Cabo Verde vs. Mongolia Cost of Living Summary

Cabo Verde is 4.9% cheaper than Mongolia overall.

Restaurants
pay 46.4% more in Cabo Verde
Groceries
pay 27.4% more in Cabo Verde
Transportation
pay 49.0% more in Cabo Verde
Housing
pay 22.2% less in Cabo Verde
Childcare
pay 76.6% less in Cabo Verde
Entertainment and Sports
pay 0.3% more in Cabo Verde
Clothing
pay 40.4% less in Cabo Verde

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

Cabo Verde vs. Mongolia Cost Breakdown

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

pay 46.4% more for restaurants

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

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pay 27.4% more for groceries

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

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pay 49.0% more for transportation

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

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pay 22.2% less for housing

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

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pay 76.6% less for childcare

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

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pay 0.3% more for entertainment and sports

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

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pay 40.4% less for clothing

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

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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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