Last update: Oct 2026

Cost of Living Comparison Between Egilsstadir and Playa del Carmen

For one person, living is cheaper in Egilsstadir: $620 a month against $1,210 in Playa del Carmen, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Playa del Carmen
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Playa del Carmen Living Index

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Egilsstadir

🇮🇸 Iceland

$620

/mo nomad

Playa del Carmen

🇲🇽 Mexico

$1,210

/mo nomad

Monthly Cost of Living

How much you'll spend in Egilsstadir 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 Egilsstadir and in Playa del Carmen actually costs, broken down by who's living it.

Monthly costs for one person with rent: $620 in Egilsstadir versus $1,210 in Playa del Carmen.

Egilsstadir $620
Playa del Carmen $1,210

Estimated couple costs with rent: $1,032 in Egilsstadir versus $2,113 in Playa del Carmen.

Egilsstadir $1,032
Playa del Carmen $2,113

Monthly costs for a family of three with rent: $1,444 in Egilsstadir versus $3,016 in Playa del Carmen.

Egilsstadir $1,444
Playa del Carmen $3,016

Living in Egilsstadir costs roughly 49% less than in Playa del Carmen, and outside of rent the biggest gap is in groceries.

Both cities sit below the global median: Egilsstadir 54% lower, Playa del Carmen 10% lower.

Meal at Budget Restaurant

$10.76 MX$199

Three-Course Dinner for Two, Mid-Range

$43.03 MX$795

Fast Food Meal (McDonalds, etc)

$11.79 MX$218

Cappuccino

$3.87 MX$71.4

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

$1.37 MX$25.29

Water (0.33 liter bottle)

$0.84 MX$15.44

Local Beer (0.5 liter draught)

$3.10 MX$57.3

Imported Beer (0.33 liter bottle)

$5.07 MX$93.6

Milk (1 liter)

$1.72 ISK 209

$1.44 MX$26.55

19.44%

White Bread (500g)

$2.92 ISK 354

$2.23 MX$41.23

30.94%

Rice (white) (1kg)

$2.45 ISK 297

$1.47 MX$27.17

66.67%

Eggs

$5.67 ISK 688

$2.53 MX$46.71

124.11%

Local Cheese (1kg)

$21.51 ISK 2,609

$7.30 MX$135

194.66%

Chicken Fillets (1kg)

$32.22 ISK 3,908

$7.86 MX$145

309.92%

Beef Round Steak (1kg)

$43.27 ISK 5,249

$12.79 MX$236

238.31%

Apples (1kg)

$2.64 ISK 320

$2.90 MX$53.6

-8.97%

Banana (1kg)

$2.49 ISK 302

$1.44 MX$26.53

72.92%

Oranges (1kg)

$2.44 ISK 296

$2.55 MX$47.07

-4.31%

Tomato (1kg)

$3.85 ISK 467

$2.06 MX$38.03

86.89%

Potato (1kg)

$4.54 ISK 551

$2.00 MX$36.97

127.00%

Onion (1kg)

$2.05 ISK 248

$2.01 MX$37.07

1.99%

Lettuce (1 head)

$2.13 ISK 258

$1.19 MX$22.02

78.99%

Water (1.5 liter bottle)

$2.18 ISK 264

$1.26 MX$23.23

73.02%

Cigarettes 20 Pack (Marlboro, Camel)

$4.40 MX$81.4

Wine (Bottle)

$22.05 ISK 2,674

$9.59 MX$177

129.93%

Local Beer (0.5 liter bottle)

$3.75 ISK 455

$1.59 MX$29.41

135.85%

Imported Beer (0.33 liter bottle)

$3.47 ISK 420

$2.81 MX$51.9

23.49%

One-way Ticket (Public Transport)

$0.57 MX$10.47

Public Transport Monthly Pass (Regular Price)

$27.82 MX$514

Taxi Start (Normal Tariff)

$5.99 ISK 727

$4.98 MX$92.1

20.28%

Taxi (Normal Tariff) (1km)

$3.50 MX$64.6

Taxi 1hour Waiting (Normal Tariff)

$5.40 MX$99.8

Gasoline (1 liter)

$2.34 ISK 284

$1.47 MX$27.08

59.18%

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

$21.0K MX$387.8K

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

$23.9K MX$441.8K

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

$84.2 MX$1,556

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

$23.99 MX$443

Internet (50+ Mbps, Unlimited Data)

$29.02 MX$536

Gym Membership (Monthly)

$63.0 MX$1,164

Tennis Court (1 Hour on Weekend)

$29.14 MX$539

Cinema Ticket

$4.94 MX$91.3

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

$204 MX$3,763

International Primary School, 1 Child (Yearly)

$3,941 MX$72.8K

Jeans (Levis 501 Or Similar)

$43.60 MX$806

Summer Dress (H&M, Zara, etc)

$43.12 MX$797

Sport Shoes (Adidas, Nike)

$75.8 MX$1,400

Men's Leather Business Shoes

$88.6 MX$1,637

1-bedroom Apartment, City Center (Monthly)

$1,008 MX$18.6K

1-bedroom Apartment, Outside City Center (Monthly)

$374 MX$6,911

3-bedroom Apartment, City Center (Monthly)

$1,708 MX$31.6K

3-bedroom Apartment, Outside City Center (Monthly)

$1,106 MX$20.4K

Buy Apartment in City Center (m2)

$3,944 MX$72.9K

Buy Apartment Outside City Center (m2)

$6,169 MX$114.0K

Average Monthly Net Salary (After Tax)

$754 MX$13.9K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.45

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

Last update for Egilsstadir: October 12, 2026

Last update for Playa del Carmen: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Egilsstadir

–

Playa del Carmen

$374 30.9%

Groceries & Markets

Egilsstadir

–

Playa del Carmen

$258 21.4%

Eating Out

Egilsstadir

–

Playa del Carmen

$202 16.7%

Monthly Utilities & Internet

Egilsstadir

–

Playa del Carmen

$137 11.3%

Clothing & Footwear

Egilsstadir

–

Playa del Carmen

$113 9.3%

Sport & Entertainment

Egilsstadir

–

Playa del Carmen

$73 6%

Getting Around

Egilsstadir

–

Playa del Carmen

$53 4.3%

Good to know

🇮🇸 Egilsstadir

🇲🇽 Playa del Carmen

🕒 Local time

21:58 9:58 PM

16:58 4:58 PM

5 h behind Egilsstadir

🌤 Weather

👥 Population

2,500

149,923

💱 Currency

Icelandic Króna ISK kr

Mexican Peso MXN $

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 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 October 18, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Mexican Peso exchange rates as of October 18, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to ISK in detail →

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Egilsstadir Playa del Carmen 7,130 km ≈ 9 h nonstop flight

From you

Egilsstadir
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

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

Egilsstadir is cheaper overall, especially in transport, eating out, and utilities. The 95% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $929 in Egilsstadir and $1,816 in Playa del Carmen to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Shoppers in Playa del Carmen pay roughly 137% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $620 per month in Egilsstadir versus $1,210 in Playa del Carmen – a 95% gap that adds up to real savings over time for anyone picking the cheaper option.

At $620 in Egilsstadir versus $1,210 in Playa del Carmen, a $1,500 budget is realistic in Egilsstadir but tight or insufficient in Playa del Carmen. The gap between the two cities makes Egilsstadir the clear choice for anyone on this budget.

For families, Egilsstadir is more practical. Housing and childcare are both notably cheaper than in Playa del Carmen, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Egilsstadir and Playa del Carmen are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Egilsstadir gentler on the wallet – expenses run 95% less than in Playa del Carmen. Beyond cost, consider language, visa policies, and how big the international community is in each city.