Latvia vs Mongolia - Cost of Living Comparison

Updated:

Livingcost

Latvia Mongolia
🚶 Cost of living one person
$1163
$927
👨‍👩‍👧‍👦 Cost of living Family
$2906
$2220
🏠 One person rent
$545
$481
🏘️ Family rent
$906
$858
🍽️ Food expenses
$429
$311
🚐 Transport expenses
$65.2
$43.9
💳 Monthly salary after tax
$1419
$443
💸 GDP per capita
$23409
$6751
😃 Human freedom index
8.51
7.61
❤️ Life expectancy
75.7
72.1
👮 Corruption perceptions index
60
31
🌐 English speaking %
45.9%
1%
🎓 Higher education
72
43
😀 Quality of life
75
49
🏙️ Population
1.87M
3.52M

The average cost of living in Latvia ($1163) is 25% more expensive than in Mongolia ($927). Latvia ranked 74th vs 107th for Mongolia in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.2 months in Latvia compared to 0.5 months in Mongolia. Ranked 42nd and 99th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Latvia vs Mongolia

We calculate prices for Latvia and Mongolia as a population-weighted mean of 10 and 2 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Latvia Mongolia
Eating Out
🍱 Lunch Menu
$12.9
$5.46
🥂 Dinner in a Restaurant, for 2
$54.7
$29.9
🥪 Fast food meal, equiv. McDonald's
$8.18
$5.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.24
$2.26
 Cappuccino
$3.7
$2.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.76
$0.8
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$482
$483
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$336
$413
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$968
$1606
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$648
$818
🔌 Utility Bill one person, electricity, heating, water, etc.
$149
$40.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$233
$62
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.5
$14.8
🏦 Mortgage Interest Rate for 20 Years
4.36%
6.98%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2641
$1825
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1721
$946
Transportation
🚌 Local transport ticket
$1.53
$0.28
🎟️ Monthly ticket local transport
$38.2
$9.52
🚕 Taxi Ride, 8 km or 5 mi
$9.17
$4.97
 Gas / Petrol, 1 L or 0.26 gal
$1.86
$0.97
Groceries
🥛 Milk, 1 L or 1 qt
$1.35
$1.44
🍞 Bread, 0.5 kg or 1.1 lb
$1.49
$0.9
🍚 Rice, 1 kg or 2.2 lb
$2.52
$2.17
🥚 Eggs, x12
$3.46
$2.19
🧀 Cheese, 1 kg or 2.2 lb
$12.4
$9.93
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.26
$5.86
🥩 Round Steak, 1 kg or 2.2 lb
$12.3
$5.42
🍏 Apples, 1 kg or 2.2 lb
$1.82
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.92
$2.19
🍊 Oranges, 1 kg or 2.2 lb
$2.65
$4.14
🍅 Tomato, 1 kg or 2.2 lb
$3.6
$2.76
🥔 Potato, 1 kg or 2.2 lb
$1.02
$0.76
🧅 Onion, 1 kg or 2.2 lb
$1.03
$1.15
🌊 Water, 1 L or 1 qt
$0.59
$0.51
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.88
$1.19
🍾 Wine (mid-priced), 750 mL bottle
$8.58
$9.74
🍺 Beer, 0.5 L or 16 fl oz
$1.91
$1.45
🚬 Cigarette pack
$5.8
$1.53
💊 Cold medicince, 1 week
$8.41
$9.36
🧴 Hair Shampoo
$5.37
$3.66
🧻 Toilet paper, 4 rolls
$2.27
$2.5
👄 Toothpaste, 1 tube
$3.22
$1.8
Other
🏋️ Gym Membership, 1 month
$46.1
$67.5
🎫 Cinema Ticket, 1 person
$10.5
$4.16
👩‍⚕️ Doctor's visit
$51.6
$19.1
💇 Haircut, simple
$15.7
$4.76
👖 Brand Jeans
$81.1
$73.3
👟 Brand Sneakers
$92
$112
👶 Daycare or Preschool, 1 month
$500
$194
🏫 International Primary School, 1 year
$17173
$7542

Cost of living in other countries

Cost of living

Cities Comparison in Latvia vs Mongolia

More countries to compare

Cost of Living in Popular cities

In Latvia

City Cost of living Population
Riga
$1248
595K
Daugavpils
$952
78.1K
Liepaja
$1060
67.4K
Jelgava
$908
54.8K
Jurmala
$1423
52K
Ventspils
$994
32.7K
Valmiera
$944
22.8K
Jekabpils
$912
21K
Rezekne
$853
26.4K
Ogre
$1027
22.8K

In Mongolia

City Cost of living Population
Ulaanbaatar
$927
1.4M
Bulgan
$903
12.3K