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

🙂 Solo nomad: Mexico City is 52.7% cheaper than Akranes without rent, and 58.3% cheaper with rent.
🙂 Family of 3: Mexico City is 57.2% cheaper than Akranes without rent, and 59.3% cheaper with rent.
Currency
🍽 Eating Out
Mexico City
Akranes
Difference
Meal at Budget Restaurant
$13.12 MX$235
$27.06 ISK 3,386
-51.52%
Three-Course Dinner for Two, Mid-Range
$53.8 MX$963
$144 ISK 18.0K
-62.69%
Fast Food Meal (McDonalds, etc)
$9.40 MX$168
$22.09 ISK 2,764
-57.45%
Cappuccino
$3.56 MX$63.8
$5.98 ISK 748
-40.47%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.60 MX$28.69
$3.12 ISK 390
-48.72%
Water (0.33 liter bottle)
$1.15 MX$20.67
$2.43 ISK 304
-52.67%
Local Beer (0.5 liter draught)
$3.16 MX$56.5
$10.49 ISK 1,313
-69.88%
Imported Beer (0.33 liter bottle)
$4.85 MX$86.7
$7.95 ISK 995
-38.99%
🛒 Groceries & Markets
Mexico City
Akranes
Difference
Milk (1 liter)
$1.63 MX$29.25
$1.95 ISK 244
-16.41%
White Bread (500g)
$2.73 MX$48.94
$2.00 ISK 250
36.50%
Rice (white) (1kg)
$1.88 MX$33.63
$3.56 ISK 445
-47.19%
Eggs
$2.63 MX$47.10
$5.90 ISK 739
-55.42%
Local Cheese (1kg)
$9.89 MX$177
$18.35 ISK 2,297
-46.10%
Chicken Fillets (1kg)
$8.40 MX$150
$24.33 ISK 3,045
-65.47%
Beef Round Steak (1kg)
$11.63 MX$208
$41.63 ISK 5,210
-72.06%
Apples (1kg)
$2.97 MX$53.2
$3.22 ISK 403
-7.76%
Banana (1kg)
$1.78 MX$31.94
$2.43 ISK 305
-26.75%
Oranges (1kg)
$2.06 MX$36.79
$2.96 ISK 370
-30.41%
Tomato (1kg)
$1.97 MX$35.35
$4.85 ISK 607
-59.38%
Potato (1kg)
$2.09 MX$37.34
$3.52 ISK 440
-40.63%
Onion (1kg)
$2.26 MX$40.44
$2.33 ISK 291
-3.00%
Lettuce (1 head)
$1.46 MX$26.10
$3.06 ISK 383
-52.29%
Water (1.5 liter bottle)
$1.09 MX$19.51
$1.95 ISK 244
-44.10%
Cigarettes 20 Pack (Marlboro, Camel)
$4.34 MX$77.7
$13.41 ISK 1,678
-67.64%
Wine (Bottle)
$13.62 MX$244
$23.60 ISK 2,954
-42.29%
Local Beer (0.5 liter bottle)
$1.67 MX$29.96
$2.84 ISK 355
-41.20%
Imported Beer (0.33 liter bottle)
$3.54 MX$63.4
$2.04 ISK 256
73.53%
🚌 Getting Around
Mexico City
Akranes
Difference
One-way Ticket (Public Transport)
$0.36 MX$6.44
$3.51 ISK 440
-89.74%
Public Transport Monthly Pass (Regular Price)
$18.96 MX$339
$72.0 ISK 9,015
-73.68%
Taxi Start (Normal Tariff)
$1.32 MX$23.69
$6.50 ISK 813
-79.69%
Taxi (Normal Tariff) (1km)
$0.30 MX$5.39
$1.04 ISK 130
-71.15%
Taxi 1hour Waiting (Normal Tariff)
$5.49 MX$98.2
$86.8 ISK 10.9K
-93.67%
Gasoline (1 liter)
$1.34 MX$23.93
$2.55 ISK 319
-47.45%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.1K MX$342.2K
$46.9K ISK 5.9M
-59.23%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.8K MX$425.4K
$52.4K ISK 6.6M
-54.69%
🧾 Monthly Utilities & Internet
Mexico City
Akranes
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$41.11 MX$736
$89.3 ISK 11.2K
-53.96%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.78 MX$497
$27.35 ISK 3,422
1.57%
Internet (50+ Mbps, Unlimited Data)
$30.00 MX$537
$85.2 ISK 10.7K
-64.80%
🎉 Sport & Entertainment
Mexico City
Akranes
Difference
Gym Membership (Monthly)
$53.5 MX$958
-
-
Tennis Court (1 Hour on Weekend)
$26.13 MX$468
-
-
Cinema Ticket
$6.28 MX$112
$17.78 ISK 2,225
-64.68%
🧸 Childcare & Education
Mexico City
Akranes
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$439 MX$7,865
$321 ISK 40.1K
37.07%
International Primary School, 1 Child (Yearly)
$10.7K MX$192.3K
$29.6K ISK 3.7M
-63.73%
👕👟 Clothing & Footwear
Mexico City
Akranes
Difference
Jeans (Levis 501 Or Similar)
$57.1 MX$1,022
$141 ISK 17.7K
-59.53%
Summer Dress (H&M, Zara, etc)
$45.30 MX$811
$61.2 ISK 7,652
-25.92%
Sport Shoes (Adidas, Nike)
$104 MX$1,866
$180 ISK 22.5K
-41.97%
Men's Leather Business Shoes
$108 MX$1,938
$267 ISK 33.5K
-59.51%
🏠 Accommodation & Living
Mexico City
Akranes
Difference
1-bedroom Apartment, City Center (Monthly)
$996 MX$17.8K
$3,016 ISK 377.5K
-66.97%
1-bedroom Apartment, Outside City Center (Monthly)
$624 MX$11.2K
$1,896 ISK 237.2K
-67.09%
3-bedroom Apartment, City Center (Monthly)
$2,106 MX$37.7K
$4,768 ISK 596.6K
-55.82%
3-bedroom Apartment, Outside City Center (Monthly)
$1,218 MX$21.8K
$3,568 ISK 446.5K
-65.85%
Buy Apartment in City Center (m2)
$3,799 MX$68.0K
-
-
Buy Apartment Outside City Center (m2)
$2,230 MX$39.9K
-
-
💵 Salaries & Financials
Mexico City
Akranes
Difference
Average Monthly Net Salary (After Tax)
$1,096 MX$19.6K
$5,728 ISK 716.8K
-80.86%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.34
9.63
17.76%

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

Last update for Mexico City: March 1, 2026

Last update for Akranes: March 1, 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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