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

😐 Solo nomad: Grundarfjordur is 103.9% more expensive than Mexico City without rent, and 9.3% more expensive with rent.

😐 Family of 3: Grundarfjordur is 105.9% more expensive than Mexico City without rent, and 25.1% more expensive with rent.

Meal at Budget Restaurant

$26.40 ISK 3,325

$13.19 MX$233

100.15%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.4K

$53.5 MX$944

172.85%

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,826

$9.37 MX$165

139.49%

Cappuccino

$6.22 ISK 784

$3.75 MX$66.2

65.87%

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

$3.26 ISK 410

$1.57 MX$27.71

107.64%

Water (0.33 liter bottle)

$2.61 ISK 329

$1.11 MX$19.61

135.14%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$3.12 MX$55.1

317.31%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,432

$4.81 MX$84.9

136.38%

Milk (1 liter)

$1.88 ISK 237

$1.65 MX$29.16

13.94%

White Bread (500g)

$4.28 ISK 540

$2.77 MX$48.87

54.51%

Rice (white) (1kg)

$3.59 ISK 452

$1.91 MX$33.67

87.96%

Eggs

$6.36 ISK 801

$2.60 MX$45.81

144.62%

Local Cheese (1kg)

$18.19 ISK 2,292

$10.21 MX$180

78.16%

Chicken Fillets (1kg)

$23.73 ISK 2,990

$8.46 MX$149

180.50%

Beef Round Steak (1kg)

$42.57 ISK 5,362

$11.60 MX$205

266.98%

Apples (1kg)

$3.31 ISK 417

$3.00 MX$52.9

10.33%

Banana (1kg)

$2.49 ISK 313

$1.73 MX$30.49

43.93%

Oranges (1kg)

$3.03 ISK 381

$2.04 MX$36.05

48.53%

Tomato (1kg)

$4.88 ISK 614

$2.00 MX$35.34

144.00%

Potato (1kg)

$3.66 ISK 460

$2.15 MX$37.91

70.23%

Onion (1kg)

$2.32 ISK 293

$2.25 MX$39.71

3.11%

Lettuce (1 head)

$3.14 ISK 395

$1.39 MX$24.57

125.90%

Water (1.5 liter bottle)

$1.99 ISK 251

$1.07 MX$18.88

85.98%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$4.13 MX$73.0

234.62%

Wine (Bottle)

$24.19 ISK 3,047

$12.35 MX$218

95.87%

Local Beer (0.5 liter bottle)

$3.73 ISK 470

$1.70 MX$30.02

119.41%

Imported Beer (0.33 liter bottle)

$3.36 ISK 423

$3.56 MX$62.8

-5.62%

One-way Ticket (Public Transport)

$0.36 MX$6.35

Public Transport Monthly Pass (Regular Price)

$18.70 MX$330

Taxi Start (Normal Tariff)

$6.50 ISK 819

$1.36 MX$24.05

377.94%

Taxi (Normal Tariff) (1km)

$2.52 ISK 317

$0.28 MX$4.88

800.00%

Taxi 1hour Waiting (Normal Tariff)

$85.5 ISK 10.8K

$5.44 MX$96.0

1471.69%

Gasoline (1 liter)

$2.55 ISK 321

$1.34 MX$23.64

90.30%

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

$46.7K ISK 5.9M

$19.0K MX$335.5K

145.56%

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

$53.0K ISK 6.7M

$23.3K MX$411.1K

127.56%

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

$87.6 ISK 11.0K

$40.62 MX$717

115.61%

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

$27.54 ISK 3,469

$26.92 MX$475

2.30%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$29.98 MX$529

182.45%

Gym Membership (Monthly)

$52.2 MX$922

Tennis Court (1 Hour on Weekend)

$25.91 MX$457

Cinema Ticket

$17.42 ISK 2,195

$6.39 MX$113

172.61%

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

$325 ISK 41.0K

$431 MX$7,603

-24.44%

International Primary School, 1 Child (Yearly)

$30.2K ISK 3.8M

$10.4K MX$184.0K

189.32%

Jeans (Levis 501 Or Similar)

$139 ISK 17.5K

$58.4 MX$1,031

137.76%

Summer Dress (H&M, Zara, etc)

$61.3 ISK 7,727

$44.65 MX$788

37.38%

Sport Shoes (Adidas, Nike)

$184 ISK 23.2K

$103 MX$1,823

78.17%

Men's Leather Business Shoes

$267 ISK 33.6K

$106 MX$1,876

150.74%

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)

$1,181 ISK 148.8K

$2,169 MX$38.3K

-45.56%

Average Monthly Net Salary (After Tax)

$1,044 MX$18.4K

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 Grundarfjordur: January 12, 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

Similar cities

Nosara

🇨🇷 Costa Rica

Seminyak, Bali

🇮🇩 Indonesia

Riga

🇱🇻 Latvia

Thessaloniki

🇬🇷 Greece

Plzen

🇨🇿 Czech Republic

Vilnius

🇱🇹 Lithuania

Moscow

🇷🇺 Russia

Montevideo

🇺🇾 Uruguay