Updating multiple docs with different values

My Node/Mongo db has a doc with the following data in a collection called 'prices':

 [ { _id: 1, price : 10 }, {_id: 2, price : 15 }, {_id: 3, price : 12 }]

...and so on. I now receive an updated doc from a remote site that that looks like this:

 [ { _id: 1, price : 12 }, {_id: 3, price : 15 }, { _id: 5, price: 20 } ] (some new some updated).

How can I change my data to:

  1. update exiting records
  2. insert the new records.

Thank you in advance.

You don't need to change your data at all, you can tell MongoDB to perform an upsert

for (var i = 0; i < prices.length; i++) {
    var p = prices[i];
    collection.update({_id: p._id}, {$set{price: p.price}}, {upsert:true, w:1}, function(err, result) {
        if (err != null) {
            console.log('Price updated!');
        }
    });   
}