Cost of living comparison

Latvia

compared to

Mongolia

Mongolia vs. Latvia Cost of Living Summary

Mongolia is 7.2% cheaper than Latvia overall.

Restaurants: pay 45.1% less in Mongolia
Groceries: pay 4.9% more in Mongolia
Transportation: pay 35.6% less in Mongolia
Housing: pay 18.2% more in Mongolia
Childcare: pay 5.4% less in Mongolia
Entertainment and Sports: pay 33.8% less in Mongolia
Clothing: pay 30.3% more in Mongolia

The cost of clothing, housing, and groceries in Mongolia are more expensive than in Latvia. Expenses including restaurants, transportation, entertainment and sports, and childcare are lower in Mongolia.

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Mongolia vs. Latvia Cost Breakdown

If you lived in Mongolia instead of Latvia, you would:

Display currency: USD

pay 45.1% less for restaurants

	Latvia	Mongolia
Basic meal with drink at inexpensive restaurant	$11.94 €10.66	$5.56 MNT20,000.00	-53.5%
Fast food combo meal McDonalds, or similar	$8.15 €7.27	$5.56 MNT20,000.00	-31.8%
Bottle of Coca-Cola (11 fl. oz)	$1.51 €1.35	$0.86 MNT3,083.33	-43.3%
Bottle of water (11 fl. oz)	$1.14 €1.01	$0.59 MNT2,125.00	-48.1%
Average			-45.1%

Latvia vs. Mongolia - Cost of restaurants

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pay 4.9% more for groceries

	Latvia	Mongolia
Bread 1 loaf	$1.29 €1.15	$1.00 MNT3,588.33	-22.6%
Local cheese (8 oz)	$5.22 €4.66	$6.18 MNT22,248.75	+18.4%
Milk (1 gallon)	$4.36 €3.89	$5.49 MNT19,758.34	+25.9%
Eggs 1 dozen	$3.19 €2.85	$2.10 MNT7,573.96	-34.1%
Boneless chicken breast (1 lb)	$3.48 €3.10	$2.22 MNT7,975.68	-36.3%
Apples (1 lb)	$0.85 €0.76	$1.39 MNT5,003.76	+63.3%
Bananas (1 lb)	$0.80 €0.72	$1.09 MNT3,926.41	+35.8%
Oranges (1 lb)	$1.09 €0.97	$1.69 MNT6,091.75	+55.6%
Tomatoes (1 lb)	$1.31 €1.16	$1.37 MNT4,944.16	+5.3%
Potatoes (1 lb)	$0.39 €0.35	$0.33 MNT1,188.41	-16.3%
Onions (1 lb)	$0.42 €0.37	$0.48 MNT1,730.24	+15.0%
Average			+4.9%

Latvia vs. Mongolia - Cost of groceries

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pay 35.6% less for transportation

	Latvia	Mongolia
Gasoline (1 gallon)	$7.10 €6.34	$4.32 MNT15,549.41	-39.2%
Monthly public transit pass	$38.26 €34.15	$16.67 MNT60,000.00	-56.4%
New Volkswagen Golf 1.4 (standard edition)	$26,434.34 €23,593.66	$26,896.36 MNT97M	+1.7%
Taxi trip in downtown area (5 miles)	$9.18 €8.20	$4.86 MNT17,500.00	-47.0%
Average			-35.6%

Latvia vs. Mongolia - Cost of transportation

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pay 18.2% more for housing

	Latvia	Mongolia
Internet connection 50 mbps or faster, cable/dsl	$17.53 €15.64	$13.63 MNT49,062.50	-22.2%
1-Bedroom apartment in downtown area	$356.67 €318.34	$569.30 MNT2M	+59.6%
1-Bedroom apartment outside city center	$264.56 €236.13	$444.50 MNT2M	+68.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$227.24 €202.82	$54.38 MNT196K	-76.1%
Average			+18.2%

Latvia vs. Mongolia - Cost of housing

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pay 5.4% less for childcare

	Latvia	Mongolia
Private preschool for 1 child, monthly	$488.72 €436.20	$817.79 MNT3M	+67.3%
Middle school for 1 child, two semesters	$15,452.35 €13,791.81	$8,262.71 MNT30M	-46.5%
Average			-5.4%

Latvia vs. Mongolia - Cost of childcare

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pay 33.8% less for entertainment and sports

	Latvia	Mongolia
Domestic/local beer (1 pint)	$4.53 €4.04	$2.36 MNT8,500.00	-47.8%
Cappuccino in mid-range area	$3.14 €2.80	$2.42 MNT8,692.31	-23.0%
Pack of cigarettes Marlboro or similar	$6.10 €5.45	$1.68 MNT6,044.89	-72.5%
Monthly membership at local gym	$42.36 €37.81	$67.73 MNT244K	+59.9%
Movie ticket to theater/cinema	$9.96 €8.89	$4.17 MNT15,000.00	-58.2%
Average			-33.8%

Latvia vs. Mongolia - Cost of entertainment and sports

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pay 30.3% more for clothing

	Latvia	Mongolia
Regular jeans Levi's brand	$66.25 €59.13	$81.73 MNT294K	+23.4%
Regular dress from H&M or similar store	$39.10 €34.90	$45.38 MNT163K	+16.1%
Running shoes Nike or Adidas	$77.76 €69.40	$102.93 MNT370K	+32.4%
Men's business shoes (leather)	$123.17 €109.93	$187.55 MNT675K	+52.3%
Average			+30.3%

Latvia vs. Mongolia - 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 October 2026). How we calculate this

Compare further: Latvia vs. Mongolia

Salary Calculator · Free tool

What salary would you need in Mongolia?

Quality of Life Comparison · 22 statistics

Make 73.0% less money in Mongolia

Size Comparison · See true size

Latvia is about 24 times smaller than Mongolia.

Moving from Latvia to Mongolia · Cost, visas & climate

Compare cost of living, salary and climate.

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