Cost of Living in Mongolia vs South Korea comparison

$1,109

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.

$1,993

South Korea

Discover South Korea, a captivating country with a population of 51,466,201. Experience a comfortable way of life, where the average cost of living stands at $1993, and the median after-tax salary amounts to $2010.65. Savor the culinary delights of South Korea at various restaurants for an average of $57, explore bustling markets with essentials priced at around $107, and entrust your childcare needs to facilities costing approximately $18809annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2578per month. South Korea also boasts an appealing average salary of $2010.65. Immerse yourself in the beauty of South Korea, where affordability and cultural richness converge.

restaurant
$ 47
Restaurants
restaurant
$ 57
Restaurants
store
$ 46
Markets
store
$ 107
Markets
child_friendly
$ 7,166
Childcare
child_friendly
$ 18,809
Childcare
checkroom
$ 211
Clothing
checkroom
$ 247
Clothing
night_shelter
$ 1,522
Rent Per Month
night_shelter
$ 2,578
Rent Per Month
account_balance_wallet
$ 314
Salaries
account_balance_wallet
$ 2,010
Salaries
Mongolia VS South Korea
restaurant

Restaurants

Mongolia

South Korea

Difference

Meal, Inexpensive Restaurant

5.02 $ 5.56 $ -9 %

Meal for 2 People, Mid-range Restaurant, Three-course

30.87 $ 34.75 $ -11 %

McMeal at McDonalds (or Equivalent Combo Meal)

4.17 $ 4.86 $ -14 %

Domestic Beer (1 pint draught)

1.62 $ 2.78 $ -41 %

Imported Beer (12 oz small bottle)

2.32 $ 4.17 $ -44 %

Cappuccino (regular)

2.25 $ 3.25 $ -30 %

Coke/Pepsi (12 oz small bottle)

0.69 $ 1.24 $ -44 %

Water (12 oz small bottle)

0.37 $ 0.65 $ -43 %
store

Markets

Mongolia

South Korea

Difference

Milk (regular), (1 gallon)

1.07 $ 1.82 $ -41 %

Loaf of Fresh White Bread (1 lb)

0.6 $ 2.3 $ -73 %

Rice (white), (1 lb)

1.19 $ 3.22 $ -63 %

Eggs (regular) (12)

1.77 $ 2.91 $ -39 %

Local Cheese (1 lb)

7.82 $ 12.49 $ -37 %

Chicken Fillets (1 lb)

3.93 $ 8.13 $ -51 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

4.81 $ 28.53 $ -83 %

Apples (1 lb)

2.5 $ 5.73 $ -56 %

Banana (1 lb)

2.4 $ 3.09 $ -22 %

Oranges (1 lb)

2.72 $ 4.92 $ -44 %

Tomato (1 lb)

2.98 $ 5.04 $ -40 %

Potato (1 lb)

0.44 $ 3.18 $ -86 %

Onion (1 lb)

0.93 $ 2.36 $ -60 %

Lettuce (1 head)

1.02 $ 2.05 $ -50 %

Water (1.5 liter bottle)

0.5 $ 0.96 $ -47 %

Bottle of Wine (Mid-Range)

7.72 $ 13.9 $ -44 %

Domestic Beer (0.5 liter bottle)

0.83 $ 1.85 $ -55 %

Imported Beer (12 oz small bottle)

1.47 $ 2.19 $ -32 %

Cigarettes 20 Pack (Marlboro)

1.7 $ 3.13 $ -45 %
commute

Transportation

Mongolia

South Korea

Difference

One-way Ticket (Local Transport)

0.15 $ 0.9 $ -83 %

Monthly Pass (Regular Price)

7.56 $ 38.22 $ -80 %

Taxi Start (Normal Tariff)

0.46 $ 2.43 $ -81 %

Taxi 1 mile (Normal Tariff)

0.46 $ 0.69 $ -33 %

Taxi 1hour Waiting (Normal Tariff)

2.78 $ 8.34 $ -66 %

Gasoline (1 gallon)

0.84 $ 1.22 $ -31 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

18521.83 $ 24545.84 $ -24 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

16978.34 $ 21911.65 $ -22 %
mark_as_unread

Utilities (Monthly)

Mongolia

South Korea

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

59.26 $ 127.06 $ -53 %

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 $ 19.3 $ -33 %
kitesurfing

Sports And Leisure

Mongolia

South Korea

Difference

Fitness Club, Monthly Fee for 1 Adult

54.79 $ 42.31 $ 29 %

Tennis Court Rent (1 Hour on Weekend)

12.61 $ 16.69 $ -24 %

Cinema, International Release, 1 Seat

3.09 $ 8.34 $ -62 %
child_friendly

Childcare

Mongolia

South Korea

Difference

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

118.33 $ 325.01 $ -63 %

International Primary School, Yearly for 1 Child

7048.58 $ 18484.27 $ -61 %
checkroom

Clothing And Shoes

Mongolia

South Korea

Difference

1 Pair of Jeans (Levis 501 Or Similar)

38.97 $ 50.47 $ -22 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

26.43 $ 36.18 $ -26 %

1 Pair of Nike Running Shoes (Mid-Range)

65.98 $ 65.02 $ 1 %

1 Pair of Men Leather Business Shoes

80.26 $ 95.42 $ -15 %
night_shelter

Rent Per Month

Mongolia

South Korea

Difference

Apartment (1 bedroom) in City Centre

293.34 $ 445.59 $ -34 %

Apartment (1 bedroom) Outside of Centre

174.42 $ 309.71 $ -43 %

Apartment (3 bedrooms) in City Centre

657.43 $ 1100.29 $ -40 %

Apartment (3 bedrooms) Outside of Centre

397.57 $ 723.08 $ -45 %
home

Buy Apartment Price

Mongolia

South Korea

Difference

Price per Square Feet to Buy Apartment in City Centre

1131.92 $ 13976.44 $ -91 %

Price per Square Feet to Buy Apartment Outside of Centre

779.46 $ 7599.99 $ -89 %
account_balance_wallet

Salaries And Financing

Mongolia

South Korea

Difference

Average Monthly Net Salary (After Tax)

314.84 $ 2010.65 $ -84 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

8.61 % 3.52 % 144 %