Cost of Living Comparison Between Keflavik and Mexico City Cost of Living Comparison Between Keflavik and Mexico City

😐 Solo nomad: Keflavik is 105% more expensive than Mexico City without rent, and 95.4% more expensive with rent.

😐 Family of 3: Keflavik is 114.5% more expensive than Mexico City without rent, and 83% more expensive with rent.

Meal at Budget Restaurant

$23.80 ISK 2,998

$13.19 MX$233

80.44%

Three-Course Dinner for Two, Mid-Range

$143 ISK 18.0K

$53.5 MX$944

167.67%

Fast Food Meal (McDonalds, etc)

$20.37 ISK 2,565

$9.37 MX$165

117.40%

Cappuccino

$4.11 ISK 518

$3.75 MX$66.2

9.60%

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

$3.26 ISK 411

$1.57 MX$27.71

107.64%

Water (0.33 liter bottle)

$2.55 ISK 321

$1.11 MX$19.61

129.73%

Local Beer (0.5 liter draught)

$7.82 ISK 986

$3.12 MX$55.1

150.64%

Imported Beer (0.33 liter bottle)

$8.01 ISK 1,010

$4.81 MX$84.9

66.53%

Milk (1 liter)

$1.97 ISK 248

$1.65 MX$29.16

19.39%

White Bread (500g)

$4.35 ISK 548

$2.77 MX$48.87

57.04%

Rice (white) (1kg)

$2.39 ISK 301

$1.91 MX$33.67

25.13%

Eggs

$6.34 ISK 799

$2.60 MX$45.81

143.85%

Local Cheese (1kg)

$17.88 ISK 2,253

$10.21 MX$180

75.12%

Chicken Fillets (1kg)

$24.13 ISK 3,040

$8.46 MX$149

185.22%

Beef Round Steak (1kg)

$41.80 ISK 5,266

$11.60 MX$205

260.34%

Apples (1kg)

$2.46 ISK 310

$3.00 MX$52.9

-18.00%

Banana (1kg)

$2.39 ISK 301

$1.73 MX$30.49

38.15%

Oranges (1kg)

$2.48 ISK 312

$2.04 MX$36.05

21.57%

Tomato (1kg)

$3.94 ISK 497

$2.00 MX$35.34

97.00%

Potato (1kg)

$3.07 ISK 386

$2.15 MX$37.91

42.79%

Onion (1kg)

$2.12 ISK 267

$2.25 MX$39.71

-5.78%

Lettuce (1 head)

$3.19 ISK 401

$1.39 MX$24.57

129.50%

Water (1.5 liter bottle)

$1.95 ISK 245

$1.07 MX$18.88

82.24%

Cigarettes 20 Pack (Marlboro, Camel)

$13.57 ISK 1,709

$4.13 MX$73.0

228.57%

Wine (Bottle)

$15.59 ISK 1,964

$12.35 MX$218

26.23%

Local Beer (0.5 liter bottle)

$3.55 ISK 448

$1.70 MX$30.02

108.82%

Imported Beer (0.33 liter bottle)

$2.85 ISK 359

$3.56 MX$62.8

-19.94%

One-way Ticket (Public Transport)

$3.52 ISK 443

$0.36 MX$6.35

877.78%

Public Transport Monthly Pass (Regular Price)

$75.1 ISK 9,462

$18.70 MX$330

301.66%

Taxi Start (Normal Tariff)

$6.28 ISK 791

$1.36 MX$24.05

361.76%

Taxi (Normal Tariff) (1km)

$2.29 ISK 288

$0.28 MX$4.88

717.86%

Taxi 1hour Waiting (Normal Tariff)

$86.9 ISK 10.9K

$5.44 MX$96.0

1497.79%

Gasoline (1 liter)

$2.45 ISK 309

$1.34 MX$23.64

82.84%

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

$46.8K ISK 5.9M

$19.0K MX$335.5K

146.03%

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

$52.5K ISK 6.6M

$23.3K MX$411.1K

125.62%

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

$87.4 ISK 11.0K

$40.62 MX$717

115.04%

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

$27.11 ISK 3,415

$26.92 MX$475

0.71%

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.8K

$29.98 MX$529

186.69%

Gym Membership (Monthly)

$52.2 MX$922

Tennis Court (1 Hour on Weekend)

$25.91 MX$457

Cinema Ticket

$17.32 ISK 2,181

$6.39 MX$113

171.05%

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

$326 ISK 41.1K

$431 MX$7,603

-24.32%

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

$10.4K MX$184.0K

191.14%

Jeans (Levis 501 Or Similar)

$141 ISK 17.8K

$58.4 MX$1,031

141.99%

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,882

$44.65 MX$788

40.13%

Sport Shoes (Adidas, Nike)

$185 ISK 23.3K

$103 MX$1,823

78.74%

Men's Leather Business Shoes

$188 ISK 23.7K

$106 MX$1,876

77.30%

1-bedroom Apartment, City Center (Monthly)

$1,870 ISK 235.6K

$998 MX$17.6K

87.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,302 ISK 164.1K

$624 MX$11.0K

108.62%

3-bedroom Apartment, City Center (Monthly)

$2,438 ISK 307.1K

$2,108 MX$37.2K

15.66%

3-bedroom Apartment, Outside City Center (Monthly)

$2,042 ISK 257.2K

$1,231 MX$21.7K

65.84%

Buy Apartment in City Center (m2)

$3,647 MX$64.4K

Buy Apartment Outside City Center (m2)

$2,169 MX$38.3K

Average Monthly Net Salary (After Tax)

$3,649 ISK 459.7K

$1,044 MX$18.4K

249.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

11.34

-15.08%

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

Last update for Keflavik: January 11, 2026

Last update for Mexico City: 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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