Cost of living in Erdenet
Erdenet, a prominent city in Mongolia, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of expenses in Erdenet, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.97 on average, with a range between $3.53 and $4.41.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $29.43.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.41.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.74 to $1.77, imported beer $0.94 to $1.77, cappuccino $0.74 to $2.35, and Coke/Pepsi $0.44 to $0.88.
Grocery Prices
- Milk - Milk is consistently priced at $1.03 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.35 and $1.03, with an average price of $0.71.
- Eggs (Dozen) - A dozen eggs are priced at $2.12.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.47 to $3.53 per kg, while oranges range from $1.77 to $3.53 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.29 and $1.47 per kg, and lettuce costs $0.59 to $1.47 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.06 and $0.15.
- Fuel (Gasoline) - Gasoline is priced between $0.68 and $1.09 per liter.
- Taxi Fares - Taxi fares start at $0.44, with a cost of $0.44 to $0.88 per km and $5.3 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $176.57.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $132.43.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $588.58.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $882.87.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $61.8 and $62.54, averaging $62.17.
- Internet - Internet services have a fixed cost of $14.71.
Cost of Living Rankings
The cost of living indices for Mongolia are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Mongolia, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
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Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
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Clothing And Shoes
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Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Erdenet offers a relatively low cost of living compared to many global cities, with affordable dining and housing options.
Transportation is notably inexpensive, making it easy to navigate the city without a significant financial burden.
Grocery prices are moderate, with some variation in fresh produce costs, while utilities remain consistently low.
Conclusion
In conclusion, Erdenet presents an affordable living environment with reasonable costs across various essential categories.
Whether you're considering moving to Erdenet or planning a visit, understanding these costs can help you budget effectively and enjoy what the city has to offer.