Is Hangzhou more expensive than Ulaanbaatar?

Hangzhou is 0.3% cheaper than Ulaanbaatar overall. Rent is 25.1% lower, groceries 0.2% more expensive, and restaurants 10.4% cheaper.

Which city has better purchasing power, Ulaanbaatar or Hangzhou?

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

Cost of Living Comparison · 2026

🇲🇳 Ulaanbaatar vs 🇨🇳 Hangzhou

2026

Hangzhou is 0.3% cheaper

Category	🇲🇳 Ulaanbaatar	🇨🇳 Hangzhou	Difference
Cost of Living	36.7	36.6	-0.3%
Rent	17.5	13.1	-25.1%
Groceries	42.9	43.0	+0.2%
Restaurants	27.8	24.9	-10.4%
Purchasing Power	39.2	103.9	+165.1%

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 Ulaanbaatar

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