Mongolia flag

Mongolia

East Asia · Asia
Population
3.52M
GDP (Nominal)
$23.6B
Capital City
Ulaanbaatar
Currency
MNT (Mongolian Tögrög)
Avg Salary
$750/mo
Region
East Asia

Livability Index 2026

30/100
Cost of Living
10/100
Avg Salary
50/100
Safety
45/100
Healthcare
50/100
Education
48/100
Overall Livability

Institutional Summary

Mongolia is a vast, sparsely populated nation sandwiched between Russia and China. It is famous for its rich nomadic history, sweeping steppes, and an economy heavily driven by vast mineral wealth.

Cost of Living

Monthly Rent (1BR)$450
Monthly Groceries$200
Monthly Transport$20
Utilities & Internet$105
Estimated Total Monthly
$775 /person

AI Algorithm Summary

Major Strengths

  • Extremely affordable cost of living
  • Accessible immigration and visa pathways

Algorithmic Red Flags

  • Significant safety and crime concerns (Score: 50)

Economic Performance

📊 Growing
GDP Per Capita
$6,704
Inflation Rate
6.5%
Unemployment
5.1%
5-Year GDP Trend

Migration & Visa

Employment Visa (Type HG)
Investor Visa (Type T/B)
Business Visa
Visa Difficulty
3/10
PR Eligibility
Permanent residency requires long-term legal employment and is relatively rare for non-investors

Employment Landscape

Avg Monthly Salary
$750
Trending
Top Performing Industries
Mining (Coal, Copper, Gold)
Agriculture (Livestock/Cashmere)
Tourism

Social Indicators

Life Expectancy
70.3 Yrs
Literacy Rate
98%
Top Universities (QS Rank)
National University of Mongolia (NUM)#

Compare Mongolia

Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.