Cost of living comparison
Mexico City is 38.5% cheaper than Reykjavik.
If you lived in Mexico City instead of Reykjavik, you would:
pay 59.9% less for restaurants
Reykjavik
|
Mexico City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,758
|
$9.93
MX$200.47
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,484
|
$7.45
MX$150.36
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK435
|
$1.08
MX$21.79
|
|
Bottle of water (11 fl. oz) |
$2.19
ISK301
|
$0.77
MX$15.60
|
|
pay 36.7% less for groceries
Reykjavik
|
Mexico City
|
||
---|---|---|---|
Bread
1 loaf
|
$3.61
ISK498
|
$2.45
MX$49.51
|
|
Local cheese (8 oz) |
$7.76
ISK1,070
|
$4.87
MX$98.27
|
|
Milk (1 gallon) |
$6.40
ISK883
|
$5.51
MX$111.20
|
|
Eggs
1 dozen
|
$5.76
ISK794
|
$2.18
MX$44.07
|
|
Boneless chicken breast (1 lb) |
$9.45
ISK1,303
|
$3.57
MX$72.10
|
|
Apples (1 lb) |
$1.40
ISK193
|
$1.22
MX$24.67
|
|
Bananas (1 lb) |
$1.01
ISK139
|
$0.67
MX$13.51
|
|
Oranges (1 lb) |
$1.22
ISK168
|
$0.80
MX$16.13
|
|
Tomatoes (1 lb) |
$2.22
ISK307
|
$0.83
MX$16.71
|
|
Potatoes (1 lb) |
$1.43
ISK198
|
$0.85
MX$17.18
|
|
Onions (1 lb) |
$0.93
ISK129
|
$0.83
MX$16.71
|
|
pay 65.8% less for transportation
Reykjavik
|
Mexico City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.50
ISK1,172
|
$4.64
MX$93.64
|
|
Monthly public transit pass |
$74.95
ISK10,335
|
$17.87
MX$360.85
|
|
New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,853,068
|
$18,615.02
MX$375,889.33
|
|
Taxi trip in downtown area (5 miles) |
$24.05
ISK3,316
|
$3.47
MX$70.17
|
|
pay 58.3% less for housing
Reykjavik
|
Mexico City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,633
|
$24.38
MX$492.28
|
|
1-Bedroom apartment in downtown area |
$1,971.17
ISK271,785
|
$893.52
MX$18,042.69
|
|
1-Bedroom apartment outside city center |
$1,803.44
ISK248,658
|
$544.24
MX$10,989.64
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,439
|
$30.31
MX$612.07
|
|
pay 45.9% more for childcare
Reykjavik
|
Mexico City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$252.14
ISK34,765
|
$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 55.1% less for entertainment and sports
Reykjavik
|
Mexico City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.81
ISK1,491
|
$2.73
MX$55.13
|
|
Cappuccino in mid-range area |
$5.31
ISK731
|
$3.01
MX$60.70
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,688
|
$3.92
MX$79.19
|
|
Monthly membership at local gym |
$69.95
ISK9,644
|
$53.69
MX$1,084.10
|
|
Movie ticket to theater/cinema |
$14.77
ISK2,037
|
$4.96
MX$100.24
|
|
pay 39.5% less for clothing
Reykjavik
|
Mexico City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.97
ISK15,025
|
$56.36
MX$1,137.97
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,855
|
$41.06
MX$829.10
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,938
|
$91.99
MX$1,857.59
|
|
Men's business shoes (leather) |
$194.16
ISK26,770
|
$91.93
MX$1,856.31
|
|
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