Cost of living comparison

Mexico

compared to

Iceland

Reykjavik vs. Acapulco Cost of Living Summary

Reykjavik is 3.2 times more expensive than Acapulco.

Restaurants: pay 2.5 times more in Reykjavik
Groceries: pay 50.5% more in Reykjavik
Transportation: pay 77.8% more in Reykjavik
Housing: pay 6.4 times more in Reykjavik
Childcare: pay 7.1 times more in Reykjavik
Entertainment and Sports: pay 3.6 times more in Reykjavik
Clothing: pay 2.0 times more in Reykjavik

The cost of childcare, housing, entertainment and sports, restaurants, clothing, and transportation in Reykjavik are more expensive than in Acapulco. Notably, childcare, housing, and entertainment and sports are significantly more expensive in Reykjavik.

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Reykjavik vs. Acapulco Cost Breakdown

If you lived in Reykjavik instead of Acapulco, you would:

Display currency: USD

pay 2.5 times more for restaurants

	Acapulco	Reykjavik
Basic meal with drink at inexpensive restaurant	$9.74 MX$181.31	$31.06 ISK3,813	+219.0%
Fast food combo meal McDonalds, or similar	$12.24 MX$227.93	$26.97 ISK3,312	+120.4%
Bottle of Coca-Cola (11 fl. oz)	$1.61 MX$30.05	$3.31 ISK407	+105.4%
Bottle of water (11 fl. oz)	$1.67 MX$31.08	$3.11 ISK381	+86.1%
Average			+154.1%

Acapulco vs. Reykjavik - Cost of restaurants

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pay 50.5% more for groceries

	Acapulco	Reykjavik
Bread 1 loaf	$2.98 MX$55.43	$4.19 ISK515	+40.9%
Local cheese (8 oz)	$3.34 MX$62.16	$10.93 ISK1,342	+227.4%
Milk (1 gallon)	$6.21 MX$115.63	$7.78 ISK955	+25.3%
Eggs 1 dozen	$1.83 MX$34.17	$7.08 ISK869	+285.8%
Boneless chicken breast (1 lb)	$3.79 MX$70.49	$11.00 ISK1,351	+190.7%
Apples (1 lb)	$2.12 MX$39.52	$1.50 ISK185	-29.1%
Bananas (1 lb)	$0.78 MX$14.50	$1.27 ISK156	+62.9%
Oranges (1 lb)	$1.51 MX$28.20	$1.46 ISK179	-3.6%
Tomatoes (1 lb)	$1.47 MX$27.29	$2.93 ISK360	+100.1%
Potatoes (1 lb)	$1.59 MX$29.64	$1.78 ISK218	+11.5%
Onions (1 lb)	$1.35 MX$25.22	$0.76 ISK93	-44.2%
Average			+50.5%

Acapulco vs. Reykjavik - Cost of groceries

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pay 77.8% more for transportation

	Acapulco	Reykjavik
Gasoline (1 gallon)	$5.55 MX$103.31	$7.76 ISK953	+40.0%
Monthly public transit pass	??	$94.80 ISK11,641
New Volkswagen Golf 1.4 (standard edition)	$21,528.95 MX$401K	$50,588.43 ISK6M	+135.0%
Taxi trip in downtown area (5 miles)	??	$29.26 ISK3,593
Average			+77.8%

Acapulco vs. Reykjavik - Cost of transportation

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pay 6.4 times more for housing

	Acapulco	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$21.95 MX$408.73	$86.01 ISK10,561	+291.9%
1-Bedroom apartment in downtown area	$531.77 MX$9,903.53	$2,522.88 ISK310K	+374.4%
1-Bedroom apartment outside city center	$152.99 MX$2,849.17	$2,032.25 ISK250K	+1228.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$31.20 MX$581.01	$73.44 ISK9,018	+135.4%
Average			+538.6%

Acapulco vs. Reykjavik - Cost of housing

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pay 7.1 times more for childcare

	Acapulco	Reykjavik
Private preschool for 1 child, monthly	$166.90 MX$3,108.18	$1,185.23 ISK146K	+610.2%
Middle school for 1 child, two semesters	??	$25,853.51 ISK3M
Average			+610.2%

Acapulco vs. Reykjavik - Cost of childcare

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pay 3.6 times more for entertainment and sports

	Acapulco	Reykjavik
Domestic/local beer (1 pint)	$3.06 MX$56.98	$13.89 ISK1,706	+354.1%
Cappuccino in mid-range area	$3.89 MX$72.52	$6.74 ISK828	+73.1%
Pack of cigarettes Marlboro or similar	$8.34 MX$155.41	$13.89 ISK1,706	+66.5%
Monthly membership at local gym	$19.47 MX$362.62	$100.25 ISK12,310	+414.9%
Movie ticket to theater/cinema	$3.89 MX$72.52	$19.57 ISK2,403	+402.6%
Average			+258.5%

Acapulco vs. Reykjavik - Cost of entertainment and sports

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pay 2.0 times more for clothing

	Acapulco	Reykjavik
Regular jeans Levi's brand	$66.76 MX$1,243.27	$149.01 ISK18,297	+123.2%
Regular dress from H&M or similar store	$44.51 MX$828.85	$65.79 ISK8,078	+47.8%
Running shoes Nike or Adidas	$111.26 MX$2,072.12	$181.84 ISK22,328	+63.4%
Men's business shoes (leather)	$83.45 MX$1,554.09	$248.81 ISK30,551	+198.2%
Average			+100.2%

Acapulco vs. Reykjavik - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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