Last update: Nov 2026

Cost of Living Comparison Between Playa del Carmen and Hverageroi

For one person, living is cheaper in Playa del Carmen: $1,202 a month against $1,719 in Hverageroi, rent and utilities included – about $6,200 less a year. The total is higher in Hverageroi despite lower rent and utilities.

57

Cost of Living Index in Playa del Carmen
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Playa del Carmen Living Index
82

Cost of Living Index in Hverageroi
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Hverageroi Living Index

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Playa del Carmen

🇲🇽 Mexico

$1,202

/mo nomad

Hverageroi

🇮🇸 Iceland

$1,719

/mo nomad

Monthly Cost of Living

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

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

A single person spends $1,202 per month in Playa del Carmen vs $1,719 in Hverageroi, rent included.

Playa del Carmen $1,202
Hverageroi $1,719

A couple spends around $2,082 per month in Playa del Carmen vs $2,927 in Hverageroi, rent included.

Playa del Carmen $2,082
Hverageroi $2,927

A family of three spends $2,962 per month in Playa del Carmen vs $4,135 in Hverageroi, rent included.

Playa del Carmen $2,962
Hverageroi $4,135

Playa del Carmen is about 30% cheaper than Hverageroi, and outside of rent the biggest gap is in groceries.

Playa del Carmen sits 11% below the global median, while Hverageroi is 27% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.67 MX$201

$31.27 ISK 3,799

-65.88%

Three-Course Dinner for Two, Mid-Range

$43.80 MX$824

$124 ISK 15.1K

-64.71%

Fast Food Meal (McDonalds, etc)

$11.79 MX$222

$27.50 ISK 3,341

-57.13%

Cappuccino

$3.79 MX$71.2

$6.74 ISK 819

-43.77%

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

$1.30 MX$24.41

$3.37 ISK 409

-61.42%

Water (0.33 liter bottle)

$0.83 MX$15.69

$3.15 ISK 383

-73.65%

Local Beer (0.5 liter draught)

$3.15 MX$59.2

$14.10 ISK 1,713

-77.66%

Imported Beer (0.33 liter bottle)

$4.93 MX$92.9

$12.30 ISK 1,495

-59.92%

Milk (1 liter)

$1.41 MX$26.51

$2.02 ISK 246

-30.20%

White Bread (500g)

$2.20 MX$41.32

$4.28 ISK 520

-48.60%

Rice (white) (1kg)

$1.47 MX$27.71

$3.65 ISK 444

-59.73%

Eggs

$2.50 MX$46.99

$6.90 ISK 838

-63.77%

Local Cheese (1kg)

$7.29 MX$137

$21.93 ISK 2,665

-66.76%

Chicken Fillets (1kg)

$7.95 MX$150

$23.98 ISK 2,914

-66.85%

Beef Round Steak (1kg)

$12.86 MX$242

$41.79 ISK 5,077

-69.23%

Apples (1kg)

$2.90 MX$54.5

$3.36 ISK 408

-13.69%

Banana (1kg)

$1.38 MX$26.03

$2.76 ISK 335

-50.00%

Oranges (1kg)

$2.49 MX$46.88

$3.18 ISK 387

-21.70%

Tomato (1kg)

$2.03 MX$38.20

$6.38 ISK 775

-68.18%

Potato (1kg)

$2.02 MX$38.11

$3.91 ISK 475

-48.34%

Onion (1kg)

$1.90 MX$35.82

$1.70 ISK 207

11.76%

Lettuce (1 head)

$1.14 MX$21.54

$3.62 ISK 440

-68.51%

Water (1.5 liter bottle)

$1.24 MX$23.32

$1.77 ISK 215

-29.94%

Cigarettes 20 Pack (Marlboro, Camel)

$4.27 MX$80.4

$13.81 ISK 1,678

-69.08%

Wine (Bottle)

$9.81 MX$185

$23.51 ISK 2,856

-58.27%

Local Beer (0.5 liter bottle)

$1.59 MX$29.85

$3.54 ISK 430

-55.08%

Imported Beer (0.33 liter bottle)

$2.75 MX$51.7

$3.48 ISK 423

-20.98%

One-way Ticket (Public Transport)

$0.51 MX$9.69

Public Transport Monthly Pass (Regular Price)

$27.39 MX$515

Taxi Start (Normal Tariff)

$4.76 MX$89.6

$6.90 ISK 839

-31.01%

Taxi (Normal Tariff) (1km)

$3.25 MX$61.1

$2.90 ISK 352

12.07%

Taxi 1hour Waiting (Normal Tariff)

$5.39 MX$101

$81.7 ISK 9,928

-93.40%

Gasoline (1 liter)

$1.53 MX$28.76

$2.04 ISK 248

-25.00%

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

$21.2K MX$399.2K

$69.7K ISK 8.5M

-69.56%

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

$23.3K MX$437.8K

$55.0K ISK 6.7M

-57.71%

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

$83.5 MX$1,571

$97.0 ISK 11.8K

-13.95%

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

$23.19 MX$436

$32.70 ISK 3,973

-29.08%

Internet (50+ Mbps, Unlimited Data)

$27.61 MX$520

$85.4 ISK 10.4K

-67.66%

Gym Membership (Monthly)

$56.4 MX$1,062

Tennis Court (1 Hour on Weekend)

$28.19 MX$531

Cinema Ticket

$5.00 MX$94.1

$19.66 ISK 2,389

-74.57%

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

$207 MX$3,897

$1,207 ISK 146.7K

-82.85%

International Primary School, 1 Child (Yearly)

$5,231 MX$98.4K

$26.2K ISK 3.2M

-80.00%

Jeans (Levis 501 Or Similar)

$43.45 MX$818

$150 ISK 18.2K

-70.97%

Summer Dress (H&M, Zara, etc)

$42.54 MX$801

$66.8 ISK 8,114

-36.30%

Sport Shoes (Adidas, Nike)

$72.8 MX$1,369

$185 ISK 22.5K

-60.62%

Men's Leather Business Shoes

$88.4 MX$1,663

$247 ISK 30.0K

-64.16%

1-bedroom Apartment, City Center (Monthly)

$995 MX$18.7K

1-bedroom Apartment, Outside City Center (Monthly)

$382 MX$7,197

3-bedroom Apartment, City Center (Monthly)

$1,674 MX$31.5K

3-bedroom Apartment, Outside City Center (Monthly)

$1,081 MX$20.3K

Buy Apartment in City Center (m2)

$3,909 MX$73.6K

Buy Apartment Outside City Center (m2)

$6,138 MX$115.5K

Average Monthly Net Salary (After Tax)

$832 MX$15.7K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.45

8.81

29.97%

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

Last update for Playa del Carmen: November 2, 2026

Last update for Hverageroi: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Playa del Carmen

$382 31.8%

Hverageroi

- * 0% 100%

Groceries & Markets

Playa del Carmen

$257 21.4%

Hverageroi

$617 35.9% 140% $359

Eating Out

Playa del Carmen

$200 16.7%

Hverageroi

$535 31.1% 167% $334

Monthly Utilities & Internet

Playa del Carmen

$134 11.2%

Hverageroi

$215 12.5% 60.2% $81

Clothing & Footwear

Playa del Carmen

$111 9.3%

Hverageroi

$292 17% 162% $180

Sport & Entertainment

Playa del Carmen

$66 5.5%

Hverageroi

$39 * 2.3% 40.8% $27

Getting Around

Playa del Carmen

$50 4.2%

Hverageroi

$21 * 1.2% 57.6% $29

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

Cost Breakdown

A mid-range dinner for two costs $44 in Playa del Carmen versus $124 in Hverageroi. Monthly groceries follow the same trend: $257 vs $617 – making Playa del Carmen the more affordable choice for daily food spending.

Good to know

🇲🇽 Playa del Carmen

🇮🇸 Hverageroi

🕒 Local time

04:38 4:38 AM

09:38 9:38 AM

5 h ahead of Playa del Carmen

🌤 Weather

👥 Population

149,923

2,657

💱 Currency

Mexican Peso MXN $

Icelandic Króna ISK kr

📈 Exchange rate

100 MXN = 5.31 USD

100 MXN = 4.74 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.34 EUR

Exchange rates and currency converter

ISK, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 4, 2026: 1 USD = 18.82 MXN (100 MXN = 5.31 USD). 1 EUR = 21.1 MXN (100 MXN = 4.74 EUR).

Icelandic Króna exchange rates as of November 4, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.34 EUR).

USD to MXN in detail →

On the map

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Between locations

Playa del Carmen Hverageroi 6,790 km ≈ 9 h nonstop flight

From you

Playa del Carmen
Hverageroi

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

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

Hverageroi costs about 43% more than Playa del Carmen, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,804 per month in Playa del Carmen and $2,578 in Hverageroi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,202 in Playa del Carmen and $1,719 in Hverageroi. That makes Playa del Carmen about 30% cheaper.

Kindergarten costs $207 per month in Playa del Carmen and $1,207 in Hverageroi. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Playa del Carmen, where all-in costs run around $1,202, than in Hverageroi at $1,719. In Playa del Carmen it covers expenses comfortably, while in Hverageroi it requires careful planning or may not stretch far enough.

It depends on your priorities. Playa del Carmen has an edge in some lifestyle areas, with costs from $1,202 in Playa del Carmen to $1,719 in Hverageroi. Climate, culture, job market, and personal taste all factor in.