Published: Monday, 21th October 2024
The cost of living in Solomon Islands is 1.96 times more expensive as compared to Mongolia.
On this page, you will find side-by-side cost comparison between Solomon Islands 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 Solomon Islands and Mongolia.
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 Indicators  | Solomon Islands  | Mongolia  |
|---|---|---|
1 BHK Apartment in City Center  | 3,500 SBD (420 USD) | 800,000 MNT (232 USD) |
2 BHK Apartment in City Center  | 5,000 SBD (600 USD) | 1,200,000 MNT (348 USD) |
3 BHK Apartment in City Center  | 7,500 SBD (900 USD) | 1,600,000 MNT (464 USD) |
1 BHK Apartment outside City Center  | 2,500 SBD (300 USD) | 500,000 MNT (145 USD) |
2 BHK Apartment outside City Center  | 3,500 SBD (420 USD) | 800,000 MNT (232 USD) |
3 BHK Apartment outside City Center  | 5,000 SBD (600 USD) | 1,200,000 MNT (348 USD) |
Mortgage Rates Per Month  | 5 % | 1.3 % |
Realtor Commission  | 3 % | 2 % |
Property Taxes  | Yet to Update | 0.6 % |
The average housing cost in Solomon Islands is 1.85 times more expensive than Mongolia.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Basic Home Furnishing  | 12,000 SBD (1,440 USD) | 3,000,000 MNT (870 USD) |
Electricity Cost Per Month  | 350 SBD (42 USD) | 50,000 MNT (14.50 USD) |
Heating Cost Per Month  | 200 SBD (24 USD) | 70,000 MNT (20.30 USD) |
Cooling Cost Per Month  | 150 SBD (18 USD) | 30,000 MNT (8.70 USD) |
Water Supply Cost Per Month  | 100 SBD (12 USD) | 30,000 MNT (8.70 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 66.56% more for Utilities.
The basic home furnishing in Solomon Islands costs 1.66 times more compared to Mongolia.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Standard Wifi Cost Per Month  | 150 SBD (18 USD) | 40,000 MNT (11.60 USD) |
Mobile Phone Basic Plan Cost Per Month  | 150 SBD (18 USD) | 30,000 MNT (8.70 USD) |
Landline Basic Plan Cost Per Month  | 100 SBD (12 USD) | 15,000 MNT (4.35 USD) |
Cable TV Basic Plan Cost Per Month  | 200 SBD (24 USD) | 20,000 MNT (5.80 USD) |
The internet and communication costs 136.45% more in Solomon Islands compared to Mongolia.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Long Grain Rice (1 KG)  | 18 SBD (2.16 USD) | 3,000 MNT (0.87 USD) |
Milk (1 Liter)  | 14 SBD (1.68 USD) | 1,500 MNT (0.43 USD) |
Water (1 Liter)  | 4 SBD (0.48 USD) | 1,000 MNT (0.29 USD) |
Bread (500 gm)  | 12 SBD (1.44 USD) | 2,000 MNT (0.58 USD) |
Eggs (1 Dozen)  | 35 SBD (4.20 USD) | 4,000 MNT (1.16 USD) |
Cheese (1 KG)  | 55 SBD (6.60 USD) | 7,000 MNT (2.03 USD) |
Chicken Breast (1 KG)  | 50 SBD (6 USD) | 8,000 MNT (2.32 USD) |
In Solomon Islands, the cost of 1 Liter Water and 1 Liter Milk is 2.98 times more expensive than the cost in Mongolia.
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 193.56% more for Groceries.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Apples (1 KG)  | 20 SBD (2.40 USD) | 4,000 MNT (1.16 USD) |
Bananas (1 KG)  | 12 SBD (1.44 USD) | 3,000 MNT (0.87 USD) |
Oranges (1 KG)  | 22 SBD (2.64 USD) | 3,500 MNT (1.01 USD) |
Tomatoes (1 KG)  | 18 SBD (2.16 USD) | 3,000 MNT (0.87 USD) |
Potatoes (1 KG)  | 15 SBD (1.80 USD) | 2,000 MNT (0.58 USD) |
Lemons (1 KG)  | 25 SBD (3 USD) | 4,500 MNT (1.30 USD) |
Onions (1 KG)  | 20 SBD (2.40 USD) | 2,500 MNT (0.72 USD) |
Lentils (1 KG)  | 20 SBD (2.40 USD) | 4,000 MNT (1.16 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 2.37 times more for Fruits and Vegetables.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Meal at a Resonable Restaurant  | 150 SBD (18 USD) | 15,000 MNT (4.35 USD) |
Three-Course Meal for Two  | 500 SBD (60 USD) | 40,000 MNT (11.60 USD) |
Fast Food Combo Meal  | 120 SBD (14.40 USD) | 10,000 MNT (2.90 USD) |
Normal Coffee  | 30 SBD (3.60 USD) | 3,000 MNT (0.87 USD) |
Soft Drink  | 15 SBD (1.80 USD) | 1,500 MNT (0.43 USD) |
Pizza for One  | 150 SBD (18 USD) | 25,000 MNT (7.25 USD) |
Take-Out Delivery Meal  | 120 SBD (14.40 USD) | 20,000 MNT (5.80 USD) |
Cigarette Pack of 20  | 40 SBD (4.80 USD) | 5,000 MNT (1.45 USD) |
Dining-Out costs 289.55% more in Solomon Islands compared to Mongolia.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Wine Mid-Range Bottle  | 200 SBD (24 USD) | 25,000 MNT (7.25 USD) |
Glass of Wine  | 40 SBD (4.80 USD) | 5,000 MNT (1.45 USD) |
Domestic Beer Half Liter  | 15 SBD (1.80 USD) | 2,500 MNT (0.72 USD) |
Imported Beer Half Liter  | 25 SBD (3 USD) | 3,500 MNT (1.01 USD) |
Domestic Alcohol 1 Liter  | 70 SBD (8.40 USD) | 8,000 MNT (2.32 USD) |
Branded Alcohol 1 Liter  | 130 SBD (15.60 USD) | 20,000 MNT (5.80 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 3.10 times more for usual hard drinks.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Monthly Public Transportation Pass  | 200 SBD (24 USD) | 30,000 MNT (8.70 USD) |
Single Public Transportation Ticket  | 15 SBD (1.80 USD) | 1,500 MNT (0.43 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 1,000 SBD (120 USD) | 50,000 MNT (14.50 USD) |
Taxi Start Fare  | 30 SBD (3.60 USD) | 5,000 MNT (1.45 USD) |
Taxi Rate Per Kilometer  | 10 SBD (1.20 USD) | 1,500 MNT (0.43 USD) |
Car Rental Per Day  | 400 SBD (48 USD) | 50,000 MNT (14.50 USD) |
Parking Fees in City Center Per Hour  | 50 SBD (6 USD) | 5,000 MNT (1.45 USD) |
Parking Fees outside City Center Per Hour  | 20 SBD (2.40 USD) | 2,000 MNT (0.58 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 4.92 times more for transportation.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 90,000 SBD (10,800 USD) | 20,000,000 MNT (5,800 USD) |
Vehicle Registration Cost  | 200 SBD (24 USD) | 50,000 MNT (14.50 USD) |
Driving License Fees  | 150 SBD (18 USD) | 50,000 MNT (14.50 USD) |
Car Insurance Cost  | 600 SBD (72 USD) | 200,000 MNT (58 USD) |
Car Maintenance Cost  | 400 SBD (48 USD) | 100,000 MNT (29 USD) |
Car Loan Interest Rates  | 7 % | 10 % |
Fuel Per Liter  | 10 SBD (1.20 USD) | 2,500 MNT (0.72 USD) |
Fuel Per Gallon  | 38 SBD (4.56 USD) | 10,000 MNT (2.90 USD) |
Average Toll Fees  | 100 SBD 12 USD | Yet to Update |
You would have to pay 1.85 times more for Vehicle purchase, daily operation and maintenance in Solomon Islands compared to that of Mongolia.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Doctor Visit  | 200 SBD (24 USD) | 30,000 MNT (8.70 USD) |
Specialist Visit  | 350 SBD (42 USD) | 50,000 MNT (14.50 USD) |
Dentist Visit  | 250 SBD (30 USD) | 40,000 MNT (11.60 USD) |
Eye Exam  | 150 SBD (18 USD) | 25,000 MNT (7.25 USD) |
Mental Health Counseling  | 350 SBD (42 USD) | 25,000 MNT (7.25 USD) |
Preventive Health Screening  | 200 SBD (24 USD) | 20,000 MNT (5.80 USD) |
Physical Therapy  | 300 SBD (36 USD) | 30,000 MNT (8.70 USD) |
Emergency Room Visit  | 800 SBD (96 USD) | 100,000 MNT (29 USD) |
Hospital Stay Per Night  | 1,500 SBD (180 USD) | 150,000 MNT (43.50 USD) |
Vaccinations  | 100 SBD (12 USD) | 10,000 MNT (2.90 USD) |
Prescription Medication  | 80 SBD (9.60 USD) | 15,000 MNT (4.35 USD) |
Over the Counter Medication  | 30 SBD (3.60 USD) | 5,000 MNT (1.45 USD) |
Health Insurance Premiums  | 500 SBD (60 USD) | 60,000 MNT (17.40 USD) |
Health Insurance Deductibles  | 1,000 SBD (120 USD) | 30,000 MNT (8.70 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 4.07 times more for Health and Medical Treatment.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Cosmetic Procedures  | 1,500 SBD (180 USD) | 150,000 MNT (43.50 USD) |
Spa Treatment  | 500 SBD (60 USD) | 50,000 MNT (14.50 USD) |
Manicure Pedicure Cost  | 100 SBD (12 USD) | 15,000 MNT (4.35 USD) |
Optical Glasses Cost  | 300 SBD (36 USD) | 50,000 MNT (14.50 USD) |
Contact Lenses Cost  | 150 SBD (18 USD) | 15,000 MNT (4.35 USD) |
Haircuts  | 80 SBD (9.60 USD) | 10,000 MNT (2.90 USD) |
Hair Coloring  | 200 SBD (24 USD) | 30,000 MNT (8.70 USD) |
Shampoo Price  | 30 SBD (3.60 USD) | 2,000 MNT (0.58 USD) |
Toothpaste Price  | 20 SBD (2.40 USD) | 1,000 MNT (0.29 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 3.69 times more for Personal Care Items and Treatment.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Pair of Nike Running Shoes  | 750 SBD (90 USD) | 80,000 MNT (23.20 USD) |
Men's Shirt  | 250 SBD (30 USD) | 40,000 MNT (11.60 USD) |
Women's Dress  | 400 SBD (48 USD) | 60,000 MNT (17.40 USD) |
Summer Dress  | 300 SBD (36 USD) | 50,000 MNT (14.50 USD) |
Men's Suit  | 1,200 SBD (144 USD) | 200,000 MNT (58 USD) |
Men's Jeans  | 400 SBD (48 USD) | 50,000 MNT (14.50 USD) |
Women's Jeans  | 400 SBD (48 USD) | 50,000 MNT (14.50 USD) |
Men's Formal Shoes  | 800 SBD (96 USD) | 70,000 MNT (20.30 USD) |
Women's Formal Shoes  | 700 SBD (84 USD) | 70,000 MNT (20.30 USD) |
Men's Casual Shoes  | 500 SBD (60 USD) | 50,000 MNT (14.50 USD) |
Women's Casual Shoes  | 500 SBD (60 USD) | 50,000 MNT (14.50 USD) |
Underwear For Men  | 60 SBD (7.20 USD) | 5,000 MNT (1.45 USD) |
Underwear For Women  | 60 SBD (7.20 USD) | 7,000 MNT (2.03 USD) |
Socks For Men  | 20 SBD (2.40 USD) | 2,000 MNT (0.58 USD) |
Socks For Women  | 20 SBD (2.40 USD) | 2,000 MNT (0.58 USD) |
Wintercoat for Adults  | 800 SBD (96 USD) | 80,000 MNT (23.20 USD) |
Sportswear  | 300 SBD (36 USD) | 40,000 MNT (11.60 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 3.41 times more for Clothing and Footwear for Adults.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Children's Jeans  | 200 SBD (24 USD) | 30,000 MNT (8.70 USD) |
Children's Normal Sneakers  | 250 SBD (30 USD) | 40,000 MNT (11.60 USD) |
Children's Winter Coat  | 300 SBD (36 USD) | 50,000 MNT (14.50 USD) |
Daycare for Infant  | 1,200 SBD (144 USD) | 200,000 MNT (58 USD) |
Daycare for Toddler  | 1,000 SBD (120 USD) | 150,000 MNT (43.50 USD) |
Childcare for Sick Days  | 150 SBD (18 USD) | 20,000 MNT (5.80 USD) |
Early Childhood Education Programs  | 600 SBD (72 USD) | 150,000 MNT (43.50 USD) |
Extra Curricular Activities  | 200 SBD (24 USD) | 50,000 MNT (14.50 USD) |
Summer Camp for Kids  | 500 SBD (60 USD) | 200,000 MNT (58 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 2.05 times more for Childcare and kids clothing.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
PreSchool Fees  | 1,500 SBD (180 USD) | 250,000 MNT (72.50 USD) |
Primary School Fees  | 2,000 SBD (240 USD) | 300,000 MNT (87 USD) |
Secondary School Fees  | 2,500 SBD (300 USD) | 400,000 MNT (116 USD) |
Private School Fees  | 4,000 SBD (480 USD) | 600,000 MNT (174 USD) |
University Tuition Fees  | 10,000 SBD (1,200 USD) | 2,000,000 MNT (580 USD) |
University Private Tuition Fees  | 15,000 SBD (1,800 USD) | 4,000,000 MNT (1,160 USD) |
After School Activities  | 300 SBD (36 USD) | 50,000 MNT (14.50 USD) |
Special Education Services  | 400 SBD (48 USD) | 200,000 MNT (58 USD) |
Tutoring  | 200 SBD (24 USD) | 20,000 MNT (5.80 USD) |
Textbooks Cost  | 150 SBD (18 USD) | 10,000 MNT (2.90 USD) |
School Supplies  | 100 SBD (12 USD) | 5,000 MNT (1.45 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 1.91 times more for school and education.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Movie Ticket (Single)  | 120 SBD (14.40 USD) | 10,000 MNT (2.90 USD) |
Theater Ticket (Single)  | 200 SBD (24 USD) | 20,000 MNT (5.80 USD) |
Concert Ticket (Single)  | 350 SBD (42 USD) | 30,000 MNT (8.70 USD) |
Sports Event Ticket (Single)  | 250 SBD (30 USD) | 20,000 MNT (5.80 USD) |
Gym Membership  | 400 SBD (48 USD) | 30,000 MNT (8.70 USD) |
Swimming Pool Access  | 80 SBD (9.60 USD) | 20,000 MNT (5.80 USD) |
Museum Entry Ticket  | 50 SBD (6 USD) | 5,000 MNT (1.45 USD) |
Zoo Entry Ticket  | 80 SBD (9.60 USD) | 10,000 MNT (2.90 USD) |
Amusement Park Entry Ticket  | 150 SBD (18 USD) | 15,000 MNT (4.35 USD) |
Bowling  | 80 SBD (9.60 USD) | 10,000 MNT (2.90 USD) |
Mini Golf  | 50 SBD (6 USD) | 8,000 MNT (2.32 USD) |
Video Games  | 300 SBD (36 USD) | 20,000 MNT (5.80 USD) |
Streaming Services  | 60 SBD (7.20 USD) | 15,000 MNT (4.35 USD) |
Outdoor Equipment Rental  | 150 SBD (18 USD) | 10,000 MNT (2.90 USD) |
Theme Park Annual Pass  | 600 SBD (72 USD) | 300,000 MNT (87 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 2.31 times more for entertainment, recreation and fun activities.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Language Classes  | 300 SBD (36 USD) | 100,000 MNT (29 USD) |
Parenting Classes  | 150 SBD (18 USD) | 50,000 MNT (14.50 USD) |
Art Classes  | 80 SBD (9.60 USD) | 15,000 MNT (4.35 USD) |
Fitness Classes  | 60 SBD (7.20 USD) | 10,000 MNT (2.90 USD) |
Music Lessons  | 100 SBD (12 USD) | 20,000 MNT (5.80 USD) |
Dance Lessons  | 120 SBD (14.40 USD) | 20,000 MNT (5.80 USD) |
Reading Materials for Classes  | 30 SBD (3.60 USD) | 5,000 MNT (1.45 USD) |
Educational Software  | 80 SBD (9.60 USD) | 50,000 MNT (14.50 USD) |
If you lived in Solomon Islands, instead of Mongolia, you would have to pay 1.41 times more for Private Classes.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Average Gross Monthly Salary  | 7,000 SBD (840 USD) | 1,500,000 MNT (435 USD) |
Average Net Monthly Salary  | 5,500 SBD (660 USD) | 1,000,000 MNT (290 USD) |
Minimum Wages  | 83.33 SBD per hour (10 USD) | 16,666.67 MNT per hour (4.83 USD) |
Average Bonus  | 1,000 SBD (120 USD) | 300,000 MNT (87 USD) |
Income Tax Rate  | 0 to 10 % | 0 to 10 % |
Social Security Contributions  | 8 % | 10 % |
Pension Contributions  | 5 % | 10 % |
Cost of Living Index  | 45 | 40 |
Median Household Income  | 6,000 SBD (720 USD) | 1,200,000 MNT (348 USD) |
If you lived in Solomon Islands, you would earn 2.02 times more salary as compared to Mongolia.
Indicators | Solomon Islands | Mongolia |
|---|---|---|
Legal Consultation Per Hour Rate  | 150 SBD (18 USD) | 20,000 MNT (5.80 USD) |
Accounting Services Per Hour Rate  | 100 SBD (12 USD) | 15,000 MNT (4.35 USD) |
IT Support Services Per Hour Rate  | 80 SBD (9.60 USD) | 12,000 MNT (3.48 USD) |
Technician Services Per Hour Rate  | 70 SBD (8.40 USD) | 10,000 MNT (2.90 USD) |
Professional Services cost 2.90 times more in Solomon Islands, as compared to Mongolia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Solomon Islands and Mongolia.
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