Kagbeni is a village in Upper Mustang, Nepal, located in the valley of the Kali Gandaki River. Administratively, Kagbeni is a Village Development Committee in Mustang District in the Dhawalagiri Zone of northern Nepal. At the time of the 1991 Nepal census it had a population of 1200 people residing in 260 individual households.

It lies on the trail from Jomsom to the royal capital Lo Manthang, near the junction with the trail to Muktinath.