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

😐 Solo nomad: Reykjavik is 106.6% more expensive than Playa del Carmen without rent, and 206.2% more expensive with rent.

😐 Family of 3: Reykjavik is 183.9% more expensive than Playa del Carmen without rent, and 137.5% more expensive with rent.

Meal at Budget Restaurant

$26.9 ISK 3,355

$11.99 MX$227

124.35%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.3K

$42.47 MX$803

244.62%

Fast Food Meal (McDonalds, etc)

$22.18 ISK 2,767

$10.47 MX$198

111.84%

Cappuccino

$6.08 ISK 758

$3.6 MX$68.2

68.89%

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

$3.4 ISK 424

$1.44 MX$27.16

136.11%

Water (0.33 liter bottle)

$2.5 ISK 312

$0.89 MX$16.79

180.90%

Local Beer (0.5 liter draught)

$12.96 ISK 1,617

$3.09 MX$58.5

319.42%

Imported Beer (0.33 liter bottle)

$11.05 ISK 1,379

$4.58 MX$86.6

141.27%

Milk (1 liter)

$1.88 ISK 234

$1.38 MX$26.04

36.23%

White Bread (500g)

$4.26 ISK 531

$1.85 MX$34.9

130.27%

Rice (white) (1kg)

$3.67 ISK 458

$1.57 MX$29.68

133.76%

Eggs

$6.51 ISK 813

$2.55 MX$48.3

155.29%

Local Cheese (1kg)

$17.83 ISK 2,224

$8.61 MX$163

107.08%

Chicken Fillets (1kg)

$24.1 ISK 3,006

$8.54 MX$161

182.20%

Beef Round Steak (1kg)

$43.22 ISK 5,391

$10.98 MX$208

293.62%

Apples (1kg)

$3.19 ISK 397

$2.72 MX$51.4

17.28%

Banana (1kg)

$2.54 ISK 317

$1.51 MX$28.57

68.21%

Oranges (1kg)

$3.09 ISK 386

$1.88 MX$35.63

64.36%

Tomato (1kg)

$5.03 ISK 628

$2.19 MX$41.42

129.68%

Potato (1kg)

$3.59 ISK 447

$1.87 MX$35.3

91.98%

Onion (1kg)

$2.4 ISK 300

$2.19 MX$41.37

9.59%

Lettuce (1 head)

$3.08 ISK 384

$1.07 MX$20.23

187.85%

Water (1.5 liter bottle)

$2.01 ISK 250

$1.09 MX$20.64

84.40%

Cigarettes 20 Pack (Marlboro, Camel)

$13.9 ISK 1,734

$3.96 MX$74.9

251.01%

Wine (Bottle)

$23.87 ISK 2,978

$8.86 MX$167

169.41%

Local Beer (0.5 liter bottle)

$3.62 ISK 452

$1.72 MX$32.53

110.47%

Imported Beer (0.33 liter bottle)

$3.32 ISK 414

$2.61 MX$49.37

27.20%

One-way Ticket (Public Transport)

$5.27 ISK 658

$0.52 MX$9.74

913.46%

Public Transport Monthly Pass (Regular Price)

$86.4 ISK 10.8K

$26.59 MX$503

225.01%

Taxi Start (Normal Tariff)

$6.26 ISK 781

$3.24 MX$61.2

93.21%

Taxi (Normal Tariff) (1km)

$2.53 ISK 316

$2.38 MX$44.94

6.30%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.6K

$3.11 MX$58.7

2640.19%

Gasoline (1 liter)

$2.57 ISK 321

$1.31 MX$24.85

96.18%

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

$47.8K ISK 6M

$30.3K MX$573K

57.74%

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

$52.4K ISK 6.5M

$24K MX$453.6K

118.39%

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

$86.5 ISK 10.8K

$84.2 MX$1,592

2.69%

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

$26.91 ISK 3,357

$22.14 MX$419

21.54%

Internet (50+ Mbps, Unlimited Data)

$84.9 ISK 10.6K

$30.14 MX$570

181.75%

Gym Membership (Monthly)

$82.7 ISK 10.3K

$52 MX$983

59.08%

Tennis Court (1 Hour on Weekend)

$38.2 ISK 4,765

$18.72 MX$354

104.06%

Cinema Ticket

$17.83 ISK 2,225

$5.07 MX$95.9

251.68%

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

$318 ISK 39.7K

$200 MX$3,787

59.00%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$5,333 MX$100.8K

461.32%

Jeans (Levis 501 Or Similar)

$141 ISK 17.6K

$35.74 MX$676

294.43%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,785

$39.8 MX$753

56.78%

Sport Shoes (Adidas, Nike)

$183 ISK 22.9K

$79 MX$1,493

132.19%

Men's Leather Business Shoes

$267 ISK 33.3K

$88.4 MX$1,671

201.94%

1-bedroom Apartment, City Center (Monthly)

$2,179 ISK 271.8K

$965 MX$18.3K

125.66%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 249.6K

$474 MX$8,968

321.72%

3-bedroom Apartment, City Center (Monthly)

$3,152 ISK 393.2K

$1,653 MX$31.2K

90.70%

3-bedroom Apartment, Outside City Center (Monthly)

$2,726 ISK 340.1K

$1,202 MX$22.7K

126.80%

Buy Apartment in City Center (m2)

$7,821 ISK 975.7K

$3,081 MX$58.3K

153.81%

Buy Apartment Outside City Center (m2)

$6,501 ISK 811K

$7,529 MX$142.3K

-13.66%

Average Monthly Net Salary (After Tax)

$4,376 ISK 546K

$792 MX$15K

452.73%

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: October 28, 2025

Last update for Playa del Carmen: October 28, 2025

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