Cost of living comparison
Mexico City is 36.6% cheaper than Iceland.
If you lived in Mexico City instead of Iceland, you would:
pay 57.0% less for restaurants
|
Iceland
|
Mexico City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,675
|
$9.93
MX$200.47
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,336
|
$7.45
MX$150.36
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK388
|
$1.08
MX$21.79
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK279
|
$0.77
MX$15.60
|
|
pay 29.5% less for groceries
|
Iceland
|
Mexico City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$2.45
MX$49.51
|
|
| Local cheese (8 oz) |
$7.27
ISK1,002
|
$4.87
MX$98.27
|
|
| Milk (1 gallon) |
$6.01
ISK828
|
$5.51
MX$111.20
|
|
|
Eggs
1 dozen
|
$5.42
ISK747
|
$2.18
MX$44.07
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,173
|
$3.57
MX$72.10
|
|
| Apples (1 lb) |
$1.22
ISK169
|
$1.22
MX$24.67
|
|
| Bananas (1 lb) |
$1.03
ISK142
|
$0.67
MX$13.51
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$0.80
MX$16.13
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$0.83
MX$16.71
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.85
MX$17.18
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.83
MX$16.71
|
|
pay 64.5% less for transportation
|
Iceland
|
Mexico City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,153
|
$4.64
MX$93.64
|
|
| Monthly public transit pass |
$71.28
ISK9,828
|
$17.87
MX$360.85
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,606,292
|
$18,615.02
MX$375,889.33
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,038
|
$3.47
MX$70.17
|
|
pay 57.3% less for housing
|
Iceland
|
Mexico City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,951
|
$24.38
MX$492.28
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,429
|
$893.52
MX$18,042.69
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,513
|
$544.24
MX$10,989.64
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,999
|
$30.31
MX$612.07
|
|
pay 44.2% more for childcare
|
Iceland
|
Mexico City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,596
|
$381.33
MX$7,700.04
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK826,452
|
$8,426.99
MX$170,164.50
|
|
pay 50.0% less for entertainment and sports
|
Iceland
|
Mexico City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,267
|
$2.73
MX$55.13
|
|
| Cappuccino in mid-range area |
$4.65
ISK641
|
$3.01
MX$60.70
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,621
|
$3.92
MX$79.19
|
|
| Monthly membership at local gym |
$61.46
ISK8,474
|
$53.69
MX$1,084.10
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,978
|
$4.96
MX$100.24
|
|
pay 42.1% less for clothing
|
Iceland
|
Mexico City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,336
|
$56.36
MX$1,137.97
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,230
|
$41.06
MX$829.10
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,406
|
$91.99
MX$1,857.59
|
|
| Men's business shoes (leather) |
$184.49
ISK25,438
|
$91.93
MX$1,856.31
|
|
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