Mongolia
#83 globallyAsia PacificAverage salary: $5,500/year · Currency: MNT ₮
Mean Annual Salary
$5,500
gross USD
Median Annual Salary
$4,200
gross USD
GDP per Capita
$4,073
current USD
PPP Factor
×0.32
vs USD base
Tax Breakdown at Median Salary
EstimatedTake-Home (Net) Annual
$3,360
Effective Tax Rate
20.0%
* Based on median salary of $4,200. Estimated combined rate. Consult a tax professional for accurate calculations.
Estimated Salaries by Job in Mongolia
Surgeon
Psychiatrist
Doctor / Physician
Investment Banker
Cloud Architect
AI/ML Engineer
Dentist
Judge
Product Manager
Actuary
* Estimates based on global median · actual salaries vary
🇲🇳 Mongolia Economic Overview
Currency
MNT (₮)
Region
Asia Pacific
Population
3.4M
Gini Coefficient
0.328
Cost of Living Index
32 (US=100)
Tax Data Available
Estimated
Salary vs Global Benchmarks
Asia Pacific Comparison
Global Ranking
out of 117 countries
by average salary
About Salaries in Mongolia
The average annual salary in Mongolia is approximately $5,500 (gross, in USD), with a median of $4,200. The country ranks #83 out of 117 countries by average salary.
At the median salary, workers in Mongolia take home approximately $3,360 after taxes — an effective tax rate of 20.0%. The purchasing power parity factor of ×0.32 means that in real terms, living costs are lower than in the United States.
Mongolia is located in the Asia Pacific region. Income inequality, measured by the Gini coefficient, is 0.328 (moderate inequality).