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

😐 Solo nomad: Grundarfjordur is 95.5% more expensive than Playa del Carmen without rent, and 29% more expensive with rent.

😐 Family of 3: Grundarfjordur is 131.3% more expensive than Playa del Carmen without rent, and 31.5% more expensive with rent.

Meal at Budget Restaurant

$27.16 ISK 3,398

$11.85 MX$211

129.20%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$42.16 MX$750

245.59%

Fast Food Meal (McDonalds, etc)

$22.44 ISK 2,808

$10.75 MX$191

108.74%

Cappuccino

$6.02 ISK 753

$3.47 MX$61.8

73.49%

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

$3.26 ISK 408

$1.45 MX$25.85

124.83%

Water (0.33 liter bottle)

$2.55 ISK 319

$0.90 MX$16.06

183.33%

Local Beer (0.5 liter draught)

$12.75 ISK 1,596

$3.05 MX$54.3

318.03%

Imported Beer (0.33 liter bottle)

$11.37 ISK 1,423

$4.42 MX$78.6

157.24%

Milk (1 liter)

$1.97 ISK 246

$1.37 MX$24.36

43.80%

White Bread (500g)

$4.31 ISK 539

$1.87 MX$33.31

130.48%

Rice (white) (1kg)

$3.56 ISK 446

$1.54 MX$27.46

131.17%

Eggs

$6.44 ISK 806

$2.50 MX$44.53

157.60%

Local Cheese (1kg)

$17.88 ISK 2,237

$8.61 MX$153

107.67%

Chicken Fillets (1kg)

$23.87 ISK 2,987

$8.63 MX$154

176.59%

Beef Round Steak (1kg)

$42.87 ISK 5,365

$11.02 MX$196

289.02%

Apples (1kg)

$3.26 ISK 408

$2.75 MX$48.91

18.55%

Banana (1kg)

$2.44 ISK 306

$1.43 MX$25.41

70.63%

Oranges (1kg)

$2.97 ISK 371

$1.87 MX$33.32

58.82%

Tomato (1kg)

$4.97 ISK 622

$2.17 MX$38.56

129.03%

Potato (1kg)

$3.70 ISK 463

$1.88 MX$33.50

96.81%

Onion (1kg)

$2.44 ISK 305

$2.25 MX$39.96

8.44%

Lettuce (1 head)

$3.02 ISK 378

$1.07 MX$18.99

182.24%

Water (1.5 liter bottle)

$2.00 ISK 250

$1.07 MX$19.10

86.92%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 ISK 1,737

$4.15 MX$73.9

234.46%

Wine (Bottle)

$23.75 ISK 2,971

$10.34 MX$184

129.69%

Local Beer (0.5 liter bottle)

$3.55 ISK 444

$1.68 MX$29.87

111.31%

Imported Beer (0.33 liter bottle)

$3.37 ISK 422

$2.48 MX$44.19

35.89%

One-way Ticket (Public Transport)

$0.55 MX$9.87

Public Transport Monthly Pass (Regular Price)

$26.53 MX$472

Taxi Start (Normal Tariff)

$6.37 ISK 798

$3.22 MX$57.2

97.83%

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

$2.48 MX$44.15

6.85%

Taxi 1hour Waiting (Normal Tariff)

$84.5 ISK 10.6K

$3.11 MX$55.3

2616.08%

Gasoline (1 liter)

$2.53 ISK 316

$1.26 MX$22.34

100.79%

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

$46.5K ISK 5.8M

$30.7K MX$545.4K

51.66%

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

$51.5K ISK 6.4M

$24.0K MX$427.6K

114.25%

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

$86.3 ISK 10.8K

$82.5 MX$1,467

4.58%

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

$27.56 ISK 3,448

$22.29 MX$396

23.64%

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.5K

$30.02 MX$534

179.45%

Gym Membership (Monthly)

$51.4 MX$915

Tennis Court (1 Hour on Weekend)

$18.29 MX$325

Cinema Ticket

$17.84 ISK 2,232

$4.98 MX$88.7

258.23%

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

$315 ISK 39.4K

$200 MX$3,558

57.59%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$5,304 MX$94.4K

462.89%

Jeans (Levis 501 Or Similar)

$139 ISK 17.4K

$35.71 MX$635

290.51%

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,638

$39.56 MX$704

54.30%

Sport Shoes (Adidas, Nike)

$179 ISK 22.4K

$80.6 MX$1,433

122.45%

Men's Leather Business Shoes

$267 ISK 33.4K

$88.3 MX$1,571

202.23%

1-bedroom Apartment, City Center (Monthly)

$969 MX$17.2K

1-bedroom Apartment, Outside City Center (Monthly)

$482 MX$8,579

3-bedroom Apartment, City Center (Monthly)

$1,595 MX$28.4K

3-bedroom Apartment, Outside City Center (Monthly)

$1,184 MX$21.1K

Buy Apartment in City Center (m2)

$4,050 MX$72.1K

Buy Apartment Outside City Center (m2)

$1,171 ISK 146.6K

$6,522 MX$116.0K

-82.04%

Average Monthly Net Salary (After Tax)

$756 MX$13.5K

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: March 3, 2026

Last update for Playa del Carmen: March 3, 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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