Last update: Oct 2026
Cost of Living Comparison Between Iceland and Playa del Carmen
For one person, living is cheaper in Playa del Carmen: $1,215 a month against $3,841 in Iceland, rent and utilities included – about $31,500 less a year. Rent and utilities account for most of the difference.
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Iceland Living Index185Cost of Living Index in IcelandLearn more -
Playa del Carmen Living Index60Cost of Living Index in Playa del CarmenLearn more
😐 Solo nomad: Iceland is 101.7% more expensive than Playa del Carmen without rent, and 216.1% more expensive with rent.
😐 Family of 3: Iceland is 129.9% more expensive than Playa del Carmen without rent, and 129.7% more expensive with rent.
🍽 Eating Out
Iceland
Playa del Carmen
Difference
Meal at Budget Restaurant
$27.37 ISK 3,337
$10.97 MX$201
149.50%
Three-Course Dinner for Two, Mid-Range
$125 ISK 15.2K
$44.85 MX$823
178.39%
Fast Food Meal (McDonalds, etc)
$24.08 ISK 2,937
$11.92 MX$219
102.01%
Cappuccino
$6.19 ISK 755
$3.80 MX$69.9
62.89%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.15 ISK 384
$1.31 MX$24.08
140.46%
Water (0.33 liter bottle)
$2.99 ISK 365
$0.86 MX$15.72
247.67%
Local Beer (0.5 liter draught)
$12.47 ISK 1,521
$3.21 MX$59.0
288.47%
Imported Beer (0.33 liter bottle)
$12.50 ISK 1,524
$5.01 MX$92.0
149.50%
🛒 Groceries & Markets
Iceland
Playa del Carmen
Difference
Milk (1 liter)
$2.11 ISK 258
$1.46 MX$26.77
44.52%
White Bread (500g)
$4.09 ISK 499
$2.33 MX$42.72
75.54%
Rice (white) (1kg)
$3.45 ISK 421
$1.44 MX$26.48
139.58%
Eggs
$7.23 ISK 882
$2.46 MX$45.20
193.90%
Local Cheese (1kg)
$20.83 ISK 2,541
$7.70 MX$141
170.52%
Chicken Fillets (1kg)
$24.61 ISK 3,001
$7.89 MX$145
211.91%
Beef Round Steak (1kg)
$42.36 ISK 5,166
$12.80 MX$235
230.94%
Apples (1kg)
$3.17 ISK 387
$2.92 MX$53.6
8.56%
Banana (1kg)
$2.72 ISK 332
$1.42 MX$26.11
91.55%
Oranges (1kg)
$3.20 ISK 390
$2.57 MX$47.10
24.51%
Tomato (1kg)
$5.94 ISK 724
$2.14 MX$39.24
177.57%
Potato (1kg)
$3.96 ISK 483
$1.95 MX$35.75
103.08%
Onion (1kg)
$1.85 ISK 226
$1.94 MX$35.55
-4.64%
Lettuce (1 head)
$3.62 ISK 441
$1.15 MX$21.13
214.78%
Water (1.5 liter bottle)
$1.93 ISK 236
$1.22 MX$22.42
58.20%
Cigarettes 20 Pack (Marlboro, Camel)
$14.12 ISK 1,721
$4.38 MX$80.3
222.37%
Wine (Bottle)
$23.36 ISK 2,849
$9.85 MX$181
137.16%
Local Beer (0.5 liter bottle)
$3.72 ISK 454
$1.54 MX$28.23
141.56%
Imported Beer (0.33 liter bottle)
$3.25 ISK 396
$2.72 MX$49.86
19.49%
🚌 Getting Around
Iceland
Playa del Carmen
Difference
One-way Ticket (Public Transport)
$5.54 ISK 676
$0.52 MX$9.64
965.38%
Public Transport Monthly Pass (Regular Price)
$92.7 ISK 11.3K
$27.42 MX$503
238.04%
Taxi Start (Normal Tariff)
$6.87 ISK 838
$4.91 MX$90.2
39.92%
Taxi (Normal Tariff) (1km)
$2.90 ISK 354
$3.52 MX$64.7
-17.61%
Taxi 1hour Waiting (Normal Tariff)
$81.6 ISK 9,947
$5.69 MX$104
1333.39%
Gasoline (1 liter)
$2.36 ISK 288
$1.54 MX$28.27
53.25%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$50.2K ISK 6.1M
$21.2K MX$389.9K
136.49%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.5K ISK 6.5M
$24.5K MX$449.6K
118.64%
🧾 Monthly Utilities & Internet
Iceland
Playa del Carmen
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$96.5 ISK 11.8K
$83.6 MX$1,535
15.44%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$30.37 ISK 3,704
$24.03 MX$441
26.38%
Internet (50+ Mbps, Unlimited Data)
$88.0 ISK 10.7K
$29.33 MX$539
199.86%
🎉 Sport & Entertainment
Iceland
Playa del Carmen
Difference
Gym Membership (Monthly)
$89.8 ISK 11.0K
$64.9 MX$1,191
38.49%
Tennis Court (1 Hour on Weekend)
$50.7 ISK 6,183
$29.46 MX$541
72.10%
Cinema Ticket
$18.98 ISK 2,314
$5.09 MX$93.4
272.89%
🧸 Childcare & Education
Iceland
Playa del Carmen
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,053 ISK 128.4K
$208 MX$3,813
407.19%
International Primary School, 1 Child (Yearly)
$30.4K ISK 3.7M
$4,045 MX$74.3K
651.89%
👕👟 Clothing & Footwear
Iceland
Playa del Carmen
Difference
Jeans (Levis 501 Or Similar)
$154 ISK 18.8K
$44.55 MX$818
246.73%
Summer Dress (H&M, Zara, etc)
$48.13 ISK 5,869
$42.06 MX$772
14.43%
Sport Shoes (Adidas, Nike)
$175 ISK 21.4K
$75.5 MX$1,387
132.16%
Men's Leather Business Shoes
$231 ISK 28.2K
$91.4 MX$1,678
153.03%
🏠 Accommodation & Living
Iceland
Playa del Carmen
Difference
1-bedroom Apartment, City Center (Monthly)
$2,476 ISK 301.9K
$986 MX$18.1K
151.00%
1-bedroom Apartment, Outside City Center (Monthly)
$1,968 ISK 240.0K
$385 MX$7,072
410.94%
3-bedroom Apartment, City Center (Monthly)
$3,333 ISK 406.4K
$1,713 MX$31.5K
94.50%
3-bedroom Apartment, Outside City Center (Monthly)
$2,708 ISK 330.2K
$1,108 MX$20.4K
144.30%
Buy Apartment in City Center (m2)
$7,695 ISK 938.4K
$4,016 MX$73.7K
91.61%
Buy Apartment Outside City Center (m2)
$6,295 ISK 767.7K
$6,247 MX$114.7K
0.77%
💵 Salaries & Financials
Iceland
Playa del Carmen
Difference
Average Monthly Net Salary (After Tax)
$4,795 ISK 584.8K
$758 MX$13.9K
532.61%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.29
11.45
-18.86%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Iceland: October 3, 2026
Last update for Playa del Carmen: October 4, 2026
Monthly budget structure
Share of the monthly basket for one person, rent included.
Share of the monthly basket for a family of three, rent included.
Accommodation & Living
Iceland $2K 51.6%
Playa del Carmen $385 31.4% 80.4% $1.6K
Groceries & Markets
Iceland $617 16.2%
Playa del Carmen $260 21.2% 57.8% $357
Eating Out
Iceland $477 12.5%
Playa del Carmen $204 16.6% 57.3% $273
Clothing & Footwear
Iceland $274 7.2%
Playa del Carmen $114 9.3% 58.4% $160
Monthly Utilities & Internet
Iceland $215 5.6%
Playa del Carmen $137 11.2% 36.2% $78
Getting Around
Iceland $136 3.6%
Playa del Carmen $52 4.2% 61.8% $84
Sport & Entertainment
Iceland $128 3.4%
Playa del Carmen $75 6.1% 41.3% $53
Accommodation & Living
Iceland $2.7K 37.8%
Playa del Carmen $1.1K 36.5% 59.1% $1.6K
Groceries & Markets
Iceland $1.4K 20.1%
Playa del Carmen $602 19.8% 58.1% $834
Eating Out
Iceland $1.6K 22%
Playa del Carmen $631 20.8% 59.8% $941
Clothing & Footwear
Iceland $609 8.5%
Playa del Carmen $254 8.3% 58.4% $356
Monthly Utilities & Internet
Iceland $245 3.4%
Playa del Carmen $161 5.3% 34.3% $84
Getting Around
Iceland $284 4%
Playa del Carmen $105 3.5% 62.9% $178
Sport & Entertainment
Iceland $306 4.3%
Playa del Carmen $180 5.9% 41.4% $127
Good to know
🇮🇸 Iceland
🇲🇽 Playa del Carmen
Weather
Population
364,260
149,923
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Iceland Playa del Carmen 6,750 km ≈ 9 h nonstop flight
From you
- Iceland
- 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
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