Cost of living comparison
Monaco is 6.3 times more expensive than Mongolia.
If you lived in Monaco instead of Mongolia, you would:
pay 8.2 times more for restaurants
|
Mongolia
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.08
MNT17,250.00
|
$36.21
€34.34
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.86
MNT16,500.00
|
$11.32
€10.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.84
MNT2,852.94
|
$5.61
€5.32
|
|
| Bottle of water (11 fl. oz) |
$0.52
MNT1,773.33
|
$8.77
€8.31
|
|
pay 3.0 times more for groceries
|
Mongolia
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.92
MNT3,124.01
|
$5.69
€5.40
|
|
| Local cheese (8 oz) |
$6.82
MNT23,187.50
|
$11.39
€10.80
|
|
| Milk (1 gallon) |
$5.44
MNT18,498.60
|
$8.62
€8.18
|
|
|
Eggs
1 dozen
|
$2.21
MNT7,518.68
|
$5.55
€5.26
|
|
| Boneless chicken breast (1 lb) |
$2.04
MNT6,945.64
|
$8.45
€8.01
|
|
| Apples (1 lb) |
$1.69
MNT5,745.51
|
$2.57
€2.44
|
|
| Bananas (1 lb) |
$1.30
MNT4,430.09
|
$2.47
€2.34
|
|
| Oranges (1 lb) |
$1.91
MNT6,503.39
|
$1.98
€1.88
|
|
| Tomatoes (1 lb) |
$1.47
MNT5,003.13
|
$2.92
€2.77
|
|
| Potatoes (1 lb) |
$0.31
MNT1,037.72
|
$1.69
€1.60
|
|
| Onions (1 lb) |
$0.46
MNT1,547.26
|
$2.02
€1.92
|
|
pay 2.9 times more for transportation
|
Mongolia
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.00
MNT13,586.19
|
$8.68
€8.23
|
|
| Monthly public transit pass |
$8.09
MNT27,500.00
|
$29.74
€28.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,311.95
MNT103,000,000.00
|
$49,160.43
€46,621.89
|
|
| Taxi trip in downtown area (5 miles) |
$5.30
MNT18,000.00
|
$21.44
€20.33
|
|
pay 11.2 times more for housing
|
Mongolia
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$14.66
MNT49,800.00
|
$110.93
€105.20
|
|
| 1-Bedroom apartment in downtown area |
$559.15
MNT1,900,000.00
|
$9,401.30
€8,915.83
|
|
| 1-Bedroom apartment outside city center |
$428.82
MNT1,457,142.86
|
$6,591.34
€6,250.98
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.64
MNT199,261.01
|
$292.40
€277.30
|
|
pay 10.9 times more for childcare
|
Mongolia
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$153.03
MNT520,000.00
|
$2,759.79
€2,617.28
|
|
| Middle school for 1 child, two semesters |
$7,690.11
MNT26,131,000.00
|
$29,406.50
€27,888.01
|
|
pay 5.3 times more for entertainment and sports
|
Mongolia
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.77
MNT6,000.00
|
$9.11
€8.64
|
|
| Cappuccino in mid-range area |
$2.52
MNT8,557.14
|
$6.29
€5.97
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.77
MNT6,000.00
|
$12.06
€11.43
|
|
| Monthly membership at local gym |
$59.96
MNT203,750.00
|
$512.44
€485.98
|
|
| Movie ticket to theater/cinema |
$4.56
MNT15,500.00
|
$15.00
€14.23
|
|
pay 2.5 times more for clothing
|
Mongolia
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$66.51
MNT226,000.00
|
$194.39
€184.35
|
|
|
Regular dress
from H&M or similar store
|
$50.62
MNT171,999.80
|
$75.16
€71.28
|
|
|
Running shoes
Nike or Adidas
|
$88.29
MNT300,000.00
|
$203.37
€192.87
|
|
| Men's business shoes (leather) |
$142.24
MNT483,333.33
|
$446.93
€423.85
|
|
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