Moving to Iceland from Mexico
What to Expect
A comprehensive look at what changes when you move from Mexico to Iceland — from daily expenses to quality of life.
If you moved from Mexico to Iceland, you would find that Iceland is 2.5 times more expensive than Mexico overall. A MX$1,400,000 salary in Mexico would need to be roughly ISK23,100,000 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. Expect a noticeable climate shift — Reykjavik averages 45°F vs 74°F in Mexico City, making it significantly cooler.
Planning this move? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes ↓Is Iceland cheaper than Mexico?
The biggest cost differences at a glance
Restaurants
pay 2.6 times more
Groceries
pay 74.3% more
Transportation
pay 91.2% more
Housing
pay 3.3 times more
Childcare
pay 4.1 times more
Entertainment and Sports
pay 2.7 times more
Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.
What salary do you need in Iceland?
What does your salary buy?
MX$1,400,000 → ISK23,100,000
To maintain the same standard of living in Iceland
Calculate with your salary →Get free moving quotes to Iceland
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Who Else Is Making This Move?
Real numbers on people moving from Mexico to Iceland, and how the trend has changed.
Who's moving to Iceland?
Top countries of origin for Iceland's foreign-born residents.
- 21,102
- 3,918
- 3,171
- 2,604
- 2,357
- 2,284
- · · ·
-
48.159
Mexico
Key Indicator Comparison
How Mexico and Iceland stack up on safety, healthcare, jobs, and infrastructure.
Is it safe?
per 100,000 people per year
of residents who feel safe walking alone at night
per 100,000 people per year
Iceland performs significantly better than Mexico across all safety metrics.
How's the healthcare?
annual government + private spending per person
affects wait times and access to care
WHO index from 0–100 measuring essential service access
share of adults with obesity
per 100,000 people — a proxy for mental health support
Iceland generally does better on health & wellbeing, though Mexico leads in healthcare spending per person.
What about the environment?
deaths attributable to air pollution per 100k people
tonnes of CO₂ emitted per person per year
Mexico generally does better on environment, though Iceland leads in air pollution deaths.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
annual consumption — reflects grid capacity
share of households with internet
Iceland performs significantly better than Mexico across all infrastructure metrics.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
the highest marginal rate on personal income
share of people below the poverty line
Mexico generally does better on employment & economy, though Iceland leads in gdp per capita.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
government spending on education as % of GDP
Iceland performs significantly better than Mexico across all family life metrics.
Sources: World Bank (2017–2025), United Nations SDG Indicators (2019–2022), World Health Organization (2024), Servicio de Administración Tributaria, SHCP (2016), Directorate of Internal Revenue (2016). How we calculate this
Weather in Iceland vs Mexico
Monthly averages — select a city to compare.
Avg. annual high / low
Avg. annual high / low
| Months | Mexico City | Reykjavik |
|---|---|---|
| Jan–Mar | 74°/45°F (23°/7°C) | 37°/28°F (3°/-2°C) |
| Apr–Jun | 79°/53°F (26°/12°C) | 48°/38°F (9°/4°C) |
| Jul–Sep | 73°/53°F (23°/12°C) | 54°/45°F (12°/7°C) |
| Oct–Dec | 71°/47°F (22°/8°C) | 39°/31°F (4°/-1°C) |
View all months
| Month | Mexico City | Reykjavik |
|---|---|---|
| Jan | 70°/42°F (21.2°/5.8°C) | 35°/27°F (1.9°/-3.0°C) |
| Feb | 73°/45°F (22.9°/7.1°C) | 37°/28°F (2.8°/-2.1°C) |
| Mar | 78°/49°F (25.7°/9.2°C) | 38°/28°F (3.2°/-2.0°C) |
| Apr | 80°/51°F (26.6°/10.8°C) | 42°/33°F (5.7°/0.4°C) |
| May | 80°/53°F (26.5°/11.7°C) | 49°/38°F (9.4°/3.6°C) |
| Jun | 76°/54°F (24.6°/12.2°C) | 53°/44°F (11.7°/6.7°C) |
| Jul | 73°/53°F (23.0°/11.5°C) | 56°/47°F (13.3°/8.3°C) |
| Aug | 74°/53°F (23.3°/11.6°C) | 55°/46°F (13.0°/7.9°C) |
| Sep | 72°/53°F (22.3°/11.5°C) | 50°/41°F (10.1°/5.0°C) |
| Oct | 72°/50°F (22.2°/9.8°C) | 44°/36°F (6.8°/2.2°C) |
| Nov | 71°/46°F (21.8°/7.9°C) | 38°/30°F (3.4°/-1.3°C) |
| Dec | 69°/44°F (20.8°/6.6°C) | 36°/27°F (2.2°/-2.8°C) |
Data:
Coordinación General del Servicio Meteorológico Nacional,
Icelandic Meteorological Office
Can you move from Mexico to Iceland?
Short-stay tourist visa rules between Mexico and Iceland. To live, work, or study long-term in Iceland, you'll need a separate residence or work visa — check Iceland's immigration authority.
Mexico passport holder visiting Iceland
Visa Free
Iceland passport holder visiting Mexico
Visa FreeData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Iceland than Mexico?
Day-to-day costs in Iceland run about 152% higher than Mexico on average; specific cities can swing further.
How much money do I need to move to Iceland?
A safe rule of thumb is 3 months of local expenses plus relocation costs. On a MX$1,400,000 comparable salary, that's around ISK5,775,000 in Iceland for everyday spending, before flights, shipping, a rental deposit, and visa fees.
Can I work remotely from Iceland?
With 37.5 fixed broadband subscriptions per 100 people, Iceland can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Mexico and Iceland.
Is Iceland safe for expats?
Iceland performs significantly better than Mexico across all safety metrics. The homicide rate in Iceland is 1.3 per 100,000 people, compared to 24.9 in Mexico. About 91% of people in Iceland feel safe walking alone at night.
How is healthcare in Iceland compared to Mexico?
Iceland generally does better on health & wellbeing, though Mexico leads in healthcare spending per person. There are 43.7 doctors per 10,000 people in Iceland, compared to 25.9 in Mexico. Iceland scores 89 on the WHO universal health coverage index (Mexico: 75).
What's the weather like in Iceland compared to Mexico?
The average high temperature in Reykjavik is 45°F, compared to 74°F in Mexico City. Reykjavik receives around 31.4 in of rainfall per year, while Mexico City gets 32.1 in.
What language do they speak in Iceland?
The official language in Iceland is Icelandic. In Mexico, the official language is Spanish.
