money

December 2, 2012

Every three months, I’m a millionaire. Peace Corps includes my quarterly rent payment in my monthly stipend and I am responsible for paying my landlord within 5 days. I do it pretty much immediately; I have a bank app on my phone so it couldn’t be easier. And I have no idea if the money in my Mongolian bank account is earning interest. I can tell you that this summer, when our Khan Bank cards were distributed, the boys’ cards had horses on them and the girls’ cards had roses. If it were up to me, I would have chosen the horse.

In November, we completed the annual Living Allowance Survey so that Congress can decide whether Volunteers in Mongolia need more money to meet their basic needs. Inflation is pretty high here but that is a whole other blog topic. Anyway, I have all this data to share concerning the cost of living in Mongolia, specifically in Govi-Altai.

I’ve concluded that the staple groceries are comparable to back home, with just a few exceptions (e.g., peanut butter), but the services are much more affordable (if I think in terms of dollars, not necessarily in terms of my stipend). If there’s something specific you want to know the cost of, just let me know.

togrogs dollars
Rent 250,000  $  178.57
Living allowance 300,000  $  214.29
Monthly expenses
Internet 21,000₮  $   15.00
Phone 5,000₮  $     3.57
As needed
Toilet paper (per roll) 450₮  $     0.32
Baby wipes (70) 2,500₮  $     1.79
Letter—postage to US 1,100₮  $     0.79
Shampoo (Head & Shoulders = pricey) 7,800₮  $     5.57
Having my hair dyed in G-A 8,000₮  $     5.71
Having my hair cut in G-A 3,000₮  $     2.14
3D movie in UB 6,000₮  $     4.29
Hair cut in UB 10,000₮  $     7.14
Groceries
Eggs (per dozen) 4,200₮  $     3.00
Bread 800₮  $     0.57
Honey 5,800₮  $     4.14
Flour (1 kg) 1,200₮  $     0.86
Cereal (small box) 3,000₮  $     2.14
Oats (1 kg) 1,200₮  $     0.86
dehydrated tofu (good-sized bag) 1,800₮  $     1.29
pasta 1kg 4,700₮  $     3.36
peanut butter (small jar, 18 oz) 5,500₮  $     3.93
Chocolate (regular bar size) 1,400₮  $     1.00
barley 1 kg 2,400₮  $     1.71
Tuna (small can) 2,500₮  $     1.79
milk 1 liter 1,500₮  $     1.07
cheese – pack (8 slices) (the good
cheese is much pricier)
2,500₮  $     1.79
Oil – large bottle 2,400₮  $     1.71
Tofu – block 4,500₮  $     3.21
Sugar 1 kg 900₮  $     0.64
Pickles 2,200₮  $     1.57
Rice – half kilo 1,500₮  $     1.07
Bouillon cube x 8 1,200₮  $     0.86
Juice – 2 liters 4,500₮  $     3.21
Juice – small 2,500₮  $     1.79
Butter 3,500₮  $     2.50
Peanuts (small can, 185 gr) 1,600₮  $     1.14
Canned veggies 2,000₮  $     1.43
Pringles 4,500₮  $     3.21
staple veggies (enough onions,
potatoes, carrots, turnips for a week)
5,200₮  $     3.71
tomatoes/cukes (2-3 of each) 3,000₮  $     2.14
Cabbage (this one was rather small) 800₮  $     0.57
3 bananas 1,800₮  $     1.29
2 peppers 2,000₮  $     1.43

 

Of note, Volunteers receive a Settling-In Allowance to cover some of those home set-up expenses. I include them here for a big picture of the cost of living. All but the modem and plant came from the Black Market. I still need to pick up more house stuff.
 
modem 50,000₮  $      35.71
blanket 20,000₮  $      14.29
rice cooker 22,000₮  $      15.71
laundry drying rack 18,000₮  $      12.86
steaming pot 20,000₮  $      14.29
large pan 15,000₮  $      10.71
mug 1,000₮  $        0.71
plant 10,000₮  $        7.14
slippers 1,000₮  $        0.71