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

🙂 Solo nomad: Mexico City is 53.5% cheaper than Hafnarfjordur without rent, and 60.5% cheaper with rent.
🙂 Family of 3: Mexico City is 57% cheaper than Hafnarfjordur without rent, and 52.3% cheaper with rent.
Currency
🍽 Eating Out
Mexico City
Hafnarfjordur
Difference
Meal at Budget Restaurant
$13.38 MX$253
$26.9 ISK 3,356
-50.26%
Three-Course Dinner for Two, Mid-Range
$52.7 MX$997
$144 ISK 18K
-63.42%
Fast Food Meal (McDonalds, etc)
$9.31 MX$176
$16.18 ISK 2,018
-42.46%
Cappuccino
$3.61 MX$68.3
$6.07 ISK 757
-40.53%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.64 MX$30.91
$3.25 ISK 406
-49.54%
Water (0.33 liter bottle)
$1.12 MX$21.14
$2.6 ISK 324
-56.92%
Local Beer (0.5 liter draught)
$3.26 MX$61.7
$12.95 ISK 1,616
-74.83%
Imported Beer (0.33 liter bottle)
$4.82 MX$91.1
$11.27 ISK 1,406
-57.23%
🛒 Groceries & Markets
Mexico City
Hafnarfjordur
Difference
Milk (1 liter)
$1.65 MX$31.24
$1.63 ISK 203
1.23%
White Bread (500g)
$2.74 MX$51.7
$4.17 ISK 520
-34.29%
Rice (white) (1kg)
$1.92 MX$36.28
$3.76 ISK 468
-48.94%
Eggs
$2.51 MX$47.53
$6.27 ISK 783
-59.97%
Local Cheese (1kg)
$9.89 MX$187
$17.98 ISK 2,243
-44.99%
Chicken Fillets (1kg)
$8.39 MX$159
$23.93 ISK 2,986
-64.94%
Beef Round Steak (1kg)
$11.95 MX$226
$42.77 ISK 5,336
-72.06%
Apples (1kg)
$2.87 MX$54.3
$3.31 ISK 414
-13.29%
Banana (1kg)
$1.74 MX$32.85
$2.45 ISK 305
-28.98%
Oranges (1kg)
$2 MX$37.81
$3.01 ISK 375
-33.55%
Tomato (1kg)
$2.07 MX$39.14
$5.09 ISK 635
-59.33%
Potato (1kg)
$2.05 MX$38.78
$3.69 ISK 460
-44.44%
Onion (1kg)
$2.18 MX$41.22
$2.37 ISK 295
-8.02%
Lettuce (1 head)
$1.38 MX$26.16
$3.04 ISK 379
-54.61%
Water (1.5 liter bottle)
$1.11 MX$21.06
$1.92 ISK 240
-42.19%
Cigarettes 20 Pack (Marlboro, Camel)
$4.16 MX$78.6
$13.9 ISK 1,734
-70.07%
Wine (Bottle)
$11.05 MX$209
$24.71 ISK 3,083
-55.28%
Local Beer (0.5 liter bottle)
$1.75 MX$33.16
$3.56 ISK 444
-50.84%
Imported Beer (0.33 liter bottle)
$3.7 MX$70
$3.19 ISK 397
15.99%
🚌 Getting Around
Mexico City
Hafnarfjordur
Difference
One-way Ticket (Public Transport)
$0.38 MX$7.25
$4.91 ISK 613
-92.26%
Public Transport Monthly Pass (Regular Price)
$18.97 MX$359
$85.1 ISK 10.6K
-77.71%
Taxi Start (Normal Tariff)
$1.36 MX$25.72
$6.16 ISK 769
-77.92%
Taxi (Normal Tariff) (1km)
$0.28 MX$5.25
$2.53 ISK 316
-88.93%
Taxi 1hour Waiting (Normal Tariff)
$5.3 MX$100
$84.9 ISK 10.6K
-93.76%
Gasoline (1 liter)
$1.36 MX$25.63
$2.54 ISK 317
-46.46%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.8K MX$354.6K
$46.9K ISK 5.9M
-60.04%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.4K MX$441.7K
$52.8K ISK 6.6M
-55.71%
🧾 Monthly Utilities & Internet
Mexico City
Hafnarfjordur
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$39.97 MX$756
$67.3 ISK 8,397
-40.62%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.48 MX$519
$27.38 ISK 3,416
0.37%
Internet (50+ Mbps, Unlimited Data)
$30.22 MX$571
$86 ISK 10.7K
-64.84%
🎉 Sport & Entertainment
Mexico City
Hafnarfjordur
Difference
Gym Membership (Monthly)
$52.6 MX$994
$64.2 ISK 8,014
-18.12%
Tennis Court (1 Hour on Weekend)
$26.84 MX$507
-
-
Cinema Ticket
$6.32 MX$120
$16.58 ISK 2,068
-61.88%
🧸 Childcare & Education
Mexico City
Hafnarfjordur
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$437 MX$8,258
$318 ISK 39.7K
37.37%
International Primary School, 1 Child (Yearly)
$10.6K MX$199.9K
$29.5K ISK 3.7M
-64.17%
👕👟 Clothing & Footwear
Mexico City
Hafnarfjordur
Difference
Jeans (Levis 501 Or Similar)
$57.2 MX$1,082
$122 ISK 15.2K
-53.12%
Summer Dress (H&M, Zara, etc)
$45.14 MX$853
$60.4 ISK 7,532
-25.24%
Sport Shoes (Adidas, Nike)
$102 MX$1,928
$119 ISK 14.8K
-14.10%
Men's Leather Business Shoes
$109 MX$2,056
$266 ISK 33.1K
-59.06%
🏠 Accommodation & Living
Mexico City
Hafnarfjordur
Difference
1-bedroom Apartment, City Center (Monthly)
$1,000 MX$18.9K
$2,450 ISK 305.7K
-59.21%
1-bedroom Apartment, Outside City Center (Monthly)
$622 MX$11.8K
$1,972 ISK 246K
-68.44%
3-bedroom Apartment, City Center (Monthly)
$2,160 MX$40.8K
$3,228 ISK 402.7K
-33.09%
3-bedroom Apartment, Outside City Center (Monthly)
$1,235 MX$23.3K
$2,556 ISK 318.8K
-51.68%
Buy Apartment in City Center (m2)
$3,566 MX$67.4K
$6,999 ISK 873.1K
-49.05%
Buy Apartment Outside City Center (m2)
$2,480 MX$46.9K
$6,881 ISK 858.4K
-63.96%
💵 Salaries & Financials
Mexico City
Hafnarfjordur
Difference
Average Monthly Net Salary (After Tax)
$867 MX$16.4K
$4,723 ISK 589.2K
-81.63%
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 Hafnarfjordur: October 29, 2025

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