Cost of living comparison
Mexico City is 52.1% cheaper than Reykjavik.
If you lived in Mexico City instead of Reykjavik, you would:
pay 67.6% less for restaurants
|
Reykjavik
|
Mexico City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.61
kr2,163
|
$7.44
MX$131.71
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.84
kr1,558
|
$5.95
MX$105.37
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.97
kr312
|
$0.83
MX$14.64
|
|
| Bottle of water (11 fl. oz) |
$2.26
kr238
|
$0.58
MX$10.20
|
|
pay 53.7% less for groceries
|
Reykjavik
|
Mexico City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.99
kr419
|
$1.54
MX$27.19
|
|
| Local cheese (8 oz) |
$6.94
kr729
|
$2.81
MX$49.75
|
|
| Milk (1 gallon) |
$5.87
kr616
|
$3.99
MX$70.63
|
|
|
Eggs
1 dozen
|
$6.08
kr638
|
$1.67
MX$29.59
|
|
| Boneless chicken breast (1 lb) |
$7.41
kr778
|
$2.21
MX$39.13
|
|
| Apples (1 lb) |
$1.11
kr116
|
$0.90
MX$15.87
|
|
| Bananas (1 lb) |
$1.03
kr108
|
$0.48
MX$8.57
|
|
| Oranges (1 lb) |
$1.00
kr105
|
$0.48
MX$8.41
|
|
| Tomatoes (1 lb) |
$2.33
kr244
|
$0.54
MX$9.55
|
|
| Potatoes (1 lb) |
$1.28
kr134
|
$0.58
MX$10.34
|
|
| Onions (1 lb) |
$0.82
kr86
|
$0.50
MX$8.80
|
|
pay 65.4% less for transportation
|
Reykjavik
|
Mexico City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.06
kr741
|
$3.73
MX$66.00
|
|
| Monthly public transit pass |
$108.01
kr11,336
|
$14.88
MX$263.42
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,250.00
kr3,279,687
|
$18,849.61
MX$333,662.64
|
|
| Taxi trip in downtown area (5 miles) |
$28.84
kr3,027
|
$3.37
MX$59.58
|
|
pay 65.5% less for housing
|
Reykjavik
|
Mexico City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$71.40
kr7,493
|
$27.38
MX$484.62
|
|
| 1-Bedroom apartment in downtown area |
$1,654.02
kr173,590
|
$628.03
MX$11,116.97
|
|
| 1-Bedroom apartment outside city center |
$1,429.20
kr149,994
|
$363.73
MX$6,438.47
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$88.84
kr9,324
|
$32.45
MX$574.40
|
|
pay 1.2% less for childcare
|
Reykjavik
|
Mexico City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$292.26
kr30,673
|
$310.85
MX$5,502.51
|
|
| Middle school for 1 child, two semesters |
$7,091.03
kr744,203
|
$6,469.63
MX$114,520.92
|
|
pay 60.4% less for entertainment and sports
|
Reykjavik
|
Mexico City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.89
kr1,038
|
$1.98
MX$35.12
|
|
| Cappuccino in mid-range area |
$4.79
kr503
|
$2.23
MX$39.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.19
kr1,385
|
$3.10
MX$54.88
|
|
| Monthly membership at local gym |
$62.29
kr6,537
|
$49.47
MX$875.68
|
|
| Movie ticket to theater/cinema |
$13.93
kr1,462
|
$3.97
MX$70.24
|
|
pay 50.7% less for clothing
|
Reykjavik
|
Mexico City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$120.92
kr12,690
|
$45.12
MX$798.68
|
|
|
Regular dress
from H&M or similar store
|
$51.19
kr5,372
|
$35.12
MX$621.60
|
|
|
Running shoes
Nike or Adidas
|
$144.22
kr15,136
|
$76.19
MX$1,348.66
|
|
| Men's business shoes (leather) |
$194.98
kr20,464
|
$75.48
MX$1,336.17
|
|
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