Cost of living comparison
Iceland is 75.3% more expensive than Mexico City.
If you lived in Iceland instead of Mexico City, you would:
pay 2.1 times more for restaurants
Mexico City
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.09
MX$201.64
|
$19.51
ISK2,695
|
|
Fast food combo meal
McDonalds, or similar
|
$8.90
MX$177.92
|
$16.45
ISK2,272
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.21
MX$24.15
|
$2.70
ISK373
|
|
Bottle of water (11 fl. oz) |
$0.84
MX$16.75
|
$1.95
ISK270
|
|
pay 37.7% more for groceries
Mexico City
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.63
MX$52.58
|
$3.16
ISK436
|
|
Local cheese (8 oz) |
$5.57
MX$111.33
|
$6.72
ISK928
|
|
Milk (1 gallon) |
$6.31
MX$126.12
|
$6.27
ISK866
|
|
Eggs
1 dozen
|
$2.49
MX$49.74
|
$6.03
ISK833
|
|
Boneless chicken breast (1 lb) |
$4.13
MX$82.56
|
$7.60
ISK1,050
|
|
Apples (1 lb) |
$1.42
MX$28.43
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.70
MX$14.05
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$0.82
MX$16.42
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$0.91
MX$18.26
|
$1.71
ISK237
|
|
Potatoes (1 lb) |
$0.95
MX$18.95
|
$1.13
ISK156
|
|
Onions (1 lb) |
$0.87
MX$17.31
|
$0.68
ISK94
|
|
pay 2.7 times more for transportation
Mexico City
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.46
MX$109.01
|
$8.42
ISK1,163
|
|
Monthly public transit pass |
$21.52
MX$430.09
|
$68.29
ISK9,433
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,960.54
MX$438,857.28
|
$39,714.69
ISK5,485,393
|
|
Taxi trip in downtown area (5 miles) |
$5.34
MX$106.75
|
$23.23
ISK3,208
|
|
pay 94.3% more for housing
Mexico City
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$27.98
MX$559.06
|
$74.47
ISK10,286
|
|
1-Bedroom apartment in downtown area |
$1,058.85
MX$21,160.04
|
$1,518.94
ISK209,796
|
|
1-Bedroom apartment outside city center |
$643.75
MX$12,864.63
|
$1,325.48
ISK183,075
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.48
MX$828.94
|
$66.99
ISK9,253
|
|
pay 38.9% less for childcare
Mexico City
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$408.19
MX$8,157.14
|
$254.97
ISK35,216
|
|
Middle school for 1 child, two semesters |
$10,042.62
MX$200,690.78
|
$5,993.83
ISK827,867
|
|
pay 2.1 times more for entertainment and sports
Mexico City
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.97
MX$59.31
|
$9.37
ISK1,295
|
|
Cappuccino in mid-range area |
$3.52
MX$70.32
|
$4.61
ISK637
|
|
Pack of cigarettes
Marlboro or similar
|
$4.45
MX$88.96
|
$11.22
ISK1,549
|
|
Monthly membership at local gym |
$60.85
MX$1,216.11
|
$60.00
ISK8,287
|
|
Movie ticket to theater/cinema |
$5.94
MX$118.61
|
$13.94
ISK1,926
|
|
pay 46.7% more for clothing
Mexico City
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$66.94
MX$1,337.66
|
$108.23
ISK14,949
|
|
Regular dress
from H&M or similar store
|
$45.00
MX$899.26
|
$59.73
ISK8,250
|
|
Running shoes
Nike or Adidas
|
$110.60
MX$2,210.21
|
$146.94
ISK20,295
|
|
Men's business shoes (leather) |
$106.14
MX$2,121.16
|
$169.24
ISK23,375
|
|
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