Cost of living
Mongolia compared to Latvia
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Overview comparison
MongoliaLatvia
Consumer prices in Latvia are roughly 26% higher than in Mongolia.
Cost of living
| Item | Mongolia | Latvia |
|---|
| Total with rent one person | 909 | 1,040 |
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| Total with rent family | 1,981 | 2,203 |
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| Without rent one person | 430 | 568 |
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| Without rent one family | 1,494 | 1,789 |
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| Rent & Utilities person | 494.78 | 593.39 |
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| Rent & Utilities family | 1,097.17 | 1,035.05 |
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| Food person | 357 | 319 |
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| Food family | 959 | 1,094 |
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| Transport person | 51.66 | 59.12 |
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| Transport family | 149.94 | 171.01 |
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| Life expectancy | 59.42 years | 89.42 years |
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Eating Out
| Item | Mongolia | Latvia |
|---|
| Lunch Menu | 4.59 | 8.94 |
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| Dinner in a Restaurant, for 2 | 25.41 | 59.79 |
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| Fast food meal, equiv. McDonald's | 5.43 | 6.24 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.49 | 5.5 |
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| Cappuccino | 2.28 | 3.27 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.69 | 1.73 |
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Rent & Utilities
| Item | Mongolia | Latvia |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 572.03 | 536 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 412.2 | 355.84 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,500.11 | 814.04 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 903.4 | 646.88 |
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| Utility Bill one person, electricity, heating, water, etc. | 63.1 | 185.74 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 66.58 | 314.17 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 15.73 | 14.77 |
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Transportation
| Item | Mongolia | Latvia |
|---|
| Local transport ticket | 5.43 | 4.08 |
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| Monthly ticket local transport | 1,399 | 1,834 |
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| Taxi Ride, 8 km or 5 mi | 894 | 1,386 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.13 | 1.31 |
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| Mortgage Interest Rate for 20 Years | 8.64% | 41.1% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 5.74 | 9.62 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.09 | 1.68 |
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Groceries
| Item | Mongolia | Latvia |
|---|
| Milk, 1 L or 1 qt | 1.62 | 1.03 |
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| Bread, 0.5 kg or 1.1 lb | 0.99 | 1.43 |
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| Eggs, x12 | 2.51 | 3.16 |
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| Cheese, 1 kg or 2.2 lb | 11.16 | 12.03 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.35 | 8.57 |
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| Round Steak, 1 kg or 2.2 lb | 5.04 | 9.11 |
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| Banana, 1 kg or 2.2 lb | 2.91 | 1.89 |
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| Water, 1 L or 1 qt | 0.4 | 0.64 |
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Other
| Item | Mongolia | Latvia |
|---|
| Gym Membership, 1 month | 80.7 | 50.07 |
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| Cinema Ticket, 1 person | 4.29 | 9.67 |
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| Doctors visit | 17.02 | 36.56 |
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| Haircut, simple | 5.82 | 15.82 |
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| Brand Jeans | 77.54 | 77.08 |
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| Brand Sneakers | 98.8 | 79.18 |
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| Daycare or Preschool, 1 month | 153.81 | 489.96 |
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| International Primary School, 1 year | 9,120 | 15,507 |
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