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: $620 in Mongolia versus $1,796 in Italy.

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

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

Living in Mongolia costs about 65% less than in Italy on average.

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

Meal at Budget Restaurant

$5.61 MNT 20.2K

$21.24 €18.31

-73.59%

Three-Course Dinner for Two, Mid-Range

$31.00 MNT 111.5K

$80.8 €69.7

-61.65%

Fast Food Meal (McDonalds, etc)

$5.30 MNT 19.1K

$11.41 €9.84

-53.55%

Cappuccino

$2.34 MNT 8,430

$2.08 €1.79

12.50%

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

$0.79 MNT 2,848

$3.05 €2.63

-74.10%

Water (0.33 liter bottle)

$0.58 MNT 2,069

$1.38 €1.19

-57.97%

Local Beer (0.5 liter draught)

$2.33 MNT 8,371

$5.79 €4.99

-59.76%

Imported Beer (0.33 liter bottle)

$3.41 MNT 12.3K

$5.75 €4.96

-40.70%

Milk (1 liter)

$1.41 MNT 5,082

$1.70 €1.46

-17.06%

White Bread (500g)

$0.94 MNT 3,390

$2.41 €2.08

-61.00%

Rice (white) (1kg)

$2.10 MNT 7,553

$3.01 €2.59

-30.23%

Eggs

$2.11 MNT 7,574

$4.32 €3.72

-51.16%

Local Cheese (1kg)

$9.50 MNT 34.2K

$17.93 €15.45

-47.02%

Chicken Fillets (1kg)

$5.13 MNT 18.5K

$12.67 €10.92

-59.51%

Beef Round Steak (1kg)

$6.52 MNT 23.5K

$20.57 €17.73

-68.30%

Apples (1kg)

$3.09 MNT 11.1K

$2.62 €2.26

17.94%

Banana (1kg)

$2.19 MNT 7,889

$2.15 €1.85

1.86%

Oranges (1kg)

$3.78 MNT 13.6K

$2.80 €2.41

35.00%

Tomato (1kg)

$3.06 MNT 11.0K

$3.32 €2.87

-7.83%

Potato (1kg)

$0.78 MNT 2,803

$2.10 €1.81

-62.86%

Onion (1kg)

$0.94 MNT 3,372

$1.89 €1.63

-50.26%

Lettuce (1 head)

$1.67 MNT 5,988

$1.55 €1.33

7.74%

Water (1.5 liter bottle)

$0.76 MNT 2,731

$0.56 €0.48

35.71%

Cigarettes 20 Pack (Marlboro, Camel)

$1.69 MNT 6,093

$7.16 €6.17

-76.40%

Wine (Bottle)

$9.63 MNT 34.6K

$7.35 €6.33

31.02%

Local Beer (0.5 liter bottle)

$1.44 MNT 5,180

$1.80 €1.55

-20.00%

Imported Beer (0.33 liter bottle)

$1.77 MNT 6,375

$2.41 €2.07

-26.56%

One-way Ticket (Public Transport)

$0.29 MNT 1,054

$1.93 €1.66

-84.97%

Public Transport Monthly Pass (Regular Price)

$16.82 MNT 60.5K

$45.24 €39.00

-62.82%

Taxi Start (Normal Tariff)

$0.51 MNT 1,828

$5.74 €4.95

-91.11%

Taxi (Normal Tariff) (1km)

$0.57 MNT 2,064

$1.70 €1.47

-66.47%

Taxi 1hour Waiting (Normal Tariff)

$6.22 MNT 22.4K

$35.25 €30.38

-82.35%

Gasoline (1 liter)

$1.05 MNT 3,779

$2.04 €1.76

-48.53%

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

$27.7K MNT 99.7M

$37.5K €32.3K

-26.11%

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

$32.3K MNT 116.2M

$37.1K €31.9K

-12.79%

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

$71.5 MNT 257.1K

$231 €199

-69.05%

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

$7.32 MNT 26.3K

$12.34 €10.64

-40.68%

Internet (50+ Mbps, Unlimited Data)

$12.23 MNT 44.0K

$31.17 €26.87

-60.76%

Gym Membership (Monthly)

$67.5 MNT 242.7K

$55.2 €47.62

22.18%

Tennis Court (1 Hour on Weekend)

$17.39 MNT 62.5K

$24.91 €21.47

-30.19%

Cinema Ticket

$4.11 MNT 14.8K

$11.13 €9.59

-63.07%

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

$771 MNT 2.8M

$568 €490

35.73%

International Primary School, 1 Child (Yearly)

$8,119 MNT 29.2M

$12.5K €10.8K

-35.20%

Jeans (Levis 501 Or Similar)

$78.7 MNT 283.1K

$93.0 €80.1

-15.30%

Summer Dress (H&M, Zara, etc)

$48.67 MNT 175.0K

$39.82 €34.32

22.23%

Sport Shoes (Adidas, Nike)

$101 MNT 362.5K

$104 €89.8

-3.25%

Men's Leather Business Shoes

$166 MNT 598.0K

$135 €116

23.16%

1-bedroom Apartment, City Center (Monthly)

$575 MNT 2.1M

$852 €734

-32.45%

1-bedroom Apartment, Outside City Center (Monthly)

$433 MNT 1.6M

$645 €556

-32.80%

3-bedroom Apartment, City Center (Monthly)

$1,646 MNT 5.9M

$1,449 €1,249

13.60%

3-bedroom Apartment, Outside City Center (Monthly)

$989 MNT 3.6M

$1,084 €935

-8.77%

Buy Apartment in City Center (m2)

$1,783 MNT 6.4M

$3,813 €3,287

-53.24%

Buy Apartment Outside City Center (m2)

$937 MNT 3.4M

$2,357 €2,032

-60.23%

Average Monthly Net Salary (After Tax)

$580 MNT 2.1M

$1,933 €1,666

-70.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.6

3.57

168.91%

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

Last update for Mongolia: September 7, 2026

Last update for Italy: September 5, 2026

Cost Breakdown

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

National salary averages: $444 in Mongolia, $1,964 in Italy. 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

Mongolia vs Italy: 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.