Mongolia vs. Liberia Cost of Living Summary

Mongolia is 16.7% more expensive than Liberia overall.

Restaurants
pay 44.0% less in Mongolia
Groceries
pay 52.8% less in Mongolia
Transportation
pay 10.4% less in Mongolia
Housing
pay 2.0 times more in Mongolia
Childcare
pay 8.2 times more in Mongolia
Entertainment and Sports
pay 24.7% less in Mongolia
Clothing
pay 2.0 times more in Mongolia

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

Mongolia vs. Liberia Cost Breakdown

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

pay 44.0% less for restaurants

 
Liberia
Mongolia
Basic meal with drink at inexpensive restaurant $7.50
LRD1,277.57
$5.56
MNT20,000.00
Fast food combo meal
McDonalds, or similar
$11.00
LRD1,873.76
$5.56
MNT20,000.00
Bottle of Coca-Cola (11 fl. oz) $2.00
LRD340.68
$0.86
MNT3,083.33

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pay 52.8% less for groceries

 
Liberia
Mongolia
Bread
1 loaf
$1.79
LRD305.13
$1.00
MNT3,588.33
Local cheese (8 oz) $3.86
LRD657.20
$6.18
MNT22,248.75
Milk (1 gallon) $8.01
LRD1,364.69
$5.49
MNT19,758.34

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pay 10.4% less for transportation

 
Liberia
Mongolia
Gasoline (1 gallon) $4.69
LRD799.47
$4.32
MNT15,549.41
Monthly public transit pass $20.00
LRD3,406.84
$16.67
MNT60,000.00
New Volkswagen Golf 1.4 (standard edition) $20,000.00
LRD3M
$26,896.36
MNT97M

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pay 2.0 times more for housing

 
Liberia
Mongolia
Internet connection
50 mbps or faster, cable/dsl
$180.00
LRD30,661.58
$13.63
MNT49,062.50
1-Bedroom apartment in downtown area $250.00
LRD42,585.53
$569.30
MNT2M
1-Bedroom apartment outside city center $95.00
LRD16,182.50
$444.50
MNT2M

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pay 8.2 times more for childcare

 
Liberia
Mongolia
Private preschool for 1 child, monthly $100.00
LRD17,034.21
$817.79
MNT3M
Middle school for 1 child, two semesters $1,000.00
LRD170K
$8,262.71
MNT30M

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pay 24.7% less for entertainment and sports

 
Liberia
Mongolia
Domestic/local beer (1 pint) $4.00
LRD681.37
$2.36
MNT8,500.00
Cappuccino in mid-range area $3.00
LRD511.03
$2.42
MNT8,692.31
Pack of cigarettes
Marlboro or similar
$5.00
LRD851.71
$1.68
MNT6,044.89

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pay 2.0 times more for clothing

 
Liberia
Mongolia
Regular jeans
Levi's brand
$25.00
LRD4,258.55
$81.73
MNT294K
Regular dress
from H&M or similar store
$32.50
LRD5,536.12
$45.38
MNT163K
Running shoes
Nike or Adidas
$55.00
LRD9,368.82
$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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