---
title: "What Is a Good Salary in Mongolia? — Geo-Parity"
description: "Median wage in Mongolia ≈ $391/mo; top 10% above $970/mo, minimum $195/mo. Full local wage ladder from World Bank data."
canonical: "https://geo-parity.com/wage-bands/mongolia/"
json: "https://geo-parity.com/api/wage-bands.json?country=MN"
generator: geo-parity markdown twin
---
Local Salaries · Mongolia

# What is a good salary in 🇲🇳 Mongolia (Ulaanbaatar)?

The median is about **$391/month**; top-10% earners clear **$970/month**.

## The local wage ladder

| Band | Monthly | Annual | Local currency |
| --- | --- | --- | --- |
| Survival floorsingle-person essentials | $657 | $7,884 | 2,329,160 MNT/mo |
| Statutory minimumILOSTAT statutory monthly minimum wage, 2024 (USD). | $195 | $2,340 | 691,303 MNT/mo |
| Median (p50)typical earner | $391 | $4,692 | 1,386,151 MNT/mo |
| Comfortable (p75)upper-middle | $631 | $7,572 | 2,236,986 MNT/mo |
| Top 10% (p90)high earner | $970 | $11,640 | 3,438,790 MNT/mo |
| Top 1% (p99)elite | $2,036 | $24,432 | 7,217,913 MNT/mo |

Modelled from World Bank GNI $6,210 (2025) and Gini 31.4 (consumption-based, widened to 38.4). Check where you stand in the [interactive benchmarker](https://geo-parity.com/wage-bands/?country=MN).

## Countries with similar median pay

- [🇸🇷 Suriname](https://geo-parity.com/wage-bands/suriname/) — median $388/mo
- [🇹🇳 Tunisia](https://geo-parity.com/wage-bands/tunisia/) — median $386/mo
- [🇹🇭 Thailand](https://geo-parity.com/wage-bands/thailand/) — median $403/mo
- [🇮🇷 Iran](https://geo-parity.com/wage-bands/iran/) — median $411/mo

See also: [what everyday life costs in Mongolia](https://geo-parity.com/ppp/mongolia/)

## Frequently asked questions

- **What is a good salary in Mongolia?**: The median wage is about $391/month ($4,692/year). A "comfortable" p75 salary is around $631/month, and you'd be a top-10% earner above $970/month.
- **What is a top 10% salary in Mongolia?**: Roughly $970/month ($11,640/year) puts you in the top 10%; the top 1% starts near $2,036/month.
- **What is the minimum wage in Mongolia?**: About $195/month. ILOSTAT statutory monthly minimum wage, 2024 (USD).
- **How are these Mongolia salary figures calculated?**: A log-normal wage model calibrated from World Bank GNI per capita ($6,210, 2025) and the Gini index (31.4, consumption-based — widened to 38.4 income-equivalent). Estimates for benchmarking, not payroll data.

Log-normal model from World Bank data — estimates for benchmarking, not payroll data. Agents: GET /api/wage-bands.json?country=MN.

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Source: Geo-Parity — https://geo-parity.com/wage-bands/mongolia/ · JSON: https://geo-parity.com/api/wage-bands.json?country=MN