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

🙂 Solo nomad: Mexico City is 28.9% cheaper than Akureyri without rent, and 49.7% cheaper with rent.

🙂 Family of 3: Mexico City is 17.8% cheaper than Akureyri without rent, and 33.9% cheaper with rent.

Meal at Budget Restaurant

$13.19 MX$233

$23.74 ISK 2,990

-44.44%

Three-Course Dinner for Two, Mid-Range

$53.5 MX$944

$131 ISK 16.5K

-59.04%

Fast Food Meal (McDonalds, etc)

$9.37 MX$165

$22.36 ISK 2,816

-58.09%

Cappuccino

$3.75 MX$66.2

$4.82 ISK 607

-22.20%

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

$1.57 MX$27.71

$3.44 ISK 434

-54.36%

Water (0.33 liter bottle)

$1.11 MX$19.61

$3.05 ISK 385

-63.61%

Local Beer (0.5 liter draught)

$3.12 MX$55.1

$11.05 ISK 1,391

-71.76%

Imported Beer (0.33 liter bottle)

$4.81 MX$84.9

$9.27 ISK 1,168

-48.11%

Milk (1 liter)

$1.65 MX$29.16

$2.73 ISK 344

-39.56%

White Bread (500g)

$2.77 MX$48.87

$2.23 ISK 281

24.22%

Rice (white) (1kg)

$1.91 MX$33.67

$3.06 ISK 386

-37.58%

Eggs

$2.60 MX$45.81

$8.24 ISK 1,038

-68.45%

Local Cheese (1kg)

$10.21 MX$180

Chicken Fillets (1kg)

$8.46 MX$149

$24.39 ISK 3,072

-65.31%

Beef Round Steak (1kg)

$11.60 MX$205

Apples (1kg)

$3.00 MX$52.9

Banana (1kg)

$1.73 MX$30.49

Oranges (1kg)

$2.04 MX$36.05

Tomato (1kg)

$2.00 MX$35.34

Potato (1kg)

$2.15 MX$37.91

Onion (1kg)

$2.25 MX$39.71

Lettuce (1 head)

$1.39 MX$24.57

Water (1.5 liter bottle)

$1.07 MX$18.88

Cigarettes 20 Pack (Marlboro, Camel)

$4.13 MX$73.0

$13.34 ISK 1,680

-69.04%

Wine (Bottle)

$12.35 MX$218

Local Beer (0.5 liter bottle)

$1.70 MX$30.02

Imported Beer (0.33 liter bottle)

$3.56 MX$62.8

One-way Ticket (Public Transport)

$0.36 MX$6.35

Public Transport Monthly Pass (Regular Price)

$18.70 MX$330

Taxi Start (Normal Tariff)

$1.36 MX$24.05

Taxi (Normal Tariff) (1km)

$0.28 MX$4.88

Taxi 1hour Waiting (Normal Tariff)

$5.44 MX$96.0

Gasoline (1 liter)

$1.34 MX$23.64

$2.45 ISK 308

-45.31%

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

$19.0K MX$335.5K

$39.6K ISK 5.0M

-52.03%

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

$23.3K MX$411.1K

$63.2K ISK 8.0M

-63.16%

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

$40.62 MX$717

$120 ISK 15.1K

-66.16%

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

$26.92 MX$475

$25.23 ISK 3,177

6.70%

Internet (50+ Mbps, Unlimited Data)

$29.98 MX$529

$162 ISK 20.3K

-81.44%

Gym Membership (Monthly)

$52.2 MX$922

$82.8 ISK 10.4K

-36.91%

Tennis Court (1 Hour on Weekend)

$25.91 MX$457

Cinema Ticket

$6.39 MX$113

$15.34 ISK 1,932

-58.34%

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

$431 MX$7,603

$355 ISK 44.7K

21.42%

International Primary School, 1 Child (Yearly)

$10.4K MX$184.0K

Jeans (Levis 501 Or Similar)

$58.4 MX$1,031

$81.7 ISK 10.3K

-28.52%

Summer Dress (H&M, Zara, etc)

$44.65 MX$788

Sport Shoes (Adidas, Nike)

$103 MX$1,823

$122 ISK 15.4K

-15.53%

Men's Leather Business Shoes

$106 MX$1,876

1-bedroom Apartment, City Center (Monthly)

$998 MX$17.6K

$1,740 ISK 219.1K

-42.65%

1-bedroom Apartment, Outside City Center (Monthly)

$624 MX$11.0K

$1,753 ISK 220.8K

-64.38%

3-bedroom Apartment, City Center (Monthly)

$2,108 MX$37.2K

3-bedroom Apartment, Outside City Center (Monthly)

$1,231 MX$21.7K

$2,121 ISK 267.1K

-41.93%

Buy Apartment in City Center (m2)

$3,647 MX$64.4K

$6,473 ISK 815.3K

-43.66%

Buy Apartment Outside City Center (m2)

$2,169 MX$38.3K

$6,305 ISK 794.2K

-65.60%

Average Monthly Net Salary (After Tax)

$1,044 MX$18.4K

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: January 13, 2026

Last update for Akureyri: January 12, 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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