Average Salary in Mongolia 2026
Currency: MNT · Updated for 2026
How much money does a person working in Mongolia make?
Average Monthly Salary
1,918,200 MNT
( 23,018,400 MNT yearly )
~ 556 USD per month ( 6,672 USD yearly )
LOW
576,150 MNT
167 USD
AVERAGE
1,918,200 MNT
556 USD
HIGH
5,754,600 MNT
1,668 USD
A person working in Mongolia typically earns around 1,918,200 MNT per month. Salaries range from 576,150 MNT (lowest average) to 5,754,600 MNT (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Mongolia
Median and salary distribution monthly Mongolia
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What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated.
The median (1,725,000 MNT) represents the middle salary value — 50% earn more and 50% earn less. The average (1,918,200 MNT) is the sum of all salaries divided by the number of workers, and can be skewed by extremely high or low salaries.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
- 0–2 Years (Entry Level)11,509,200 MNT
- 2–5 Years (Junior)14,962,650 MNT
- 5–10 Years (Mid-Career)19,564,950 MNT
- 10–15 Years (Experienced)23,018,400 MNT
- 15+ Years (Senior)27,620,700 MNT
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average +30% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average +31% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by +18% and an additional +20% for those who have crossed the 15 years mark.
“On average, a person's salary doubles their starting salary by the time they cross the 10 years experience mark.”
Salary Comparison By Education
How does the education level affect your salary?
- High School13,810,350 MNT
- Certificate16,111,500 MNT
- Associate18,416,100 MNT
- Bachelor's23,018,400 MNT
- Master's27,620,700 MNT
- PhD32,226,450 MNT
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High School → Certificate
+17%
Certificate → Bachelor's
+43%
Bachelor's → Master's
+20%
Master's → PhD
+17%
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average +17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn +43% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are +20% more than those with a Bachelor's Degree.
Finally, PhD holders earn +17% more than Master's Degree holders on average.
Salary Comparison By Gender
Salary comparison by gender monthly Mongolia
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Mongolia earn 12% more than their female counterparts on average across all sectors.
Average Annual Salary Increment Percentage in Mongolia
How much are annual salary increments? How often do employees get salary raises?
8%
Average Raise
12 months
Review Frequency
8%
Annualized Increase
Employees in Mongolia are likely to observe a salary increase of approximately 8% every 12 months.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
The average salary increase in one year (12 months) in Mongolia is 8%.
Bonus and Incentive Rates in Mongolia
How much and how often are bonuses being awarded?
62%
Received Bonus
38%
No Bonus
62% of surveyed staff in Mongolia reported receiving at least one form of monetary bonus.
Average Bonus Rate
8%
of annual salary
Types of Bonuses Considered:
• Individual Performance-Based Bonuses
• Company Performance Bonuses
• Goal-Based Bonuses
• Holiday / End of Year Bonuses
Top 5 Highest Paying Industries
Annual average salaries
- Legal31,074,150 MNT
- Aviation29,925,300 MNT
- Information Technology29,925,300 MNT
- Banking28,773,000 MNT
- Pharmaceuticals28,773,000 MNT
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Salaries for Popular Jobs
Sample job titles and their average salaries
| Job Title | Annual Salary | Monthly Salary |
|---|---|---|
| Surgeon | 57,546,000 MNT | 4,795,500 MNT |
| Pilot | 46,036,800 MNT | 3,836,400 MNT |
| Software Developer | 41,434,500 MNT | 3,453,450 MNT |
| Data Scientist | 39,129,900 MNT | 3,260,250 MNT |
| Financial Manager | 36,828,750 MNT | 3,070,500 MNT |
| Database Administrator | 34,527,600 MNT | 2,877,300 MNT |
| Engineer | 32,226,450 MNT | 2,684,100 MNT |
| Marketing Manager | 29,925,300 MNT | 2,494,350 MNT |
| Project Manager | 28,773,000 MNT | 2,397,750 MNT |
| Accountant | 25,319,550 MNT | 2,111,400 MNT |
| Hotel Manager | 23,018,400 MNT | 1,918,200 MNT |
| Nurse | 20,717,250 MNT | 1,725,000 MNT |
| Graphic Designer | 19,564,950 MNT | 1,631,850 MNT |
| Chef | 17,263,800 MNT | 1,438,650 MNT |
| Teacher | 16,111,500 MNT | 1,342,050 MNT |
Salary Comparison By City
Average annual salaries by city
| City | Average Salary |
|---|---|
| Ulaanbaatar | 26,471,850 MNT |
| Darkhan | 24,170,700 MNT |
| Erdenet | 24,170,700 MNT |
Government vs Private Sector Salary Comparison
Where can you get paid more?
1,821,600 MNT
Private Sector
2,014,800 MNT
Public Sector
+11%
Public sector employees in Mongolia earn 11% more than their private sector counterparts on average across all sectors.
Average Hourly Wage in Mongolia
10,350 MNT
per hour
The average hourly wage (pay per hour) in Mongolia is 10,350 MNT. This means that the average person in Mongolia earns approximately 10,350 MNT for every worked hour. Hourly Wage = Annual Salary ÷ (52 × 5 × 8)
Cost of Living in Mongolia
Estimated monthly expenses
Rent
165,600 MNT
/month
Food
51,750 MNT
/month
Transport
20,700 MNT
/month
Utilities
27,600 MNT
/month
Compare Your Salary
See how your salary compares with the average in Mongolia and explore top-paying jobs.