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

Name: Italy
Address: IT

Monthly Cost of Living

Monthly costs for one person with rent: $643 in Mongolia versus $1,718 in Italy.

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

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

Living in Mongolia costs about 63% less than in Italy on average.

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

Meal at Budget Restaurant

$4.67 MNT 16.7K

$17.58 €15.38

-73.44%

Three-Course Dinner for Two, Mid-Range

$28.79 MNT 103.2K

$82.5 €72.1

-65.08%

Fast Food Meal (McDonalds, etc)

$5.28 MNT 18.9K

$11.72 €10.25

-54.95%

Cappuccino

$2.58 MNT 9,263

$1.92 €1.68

34.38%

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

$0.75 MNT 2,671

$2.99 €2.62

-74.92%

Water (0.33 liter bottle)

$0.45 MNT 1,601

$1.36 €1.19

-66.91%

Local Beer (0.5 liter draught)

$1.87 MNT 6,717

$5.76 €5.04

-67.53%

Imported Beer (0.33 liter bottle)

$2.28 MNT 8,174

$5.22 €4.57

-56.32%

Milk (1 liter)

$1.37 MNT 4,905

$1.69 €1.48

-18.93%

White Bread (500g)

$0.98 MNT 3,497

$2.33 €2.04

-57.94%

Rice (white) (1kg)

$1.86 MNT 6,655

$3.05 €2.67

-39.02%

Eggs

$2.14 MNT 7,655

$3.99 €3.49

-46.37%

Local Cheese (1kg)

$13.09 MNT 46.9K

$16.68 €14.59

-21.52%

Chicken Fillets (1kg)

$5.54 MNT 19.9K

$12.57 €11.00

-55.93%

Beef Round Steak (1kg)

$5.66 MNT 20.3K

$20.53 €17.96

-72.43%

Apples (1kg)

$3.05 MNT 10.9K

$2.56 €2.24

19.14%

Banana (1kg)

$2.51 MNT 9,004

$2.20 €1.93

14.09%

Oranges (1kg)

$3.70 MNT 13.3K

$2.68 €2.34

38.06%

Tomato (1kg)

$2.68 MNT 9,591

$3.37 €2.95

-20.47%

Potato (1kg)

$0.65 MNT 2,332

$2.04 €1.78

-68.14%

Onion (1kg)

$1.02 MNT 3,668

$1.88 €1.65

-45.74%

Lettuce (1 head)

$1.10 MNT 3,955

$1.47 €1.29

-25.17%

Water (1.5 liter bottle)

$0.69 MNT 2,487

$0.54 €0.47

27.78%

Cigarettes 20 Pack (Marlboro, Camel)

$1.82 MNT 6,521

$7.00 €6.12

-74.00%

Wine (Bottle)

$9.79 MNT 35.1K

$7.09 €6.20

38.08%

Local Beer (0.5 liter bottle)

$1.25 MNT 4,485

$1.80 €1.58

-30.56%

Imported Beer (0.33 liter bottle)

$1.70 MNT 6,078

$2.51 €2.19

-32.27%

One-way Ticket (Public Transport)

$0.16 MNT 588

$1.96 €1.71

-91.84%

Public Transport Monthly Pass (Regular Price)

$7.52 MNT 26.9K

$41.58 €36.38

-81.91%

Taxi Start (Normal Tariff)

$0.58 MNT 2,065

$5.80 €5.08

-90.00%

Taxi (Normal Tariff) (1km)

$0.60 MNT 2,164

$1.60 €1.40

-62.50%

Taxi 1hour Waiting (Normal Tariff)

$4.33 MNT 15.5K

$35.07 €30.68

-87.65%

Gasoline (1 liter)

$1.02 MNT 3,670

$2.13 €1.86

-52.11%

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

$21.8K MNT 78.2M

$32.6K €28.5K

-33.01%

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

$16.1K MNT 57.7M

$33.8K €29.6K

-52.34%

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

$72.0 MNT 257.9K

$225 €197

-68.01%

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

$7.19 MNT 25.8K

$13.14 €11.50

-45.28%

Internet (50+ Mbps, Unlimited Data)

$14.26 MNT 51.1K

$31.19 €27.29

-54.28%

Gym Membership (Monthly)

$48.95 MNT 175.4K

$57.2 €50.0

-14.36%

Tennis Court (1 Hour on Weekend)

$12.88 MNT 46.2K

$25.85 €22.61

-50.17%

Cinema Ticket

$3.59 MNT 12.9K

$10.34 €9.05

-65.28%

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

$174 MNT 623.0K

$564 €493

-69.17%

International Primary School, 1 Child (Yearly)

$6,450 MNT 23.1M

$10.3K €9,047

-37.62%

Jeans (Levis 501 Or Similar)

$75.2 MNT 269.5K

$91.9 €80.4

-18.21%

Summer Dress (H&M, Zara, etc)

$61.4 MNT 220.1K

$40.54 €35.47

51.48%

Sport Shoes (Adidas, Nike)

$99.5 MNT 356.6K

$98.2 €85.9

1.37%

Men's Leather Business Shoes

$132 MNT 473.9K

$132 €116

0.13%

1-bedroom Apartment, City Center (Monthly)

$480 MNT 1.7M

$855 €748

-43.88%

1-bedroom Apartment, Outside City Center (Monthly)

$372 MNT 1.3M

$663 €580

-43.89%

3-bedroom Apartment, City Center (Monthly)

$1,346 MNT 4.8M

$1,522 €1,332

-11.59%

3-bedroom Apartment, Outside City Center (Monthly)

$740 MNT 2.7M

$1,089 €953

-32.03%

Buy Apartment in City Center (m2)

$1,828 MNT 6.6M

$3,747 €3,278

-51.22%

Buy Apartment Outside City Center (m2)

$932 MNT 3.3M

$2,299 €2,011

-59.46%

Average Monthly Net Salary (After Tax)

$595 MNT 2.1M

$1,897 €1,659

-68.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

36.05%

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

Last update for Mongolia: July 13, 2026

Last update for Italy: July 11, 2026

Cost Breakdown

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

National salary averages: $451 in Mongolia, $1,912 in Italy. 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

Mongolia vs Italy: 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.