheaper
3-Bedroom Apartment (City Center) 1,329.16 $ 6,205.41 $ 78.6%
Mongolia is 78.6% cheaper
3-Bedroom Apartment (Suburbs) 731.52 $ 3,723.55 $ 80.4%
Mongolia is 80.4% cheaper
Apartment Price (City Center) per m² 1,575.93 $ 22,697.92 $ 93.1%
Mongolia is 93.1% cheaper
Apartment Price (Suburbs) per m² 944.71 $ 15,076.91 $ 93.7%
Mongolia is 93.7% cheaper
Average Monthly Salary (after tax) 437.02 $ 4,151.48 $ 89.5%
Mongolia is 89.5% cheaper
20-Year Fixed Mortgage Rate 6.00 3.17 89.3%
Mongolia is 89.3% more expensive

Cost of Living Calculator

Calculate how your current expenses would change if you moved to Singapore. Enter your monthly expenses in Mongolia to see the equivalent costs.

Housing

Food & Dining

Transportation

Other Expenses

Our Methodology

Our cost of living comparisons are based on a robust methodology that combines multiple data sources and regular updates to ensure accuracy:

Data Collection

  • Regular price surveys conducted in major cities
  • Official government statistics and economic indicators
  • User-contributed data from expatriates and local residents
  • Real estate market reports and rental price indices
  • Consumer price indices and inflation data

Calculation Methods

  • Prices are normalized to USD for consistent comparison
  • Exchange rates are updated monthly
  • Regional price variations are weighted by population
  • Seasonal fluctuations are accounted for in the averages
  • Quality of life factors are considered in the overall assessment

Quality Assurance

  • Data is verified by local experts
  • Regular cross-checking with multiple sources
  • User feedback is incorporated into updates
  • Statistical outliers are identified and reviewed
  • Methodology is reviewed quarterly

Note: While we strive for accuracy, cost of living data can vary significantly within countries and cities. These comparisons should be used as a general guide, and we recommend conducting additional research for specific locations.

Lifestyle Impact

Understanding the cost of living differences between Mongolia and Singapore goes beyond just numbers. Here's how these differences might affect your daily life:

Daily Living

  • Grocery shopping habits and meal planning
  • Public transportation usage vs. car ownership
  • Frequency of dining out and entertainment
  • Healthcare access and insurance coverage
  • Housing choices and neighborhood selection

Long-term Planning

  • Savings and investment strategies
  • Retirement planning considerations
  • Education costs for children
  • Property ownership opportunities
  • Business and career development

Quality of Life Considerations

While cost of living is important, it's just one aspect of quality of life. Consider also:

  • Healthcare system quality and accessibility
  • Education system standards
  • Public safety and security
  • Environmental quality
  • Cultural and recreational opportunities
  • Work-life balance norms

Making the Most of Your Budget

Tips for adapting to cost of living differences:

  • Research local shopping habits and markets
  • Learn about public transportation options
  • Understand local tax systems and benefits
  • Explore community resources and discounts
  • Network with locals for insider tips

Local Insights for Mongolia vs Singapore

While both countries have similar overall costs, there are nuanced differences in how money is spent on daily necessities.

Cultural Cost Differences

Mongolia

Singapore

  • Lower grocery costs suggest different shopping and consumption patterns.
  • Lower fuel costs indicate different transportation infrastructure.

Seasonal Cost Variations

Both countries experience moderate seasonal variations in living costs, with prices typically higher during peak tourist seasons and major holidays.

Explore more

Cost of living in Mongolia Cost of living in Singapore

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