Last update: Oct 2026

Cost of Living Comparison Between Mongolia and Budapest

For one person, living is cheaper in Mongolia: $1,126 a month against $1,621 in Budapest, rent and utilities included – about $5,900 less a year. Rent and utilities account for most of the difference.

55

Cost of Living Index in Mongolia
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Mongolia Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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🇲🇳 Mongolia

$1,126

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

🙂 Solo nomad: Mongolia is 23.5% cheaper than Budapest without rent, and 30.5% cheaper with rent.

🙂 Family of 3: Mongolia is 27.7% cheaper than Budapest without rent, and 28.3% cheaper with rent.

Meal at Budget Restaurant

$5.72 MNT 20.6K

$13.99 Ft 4,551

-59.11%

Three-Course Dinner for Two, Mid-Range

$29.61 MNT 106.4K

$60.3 Ft 19.6K

-50.93%

Fast Food Meal (McDonalds, etc)

$5.36 MNT 19.3K

$9.96 Ft 3,241

-46.18%

Cappuccino

$2.37 MNT 8,505

$3.38 Ft 1,100

-29.88%

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

$0.84 MNT 3,027

$2.13 Ft 692

-60.56%

Water (0.33 liter bottle)

$0.58 MNT 2,088

$1.87 Ft 608

-68.98%

Local Beer (0.5 liter draught)

$2.38 MNT 8,553

$3.75 Ft 1,221

-36.53%

Imported Beer (0.33 liter bottle)

$3.43 MNT 12.3K

$3.57 Ft 1,162

-3.92%

Milk (1 liter)

$1.42 MNT 5,101

$1.13 Ft 368

25.66%

White Bread (500g)

$1.00 MNT 3,598

$1.84 Ft 599

-45.65%

Rice (white) (1kg)

$2.17 MNT 7,792

$2.39 Ft 777

-9.21%

Eggs

$2.06 MNT 7,402

$3.83 Ft 1,245

-46.21%

Local Cheese (1kg)

$10.00 MNT 35.9K

$11.33 Ft 3,686

-11.74%

Chicken Fillets (1kg)

$5.08 MNT 18.3K

$6.74 Ft 2,192

-24.63%

Beef Round Steak (1kg)

$6.54 MNT 23.5K

$14.69 Ft 4,780

-55.48%

Apples (1kg)

$3.06 MNT 11.0K

$1.84 Ft 597

66.30%

Banana (1kg)

$2.19 MNT 7,873

$2.01 Ft 653

8.96%

Oranges (1kg)

$3.73 MNT 13.4K

$2.36 Ft 767

58.05%

Tomato (1kg)

$3.05 MNT 11.0K

$3.77 Ft 1,226

-19.10%

Potato (1kg)

$0.81 MNT 2,912

$0.96 Ft 313

-15.62%

Onion (1kg)

$0.88 MNT 3,177

$1.03 Ft 334

-14.56%

Lettuce (1 head)

$1.73 MNT 6,213

$1.56 Ft 509

10.90%

Water (1.5 liter bottle)

$0.81 MNT 2,926

$0.66 Ft 216

22.73%

Cigarettes 20 Pack (Marlboro, Camel)

$1.65 MNT 5,945

$7.96 Ft 2,591

-79.27%

Wine (Bottle)

$9.89 MNT 35.5K

$6.01 Ft 1,954

64.56%

Local Beer (0.5 liter bottle)

$1.39 MNT 4,991

$1.30 Ft 421

6.92%

Imported Beer (0.33 liter bottle)

$1.69 MNT 6,082

$2.08 Ft 676

-18.75%

One-way Ticket (Public Transport)

$0.29 MNT 1,042

$1.50 Ft 489

-80.67%

Public Transport Monthly Pass (Regular Price)

$16.53 MNT 59.4K

$27.61 Ft 8,982

-40.13%

Taxi Start (Normal Tariff)

$0.55 MNT 1,981

$3.30 Ft 1,074

-83.33%

Taxi (Normal Tariff) (1km)

$0.56 MNT 2,028

$1.30 Ft 424

-56.92%

Taxi 1hour Waiting (Normal Tariff)

$6.23 MNT 22.4K

$19.78 Ft 6,436

-68.50%

Gasoline (1 liter)

$1.10 MNT 3,962

$1.81 Ft 591

-39.23%

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

$27.9K MNT 100.1M

$29.3K Ft 9.5M

-4.98%

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

$32.1K MNT 115.2M

$34.1K Ft 11.1M

-6.02%

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

$70.1 MNT 251.8K

$170 Ft 55.3K

-58.76%

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

$7.13 MNT 25.6K

$23.98 Ft 7,802

-70.27%

Internet (50+ Mbps, Unlimited Data)

$12.22 MNT 43.9K

$23.42 Ft 7,621

-47.82%

Gym Membership (Monthly)

$66.3 MNT 238.1K

$66.2 Ft 21.6K

0.06%

Tennis Court (1 Hour on Weekend)

$17.55 MNT 63.1K

$19.18 Ft 6,239

-8.50%

Cinema Ticket

$4.06 MNT 14.6K

$9.52 Ft 3,098

-57.35%

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

$769 MNT 2.8M

$537 Ft 174.6K

43.31%

International Primary School, 1 Child (Yearly)

$8,058 MNT 29.0M

$16.6K Ft 5.4M

-51.48%

Jeans (Levis 501 Or Similar)

$78.2 MNT 280.9K

$101 Ft 33.0K

-22.86%

Summer Dress (H&M, Zara, etc)

$48.93 MNT 175.8K

$42.99 Ft 14.0K

13.82%

Sport Shoes (Adidas, Nike)

$100 MNT 360.5K

$113 Ft 36.7K

-11.02%

Men's Leather Business Shoes

$164 MNT 589.7K

$119 Ft 38.6K

38.25%

1-bedroom Apartment, City Center (Monthly)

$563 MNT 2.0M

$805 Ft 262.0K

-30.08%

1-bedroom Apartment, Outside City Center (Monthly)

$425 MNT 1.5M

$629 Ft 204.7K

-32.48%

3-bedroom Apartment, City Center (Monthly)

$1,648 MNT 5.9M

$1,549 Ft 504.1K

6.39%

3-bedroom Apartment, Outside City Center (Monthly)

$939 MNT 3.4M

$1,167 Ft 379.7K

-19.52%

Buy Apartment in City Center (m2)

$1,846 MNT 6.6M

$5,618 Ft 1.8M

-67.13%

Buy Apartment Outside City Center (m2)

$946 MNT 3.4M

$3,968 Ft 1.3M

-76.16%

Average Monthly Net Salary (After Tax)

$582 MNT 2.1M

$1,626 Ft 529.0K

-64.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.6

6.43

49.30%

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

Last update for Mongolia: October 4, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Mongolia

$425 37.7%

Budapest

$629 38.7% 48.1% $204

Groceries & Markets

Mongolia

$226 20%

Budapest

$258 15.8% 14.1% $32

Clothing & Footwear

Mongolia

$176 15.6%

Budapest

$169 10.4% 4% $7.1

Eating Out

Mongolia

$115 10.2%

Budapest

$224 13.8% 95.5% $110

Monthly Utilities & Internet

Mongolia

$89 7.9%

Budapest

$217 13.4% 143% $128

Sport & Entertainment

Mongolia

$74 6.6%

Budapest

$85 5.2% 14.6% $11

Getting Around

Mongolia

$21 1.9%

Budapest

$43 2.7% 106% $22

Good to know

🇲🇳 Mongolia

🇭🇺 Budapest

🕒 Local time

13:23 1:23 PM

07:23 7:23 AM

6 h behind Mongolia

🌤 Weather

👥 Population

3,409,939

1,686,222 Capital

💱 Currency

Mongolian Tögrög MNT ₮

Hungarian Forint HUF Ft

📈 Exchange rate

10,000 MNT = 2.78 USD

10,000 MNT = 2.48 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to MNT – Mongolian Tögrög Converter

🇺🇸 United States Dollar ($)

🇲🇳 Mongolian Tögrög (₮)

Mongolian Tögrög exchange rates as of October 10, 2026: 1 USD = 3,593 MNT (10,000 MNT = 2.78 USD). 1 EUR = 4,030 MNT (10,000 MNT = 2.48 EUR).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 325 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

USD to MNT in detail →

On the map

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Between locations

Mongolia Budapest 6,190 km ≈ 8 h nonstop flight

From you

Mongolia
Budapest

Distances are measured in a straight line. Your location is detected approximately.

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

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Cost of Living Comparison Between Mongolia and Budapest

HUF, USD, EUR to MNT – Mongolian Tögrög Converter

City Median Internet Speeds Comparison (Updated April 2026)

Mongolia

Budapest

Mongolia

Budapest

Mongolia vs other spots: cost of living compared

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