country · Asia
As of early October 2026, a gallon of regular gasoline in Mongolia averages $7.36 — that is $1.94 per litre, and ranks #178 of 225 places we track, where #1 is the cheapest.
In local money that is roughly 7,036.77 MNT per litre, at the exchange rate of mid Oct 2026.
Heavily taxed
Crude costs roughly the same everywhere — high fuel and value-added taxes are what push Mongolia's pump price this high.
An estimated split of a $7.36 gallon in Mongolia. Crude oil trades as one global price, so the part that differs between countries is mostly tax.
| Component | Per gallon | Per litre |
|---|---|---|
| Crude | $2.10 | $0.55 |
| Refining | $0.55 | $0.15 |
| Distribution | $0.85 | $0.22 |
| Tax | $3.86 | $1.02 |
| Pump price | $7.36 | $1.94 |
| Comparison | Per gallon | Difference |
|---|---|---|
| Mongolia | $7.36 | — |
| World average of all 225 | $5.55 | +$1.81 |
| Asia average | $5.13 | +$2.23 |
| Cheapest anywhere — Libya | $0.09 | −$7.27 |
| Priciest anywhere — Hong Kong | $16.70 | +$9.34 |