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Budget Guide

Mongolia Travel Budget 2025

Plan your Mongolia trip budget with our comprehensive cost breakdown.

Mongolia, the Land of the Eternal Blue Sky, offers vast steppes, the Gobi Desert, and nomadic culture unchanged for centuries. Experience horseback riding across endless grasslands, stay in traditional gers, and witness the ancient traditions of eagle hunting and throat singing.

Daily Budget Overview

Average daily costs for travelers in Mongolia.

Budget Traveler
$30-50
per day
  • Basic guesthouse or hostel
  • Street food and local eateries
  • Public transportation
  • Free attractions
Mid-Range Traveler
$80-150
per day
  • 3-star hotel with amenities
  • Mix of local and international restaurants
  • Taxis and some tours
  • Major attractions
Luxury Traveler
$200-400+
per day
  • 4-5 star hotels
  • Fine dining experiences
  • Private transport and guides
  • Premium experiences

Cost Breakdown

Detailed breakdown of typical travel expenses.

🏨 Accommodation

Hostel/Dorm ₮25,000-50,000 ($7-14) dorm bed
Budget Hotel ₮100,000-180,000 ($28-50) private room guesthouse
Mid-Range Hotel ₮200,000-400,000 ($56-112) 3-star hotel
Luxury Hotel ₮600,000-1,200,000 ($168-336) 5-star hotel or luxury ger camp

🍽️ Food

Street Food ₮3,000-7,000 ($1-2) guanz canteen or market stall
Local Restaurant ₮8,000-15,000 ($2-4) local restaurant
Mid-Range Restaurant ₮20,000-50,000 ($6-14) mid-range restaurant
Fine Dining ₮60,000-200,000 ($17-56) fine dining

🚗 Transportation

Local Bus ₮500 ($0.14) city bus per ride
Taxi (in city) ₮15,000-30,000 ($4-8) average city taxi ride
Airport Transfer ₮15,000 ($4) public bus or ₮100,000-150,000 ($28-42) taxi
Day Trip Transport ₮50,000-200,000 ($14-56) organized day tour

🎫 Activities

Museum Entry ₮10,000-20,000 ($3-6) most museums
Historical Sites ₮10,000-30,000 ($3-8) national parks and monuments
Guided Tour ₮90,000-200,000 ($25-56) half-day guided tour
Day Excursion ₮280,000-700,000 ($78-196) multi-day Gobi or country excursion
💰

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Sample Trip Budgets

What to expect at different budget levels for a 7-day trip.

Budget Trip (7 days)

₮250,000/week ($70) for very basic travel with guesthouse accommodation, guanz dining, and public transport
  • Hostels/basic guesthouses
  • Street food and local eateries
  • Public transport only
  • Free attractions and walking tours
  • Limited souvenirs

Luxury Trip (7 days)

₮2,800,000+/week ($785+) for luxury hotels, fine dining, and private tours throughout
  • 4-5 star hotels
  • Fine dining experiences
  • Private drivers and guides
  • Premium tours and access
  • Shopping without limits

Money-Saving Tips

Stretch your budget further with these insider tips.

💡

Eat at guanz (local canteens) for meals under ₮8,000 ($2) — set meals include soup, a main dish, and sometimes bread. Look for hand-written signs and plastic stools.

💡

Use the public bus system (₮500/$0.14 per ride) instead of taxis for city travel — routes cover all major areas

💡

Book countryside tours directly through guesthouses rather than hotel tour desks to cut out significant commission markups

💡

Visit Narantuul Market for souvenirs rather than tourist shops — prices are 50-70% lower for the same cashmere products

💡

Consider self-catering accommodation with kitchen access for some meals — Ulaanbaatar has excellent supermarkets

💡

Travel during shoulder season (May or September-October) for lower accommodation rates and fewer crowds

Free & Cheap Activities

Experience Mongolia without spending a fortune.

Free

Sükhbaatar Square

The heart of Ulaanbaatar is free to visit and surrounded by important monuments and government buildings. Evening illumination makes for excellent photography.

Free

Zaisan Memorial

Free Soviet-era war memorial on a hilltop with the best panoramic views of Ulaanbaatar. Involves 300 steps for rewarding city and mountain panoramas.

Free

Gandantegchinlen Monastery Grounds

Walking the monastery grounds (exterior) is free. A small fee applies for entering the main temple with the 26m golden Buddha statue.

Free

Narantuul Market Browsing

Entry to Mongolia's largest market is free. Worth visiting just to experience the authentic bustle of everyday Mongolian commerce even without buying anything.

Free

Terelj National Park Entry Point

The area immediately around the park entrance is free to visit. Park fees ($3) only apply for deeper entry. Turtle Rock and basic walks accessible without fees.

Free

Ulaanbaatar River Walk

The Tuul River riverside walk through Ulaanbaatar offers green space, local life, and mountain views completely free. Popular with locals for morning exercise.

Currency & Payment Tips

Essential information about money matters.

Currency

Mongolian Tögrög (MNT, ₮). Approximate rate: $1 USD = ₮3,550 MNT (check current rate before travel).

Exchange money at banks (Golomt Bank, Khan Bank, Trade Development Bank) for best rates. Airport exchange available but rates less favorable. Hotels offer poor exchange rates — avoid.

ATMs

ATMs widely available throughout Ulaanbaatar. Khan Bank and Golomt Bank ATMs most reliable and accept major international cards. ATMs in rural areas are rare — carry sufficient cash for countryside trips.

Credit Cards

Visa and Mastercard accepted at hotels, major restaurants, and modern shops in Ulaanbaatar. Cash is essential at markets, guanz restaurants, and everywhere outside the capital.

Tipping

Tipping not traditional but appreciated. 10% at tourist restaurants, ₮5,000-15,000 ($1.40-4.20) per day for guides, small amounts for ger camp staff. Always tip in cash.

Hidden Costs to Watch For

  • National park entrance fees ($3-10 per park) add up quickly on multi-day itineraries
  • Countryside travel requires either expensive organized tours or significant 4WD vehicle hire costs
  • SIM card and data ₮10,000-15,000 ($3-4) registration required at airport — budget for this immediately on arrival
  • Luggage storage at guesthouses typically ₮2,000-5,000 ($0.50-1.40) per bag per day
  • Photography fees inside some temples ₮5,000-10,000 ($1.40-2.80) additional to admission
  • Domestic flights to reach remote areas (Lake Khövsgöl, Bayan-Ölgii) cost ₮250,000-400,000 ($70-112) one-way

Plan Your Mongolia Budget

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