Last update: Nov 2026

Cost of Living Comparison Between Hella and Mexico City

For one person, living is cheaper in Mexico City: $1,674 a month against $1,723 in Hella, rent and utilities included – about $590 less a year. The total is higher in Hella despite lower rent and utilities.

82

Cost of Living Index in Hella
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Hella Living Index
80

Cost of Living Index in Mexico City
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Mexico City Living Index

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Hella

🇮🇸 Iceland

$1,723

/mo nomad

Mexico City

🇲🇽 Mexico

$1,674

/mo nomad

Monthly Cost of Living

How much you'll spend in Hella and in Mexico City

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

A single person spends $1,723 per month in Hella vs $1,674 in Mexico City, rent included.

Hella $1,723
Mexico City $1,674

A couple spends around $2,927 per month in Hella vs $2,606 in Mexico City, rent included.

Hella $2,927
Mexico City $2,606

A family of three spends $4,131 per month in Hella vs $3,537 in Mexico City, rent included.

Hella $4,131
Mexico City $3,537

Hella costs about 3% more than Mexico City, and outside of rent the biggest gap is in eating out.

Both Hella and Mexico City sit above the global median – Hella by 27%, Mexico City by 24%.

Meal at Budget Restaurant

$31.22 ISK 3,793

$10.59 MX$199

194.81%

Three-Course Dinner for Two, Mid-Range

$121 ISK 14.7K

$52.0 MX$978

133.60%

Fast Food Meal (McDonalds, etc)

$27.24 ISK 3,310

$10.73 MX$202

153.87%

Cappuccino

$6.89 ISK 837

$3.80 MX$71.4

81.32%

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

$3.25 ISK 395

$1.61 MX$30.35

101.86%

Water (0.33 liter bottle)

$3.08 ISK 375

$1.21 MX$22.81

154.55%

Local Beer (0.5 liter draught)

$14.16 ISK 1,721

$3.18 MX$59.8

345.28%

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,495

$5.44 MX$102

126.10%

Milk (1 liter)

$2.00 ISK 243

$1.72 MX$32.32

16.28%

White Bread (500g)

$4.30 ISK 522

$2.97 MX$55.8

44.78%

Rice (white) (1kg)

$3.66 ISK 444

$1.93 MX$36.24

89.64%

Eggs

$7.27 ISK 883

$2.77 MX$52.2

162.45%

Local Cheese (1kg)

$21.85 ISK 2,654

$11.67 MX$220

87.23%

Chicken Fillets (1kg)

$24.10 ISK 2,928

$9.48 MX$178

154.22%

Beef Round Steak (1kg)

$41.15 ISK 4,999

$15.37 MX$289

167.73%

Apples (1kg)

$3.36 ISK 408

$3.10 MX$58.4

8.39%

Banana (1kg)

$2.83 ISK 343

$1.96 MX$36.90

44.39%

Oranges (1kg)

$3.21 ISK 390

$1.98 MX$37.30

62.12%

Tomato (1kg)

$6.56 ISK 798

$2.34 MX$43.95

180.34%

Potato (1kg)

$3.91 ISK 475

$2.02 MX$38.08

93.56%

Onion (1kg)

$1.69 ISK 205

$1.82 MX$34.34

-7.14%

Lettuce (1 head)

$3.64 ISK 442

$1.54 MX$29.06

136.36%

Water (1.5 liter bottle)

$1.83 ISK 223

$1.31 MX$24.70

39.69%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 ISK 1,697

$5.35 MX$101

161.12%

Wine (Bottle)

$23.32 ISK 2,834

$16.19 MX$305

44.04%

Local Beer (0.5 liter bottle)

$3.66 ISK 445

$1.96 MX$36.87

86.73%

Imported Beer (0.33 liter bottle)

$3.49 ISK 424

$4.35 MX$81.9

-19.77%

One-way Ticket (Public Transport)

$0.30 MX$5.74

Public Transport Monthly Pass (Regular Price)

$19.49 MX$367

Taxi Start (Normal Tariff)

$6.76 ISK 821

$1.92 MX$36.08

252.08%

Taxi (Normal Tariff) (1km)

$2.75 ISK 334

$0.47 MX$8.90

485.11%

Taxi 1hour Waiting (Normal Tariff)

$80.8 ISK 9,813

$5.41 MX$102

1392.98%

Gasoline (1 liter)

$2.10 ISK 255

$1.48 MX$27.92

41.89%

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

$67.9K ISK 8.2M

$21.4K MX$402.2K

217.52%

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

$56.3K ISK 6.8M

$23.8K MX$447.1K

136.82%

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

$96.8 ISK 11.8K

$62.0 MX$1,167

56.20%

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

$32.49 ISK 3,948

$28.47 MX$536

14.12%

Internet (50+ Mbps, Unlimited Data)

$85.0 ISK 10.3K

$34.11 MX$642

149.31%

Gym Membership (Monthly)

$58.4 MX$1,099

Tennis Court (1 Hour on Weekend)

$24.50 MX$461

Cinema Ticket

$19.81 ISK 2,407

$6.59 MX$124

200.61%

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

$1,205 ISK 146.4K

$434 MX$8,172

177.46%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$14.0K MX$264.1K

81.19%

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

$68.4 MX$1,286

119.60%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,112

$54.8 MX$1,031

21.82%

Sport Shoes (Adidas, Nike)

$185 ISK 22.5K

$111 MX$2,086

66.81%

Men's Leather Business Shoes

$252 ISK 30.6K

$116 MX$2,183

117.17%

1-bedroom Apartment, City Center (Monthly)

$1,179 MX$22.2K

1-bedroom Apartment, Outside City Center (Monthly)

$771 MX$14.5K

3-bedroom Apartment, City Center (Monthly)

$2,570 MX$48.4K

3-bedroom Apartment, Outside City Center (Monthly)

$1,420 MX$26.7K

Buy Apartment in City Center (m2)

$3,586 MX$67.5K

Buy Apartment Outside City Center (m2)

$2,064 MX$38.8K

Average Monthly Net Salary (After Tax)

$1,003 MX$18.9K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

11.35

-22.38%

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

Last update for Hella: November 2, 2026

Last update for Mexico City: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Hella

$619 35.9%

Mexico City

$324 19.3% 47.7% $296

Eating Out

Hella

$535 31.1%

Mexico City

$201 12% 62.5% $334

Clothing & Footwear

Hella

$294 17.1%

Mexico City

$158 9.4% 46.5% $137

Monthly Utilities & Internet

Hella

$214 12.4%

Mexico City

$125 7.4% 41.9% $90

Sport & Entertainment

Hella

$40 * 2.3%

Mexico City

$72 4.3% 80.6% $32

Getting Around

Hella

$20 * 1.2%

Mexico City

$25 1.5% 22% $4.5

Accommodation & Living

Hella

- * 0%

Mexico City

$771 46.1%

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

Cost Breakdown

A mid-range dinner for two costs $121 in Hella versus $52 in Mexico City. Monthly groceries follow the same trend: $619 vs $324 – making Mexico City the more affordable choice for daily food spending.

Good to know

🇮🇸 Hella

🇲🇽 Mexico City

🕒 Local time

05:49 5:49 AM

23:49 11:49 PM

6 h behind Hella

🌤 Weather

👥 Population

900

9,209,944 Capital

💱 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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Between locations

Hella Mexico City 7,530 km ≈ 10 h nonstop flight

From you

Hella
Mexico City

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

Hella vs Mexico City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,723 in Hella, $1,674 in Mexico City – Mexico City comes out roughly 3% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,584 per month in Hella and $2,510 in Mexico City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,723 in Hella and $1,674 in Mexico City. That makes Mexico City about 3% cheaper.

Kindergarten costs $1,205 per month in Hella and $434 in Mexico City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$3,000 covers both cities comfortably – all-in costs are $1,723 in Hella and $1,674 in Mexico City, leaving budget for savings and extras in both cases.

It depends on your priorities. Mexico City has an edge in some lifestyle areas, with costs from $1,674 in Mexico City to $1,723 in Hella. Climate, culture, job market, and personal taste all factor in.