Cost of living comparison
Morelia is 56.7% cheaper than Reykjavik.
- Restaurants
-
pay 65.7% less in Morelia
- Groceries
-
pay 40.7% less in Morelia
- Transportation
-
pay 68.4% less in Morelia
- Housing
-
pay 70.3% less in Morelia
- Childcare
-
pay 40.7% less in Morelia
- Entertainment and Sports
-
pay 59.7% less in Morelia
- Clothing
-
pay 51.7% less in Morelia
Expenses including housing, transportation, restaurants, entertainment and sports, clothing, and groceries are lower in Morelia.
If you lived in Morelia instead of Reykjavik, you would:
pay 65.7% less for restaurants
|
Reykjavik
|
Morelia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,796
|
$7.45
MX$153.62
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,519
|
$5.46
MX$112.66
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK441
|
$1.08
MX$22.27
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK305
|
$0.77
MX$15.94
|
|
pay 40.7% less for groceries
|
Reykjavik
|
Morelia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK505
|
$2.45
MX$50.59
|
|
| Local cheese (8 oz) |
$7.76
ISK1,084
|
$3.31
MX$68.28
|
|
| Milk (1 gallon) |
$6.40
ISK895
|
$5.51
MX$113.62
|
|
|
Eggs
1 dozen
|
$5.76
ISK805
|
$2.18
MX$45.03
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,321
|
$3.53
MX$72.78
|
|
| Apples (1 lb) |
$1.40
ISK196
|
$1.22
MX$25.20
|
|
| Bananas (1 lb) |
$1.01
ISK141
|
$0.60
MX$12.39
|
|
| Oranges (1 lb) |
$1.22
ISK170
|
$0.60
MX$12.39
|
|
| Tomatoes (1 lb) |
$2.22
ISK311
|
$0.83
MX$17.07
|
|
| Potatoes (1 lb) |
$1.43
ISK201
|
$0.85
MX$17.56
|
|
| Onions (1 lb) |
$0.93
ISK131
|
$0.83
MX$17.07
|
|
pay 68.4% less for transportation
|
Reykjavik
|
Morelia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,188
|
$4.51
MX$92.99
|
|
| Monthly public transit pass |
$74.95
ISK10,477
|
$22.34
MX$460.86
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,933,724
|
$12,410.01
MX$256,035.92
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,362
|
$3.47
MX$71.69
|
|
pay 70.3% less for housing
|
Reykjavik
|
Morelia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,766
|
$24.38
MX$502.98
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK275,530
|
$314.39
MX$6,486.24
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK252,085
|
$215.11
MX$4,437.96
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,542
|
$30.31
MX$625.36
|
|
pay 40.7% less for childcare
|
Reykjavik
|
Morelia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,244
|
$173.74
MX$3,584.50
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK837,840
|
$2,978.40
MX$61,448.62
|
|
pay 59.7% less for entertainment and sports
|
Reykjavik
|
Morelia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,511
|
$2.73
MX$56.33
|
|
| Cappuccino in mid-range area |
$5.31
ISK742
|
$3.01
MX$62.02
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,712
|
$2.82
MX$58.17
|
|
| Monthly membership at local gym |
$69.95
ISK9,777
|
$48.81
MX$1,007.07
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,065
|
$3.97
MX$81.93
|
|
pay 51.7% less for clothing
|
Reykjavik
|
Morelia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,232
|
$41.37
MX$853.45
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,950
|
$28.13
MX$580.35
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,226
|
$77.77
MX$1,604.49
|
|
| Men's business shoes (leather) |
$194.16
ISK27,139
|
$91.93
MX$1,896.63
|
|
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