Cost of living comparison
Reykjavik is 2.0 times more expensive than Mexico City.
If you lived in Reykjavik instead of Mexico City, you would:
pay 2.4 times more for restaurants
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.28
MX$145.29
|
$18.40
kr2,593
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.95
MX$122.01
|
$15.62
kr2,202
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.06
MX$18.64
|
$2.53
kr357
|
|
| Bottle of water (11 fl. oz) |
$0.78
MX$13.61
|
$2.03
kr285
|
|
pay 77.0% more for groceries
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.09
MX$36.62
|
$3.40
kr480
|
|
| Local cheese (8 oz) |
$4.43
MX$77.83
|
$7.20
kr1,014
|
|
| Milk (1 gallon) |
$5.45
MX$95.61
|
$5.90
kr831
|
|
|
Eggs
1 dozen
|
$2.15
MX$37.77
|
$5.64
kr795
|
|
| Boneless chicken breast (1 lb) |
$3.19
MX$55.93
|
$8.08
kr1,139
|
|
| Apples (1 lb) |
$1.21
MX$21.23
|
$1.57
kr221
|
|
| Bananas (1 lb) |
$0.62
MX$10.88
|
$0.93
kr131
|
|
| Oranges (1 lb) |
$0.71
MX$12.44
|
$1.23
kr173
|
|
| Tomatoes (1 lb) |
$0.76
MX$13.39
|
$2.22
kr312
|
|
| Potatoes (1 lb) |
$0.78
MX$13.75
|
$1.24
kr175
|
|
| Onions (1 lb) |
$0.73
MX$12.89
|
$0.69
kr97
|
|
pay 3.1 times more for transportation
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.92
MX$86.44
|
$8.90
kr1,254
|
|
| Monthly public transit pass |
$17.77
MX$312.05
|
$65.56
kr9,237
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,067.99
MX$387,436.69
|
$37,150.35
kr5,234,484
|
|
| Taxi trip in downtown area (5 miles) |
$5.52
MX$96.86
|
$29.44
kr4,149
|
|
pay 2.2 times more for housing
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$28.01
MX$491.71
|
$64.04
kr9,023
|
|
| 1-Bedroom apartment in downtown area |
$826.42
MX$14,508.99
|
$1,613.16
kr227,294
|
|
| 1-Bedroom apartment outside city center |
$480.11
MX$8,429.09
|
$1,379.70
kr194,400
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$40.24
MX$706.48
|
$69.31
kr9,766
|
|
pay 28.5% less for childcare
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$377.91
MX$6,634.85
|
$282.44
kr39,795
|
|
| Middle school for 1 child, two semesters |
$8,870.11
MX$155,728.03
|
$6,058.18
kr853,597
|
|
pay 2.4 times more for entertainment and sports
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.76
MX$48.43
|
$9.47
kr1,334
|
|
| Cappuccino in mid-range area |
$2.89
MX$50.69
|
$4.53
kr638
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.86
MX$67.80
|
$11.66
kr1,642
|
|
| Monthly membership at local gym |
$49.94
MX$876.82
|
$67.30
kr9,483
|
|
| Movie ticket to theater/cinema |
$4.97
MX$87.17
|
$13.66
kr1,924
|
|
pay 61.7% more for clothing
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.86
MX$998.21
|
$108.17
kr15,240
|
|
|
Regular dress
from H&M or similar store
|
$37.51
MX$658.56
|
$43.41
kr6,117
|
|
|
Running shoes
Nike or Adidas
|
$92.48
MX$1,623.66
|
$137.74
kr19,408
|
|
| Men's business shoes (leather) |
$95.13
MX$1,670.07
|
$182.49
kr25,713
|
|
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