Cost of living comparison
South Korea is 2.1 times more expensive than Mongolia.
If you lived in South Korea instead of Mongolia, you would:
pay 48.9% more for restaurants
Mongolia
|
South Korea
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.26
MNT14,705.88
|
$6.13
₩8,447
|
|
Fast food combo meal
McDonalds, or similar
|
$4.26
MNT14,705.88
|
$5.18
₩7,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.79
MNT2,724.67
|
$1.41
₩1,938
|
|
Bottle of water (11 fl. oz) |
$0.44
MNT1,527.78
|
$0.67
₩930
|
|
pay 2.6 times more for groceries
Mongolia
|
South Korea
|
||
---|---|---|---|
Bread
1 loaf
|
$0.58
MNT2,017.97
|
$2.74
₩3,780
|
|
Local cheese (8 oz) |
$3.32
MNT11,437.91
|
$8.12
₩11,188
|
|
Milk (1 gallon) |
$4.00
MNT13,805.62
|
$7.20
₩9,922
|
|
Eggs
1 dozen
|
$1.73
MNT5,984.31
|
$2.73
₩3,764
|
|
Boneless chicken breast (1 lb) |
$1.71
MNT5,904.61
|
$3.58
₩4,940
|
|
Apples (1 lb) |
$1.26
MNT4,362.99
|
$2.90
₩3,991
|
|
Bananas (1 lb) |
$1.13
MNT3,903.47
|
$1.51
₩2,080
|
|
Oranges (1 lb) |
$1.31
MNT4,502.58
|
$2.66
₩3,667
|
|
Tomatoes (1 lb) |
$1.57
MNT5,405.32
|
$2.29
₩3,159
|
|
Potatoes (1 lb) |
$0.23
MNT798.51
|
$1.40
₩1,925
|
|
Onions (1 lb) |
$0.43
MNT1,486.56
|
$1.08
₩1,494
|
|
pay 3.0 times more for transportation
Mongolia
|
South Korea
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.92
MNT10,062.27
|
$4.92
₩6,786
|
|
Monthly public transit pass |
$6.96
MNT24,019.61
|
$43.73
₩60,258
|
|
New Volkswagen Golf 1.4 (standard edition) |
$16,339.87
MNT56,372,549.02
|
$28,660.56
₩39,493,672
|
|
Taxi trip in downtown area (5 miles) |
$3.84
MNT13,235.29
|
$9.34
₩12,865
|
|
pay 76.1% more for housing
Mongolia
|
South Korea
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$12.08
MNT41,666.67
|
$21.09
₩29,060
|
|
1-Bedroom apartment in downtown area |
$337.85
MNT1,165,577.34
|
$392.42
₩540,750
|
|
1-Bedroom apartment outside city center |
$195.76
MNT675,381.26
|
$302.43
₩416,742
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$42.93
MNT148,093.55
|
$111.18
₩153,199
|
|
pay 2.9 times more for childcare
Mongolia
|
South Korea
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$125.51
MNT433,006.54
|
$342.96
₩472,586
|
|
Middle school for 1 child, two semesters |
$6,399.26
MNT22,077,450.98
|
$18,987.50
₩26,164,395
|
|
pay 66.6% more for entertainment and sports
Mongolia
|
South Korea
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.49
MNT5,147.06
|
$2.92
₩4,021
|
|
Cappuccino in mid-range area |
$2.22
MNT7,647.06
|
$3.29
₩4,533
|
|
Pack of cigarettes
Marlboro or similar
|
$1.71
MNT5,882.35
|
$3.45
₩4,754
|
|
Monthly membership at local gym |
$56.83
MNT196,078.43
|
$44.03
₩60,668
|
|
Movie ticket to theater/cinema |
$4.26
MNT14,705.88
|
$8.93
₩12,299
|
|
pay 21.4% more for clothing
Mongolia
|
South Korea
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$39.25
MNT135,416.67
|
$48.44
₩66,752
|
|
Regular dress
from H&M or similar store
|
$27.71
MNT95,588.24
|
$44.60
₩61,457
|
|
Running shoes
Nike or Adidas
|
$70.41
MNT242,919.39
|
$75.46
₩103,978
|
|
Men's business shoes (leather) |
$97.02
MNT334,733.89
|
$91.03
₩125,443
|
|
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