Moving to Mexico from Iceland

moving to

What to Expect

Everything you need to know before relocating from Iceland to Mexico — costs, safety, healthcare, and practical first steps.

If you moved from Iceland to Mexico, you would find that Mexico is 53.5% cheaper than Iceland overall. A ISK9,402,000 salary in Iceland would need to be roughly MX$501,433 in Mexico to maintain the same lifestyle, and you’d need to navigate life in Spanish. Expect a noticeable climate shift — Mexico City averages 74°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

What to expect for your wallet after moving from Iceland to Mexico.

What does your salary buy?

ISK9,402,000 MX$501,433

To maintain the same standard of living in Mexico

Calculate with your salary →

Where you'll feel the difference day-to-day

Restaurants

pay 60.0% less

Groceries

pay 41.1% less

Transportation

pay 46.7% less

Housing

pay 60.9% less

Childcare

pay 55.6% less

Entertainment and Sports

pay 60.9% less

See full cost of living breakdown
Exchange rate: 1 ISK = 0.1399 MXN (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

How many people actually move from Iceland to Mexico, based on official data.

Moved in 2023
1

people moved from Iceland to Mexico · OECD (latest data available)

Who's moving to Mexico?

Top countries of origin for Mexico's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

Key indicators for anyone considering a move from Iceland to Mexico.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IS
1.1
MX
26.1
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

IS
91%
MX
38%

Iceland performs better than Mexico across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
MX
$1,368
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IS
45.2
MX
25.6

Iceland generally does better on health & wellbeing, though Mexico leads in healthcare spending per person.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

IS
8.0
MX
30.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IS
8.5t
MX
3.6t

Iceland generally does better on environment, though Mexico leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
MX
20.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IS
0.4%
MX
45.0%

Iceland performs better than Mexico across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
MX
2.8%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
MX
$22,400

Iceland generally does better on employment & economy, though Mexico leads in unemployment rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
MX
72.3 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
MX
11.9

Iceland performs better than Mexico across all family life metrics.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Mexico City Rain: 32.1 in/yr (816 mm)
74° / 49°F

Avg. annual high / low

Months Reykjavik Mexico City
Jan–Mar 37°/28°F (3°/-2°C) 74°/45°F (23°/7°C)
Apr–Jun 48°/38°F (9°/4°C) 79°/53°F (26°/12°C)
Jul–Sep 54°/45°F (12°/7°C) 73°/53°F (23°/12°C)
Oct–Dec 39°/31°F (4°/-1°C) 71°/47°F (22°/8°C)
View all months
Month Reykjavik Mexico City
Jan 35°/27°F (1.9°/-3.0°C) 70°/42°F (21.2°/5.8°C)
Feb 37°/28°F (2.8°/-2.1°C) 73°/45°F (22.9°/7.1°C)
Mar 38°/28°F (3.2°/-2.0°C) 78°/49°F (25.7°/9.2°C)
Apr 42°/33°F (5.7°/0.4°C) 80°/51°F (26.6°/10.8°C)
May 49°/38°F (9.4°/3.6°C) 80°/53°F (26.5°/11.7°C)
Jun 53°/44°F (11.7°/6.7°C) 76°/54°F (24.6°/12.2°C)
Jul 56°/47°F (13.3°/8.3°C) 73°/53°F (23.0°/11.5°C)
Aug 55°/46°F (13.0°/7.9°C) 74°/53°F (23.3°/11.6°C)
Sep 50°/41°F (10.1°/5.0°C) 72°/53°F (22.3°/11.5°C)
Oct 44°/36°F (6.8°/2.2°C) 72°/50°F (22.2°/9.8°C)
Nov 38°/30°F (3.4°/-1.3°C) 71°/46°F (21.8°/7.9°C)
Dec 36°/27°F (2.2°/-2.8°C) 69°/44°F (20.8°/6.6°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office, Coordinación General del Servicio Meteorológico Nacional Coordinación General del Servicio Meteorológico Nacional

Visitor Visa Requirements

Short-stay tourist visa rules between Iceland and Mexico. To live, work, or study long-term in Mexico, you'll need a separate residence or work visa — check Mexico's immigration authority.

Iceland passport

Iceland passport holder visiting Mexico

Visa Free
Iceland passport holders can enter Mexico without a visa.
Mexico passport

Mexico passport holder visiting Iceland

Visa Free
Mexico passport holders can enter Iceland without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Mexico than Iceland?

Yes — Mexico is on average about 62% cheaper than Iceland. City-level variation can be significant.

How much money do I need to move to Mexico?

Plan for at least 3 months of living expenses — roughly MX$125,358 in Mexico on a ISK9,402,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Mexico?

Internet is rarely the blocker — Mexico has 20.5 fixed broadband subscriptions per 100 people. The real questions are legal: digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.

Is Mexico safe for expats?

Iceland performs better than Mexico across all safety metrics. The homicide rate in Mexico is 26.1 per 100,000 people, compared to 1.1 in Iceland. About 38% of people in Mexico feel safe walking alone at night.

How is healthcare in Mexico compared to Iceland?

Iceland generally does better on health & wellbeing, though Mexico leads in healthcare spending per person. There are 25.6 doctors per 10,000 people in Mexico, compared to 45.2 in Iceland. Mexico scores 75 on the WHO universal health coverage index (Iceland: 89).

What's the weather like in Mexico compared to Iceland?

The average high temperature in Mexico City is 74°F, compared to 45°F in Reykjavik. Mexico City receives around 32.1 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Mexico?

The official language in Mexico is Spanish. In Iceland, the official language is Icelandic.

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At a Glance

IS MX
Population 357,603 129,150,971
Currency Icelandic Króna (ISK) Mexican Peso (MX$)
Languages Icelandic Spanish
Driving side Right Right
Calling code +354 +52
Time zones 1 3
Emergency number 112 911