Last update: Nov 2026

Cost of Living Comparison Between Njardvik and Playa del Carmen

For one person, living is cheaper in Playa del Carmen: $1,202 a month against $3,133 in Njardvik, rent and utilities included – about $23,200 less a year. Rent and utilities account for most of the difference.

151

Cost of Living Index in Njardvik
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Njardvik Living Index
57

Cost of Living Index in Playa del Carmen
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Playa del Carmen Living Index

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Njardvik

🇮🇸 Iceland

$3,133

/mo nomad

Playa del Carmen

🇲🇽 Mexico

$1,202

/mo nomad

Monthly Cost of Living

How much you'll spend in Njardvik and in Playa del Carmen

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Njardvik and in Playa del Carmen actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,133 in Njardvik versus $1,202 in Playa del Carmen.

Njardvik $3,133
Playa del Carmen $1,202

Estimated couple costs with rent: $4,864 in Njardvik versus $2,082 in Playa del Carmen.

Njardvik $4,864
Playa del Carmen $2,082

Monthly costs for a family of three with rent: $6,596 in Njardvik versus $2,962 in Playa del Carmen.

Njardvik $6,596
Playa del Carmen $2,962

Living in Njardvik is roughly 161% more expensive than in Playa del Carmen, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Njardvik is 132% above, Playa del Carmen is 11% below.

Meal at Budget Restaurant

$24.20 ISK 2,940

$10.67 MX$199

126.80%

Three-Course Dinner for Two, Mid-Range

$98.4 ISK 12.0K

$43.80 MX$815

124.59%

Fast Food Meal (McDonalds, etc)

$16.27 ISK 1,977

$11.79 MX$219

38.00%

Cappuccino

$6.46 ISK 784

$3.79 MX$70.5

70.45%

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

$1.61 ISK 195

$1.30 MX$24.14

23.85%

Water (0.33 liter bottle)

$2.41 ISK 292

$0.83 MX$15.51

190.36%

Local Beer (0.5 liter draught)

$10.53 ISK 1,280

$3.15 MX$58.6

234.29%

Imported Beer (0.33 liter bottle)

$12.43 ISK 1,510

$4.93 MX$91.8

152.13%

Milk (1 liter)

$2.12 ISK 258

$1.41 MX$26.22

50.35%

White Bread (500g)

$4.24 ISK 515

$2.20 MX$40.86

92.73%

Rice (white) (1kg)

$3.64 ISK 443

$1.47 MX$27.40

147.62%

Eggs

$7.20 ISK 875

$2.50 MX$46.47

188.00%

Local Cheese (1kg)

$21.85 ISK 2,655

$7.29 MX$136

199.73%

Chicken Fillets (1kg)

$24.79 ISK 3,012

$7.95 MX$148

211.82%

Beef Round Steak (1kg)

$41.37 ISK 5,027

$12.86 MX$239

221.70%

Apples (1kg)

$3.40 ISK 413

$2.90 MX$53.9

17.24%

Banana (1kg)

$2.85 ISK 347

$1.38 MX$25.74

106.52%

Oranges (1kg)

$3.13 ISK 381

$2.49 MX$46.36

25.70%

Tomato (1kg)

$6.54 ISK 795

$2.03 MX$37.78

222.17%

Potato (1kg)

$3.95 ISK 480

$2.02 MX$37.69

95.54%

Onion (1kg)

$1.68 ISK 205

$1.90 MX$35.42

-11.58%

Lettuce (1 head)

$3.75 ISK 456

$1.14 MX$21.30

228.95%

Water (1.5 liter bottle)

$1.84 ISK 224

$1.24 MX$23.06

48.39%

Cigarettes 20 Pack (Marlboro, Camel)

$13.70 ISK 1,665

$4.27 MX$79.5

220.84%

Wine (Bottle)

$23.83 ISK 2,896

$9.81 MX$183

142.92%

Local Beer (0.5 liter bottle)

$3.61 ISK 439

$1.59 MX$29.51

127.04%

Imported Beer (0.33 liter bottle)

$3.35 ISK 407

$2.75 MX$51.1

21.82%

One-way Ticket (Public Transport)

$0.51 MX$9.58

Public Transport Monthly Pass (Regular Price)

$27.39 MX$510

Taxi Start (Normal Tariff)

$6.57 ISK 799

$4.76 MX$88.6

38.03%

Taxi (Normal Tariff) (1km)

$2.87 ISK 349

$3.25 MX$60.5

-11.69%

Taxi 1hour Waiting (Normal Tariff)

$81.0 ISK 9,846

$5.39 MX$100

1403.53%

Gasoline (1 liter)

$2.05 ISK 249

$1.53 MX$28.44

33.99%

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

$67.8K ISK 8.2M

$21.2K MX$394.8K

219.44%

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

$56.3K ISK 6.8M

$23.3K MX$432.9K

141.89%

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

$96.1 ISK 11.7K

$83.5 MX$1,554

15.09%

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

$32.14 ISK 3,905

$23.19 MX$431

38.59%

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.4K

$27.61 MX$514

209.16%

Gym Membership (Monthly)

$80.6 ISK 9,793

$56.4 MX$1,050

42.83%

Tennis Court (1 Hour on Weekend)

$28.19 MX$525

Cinema Ticket

$19.99 ISK 2,429

$5.00 MX$93.1

299.80%

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

$1,198 ISK 145.5K

$207 MX$3,854

478.29%

International Primary School, 1 Child (Yearly)

$26.0K ISK 3.2M

$5,231 MX$97.4K

397.51%

Jeans (Levis 501 Or Similar)

$122 ISK 14.8K

$43.45 MX$809

179.86%

Summer Dress (H&M, Zara, etc)

$66.7 ISK 8,106

$42.54 MX$792

56.84%

Sport Shoes (Adidas, Nike)

$183 ISK 22.2K

$72.8 MX$1,354

151.51%

Men's Leather Business Shoes

$247 ISK 30.0K

$88.4 MX$1,645

179.44%

1-bedroom Apartment, City Center (Monthly)

$995 MX$18.5K

1-bedroom Apartment, Outside City Center (Monthly)

$1,462 ISK 177.6K

$382 MX$7,116

282.27%

3-bedroom Apartment, City Center (Monthly)

$1,674 MX$31.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,674 ISK 324.9K

$1,081 MX$20.1K

147.50%

Buy Apartment in City Center (m2)

$3,909 MX$72.7K

Buy Apartment Outside City Center (m2)

$6,138 MX$114.2K

Average Monthly Net Salary (After Tax)

$4,080 ISK 495.7K

$832 MX$15.5K

390.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

11.45

-23.06%

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

Last update for Njardvik: November 1, 2026

Last update for Playa del Carmen: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Njardvik

$1.5K 46.7%

Playa del Carmen

$382 31.8% 73.8% $1.1K

Groceries & Markets

Njardvik

$625 19.9%

Playa del Carmen

$257 21.4% 58.8% $367

Eating Out

Njardvik

$413 13.2%

Playa del Carmen

$200 16.7% 51.6% $213

Clothing & Footwear

Njardvik

$278 8.9%

Playa del Carmen

$111 9.3% 60% $167

Monthly Utilities & Internet

Njardvik

$214 6.8%

Playa del Carmen

$134 11.2% 37.1% $79

Sport & Entertainment

Njardvik

$121 3.9%

Playa del Carmen

$66 5.5% 44.9% $54

Getting Around

Njardvik

$21 * 0.7%

Playa del Carmen

$50 4.2% 141% $30

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Njardvik pays about 4.9 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $98 in Njardvik vs $44 in Playa del Carmen for a mid-range dinner for two. Groceries echo the gap at $625 vs $257 per month, with Playa del Carmen cheaper across the board.

Good to know

🇮🇸 Njardvik

🇲🇽 Playa del Carmen

🕒 Local time

23:30 11:30 PM

18:30 6:30 PM

5 h behind Njardvik

🌤 Weather

👥 Population

6,000

149,923

💱 Currency

Icelandic Króna ISK kr

Mexican Peso MXN $

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.31 EUR

100 MXN = 5.37 USD

100 MXN = 4.77 EUR

Exchange rates and currency converter

MXN, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of November 4, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

Mexican Peso exchange rates as of November 4, 2026: 1 USD = 18.61 MXN (100 MXN = 5.37 USD). 1 EUR = 20.95 MXN (100 MXN = 4.77 EUR).

USD to ISK in detail →

On the map

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Between locations

Njardvik Playa del Carmen 6,720 km ≈ 9 h nonstop flight

From you

Njardvik
Playa del Carmen

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Njardvik vs Playa del Carmen: Cost of Living - Frequently Asked Questions

Playa del Carmen is about 62% cheaper overall, especially in groceries, eating out, and clothing. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Njardvik is about 4.9 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Supermarket bills run roughly 143% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $3,133 per month in Njardvik versus $1,202 in Playa del Carmen – Playa del Carmen is about 62% cheaper, which adds up to real savings over time.

At $1,202 in Playa del Carmen versus $3,133 in Njardvik, a $1,500 budget is realistic in Playa del Carmen but tight or insufficient in Njardvik. The gap between the two cities makes Playa del Carmen the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Playa del Carmen wins on affordability, Njardvik on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.