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

😐 Solo nomad: Reykjavik is 109.1% more expensive than Playa del Carmen without rent, and 203.6% more expensive with rent.

😐 Family of 3: Reykjavik is 195% more expensive than Playa del Carmen without rent, and 132.6% more expensive with rent.

Meal at Budget Restaurant

$26.70 ISK 3,364

$11.88 MX$210

124.75%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.2K

$41.90 MX$740

245.30%

Fast Food Meal (McDonalds, etc)

$22.39 ISK 2,820

$10.55 MX$186

112.23%

Cappuccino

$6.06 ISK 764

$3.60 MX$63.5

68.33%

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

$3.28 ISK 414

$1.50 MX$26.45

118.67%

Water (0.33 liter bottle)

$2.62 ISK 330

$0.91 MX$16.09

187.91%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$3.08 MX$54.4

322.73%

Imported Beer (0.33 liter bottle)

$11.28 ISK 1,421

$4.47 MX$78.8

152.35%

Milk (1 liter)

$1.87 ISK 235

$1.39 MX$24.54

34.53%

White Bread (500g)

$4.32 ISK 544

$1.90 MX$33.47

127.37%

Rice (white) (1kg)

$3.71 ISK 468

$1.60 MX$28.27

131.88%

Eggs

$6.52 ISK 821

$2.60 MX$45.97

150.77%

Local Cheese (1kg)

$18.16 ISK 2,288

$8.36 MX$148

117.22%

Chicken Fillets (1kg)

$23.83 ISK 3,002

$8.64 MX$152

175.81%

Beef Round Steak (1kg)

$42.83 ISK 5,395

$10.91 MX$192

292.58%

Apples (1kg)

$3.37 ISK 424

$2.61 MX$45.98

29.12%

Banana (1kg)

$2.50 ISK 315

$1.44 MX$25.46

73.61%

Oranges (1kg)

$3.03 ISK 382

$1.96 MX$34.55

54.59%

Tomato (1kg)

$4.98 ISK 627

$2.12 MX$37.34

134.91%

Potato (1kg)

$3.66 ISK 461

$1.86 MX$32.87

96.77%

Onion (1kg)

$2.40 ISK 302

$2.22 MX$39.20

8.11%

Lettuce (1 head)

$3.06 ISK 386

$1.02 MX$17.99

200.00%

Water (1.5 liter bottle)

$2.01 ISK 253

$1.04 MX$18.36

93.27%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$4.05 MX$71.5

241.23%

Wine (Bottle)

$23.58 ISK 2,971

$10.18 MX$180

131.63%

Local Beer (0.5 liter bottle)

$3.55 ISK 447

$1.69 MX$29.79

110.06%

Imported Beer (0.33 liter bottle)

$3.24 ISK 408

$2.62 MX$46.25

23.66%

One-way Ticket (Public Transport)

$5.19 ISK 654

$0.51 MX$9.09

917.65%

Public Transport Monthly Pass (Regular Price)

$87.7 ISK 11.0K

$26.52 MX$468

230.58%

Taxi Start (Normal Tariff)

$6.18 ISK 778

$3.15 MX$55.7

96.19%

Taxi (Normal Tariff) (1km)

$2.64 ISK 333

$2.46 MX$43.49

7.32%

Taxi 1hour Waiting (Normal Tariff)

$87.3 ISK 11.0K

$3.26 MX$57.5

2576.99%

Gasoline (1 liter)

$2.56 ISK 322

$1.32 MX$23.36

93.94%

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

$48.0K ISK 6.0M

$30.1K MX$531.0K

59.43%

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

$52.5K ISK 6.6M

$23.8K MX$419.3K

120.88%

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

$88.6 ISK 11.2K

$83.5 MX$1,474

6.12%

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

$27.96 ISK 3,522

$22.86 MX$404

22.31%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$30.04 MX$530

181.86%

Gym Membership (Monthly)

$81.7 ISK 10.3K

$51.9 MX$916

57.36%

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

$18.30 MX$323

107.65%

Cinema Ticket

$17.53 ISK 2,208

$5.12 MX$90.4

242.38%

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

$316 ISK 39.7K

$201 MX$3,541

57.28%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.8M

$5,318 MX$93.9K

466.24%

Jeans (Levis 501 Or Similar)

$140 ISK 17.6K

$35.73 MX$631

290.74%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,863

$40.27 MX$711

55.00%

Sport Shoes (Adidas, Nike)

$182 ISK 22.9K

$79.2 MX$1,398

129.71%

Men's Leather Business Shoes

$264 ISK 33.2K

$89.3 MX$1,576

195.42%

1-bedroom Apartment, City Center (Monthly)

$2,225 ISK 280.3K

$947 MX$16.7K

135.01%

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 257.9K

$483 MX$8,525

323.90%

3-bedroom Apartment, City Center (Monthly)

$3,154 ISK 397.3K

$1,599 MX$28.2K

97.28%

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 339.0K

$1,211 MX$21.4K

122.22%

Buy Apartment in City Center (m2)

$7,541 ISK 949.9K

$3,996 MX$70.5K

88.70%

Buy Apartment Outside City Center (m2)

$6,257 ISK 788.1K

$6,402 MX$113.0K

-2.28%

Average Monthly Net Salary (After Tax)

$4,489 ISK 565.5K

$730 MX$12.9K

515.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

11.42

-15.67%

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

Last update for Reykjavik: January 10, 2026

Last update for Playa del Carmen: January 13, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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

Digital Nomad Cost of Living Index

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