Cost of living comparison

Hong Kong

compared to

Mongolia

Ulaanbaatar vs. Hong Kong Cost of Living Summary

Ulaanbaatar is 58.1% cheaper than Hong Kong.

Restaurants: pay 28.2% less in Ulaanbaatar
Groceries: pay 46.2% less in Ulaanbaatar
Transportation: pay 67.6% less in Ulaanbaatar
Housing: pay 72.4% less in Ulaanbaatar
Childcare: pay 49.1% less in Ulaanbaatar
Entertainment and Sports: pay 62.0% less in Ulaanbaatar
Clothing: pay 27.8% more in Ulaanbaatar

Expenses including housing, transportation, entertainment and sports, childcare, groceries, and restaurants are lower in Ulaanbaatar.

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Ulaanbaatar vs. Hong Kong Cost Breakdown

If you lived in Ulaanbaatar instead of Hong Kong, you would:

Display currency: USD

pay 28.2% less for restaurants

	Hong Kong	Ulaanbaatar
Basic meal with drink at inexpensive restaurant	$8.28 HK$64.98	$5.56 MNT20,000.00	-32.9%
Fast food combo meal McDonalds, or similar	$6.37 HK$49.99	$5.56 MNT20,000.00	-12.8%
Bottle of Coca-Cola (11 fl. oz)	$1.30 HK$10.23	$0.86 MNT3,083.33	-34.3%
Bottle of water (11 fl. oz)	$1.09 HK$8.59	$0.59 MNT2,125.00	-46.0%
Average			-28.2%

Hong Kong vs. Ulaanbaatar - Cost of restaurants

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pay 46.2% less for groceries

	Hong Kong	Ulaanbaatar
Bread 1 loaf	$2.37 HK$18.58	$1.00 MNT3,588.33	-57.9%
Local cheese (8 oz)	$12.52 HK$98.20	$6.18 MNT22,248.75	-50.6%
Milk (1 gallon)	$11.07 HK$86.89	$5.49 MNT19,758.34	-50.4%
Eggs 1 dozen	$3.47 HK$27.19	$2.10 MNT7,573.96	-39.3%
Boneless chicken breast (1 lb)	$3.96 HK$31.05	$2.22 MNT7,975.68	-44.0%
Apples (1 lb)	$1.87 HK$14.69	$1.39 MNT5,003.76	-25.7%
Bananas (1 lb)	$1.25 HK$9.78	$1.09 MNT3,926.41	-12.5%
Oranges (1 lb)	$2.09 HK$16.41	$1.69 MNT6,091.75	-19.0%
Tomatoes (1 lb)	$1.80 HK$14.11	$1.37 MNT4,944.16	-23.6%
Potatoes (1 lb)	$1.43 HK$11.25	$0.33 MNT1,188.41	-77.0%
Onions (1 lb)	$1.44 HK$11.31	$0.48 MNT1,730.24	-66.7%
Average			-46.2%

Hong Kong vs. Ulaanbaatar - Cost of groceries

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pay 67.6% less for transportation

	Hong Kong	Ulaanbaatar
Gasoline (1 gallon)	$15.51 HK$121.69	$4.32 MNT15,549.41	-72.1%
Monthly public transit pass	$89.19 HK$699.80	$16.67 MNT60,000.00	-81.3%
New Volkswagen Golf 1.4 (standard edition)	$44,597.12 HK$350K	$26,896.36 MNT97M	-39.7%
Taxi trip in downtown area (5 miles)	$14.40 HK$112.97	$4.86 MNT17,500.00	-66.2%
Average			-67.6%

Hong Kong vs. Ulaanbaatar - Cost of transportation

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pay 72.4% less for housing

	Hong Kong	Ulaanbaatar
Internet connection 50 mbps or faster, cable/dsl	$21.52 HK$168.85	$13.63 MNT49,062.50	-36.7%
1-Bedroom apartment in downtown area	$2,207.41 HK$17,318.98	$569.30 MNT2M	-74.2%
1-Bedroom apartment outside city center	$1,690.00 HK$13,259.46	$444.50 MNT2M	-73.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$190.59 HK$1,495.38	$54.38 MNT196K	-71.5%
Average			-72.4%

Hong Kong vs. Ulaanbaatar - Cost of housing

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pay 49.1% less for childcare

	Hong Kong	Ulaanbaatar
Private preschool for 1 child, monthly	$1,171.99 HK$9,195.28	$817.79 MNT3M	-30.2%
Middle school for 1 child, two semesters	$22,295.74 HK$175K	$8,262.71 MNT30M	-62.9%
Average			-49.1%

Hong Kong vs. Ulaanbaatar - Cost of childcare

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pay 62.0% less for entertainment and sports

	Hong Kong	Ulaanbaatar
Domestic/local beer (1 pint)	$7.65 HK$59.98	$2.36 MNT8,500.00	-69.1%
Cappuccino in mid-range area	$5.04 HK$39.55	$2.42 MNT8,692.31	-52.1%
Pack of cigarettes Marlboro or similar	$13.38 HK$104.97	$1.68 MNT6,044.89	-87.4%
Monthly membership at local gym	$93.07 HK$730.22	$67.73 MNT244K	-27.2%
Movie ticket to theater/cinema	$13.70 HK$107.47	$4.17 MNT15,000.00	-69.6%
Average			-62.0%

Hong Kong vs. Ulaanbaatar - Cost of entertainment and sports

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pay 27.8% more for clothing

	Hong Kong	Ulaanbaatar
Regular jeans Levi's brand	$67.63 HK$530.62	$81.73 MNT294K	+20.9%
Regular dress from H&M or similar store	$41.11 HK$322.53	$45.38 MNT163K	+10.4%
Running shoes Nike or Adidas	$80.54 HK$631.90	$102.93 MNT370K	+27.8%
Men's business shoes (leather)	$119.85 HK$940.36	$187.55 MNT675K	+56.5%
Average			+27.8%

Hong Kong vs. Ulaanbaatar - Cost of clothing

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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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