Cost of living comparison
Reykjavik is 3.5 times more expensive than Ulaanbaatar.
If you lived in Reykjavik instead of Ulaanbaatar, you would:
pay 3.8 times more for restaurants
|
Ulaanbaatar
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.83
₮15,150
|
$18.96
kr2,593
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.59
₮14,392
|
$15.17
kr2,074
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.89
₮2,785
|
$2.56
kr350
|
|
| Bottle of water (11 fl. oz) |
$0.41
₮1,288
|
$2.10
kr287
|
|
pay 2.6 times more for groceries
|
Ulaanbaatar
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.58
₮1,824
|
$3.16
kr433
|
|
| Local cheese (8 oz) |
$3.68
₮11,531
|
$7.18
kr982
|
|
| Milk (1 gallon) |
$3.84
₮12,043
|
$5.92
kr810
|
|
|
Eggs
1 dozen
|
$1.71
₮5,373
|
$5.76
kr787
|
|
| Boneless chicken breast (1 lb) |
$2.00
₮6,283
|
$7.97
kr1,090
|
|
| Apples (1 lb) |
$1.19
₮3,717
|
$1.55
kr212
|
|
| Bananas (1 lb) |
$1.15
₮3,613
|
$1.01
kr138
|
|
| Oranges (1 lb) |
$1.25
₮3,932
|
$1.09
kr149
|
|
| Tomatoes (1 lb) |
$1.33
₮4,169
|
$2.10
kr287
|
|
| Potatoes (1 lb) |
$0.19
₮608
|
$1.21
kr166
|
|
| Onions (1 lb) |
$0.43
₮1,342
|
$0.65
kr89
|
|
pay 4.5 times more for transportation
|
Ulaanbaatar
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.30
₮10,333
|
$7.74
kr1,059
|
|
| Monthly public transit pass |
$7.89
₮24,745
|
$60.67
kr8,297
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,528.18
₮58,074,251
|
$34,127.10
kr4,666,882
|
|
| Taxi trip in downtown area (5 miles) |
$4.35
₮13,635
|
$26.95
kr3,685
|
|
pay 5.2 times more for housing
|
Ulaanbaatar
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$11.87
₮37,190
|
$71.50
kr9,777
|
|
| 1-Bedroom apartment in downtown area |
$289.10
₮906,157
|
$1,563.60
kr213,822
|
|
| 1-Bedroom apartment outside city center |
$167.67
₮525,550
|
$1,307.54
kr178,806
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$48.01
₮150,493
|
$77.31
kr10,573
|
|
pay 91.8% more for childcare
|
Ulaanbaatar
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$131.58
₮412,411
|
$368.36
kr50,373
|
|
| Middle school for 1 child, two semesters |
$6,766.81
₮21,209,727
|
$7,015.02
kr959,303
|
|
pay 4.1 times more for entertainment and sports
|
Ulaanbaatar
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.61
₮5,050
|
$9.10
kr1,244
|
|
| Cappuccino in mid-range area |
$2.32
₮7,285
|
$4.68
kr640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.61
₮5,050
|
$12.32
kr1,685
|
|
| Monthly membership at local gym |
$62.83
₮196,947
|
$75.09
kr10,269
|
|
| Movie ticket to theater/cinema |
$3.22
₮10,100
|
$13.65
kr1,867
|
|
pay 2.2 times more for clothing
|
Ulaanbaatar
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.87
₮159,434
|
$114.62
kr15,674
|
|
|
Regular dress
from H&M or similar store
|
$28.46
₮89,216
|
$46.77
kr6,395
|
|
|
Running shoes
Nike or Adidas
|
$71.81
₮225,083
|
$146.94
kr20,094
|
|
| Men's business shoes (leather) |
$76.26
₮239,030
|
$205.08
kr28,044
|
|
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