Last update: Oct 2026

Cost of Living Comparison Between Mongolia and Italy

Name: Italy
Address: IT

For one person, living is cheaper in Mongolia: $1,161 a month against $1,843 in Italy, rent and utilities included – about $8,200 less a year. Rent and utilities account for about half of the difference.

56

Cost of Living Index in Mongolia
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Mongolia Living Index
88

Cost of Living Index in Italy
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Italy Living Index

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🇲🇳 Mongolia

$1,161

/mo nomad

🇮🇹 Italy

$1,843

/mo nomad

Monthly Cost of Living

How much you'll spend in Mongolia and in Italy

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Mongolia and in Italy actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,161 in Mongolia versus $1,843 in Italy.

Mongolia $1,161
Italy $1,843

Estimated couple costs with rent: $1,847 in Mongolia versus $2,816 in Italy.

Mongolia $1,847
Italy $2,816

Monthly costs for a family of three with rent: $2,532 in Mongolia versus $3,788 in Italy.

Mongolia $2,532
Italy $3,788

Internal cost variation is higher in Italy: monthly costs span $1,038 to $2,555, compared to $376–$1,192 in Mongolia. City choice carries more weight in Italy.

Living in Mongolia costs about 37% less than in Italy on average.

Mongolia (15% below) and Italy (35% above) straddle the global median.

Meal at Budget Restaurant

$5.63 MNT 20.2K

$20.46 €18.36

-72.48%

Three-Course Dinner for Two, Mid-Range

$29.11 MNT 104.6K

$79.5 €71.3

-63.38%

Fast Food Meal (McDonalds, etc)

$5.53 MNT 19.9K

$11.15 €10.01

-50.40%

Cappuccino

$2.42 MNT 8,712

$2.04 €1.83

18.63%

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

$0.86 MNT 3,097

$3.10 €2.78

-72.26%

Water (0.33 liter bottle)

$0.57 MNT 2,057

$1.40 €1.26

-59.29%

Local Beer (0.5 liter draught)

$2.30 MNT 8,249

$5.51 €4.95

-58.26%

Imported Beer (0.33 liter bottle)

$3.37 MNT 12.1K

$5.74 €5.15

-41.29%

Milk (1 liter)

$1.36 MNT 4,895

$1.57 €1.41

-13.38%

White Bread (500g)

$1.00 MNT 3,583

$2.38 €2.14

-57.98%

Rice (white) (1kg)

$2.07 MNT 7,423

$2.90 €2.60

-28.62%

Eggs

$2.06 MNT 7,417

$4.07 €3.66

-49.39%

Local Cheese (1kg)

$9.74 MNT 35.0K

$17.44 €15.65

-44.15%

Chicken Fillets (1kg)

$5.17 MNT 18.6K

$12.56 €11.27

-58.84%

Beef Round Steak (1kg)

$6.51 MNT 23.4K

$20.17 €18.10

-67.72%

Apples (1kg)

$2.98 MNT 10.7K

$2.58 €2.32

15.50%

Banana (1kg)

$2.21 MNT 7,938

$2.19 €1.96

0.91%

Oranges (1kg)

$3.67 MNT 13.2K

$2.68 €2.40

36.94%

Tomato (1kg)

$2.96 MNT 10.6K

$3.27 €2.93

-9.48%

Potato (1kg)

$0.82 MNT 2,931

$1.90 €1.71

-56.84%

Onion (1kg)

$0.88 MNT 3,171

$1.82 €1.63

-51.65%

Lettuce (1 head)

$1.67 MNT 5,992

$1.57 €1.41

6.37%

Water (1.5 liter bottle)

$0.76 MNT 2,739

$0.55 €0.49

38.18%

Cigarettes 20 Pack (Marlboro, Camel)

$1.70 MNT 6,101

$6.69 €6.01

-74.59%

Wine (Bottle)

$9.51 MNT 34.2K

$7.99 €7.17

19.02%

Local Beer (0.5 liter bottle)

$1.41 MNT 5,085

$1.77 €1.59

-20.34%

Imported Beer (0.33 liter bottle)

$1.76 MNT 6,313

$2.35 €2.11

-25.11%

One-way Ticket (Public Transport)

$0.27 MNT 968

$1.91 €1.71

-85.86%

Public Transport Monthly Pass (Regular Price)

$16.52 MNT 59.4K

$43.44 €38.98

-61.97%

Taxi Start (Normal Tariff)

$0.51 MNT 1,847

$5.62 €5.04

-90.93%

Taxi (Normal Tariff) (1km)

$0.56 MNT 2,029

$1.71 €1.54

-67.25%

Taxi 1hour Waiting (Normal Tariff)

$6.41 MNT 23.1K

$33.64 €30.18

-80.95%

Gasoline (1 liter)

$1.16 MNT 4,172

$2.03 €1.82

-42.86%

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

$27.4K MNT 98.4M

$35.3K €31.7K

-22.44%

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

$31.7K MNT 113.8M

$36.7K €33.0K

-13.82%

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

$72.1 MNT 259.1K

$227 €203

-68.18%

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

$7.11 MNT 25.6K

$11.59 €10.40

-38.65%

Internet (50+ Mbps, Unlimited Data)

$12.32 MNT 44.3K

$30.38 €27.26

-59.45%

Gym Membership (Monthly)

$65.9 MNT 237.0K

$51.8 €46.46

27.35%

Tennis Court (1 Hour on Weekend)

$17.40 MNT 62.5K

$23.70 €21.26

-26.58%

Cinema Ticket

$4.08 MNT 14.7K

$10.60 €9.51

-61.51%

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

$645 MNT 2.3M

$568 €509

13.63%

International Primary School, 1 Child (Yearly)

$8,038 MNT 28.9M

$11.5K €10.3K

-30.24%

Jeans (Levis 501 Or Similar)

$79.2 MNT 284.6K

$90.5 €81.2

-12.55%

Summer Dress (H&M, Zara, etc)

$49.63 MNT 178.4K

$38.55 €34.59

28.74%

Sport Shoes (Adidas, Nike)

$102 MNT 366.7K

$103 €92.1

-0.60%

Men's Leather Business Shoes

$167 MNT 598.4K

$131 €118

27.11%

1-bedroom Apartment, City Center (Monthly)

$630 MNT 2.3M

$826 €741

-23.72%

1-bedroom Apartment, Outside City Center (Monthly)

$459 MNT 1.7M

$646 €580

-28.92%

3-bedroom Apartment, City Center (Monthly)

$1,598 MNT 5.7M

$1,400 €1,256

14.15%

3-bedroom Apartment, Outside City Center (Monthly)

$947 MNT 3.4M

$1,054 €946

-10.22%

Buy Apartment in City Center (m2)

$1,785 MNT 6.4M

$3,662 €3,286

-51.26%

Buy Apartment Outside City Center (m2)

$982 MNT 3.5M

$2,301 €2,065

-57.31%

Average Monthly Net Salary (After Tax)

$590 MNT 2.1M

$1,886 €1,692

-68.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.6

3.56

169.66%

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

Last update for Mongolia: October 27, 2026

Last update for Italy: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Mongolia

$459 39.5%

Italy

$646 35.1% 40.7% $187

Groceries & Markets

Mongolia

$222 19.1%

Italy

$348 18.9% 56.7% $126

Clothing & Footwear

Mongolia

$179 15.4%

Italy

$163 8.9% 8.7% $16

Eating Out

Mongolia

$115 9.9%

Italy

$279 15.1% 143% $164

Monthly Utilities & Internet

Mongolia

$92 7.9%

Italy

$269 14.6% 193% $177

Sport & Entertainment

Mongolia

$74 6.4%

Italy

$73 4% 1.5% $1.1

Getting Around

Mongolia

$21 1.8%

Italy

$65 3.5% 212% $44

Cost Breakdown

National rent averages: $530 in Mongolia, $729 in Italy. Capital cities: $636 in Ulaanbaatar vs $1,297 in Rome.

National salary averages: $449 in Mongolia, $1,890 in Italy. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 38% higher in Italy.

Dining out costs 143% more in Italy.

Public transport is 207% more expensive in Italy.

Salaries are about 4.2 times higher in Italy, and purchasing power comes out stronger in Italy.

Good to know

🇲🇳 Mongolia

🇮🇹 Italy

🕒 Local time

01:12 1:12 AM

18:12 6:12 PM

7 h behind Mongolia

🌤 Weather

👥 Population

3,409,939

58,850,717

💱 Currency

Mongolian Tögrög MNT ₮

Euro EUR €

📈 Exchange rate

10,000 MNT = 2.78 USD

10,000 MNT = 2.49 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to MNT – Mongolian Tögrög Converter

🇺🇸 United States Dollar ($)

🇲🇳 Mongolian Tögrög (₮)

Mongolian Tögrög exchange rates as of October 29, 2026: 1 USD = 3,594 MNT (10,000 MNT = 2.78 USD). 1 EUR = 4,011 MNT (10,000 MNT = 2.49 EUR).

Euro exchange rates as of October 29, 2026: 1 USD = 0.897 EUR (1 EUR = 1.11 USD).

USD to MNT in detail →

On the map

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Between locations

Mongolia Italy 6,980 km ≈ 9 h nonstop flight

From you

Mongolia
Italy

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

Mongolia vs Italy: Cost of Living - Frequently Asked Questions

At $1,843 per month in Italy and $1,161 in Mongolia, Mongolia comes out about 37% cheaper. 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 cheaper in Mongolia: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent for a central one-bedroom averages $729 in Italy and $530 in Mongolia. Rents vary a lot between cities, so the gap depends on where you settle.

It depends on what you’re after: Mongolia wins on affordability, while salaries, visas, language, and lifestyle can tip the balance either way.