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

🙂 Solo nomad: Mexico City is 13.4% cheaper than Akureyri without rent, and 49.5% cheaper with rent.

🙂 Family of 3: Mexico City is 33.6% cheaper than Akureyri without rent, and 34.6% cheaper with rent.

Meal at Budget Restaurant

$13.38 MX$237

$24.13 ISK 3,021

-44.55%

Three-Course Dinner for Two, Mid-Range

$52.3 MX$925

$129 ISK 16.2K

-59.59%

Fast Food Meal (McDonalds, etc)

$9.24 MX$163

$22.37 ISK 2,800

-58.69%

Cappuccino

$3.61 MX$63.8

$5.00 ISK 626

-27.80%

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

$1.61 MX$28.45

$3.41 ISK 427

-52.79%

Water (0.33 liter bottle)

$1.11 MX$19.66

$3.07 ISK 385

-63.84%

Local Beer (0.5 liter draught)

$3.15 MX$55.7

$10.92 ISK 1,368

-71.15%

Imported Beer (0.33 liter bottle)

$4.88 MX$86.4

$9.01 ISK 1,128

-45.84%

Milk (1 liter)

$1.70 MX$30.03

$2.82 ISK 354

-39.72%

White Bread (500g)

$2.70 MX$47.78

$2.36 ISK 296

14.41%

Rice (white) (1kg)

$1.96 MX$34.60

$3.04 ISK 381

-35.53%

Eggs

$2.61 MX$46.24

$7.85 ISK 983

-66.75%

Local Cheese (1kg)

$10.16 MX$180

Chicken Fillets (1kg)

$8.16 MX$144

$24.08 ISK 3,014

-66.11%

Beef Round Steak (1kg)

$11.74 MX$208

Apples (1kg)

$2.98 MX$52.8

Banana (1kg)

$1.81 MX$31.99

Oranges (1kg)

$1.99 MX$35.29

Tomato (1kg)

$1.99 MX$35.17

Potato (1kg)

$2.15 MX$38.06

Onion (1kg)

$2.20 MX$38.86

Lettuce (1 head)

$1.39 MX$24.59

Water (1.5 liter bottle)

$1.08 MX$19.14

Cigarettes 20 Pack (Marlboro, Camel)

$4.27 MX$75.5

$13.34 ISK 1,670

-67.99%

Wine (Bottle)

$13.99 MX$247

Local Beer (0.5 liter bottle)

$1.77 MX$31.27

Imported Beer (0.33 liter bottle)

$3.64 MX$64.4

One-way Ticket (Public Transport)

$0.39 MX$6.83

Public Transport Monthly Pass (Regular Price)

$18.98 MX$336

Taxi Start (Normal Tariff)

$1.33 MX$23.45

Taxi (Normal Tariff) (1km)

$0.30 MX$5.34

Taxi 1hour Waiting (Normal Tariff)

$5.44 MX$96.2

Gasoline (1 liter)

$1.30 MX$23.04

$2.46 ISK 308

-47.15%

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

$19.2K MX$340.3K

$40.6K ISK 5.1M

-52.57%

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

$23.6K MX$418.1K

$64.8K ISK 8.1M

-63.52%

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

$39.70 MX$702

$122 ISK 15.3K

-67.56%

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

$27.00 MX$478

$25.50 ISK 3,192

5.88%

Internet (50+ Mbps, Unlimited Data)

$29.61 MX$524

$160 ISK 20.1K

-81.53%

Gym Membership (Monthly)

$53.8 MX$951

$82.3 ISK 10.3K

-34.67%

Tennis Court (1 Hour on Weekend)

$26.36 MX$466

Cinema Ticket

$6.30 MX$111

$15.26 ISK 1,911

-58.72%

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

$427 MX$7,551

$358 ISK 44.8K

19.28%

International Primary School, 1 Child (Yearly)

$10.5K MX$185.7K

Jeans (Levis 501 Or Similar)

$58.5 MX$1,035

$81.5 ISK 10.2K

-28.22%

Summer Dress (H&M, Zara, etc)

$45.83 MX$811

Sport Shoes (Adidas, Nike)

$102 MX$1,807

$120 ISK 15.1K

-15.19%

Men's Leather Business Shoes

$105 MX$1,853

1-bedroom Apartment, City Center (Monthly)

$1,019 MX$18.0K

$1,740 ISK 217.8K

-41.43%

1-bedroom Apartment, Outside City Center (Monthly)

$630 MX$11.2K

$1,773 ISK 222.0K

-64.44%

3-bedroom Apartment, City Center (Monthly)

$2,131 MX$37.7K

3-bedroom Apartment, Outside City Center (Monthly)

$1,220 MX$21.6K

$2,127 ISK 266.3K

-42.66%

Buy Apartment in City Center (m2)

$3,613 MX$63.9K

$6,302 ISK 789.0K

-42.67%

Buy Apartment Outside City Center (m2)

$2,191 MX$38.8K

$6,447 ISK 807.1K

-66.02%

Average Monthly Net Salary (After Tax)

$1,087 MX$19.2K

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: March 8, 2026

Last update for Akureyri: March 9, 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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