Published: Monday, 21th October 2024
The cost of living in Mongolia is 1.96 times less expensive as compared to Solomon Islands.
On this page, you will find side-by-side cost comparison between Mongolia and Solomon Islands. 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 Mongolia and Solomon Islands.
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Indicators | Mongolia | Solomon Islands |
---|---|---|
1 BHK Apartment in City Center | 800,000 MNT (232 USD) | 3,500 SBD (420 USD) |
2 BHK Apartment in City Center | 1,200,000 MNT (348 USD) | 5,000 SBD (600 USD) |
3 BHK Apartment in City Center | 1,600,000 MNT (464 USD) | 7,500 SBD (900 USD) |
1 BHK Apartment outside City Center | 500,000 MNT (145 USD) | 2,500 SBD (300 USD) |
2 BHK Apartment outside City Center | 800,000 MNT (232 USD) | 3,500 SBD (420 USD) |
3 BHK Apartment outside City Center | 1,200,000 MNT (348 USD) | 5,000 SBD (600 USD) |
Mortgage Rates Per Month | 1.3 % | 5 % |
Realtor Commission | 2 % | 3 % |
Property Taxes | 0.6 % | Yet to Update |
The average housing cost in Mongolia is 1.85 times less expensive than Solomon Islands.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Basic Home Furnishing | 3,000,000 MNT (870 USD) | 12,000 SBD (1,440 USD) |
Electricity Cost Per Month | 50,000 MNT (14.50 USD) | 350 SBD (42 USD) |
Heating Cost Per Month | 70,000 MNT (20.30 USD) | 200 SBD (24 USD) |
Cooling Cost Per Month | 30,000 MNT (8.70 USD) | 150 SBD (18 USD) |
Water Supply Cost Per Month | 30,000 MNT (8.70 USD) | 100 SBD (12 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 39.96% less for Utilities.
The basic home furnishing in Mongolia costs 1.66 times less compared to Solomon Islands.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Standard Wifi Cost Per Month | 40,000 MNT (11.60 USD) | 150 SBD (18 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 MNT (8.70 USD) | 150 SBD (18 USD) |
Landline Basic Plan Cost Per Month | 15,000 MNT (4.35 USD) | 100 SBD (12 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 MNT (5.80 USD) | 200 SBD (24 USD) |
The internet and communication costs 57.71% less in Mongolia compared to Solomon Islands.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Long Grain Rice (1 KG) | 3,000 MNT (0.87 USD) | 18 SBD (2.16 USD) |
Milk (1 Liter) | 1,500 MNT (0.43 USD) | 14 SBD (1.68 USD) |
Water (1 Liter) | 1,000 MNT (0.29 USD) | 4 SBD (0.48 USD) |
Bread (500 gm) | 2,000 MNT (0.58 USD) | 12 SBD (1.44 USD) |
Eggs (1 Dozen) | 4,000 MNT (1.16 USD) | 35 SBD (4.20 USD) |
Cheese (1 KG) | 7,000 MNT (2.03 USD) | 55 SBD (6.60 USD) |
Chicken Breast (1 KG) | 8,000 MNT (2.32 USD) | 50 SBD (6 USD) |
In Mongolia, the cost of 1 Liter Water and 1 Liter Milk is 2.98 times less expensive than the cost in Solomon Islands.
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 65.94% less for Groceries.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Apples (1 KG) | 4,000 MNT (1.16 USD) | 20 SBD (2.40 USD) |
Bananas (1 KG) | 3,000 MNT (0.87 USD) | 12 SBD (1.44 USD) |
Oranges (1 KG) | 3,500 MNT (1.01 USD) | 22 SBD (2.64 USD) |
Tomatoes (1 KG) | 3,000 MNT (0.87 USD) | 18 SBD (2.16 USD) |
Potatoes (1 KG) | 2,000 MNT (0.58 USD) | 15 SBD (1.80 USD) |
Lemons (1 KG) | 4,500 MNT (1.30 USD) | 25 SBD (3 USD) |
Onions (1 KG) | 2,500 MNT (0.72 USD) | 20 SBD (2.40 USD) |
Lentils (1 KG) | 4,000 MNT (1.16 USD) | 20 SBD (2.40 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 2.37 times less for Fruits and Vegetables.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Meal at a Resonable Restaurant | 15,000 MNT (4.35 USD) | 150 SBD (18 USD) |
Three-Course Meal for Two | 40,000 MNT (11.60 USD) | 500 SBD (60 USD) |
Fast Food Combo Meal | 10,000 MNT (2.90 USD) | 120 SBD (14.40 USD) |
Normal Coffee | 3,000 MNT (0.87 USD) | 30 SBD (3.60 USD) |
Soft Drink | 1,500 MNT (0.43 USD) | 15 SBD (1.80 USD) |
Pizza for One | 25,000 MNT (7.25 USD) | 150 SBD (18 USD) |
Take-Out Delivery Meal | 20,000 MNT (5.80 USD) | 120 SBD (14.40 USD) |
Cigarette Pack of 20 | 5,000 MNT (1.45 USD) | 40 SBD (4.80 USD) |
Dining-Out costs 74.33% less in Mongolia compared to Solomon Islands.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Wine Mid-Range Bottle | 25,000 MNT (7.25 USD) | 200 SBD (24 USD) |
Glass of Wine | 5,000 MNT (1.45 USD) | 40 SBD (4.80 USD) |
Domestic Beer Half Liter | 2,500 MNT (0.72 USD) | 15 SBD (1.80 USD) |
Imported Beer Half Liter | 3,500 MNT (1.01 USD) | 25 SBD (3 USD) |
Domestic Alcohol 1 Liter | 8,000 MNT (2.32 USD) | 70 SBD (8.40 USD) |
Branded Alcohol 1 Liter | 20,000 MNT (5.80 USD) | 130 SBD (15.60 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 3.10 times less for usual hard drinks.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Monthly Public Transportation Pass | 30,000 MNT (8.70 USD) | 200 SBD (24 USD) |
Single Public Transportation Ticket | 1,500 MNT (0.43 USD) | 15 SBD (1.80 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 50,000 MNT (14.50 USD) | 1,000 SBD (120 USD) |
Taxi Start Fare | 5,000 MNT (1.45 USD) | 30 SBD (3.60 USD) |
Taxi Rate Per Kilometer | 1,500 MNT (0.43 USD) | 10 SBD (1.20 USD) |
Car Rental Per Day | 50,000 MNT (14.50 USD) | 400 SBD (48 USD) |
Parking Fees in City Center Per Hour | 5,000 MNT (1.45 USD) | 50 SBD (6 USD) |
Parking Fees outside City Center Per Hour | 2,000 MNT (0.58 USD) | 20 SBD (2.40 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 4.92 times less for transportation.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Reasonable Vehicle Purchase Cost | 20,000,000 MNT (5,800 USD) | 90,000 SBD (10,800 USD) |
Vehicle Registration Cost | 50,000 MNT (14.50 USD) | 200 SBD (24 USD) |
Driving License Fees | 50,000 MNT (14.50 USD) | 150 SBD (18 USD) |
Car Insurance Cost | 200,000 MNT (58 USD) | 600 SBD (72 USD) |
Car Maintenance Cost | 100,000 MNT (29 USD) | 400 SBD (48 USD) |
Car Loan Interest Rates | 10 % | 7 % |
Fuel Per Liter | 2,500 MNT (0.72 USD) | 10 SBD (1.20 USD) |
Fuel Per Gallon | 10,000 MNT (2.90 USD) | 38 SBD (4.56 USD) |
Average Toll Fees | Yet to Update | 100 SBD 12 USD |
You would have to pay 1.85 times less for Vehicle purchase, daily operation and maintenance in Mongolia compared to that of Solomon Islands.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Doctor Visit | 30,000 MNT (8.70 USD) | 200 SBD (24 USD) |
Specialist Visit | 50,000 MNT (14.50 USD) | 350 SBD (42 USD) |
Dentist Visit | 40,000 MNT (11.60 USD) | 250 SBD (30 USD) |
Eye Exam | 25,000 MNT (7.25 USD) | 150 SBD (18 USD) |
Mental Health Counseling | 25,000 MNT (7.25 USD) | 350 SBD (42 USD) |
Preventive Health Screening | 20,000 MNT (5.80 USD) | 200 SBD (24 USD) |
Physical Therapy | 30,000 MNT (8.70 USD) | 300 SBD (36 USD) |
Emergency Room Visit | 100,000 MNT (29 USD) | 800 SBD (96 USD) |
Hospital Stay Per Night | 150,000 MNT (43.50 USD) | 1,500 SBD (180 USD) |
Vaccinations | 10,000 MNT (2.90 USD) | 100 SBD (12 USD) |
Prescription Medication | 15,000 MNT (4.35 USD) | 80 SBD (9.60 USD) |
Over the Counter Medication | 5,000 MNT (1.45 USD) | 30 SBD (3.60 USD) |
Health Insurance Premiums | 60,000 MNT (17.40 USD) | 500 SBD (60 USD) |
Health Insurance Deductibles | 30,000 MNT (8.70 USD) | 1,000 SBD (120 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 4.07 times less for Health and Medical Treatment.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Cosmetic Procedures | 150,000 MNT (43.50 USD) | 1,500 SBD (180 USD) |
Spa Treatment | 50,000 MNT (14.50 USD) | 500 SBD (60 USD) |
Manicure Pedicure Cost | 15,000 MNT (4.35 USD) | 100 SBD (12 USD) |
Optical Glasses Cost | 50,000 MNT (14.50 USD) | 300 SBD (36 USD) |
Contact Lenses Cost | 15,000 MNT (4.35 USD) | 150 SBD (18 USD) |
Haircuts | 10,000 MNT (2.90 USD) | 80 SBD (9.60 USD) |
Hair Coloring | 30,000 MNT (8.70 USD) | 200 SBD (24 USD) |
Shampoo Price | 2,000 MNT (0.58 USD) | 30 SBD (3.60 USD) |
Toothpaste Price | 1,000 MNT (0.29 USD) | 20 SBD (2.40 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 3.69 times less for Personal Care Items and Treatment.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Pair of Nike Running Shoes | 80,000 MNT (23.20 USD) | 750 SBD (90 USD) |
Men's Shirt | 40,000 MNT (11.60 USD) | 250 SBD (30 USD) |
Women's Dress | 60,000 MNT (17.40 USD) | 400 SBD (48 USD) |
Summer Dress | 50,000 MNT (14.50 USD) | 300 SBD (36 USD) |
Men's Suit | 200,000 MNT (58 USD) | 1,200 SBD (144 USD) |
Men's Jeans | 50,000 MNT (14.50 USD) | 400 SBD (48 USD) |
Women's Jeans | 50,000 MNT (14.50 USD) | 400 SBD (48 USD) |
Men's Formal Shoes | 70,000 MNT (20.30 USD) | 800 SBD (96 USD) |
Women's Formal Shoes | 70,000 MNT (20.30 USD) | 700 SBD (84 USD) |
Men's Casual Shoes | 50,000 MNT (14.50 USD) | 500 SBD (60 USD) |
Women's Casual Shoes | 50,000 MNT (14.50 USD) | 500 SBD (60 USD) |
Underwear For Men | 5,000 MNT (1.45 USD) | 60 SBD (7.20 USD) |
Underwear For Women | 7,000 MNT (2.03 USD) | 60 SBD (7.20 USD) |
Socks For Men | 2,000 MNT (0.58 USD) | 20 SBD (2.40 USD) |
Socks For Women | 2,000 MNT (0.58 USD) | 20 SBD (2.40 USD) |
Wintercoat for Adults | 80,000 MNT (23.20 USD) | 800 SBD (96 USD) |
Sportswear | 40,000 MNT (11.60 USD) | 300 SBD (36 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 3.41 times less for Clothing and Footwear for Adults.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Children's Jeans | 30,000 MNT (8.70 USD) | 200 SBD (24 USD) |
Children's Normal Sneakers | 40,000 MNT (11.60 USD) | 250 SBD (30 USD) |
Children's Winter Coat | 50,000 MNT (14.50 USD) | 300 SBD (36 USD) |
Daycare for Infant | 200,000 MNT (58 USD) | 1,200 SBD (144 USD) |
Daycare for Toddler | 150,000 MNT (43.50 USD) | 1,000 SBD (120 USD) |
Childcare for Sick Days | 20,000 MNT (5.80 USD) | 150 SBD (18 USD) |
Early Childhood Education Programs | 150,000 MNT (43.50 USD) | 600 SBD (72 USD) |
Extra Curricular Activities | 50,000 MNT (14.50 USD) | 200 SBD (24 USD) |
Summer Camp for Kids | 200,000 MNT (58 USD) | 500 SBD (60 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 2.05 times less for Childcare and kids clothing.
Indicators | Mongolia | Solomon Islands |
---|---|---|
PreSchool Fees | 250,000 MNT (72.50 USD) | 1,500 SBD (180 USD) |
Primary School Fees | 300,000 MNT (87 USD) | 2,000 SBD (240 USD) |
Secondary School Fees | 400,000 MNT (116 USD) | 2,500 SBD (300 USD) |
Private School Fees | 600,000 MNT (174 USD) | 4,000 SBD (480 USD) |
University Tuition Fees | 2,000,000 MNT (580 USD) | 10,000 SBD (1,200 USD) |
University Private Tuition Fees | 4,000,000 MNT (1,160 USD) | 15,000 SBD (1,800 USD) |
After School Activities | 50,000 MNT (14.50 USD) | 300 SBD (36 USD) |
Special Education Services | 200,000 MNT (58 USD) | 400 SBD (48 USD) |
Tutoring | 20,000 MNT (5.80 USD) | 200 SBD (24 USD) |
Textbooks Cost | 10,000 MNT (2.90 USD) | 150 SBD (18 USD) |
School Supplies | 5,000 MNT (1.45 USD) | 100 SBD (12 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 1.91 times less for school and education.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Movie Ticket (Single) | 10,000 MNT (2.90 USD) | 120 SBD (14.40 USD) |
Theater Ticket (Single) | 20,000 MNT (5.80 USD) | 200 SBD (24 USD) |
Concert Ticket (Single) | 30,000 MNT (8.70 USD) | 350 SBD (42 USD) |
Sports Event Ticket (Single) | 20,000 MNT (5.80 USD) | 250 SBD (30 USD) |
Gym Membership | 30,000 MNT (8.70 USD) | 400 SBD (48 USD) |
Swimming Pool Access | 20,000 MNT (5.80 USD) | 80 SBD (9.60 USD) |
Museum Entry Ticket | 5,000 MNT (1.45 USD) | 50 SBD (6 USD) |
Zoo Entry Ticket | 10,000 MNT (2.90 USD) | 80 SBD (9.60 USD) |
Amusement Park Entry Ticket | 15,000 MNT (4.35 USD) | 150 SBD (18 USD) |
Bowling | 10,000 MNT (2.90 USD) | 80 SBD (9.60 USD) |
Mini Golf | 8,000 MNT (2.32 USD) | 50 SBD (6 USD) |
Video Games | 20,000 MNT (5.80 USD) | 300 SBD (36 USD) |
Streaming Services | 15,000 MNT (4.35 USD) | 60 SBD (7.20 USD) |
Outdoor Equipment Rental | 10,000 MNT (2.90 USD) | 150 SBD (18 USD) |
Theme Park Annual Pass | 300,000 MNT (87 USD) | 600 SBD (72 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 2.31 times less for entertainment, recreation and fun activities.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Language Classes | 100,000 MNT (29 USD) | 300 SBD (36 USD) |
Parenting Classes | 50,000 MNT (14.50 USD) | 150 SBD (18 USD) |
Art Classes | 15,000 MNT (4.35 USD) | 80 SBD (9.60 USD) |
Fitness Classes | 10,000 MNT (2.90 USD) | 60 SBD (7.20 USD) |
Music Lessons | 20,000 MNT (5.80 USD) | 100 SBD (12 USD) |
Dance Lessons | 20,000 MNT (5.80 USD) | 120 SBD (14.40 USD) |
Reading Materials for Classes | 5,000 MNT (1.45 USD) | 30 SBD (3.60 USD) |
Educational Software | 50,000 MNT (14.50 USD) | 80 SBD (9.60 USD) |
If you lived in Mongolia, instead of Solomon Islands, you would have to pay 1.41 times less for Private Classes.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Average Gross Monthly Salary | 1,500,000 MNT (435 USD) | 7,000 SBD (840 USD) |
Average Net Monthly Salary | 1,000,000 MNT (290 USD) | 5,500 SBD (660 USD) |
Minimum Wages | 16,666.67 MNT per hour (4.83 USD) | 83.33 SBD per hour (10 USD) |
Average Bonus | 300,000 MNT (87 USD) | 1,000 SBD (120 USD) |
Income Tax Rate | 0 to 10 % | 0 to 10 % |
Social Security Contributions | 10 % | 8 % |
Pension Contributions | 10 % | 5 % |
Cost of Living Index | 40 | 45 |
Median Household Income | 1,200,000 MNT (348 USD) | 6,000 SBD (720 USD) |
If you lived in Mongolia, you would earn 2.02 times less salary as compared to Solomon Islands.
Indicators | Mongolia | Solomon Islands |
---|---|---|
Legal Consultation Per Hour Rate | 20,000 MNT (5.80 USD) | 150 SBD (18 USD) |
Accounting Services Per Hour Rate | 15,000 MNT (4.35 USD) | 100 SBD (12 USD) |
IT Support Services Per Hour Rate | 12,000 MNT (3.48 USD) | 80 SBD (9.60 USD) |
Technician Services Per Hour Rate | 10,000 MNT (2.90 USD) | 70 SBD (8.40 USD) |
Professional Services cost 2.90 times less in Mongolia, as compared to Solomon Islands.
We hope you enjoyed the detailed guide on the cost of living comparsion between Mongolia and Solomon Islands.
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