Is Hangzhou more expensive than Ulaanbaatar?

Hangzhou is 0.0% cheaper than Ulaanbaatar overall. Rent is 22.7% lower, groceries 1.2% more expensive, and restaurants 12.0% cheaper.

Which city has better purchasing power, Ulaanbaatar or Hangzhou?

Ulaanbaatar has a purchasing power index of 41.0 while Hangzhou has 111.5 (NYC = 100). Hangzhou offers better purchasing power.

Cost of Living Comparison · 2026

🇲🇳 Ulaanbaatar vs 🇨🇳 Hangzhou

2026

Hangzhou is 0.0% cheaper

Category	🇲🇳 Ulaanbaatar	🇨🇳 Hangzhou	Difference
Cost of Living	36.2	36.2	0.0%
Rent	17.2	13.3	-22.7%
Groceries	43.0	43.5	+1.2%
Restaurants	27.4	24.1	-12.0%
Purchasing Power	41.0	111.5	+172.0%

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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