Cost of living comparison
Reykjavik is 53.6% more expensive than Monterrey.
If you lived in Reykjavik instead of Monterrey, you would:
pay 73.2% more for restaurants
|
Monterrey
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.84
MX$296.53
|
$21.59
ISK2,981
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.90
MX$177.92
|
$17.27
ISK2,385
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.57
MX$31.35
|
$2.90
ISK401
|
|
| Bottle of water (11 fl. oz) |
$1.23
MX$24.64
|
$2.07
ISK286
|
|
pay 47.4% more for groceries
|
Monterrey
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.91
MX$58.09
|
$3.68
ISK509
|
|
| Local cheese (8 oz) |
$5.72
MX$114.36
|
$7.66
ISK1,058
|
|
| Milk (1 gallon) |
$6.68
MX$133.42
|
$6.16
ISK851
|
|
|
Eggs
1 dozen
|
$3.28
MX$65.61
|
$5.91
ISK817
|
|
| Boneless chicken breast (1 lb) |
$4.57
MX$91.35
|
$8.87
ISK1,225
|
|
| Apples (1 lb) |
$1.46
MX$29.27
|
$1.53
ISK211
|
|
| Bananas (1 lb) |
$0.62
MX$12.36
|
$0.97
ISK134
|
|
| Oranges (1 lb) |
$0.84
MX$16.72
|
$1.26
ISK174
|
|
| Tomatoes (1 lb) |
$0.93
MX$18.52
|
$2.23
ISK308
|
|
| Potatoes (1 lb) |
$1.08
MX$21.64
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.91
MX$18.14
|
$1.01
ISK140
|
|
pay 62.6% more for transportation
|
Monterrey
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.52
MX$110.27
|
$8.57
ISK1,184
|
|
| Monthly public transit pass |
$50.45
MX$1,008.19
|
$66.92
ISK9,242
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,708.77
MX$533,745.34
|
$41,660.67
ISK5,754,172
|
|
| Taxi trip in downtown area (5 miles) |
$11.28
MX$225.36
|
$23.30
ISK3,218
|
|
pay 66.5% more for housing
|
Monterrey
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.68
MX$673.15
|
$68.45
ISK9,454
|
|
| 1-Bedroom apartment in downtown area |
$1,083.19
MX$21,646.34
|
$1,864.13
ISK257,474
|
|
| 1-Bedroom apartment outside city center |
$719.08
MX$14,370.07
|
$1,666.20
ISK230,135
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$109.26
MX$2,183.47
|
$64.43
ISK8,900
|
|
pay 33.0% less for childcare
|
Monterrey
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$364.60
MX$7,286.05
|
$240.37
ISK33,200
|
|
| Middle school for 1 child, two semesters |
$8,796.09
MX$175,780.13
|
$5,984.07
ISK826,520
|
|
pay 2.2 times more for entertainment and sports
|
Monterrey
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.97
MX$59.31
|
$10.79
ISK1,491
|
|
| Cappuccino in mid-range area |
$3.76
MX$75.05
|
$5.09
ISK703
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.60
MX$91.92
|
$11.87
ISK1,640
|
|
| Monthly membership at local gym |
$44.84
MX$896.10
|
$65.50
ISK9,047
|
|
| Movie ticket to theater/cinema |
$6.53
MX$130.47
|
$14.39
ISK1,988
|
|
pay 33.4% more for clothing
|
Monterrey
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$61.96
MX$1,238.17
|
$103.94
ISK14,356
|
|
|
Regular dress
from H&M or similar store
|
$47.90
MX$957.27
|
$43.50
ISK6,008
|
|
|
Running shoes
Nike or Adidas
|
$112.47
MX$2,247.60
|
$141.47
ISK19,540
|
|
| Men's business shoes (leather) |
$117.12
MX$2,340.49
|
$174.65
ISK24,123
|
|
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