Cost of living comparison

Peru

compared to

Mongolia

Ulaanbaatar vs. Lima Cost of Living Summary

Ulaanbaatar is 1.4% more expensive than Lima.

Restaurants: pay 0.1% more in Ulaanbaatar
Groceries: pay 16.0% more in Ulaanbaatar
Transportation: pay 28.4% less in Ulaanbaatar
Housing: pay 2.9% less in Ulaanbaatar
Childcare: pay 69.8% more in Ulaanbaatar
Entertainment and Sports: pay 14.6% less in Ulaanbaatar
Clothing: pay 55.7% more in Ulaanbaatar

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

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Ulaanbaatar vs. Lima Cost Breakdown

If you lived in Ulaanbaatar instead of Lima, you would:

Display currency: USD

pay 0.1% more for restaurants

	Lima	Ulaanbaatar
Basic meal with drink at inexpensive restaurant	$4.36 PEN14.95	$5.56 MNT20,000.00	+27.6%
Fast food combo meal McDonalds, or similar	$6.94 PEN23.82	$5.56 MNT20,000.00	-19.9%
Bottle of Coca-Cola (11 fl. oz)	$1.09 PEN3.74	$0.86 MNT3,083.33	-21.3%
Bottle of water (11 fl. oz)	$0.63 PEN2.17	$0.59 MNT2,125.00	-6.7%
Average			+0.1%

Lima vs. Ulaanbaatar - Cost of restaurants

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pay 16.0% more for groceries

	Lima	Ulaanbaatar
Bread 1 loaf	$2.57 PEN8.84	$1.00 MNT3,588.33	-61.3%
Local cheese (8 oz)	$4.53 PEN15.56	$6.18 MNT22,248.75	+36.3%
Milk (1 gallon)	$6.09 PEN20.89	$5.49 MNT19,758.34	-9.8%
Eggs 1 dozen	$2.91 PEN9.99	$2.10 MNT7,573.96	-27.7%
Boneless chicken breast (1 lb)	$2.68 PEN9.21	$2.22 MNT7,975.68	-17.5%
Apples (1 lb)	$0.91 PEN3.13	$1.39 MNT5,003.76	+52.7%
Bananas (1 lb)	$0.48 PEN1.64	$1.09 MNT3,926.41	+128.9%
Oranges (1 lb)	$0.63 PEN2.17	$1.69 MNT6,091.75	+168.0%
Tomatoes (1 lb)	$0.68 PEN2.32	$1.37 MNT4,944.16	+103.0%
Potatoes (1 lb)	$0.42 PEN1.44	$0.33 MNT1,188.41	-21.2%
Onions (1 lb)	$0.40 PEN1.37	$0.48 MNT1,730.24	+20.0%
Average			+16.0%

Lima vs. Ulaanbaatar - Cost of groceries

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pay 28.4% less for transportation

	Lima	Ulaanbaatar
Gasoline (1 gallon)	$6.39 PEN21.92	$4.32 MNT15,549.41	-32.3%
Monthly public transit pass	$26.51 PEN90.98	$16.67 MNT60,000.00	-37.1%
New Volkswagen Golf 1.4 (standard edition)	$21,990.00 PEN75,466.91	$26,896.36 MNT97M	+22.3%
Taxi trip in downtown area (5 miles)	$20.18 PEN69.26	$4.86 MNT17,500.00	-75.9%
Average			-28.4%

Lima vs. Ulaanbaatar - Cost of transportation

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pay 2.9% less for housing

	Lima	Ulaanbaatar
Internet connection 50 mbps or faster, cable/dsl	$27.55 PEN94.54	$13.63 MNT49,062.50	-50.5%
1-Bedroom apartment in downtown area	$734.53 PEN2,520.82	$569.30 MNT2M	-22.5%
1-Bedroom apartment outside city center	$337.21 PEN1,157.28	$444.50 MNT2M	+31.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$55.42 PEN190.21	$54.38 MNT196K	-1.9%
Average			-2.9%

Lima vs. Ulaanbaatar - Cost of housing

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pay 69.8% more for childcare

	Lima	Ulaanbaatar
Private preschool for 1 child, monthly	$179.06 PEN614.50	$817.79 MNT3M	+356.7%
Middle school for 1 child, two semesters	$13,095.48 PEN44,942.05	$8,262.71 MNT30M	-36.9%
Average			+69.8%

Lima vs. Ulaanbaatar - Cost of childcare

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pay 14.6% less for entertainment and sports

	Lima	Ulaanbaatar
Domestic/local beer (1 pint)	$2.61 PEN8.97	$2.36 MNT8,500.00	-9.6%
Cappuccino in mid-range area	$3.24 PEN11.11	$2.42 MNT8,692.31	-25.4%
Pack of cigarettes Marlboro or similar	$5.76 PEN19.78	$1.68 MNT6,044.89	-70.9%
Monthly membership at local gym	$32.49 PEN111.50	$67.73 MNT244K	+108.5%
Movie ticket to theater/cinema	$7.26 PEN24.91	$4.17 MNT15,000.00	-42.6%
Average			-14.6%

Lima vs. Ulaanbaatar - Cost of entertainment and sports

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pay 55.7% more for clothing

	Lima	Ulaanbaatar
Regular jeans Levi's brand	$52.80 PEN181.20	$81.73 MNT294K	+54.8%
Regular dress from H&M or similar store	$34.89 PEN119.75	$45.38 MNT163K	+30.1%
Running shoes Nike or Adidas	$83.72 PEN287.31	$102.93 MNT370K	+22.9%
Men's business shoes (leather)	$78.93 PEN270.86	$187.55 MNT675K	+137.6%
Average			+55.7%

Lima 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 October 2026). How we calculate this

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