Reykjavik vs Ulaanbaatar - Cost of Living Comparison

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Livingcost

Reykjavik Ulaanbaatar
🚶 Cost of living one person
$2915
$907
👨‍👩‍👧‍👦 Cost of living Family
$5968
$2342
🏠 One person rent
$1781
$472
🏘️ Family rent
$2749
$1015
🍽️ Food expenses
$832
$305
🚐 Transport expenses
$88.7
$44.3
💳 Monthly salary after tax
$3918
$408
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
4 km
14 km
🎓 Higher education
53
43
😀 Quality of life
89
55
🏙️ Population
140K
1.4M

The cost of living in Reykjavik is 221% more expensive than in Ulaanbaatar. Cities ranked 204th and 6109th ($2915 vs $907) in the list of the most expensive cities in the world and ranked 1st and 1st in Iceland and Mongolia, respectively. Check Iceland vs Mongolia comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 0.5 months in Ulaanbaatar. Reykjavik ranked 1st best city to live in Iceland vs Ulaanbaatar ranked 1st in Mongolia, while ranked 189th and 5802nd among best cities to live in the world.

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Prices in Reykjavik vs Ulaanbaatar

Prices for goods and services in Reykjavik and Ulaanbaatar are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Reykjavik Ulaanbaatar
Eating Out
🍱 Lunch Menu
$22
$4.82
🥂 Dinner in a Restaurant, for 2
$125
$29.5
🥪 Fast food meal, equiv. McDonald's
$18.5
$4.82
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$11.1
$1.69
 Cappuccino
$5.35
$2.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$0.8
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1809
$507
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1626
$383
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2822
$1391
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2552
$806
🔌 Utility Bill one person, electricity, heating, water, etc.
$44.2
$50.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$68.4
$78.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$74.1
$13.5
🏦 Mortgage Interest Rate for 20 Years
8.55%
6.39%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6498
$1637
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5311
$959
Transportation
🚌 Local transport ticket
$4.63
$0.15
🎟️ Monthly ticket local transport
$77.2
$7.32
🚕 Taxi Ride, 8 km or 5 mi
$24.8
$5.34
 Gas / Petrol, 1 L or 0.26 gal
$2.29
$1.07
Groceries
🥛 Milk, 1 L or 1 qt
$1.72
$1.41
🍞 Bread, 0.5 kg or 1.1 lb
$3.66
$0.91
🍚 Rice, 1 kg or 2.2 lb
$3.25
$1.68
🥚 Eggs, x12
$5.9
$2.17
🧀 Cheese, 1 kg or 2.2 lb
$16
$13.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$21.4
$4.55
🥩 Round Steak, 1 kg or 2.2 lb
$37.6
$5.9
🍏 Apples, 1 kg or 2.2 lb
$3.07
$3.71
🍌 Banana, 1 kg or 2.2 lb
$2.29
$2.88
🍊 Oranges, 1 kg or 2.2 lb
$2.72
$4.22
🍅 Tomato, 1 kg or 2.2 lb
$4.99
$3.24
🥔 Potato, 1 kg or 2.2 lb
$3.21
$0.65
🧅 Onion, 1 kg or 2.2 lb
$2.16
$1.04
🌊 Water, 1 L or 1 qt
$1.37
$0.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.74
$1.38
🍾 Wine (mid-priced), 750 mL bottle
$22
$9.09
🍺 Beer, 0.5 L or 16 fl oz
$3.27
$1.08
🚬 Cigarette pack
$12.2
$1.79
💊 Cold medicince, 1 week
$11.6
$10.5
🧴 Hair Shampoo
$5.36
$3.86
🧻 Toilet paper, 4 rolls
$4.68
$2.62
👄 Toothpaste, 1 tube
$3.32
$1.89
Other
🏋️ Gym Membership, 1 month
$71.8
$68.7
🎫 Cinema Ticket, 1 person
$15.1
$4.69
👩‍⚕️ Doctor's visit
$84.7
$19.9
💇 Haircut, simple
$47.4
$5.6
👖 Brand Jeans
$112
$66.5
👟 Brand Sneakers
$155
$88.2
👶 Daycare or Preschool, 1 month
$254
$154
🏫 International Primary School, 1 year
$6167
$7750

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161

Cities near Ulaanbaatar

Distance City Cost of living
268 km or 167 mi Bulgan
$875
437 km or 272 mi Ulan-Ude
$568
520 km or 323 mi Irkutsk
$741
559 km or 347 mi Angarsk
$575
656 km or 408 mi Chita
$617
794 km or 493 mi Manzhouli
$629
798 km or 496 mi Bayannur
$1005
835 km or 519 mi Xilinhot
$677
840 km or 522 mi Baotou
$684
875 km or 544 mi Hohhot
$581
914 km or 568 mi Ulanqab
$644
917 km or 570 mi Wuhai
$1380
934 km or 581 mi Ordos
$676
954 km or 593 mi Hulunbuir
$646
969 km or 602 mi Fengzhen
$637
985 km or 612 mi Bratsk
$447
992 km or 616 mi Shizuishan
$806
1008 km or 626 mi Datong
$729
1012 km or 629 mi Zhangjiakou
$657
1025 km or 637 mi Yakeshi
$605
1028 km or 639 mi Huairen
$648
1050 km or 652 mi Shenmu
$602
1051 km or 653 mi Yinchuan
$561
1051 km or 653 mi Shuozhou
$619
1094 km or 680 mi Lingwu
$574
1103 km or 685 mi Qingtongxia
$573
1106 km or 687 mi Wuzhong
$601
1113 km or 692 mi Jinchang
$603
1124 km or 698 mi Yuanping
$570
1126 km or 700 mi Zhangye
$515
1131 km or 703 mi Chifeng
$628
1131 km or 703 mi Jiuquan
$502
1156 km or 718 mi Xinzhou
$577
1164 km or 723 mi Wuwei
$589
1165 km or 724 mi Chengde
$760
1166 km or 724 mi Ulanhot
$537
1166 km or 724 mi Zhongwei
$623
1169 km or 726 mi Beijing
$1067
1169 km or 727 mi Yumen
$629
1176 km or 731 mi Zalantun
$594