Mongolia vs. Cabo Verde Cost of Living Summary

Mongolia is 5.1% more expensive than Cabo Verde overall.

Restaurants
pay 31.7% less in Mongolia
Groceries
pay 21.5% less in Mongolia
Transportation
pay 32.9% less in Mongolia
Housing
pay 28.5% more in Mongolia
Childcare
pay 4.3 times more in Mongolia
Entertainment and Sports
pay 0.3% less in Mongolia
Clothing
pay 67.9% more in Mongolia

The cost of childcare, clothing, and housing in Mongolia are more expensive than in Cabo Verde. Expenses including transportation, restaurants, groceries, and entertainment and sports are lower in Mongolia. Notably, childcare is significantly more expensive in Mongolia.

Mongolia vs. Cabo Verde Cost Breakdown

If you lived in Mongolia instead of Cabo Verde, you would:

pay 31.7% less for restaurants

 
Cabo Verde
Mongolia
Basic meal with drink at inexpensive restaurant $6.49
CVE642.04
$5.56
MNT20,000.00
Fast food combo meal
McDonalds, or similar
$9.14
CVE903.48
$5.56
MNT20,000.00
Bottle of Coca-Cola (11 fl. oz) $1.81
CVE179.03
$0.86
MNT3,083.33

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pay 21.5% less for groceries

 
Cabo Verde
Mongolia
Bread
1 loaf
$1.81
CVE178.85
$1.00
MNT3,588.33
Local cheese (8 oz) $8.45
CVE835.75
$6.18
MNT22,248.75
Milk (1 gallon) $5.55
CVE548.78
$5.49
MNT19,758.34

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pay 32.9% less for transportation

 
Cabo Verde
Mongolia
Gasoline (1 gallon) $5.84
CVE577.62
$4.32
MNT15,549.41
Monthly public transit pass $29.80
CVE2,946.72
$16.67
MNT60,000.00
New Volkswagen Golf 1.4 (standard edition) $28,897.98
CVE3M
$26,896.36
MNT97M

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pay 28.5% more for housing

 
Cabo Verde
Mongolia
Internet connection
50 mbps or faster, cable/dsl
$50.02
CVE4,946.60
$13.63
MNT49,062.50
1-Bedroom apartment in downtown area $414.04
CVE40,943.11
$569.30
MNT2M
1-Bedroom apartment outside city center $227.30
CVE22,476.93
$444.50
MNT2M

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pay 4.3 times more for childcare

 
Cabo Verde
Mongolia
Private preschool for 1 child, monthly $120.41
CVE11,906.93
$817.79
MNT3M
Middle school for 1 child, two semesters $3,082.45
CVE305K
$8,262.71
MNT30M

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pay 0.3% less for entertainment and sports

 
Cabo Verde
Mongolia
Domestic/local beer (1 pint) $3.26
CVE322.53
$2.36
MNT8,500.00
Cappuccino in mid-range area $2.01
CVE198.45
$2.42
MNT8,692.31
Pack of cigarettes
Marlboro or similar
$4.97
CVE491.32
$1.68
MNT6,044.89

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pay 67.9% more for clothing

 
Cabo Verde
Mongolia
Regular jeans
Levi's brand
$46.30
CVE4,578.74
$81.73
MNT294K
Regular dress
from H&M or similar store
$25.35
CVE2,506.72
$45.38
MNT163K
Running shoes
Nike or Adidas
$65.91
CVE6,517.48
$102.93
MNT370K

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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