Cost of Living Comparison Between Bakkafjordur and Mexico City Cost of Living Comparison Between Bakkafjordur and Mexico City

🙂 Solo nomad: Bakkafjordur is 68.8% cheaper than Mexico City without rent, and 83.2% cheaper with rent.

🙂 Family of 3: Bakkafjordur is 70% cheaper than Mexico City without rent, and 81.5% cheaper with rent.

Meal at Budget Restaurant

$13.12 MX$231

Three-Course Dinner for Two, Mid-Range

$53.8 MX$946

Fast Food Meal (McDonalds, etc)

$9.40 MX$165

Cappuccino

$3.56 MX$62.7

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.60 MX$28.20

Water (0.33 liter bottle)

$1.15 MX$20.31

Local Beer (0.5 liter draught)

$3.16 MX$55.5

Imported Beer (0.33 liter bottle)

$4.85 MX$85.2

Milk (1 liter)

$1.63 MX$28.74

White Bread (500g)

$2.26 ISK 280

$2.73 MX$48.09

-17.22%

Rice (white) (1kg)

$2.18 ISK 271

$1.88 MX$33.04

15.96%

Eggs

$4.94 ISK 613

$2.63 MX$46.29

87.83%

Local Cheese (1kg)

$8.72 ISK 1,084

$9.89 MX$174

-11.83%

Chicken Fillets (1kg)

$11.03 ISK 1,371

$8.40 MX$148

31.31%

Beef Round Steak (1kg)

$11.16 ISK 1,387

$11.63 MX$205

-4.04%

Apples (1kg)

$2.26 ISK 281

$2.97 MX$52.3

-23.91%

Banana (1kg)

$2.24 ISK 279

$1.78 MX$31.39

25.84%

Oranges (1kg)

$2.18 ISK 271

$2.06 MX$36.16

5.83%

Tomato (1kg)

$2.14 ISK 266

$1.97 MX$34.74

8.63%

Potato (1kg)

$2.24 ISK 279

$2.09 MX$36.69

7.18%

Onion (1kg)

$2.14 ISK 266

$2.26 MX$39.74

-5.31%

Lettuce (1 head)

$0.99 ISK 123

$1.46 MX$25.65

-32.19%

Water (1.5 liter bottle)

$2.02 ISK 250

$1.09 MX$19.17

85.32%

Cigarettes 20 Pack (Marlboro, Camel)

$4.34 MX$76.3

Wine (Bottle)

$13.62 MX$240

Local Beer (0.5 liter bottle)

$1.67 MX$29.44

Imported Beer (0.33 liter bottle)

$3.54 MX$62.3

One-way Ticket (Public Transport)

$0.36 MX$6.33

Public Transport Monthly Pass (Regular Price)

$18.96 MX$333

Taxi Start (Normal Tariff)

$1.32 MX$23.28

Taxi (Normal Tariff) (1km)

$0.30 MX$5.30

Taxi 1hour Waiting (Normal Tariff)

$5.49 MX$96.5

Gasoline (1 liter)

$1.34 MX$23.51

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$19.1K MX$336.2K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$23.8K MX$418.0K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$41.11 MX$723

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.78 MX$489

Internet (50+ Mbps, Unlimited Data)

$30.00 MX$528

Gym Membership (Monthly)

$53.5 MX$942

Tennis Court (1 Hour on Weekend)

$26.13 MX$460

Cinema Ticket

$6.28 MX$111

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$439 MX$7,729

International Primary School, 1 Child (Yearly)

$10.7K MX$188.9K

Jeans (Levis 501 Or Similar)

$57.1 MX$1,005

Summer Dress (H&M, Zara, etc)

$45.30 MX$797

Sport Shoes (Adidas, Nike)

$104 MX$1,834

Men's Leather Business Shoes

$108 MX$1,904

1-bedroom Apartment, City Center (Monthly)

$996 MX$17.5K

1-bedroom Apartment, Outside City Center (Monthly)

$624 MX$11.0K

3-bedroom Apartment, City Center (Monthly)

$2,106 MX$37.1K

3-bedroom Apartment, Outside City Center (Monthly)

$1,218 MX$21.4K

Buy Apartment in City Center (m2)

$3,799 MX$66.8K

Buy Apartment Outside City Center (m2)

$2,230 MX$39.2K

Average Monthly Net Salary (After Tax)

$5,875 ISK 730.1K

$1,096 MX$19.3K

435.85%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.34

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Bakkafjordur: March 2, 2026

Last update for Mexico City: March 1, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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