Cost of living comparison
Iceland is 85.9% more expensive than Monterrey.
If you lived in Iceland instead of Monterrey, you would:
pay 2.0 times more for restaurants
Monterrey
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$11.03
MX$185.15
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$7.17
MX$120.35
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.12
MX$18.82
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$0.85
MX$14.20
|
$2.12
ISK296
|
|
pay 53.5% more for groceries
Monterrey
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.27
MX$38.09
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$4.44
MX$74.44
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$5.16
MX$86.51
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$2.27
MX$38.13
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$3.46
MX$58.02
|
$7.09
ISK990
|
|
Apples (1 lb) |
$1.32
MX$22.11
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.57
MX$9.51
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$0.64
MX$10.82
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$0.85
MX$14.20
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.87
MX$14.59
|
$0.96
ISK134
|
|
Onions (1 lb) |
$0.68
MX$11.46
|
$0.51
ISK71
|
|
pay 2.6 times more for transportation
Monterrey
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.80
MX$80.62
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$24.82
MX$416.50
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,585.34
MX$328,649.88
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$6.07
MX$101.84
|
$23.97
ISK3,344
|
|
pay 94.9% more for housing
Monterrey
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.74
MX$499.11
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$659.92
MX$11,073.69
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$459.75
MX$7,714.79
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$78.24
MX$1,312.89
|
$68.63
ISK9,577
|
|
pay 36.4% less for childcare
Monterrey
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$327.08
MX$5,488.52
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$5,730.78
MX$96,164.81
|
$2,750.10
ISK383,749
|
|
pay 2.4 times more for entertainment and sports
Monterrey
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.21
MX$37.03
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$3.04
MX$51.06
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$3.59
MX$60.18
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$39.26
MX$658.88
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$5.52
MX$92.58
|
$12.27
ISK1,713
|
|
pay 90.8% more for clothing
Monterrey
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$49.54
MX$831.24
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$34.59
MX$580.39
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$88.43
MX$1,483.96
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$84.13
MX$1,411.81
|
$175.20
ISK24,447
|
|
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