Cost of living comparison
Reykjavik is 2.2 times more expensive than Mexico City.
If you lived in Reykjavik instead of Mexico City, you would:
pay 2.5 times more for restaurants
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.93
MX$201.99
|
$20.00
ISK2,753
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.45
MX$151.49
|
$18.02
ISK2,480
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.08
MX$21.96
|
$3.15
ISK434
|
|
| Bottle of water (11 fl. oz) |
$0.77
MX$15.72
|
$2.19
ISK301
|
|
pay 74.5% more for groceries
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.45
MX$49.88
|
$3.61
ISK497
|
|
| Local cheese (8 oz) |
$4.87
MX$99.01
|
$7.76
ISK1,068
|
|
| Milk (1 gallon) |
$5.51
MX$112.04
|
$6.40
ISK882
|
|
|
Eggs
1 dozen
|
$2.18
MX$44.40
|
$5.76
ISK792
|
|
| Boneless chicken breast (1 lb) |
$3.57
MX$72.64
|
$9.45
ISK1,300
|
|
| Apples (1 lb) |
$1.22
MX$24.85
|
$1.40
ISK193
|
|
| Bananas (1 lb) |
$0.67
MX$13.62
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.80
MX$16.25
|
$1.22
ISK168
|
|
| Tomatoes (1 lb) |
$0.83
MX$16.83
|
$2.22
ISK306
|
|
| Potatoes (1 lb) |
$0.85
MX$17.31
|
$1.43
ISK197
|
|
| Onions (1 lb) |
$0.83
MX$16.84
|
$0.93
ISK129
|
|
pay 3.8 times more for transportation
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.64
MX$94.34
|
$8.50
ISK1,170
|
|
| Monthly public transit pass |
$17.87
MX$363.58
|
$74.95
ISK10,318
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,615.02
MX$378,725.33
|
$42,450.45
ISK5,843,304
|
|
| Taxi trip in downtown area (5 miles) |
$3.47
MX$70.70
|
$24.05
ISK3,311
|
|
pay 2.5 times more for housing
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$24.38
MX$496.00
|
$69.87
ISK9,617
|
|
| 1-Bedroom apartment in downtown area |
$893.52
MX$18,178.82
|
$1,971.17
ISK271,332
|
|
| 1-Bedroom apartment outside city center |
$544.24
MX$11,072.55
|
$1,803.44
ISK248,243
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.31
MX$616.69
|
$53.95
ISK7,427
|
|
pay 31.4% less for childcare
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$381.33
MX$7,758.13
|
$252.14
ISK34,707
|
|
| Middle school for 1 child, two semesters |
$8,426.99
MX$171,448.36
|
$5,993.99
ISK825,073
|
|
pay 2.6 times more for entertainment and sports
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.73
MX$55.55
|
$10.81
ISK1,488
|
|
| Cappuccino in mid-range area |
$3.01
MX$61.16
|
$5.31
ISK730
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.92
MX$79.78
|
$12.25
ISK1,686
|
|
| Monthly membership at local gym |
$53.69
MX$1,092.28
|
$69.95
ISK9,628
|
|
| Movie ticket to theater/cinema |
$4.96
MX$100.99
|
$14.77
ISK2,034
|
|
pay 72.7% more for clothing
|
Mexico City
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.36
MX$1,146.56
|
$108.97
ISK15,000
|
|
|
Regular dress
from H&M or similar store
|
$41.06
MX$835.35
|
$49.72
ISK6,844
|
|
|
Running shoes
Nike or Adidas
|
$91.99
MX$1,871.60
|
$151.85
ISK20,903
|
|
| Men's business shoes (leather) |
$91.93
MX$1,870.32
|
$194.16
ISK26,726
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Mexico City. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.