Verified Facts

Official NameRepublic of Kazakhstan
CapitalAstana
Population20.4 million
Area2,724,900 km² (1052089 sq mi)
LanguagesKazakh, Russian
CurrencyKazakhstani tenge (₸)
TimezoneUTC+05:00, UTC+06:00
RegionAsia / Central Asia
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$40,891 (2024)
Inflation Rate8.8% (2024)
Health Spend per Capita$490 (2023)
Out-of-Pocket Health Spend27.6% (2023)
Education Spend (% GDP)4.8% (2023)
Source: World Bank Open Data

Kazakhstan is generally cheaper than Mongolia, with an overall cost of living that is around 15-20% lower.

Quick Facts

Kazakhstan GDP per Capita (PPP)26,550
Mongolia GDP per Capita (PPP)13,820
Kazakhstan Inflation Rate5.2%
Mongolia Inflation Rate7.6%
Overall Winner (Cheaper)Kazakhstan

Overview: Kazakhstan vs Mongolia

Kazakhstan and Mongolia are two neighboring countries in Central Asia with distinct economic profiles. Kazakhstan has a more diversified economy, with significant oil and gas reserves, while Mongolia's economy is heavily reliant on mining and agriculture. As a result, Kazakhstan has a higher GDP per capita and a more stable economy, which is reflected in its lower cost of living. The cost of living in Kazakhstan is generally lower due to its larger economy and more developed infrastructure, which leads to lower prices for housing, food, and transportation.

In terms of overall cost of living, Kazakhstan is around 15-20% cheaper than Mongolia, making it a more attractive option for expats, students, and retirees looking for an affordable lifestyle. However, it's essential to note that both countries have their unique charms and advantages, and the cost of living can vary significantly depending on the specific location, lifestyle, and personal preferences. For example, Kazakhstan's larger cities, such as Almaty and Astana, tend to be more expensive than smaller towns and rural areas, while Mongolia's capital, Ulaanbaatar, is relatively more expensive than other parts of the country.

Rent & Housing Comparison

ItemKazakhstan (USD)Mongolia (USD)Difference
1BR Apartment (City Center)25035029% cheaper
1BR Apartment (Outside)15020025% cheaper
3BR Apartment (City Center)45060025% cheaper

Food & Dining Comparison

ItemKazakhstan (USD)Mongolia (USD)Difference
Meal at Restaurant5729% cheaper
Groceries (monthly)10012017% cheaper
Beer (500ml)2333% cheaper
Coffee1.502.5040% cheaper

Transport Comparison

ItemKazakhstan (USD)Mongolia (USD)Difference
Monthly Transit Pass203033% cheaper
Taxi (per km)0.500.7533% cheaper
Fuel (per liter)0.600.8025% cheaper

Utilities & Internet Comparison

ItemKazakhstan (USD)Mongolia (USD)Difference
Utilities (85 sqm apt)507029% cheaper
Internet (60 Mbps)152540% cheaper
Mobile Plan51050% cheaper

Monthly Budget Comparison

Budget TierKazakhstan (USD)Mongolia (USD)Savings
Budget40055027%
Mid-Range70090022%
Comfortable1,2001,50020%

Where Each Country Wins

  • Kazakhstan is cheaper for:
  • Rent and housing, with prices up to 30% lower than in Mongolia
  • Food and dining, with meal prices up to 40% lower
  • Transportation, with taxi fares and fuel prices up to 33% lower
  • Utilities and internet, with prices up to 50% lower
  • Mongolia is cheaper for:
  • Certain types of groceries, such as meat and dairy products, which can be up to 20% cheaper
  • Outdoor activities, such as hiking and camping, which can be more affordable in Mongolia's vast wilderness areas
  • Traditional clothing and handicrafts, which can be up to 30% cheaper than in Kazakhstan
  • Local tours and guides, which can be up to 25% cheaper than in Kazakhstan

Bottom Line

Kazakhstan offers better value for expats, students, and retirees looking for an affordable lifestyle, with a lower cost of living and a more developed infrastructure. However, Mongolia has its unique charms and advantages, such as its stunning natural beauty and rich cultural heritage, which can make it an attractive option for travelers and adventure-seekers. Ultimately, the choice between Kazakhstan and Mongolia depends on individual priorities and preferences, and both countries have their strengths and weaknesses. For those who value affordability and convenience, Kazakhstan may be the better choice, while those who prioritize natural beauty and cultural experiences may prefer Mongolia.