Is Ulaanbaatar more expensive than Hangzhou?

Ulaanbaatar is 0.3% more expensive than Hangzhou overall. Rent is 33.6% higher, groceries 0.2% cheaper, and restaurants 11.6% more expensive.

Which city has better purchasing power, Hangzhou or Ulaanbaatar?

Hangzhou has a purchasing power index of 103.9 while Ulaanbaatar has 39.2 (NYC = 100). Hangzhou offers better purchasing power.

Cost of Living Comparison · 2026

🇨🇳 Hangzhou vs 🇲🇳 Ulaanbaatar

2026

Ulaanbaatar is 0.3% more expensive

Category	🇨🇳 Hangzhou	🇲🇳 Ulaanbaatar	Difference
Cost of Living	36.6	36.7	+0.3%
Rent	13.1	17.5	+33.6%
Groceries	43.0	42.9	-0.2%
Restaurants	24.9	27.8	+11.6%
Purchasing Power	103.9	39.2	-62.3%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇨🇳 Cost of Living in Hangzhou

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🇲🇳 Cost of Living in Ulaanbaatar

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