Cost of living comparison

Hafnarfjorour, Iceland

compared to

Mexico City, Mexico

Mexico City vs. Hafnarfjorour Cost of Living Summary

Mexico City is 35.7% cheaper than Hafnarfjorour.

Restaurants: pay 50.5% less in Mexico City
Groceries: pay 29.9% less in Mexico City
Transportation: pay 65.4% less in Mexico City
Housing: pay 59.3% less in Mexico City
Childcare: pay 45.9% more in Mexico City
Entertainment and Sports: pay 58.8% less in Mexico City
Clothing: pay 31.6% less in Mexico City

Expenses including transportation, housing, entertainment and sports, restaurants, clothing, and groceries are lower in Mexico City.

Mexico City vs. Hafnarfjorour Cost Breakdown

If you lived in Mexico City instead of Hafnarfjorour, you would:

Display currency: USD

pay 50.5% less for restaurants

	Hafnarfjorour	Mexico City
Basic meal with drink at inexpensive restaurant	$14.77 ISK1,799	$9.93 MX$185.06	-32.8%
Fast food combo meal McDonalds, or similar	$14.55 ISK1,772	$7.45 MX$138.80	-48.8%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK384	$1.08 MX$20.12	-65.8%
Bottle of water (11 fl. oz)	$1.70 ISK207	$0.77 MX$14.40	-54.6%
Average			-50.5%

Hafnarfjorour vs. Mexico City - Cost of restaurants

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pay 29.9% less for groceries

	Hafnarfjorour	Mexico City
Bread 1 loaf	$2.16 ISK263	$2.45 MX$45.70	+13.4%
Local cheese (8 oz)	$7.76 ISK945	$4.87 MX$90.71	-37.3%
Milk (1 gallon)	$4.88 ISK595	$5.51 MX$102.65	+12.8%
Eggs 1 dozen	$5.76 ISK701	$2.18 MX$40.68	-62.1%
Boneless chicken breast (1 lb)	$9.45 ISK1,151	$3.57 MX$66.55	-62.2%
Apples (1 lb)	$1.40 ISK171	$1.22 MX$22.77	-12.9%
Bananas (1 lb)	$0.97 ISK119	$0.67 MX$12.47	-31.3%
Oranges (1 lb)	$1.22 ISK148	$0.80 MX$14.89	-34.4%
Tomatoes (1 lb)	$2.22 ISK271	$0.83 MX$15.42	-62.8%
Potatoes (1 lb)	$1.43 ISK175	$0.85 MX$15.86	-40.7%
Onions (1 lb)	$0.93 ISK114	$0.83 MX$15.43	-11.4%
Average			-29.9%

Hafnarfjorour vs. Mexico City - Cost of groceries

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pay 65.4% less for transportation

	Hafnarfjorour	Mexico City
Gasoline (1 gallon)	$8.24 ISK1,003	$4.64 MX$86.44	-43.7%
Monthly public transit pass	$74.95 ISK9,130	$17.87 MX$333.11	-76.2%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,170,889	$18,615.02 MX$346,987.66	-56.1%
Taxi trip in downtown area (5 miles)	$24.05 ISK2,930	$3.47 MX$64.77	-85.6%
Average			-65.4%

Hafnarfjorour vs. Mexico City - Cost of transportation

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pay 59.3% less for housing

	Hafnarfjorour	Mexico City
Internet connection 50 mbps or faster, cable/dsl	$69.88 ISK8,512	$24.38 MX$454.43	-65.1%
1-Bedroom apartment in downtown area	$2,162.16 ISK263,373	$893.52 MX$16,655.41	-58.7%
1-Bedroom apartment outside city center	$1,801.80 ISK219,477	$544.24 MX$10,144.66	-69.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,572	$30.31 MX$565.01	-43.8%
Average			-59.3%

Hafnarfjorour vs. Mexico City - Cost of housing

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pay 45.9% more for childcare

	Hafnarfjorour	Mexico City
Private preschool for 1 child, monthly	$252.14 ISK30,713	$381.33 MX$7,107.99	+51.2%
Middle school for 1 child, two semesters	$5,993.99 ISK730,128	$8,426.99 MX$157,080.76	+40.6%
Average			+45.9%

Hafnarfjorour vs. Mexico City - Cost of childcare

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pay 58.8% less for entertainment and sports

	Hafnarfjorour	Mexico City
Domestic/local beer (1 pint)	$8.64 ISK1,053	$2.73 MX$50.89	-68.4%
Cappuccino in mid-range area	$4.44 ISK541	$3.01 MX$56.03	-32.3%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,492	$3.92 MX$73.10	-68.0%
Monthly membership at local gym	??	$53.69 MX$1,000.74
Movie ticket to theater/cinema	$14.74 ISK1,795	$4.96 MX$92.53	-66.3%
Average			-58.8%

Hafnarfjorour vs. Mexico City - Cost of entertainment and sports

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pay 31.6% less for clothing

	Hafnarfjorour	Mexico City
Regular jeans Levi's brand	$108.97 ISK13,274	$56.36 MX$1,050.48	-48.3%
Regular dress from H&M or similar store	$36.04 ISK4,390	$41.06 MX$765.35	+13.9%
Running shoes Nike or Adidas	$151.35 ISK18,436	$91.99 MX$1,714.76	-39.2%
Men's business shoes (leather)	$194.16 ISK23,650	$91.93 MX$1,713.58	-52.7%
Average			-31.6%

Hafnarfjorour vs. Mexico City - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: July 2025

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