Published: Monday, 21th October 2024
The cost of living in Guinea is 2.92 times less expensive as compared to Mongolia.
On this page, you will find side-by-side cost comparison between Guinea 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 Guinea and Mongolia.
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Indicators | Guinea | Mongolia |
---|---|---|
1 BHK Apartment in City Center | 2,000,000 GNF (240 USD) | 800,000 MNT (232 USD) |
2 BHK Apartment in City Center | 3,500,000 GNF (420 USD) | 1,200,000 MNT (348 USD) |
3 BHK Apartment in City Center | 5,000,000 GNF (600 USD) | 1,600,000 MNT (464 USD) |
1 BHK Apartment outside City Center | 1,200,000 GNF (144 USD) | 500,000 MNT (145 USD) |
2 BHK Apartment outside City Center | 2,000,000 GNF (240 USD) | 800,000 MNT (232 USD) |
3 BHK Apartment outside City Center | 3,000,000 GNF (360 USD) | 1,200,000 MNT (348 USD) |
Mortgage Rates Per Month | 10 % | 1.3 % |
Realtor Commission | 3 % | 2 % |
Property Taxes | Yet to Update | 0.6 % |
The average housing cost in Guinea is 1.15 times more expensive than Mongolia.
Indicators | Guinea | Mongolia |
---|---|---|
Basic Home Furnishing | 4,000,000 GNF (480 USD) | 3,000,000 MNT (870 USD) |
Electricity Cost Per Month | 100,000 GNF (12 USD) | 50,000 MNT (14.50 USD) |
Heating Cost Per Month | 50,000 GNF (6 USD) | 70,000 MNT (20.30 USD) |
Cooling Cost Per Month | 40,000 GNF (4.80 USD) | 30,000 MNT (8.70 USD) |
Water Supply Cost Per Month | 30,000 GNF (3.60 USD) | 30,000 MNT (8.70 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 45.09% less for Utilities.
The basic home furnishing in Guinea costs 1.81 times less compared to Mongolia.
Indicators | Guinea | Mongolia |
---|---|---|
Standard Wifi Cost Per Month | 50,000 GNF (6 USD) | 40,000 MNT (11.60 USD) |
Mobile Phone Basic Plan Cost Per Month | 25,000 GNF (3 USD) | 30,000 MNT (8.70 USD) |
Landline Basic Plan Cost Per Month | 20,000 GNF (2.40 USD) | 15,000 MNT (4.35 USD) |
Cable TV Basic Plan Cost Per Month | 30,000 GNF (3.60 USD) | 20,000 MNT (5.80 USD) |
The internet and communication costs 50.74% less in Guinea compared to Mongolia.
Indicators | Guinea | Mongolia |
---|---|---|
Long Grain Rice (1 KG) | 10,000 GNF (1.20 USD) | 3,000 MNT (0.87 USD) |
Milk (1 Liter) | 5,000 GNF (0.60 USD) | 1,500 MNT (0.43 USD) |
Water (1 Liter) | 2,000 GNF (0.24 USD) | 1,000 MNT (0.29 USD) |
Bread (500 gm) | 3,000 GNF (0.36 USD) | 2,000 MNT (0.58 USD) |
Eggs (1 Dozen) | 6,000 GNF (0.72 USD) | 4,000 MNT (1.16 USD) |
Cheese (1 KG) | 15,000 GNF (1.80 USD) | 7,000 MNT (2.03 USD) |
Chicken Breast (1 KG) | 20,000 GNF (2.40 USD) | 8,000 MNT (2.32 USD) |
In Guinea, the cost of 1 Liter Water and 1 Liter Milk is 1.16 times more expensive than the cost in Mongolia.
If you lived in Guinea, instead of Mongolia, you would have to pay 4.75% less for Groceries.
Indicators | Guinea | Mongolia |
---|---|---|
Apples (1 KG) | 12,000 GNF (1.44 USD) | 4,000 MNT (1.16 USD) |
Bananas (1 KG) | 6,000 GNF (0.72 USD) | 3,000 MNT (0.87 USD) |
Oranges (1 KG) | 8,000 GNF (0.96 USD) | 3,500 MNT (1.01 USD) |
Tomatoes (1 KG) | 7,000 GNF (0.84 USD) | 3,000 MNT (0.87 USD) |
Potatoes (1 KG) | 6,000 GNF (0.72 USD) | 2,000 MNT (0.58 USD) |
Lemons (1 KG) | 10,000 GNF (1.20 USD) | 4,500 MNT (1.30 USD) |
Onions (1 KG) | 7,000 GNF (0.84 USD) | 2,500 MNT (0.72 USD) |
Lentils (1 KG) | 12,000 GNF (1.44 USD) | 4,000 MNT (1.16 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 1.06 times more for Fruits and Vegetables.
Indicators | Guinea | Mongolia |
---|---|---|
Meal at a Resonable Restaurant | 30,000 GNF (3.60 USD) | 15,000 MNT (4.35 USD) |
Three-Course Meal for Two | 80,000 GNF (9.60 USD) | 40,000 MNT (11.60 USD) |
Fast Food Combo Meal | 15,000 GNF (1.80 USD) | 10,000 MNT (2.90 USD) |
Normal Coffee | 5,000 GNF (0.60 USD) | 3,000 MNT (0.87 USD) |
Soft Drink | 3,000 GNF (0.36 USD) | 1,500 MNT (0.43 USD) |
Pizza for One | 25,000 GNF (3 USD) | 25,000 MNT (7.25 USD) |
Take-Out Delivery Meal | 20,000 GNF (2.40 USD) | 20,000 MNT (5.80 USD) |
Cigarette Pack of 20 | 10,000 GNF (1.20 USD) | 5,000 MNT (1.45 USD) |
Dining-Out costs 34.90% less in Guinea compared to Mongolia.
Indicators | Guinea | Mongolia |
---|---|---|
Wine Mid-Range Bottle | 60,000 GNF (7.20 USD) | 25,000 MNT (7.25 USD) |
Glass of Wine | 15,000 GNF (1.80 USD) | 5,000 MNT (1.45 USD) |
Domestic Beer Half Liter | 5,000 GNF (0.60 USD) | 2,500 MNT (0.72 USD) |
Imported Beer Half Liter | 8,000 GNF (0.96 USD) | 3,500 MNT (1.01 USD) |
Domestic Alcohol 1 Liter | 20,000 GNF (2.40 USD) | 8,000 MNT (2.32 USD) |
Branded Alcohol 1 Liter | 30,000 GNF (3.60 USD) | 20,000 MNT (5.80 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 1.12 times less for usual hard drinks.
Indicators | Guinea | Mongolia |
---|---|---|
Monthly Public Transportation Pass | 100,000 GNF (12 USD) | 30,000 MNT (8.70 USD) |
Single Public Transportation Ticket | 5,000 GNF (0.60 USD) | 1,500 MNT (0.43 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 500,000 GNF (60 USD) | 50,000 MNT (14.50 USD) |
Taxi Start Fare | 10,000 GNF (1.20 USD) | 5,000 MNT (1.45 USD) |
Taxi Rate Per Kilometer | 5,000 GNF (0.60 USD) | 1,500 MNT (0.43 USD) |
Car Rental Per Day | 200,000 GNF (24 USD) | 50,000 MNT (14.50 USD) |
Parking Fees in City Center Per Hour | 5,000 GNF (0.60 USD) | 5,000 MNT (1.45 USD) |
Parking Fees outside City Center Per Hour | 2,000 GNF (0.24 USD) | 2,000 MNT (0.58 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 2.36 times more for transportation.
Indicators | Guinea | Mongolia |
---|---|---|
Reasonable Vehicle Purchase Cost | 5,000,000 GNF (600 USD) | 20,000,000 MNT (5,800 USD) |
Vehicle Registration Cost | 50,000 GNF (6 USD) | 50,000 MNT (14.50 USD) |
Driving License Fees | 100,000 GNF (12 USD) | 50,000 MNT (14.50 USD) |
Car Insurance Cost | 500,000 GNF (60 USD) | 200,000 MNT (58 USD) |
Car Maintenance Cost | 100,000 GNF (12 USD) | 100,000 MNT (29 USD) |
Car Loan Interest Rates | 12 % | 10 % |
Fuel Per Liter | 8,000 GNF (0.96 USD) | 2,500 MNT (0.72 USD) |
Fuel Per Gallon | 30,000 GNF (3.60 USD) | 10,000 MNT (2.90 USD) |
Average Toll Fees | 10,000 GNF 1.20 USD | Yet to Update |
You would have to pay 8.51 times less for Vehicle purchase, daily operation and maintenance in Guinea compared to that of Mongolia.
Indicators | Guinea | Mongolia |
---|---|---|
Doctor Visit | 50,000 GNF (6 USD) | 30,000 MNT (8.70 USD) |
Specialist Visit | 80,000 GNF (9.60 USD) | 50,000 MNT (14.50 USD) |
Dentist Visit | 60,000 GNF (7.20 USD) | 40,000 MNT (11.60 USD) |
Eye Exam | 30,000 GNF (3.60 USD) | 25,000 MNT (7.25 USD) |
Mental Health Counseling | 70,000 GNF (8.40 USD) | 25,000 MNT (7.25 USD) |
Preventive Health Screening | 40,000 GNF (4.80 USD) | 20,000 MNT (5.80 USD) |
Physical Therapy | 60,000 GNF (7.20 USD) | 30,000 MNT (8.70 USD) |
Emergency Room Visit | 100,000 GNF (12 USD) | 100,000 MNT (29 USD) |
Hospital Stay Per Night | 150,000 GNF (18 USD) | 150,000 MNT (43.50 USD) |
Vaccinations | 30,000 GNF (3.60 USD) | 10,000 MNT (2.90 USD) |
Prescription Medication | 20,000 GNF (2.40 USD) | 15,000 MNT (4.35 USD) |
Over the Counter Medication | 10,000 GNF (1.20 USD) | 5,000 MNT (1.45 USD) |
Health Insurance Premiums | 200,000 GNF (24 USD) | 60,000 MNT (17.40 USD) |
Health Insurance Deductibles | 50,000 GNF (6 USD) | 30,000 MNT (8.70 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 1.50 times less for Health and Medical Treatment.
Indicators | Guinea | Mongolia |
---|---|---|
Cosmetic Procedures | 200,000 GNF (24 USD) | 150,000 MNT (43.50 USD) |
Spa Treatment | 80,000 GNF (9.60 USD) | 50,000 MNT (14.50 USD) |
Manicure Pedicure Cost | 30,000 GNF (3.60 USD) | 15,000 MNT (4.35 USD) |
Optical Glasses Cost | 80,000 GNF (9.60 USD) | 50,000 MNT (14.50 USD) |
Contact Lenses Cost | 40,000 GNF (4.80 USD) | 15,000 MNT (4.35 USD) |
Haircuts | 30,000 GNF (3.60 USD) | 10,000 MNT (2.90 USD) |
Hair Coloring | 70,000 GNF (8.40 USD) | 30,000 MNT (8.70 USD) |
Shampoo Price | 10,000 GNF (1.20 USD) | 2,000 MNT (0.58 USD) |
Toothpaste Price | 5,000 GNF (0.60 USD) | 1,000 MNT (0.29 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 1.43 times less for Personal Care Items and Treatment.
Indicators | Guinea | Mongolia |
---|---|---|
Pair of Nike Running Shoes | 150,000 GNF (18 USD) | 80,000 MNT (23.20 USD) |
Men's Shirt | 60,000 GNF (7.20 USD) | 40,000 MNT (11.60 USD) |
Women's Dress | 70,000 GNF (8.40 USD) | 60,000 MNT (17.40 USD) |
Summer Dress | 50,000 GNF (6 USD) | 50,000 MNT (14.50 USD) |
Men's Suit | 200,000 GNF (24 USD) | 200,000 MNT (58 USD) |
Men's Jeans | 80,000 GNF (9.60 USD) | 50,000 MNT (14.50 USD) |
Women's Jeans | 60,000 GNF (7.20 USD) | 50,000 MNT (14.50 USD) |
Men's Formal Shoes | 100,000 GNF (12 USD) | 70,000 MNT (20.30 USD) |
Women's Formal Shoes | 80,000 GNF (9.60 USD) | 70,000 MNT (20.30 USD) |
Men's Casual Shoes | 60,000 GNF (7.20 USD) | 50,000 MNT (14.50 USD) |
Women's Casual Shoes | 50,000 GNF (6 USD) | 50,000 MNT (14.50 USD) |
Underwear For Men | 15,000 GNF (1.80 USD) | 5,000 MNT (1.45 USD) |
Underwear For Women | 20,000 GNF (2.40 USD) | 7,000 MNT (2.03 USD) |
Socks For Men | 5,000 GNF (0.60 USD) | 2,000 MNT (0.58 USD) |
Socks For Women | 6,000 GNF (0.72 USD) | 2,000 MNT (0.58 USD) |
Wintercoat for Adults | 100,000 GNF (12 USD) | 80,000 MNT (23.20 USD) |
Sportswear | 50,000 GNF (6 USD) | 40,000 MNT (11.60 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 1.89 times less for Clothing and Footwear for Adults.
Indicators | Guinea | Mongolia |
---|---|---|
Children's Jeans | 40,000 GNF (4.80 USD) | 30,000 MNT (8.70 USD) |
Children's Normal Sneakers | 50,000 GNF (6 USD) | 40,000 MNT (11.60 USD) |
Children's Winter Coat | 60,000 GNF (7.20 USD) | 50,000 MNT (14.50 USD) |
Daycare for Infant | 100,000 GNF (12 USD) | 200,000 MNT (58 USD) |
Daycare for Toddler | 70,000 GNF (8.40 USD) | 150,000 MNT (43.50 USD) |
Childcare for Sick Days | 20,000 GNF (2.40 USD) | 20,000 MNT (5.80 USD) |
Early Childhood Education Programs | 80,000 GNF (9.60 USD) | 150,000 MNT (43.50 USD) |
Extra Curricular Activities | 30,000 GNF (3.60 USD) | 50,000 MNT (14.50 USD) |
Summer Camp for Kids | 50,000 GNF (6 USD) | 200,000 MNT (58 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 4.30 times less for Childcare and kids clothing.
Indicators | Guinea | Mongolia |
---|---|---|
PreSchool Fees | 60,000 GNF (7.20 USD) | 250,000 MNT (72.50 USD) |
Primary School Fees | 150,000 GNF (18 USD) | 300,000 MNT (87 USD) |
Secondary School Fees | 200,000 GNF (24 USD) | 400,000 MNT (116 USD) |
Private School Fees | 300,000 GNF (36 USD) | 600,000 MNT (174 USD) |
University Tuition Fees | 500,000 GNF (60 USD) | 2,000,000 MNT (580 USD) |
University Private Tuition Fees | 600,000 GNF (72 USD) | 4,000,000 MNT (1,160 USD) |
After School Activities | 20,000 GNF (2.40 USD) | 50,000 MNT (14.50 USD) |
Special Education Services | 50,000 GNF (6 USD) | 200,000 MNT (58 USD) |
Tutoring | 20,000 GNF (2.40 USD) | 20,000 MNT (5.80 USD) |
Textbooks Cost | 15,000 GNF (1.80 USD) | 10,000 MNT (2.90 USD) |
School Supplies | 10,000 GNF (1.20 USD) | 5,000 MNT (1.45 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 9.84 times less for school and education.
Indicators | Guinea | Mongolia |
---|---|---|
Movie Ticket (Single) | 20,000 GNF (2.40 USD) | 10,000 MNT (2.90 USD) |
Theater Ticket (Single) | 30,000 GNF (3.60 USD) | 20,000 MNT (5.80 USD) |
Concert Ticket (Single) | 40,000 GNF (4.80 USD) | 30,000 MNT (8.70 USD) |
Sports Event Ticket (Single) | 30,000 GNF (3.60 USD) | 20,000 MNT (5.80 USD) |
Gym Membership | 50,000 GNF (6 USD) | 30,000 MNT (8.70 USD) |
Swimming Pool Access | 20,000 GNF (2.40 USD) | 20,000 MNT (5.80 USD) |
Museum Entry Ticket | 10,000 GNF (1.20 USD) | 5,000 MNT (1.45 USD) |
Zoo Entry Ticket | 15,000 GNF (1.80 USD) | 10,000 MNT (2.90 USD) |
Amusement Park Entry Ticket | 25,000 GNF (3 USD) | 15,000 MNT (4.35 USD) |
Bowling | 20,000 GNF (2.40 USD) | 10,000 MNT (2.90 USD) |
Mini Golf | 20,000 GNF (2.40 USD) | 8,000 MNT (2.32 USD) |
Video Games | 80,000 GNF (9.60 USD) | 20,000 MNT (5.80 USD) |
Streaming Services | 40,000 GNF (4.80 USD) | 15,000 MNT (4.35 USD) |
Outdoor Equipment Rental | 30,000 GNF (3.60 USD) | 10,000 MNT (2.90 USD) |
Theme Park Annual Pass | 200,000 GNF (24 USD) | 300,000 MNT (87 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 2.01 times less for entertainment, recreation and fun activities.
Indicators | Guinea | Mongolia |
---|---|---|
Language Classes | 20,000 GNF (2.40 USD) | 100,000 MNT (29 USD) |
Parenting Classes | 20,000 GNF (2.40 USD) | 50,000 MNT (14.50 USD) |
Art Classes | 30,000 GNF (3.60 USD) | 15,000 MNT (4.35 USD) |
Fitness Classes | 30,000 GNF (3.60 USD) | 10,000 MNT (2.90 USD) |
Music Lessons | 50,000 GNF (6 USD) | 20,000 MNT (5.80 USD) |
Dance Lessons | 50,000 GNF (6 USD) | 20,000 MNT (5.80 USD) |
Reading Materials for Classes | 10,000 GNF (1.20 USD) | 5,000 MNT (1.45 USD) |
Educational Software | 15,000 GNF (1.80 USD) | 50,000 MNT (14.50 USD) |
If you lived in Guinea, instead of Mongolia, you would have to pay 2.90 times less for Private Classes.
Indicators | Guinea | Mongolia |
---|---|---|
Average Gross Monthly Salary | 1,200,000 GNF (144 USD) | 1,500,000 MNT (435 USD) |
Average Net Monthly Salary | 800,000 GNF (96 USD) | 1,000,000 MNT (290 USD) |
Minimum Wages | 10,000 GNF per hour (1.20 USD) | 16,666.67 MNT per hour (4.83 USD) |
Average Bonus | 50,000 GNF (6 USD) | 300,000 MNT (87 USD) |
Income Tax Rate | 0 to 18 % | 0 to 10 % |
Social Security Contributions | 5 % | 10 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 80 | 40 |
Median Household Income | 1,500,000 GNF (180 USD) | 1,200,000 MNT (348 USD) |
If you lived in Guinea, you would earn 2.73 times less salary as compared to Mongolia.
Indicators | Guinea | Mongolia |
---|---|---|
Legal Consultation Per Hour Rate | 50,000 GNF (6 USD) | 20,000 MNT (5.80 USD) |
Accounting Services Per Hour Rate | 40,000 GNF (4.80 USD) | 15,000 MNT (4.35 USD) |
IT Support Services Per Hour Rate | 35,000 GNF (4.20 USD) | 12,000 MNT (3.48 USD) |
Technician Services Per Hour Rate | 30,000 GNF (3.60 USD) | 10,000 MNT (2.90 USD) |
Professional Services cost 1.13 times more in Guinea, as compared to Mongolia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Guinea and Mongolia.
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