Cost of Living in Mongolia vs Iceland comparison
Mongolia
Explore Mongolia, a captivating country with a population of 3,075,647. Embrace a comfortable lifestyle with an average cost of living at $1109 and a median after-tax salary of $314.84. Enjoy dining at diverse restaurants for $47, shop for essentials at bustling markets with an average of $46, and entrust your childcare needs to facilities costing approximately $7166annually. Keep your wardrobe fresh with a clothing budget of $211and secure a lovely home for $1522per month. Mongolia also offers an attractive average salary of $314.84. Immerse yourself in the beauty of Mongolia, where rich culture meets affordability.
Iceland
Discover Iceland, a captivating country with a population of 364,260. Experience a comfortable way of life, where the average cost of living stands at $3224, and the median after-tax salary amounts to $3030.17. Savor the culinary delights of Iceland at various restaurants for an average of $150, explore bustling markets with essentials priced at around $114, and entrust your childcare needs to facilities costing approximately $5310annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $5842per month. Iceland also boasts an appealing average salary of $3030.17. Immerse yourself in the beauty of Iceland, where affordability and cultural richness converge.
|
Restaurants |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
5.02 $ | 17.12 $ | -70 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
30.87 $ | 95.86 $ | -67 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.17 $ | 13.69 $ | -69 % |
|
Domestic Beer (1 pint draught) |
1.62 $ | 8.22 $ | -80 % |
|
Imported Beer (12 oz small bottle) |
2.32 $ | 7.19 $ | -67 % |
|
Cappuccino (regular) |
2.25 $ | 4.17 $ | -46 % |
|
Coke/Pepsi (12 oz small bottle) |
0.69 $ | 2.36 $ | -70 % |
|
Water (12 oz small bottle) |
0.37 $ | 1.85 $ | -80 % |
|
Markets |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.07 $ | 1.34 $ | -20 % |
|
Loaf of Fresh White Bread (1 lb) |
0.6 $ | 3.02 $ | -80 % |
|
Rice (white), (1 lb) |
1.19 $ | 2.77 $ | -57 % |
|
Eggs (regular) (12) |
1.77 $ | 5.06 $ | -65 % |
|
Local Cheese (1 lb) |
7.82 $ | 12.49 $ | -37 % |
|
Chicken Fillets (1 lb) |
3.93 $ | 15.37 $ | -74 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.81 $ | 22.77 $ | -78 % |
|
Apples (1 lb) |
2.5 $ | 2.76 $ | -9 % |
|
Banana (1 lb) |
2.4 $ | 2.07 $ | 15 % |
|
Oranges (1 lb) |
2.72 $ | 2.24 $ | 21 % |
|
Tomato (1 lb) |
2.98 $ | 4.0 $ | -25 % |
|
Potato (1 lb) |
0.44 $ | 2.33 $ | -81 % |
|
Onion (1 lb) |
0.93 $ | 1.26 $ | -26 % |
|
Lettuce (1 head) |
1.02 $ | 2.36 $ | -56 % |
|
Water (1.5 liter bottle) |
0.5 $ | 1.71 $ | -70 % |
|
Bottle of Wine (Mid-Range) |
7.72 $ | 17.12 $ | -54 % |
|
Domestic Beer (0.5 liter bottle) |
0.83 $ | 2.87 $ | -71 % |
|
Imported Beer (12 oz small bottle) |
1.47 $ | 2.5 $ | -41 % |
|
Cigarettes 20 Pack (Marlboro) |
1.7 $ | 10.54 $ | -83 % |
|
Transportation |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
0.15 $ | 3.36 $ | -95 % |
|
Monthly Pass (Regular Price) |
7.56 $ | 54.78 $ | -86 % |
|
Taxi Start (Normal Tariff) |
0.46 $ | 5.07 $ | -90 % |
|
Taxi 1 mile (Normal Tariff) |
0.46 $ | 2.4 $ | -80 % |
|
Taxi 1hour Waiting (Normal Tariff) |
2.78 $ | 54.23 $ | -94 % |
|
Gasoline (1 gallon) |
0.84 $ | 2.02 $ | -58 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
18521.83 $ | 28757.27 $ | -35 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
16978.34 $ | 32047.42 $ | -47 % |
|
Utilities (Monthly) |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
59.26 $ | 106.62 $ | -44 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.03 $ | 0.15 $ | -80 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
12.77 $ | 64.03 $ | -80 % |
|
Sports And Leisure |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
54.79 $ | 58.92 $ | -7 % |
|
Tennis Court Rent (1 Hour on Weekend) |
12.61 $ | 31.67 $ | -60 % |
|
Cinema, International Release, 1 Seat |
3.09 $ | 11.64 $ | -73 % |
|
Childcare |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
118.33 $ | 262.47 $ | -54 % |
|
International Primary School, Yearly for 1 Child |
7048.58 $ | 5048.5 $ | 39 % |
|
Clothing And Shoes |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
38.97 $ | 107.87 $ | -63 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
26.43 $ | 50.21 $ | -47 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
65.98 $ | 139.95 $ | -52 % |
|
1 Pair of Men Leather Business Shoes |
80.26 $ | 170.67 $ | -52 % |
|
Rent Per Month |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
293.34 $ | 1307.6 $ | -77 % |
|
Apartment (1 bedroom) Outside of Centre |
174.42 $ | 1057.94 $ | -83 % |
|
Apartment (3 bedrooms) in City Centre |
657.43 $ | 1854.8 $ | -64 % |
|
Apartment (3 bedrooms) Outside of Centre |
397.57 $ | 1622.55 $ | -75 % |
|
Buy Apartment Price |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1131.92 $ | 4884.47 $ | -76 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
779.46 $ | 3742.8 $ | -79 % |
|
Salaries And Financing |
Mongolia |
Iceland |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
314.84 $ | 3030.17 $ | -89 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
8.61 % | 5.55 % | 55 % |