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: $1,718 in Italy versus $643 in Mongolia.

Estimated couple costs with rent: $2,621 in Italy versus $1,001 in Mongolia.

Monthly costs for a family of three with rent: $3,524 in Italy versus $1,359 in Mongolia.

Living in Italy is roughly 167% more expensive than in Mongolia on average.

Italy (29% above) and Mongolia (52% below) straddle the global median.

Meal at Budget Restaurant

$17.58 €15.40

$4.67 MNT 16.7K

276.45%

Three-Course Dinner for Two, Mid-Range

$82.5 €72.2

$28.79 MNT 103.2K

186.38%

Fast Food Meal (McDonalds, etc)

$11.72 €10.26

$5.28 MNT 18.9K

121.97%

Cappuccino

$1.92 €1.68

$2.58 MNT 9,264

-25.58%

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

$2.99 €2.62

$0.75 MNT 2,671

298.67%

Water (0.33 liter bottle)

$1.36 €1.19

$0.45 MNT 1,601

202.22%

Local Beer (0.5 liter draught)

$5.76 €5.04

$1.87 MNT 6,717

208.02%

Imported Beer (0.33 liter bottle)

$5.22 €4.57

$2.28 MNT 8,175

128.95%

Milk (1 liter)

$1.69 €1.48

$1.37 MNT 4,906

23.36%

White Bread (500g)

$2.33 €2.04

$0.98 MNT 3,497

137.76%

Rice (white) (1kg)

$3.05 €2.67

$1.86 MNT 6,656

63.98%

Eggs

$3.99 €3.49

$2.14 MNT 7,656

86.45%

Local Cheese (1kg)

$16.68 €14.61

$13.09 MNT 46.9K

27.43%

Chicken Fillets (1kg)

$12.57 €11.01

$5.54 MNT 19.9K

126.90%

Beef Round Steak (1kg)

$20.53 €17.98

$5.66 MNT 20.3K

262.72%

Apples (1kg)

$2.56 €2.24

$3.05 MNT 10.9K

-16.07%

Banana (1kg)

$2.20 €1.93

$2.51 MNT 9,005

-12.35%

Oranges (1kg)

$2.68 €2.35

$3.70 MNT 13.3K

-27.57%

Tomato (1kg)

$3.37 €2.95

$2.68 MNT 9,592

25.75%

Potato (1kg)

$2.04 €1.79

$0.65 MNT 2,332

213.85%

Onion (1kg)

$1.88 €1.65

$1.02 MNT 3,668

84.31%

Lettuce (1 head)

$1.47 €1.29

$1.10 MNT 3,956

33.64%

Water (1.5 liter bottle)

$0.54 €0.47

$0.69 MNT 2,487

-21.74%

Cigarettes 20 Pack (Marlboro, Camel)

$7.00 €6.13

$1.82 MNT 6,521

284.62%

Wine (Bottle)

$7.09 €6.21

$9.79 MNT 35.1K

-27.58%

Local Beer (0.5 liter bottle)

$1.80 €1.58

$1.25 MNT 4,485

44.00%

Imported Beer (0.33 liter bottle)

$2.51 €2.20

$1.70 MNT 6,078

47.65%

One-way Ticket (Public Transport)

$1.96 €1.72

$0.16 MNT 588

1125.00%

Public Transport Monthly Pass (Regular Price)

$41.58 €36.42

$7.52 MNT 26.9K

452.93%

Taxi Start (Normal Tariff)

$5.80 €5.08

$0.58 MNT 2,065

900.00%

Taxi (Normal Tariff) (1km)

$1.60 €1.40

$0.60 MNT 2,165

166.67%

Taxi 1hour Waiting (Normal Tariff)

$35.07 €30.71

$4.33 MNT 15.5K

709.93%

Gasoline (1 liter)

$2.13 €1.87

$1.02 MNT 3,671

108.82%

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

$32.6K €28.5K

$21.8K MNT 78.2M

49.29%

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

$33.8K €29.6K

$16.1K MNT 57.7M

109.84%

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

$225 €197

$72.0 MNT 257.9K

212.63%

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

$13.14 €11.51

$7.19 MNT 25.8K

82.75%

Internet (50+ Mbps, Unlimited Data)

$31.19 €27.31

$14.26 MNT 51.1K

118.72%

Gym Membership (Monthly)

$57.2 €50.1

$48.95 MNT 175.4K

16.77%

Tennis Court (1 Hour on Weekend)

$25.85 €22.64

$12.88 MNT 46.2K

100.70%

Cinema Ticket

$10.34 €9.05

$3.59 MNT 12.9K

188.02%

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

$564 €494

$174 MNT 623.1K

224.40%

International Primary School, 1 Child (Yearly)

$10.3K €9,057

$6,450 MNT 23.1M

60.32%

Jeans (Levis 501 Or Similar)

$91.9 €80.5

$75.2 MNT 269.5K

22.27%

Summer Dress (H&M, Zara, etc)

$40.54 €35.51

$61.4 MNT 220.1K

-33.98%

Sport Shoes (Adidas, Nike)

$98.2 €86.0

$99.5 MNT 356.6K

-1.35%

Men's Leather Business Shoes

$132 €116

$132 MNT 474.0K

-0.13%

1-bedroom Apartment, City Center (Monthly)

$855 €749

$480 MNT 1.7M

78.19%

1-bedroom Apartment, Outside City Center (Monthly)

$663 €581

$372 MNT 1.3M

78.22%

3-bedroom Apartment, City Center (Monthly)

$1,522 €1,333

$1,346 MNT 4.8M

13.10%

3-bedroom Apartment, Outside City Center (Monthly)

$1,089 €954

$740 MNT 2.7M

47.12%

Buy Apartment in City Center (m2)

$3,747 €3,282

$1,828 MNT 6.6M

105.00%

Buy Apartment Outside City Center (m2)

$2,299 €2,013

$932 MNT 3.3M

146.65%

Average Monthly Net Salary (After Tax)

$1,897 €1,661

$595 MNT 2.1M

218.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

-26.50%

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

Last update for Italy: July 11, 2026

Last update for Mongolia: July 13, 2026

Cost Breakdown

National rent averages: $742 in Italy, $206 in Mongolia. Capital cities: $1,328 in Rome vs $511 in Ulaanbaatar.

National salary averages: $1,912 in Italy, $451 in Mongolia. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 260% higher in Italy.

Dining out costs 236% more in Italy.

Public transport is 1367% more expensive in Italy.

Salaries are 324% 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 $1,822 per month in Italy and $564 in Mongolia, there's a 223% 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.