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: $1,297 in Playa del Carmen versus $610 in Egilsstadir.

Estimated couple costs with rent: $2,181 in Playa del Carmen versus $998 in Egilsstadir.

Monthly costs for a family of three with rent: $3,065 in Playa del Carmen versus $1,385 in Egilsstadir.

Living in Playa del Carmen is roughly 112% more expensive than Egilsstadir, driven mainly by Groceries & Markets.

Both cities sit below the global median: Playa del Carmen 3% lower, Egilsstadir 54% lower.

Meal at Budget Restaurant

$11.73 MX$203

Three-Course Dinner for Two, Mid-Range

$41.62 MX$721

Fast Food Meal (McDonalds, etc)

$10.64 MX$184

Cappuccino

$3.52 MX$61.0

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

$1.51 MX$26.17

Water (0.33 liter bottle)

$0.97 MX$16.87

Local Beer (0.5 liter draught)

$2.95 MX$51.1

Imported Beer (0.33 liter bottle)

$4.45 MX$77.2

Milk (1 liter)

$1.38 MX$23.97

$1.70 ISK 210

-18.82%

White Bread (500g)

$1.89 MX$32.78

$2.81 ISK 346

-32.74%

Rice (white) (1kg)

$1.64 MX$28.37

$2.35 ISK 290

-30.21%

Eggs

$2.51 MX$43.42

$5.69 ISK 701

-55.89%

Local Cheese (1kg)

$8.34 MX$145

$21.65 ISK 2,666

-61.48%

Chicken Fillets (1kg)

$8.34 MX$145

$31.15 ISK 3,836

-73.23%

Beef Round Steak (1kg)

$10.73 MX$186

$43.53 ISK 5,361

-75.35%

Apples (1kg)

$2.60 MX$45.12

$2.61 ISK 322

-0.38%

Banana (1kg)

$1.46 MX$25.25

$2.47 ISK 305

-40.89%

Oranges (1kg)

$1.90 MX$32.94

$2.42 ISK 298

-21.49%

Tomato (1kg)

$2.08 MX$35.98

$3.73 ISK 460

-44.24%

Potato (1kg)

$1.78 MX$30.77

$4.45 ISK 548

-60.00%

Onion (1kg)

$2.19 MX$37.87

$2.08 ISK 256

5.29%

Lettuce (1 head)

$1.04 MX$18.02

$2.16 ISK 266

-51.85%

Water (1.5 liter bottle)

$1.08 MX$18.66

$2.22 ISK 274

-51.35%

Cigarettes 20 Pack (Marlboro, Camel)

$4.08 MX$70.7

Wine (Bottle)

$10.32 MX$179

$21.56 ISK 2,655

-52.13%

Local Beer (0.5 liter bottle)

$1.71 MX$29.67

$3.82 ISK 470

-55.24%

Imported Beer (0.33 liter bottle)

$2.58 MX$44.63

$3.28 ISK 405

-21.34%

One-way Ticket (Public Transport)

$0.51 MX$8.83

Public Transport Monthly Pass (Regular Price)

$26.46 MX$459

Taxi Start (Normal Tariff)

$3.26 MX$56.5

Taxi (Normal Tariff) (1km)

$2.49 MX$43.17

Taxi 1hour Waiting (Normal Tariff)

$3.25 MX$56.3

Gasoline (1 liter)

$1.31 MX$22.65

$2.56 ISK 316

-48.83%

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

$30.3K MX$524.7K

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

$23.4K MX$406.0K

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

$82.9 MX$1,436

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

$22.22 MX$385

Internet (50+ Mbps, Unlimited Data)

$29.34 MX$508

Gym Membership (Monthly)

$51.6 MX$895

Tennis Court (1 Hour on Weekend)

$18.32 MX$317

Cinema Ticket

$5.07 MX$87.8

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

$201 MX$3,480

International Primary School, 1 Child (Yearly)

$5,212 MX$90.3K

Jeans (Levis 501 Or Similar)

$36.92 MX$640

Summer Dress (H&M, Zara, etc)

$39.79 MX$689

Sport Shoes (Adidas, Nike)

$78.5 MX$1,360

Men's Leather Business Shoes

$87.1 MX$1,509

1-bedroom Apartment, City Center (Monthly)

$973 MX$16.9K

1-bedroom Apartment, Outside City Center (Monthly)

$468 MX$8,105

3-bedroom Apartment, City Center (Monthly)

$1,641 MX$28.4K

3-bedroom Apartment, Outside City Center (Monthly)

$1,221 MX$21.2K

Buy Apartment in City Center (m2)

$3,946 MX$68.4K

Buy Apartment Outside City Center (m2)

$6,498 MX$112.6K

Average Monthly Net Salary (After Tax)

$664 MX$11.5K

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: June 2, 2026

Last update for Egilsstadir: May 31, 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 112% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,945 in Playa del Carmen and $915 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 143% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,297 per month in Playa del Carmen versus $610 in Egilsstadir – a 112% gap that adds up to real savings over time for anyone picking the cheaper option.

At $610 in Egilsstadir versus $1,297 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 112% less than in Playa del Carmen. Beyond cost, consider language, visa policies, and how big the international community is in each city.