Cost of Living Comparison Between Playa del Carmen and Egilsstadir Cost of Living Comparison Between Playa del Carmen and Egilsstadir

Monthly Cost of Living

Monthly costs for one person with rent: $1,256 in Playa del Carmen versus $606 in Egilsstadir.

Estimated couple costs with rent: $2,137 in Playa del Carmen versus $1,017 in Egilsstadir.

Monthly costs for a family of three with rent: $3,017 in Playa del Carmen versus $1,428 in Egilsstadir.

Living in Playa del Carmen is roughly 107% more expensive than in Egilsstadir, driven mainly by Groceries & Markets.

Both cities sit below the global median: Playa del Carmen 6% lower, Egilsstadir 55% lower.

Meal at Budget Restaurant

$11.99 MX$209

Three-Course Dinner for Two, Mid-Range

$41.78 MX$728

Fast Food Meal (McDonalds, etc)

$10.75 MX$187

Cappuccino

$3.50 MX$60.9

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

$1.45 MX$25.22

Water (0.33 liter bottle)

$0.88 MX$15.41

Local Beer (0.5 liter draught)

$2.95 MX$51.3

Imported Beer (0.33 liter bottle)

$4.51 MX$78.6

Milk (1 liter)

$1.43 MX$24.94

$1.65 ISK 205

-13.33%

White Bread (500g)

$1.84 MX$31.99

$2.82 ISK 351

-34.75%

Rice (white) (1kg)

$1.57 MX$27.31

$2.33 ISK 290

-32.62%

Eggs

$2.51 MX$43.74

$5.57 ISK 694

-54.94%

Local Cheese (1kg)

$8.28 MX$144

$21.66 ISK 2,699

-61.77%

Chicken Fillets (1kg)

$8.43 MX$147

$32.24 ISK 4,017

-73.85%

Beef Round Steak (1kg)

$10.68 MX$186

$42.36 ISK 5,279

-74.79%

Apples (1kg)

$2.61 MX$45.43

$2.67 ISK 332

-2.25%

Banana (1kg)

$1.44 MX$25.04

$2.43 ISK 303

-40.74%

Oranges (1kg)

$1.96 MX$34.16

$2.47 ISK 308

-20.65%

Tomato (1kg)

$2.09 MX$36.47

$3.64 ISK 454

-42.58%

Potato (1kg)

$1.85 MX$32.24

$4.41 ISK 549

-58.05%

Onion (1kg)

$2.17 MX$37.74

$2.11 ISK 264

2.84%

Lettuce (1 head)

$1.03 MX$17.96

$2.09 ISK 261

-50.72%

Water (1.5 liter bottle)

$1.07 MX$18.70

$2.23 ISK 277

-52.02%

Cigarettes 20 Pack (Marlboro, Camel)

$4.10 MX$71.4

Wine (Bottle)

$10.17 MX$177

$21.44 ISK 2,672

-52.57%

Local Beer (0.5 liter bottle)

$1.68 MX$29.17

$3.86 ISK 482

-56.48%

Imported Beer (0.33 liter bottle)

$2.53 MX$43.98

$3.39 ISK 422

-25.37%

One-way Ticket (Public Transport)

$0.51 MX$8.87

Public Transport Monthly Pass (Regular Price)

$26.04 MX$453

Taxi Start (Normal Tariff)

$3.23 MX$56.3

Taxi (Normal Tariff) (1km)

$2.41 MX$41.88

Taxi 1hour Waiting (Normal Tariff)

$3.23 MX$56.2

Gasoline (1 liter)

$1.32 MX$23.00

$2.54 ISK 316

-48.03%

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

$29.7K MX$517.1K

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

$23.7K MX$412.0K

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

$82.0 MX$1,428

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

$22.95 MX$400

Internet (50+ Mbps, Unlimited Data)

$30.11 MX$524

Gym Membership (Monthly)

$52.0 MX$905

Tennis Court (1 Hour on Weekend)

$18.53 MX$323

Cinema Ticket

$4.98 MX$86.6

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

$197 MX$3,438

International Primary School, 1 Child (Yearly)

$5,336 MX$92.9K

Jeans (Levis 501 Or Similar)

$35.60 MX$620

Summer Dress (H&M, Zara, etc)

$40.33 MX$702

Sport Shoes (Adidas, Nike)

$78.8 MX$1,371

Men's Leather Business Shoes

$88.9 MX$1,549

1-bedroom Apartment, City Center (Monthly)

$947 MX$16.5K

1-bedroom Apartment, Outside City Center (Monthly)

$474 MX$8,254

3-bedroom Apartment, City Center (Monthly)

$1,644 MX$28.6K

3-bedroom Apartment, Outside City Center (Monthly)

$1,211 MX$21.1K

Buy Apartment in City Center (m2)

$4,056 MX$70.6K

Buy Apartment Outside City Center (m2)

$6,470 MX$112.7K

Average Monthly Net Salary (After Tax)

$654 MX$11.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.42

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

Last update for Playa del Carmen: July 13, 2026

Last update for Egilsstadir: July 14, 2026

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

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

Egilsstadir is cheaper overall, especially in Eating Out, Clothing & Footwear, Sport & Entertainment, Monthly Utilities & Internet, Getting Around. The 107% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,884 in Playa del Carmen and $909 in Egilsstadir to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Shoppers in Playa del Carmen pay roughly 144% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,256 per month in Playa del Carmen versus $606 in Egilsstadir – a 107% gap that adds up to real savings over time for anyone picking the cheaper option.

At $606 in Egilsstadir versus $1,256 in Playa del Carmen, a $1,500 budget is realistic in Egilsstadir but tight or insufficient in Playa del Carmen. The gap between the two cities makes Egilsstadir the clear choice for anyone on this budget.

For families, Egilsstadir is more practical. Housing and childcare are both notably cheaper than in Playa del Carmen, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Playa del Carmen and Egilsstadir are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Egilsstadir gentler on the wallet – expenses run 107% less than in Playa del Carmen. Beyond cost, consider language, visa policies, and how big the international community is in each city.