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$137.73
|
$18.40
kr2,586
|
|
Fast food combo meal
McDonalds, or similar
|
$6.95
MX$115.66
|
$15.62
kr2,196
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.06
MX$17.67
|
$2.53
kr356
|
|
Bottle of water (11 fl. oz) |
$0.78
MX$12.91
|
$2.03
kr285
|
|
pay 77.0% more for groceries
Mexico City
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.09
MX$34.71
|
$3.40
kr478
|
|
Local cheese (8 oz) |
$4.43
MX$73.78
|
$7.20
kr1,011
|
|
Milk (1 gallon) |
$5.45
MX$90.64
|
$5.90
kr828
|
|
Eggs
1 dozen
|
$2.15
MX$35.81
|
$5.64
kr793
|
|
Boneless chicken breast (1 lb) |
$3.19
MX$53.02
|
$8.08
kr1,136
|
|
Apples (1 lb) |
$1.21
MX$20.12
|
$1.57
kr220
|
|
Bananas (1 lb) |
$0.62
MX$10.32
|
$0.93
kr131
|
|
Oranges (1 lb) |
$0.71
MX$11.79
|
$1.23
kr173
|
|
Tomatoes (1 lb) |
$0.76
MX$12.69
|
$2.22
kr311
|
|
Potatoes (1 lb) |
$0.78
MX$13.03
|
$1.24
kr175
|
|
Onions (1 lb) |
$0.73
MX$12.22
|
$0.69
kr97
|
|
pay 3.1 times more for transportation
Mexico City
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
MX$81.95
|
$8.90
kr1,250
|
|
Monthly public transit pass |
$17.77
MX$295.82
|
$65.56
kr9,212
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,067.99
MX$367,277.58
|
$37,150.35
kr5,220,368
|
|
Taxi trip in downtown area (5 miles) |
$5.52
MX$91.82
|
$29.44
kr4,137
|
|
pay 2.2 times more for housing
Mexico City
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$28.01
MX$466.13
|
$64.04
kr8,999
|
|
1-Bedroom apartment in downtown area |
$826.42
MX$13,754.06
|
$1,613.16
kr226,681
|
|
1-Bedroom apartment outside city center |
$480.11
MX$7,990.51
|
$1,379.70
kr193,876
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$40.24
MX$669.72
|
$69.31
kr9,740
|
|
pay 28.5% less for childcare
Mexico City
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$377.91
MX$6,289.63
|
$282.44
kr39,688
|
|
Middle school for 1 child, two semesters |
$8,870.11
MX$147,625.18
|
$6,058.18
kr851,295
|
|
pay 2.4 times more for entertainment and sports
Mexico City
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.76
MX$45.91
|
$9.47
kr1,331
|
|
Cappuccino in mid-range area |
$2.89
MX$48.05
|
$4.53
kr636
|
|
Pack of cigarettes
Marlboro or similar
|
$3.86
MX$64.27
|
$11.66
kr1,638
|
|
Monthly membership at local gym |
$49.94
MX$831.20
|
$67.30
kr9,458
|
|
Movie ticket to theater/cinema |
$4.97
MX$82.64
|
$13.66
kr1,919
|
|
pay 61.7% more for clothing
Mexico City
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$56.86
MX$946.27
|
$108.17
kr15,199
|
|
Regular dress
from H&M or similar store
|
$37.51
MX$624.30
|
$43.41
kr6,101
|
|
Running shoes
Nike or Adidas
|
$92.48
MX$1,539.17
|
$137.74
kr19,355
|
|
Men's business shoes (leather) |
$95.13
MX$1,583.18
|
$182.49
kr25,644
|
|
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