Last update: Nov 2026

Cost of Living Comparison Between Drangsnes and Playa del Carmen

For one person, living is cheaper in Playa del Carmen: $1,202 a month against $1,726 in Drangsnes, rent and utilities included – about $6,300 less a year. The total is higher in Drangsnes despite lower rent and utilities.

82

Cost of Living Index in Drangsnes
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Drangsnes Living Index
57

Cost of Living Index in Playa del Carmen
Learn more

Playa del Carmen Living Index

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Drangsnes

🇮🇸 Iceland

$1,726

/mo nomad

Playa del Carmen

🇲🇽 Mexico

$1,202

/mo nomad

Monthly Cost of Living

How much you'll spend in Drangsnes and in Playa del Carmen

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Drangsnes and in Playa del Carmen actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,726 in Drangsnes versus $1,202 in Playa del Carmen.

Drangsnes $1,726
Playa del Carmen $1,202

Estimated couple costs with rent: $2,935 in Drangsnes versus $2,082 in Playa del Carmen.

Drangsnes $2,935
Playa del Carmen $2,082

Monthly costs for a family of three with rent: $4,144 in Drangsnes versus $2,962 in Playa del Carmen.

Drangsnes $4,144
Playa del Carmen $2,962

Living in Drangsnes is roughly 44% more expensive than in Playa del Carmen, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Drangsnes is 28% above, Playa del Carmen is 11% below.

Meal at Budget Restaurant

$31.74 ISK 3,856

$10.67 MX$201

197.47%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.9K

$43.80 MX$824

179.59%

Fast Food Meal (McDonalds, etc)

$26.90 ISK 3,268

$11.79 MX$222

128.16%

Cappuccino

$6.91 ISK 840

$3.79 MX$71.2

82.32%

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

$3.41 ISK 414

$1.30 MX$24.41

162.31%

Water (0.33 liter bottle)

$3.15 ISK 383

$0.83 MX$15.69

279.52%

Local Beer (0.5 liter draught)

$14.01 ISK 1,702

$3.15 MX$59.2

344.76%

Imported Beer (0.33 liter bottle)

$12.12 ISK 1,473

$4.93 MX$92.9

145.84%

Milk (1 liter)

$2.12 ISK 257

$1.41 MX$26.51

50.35%

White Bread (500g)

$4.23 ISK 514

$2.20 MX$41.32

92.27%

Rice (white) (1kg)

$3.65 ISK 444

$1.47 MX$27.71

148.30%

Eggs

$6.96 ISK 845

$2.50 MX$46.99

178.40%

Local Cheese (1kg)

$21.86 ISK 2,656

$7.29 MX$137

199.86%

Chicken Fillets (1kg)

$24.27 ISK 2,948

$7.95 MX$150

205.28%

Beef Round Steak (1kg)

$42.46 ISK 5,159

$12.86 MX$242

230.17%

Apples (1kg)

$3.28 ISK 398

$2.90 MX$54.5

13.10%

Banana (1kg)

$2.84 ISK 344

$1.38 MX$26.03

105.80%

Oranges (1kg)

$3.17 ISK 385

$2.49 MX$46.88

27.31%

Tomato (1kg)

$6.60 ISK 801

$2.03 MX$38.20

225.12%

Potato (1kg)

$3.94 ISK 479

$2.02 MX$38.11

95.05%

Onion (1kg)

$1.70 ISK 207

$1.90 MX$35.82

-10.53%

Lettuce (1 head)

$3.66 ISK 444

$1.14 MX$21.54

221.05%

Water (1.5 liter bottle)

$1.74 ISK 212

$1.24 MX$23.32

40.32%

Cigarettes 20 Pack (Marlboro, Camel)

$13.77 ISK 1,673

$4.27 MX$80.4

222.48%

Wine (Bottle)

$23.74 ISK 2,885

$9.81 MX$185

142.00%

Local Beer (0.5 liter bottle)

$3.67 ISK 446

$1.59 MX$29.85

130.82%

Imported Beer (0.33 liter bottle)

$3.49 ISK 424

$2.75 MX$51.7

26.91%

One-way Ticket (Public Transport)

$0.51 MX$9.69

Public Transport Monthly Pass (Regular Price)

$27.39 MX$515

Taxi Start (Normal Tariff)

$6.64 ISK 806

$4.76 MX$89.6

39.50%

Taxi (Normal Tariff) (1km)

$2.79 ISK 339

$3.25 MX$61.1

-14.15%

Taxi 1hour Waiting (Normal Tariff)

$80.7 ISK 9,799

$5.39 MX$101

1396.29%

Gasoline (1 liter)

$2.11 ISK 256

$1.53 MX$28.76

37.91%

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

$69.7K ISK 8.5M

$21.2K MX$399.2K

228.59%

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

$55.5K ISK 6.7M

$23.3K MX$437.8K

138.41%

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

$95.5 ISK 11.6K

$83.5 MX$1,571

14.36%

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

$33.11 ISK 4,023

$23.19 MX$436

42.78%

Internet (50+ Mbps, Unlimited Data)

$87.1 ISK 10.6K

$27.61 MX$520

215.61%

Gym Membership (Monthly)

$56.4 MX$1,062

Tennis Court (1 Hour on Weekend)

$28.19 MX$531

Cinema Ticket

$19.31 ISK 2,347

$5.00 MX$94.1

286.20%

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

$1,168 ISK 142.0K

$207 MX$3,897

464.26%

International Primary School, 1 Child (Yearly)

$26.3K ISK 3.2M

$5,231 MX$98.4K

402.43%

Jeans (Levis 501 Or Similar)

$152 ISK 18.5K

$43.45 MX$818

250.10%

Summer Dress (H&M, Zara, etc)

$65.6 ISK 7,971

$42.54 MX$801

54.23%

Sport Shoes (Adidas, Nike)

$179 ISK 21.7K

$72.8 MX$1,369

145.71%

Men's Leather Business Shoes

$248 ISK 30.1K

$88.4 MX$1,663

180.37%

1-bedroom Apartment, City Center (Monthly)

$995 MX$18.7K

1-bedroom Apartment, Outside City Center (Monthly)

$382 MX$7,197

3-bedroom Apartment, City Center (Monthly)

$1,674 MX$31.5K

3-bedroom Apartment, Outside City Center (Monthly)

$1,081 MX$20.3K

Buy Apartment in City Center (m2)

$3,909 MX$73.6K

Buy Apartment Outside City Center (m2)

$6,138 MX$115.5K

Average Monthly Net Salary (After Tax)

$6,094 ISK 740.4K

$832 MX$15.7K

632.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

11.45

-23.06%

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

Last update for Drangsnes: November 3, 2026

Last update for Playa del Carmen: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Drangsnes

$623 36.1%

Playa del Carmen

$257 21.4% 58.7% $365

Eating Out

Drangsnes

$538 31.2%

Playa del Carmen

$200 16.7% 62.8% $338

Clothing & Footwear

Drangsnes

$290 16.8%

Playa del Carmen

$111 9.3% 61.6% $179

Monthly Utilities & Internet

Drangsnes

$216 12.5%

Playa del Carmen

$134 11.2% 37.8% $81

Sport & Entertainment

Drangsnes

$39 * 2.2%

Playa del Carmen

$66 5.5% 72% $28

Getting Around

Drangsnes

$21 * 1.2%

Playa del Carmen

$50 4.2% 145% $30

Accommodation & Living

Drangsnes

- * 0%

Playa del Carmen

$382 31.8%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Drangsnes pays about 7.3 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $122 in Drangsnes vs $44 in Playa del Carmen for a mid-range dinner for two. Groceries echo the gap at $623 vs $257 per month, with Playa del Carmen cheaper across the board.

Good to know

🇮🇸 Drangsnes

🇲🇽 Playa del Carmen

🕒 Local time

04:03 4:03 AM

23:03 11:03 PM

5 h behind Drangsnes

🌤 Weather

👥 Population

100

149,923

💱 Currency

Icelandic Króna ISK kr

Mexican Peso MXN $

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

100 MXN = 5.31 USD

100 MXN = 4.75 EUR

Exchange rates and currency converter

MXN, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of November 4, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.36 EUR).

Mexican Peso exchange rates as of November 4, 2026: 1 USD = 18.82 MXN (100 MXN = 5.31 USD). 1 EUR = 21.05 MXN (100 MXN = 4.75 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Drangsnes Playa del Carmen 6,820 km ≈ 9 h nonstop flight

From you

Drangsnes
Playa del Carmen

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

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

Digital Nomad Cost of Living Index

Drangsnes vs Playa del Carmen: Cost of Living - Frequently Asked Questions

Playa del Carmen wins on cost – living expenses run 30% lower than in Drangsnes. Housing and daily spending are where you’ll feel the difference most, making Playa del Carmen the obvious pick if budget is a priority.

Average pay in Drangsnes is about 7.3 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Childcare runs $1,168 in Drangsnes versus $207 in Playa del Carmen. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Playa del Carmen – a meal for two runs $44 versus $122 in Drangsnes. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,202 in Playa del Carmen versus $1,726 in Drangsnes, a $1,500 budget is realistic in Playa del Carmen but tight or insufficient in Drangsnes. The gap between the two cities makes Playa del Carmen the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Playa del Carmen wins on affordability, Drangsnes on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.