Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 4.28 times more expensive as compared to Mongolia.
On this page, you will find side-by-side cost comparison between Cabo Verde and Mongolia. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Cabo Verde and Mongolia.
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 Indicators  | Cabo Verde  | Mongolia  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 800,000 MNT (232 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 1,200,000 MNT (348 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 1,600,000 MNT (464 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 500,000 MNT (145 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 800,000 MNT (232 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 1,200,000 MNT (348 USD) |
Mortgage Rates Per Month  | 5 % | 1.3 % |
Realtor Commission  | 3 % | 2 % |
Property Taxes  | 0.25 to 0.5 % | 0.6 % |
The average housing cost in Cabo Verde is 2.32 times more expensive than Mongolia.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 3,000,000 MNT (870 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 50,000 MNT (14.50 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 70,000 MNT (20.30 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 30,000 MNT (8.70 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 30,000 MNT (8.70 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 42.53% less for Utilities.
The basic home furnishing in Cabo Verde costs 2.90 times less compared to Mongolia.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 40,000 MNT (11.60 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 30,000 MNT (8.70 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 15,000 MNT (4.35 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 20,000 MNT (5.80 USD) |
The internet and communication costs 606.08% more in Cabo Verde compared to Mongolia.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 3,000 MNT (0.87 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 1,500 MNT (0.43 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 1,000 MNT (0.29 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 2,000 MNT (0.58 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 4,000 MNT (1.16 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 7,000 MNT (2.03 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 8,000 MNT (2.32 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 17.93 times more expensive than the cost in Mongolia.
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 1097.14% more for Groceries.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 4,000 MNT (1.16 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 3,000 MNT (0.87 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 3,500 MNT (1.01 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 3,000 MNT (0.87 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 2,000 MNT (0.58 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 4,500 MNT (1.30 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 2,500 MNT (0.72 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 4,000 MNT (1.16 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 10.41 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 15,000 MNT (4.35 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 40,000 MNT (11.60 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 10,000 MNT (2.90 USD) |
Normal Coffee  | 300 CVE (3 USD) | 3,000 MNT (0.87 USD) |
Soft Drink  | 200 CVE (2 USD) | 1,500 MNT (0.43 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 25,000 MNT (7.25 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 20,000 MNT (5.80 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 5,000 MNT (1.45 USD) |
Dining-Out costs 384.78% more in Cabo Verde compared to Mongolia.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 25,000 MNT (7.25 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 5,000 MNT (1.45 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 2,500 MNT (0.72 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 3,500 MNT (1.01 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 8,000 MNT (2.32 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 20,000 MNT (5.80 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 5.77 times more for usual hard drinks.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 30,000 MNT (8.70 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 1,500 MNT (0.43 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | 50,000 MNT (14.50 USD) |
Taxi Start Fare  | 300 CVE (3 USD) | 5,000 MNT (1.45 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 1,500 MNT (0.43 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 50,000 MNT (14.50 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 5,000 MNT (1.45 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 2,000 MNT (0.58 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 7.36 times more for transportation.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 20,000,000 MNT (5,800 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 50,000 MNT (14.50 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 50,000 MNT (14.50 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 200,000 MNT (58 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 100,000 MNT (29 USD) |
Car Loan Interest Rates  | 6 % | 10 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 2,500 MNT (0.72 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 10,000 MNT (2.90 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 5.25 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Mongolia.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 30,000 MNT (8.70 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 50,000 MNT (14.50 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 40,000 MNT (11.60 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 25,000 MNT (7.25 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 25,000 MNT (7.25 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 20,000 MNT (5.80 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 30,000 MNT (8.70 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 100,000 MNT (29 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 150,000 MNT (43.50 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 10,000 MNT (2.90 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 15,000 MNT (4.35 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 5,000 MNT (1.45 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 60,000 MNT (17.40 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 30,000 MNT (8.70 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 4.27 times more for Health and Medical Treatment.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 150,000 MNT (43.50 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 50,000 MNT (14.50 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 15,000 MNT (4.35 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 50,000 MNT (14.50 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 15,000 MNT (4.35 USD) |
Haircuts  | 1,000 CVE (10 USD) | 10,000 MNT (2.90 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 30,000 MNT (8.70 USD) |
Shampoo Price  | 400 CVE (4 USD) | 2,000 MNT (0.58 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 1,000 MNT (0.29 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 4.01 times more for Personal Care Items and Treatment.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 80,000 MNT (23.20 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 40,000 MNT (11.60 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 60,000 MNT (17.40 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 50,000 MNT (14.50 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 200,000 MNT (58 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 50,000 MNT (14.50 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 50,000 MNT (14.50 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 70,000 MNT (20.30 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 70,000 MNT (20.30 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 50,000 MNT (14.50 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 50,000 MNT (14.50 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 5,000 MNT (1.45 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 7,000 MNT (2.03 USD) |
Socks For Men  | 400 CVE (4 USD) | 2,000 MNT (0.58 USD) |
Socks For Women  | 400 CVE (4 USD) | 2,000 MNT (0.58 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 80,000 MNT (23.20 USD) |
Sportswear  | 8,000 CVE (80 USD) | 40,000 MNT (11.60 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 5.66 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 30,000 MNT (8.70 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 40,000 MNT (11.60 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 50,000 MNT (14.50 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 200,000 MNT (58 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 150,000 MNT (43.50 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 20,000 MNT (5.80 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 150,000 MNT (43.50 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 50,000 MNT (14.50 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 200,000 MNT (58 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 8.87 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 250,000 MNT (72.50 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 300,000 MNT (87 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 400,000 MNT (116 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 600,000 MNT (174 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 2,000,000 MNT (580 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 4,000,000 MNT (1,160 USD) |
After School Activities  | 20,000 CVE (200 USD) | 50,000 MNT (14.50 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 200,000 MNT (58 USD) |
Tutoring  | 25,000 CVE (250 USD) | 20,000 MNT (5.80 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 10,000 MNT (2.90 USD) |
School Supplies  | 8,000 CVE (80 USD) | 5,000 MNT (1.45 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 4.61 times more for school and education.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 10,000 MNT (2.90 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 20,000 MNT (5.80 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 30,000 MNT (8.70 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 20,000 MNT (5.80 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 30,000 MNT (8.70 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 20,000 MNT (5.80 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 5,000 MNT (1.45 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 10,000 MNT (2.90 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 15,000 MNT (4.35 USD) |
Bowling  | 1,500 CVE (15 USD) | 10,000 MNT (2.90 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 8,000 MNT (2.32 USD) |
Video Games  | 7,000 CVE (70 USD) | 20,000 MNT (5.80 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 15,000 MNT (4.35 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 10,000 MNT (2.90 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 300,000 MNT (87 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 3.89 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 100,000 MNT (29 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 50,000 MNT (14.50 USD) |
Art Classes  | 2,500 CVE (25 USD) | 15,000 MNT (4.35 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 10,000 MNT (2.90 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 20,000 MNT (5.80 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 20,000 MNT (5.80 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 5,000 MNT (1.45 USD) |
Educational Software  | 18,000 CVE (180 USD) | 50,000 MNT (14.50 USD) |
If you lived in Cabo Verde, instead of Mongolia, you would have to pay 8.81 times more for Private Classes.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 1,500,000 MNT (435 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 1,000,000 MNT (290 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 16,666.67 MNT per hour (4.83 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 300,000 MNT (87 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 10 % |
Social Security Contributions  | 10 % | 10 % |
Pension Contributions  | 8 % | 10 % |
Cost of Living Index  | 60 | 40 |
Median Household Income  | 150,000 CVE (1,500 USD) | 1,200,000 MNT (348 USD) |
If you lived in Cabo Verde, you would earn 2.76 times more salary as compared to Mongolia.
Indicators | Cabo Verde | Mongolia |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 20,000 MNT (5.80 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 15,000 MNT (4.35 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 12,000 MNT (3.48 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 10,000 MNT (2.90 USD) |
Professional Services cost 14.82 times more in Cabo Verde, as compared to Mongolia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Mongolia.
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