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

🙂 Solo nomad: Playa del Carmen is 55.9% cheaper than Reykjavik without rent, and 66.7% cheaper with rent.

🙂 Family of 3: Playa del Carmen is 65.2% cheaper than Reykjavik without rent, and 57.3% cheaper with rent.

Meal at Budget Restaurant

$11.61 MX$201

$26.47 ISK 3,231

-56.14%

Three-Course Dinner for Two, Mid-Range

$42.75 MX$739

$142 ISK 17.4K

-69.93%

Fast Food Meal (McDonalds, etc)

$10.60 MX$183

$22.61 ISK 2,760

-53.12%

Cappuccino

$3.59 MX$62.0

$6.17 ISK 753

-41.82%

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

$1.45 MX$25.10

$3.35 ISK 409

-56.72%

Water (0.33 liter bottle)

$0.90 MX$15.52

$2.63 ISK 321

-65.78%

Local Beer (0.5 liter draught)

$3.03 MX$52.4

$12.64 ISK 1,543

-76.03%

Imported Beer (0.33 liter bottle)

$4.56 MX$78.8

$11.33 ISK 1,384

-59.75%

Milk (1 liter)

$1.45 MX$25.10

$1.93 ISK 236

-24.87%

White Bread (500g)

$1.83 MX$31.59

$4.15 ISK 507

-55.90%

Rice (white) (1kg)

$1.61 MX$27.80

$3.74 ISK 456

-56.95%

Eggs

$2.54 MX$43.87

$6.27 ISK 766

-59.49%

Local Cheese (1kg)

$8.54 MX$148

$17.92 ISK 2,188

-52.34%

Chicken Fillets (1kg)

$8.47 MX$146

$24.05 ISK 2,936

-64.78%

Beef Round Steak (1kg)

$10.86 MX$188

$42.07 ISK 5,136

-74.19%

Apples (1kg)

$2.73 MX$47.18

$3.22 ISK 393

-15.22%

Banana (1kg)

$1.49 MX$25.80

$2.52 ISK 307

-40.87%

Oranges (1kg)

$1.94 MX$33.59

$3.09 ISK 377

-37.22%

Tomato (1kg)

$2.16 MX$37.42

$5.09 ISK 621

-57.56%

Potato (1kg)

$1.85 MX$31.92

$3.58 ISK 437

-48.32%

Onion (1kg)

$2.19 MX$37.84

$2.44 ISK 297

-10.25%

Lettuce (1 head)

$1.07 MX$18.54

$3.18 ISK 389

-66.35%

Water (1.5 liter bottle)

$1.08 MX$18.73

$1.94 ISK 237

-44.33%

Cigarettes 20 Pack (Marlboro, Camel)

$4.06 MX$70.2

$13.71 ISK 1,674

-70.39%

Wine (Bottle)

$10.46 MX$181

$22.59 ISK 2,758

-53.70%

Local Beer (0.5 liter bottle)

$1.65 MX$28.59

$3.55 ISK 434

-53.52%

Imported Beer (0.33 liter bottle)

$2.55 MX$44.06

$3.33 ISK 406

-23.42%

One-way Ticket (Public Transport)

$0.56 MX$9.61

$5.28 ISK 644

-89.39%

Public Transport Monthly Pass (Regular Price)

$26.20 MX$453

$87.1 ISK 10.6K

-69.91%

Taxi Start (Normal Tariff)

$3.14 MX$54.3

$6.25 ISK 763

-49.76%

Taxi (Normal Tariff) (1km)

$2.37 MX$41.00

$2.51 ISK 307

-5.58%

Taxi 1hour Waiting (Normal Tariff)

$3.24 MX$56.0

$84.7 ISK 10.3K

-96.18%

Gasoline (1 liter)

$1.31 MX$22.72

$2.46 ISK 300

-46.75%

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

$30.5K MX$528.0K

$46.5K ISK 5.7M

-34.29%

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

$23.8K MX$411.9K

$51.5K ISK 6.3M

-53.73%

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

$83.1 MX$1,438

$87.7 ISK 10.7K

-5.19%

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

$22.15 MX$383

$27.91 ISK 3,407

-20.64%

Internet (50+ Mbps, Unlimited Data)

$29.37 MX$508

$84.5 ISK 10.3K

-65.23%

Gym Membership (Monthly)

$51.2 MX$885

$82.7 ISK 10.1K

-38.07%

Tennis Court (1 Hour on Weekend)

$18.69 MX$323

$37.97 ISK 4,635

-50.78%

Cinema Ticket

$4.89 MX$84.5

$17.78 ISK 2,170

-72.50%

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

$199 MX$3,435

$324 ISK 39.6K

-38.77%

International Primary School, 1 Child (Yearly)

$5,207 MX$90.0K

$29.7K ISK 3.6M

-82.44%

Jeans (Levis 501 Or Similar)

$35.93 MX$621

$140 ISK 17.1K

-74.37%

Summer Dress (H&M, Zara, etc)

$39.39 MX$681

$60.6 ISK 7,399

-35.02%

Sport Shoes (Adidas, Nike)

$80.3 MX$1,388

$181 ISK 22.1K

-55.71%

Men's Leather Business Shoes

$87.6 MX$1,514

$263 ISK 32.1K

-66.66%

1-bedroom Apartment, City Center (Monthly)

$963 MX$16.7K

$2,250 ISK 274.7K

-57.19%

1-bedroom Apartment, Outside City Center (Monthly)

$482 MX$8,336

$2,007 ISK 245.0K

-75.98%

3-bedroom Apartment, City Center (Monthly)

$1,645 MX$28.4K

$3,118 ISK 380.6K

-47.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,192 MX$20.6K

$2,755 ISK 336.3K

-56.73%

Buy Apartment in City Center (m2)

$3,957 MX$68.4K

$8,013 ISK 978.1K

-50.62%

Buy Apartment Outside City Center (m2)

$6,513 MX$112.6K

$6,528 ISK 796.9K

-0.23%

Average Monthly Net Salary (After Tax)

$726 MX$12.6K

$4,449 ISK 543.1K

-83.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.42

9.63

18.59%

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

Last update for Playa del Carmen: April 12, 2026

Last update for Reykjavik: April 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 other spots: cost of living compared

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