Published: Monday, 21th October 2024
The cost of living in Trinidad and Tobago is 2.41 times more expensive as compared to Mongolia.
On this page, you will find side-by-side cost comparison between Trinidad and Tobago 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 Trinidad and Tobago and Mongolia.
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 Indicators  | Trinidad and Tobago  | Mongolia  |
|---|---|---|
1 BHK Apartment in City Center  | 3,500 TTD (514.50 USD) | 800,000 MNT (232 USD) |
2 BHK Apartment in City Center  | 5,500 TTD (808.50 USD) | 1,200,000 MNT (348 USD) |
3 BHK Apartment in City Center  | 8,000 TTD (1,176 USD) | 1,600,000 MNT (464 USD) |
1 BHK Apartment outside City Center  | 2,500 TTD (367.50 USD) | 500,000 MNT (145 USD) |
2 BHK Apartment outside City Center  | 4,000 TTD (588 USD) | 800,000 MNT (232 USD) |
3 BHK Apartment outside City Center  | 6,000 TTD (882 USD) | 1,200,000 MNT (348 USD) |
Mortgage Rates Per Month  | 6 % | 1.3 % |
Realtor Commission  | 3 % | 2 % |
Property Taxes  | 0.5 to 3.0 % | 0.6 % |
The average housing cost in Trinidad and Tobago is 2.44 times more expensive than Mongolia.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Basic Home Furnishing  | 20,000 TTD (2,940 USD) | 3,000,000 MNT (870 USD) |
Electricity Cost Per Month  | 200 TTD (29.40 USD) | 50,000 MNT (14.50 USD) |
Heating Cost Per Month  | 150 TTD (22.05 USD) | 70,000 MNT (20.30 USD) |
Cooling Cost Per Month  | 200 TTD (29.40 USD) | 30,000 MNT (8.70 USD) |
Water Supply Cost Per Month  | 100 TTD (14.70 USD) | 30,000 MNT (8.70 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 229.16% more for Utilities.
The basic home furnishing in Trinidad and Tobago costs 3.38 times more compared to Mongolia.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Standard Wifi Cost Per Month  | 150 TTD (22.05 USD) | 40,000 MNT (11.60 USD) |
Mobile Phone Basic Plan Cost Per Month  | 80 TTD (11.76 USD) | 30,000 MNT (8.70 USD) |
Landline Basic Plan Cost Per Month  | 50 TTD (7.35 USD) | 15,000 MNT (4.35 USD) |
Cable TV Basic Plan Cost Per Month  | 200 TTD (29.40 USD) | 20,000 MNT (5.80 USD) |
The internet and communication costs 131.72% more in Trinidad and Tobago compared to Mongolia.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Long Grain Rice (1 KG)  | 12 TTD (1.76 USD) | 3,000 MNT (0.87 USD) |
Milk (1 Liter)  | 10 TTD (1.47 USD) | 1,500 MNT (0.43 USD) |
Water (1 Liter)  | 2 TTD (0.29 USD) | 1,000 MNT (0.29 USD) |
Bread (500 gm)  | 6 TTD (0.88 USD) | 2,000 MNT (0.58 USD) |
Eggs (1 Dozen)  | 20 TTD (2.94 USD) | 4,000 MNT (1.16 USD) |
Cheese (1 KG)  | 40 TTD (5.88 USD) | 7,000 MNT (2.03 USD) |
Chicken Breast (1 KG)  | 35 TTD (5.14 USD) | 8,000 MNT (2.32 USD) |
In Trinidad and Tobago, the cost of 1 Liter Water and 1 Liter Milk is 2.43 times more expensive than the cost in Mongolia.
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 139.10% more for Groceries.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Apples (1 KG)  | 15 TTD (2.21 USD) | 4,000 MNT (1.16 USD) |
Bananas (1 KG)  | 10 TTD (1.47 USD) | 3,000 MNT (0.87 USD) |
Oranges (1 KG)  | 12 TTD (1.76 USD) | 3,500 MNT (1.01 USD) |
Tomatoes (1 KG)  | 8 TTD (1.18 USD) | 3,000 MNT (0.87 USD) |
Potatoes (1 KG)  | 10 TTD (1.47 USD) | 2,000 MNT (0.58 USD) |
Lemons (1 KG)  | 15 TTD (2.21 USD) | 4,500 MNT (1.30 USD) |
Onions (1 KG)  | 12 TTD (1.76 USD) | 2,500 MNT (0.72 USD) |
Lentils (1 KG)  | 15 TTD (2.21 USD) | 4,000 MNT (1.16 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 1.86 times more for Fruits and Vegetables.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Meal at a Resonable Restaurant  | 80 TTD (11.76 USD) | 15,000 MNT (4.35 USD) |
Three-Course Meal for Two  | 300 TTD (44.10 USD) | 40,000 MNT (11.60 USD) |
Fast Food Combo Meal  | 40 TTD (5.88 USD) | 10,000 MNT (2.90 USD) |
Normal Coffee  | 15 TTD (2.21 USD) | 3,000 MNT (0.87 USD) |
Soft Drink  | 8 TTD (1.18 USD) | 1,500 MNT (0.43 USD) |
Pizza for One  | 60 TTD (8.82 USD) | 25,000 MNT (7.25 USD) |
Take-Out Delivery Meal  | 50 TTD (7.35 USD) | 20,000 MNT (5.80 USD) |
Cigarette Pack of 20  | 25 TTD (3.67 USD) | 5,000 MNT (1.45 USD) |
Dining-Out costs 145.18% more in Trinidad and Tobago compared to Mongolia.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Wine Mid-Range Bottle  | 120 TTD (17.64 USD) | 25,000 MNT (7.25 USD) |
Glass of Wine  | 30 TTD (4.41 USD) | 5,000 MNT (1.45 USD) |
Domestic Beer Half Liter  | 15 TTD (2.21 USD) | 2,500 MNT (0.72 USD) |
Imported Beer Half Liter  | 25 TTD (3.67 USD) | 3,500 MNT (1.01 USD) |
Domestic Alcohol 1 Liter  | 60 TTD (8.82 USD) | 8,000 MNT (2.32 USD) |
Branded Alcohol 1 Liter  | 100 TTD (14.70 USD) | 20,000 MNT (5.80 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 2.77 times more for usual hard drinks.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Monthly Public Transportation Pass  | 300 TTD (44.10 USD) | 30,000 MNT (8.70 USD) |
Single Public Transportation Ticket  | 5 TTD (0.73 USD) | 1,500 MNT (0.43 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 500 TTD (73.50 USD) | 50,000 MNT (14.50 USD) |
Taxi Start Fare  | 20 TTD (2.94 USD) | 5,000 MNT (1.45 USD) |
Taxi Rate Per Kilometer  | 10 TTD (1.47 USD) | 1,500 MNT (0.43 USD) |
Car Rental Per Day  | 200 TTD (29.40 USD) | 50,000 MNT (14.50 USD) |
Parking Fees in City Center Per Hour  | 20 TTD (2.94 USD) | 5,000 MNT (1.45 USD) |
Parking Fees outside City Center Per Hour  | 10 TTD (1.47 USD) | 2,000 MNT (0.58 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 3.72 times more for transportation.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 100,000 TTD (14,700 USD) | 20,000,000 MNT (5,800 USD) |
Vehicle Registration Cost  | 200 TTD (29.40 USD) | 50,000 MNT (14.50 USD) |
Driving License Fees  | 200 TTD (29.40 USD) | 50,000 MNT (14.50 USD) |
Car Insurance Cost  | 1,200 TTD (176.40 USD) | 200,000 MNT (58 USD) |
Car Maintenance Cost  | 400 TTD (58.80 USD) | 100,000 MNT (29 USD) |
Car Loan Interest Rates  | 7 % | 10 % |
Fuel Per Liter  | 7 TTD (1.03 USD) | 2,500 MNT (0.72 USD) |
Fuel Per Gallon  | 30 TTD (4.41 USD) | 10,000 MNT (2.90 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 2.53 times more for Vehicle purchase, daily operation and maintenance in Trinidad and Tobago compared to that of Mongolia.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Doctor Visit  | 150 TTD (22.05 USD) | 30,000 MNT (8.70 USD) |
Specialist Visit  | 300 TTD (44.10 USD) | 50,000 MNT (14.50 USD) |
Dentist Visit  | 200 TTD (29.40 USD) | 40,000 MNT (11.60 USD) |
Eye Exam  | 50 TTD (7.35 USD) | 25,000 MNT (7.25 USD) |
Mental Health Counseling  | 200 TTD (29.40 USD) | 25,000 MNT (7.25 USD) |
Preventive Health Screening  | 50 TTD (7.35 USD) | 20,000 MNT (5.80 USD) |
Physical Therapy  | 150 TTD (22.05 USD) | 30,000 MNT (8.70 USD) |
Emergency Room Visit  | 300 TTD (44.10 USD) | 100,000 MNT (29 USD) |
Hospital Stay Per Night  | 800 TTD (117.60 USD) | 150,000 MNT (43.50 USD) |
Vaccinations  | 20 TTD (2.94 USD) | 10,000 MNT (2.90 USD) |
Prescription Medication  | 20 TTD (2.94 USD) | 15,000 MNT (4.35 USD) |
Over the Counter Medication  | 10 TTD (1.47 USD) | 5,000 MNT (1.45 USD) |
Health Insurance Premiums  | 500 TTD (73.50 USD) | 60,000 MNT (17.40 USD) |
Health Insurance Deductibles  | 1,000 TTD (147 USD) | 30,000 MNT (8.70 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 3.22 times more for Health and Medical Treatment.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Cosmetic Procedures  | 1,000 TTD (147 USD) | 150,000 MNT (43.50 USD) |
Spa Treatment  | 300 TTD (44.10 USD) | 50,000 MNT (14.50 USD) |
Manicure Pedicure Cost  | 100 TTD (14.70 USD) | 15,000 MNT (4.35 USD) |
Optical Glasses Cost  | 200 TTD (29.40 USD) | 50,000 MNT (14.50 USD) |
Contact Lenses Cost  | 100 TTD (14.70 USD) | 15,000 MNT (4.35 USD) |
Haircuts  | 50 TTD (7.35 USD) | 10,000 MNT (2.90 USD) |
Hair Coloring  | 150 TTD (22.05 USD) | 30,000 MNT (8.70 USD) |
Shampoo Price  | 15 TTD (2.21 USD) | 2,000 MNT (0.58 USD) |
Toothpaste Price  | 5 TTD (0.73 USD) | 1,000 MNT (0.29 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 3.01 times more for Personal Care Items and Treatment.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Pair of Nike Running Shoes  | 600 TTD (88.20 USD) | 80,000 MNT (23.20 USD) |
Men's Shirt  | 150 TTD (22.05 USD) | 40,000 MNT (11.60 USD) |
Women's Dress  | 200 TTD (29.40 USD) | 60,000 MNT (17.40 USD) |
Summer Dress  | 100 TTD (14.70 USD) | 50,000 MNT (14.50 USD) |
Men's Suit  | 1,000 TTD (147 USD) | 200,000 MNT (58 USD) |
Men's Jeans  | 200 TTD (29.40 USD) | 50,000 MNT (14.50 USD) |
Women's Jeans  | 150 TTD (22.05 USD) | 50,000 MNT (14.50 USD) |
Men's Formal Shoes  | 200 TTD (29.40 USD) | 70,000 MNT (20.30 USD) |
Women's Formal Shoes  | 200 TTD (29.40 USD) | 70,000 MNT (20.30 USD) |
Men's Casual Shoes  | 150 TTD (22.05 USD) | 50,000 MNT (14.50 USD) |
Women's Casual Shoes  | 150 TTD (22.05 USD) | 50,000 MNT (14.50 USD) |
Underwear For Men  | 20 TTD (2.94 USD) | 5,000 MNT (1.45 USD) |
Underwear For Women  | 20 TTD (2.94 USD) | 7,000 MNT (2.03 USD) |
Socks For Men  | 10 TTD (1.47 USD) | 2,000 MNT (0.58 USD) |
Socks For Women  | 10 TTD (1.47 USD) | 2,000 MNT (0.58 USD) |
Wintercoat for Adults  | 200 TTD (29.40 USD) | 80,000 MNT (23.20 USD) |
Sportswear  | 100 TTD (14.70 USD) | 40,000 MNT (11.60 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 1.94 times more for Clothing and Footwear for Adults.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Children's Jeans  | 50 TTD (7.35 USD) | 30,000 MNT (8.70 USD) |
Children's Normal Sneakers  | 75 TTD (11.02 USD) | 40,000 MNT (11.60 USD) |
Children's Winter Coat  | 100 TTD (14.70 USD) | 50,000 MNT (14.50 USD) |
Daycare for Infant  | 1,000 TTD (147 USD) | 200,000 MNT (58 USD) |
Daycare for Toddler  | 800 TTD (117.60 USD) | 150,000 MNT (43.50 USD) |
Childcare for Sick Days  | 200 TTD (29.40 USD) | 20,000 MNT (5.80 USD) |
Early Childhood Education Programs  | 800 TTD (117.60 USD) | 150,000 MNT (43.50 USD) |
Extra Curricular Activities  | 400 TTD (58.80 USD) | 50,000 MNT (14.50 USD) |
Summer Camp for Kids  | 500 TTD (73.50 USD) | 200,000 MNT (58 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 2.24 times more for Childcare and kids clothing.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
PreSchool Fees  | 1,200 TTD (176.40 USD) | 250,000 MNT (72.50 USD) |
Primary School Fees  | 1,500 TTD (220.50 USD) | 300,000 MNT (87 USD) |
Secondary School Fees  | 2,000 TTD (294 USD) | 400,000 MNT (116 USD) |
Private School Fees  | 3,000 TTD (441 USD) | 600,000 MNT (174 USD) |
University Tuition Fees  | 6,000 TTD (882 USD) | 2,000,000 MNT (580 USD) |
University Private Tuition Fees  | 10,000 TTD (1,470 USD) | 4,000,000 MNT (1,160 USD) |
After School Activities  | 400 TTD (58.80 USD) | 50,000 MNT (14.50 USD) |
Special Education Services  | 500 TTD (73.50 USD) | 200,000 MNT (58 USD) |
Tutoring  | 300 TTD (44.10 USD) | 20,000 MNT (5.80 USD) |
Textbooks Cost  | 150 TTD (22.05 USD) | 10,000 MNT (2.90 USD) |
School Supplies  | 100 TTD (14.70 USD) | 5,000 MNT (1.45 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 1.63 times more for school and education.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Movie Ticket (Single)  | 40 TTD (5.88 USD) | 10,000 MNT (2.90 USD) |
Theater Ticket (Single)  | 80 TTD (11.76 USD) | 20,000 MNT (5.80 USD) |
Concert Ticket (Single)  | 100 TTD (14.70 USD) | 30,000 MNT (8.70 USD) |
Sports Event Ticket (Single)  | 60 TTD (8.82 USD) | 20,000 MNT (5.80 USD) |
Gym Membership  | 200 TTD (29.40 USD) | 30,000 MNT (8.70 USD) |
Swimming Pool Access  | 100 TTD (14.70 USD) | 20,000 MNT (5.80 USD) |
Museum Entry Ticket  | 20 TTD (2.94 USD) | 5,000 MNT (1.45 USD) |
Zoo Entry Ticket  | 30 TTD (4.41 USD) | 10,000 MNT (2.90 USD) |
Amusement Park Entry Ticket  | 60 TTD (8.82 USD) | 15,000 MNT (4.35 USD) |
Bowling  | 50 TTD (7.35 USD) | 10,000 MNT (2.90 USD) |
Mini Golf  | 60 TTD (8.82 USD) | 8,000 MNT (2.32 USD) |
Video Games  | 200 TTD (29.40 USD) | 20,000 MNT (5.80 USD) |
Streaming Services  | 50 TTD (7.35 USD) | 15,000 MNT (4.35 USD) |
Outdoor Equipment Rental  | 100 TTD (14.70 USD) | 10,000 MNT (2.90 USD) |
Theme Park Annual Pass  | 1,000 TTD (147 USD) | 300,000 MNT (87 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 2.08 times more for entertainment, recreation and fun activities.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Language Classes  | 300 TTD (44.10 USD) | 100,000 MNT (29 USD) |
Parenting Classes  | 300 TTD (44.10 USD) | 50,000 MNT (14.50 USD) |
Art Classes  | 100 TTD (14.70 USD) | 15,000 MNT (4.35 USD) |
Fitness Classes  | 100 TTD (14.70 USD) | 10,000 MNT (2.90 USD) |
Music Lessons  | 200 TTD (29.40 USD) | 20,000 MNT (5.80 USD) |
Dance Lessons  | 150 TTD (22.05 USD) | 20,000 MNT (5.80 USD) |
Reading Materials for Classes  | 20 TTD (2.94 USD) | 5,000 MNT (1.45 USD) |
Educational Software  | 200 TTD (29.40 USD) | 50,000 MNT (14.50 USD) |
If you lived in Trinidad and Tobago, instead of Mongolia, you would have to pay 2.57 times more for Private Classes.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Average Gross Monthly Salary  | 8,000 TTD (1,176 USD) | 1,500,000 MNT (435 USD) |
Average Net Monthly Salary  | 6,000 TTD (882 USD) | 1,000,000 MNT (290 USD) |
Minimum Wages  | 83.33 TTD per hour (12.25 USD) | 16,666.67 MNT per hour (4.83 USD) |
Average Bonus  | 500 TTD (73.50 USD) | 300,000 MNT (87 USD) |
Income Tax Rate  | 0 to 12.5 % | 0 to 10 % |
Social Security Contributions  | 12 % | 10 % |
Pension Contributions  | 7 % | 10 % |
Cost of Living Index  | 55 | 40 |
Median Household Income  | 5,000 TTD (735 USD) | 1,200,000 MNT (348 USD) |
If you lived in Trinidad and Tobago, you would earn 2.47 times more salary as compared to Mongolia.
Indicators | Trinidad and Tobago | Mongolia |
|---|---|---|
Legal Consultation Per Hour Rate  | 300 TTD (44.10 USD) | 20,000 MNT (5.80 USD) |
Accounting Services Per Hour Rate  | 200 TTD (29.40 USD) | 15,000 MNT (4.35 USD) |
IT Support Services Per Hour Rate  | 150 TTD (22.05 USD) | 12,000 MNT (3.48 USD) |
Technician Services Per Hour Rate  | 100 TTD (14.70 USD) | 10,000 MNT (2.90 USD) |
Professional Services cost 6.67 times more in Trinidad and Tobago, as compared to Mongolia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Trinidad and Tobago and Mongolia.
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