Cost of Living Comparison Between Grundarfjordur and Playa del Carmen Cost of Living Comparison Between Grundarfjordur and Playa del Carmen

😐 Solo nomad: Grundarfjordur is 90.4% more expensive than Playa del Carmen without rent, and 25.7% more expensive with rent.

😐 Family of 3: Grundarfjordur is 171% more expensive than Playa del Carmen without rent, and 29% more expensive with rent.

Meal at Budget Restaurant

$26.40 ISK 3,325

$11.88 MX$210

122.22%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.4K

$41.90 MX$740

248.45%

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,826

$10.55 MX$186

112.70%

Cappuccino

$6.22 ISK 784

$3.60 MX$63.5

72.78%

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

$3.26 ISK 410

$1.50 MX$26.45

117.33%

Water (0.33 liter bottle)

$2.61 ISK 329

$0.91 MX$16.09

186.81%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$3.08 MX$54.4

322.73%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,432

$4.47 MX$78.8

154.36%

Milk (1 liter)

$1.88 ISK 237

$1.39 MX$24.54

35.25%

White Bread (500g)

$4.28 ISK 540

$1.90 MX$33.47

125.26%

Rice (white) (1kg)

$3.59 ISK 452

$1.60 MX$28.27

124.37%

Eggs

$6.36 ISK 801

$2.60 MX$45.97

144.62%

Local Cheese (1kg)

$18.19 ISK 2,292

$8.36 MX$148

117.58%

Chicken Fillets (1kg)

$23.73 ISK 2,989

$8.64 MX$152

174.65%

Beef Round Steak (1kg)

$42.57 ISK 5,362

$10.91 MX$192

290.19%

Apples (1kg)

$3.31 ISK 417

$2.61 MX$45.98

26.82%

Banana (1kg)

$2.49 ISK 313

$1.44 MX$25.46

72.92%

Oranges (1kg)

$3.03 ISK 381

$1.96 MX$34.55

54.59%

Tomato (1kg)

$4.88 ISK 614

$2.12 MX$37.34

130.19%

Potato (1kg)

$3.66 ISK 460

$1.86 MX$32.87

96.77%

Onion (1kg)

$2.32 ISK 293

$2.22 MX$39.20

4.50%

Lettuce (1 head)

$3.14 ISK 395

$1.02 MX$17.99

207.84%

Water (1.5 liter bottle)

$1.99 ISK 251

$1.04 MX$18.36

91.35%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$4.05 MX$71.5

241.23%

Wine (Bottle)

$24.19 ISK 3,047

$10.18 MX$180

137.62%

Local Beer (0.5 liter bottle)

$3.73 ISK 470

$1.69 MX$29.79

120.71%

Imported Beer (0.33 liter bottle)

$3.36 ISK 423

$2.62 MX$46.25

28.24%

One-way Ticket (Public Transport)

$0.51 MX$9.09

Public Transport Monthly Pass (Regular Price)

$26.52 MX$468

Taxi Start (Normal Tariff)

$6.50 ISK 819

$3.15 MX$55.7

106.35%

Taxi (Normal Tariff) (1km)

$2.52 ISK 317

$2.46 MX$43.49

2.44%

Taxi 1hour Waiting (Normal Tariff)

$85.5 ISK 10.8K

$3.26 MX$57.5

2522.70%

Gasoline (1 liter)

$2.55 ISK 321

$1.32 MX$23.36

93.18%

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

$46.7K ISK 5.9M

$30.1K MX$531.0K

55.16%

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

$53.0K ISK 6.7M

$23.8K MX$419.3K

123.07%

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

$87.6 ISK 11.0K

$83.5 MX$1,474

4.85%

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

$27.54 ISK 3,468

$22.86 MX$404

20.47%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$30.04 MX$530

181.89%

Gym Membership (Monthly)

$51.9 MX$916

Tennis Court (1 Hour on Weekend)

$18.30 MX$323

Cinema Ticket

$17.42 ISK 2,195

$5.12 MX$90.4

240.23%

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

$325 ISK 41.0K

$201 MX$3,541

62.22%

International Primary School, 1 Child (Yearly)

$30.2K ISK 3.8M

$5,318 MX$93.9K

467.27%

Jeans (Levis 501 Or Similar)

$139 ISK 17.5K

$35.73 MX$631

288.75%

Summer Dress (H&M, Zara, etc)

$61.3 ISK 7,726

$40.27 MX$711

52.32%

Sport Shoes (Adidas, Nike)

$184 ISK 23.2K

$79.2 MX$1,398

132.44%

Men's Leather Business Shoes

$267 ISK 33.6K

$89.3 MX$1,576

198.58%

1-bedroom Apartment, City Center (Monthly)

$947 MX$16.7K

1-bedroom Apartment, Outside City Center (Monthly)

$483 MX$8,525

3-bedroom Apartment, City Center (Monthly)

$1,599 MX$28.2K

3-bedroom Apartment, Outside City Center (Monthly)

$1,211 MX$21.4K

Buy Apartment in City Center (m2)

$3,996 MX$70.5K

Buy Apartment Outside City Center (m2)

$1,181 ISK 148.7K

$6,402 MX$113.0K

-81.56%

Average Monthly Net Salary (After Tax)

$730 MX$12.9K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

11.42

-15.67%

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

Last update for Grundarfjordur: January 12, 2026

Last update for Playa del Carmen: 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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