Last update: Oct 2026

Cost of Living Comparison Between Mongolia and Seoul

For one person, living is cheaper in Mongolia: $1,126 a month against $1,822 in Seoul, rent and utilities included – about $8,400 less a year. Rent and utilities account for about half of the difference.

55

Cost of Living Index in Mongolia
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Mongolia Living Index
87

Cost of Living Index in Seoul
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Seoul Living Index

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🇲🇳 Mongolia

$1,126

/mo nomad

Seoul

🇰🇷 South Korea

$1,822

/mo nomad

🙂 Solo nomad: Mongolia is 35.9% cheaper than Seoul without rent, and 38.2% cheaper with rent.

🙂 Family of 3: Mongolia is 38.7% cheaper than Seoul without rent, and 35.4% cheaper with rent.

Meal at Budget Restaurant

$5.72 MNT 20.6K

$9.10 ₩12.2K

-37.14%

Three-Course Dinner for Two, Mid-Range

$29.61 MNT 106.4K

$67.0 ₩89.8K

-55.82%

Fast Food Meal (McDonalds, etc)

$5.36 MNT 19.3K

$7.42 ₩9,941

-27.76%

Cappuccino

$2.37 MNT 8,505

$4.08 ₩5,470

-41.91%

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

$0.84 MNT 3,027

$1.60 ₩2,141

-47.50%

Water (0.33 liter bottle)

$0.58 MNT 2,088

$0.80 ₩1,078

-27.50%

Local Beer (0.5 liter draught)

$2.38 MNT 8,553

$3.65 ₩4,886

-34.79%

Imported Beer (0.33 liter bottle)

$3.43 MNT 12.3K

$5.94 ₩7,956

-42.26%

Milk (1 liter)

$1.42 MNT 5,101

$2.05 ₩2,742

-30.73%

White Bread (500g)

$1.00 MNT 3,598

$3.08 ₩4,130

-67.53%

Rice (white) (1kg)

$2.17 MNT 7,792

$4.21 ₩5,646

-48.46%

Eggs

$2.06 MNT 7,402

$3.57 ₩4,784

-42.30%

Local Cheese (1kg)

$10.00 MNT 35.9K

$17.95 ₩24.1K

-44.29%

Chicken Fillets (1kg)

$5.08 MNT 18.3K

$10.64 ₩14.3K

-52.26%

Beef Round Steak (1kg)

$6.54 MNT 23.5K

$26.44 ₩35.4K

-75.26%

Apples (1kg)

$3.06 MNT 11.0K

$7.42 ₩9,946

-58.76%

Banana (1kg)

$2.19 MNT 7,873

$3.53 ₩4,732

-37.96%

Oranges (1kg)

$3.73 MNT 13.4K

$5.87 ₩7,866

-36.46%

Tomato (1kg)

$3.05 MNT 11.0K

$6.37 ₩8,534

-52.12%

Potato (1kg)

$0.81 MNT 2,912

$3.75 ₩5,028

-78.40%

Onion (1kg)

$0.88 MNT 3,177

$2.49 ₩3,337

-64.66%

Lettuce (1 head)

$1.73 MNT 6,213

$2.92 ₩3,911

-40.75%

Water (1.5 liter bottle)

$0.81 MNT 2,926

$1.15 ₩1,542

-29.57%

Cigarettes 20 Pack (Marlboro, Camel)

$1.65 MNT 5,945

$3.29 ₩4,408

-49.85%

Wine (Bottle)

$9.89 MNT 35.5K

$18.49 ₩24.8K

-46.51%

Local Beer (0.5 liter bottle)

$1.39 MNT 4,991

$2.28 ₩3,057

-39.04%

Imported Beer (0.33 liter bottle)

$1.69 MNT 6,082

$3.28 ₩4,398

-48.48%

One-way Ticket (Public Transport)

$0.29 MNT 1,042

$1.14 ₩1,526

-74.56%

Public Transport Monthly Pass (Regular Price)

$16.53 MNT 59.4K

$45.47 ₩60.9K

-63.65%

Taxi Start (Normal Tariff)

$0.55 MNT 1,981

$3.48 ₩4,663

-84.20%

Taxi (Normal Tariff) (1km)

$0.56 MNT 2,028

$0.60 ₩803

-6.67%

Taxi 1hour Waiting (Normal Tariff)

$6.23 MNT 22.4K

$8.70 ₩11.7K

-28.39%

Gasoline (1 liter)

$1.10 MNT 3,962

$1.50 ₩2,004

-26.67%

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

$27.9K MNT 100.1M

$29.1K ₩39.0M

-4.30%

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

$32.1K MNT 115.2M

$28.2K ₩37.8M

13.70%

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

$70.1 MNT 251.8K

$209 ₩279.9K

-66.45%

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

$7.13 MNT 25.6K

$35.13 ₩47.1K

-79.70%

Internet (50+ Mbps, Unlimited Data)

$12.22 MNT 43.9K

$21.18 ₩28.4K

-42.30%

Gym Membership (Monthly)

$66.3 MNT 238.1K

$57.3 ₩76.8K

15.61%

Tennis Court (1 Hour on Weekend)

$17.55 MNT 63.1K

$15.89 ₩21.3K

10.45%

Cinema Ticket

$4.06 MNT 14.6K

$11.33 ₩15.2K

-64.17%

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

$769 MNT 2.8M

$1,902 ₩2.5M

-59.56%

International Primary School, 1 Child (Yearly)

$8,058 MNT 29.0M

$22.5K ₩30.2M

-64.22%

Jeans (Levis 501 Or Similar)

$78.2 MNT 280.9K

$58.9 ₩78.9K

32.69%

Summer Dress (H&M, Zara, etc)

$48.93 MNT 175.8K

$32.12 ₩43.0K

52.33%

Sport Shoes (Adidas, Nike)

$100 MNT 360.5K

$70.1 ₩94.0K

43.04%

Men's Leather Business Shoes

$164 MNT 589.7K

$82.5 ₩110.5K

99.01%

1-bedroom Apartment, City Center (Monthly)

$563 MNT 2.0M

$885 ₩1.2M

-36.39%

1-bedroom Apartment, Outside City Center (Monthly)

$425 MNT 1.5M

$624 ₩835.5K

-31.87%

3-bedroom Apartment, City Center (Monthly)

$1,648 MNT 5.9M

$2,494 ₩3.3M

-33.90%

3-bedroom Apartment, Outside City Center (Monthly)

$939 MNT 3.4M

$1,275 ₩1.7M

-26.31%

Buy Apartment in City Center (m2)

$1,846 MNT 6.6M

$29.8K ₩40.0M

-93.81%

Buy Apartment Outside City Center (m2)

$946 MNT 3.4M

$11.8K ₩15.9M

-92.02%

Average Monthly Net Salary (After Tax)

$582 MNT 2.1M

$3,649 ₩4.9M

-84.05%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.6

4.08

135.29%

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

Last update for Mongolia: October 4, 2026

Last update for Seoul: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Mongolia

$425 37.7%

Seoul

$624 34.7% 46.8% $199

Groceries & Markets

Mongolia

$226 20%

Seoul

$479 26.7% 112% $253

Clothing & Footwear

Mongolia

$176 15.6%

Seoul

$110 6.1% 37.8% $67

Eating Out

Mongolia

$115 10.2%

Seoul

$184 10.2% 60.1% $69

Monthly Utilities & Internet

Mongolia

$89 7.9%

Seoul

$265 14.8% 197% $176

Sport & Entertainment

Mongolia

$74 6.6%

Seoul

$80 4.5% 7.5% $5.6

Getting Around

Mongolia

$21 1.9%

Seoul

$57 3.1% 168% $35

Good to know

🇲🇳 Mongolia

🇰🇷 Seoul

🕒 Local time

09:37 9:37 AM

10:37 10:37 AM

1 h ahead of Mongolia

🌤 Weather

👥 Population

3,409,939

9,509,458 Capital

💱 Currency

Mongolian Tögrög MNT ₮

South Korean Won KRW ₩

📈 Exchange rate

10,000 MNT = 2.78 USD

10,000 MNT = 2.48 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.65 EUR

Exchange rates and currency converter

KRW, 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).

South Korean Won exchange rates as of October 10, 2026: 1 USD = 1,340 KRW (10,000 KRW = 7.46 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

USD to MNT in detail →

On the map

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Between locations

Mongolia Seoul 1,990 km ≈ 3 h nonstop flight

From you

Mongolia
Seoul

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 other spots: cost of living compared

Cost of Living Comparison Between Mongolia and Seoul

KRW, USD, EUR to MNT – Mongolian Tögrög Converter

City Median Internet Speeds Comparison (Updated April 2026)

Mongolia

Seoul

Mongolia

Seoul

Mongolia vs other spots: cost of living compared

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