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Average salary in Mongolia

What people take home per month and earn per year, by industry and against other countries

#111 by average salary in the world#15 in Asia

Wages in Mongolia

80% of gross pay stays in hand after income tax and employee contributions

Per employee, all industries

Take-home / mo

MNT 1.6M

Gross / yr

MNT 24.7M

GrossMNT 2,050,000/mo
NetMNT 1,640,00080%
Tax & contributionsMNT 411,00020%

Salaries in Mongolia by industry

Take-home pay by industry against the national average

take-home/mo · % vs national average
Mining & quarrying
MNT 2,460,000+50%
Transport & storage
MNT 2,110,000+29%
Professional & scientific
MNT 1,930,000+17%
Construction
MNT 1,880,000+14%
Agriculture & fishing
MNT 1,140,000-31%
Other services
MNT 1,010,000-38%

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Key facts

Salaries in Mongolia in numbers

Next door, South Korea pays 6.3× more

MNT 10,300,000 a month in South Korea against MNT 1,640,000 here, the widest gap to any neighbouring country.

Finance & insurance is paid unusually poorly in Mongolia

Here it sits at +8% against the national average, where the same industry usually sits at +57%.

Agriculture & fishing is where the country places highest

It ranks #44 of 105 in the world, while Mongolia ranks #111 of 169 on pay overall.

Mining & quarrying pays the most

It averages MNT 2,460,000 a month, 50% above the national average of MNT 1,640,000.

Public-sector work pays below average

Public administration, education and health together average MNT 1,460,000 a month, 11% below the national average.

How salaries in Mongolia compare

Neighbours, region and the world on the same take-home figure

take-home/mo · % vs Mongolia
1South Korea
MNT 10,300,000+525%
2Russia
MNT 3,930,000+139%
3China
MNT 2,670,000+62%
4Kyrgyzstan
MNT 1,730,000+5%
5Mongolia
MNT 1,640,000
6Bhutan
MNT 1,330,000-19%

Industries against the world

Where this country pays an industry more, or less, than that industry is usually paid

Pays more than usual here

  • Transport & storage+29% here, usually +0%
  • Mining & quarrying+50% here, usually +24%
  • Construction+14% here, usually -7%

Pays less than usual here

  • Finance & insurance+8% here, usually +57%
  • IT & communication+2% here, usually +47%
  • Energy & utilities-5% here, usually +36%

“Usually” is what the same industry pays above or below the national average in a typical country

Data source: Mean monthly earnings 2024 (ILOSTAT), adjusted to 2026 using IMF GDP-per-capita growth

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What you could earn in Mongolia

Tell us what you do and what you earn today — we'll estimate what someone with your background could earn in Mongolia, what your living costs might be, and what you could save

  • What someone in your field earns
  • What you could spend and save
  • How it compares with today
IT & communication

Take-home in Mongolia

MNT 668,000/mo

vs MNT 4,330,000 in your country

Cost of living

MNT 479,000

vs MNT 2,880,000 in your country

Potential savings

MNT 188,000

more than in your country

Standard of living

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Frequently asked questions

What is the average salary in Mongolia?

The average salary in Mongolia is MNT 2,050,000 a month before tax, or MNT 1,640,000 take-home after tax and social contributions. Over a year that's MNT 24,700,000 before tax and MNT 19,700,000 after.

What is the average salary in Mongolia in US dollars?

The average salary in Mongolia in US dollars is about $6,840 a year before tax, or $456 a month after tax.

What are the highest-paying jobs in Mongolia?

The highest-paying jobs in Mongolia are in mining, transport, and professional. Take-home pay in these industries averages around MNT 2,460,000 a month (about MNT 36,900,000 gross a year), roughly 50% above the national average.

What is a good salary in Mongolia?

A good salary in Mongolia is generally one above the national average — more than MNT 1,640,000 take-home a month, or MNT 24,700,000 gross a year. But a lot depends on your spending, where you live, and your financial goals.

What salary do you need to live comfortably in Mongolia?

A typical person in Mongolia spends about MNT 995,000 a month, while the average take-home pay is MNT 1,640,000. How much you need to live comfortably depends on the city, your family situation, and how you usually spend. See the cost of living in Mongolia for the full picture.

What are the lowest-paying jobs in Mongolia?

Other is the lowest-paying industry in Mongolia. Pay there averages around MNT 1,010,000 a month take-home (about MNT 15,200,000 gross a year). For comparison, the highest-paying industries pay about 2.4 times more.

Is Mongolia a high-salary country?

Moderately. By average after-tax pay, Mongolia is ahead of 35% of countries worldwide and ranks 15th out of 30 countries in Asia.

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Living in Mongolia

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