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

🙂 Solo nomad: Bakkafjordur is 69.2% cheaper than Mexico City without rent, and 83% cheaper with rent.

🙂 Family of 3: Bakkafjordur is 65.5% cheaper than Mexico City without rent, and 81.3% cheaper with rent.

Meal at Budget Restaurant

$13.19 MX$233

Three-Course Dinner for Two, Mid-Range

$53.5 MX$944

Fast Food Meal (McDonalds, etc)

$9.37 MX$165

Cappuccino

$3.75 MX$66.2

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

$1.57 MX$27.71

Water (0.33 liter bottle)

$1.11 MX$19.61

Local Beer (0.5 liter draught)

$3.12 MX$55.1

Imported Beer (0.33 liter bottle)

$4.81 MX$84.9

Milk (1 liter)

$1.65 MX$29.16

White Bread (500g)

$2.25 ISK 283

$2.77 MX$48.87

-18.77%

Rice (white) (1kg)

$2.16 ISK 272

$1.91 MX$33.67

13.09%

Eggs

$4.84 ISK 610

$2.60 MX$45.81

86.15%

Local Cheese (1kg)

$8.77 ISK 1,105

$10.21 MX$180

-14.10%

Chicken Fillets (1kg)

$10.81 ISK 1,362

$8.46 MX$149

27.78%

Beef Round Steak (1kg)

$11.08 ISK 1,395

$11.60 MX$205

-4.48%

Apples (1kg)

$2.25 ISK 283

$3.00 MX$52.9

-25.00%

Banana (1kg)

$2.25 ISK 284

$1.73 MX$30.49

30.06%

Oranges (1kg)

$2.24 ISK 283

$2.04 MX$36.05

9.80%

Tomato (1kg)

$2.16 ISK 272

$2.00 MX$35.34

8.00%

Potato (1kg)

$2.16 ISK 272

$2.15 MX$37.91

0.47%

Onion (1kg)

$2.23 ISK 281

$2.25 MX$39.71

-0.89%

Lettuce (1 head)

$0.99 ISK 125

$1.39 MX$24.57

-28.78%

Water (1.5 liter bottle)

$1.99 ISK 251

$1.07 MX$18.88

85.98%

Cigarettes 20 Pack (Marlboro, Camel)

$4.13 MX$73.0

Wine (Bottle)

$12.35 MX$218

Local Beer (0.5 liter bottle)

$1.70 MX$30.02

Imported Beer (0.33 liter bottle)

$3.56 MX$62.8

One-way Ticket (Public Transport)

$0.36 MX$6.35

Public Transport Monthly Pass (Regular Price)

$18.70 MX$330

Taxi Start (Normal Tariff)

$1.36 MX$24.05

Taxi (Normal Tariff) (1km)

$0.28 MX$4.88

Taxi 1hour Waiting (Normal Tariff)

$5.44 MX$96.0

Gasoline (1 liter)

$1.34 MX$23.64

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

$19.0K MX$335.5K

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

$23.3K MX$411.1K

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

$40.62 MX$717

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

$26.92 MX$475

Internet (50+ Mbps, Unlimited Data)

$29.98 MX$529

Gym Membership (Monthly)

$52.2 MX$922

Tennis Court (1 Hour on Weekend)

$25.91 MX$457

Cinema Ticket

$6.39 MX$113

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

$431 MX$7,603

International Primary School, 1 Child (Yearly)

$10.4K MX$184.0K

Jeans (Levis 501 Or Similar)

$58.4 MX$1,031

Summer Dress (H&M, Zara, etc)

$44.65 MX$788

Sport Shoes (Adidas, Nike)

$103 MX$1,823

Men's Leather Business Shoes

$106 MX$1,876

1-bedroom Apartment, City Center (Monthly)

$998 MX$17.6K

1-bedroom Apartment, Outside City Center (Monthly)

$624 MX$11.0K

3-bedroom Apartment, City Center (Monthly)

$2,108 MX$37.2K

3-bedroom Apartment, Outside City Center (Monthly)

$1,231 MX$21.7K

Buy Apartment in City Center (m2)

$3,647 MX$64.4K

Buy Apartment Outside City Center (m2)

$2,169 MX$38.3K

Average Monthly Net Salary (After Tax)

$5,889 ISK 741.8K

$1,044 MX$18.4K

464.02%

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: January 13, 2026

Last update for Mexico City: January 13, 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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