Cost of living comparison
Iceland is 89.0% more expensive than Mexico City.
If you lived in Iceland instead of Mexico City, you would:
pay 2.3 times more for restaurants
Mexico City
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.28
MX$137.73
|
$17.84
kr2,506
|
|
Fast food combo meal
McDonalds, or similar
|
$6.95
MX$115.66
|
$14.27
kr2,005
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.06
MX$17.67
|
$2.32
kr326
|
|
Bottle of water (11 fl. oz) |
$0.78
MX$12.91
|
$2.12
kr298
|
|
pay 57.7% more for groceries
Mexico City
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.09
MX$34.71
|
$3.42
kr481
|
|
Local cheese (8 oz) |
$4.43
MX$73.78
|
$5.98
kr841
|
|
Milk (1 gallon) |
$5.45
MX$90.64
|
$5.33
kr748
|
|
Eggs
1 dozen
|
$2.15
MX$35.81
|
$5.66
kr795
|
|
Boneless chicken breast (1 lb) |
$3.19
MX$53.02
|
$7.09
kr997
|
|
Apples (1 lb) |
$1.21
MX$20.12
|
$1.16
kr163
|
|
Bananas (1 lb) |
$0.62
MX$10.32
|
$0.98
kr138
|
|
Oranges (1 lb) |
$0.71
MX$11.79
|
$1.17
kr165
|
|
Tomatoes (1 lb) |
$0.76
MX$12.69
|
$1.84
kr258
|
|
Potatoes (1 lb) |
$0.78
MX$13.03
|
$0.96
kr134
|
|
Onions (1 lb) |
$0.73
MX$12.22
|
$0.51
kr72
|
|
pay 2.9 times more for transportation
Mexico City
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
MX$81.95
|
$8.03
kr1,129
|
|
Monthly public transit pass |
$17.77
MX$295.82
|
$77.40
kr10,876
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,067.99
MX$367,277.58
|
$29,836.83
kr4,192,672
|
|
Taxi trip in downtown area (5 miles) |
$5.52
MX$91.82
|
$23.97
kr3,368
|
|
pay 2.1 times more for housing
Mexico City
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$28.01
MX$466.13
|
$62.40
kr8,769
|
|
1-Bedroom apartment in downtown area |
$826.42
MX$13,754.06
|
$1,437.14
kr201,947
|
|
1-Bedroom apartment outside city center |
$480.11
MX$7,990.51
|
$1,215.63
kr170,820
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$40.24
MX$669.72
|
$68.63
kr9,644
|
|
pay 50.2% less for childcare
Mexico City
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$377.91
MX$6,289.63
|
$259.34
kr36,443
|
|
Middle school for 1 child, two semesters |
$8,870.11
MX$147,625.18
|
$2,750.10
kr386,444
|
|
pay 2.2 times more for entertainment and sports
Mexico City
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.76
MX$45.91
|
$8.52
kr1,198
|
|
Cappuccino in mid-range area |
$2.89
MX$48.05
|
$4.15
kr584
|
|
Pack of cigarettes
Marlboro or similar
|
$3.86
MX$64.27
|
$10.64
kr1,494
|
|
Monthly membership at local gym |
$49.94
MX$831.20
|
$56.90
kr7,996
|
|
Movie ticket to theater/cinema |
$4.97
MX$82.64
|
$12.27
kr1,725
|
|
pay 72.4% more for clothing
Mexico City
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$56.86
MX$946.27
|
$118.08
kr16,592
|
|
Regular dress
from H&M or similar store
|
$37.51
MX$624.30
|
$50.39
kr7,081
|
|
Running shoes
Nike or Adidas
|
$92.48
MX$1,539.17
|
$151.12
kr21,235
|
|
Men's business shoes (leather) |
$95.13
MX$1,583.18
|
$175.20
kr24,619
|
|
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