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

🙂 Solo nomad: Mexico City is 15.5% cheaper than Akureyri without rent, and 50.4% cheaper with rent.

🙂 Family of 3: Mexico City is 15.2% cheaper than Akureyri without rent, and 32.7% cheaper with rent.

Meal at Budget Restaurant

$13.38 MX$253

$24.23 ISK 3,023

-44.78%

Three-Course Dinner for Two, Mid-Range

$52.7 MX$997

$126 ISK 15.8K

-58.31%

Fast Food Meal (McDonalds, etc)

$9.31 MX$176

$22 ISK 2,744

-57.68%

Cappuccino

$3.61 MX$68.3

$4.73 ISK 591

-23.68%

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

$1.64 MX$30.91

$3.43 ISK 428

-52.19%

Water (0.33 liter bottle)

$1.12 MX$21.14

$3.04 ISK 380

-63.16%

Local Beer (0.5 liter draught)

$3.26 MX$61.7

$10.74 ISK 1,339

-69.65%

Imported Beer (0.33 liter bottle)

$4.82 MX$91.1

$9.04 ISK 1,127

-46.68%

Milk (1 liter)

$1.65 MX$31.24

$2.84 ISK 354

-41.90%

White Bread (500g)

$2.74 MX$51.7

$2.32 ISK 289

18.10%

Rice (white) (1kg)

$1.92 MX$36.28

$3.03 ISK 377

-36.63%

Eggs

$2.51 MX$47.53

$8.18 ISK 1,021

-69.32%

Local Cheese (1kg)

$9.89 MX$187

Chicken Fillets (1kg)

$8.39 MX$159

$24.06 ISK 3,001

-65.13%

Beef Round Steak (1kg)

$11.95 MX$226

Apples (1kg)

$2.87 MX$54.3

Banana (1kg)

$1.74 MX$32.85

Oranges (1kg)

$2 MX$37.81

Tomato (1kg)

$2.07 MX$39.14

Potato (1kg)

$2.05 MX$38.78

Onion (1kg)

$2.18 MX$41.22

Lettuce (1 head)

$1.38 MX$26.16

Water (1.5 liter bottle)

$1.11 MX$21.06

Cigarettes 20 Pack (Marlboro, Camel)

$4.16 MX$78.6

$13.68 ISK 1,706

-69.59%

Wine (Bottle)

$11.05 MX$209

Local Beer (0.5 liter bottle)

$1.75 MX$33.16

Imported Beer (0.33 liter bottle)

$3.7 MX$70

One-way Ticket (Public Transport)

$0.38 MX$7.25

Public Transport Monthly Pass (Regular Price)

$18.97 MX$359

Taxi Start (Normal Tariff)

$1.36 MX$25.72

Taxi (Normal Tariff) (1km)

$0.28 MX$5.25

Taxi 1hour Waiting (Normal Tariff)

$5.3 MX$100

Gasoline (1 liter)

$1.36 MX$25.63

$2.51 ISK 313

-45.82%

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

$18.8K MX$354.6K

$40.6K ISK 5.1M

-53.77%

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

$23.4K MX$441.7K

$64.7K ISK 8.1M

-63.90%

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

$39.97 MX$756

$123 ISK 15.3K

-67.39%

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

$27.48 MX$519

$24.89 ISK 3,106

10.41%

Internet (50+ Mbps, Unlimited Data)

$30.22 MX$571

$162 ISK 20.2K

-81.34%

Gym Membership (Monthly)

$52.6 MX$994

$82.7 ISK 10.3K

-36.37%

Tennis Court (1 Hour on Weekend)

$26.84 MX$507

Cinema Ticket

$6.32 MX$120

$15.29 ISK 1,907

-58.67%

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

$437 MX$8,258

$360 ISK 44.9K

21.44%

International Primary School, 1 Child (Yearly)

$10.6K MX$199.9K

Jeans (Levis 501 Or Similar)

$57.2 MX$1,082

$80.8 ISK 10.1K

-29.19%

Summer Dress (H&M, Zara, etc)

$45.14 MX$853

Sport Shoes (Adidas, Nike)

$102 MX$1,928

$119 ISK 14.8K

-14.07%

Men's Leather Business Shoes

$109 MX$2,056

1-bedroom Apartment, City Center (Monthly)

$1,000 MX$18.9K

$1,794 ISK 223.9K

-44.30%

1-bedroom Apartment, Outside City Center (Monthly)

$622 MX$11.8K

$1,803 ISK 224.9K

-65.49%

3-bedroom Apartment, City Center (Monthly)

$2,160 MX$40.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,235 MX$23.3K

$2,140 ISK 266.9K

-42.28%

Buy Apartment in City Center (m2)

$3,566 MX$67.4K

$6,404 ISK 798.8K

-44.32%

Buy Apartment Outside City Center (m2)

$2,480 MX$46.9K

$6,379 ISK 795.8K

-61.12%

Average Monthly Net Salary (After Tax)

$867 MX$16.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.34

9.4

20.64%

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

Last update for Mexico City: October 28, 2025

Last update for Akureyri: October 27, 2025

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