Cost of Living Comparison Between Italy and Mongolia Cost of Living Comparison Between Italy and Mongolia

Name: Mongolia
Address: MN

Monthly Cost of Living

Monthly costs for one person with rent: $1,796 in Italy versus $620 in Mongolia.

Estimated couple costs with rent: $2,739 in Italy versus $1,016 in Mongolia.

Monthly costs for a family of three with rent: $3,682 in Italy versus $1,411 in Mongolia.

Living in Italy is roughly 190% more expensive than in Mongolia on average.

Italy (30% above) and Mongolia (55% below) straddle the global median.

Meal at Budget Restaurant

$21.24 €18.31

$5.61 MNT 20.2K

278.61%

Three-Course Dinner for Two, Mid-Range

$80.8 €69.7

$31.00 MNT 111.5K

160.74%

Fast Food Meal (McDonalds, etc)

$11.41 €9.84

$5.30 MNT 19.1K

115.28%

Cappuccino

$2.08 €1.79

$2.34 MNT 8,430

-11.11%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.05 €2.63

$0.79 MNT 2,848

286.08%

Water (0.33 liter bottle)

$1.38 €1.19

$0.58 MNT 2,069

137.93%

Local Beer (0.5 liter draught)

$5.79 €4.99

$2.33 MNT 8,371

148.50%

Imported Beer (0.33 liter bottle)

$5.75 €4.96

$3.41 MNT 12.3K

68.62%

Milk (1 liter)

$1.70 €1.46

$1.41 MNT 5,082

20.57%

White Bread (500g)

$2.41 €2.08

$0.94 MNT 3,390

156.38%

Rice (white) (1kg)

$3.01 €2.59

$2.10 MNT 7,553

43.33%

Eggs

$4.32 €3.72

$2.11 MNT 7,574

104.74%

Local Cheese (1kg)

$17.93 €15.45

$9.50 MNT 34.2K

88.74%

Chicken Fillets (1kg)

$12.67 €10.92

$5.13 MNT 18.5K

146.98%

Beef Round Steak (1kg)

$20.57 €17.73

$6.52 MNT 23.5K

215.49%

Apples (1kg)

$2.62 €2.26

$3.09 MNT 11.1K

-15.21%

Banana (1kg)

$2.15 €1.85

$2.19 MNT 7,889

-1.83%

Oranges (1kg)

$2.80 €2.41

$3.78 MNT 13.6K

-25.93%

Tomato (1kg)

$3.32 €2.87

$3.06 MNT 11.0K

8.50%

Potato (1kg)

$2.10 €1.81

$0.78 MNT 2,803

169.23%

Onion (1kg)

$1.89 €1.63

$0.94 MNT 3,372

101.06%

Lettuce (1 head)

$1.55 €1.33

$1.67 MNT 5,988

-7.19%

Water (1.5 liter bottle)

$0.56 €0.48

$0.76 MNT 2,731

-26.32%

Cigarettes 20 Pack (Marlboro, Camel)

$7.16 €6.17

$1.69 MNT 6,093

323.67%

Wine (Bottle)

$7.35 €6.33

$9.63 MNT 34.6K

-23.68%

Local Beer (0.5 liter bottle)

$1.80 €1.55

$1.44 MNT 5,180

25.00%

Imported Beer (0.33 liter bottle)

$2.41 €2.07

$1.77 MNT 6,375

36.16%

One-way Ticket (Public Transport)

$1.93 €1.66

$0.29 MNT 1,054

565.52%

Public Transport Monthly Pass (Regular Price)

$45.24 €39.00

$16.82 MNT 60.5K

168.97%

Taxi Start (Normal Tariff)

$5.74 €4.95

$0.51 MNT 1,828

1025.49%

Taxi (Normal Tariff) (1km)

$1.70 €1.47

$0.57 MNT 2,064

198.25%

Taxi 1hour Waiting (Normal Tariff)

$35.25 €30.38

$6.22 MNT 22.4K

466.72%

Gasoline (1 liter)

$2.04 €1.76

$1.05 MNT 3,779

94.29%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$37.5K €32.3K

$27.7K MNT 99.7M

35.33%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$37.1K €31.9K

$32.3K MNT 116.2M

14.66%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$231 €199

$71.5 MNT 257.1K

223.07%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$12.34 €10.64

$7.32 MNT 26.3K

68.58%

Internet (50+ Mbps, Unlimited Data)

$31.17 €26.87

$12.23 MNT 44.0K

154.87%

Gym Membership (Monthly)

$55.2 €47.62

$67.5 MNT 242.7K

-18.15%

Tennis Court (1 Hour on Weekend)

$24.91 €21.47

$17.39 MNT 62.5K

43.24%

Cinema Ticket

$11.13 €9.59

$4.11 MNT 14.8K

170.80%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$568 €490

$771 MNT 2.8M

-26.33%

International Primary School, 1 Child (Yearly)

$12.5K €10.8K

$8,119 MNT 29.2M

54.32%

Jeans (Levis 501 Or Similar)

$93.0 €80.1

$78.7 MNT 283.1K

18.06%

Summer Dress (H&M, Zara, etc)

$39.82 €34.32

$48.67 MNT 175.0K

-18.18%

Sport Shoes (Adidas, Nike)

$104 €89.8

$101 MNT 362.5K

3.36%

Men's Leather Business Shoes

$135 €116

$166 MNT 598.0K

-18.81%

1-bedroom Apartment, City Center (Monthly)

$852 €734

$575 MNT 2.1M

48.04%

1-bedroom Apartment, Outside City Center (Monthly)

$645 €556

$433 MNT 1.6M

48.82%

3-bedroom Apartment, City Center (Monthly)

$1,449 €1,249

$1,646 MNT 5.9M

-11.97%

3-bedroom Apartment, Outside City Center (Monthly)

$1,084 €935

$989 MNT 3.6M

9.61%

Buy Apartment in City Center (m2)

$3,813 €3,287

$1,783 MNT 6.4M

113.86%

Buy Apartment Outside City Center (m2)

$2,357 €2,032

$937 MNT 3.4M

151.43%

Average Monthly Net Salary (After Tax)

$1,933 €1,666

$580 MNT 2.1M

233.45%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.57

9.6

-62.81%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Italy: September 5, 2026

Last update for Mongolia: September 7, 2026

Cost Breakdown

National rent averages: $755 in Italy, $168 in Mongolia. Capital cities: $1,247 in Rome vs $586 in Ulaanbaatar.

National salary averages: $1,964 in Italy, $444 in Mongolia. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 349% higher in Italy.

Dining out costs 204% more in Italy.

Public transport is 514% more expensive in Italy.

Salaries are 342% higher in Italy, and purchasing power comes out stronger in Italy.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Italy vs Mongolia: Cost of Living - Frequently Asked Questions

At $1,889 per month in Italy and $580 in Mongolia, there's a 226% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Day-to-day life is simply cheaper in Mongolia: lower food prices, cheaper commutes, smaller household bills. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent in Italy is consistently higher than in Mongolia across the board, especially in major cities. Housing is usually the single biggest driver of the overall cost difference between the two countries.

In Mongolia, $1,000 covers most cities easily; in Italy it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after: Mongolia wins on affordability; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.