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

😐 Solo nomad: Drangsnes is 116.8% more expensive than Mexico City without rent, and 11.2% more expensive with rent.

😐 Family of 3: Drangsnes is 78.6% more expensive than Mexico City without rent, and 28.4% more expensive with rent.

Meal at Budget Restaurant

$27.39 ISK 3,451

$13.19 MX$233

107.66%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

$53.5 MX$944

169.18%

Fast Food Meal (McDonalds, etc)

$22.70 ISK 2,859

$9.37 MX$165

142.26%

Cappuccino

$5.93 ISK 747

$3.75 MX$66.2

58.13%

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

$3.30 ISK 415

$1.57 MX$27.71

110.19%

Water (0.33 liter bottle)

$2.54 ISK 320

$1.11 MX$19.61

128.83%

Local Beer (0.5 liter draught)

$12.88 ISK 1,623

$3.12 MX$55.1

312.82%

Imported Beer (0.33 liter bottle)

$11.16 ISK 1,406

$4.81 MX$84.9

132.02%

Milk (1 liter)

$1.89 ISK 239

$1.65 MX$29.16

14.55%

White Bread (500g)

$4.23 ISK 533

$2.77 MX$48.87

52.71%

Rice (white) (1kg)

$3.74 ISK 471

$1.91 MX$33.67

95.81%

Eggs

$6.24 ISK 786

$2.60 MX$45.81

140.00%

Local Cheese (1kg)

$18.36 ISK 2,312

$10.21 MX$180

79.82%

Chicken Fillets (1kg)

$23.65 ISK 2,979

$8.46 MX$149

179.55%

Beef Round Steak (1kg)

$42.48 ISK 5,352

$11.60 MX$205

266.21%

Apples (1kg)

$3.32 ISK 419

$3.00 MX$52.9

10.67%

Banana (1kg)

$2.53 ISK 319

$1.73 MX$30.49

46.24%

Oranges (1kg)

$3.09 ISK 390

$2.04 MX$36.05

51.47%

Tomato (1kg)

$4.98 ISK 627

$2.00 MX$35.34

149.00%

Potato (1kg)

$3.54 ISK 446

$2.15 MX$37.91

64.65%

Onion (1kg)

$2.44 ISK 307

$2.25 MX$39.71

8.44%

Lettuce (1 head)

$3.17 ISK 399

$1.39 MX$24.57

128.06%

Water (1.5 liter bottle)

$1.91 ISK 241

$1.07 MX$18.88

78.50%

Cigarettes 20 Pack (Marlboro, Camel)

$13.42 ISK 1,691

$4.13 MX$73.0

224.94%

Wine (Bottle)

$24.23 ISK 3,052

$12.35 MX$218

96.19%

Local Beer (0.5 liter bottle)

$3.55 ISK 448

$1.70 MX$30.02

108.82%

Imported Beer (0.33 liter bottle)

$3.23 ISK 407

$3.56 MX$62.8

-9.27%

One-way Ticket (Public Transport)

$0.36 MX$6.35

Public Transport Monthly Pass (Regular Price)

$18.70 MX$330

Taxi Start (Normal Tariff)

$6.25 ISK 788

$1.36 MX$24.05

359.56%

Taxi (Normal Tariff) (1km)

$2.52 ISK 317

$0.28 MX$4.88

800.00%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.7K

$5.44 MX$96.0

1466.91%

Gasoline (1 liter)

$2.54 ISK 320

$1.34 MX$23.64

89.55%

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

$47.5K ISK 6.0M

$19.0K MX$335.5K

149.90%

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

$52.2K ISK 6.6M

$23.3K MX$411.1K

124.31%

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

$88.1 ISK 11.1K

$40.62 MX$717

116.77%

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

$27.75 ISK 3,496

$26.92 MX$475

3.08%

Internet (50+ Mbps, Unlimited Data)

$85.1 ISK 10.7K

$29.98 MX$529

183.92%

Gym Membership (Monthly)

$52.2 MX$922

Tennis Court (1 Hour on Weekend)

$25.91 MX$457

Cinema Ticket

$17.38 ISK 2,189

$6.39 MX$113

171.99%

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

$328 ISK 41.3K

$431 MX$7,603

-23.96%

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

$10.4K MX$184.0K

191.09%

Jeans (Levis 501 Or Similar)

$142 ISK 17.8K

$58.4 MX$1,031

142.26%

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,887

$44.65 MX$788

40.22%

Sport Shoes (Adidas, Nike)

$183 ISK 23.0K

$103 MX$1,823

76.73%

Men's Leather Business Shoes

$264 ISK 33.2K

$106 MX$1,876

148.14%

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)

$5,980 ISK 753.3K

$1,044 MX$18.4K

472.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

11.34

-15.08%

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

Last update for Drangsnes: January 11, 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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