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

🙂 Solo nomad: Mexico City is 44.4% cheaper than Akranes without rent, and 59.5% cheaper with rent.
🙂 Family of 3: Mexico City is 50.8% cheaper than Akranes without rent, and 58.2% cheaper with rent.
Currency
🍽 Eating Out
Mexico City
Akranes
Difference
Meal at Budget Restaurant
$13.38 MX$253
$26.45 ISK 3,299
-49.41%
Three-Course Dinner for Two, Mid-Range
$52.7 MX$997
$145 ISK 18.1K
-63.72%
Fast Food Meal (McDonalds, etc)
$9.31 MX$176
$22.1 ISK 2,757
-57.87%
Cappuccino
$3.61 MX$68.3
$6.13 ISK 765
-41.11%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.64 MX$30.91
$3.13 ISK 391
-47.60%
Water (0.33 liter bottle)
$1.12 MX$21.14
$2.44 ISK 304
-54.10%
Local Beer (0.5 liter draught)
$3.26 MX$61.7
$10.64 ISK 1,327
-69.36%
Imported Beer (0.33 liter bottle)
$4.82 MX$91.1
$8.11 ISK 1,011
-40.57%
🛒 Groceries & Markets
Mexico City
Akranes
Difference
Milk (1 liter)
$1.65 MX$31.24
$1.96 ISK 245
-15.82%
White Bread (500g)
$2.74 MX$51.7
$2.06 ISK 258
33.01%
Rice (white) (1kg)
$1.92 MX$36.28
$3.57 ISK 446
-46.22%
Eggs
$2.51 MX$47.53
$5.88 ISK 734
-57.31%
Local Cheese (1kg)
$9.89 MX$187
$18.07 ISK 2,254
-45.27%
Chicken Fillets (1kg)
$8.39 MX$159
$24.01 ISK 2,995
-65.06%
Beef Round Steak (1kg)
$11.95 MX$226
$41.8 ISK 5,214
-71.41%
Apples (1kg)
$2.87 MX$54.3
$3.35 ISK 418
-14.33%
Banana (1kg)
$1.74 MX$32.85
$2.4 ISK 299
-27.50%
Oranges (1kg)
$2 MX$37.81
$2.98 ISK 372
-32.89%
Tomato (1kg)
$2.07 MX$39.14
$4.74 ISK 591
-56.33%
Potato (1kg)
$2.05 MX$38.78
$3.64 ISK 455
-43.68%
Onion (1kg)
$2.18 MX$41.22
$2.44 ISK 304
-10.66%
Lettuce (1 head)
$1.38 MX$26.16
$3.18 ISK 397
-56.60%
Water (1.5 liter bottle)
$1.11 MX$21.06
$1.99 ISK 248
-44.22%
Cigarettes 20 Pack (Marlboro, Camel)
$4.16 MX$78.6
$13.65 ISK 1,702
-69.52%
Wine (Bottle)
$11.05 MX$209
$24.29 ISK 3,030
-54.51%
Local Beer (0.5 liter bottle)
$1.75 MX$33.16
$2.79 ISK 348
-37.28%
Imported Beer (0.33 liter bottle)
$3.7 MX$70
$1.96 ISK 245
88.78%
🚌 Getting Around
Mexico City
Akranes
Difference
One-way Ticket (Public Transport)
$0.38 MX$7.25
$3.65 ISK 455
-89.59%
Public Transport Monthly Pass (Regular Price)
$18.97 MX$359
$72.4 ISK 9,029
-73.79%
Taxi Start (Normal Tariff)
$1.36 MX$25.72
$6.2 ISK 773
-78.06%
Taxi (Normal Tariff) (1km)
$0.28 MX$5.25
$1.04 ISK 130
-73.08%
Taxi 1hour Waiting (Normal Tariff)
$5.3 MX$100
$87.1 ISK 10.9K
-93.91%
Gasoline (1 liter)
$1.36 MX$25.63
$2.51 ISK 314
-45.82%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.8K MX$354.6K
$46.9K ISK 5.8M
-59.97%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.4K MX$441.7K
$53K ISK 6.6M
-55.93%
🧾 Monthly Utilities & Internet
Mexico City
Akranes
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$39.97 MX$756
$88.8 ISK 11.1K
-54.99%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.48 MX$519
$27.52 ISK 3,433
-0.15%
Internet (50+ Mbps, Unlimited Data)
$30.22 MX$571
$86.4 ISK 10.8K
-65.02%
🎉 Sport & Entertainment
Mexico City
Akranes
Difference
Gym Membership (Monthly)
$52.6 MX$994
-
-
Tennis Court (1 Hour on Weekend)
$26.84 MX$507
-
-
Cinema Ticket
$6.32 MX$120
$17.51 ISK 2,184
-63.91%
🧸 Childcare & Education
Mexico City
Akranes
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$437 MX$8,258
$321 ISK 40.1K
35.97%
International Primary School, 1 Child (Yearly)
$10.6K MX$199.9K
$30.5K ISK 3.8M
-65.38%
👕👟 Clothing & Footwear
Mexico City
Akranes
Difference
Jeans (Levis 501 Or Similar)
$57.2 MX$1,082
$138 ISK 17.2K
-58.41%
Summer Dress (H&M, Zara, etc)
$45.14 MX$853
$62.6 ISK 7,805
-27.85%
Sport Shoes (Adidas, Nike)
$102 MX$1,928
$184 ISK 23K
-44.61%
Men's Leather Business Shoes
$109 MX$2,056
$264 ISK 32.9K
-58.77%
🏠 Accommodation & Living
Mexico City
Akranes
Difference
1-bedroom Apartment, City Center (Monthly)
$1,000 MX$18.9K
$2,925 ISK 364.9K
-65.83%
1-bedroom Apartment, Outside City Center (Monthly)
$622 MX$11.8K
$1,877 ISK 234.1K
-66.85%
3-bedroom Apartment, City Center (Monthly)
$2,160 MX$40.8K
$4,785 ISK 597K
-54.87%
3-bedroom Apartment, Outside City Center (Monthly)
$1,235 MX$23.3K
$3,552 ISK 443.2K
-65.24%
Buy Apartment in City Center (m2)
$3,566 MX$67.4K
-
-
Buy Apartment Outside City Center (m2)
$2,480 MX$46.9K
-
-
💵 Salaries & Financials
Mexico City
Akranes
Difference
Average Monthly Net Salary (After Tax)
$867 MX$16.4K
$5,630 ISK 702.4K
-84.59%
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: October 28, 2025

Last update for Akranes: October 29, 2025

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