Last update: Nov 2026

Cost of Living Comparison Between Hverageroi and Playa del Carmen

For one person, living is cheaper in Playa del Carmen: $1,202 a month against $1,719 in Hverageroi, rent and utilities included – about $6,200 less a year. The total is higher in Hverageroi despite lower rent and utilities.

82

Cost of Living Index in Hverageroi
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Hverageroi Living Index
57

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

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Hverageroi

🇮🇸 Iceland

$1,719

/mo nomad

Playa del Carmen

🇲🇽 Mexico

$1,202

/mo nomad

Monthly Cost of Living

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

A single person spends $1,719 per month in Hverageroi vs $1,202 in Playa del Carmen, rent included.

Hverageroi $1,719
Playa del Carmen $1,202

A couple spends around $2,927 per month in Hverageroi vs $2,082 in Playa del Carmen, rent included.

Hverageroi $2,927
Playa del Carmen $2,082

A family of three spends $4,135 per month in Hverageroi vs $2,962 in Playa del Carmen, rent included.

Hverageroi $4,135
Playa del Carmen $2,962

Hverageroi costs about 43% more than Playa del Carmen, and outside of rent the biggest gap is in groceries.

Hverageroi sits 27% above the global median, while Playa del Carmen is 11% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.27 ISK 3,799

$10.67 MX$201

193.06%

Three-Course Dinner for Two, Mid-Range

$124 ISK 15.1K

$43.80 MX$824

183.38%

Fast Food Meal (McDonalds, etc)

$27.50 ISK 3,341

$11.79 MX$222

133.25%

Cappuccino

$6.74 ISK 819

$3.79 MX$71.2

77.84%

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

$3.37 ISK 409

$1.30 MX$24.41

159.23%

Water (0.33 liter bottle)

$3.15 ISK 383

$0.83 MX$15.69

279.52%

Local Beer (0.5 liter draught)

$14.10 ISK 1,713

$3.15 MX$59.2

347.62%

Imported Beer (0.33 liter bottle)

$12.30 ISK 1,495

$4.93 MX$92.9

149.49%

Milk (1 liter)

$2.02 ISK 246

$1.41 MX$26.51

43.26%

White Bread (500g)

$4.28 ISK 520

$2.20 MX$41.32

94.55%

Rice (white) (1kg)

$3.65 ISK 444

$1.47 MX$27.71

148.30%

Eggs

$6.90 ISK 838

$2.50 MX$46.99

176.00%

Local Cheese (1kg)

$21.93 ISK 2,665

$7.29 MX$137

200.82%

Chicken Fillets (1kg)

$23.98 ISK 2,914

$7.95 MX$150

201.64%

Beef Round Steak (1kg)

$41.79 ISK 5,077

$12.86 MX$242

224.96%

Apples (1kg)

$3.36 ISK 408

$2.90 MX$54.5

15.86%

Banana (1kg)

$2.76 ISK 335

$1.38 MX$26.03

100.00%

Oranges (1kg)

$3.18 ISK 387

$2.49 MX$46.88

27.71%

Tomato (1kg)

$6.38 ISK 775

$2.03 MX$38.20

214.29%

Potato (1kg)

$3.91 ISK 475

$2.02 MX$38.11

93.56%

Onion (1kg)

$1.70 ISK 207

$1.90 MX$35.82

-10.53%

Lettuce (1 head)

$3.62 ISK 440

$1.14 MX$21.54

217.54%

Water (1.5 liter bottle)

$1.77 ISK 215

$1.24 MX$23.32

42.74%

Cigarettes 20 Pack (Marlboro, Camel)

$13.81 ISK 1,678

$4.27 MX$80.4

223.42%

Wine (Bottle)

$23.51 ISK 2,856

$9.81 MX$185

139.65%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.59 MX$29.85

122.64%

Imported Beer (0.33 liter bottle)

$3.48 ISK 423

$2.75 MX$51.7

26.55%

One-way Ticket (Public Transport)

$0.51 MX$9.69

Public Transport Monthly Pass (Regular Price)

$27.39 MX$515

Taxi Start (Normal Tariff)

$6.90 ISK 839

$4.76 MX$89.6

44.96%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$3.25 MX$61.1

-10.77%

Taxi 1hour Waiting (Normal Tariff)

$81.7 ISK 9,928

$5.39 MX$101

1415.96%

Gasoline (1 liter)

$2.04 ISK 248

$1.53 MX$28.76

33.33%

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

$69.7K ISK 8.5M

$21.2K MX$399.2K

228.46%

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

$55.0K ISK 6.7M

$23.3K MX$437.8K

136.46%

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

$97.0 ISK 11.8K

$83.5 MX$1,571

16.22%

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

$32.70 ISK 3,973

$23.19 MX$436

41.01%

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.4K

$27.61 MX$520

209.24%

Gym Membership (Monthly)

$56.4 MX$1,062

Tennis Court (1 Hour on Weekend)

$28.19 MX$531

Cinema Ticket

$19.66 ISK 2,389

$5.00 MX$94.1

293.20%

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

$1,207 ISK 146.7K

$207 MX$3,897

483.06%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$5,231 MX$98.4K

399.94%

Jeans (Levis 501 Or Similar)

$150 ISK 18.2K

$43.45 MX$818

244.51%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,114

$42.54 MX$801

56.98%

Sport Shoes (Adidas, Nike)

$185 ISK 22.5K

$72.8 MX$1,369

153.96%

Men's Leather Business Shoes

$247 ISK 30.0K

$88.4 MX$1,663

179.05%

1-bedroom Apartment, City Center (Monthly)

$995 MX$18.7K

1-bedroom Apartment, Outside City Center (Monthly)

$382 MX$7,197

3-bedroom Apartment, City Center (Monthly)

$1,674 MX$31.5K

3-bedroom Apartment, Outside City Center (Monthly)

$1,081 MX$20.3K

Buy Apartment in City Center (m2)

$3,909 MX$73.6K

Buy Apartment Outside City Center (m2)

$6,138 MX$115.5K

Average Monthly Net Salary (After Tax)

$832 MX$15.7K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

11.45

-23.06%

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

Last update for Hverageroi: November 1, 2026

Last update for Playa del Carmen: November 2, 2026

Monthly budget structure

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

Groceries & Markets

Hverageroi

$617 35.9%

Playa del Carmen

$257 21.4% 58.3% $359

Eating Out

Hverageroi

$535 31.1%

Playa del Carmen

$200 16.7% 62.5% $334

Clothing & Footwear

Hverageroi

$292 17%

Playa del Carmen

$111 9.3% 61.9% $180

Monthly Utilities & Internet

Hverageroi

$215 12.5%

Playa del Carmen

$134 11.2% 37.6% $81

Sport & Entertainment

Hverageroi

$39 * 2.3%

Playa del Carmen

$66 5.5% 68.9% $27

Getting Around

Hverageroi

$21 * 1.2%

Playa del Carmen

$50 4.2% 136% $29

Accommodation & Living

Hverageroi

- * 0%

Playa del Carmen

$382 31.8%

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 $124 in Hverageroi versus $44 in Playa del Carmen. Monthly groceries follow the same trend: $617 vs $257 – making Playa del Carmen the more affordable choice for daily food spending.

Good to know

🇮🇸 Hverageroi

🇲🇽 Playa del Carmen

🕒 Local time

04:04 4:04 AM

23:04 11:04 PM

5 h behind Hverageroi

🌤 Weather

👥 Population

2,657

149,923

💱 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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Highest

Between locations

Hverageroi Playa del Carmen 6,790 km ≈ 9 h nonstop flight

From you

Hverageroi
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

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

Hverageroi costs about 43% more than Playa del Carmen, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,578 per month in Hverageroi and $1,804 in Playa del Carmen. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,719 in Hverageroi and $1,202 in Playa del Carmen. That makes Playa del Carmen about 30% cheaper.

Kindergarten costs $1,207 per month in Hverageroi and $207 in Playa del Carmen. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Playa del Carmen, where all-in costs run around $1,202, than in Hverageroi at $1,719. In Playa del Carmen it covers expenses comfortably, while in Hverageroi it requires careful planning or may not stretch far enough.

It depends on your priorities. Playa del Carmen has an edge in some lifestyle areas, with costs from $1,202 in Playa del Carmen to $1,719 in Hverageroi. Climate, culture, job market, and personal taste all factor in.