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

😐 Solo nomad: Reykjavik is 127% more expensive than Playa del Carmen without rent, and 200.3% more expensive with rent.

😐 Family of 3: Reykjavik is 187.2% more expensive than Playa del Carmen without rent, and 134% more expensive with rent.

Meal at Budget Restaurant

$26.47 ISK 3,231

$11.61 MX$201

127.99%

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.4K

$42.75 MX$739

232.58%

Fast Food Meal (McDonalds, etc)

$22.61 ISK 2,760

$10.60 MX$183

113.30%

Cappuccino

$6.17 ISK 753

$3.59 MX$62.0

71.87%

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

$3.35 ISK 409

$1.45 MX$25.10

131.03%

Water (0.33 liter bottle)

$2.63 ISK 321

$0.90 MX$15.52

192.22%

Local Beer (0.5 liter draught)

$12.64 ISK 1,543

$3.03 MX$52.4

317.16%

Imported Beer (0.33 liter bottle)

$11.33 ISK 1,384

$4.56 MX$78.8

148.46%

Milk (1 liter)

$1.93 ISK 236

$1.45 MX$25.10

33.10%

White Bread (500g)

$4.15 ISK 507

$1.83 MX$31.59

126.78%

Rice (white) (1kg)

$3.74 ISK 456

$1.61 MX$27.80

132.30%

Eggs

$6.27 ISK 766

$2.54 MX$43.87

146.85%

Local Cheese (1kg)

$17.92 ISK 2,188

$8.54 MX$148

109.84%

Chicken Fillets (1kg)

$24.05 ISK 2,936

$8.47 MX$146

183.94%

Beef Round Steak (1kg)

$42.07 ISK 5,136

$10.86 MX$188

287.38%

Apples (1kg)

$3.22 ISK 393

$2.73 MX$47.18

17.95%

Banana (1kg)

$2.52 ISK 307

$1.49 MX$25.80

69.13%

Oranges (1kg)

$3.09 ISK 377

$1.94 MX$33.59

59.28%

Tomato (1kg)

$5.09 ISK 621

$2.16 MX$37.42

135.65%

Potato (1kg)

$3.58 ISK 437

$1.85 MX$31.92

93.51%

Onion (1kg)

$2.44 ISK 297

$2.19 MX$37.84

11.42%

Lettuce (1 head)

$3.18 ISK 389

$1.07 MX$18.54

197.20%

Water (1.5 liter bottle)

$1.94 ISK 237

$1.08 MX$18.73

79.63%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,674

$4.06 MX$70.2

237.68%

Wine (Bottle)

$22.59 ISK 2,758

$10.46 MX$181

115.97%

Local Beer (0.5 liter bottle)

$3.55 ISK 434

$1.65 MX$28.59

115.15%

Imported Beer (0.33 liter bottle)

$3.33 ISK 406

$2.55 MX$44.06

30.59%

One-way Ticket (Public Transport)

$5.28 ISK 644

$0.56 MX$9.61

842.86%

Public Transport Monthly Pass (Regular Price)

$87.1 ISK 10.6K

$26.20 MX$453

232.29%

Taxi Start (Normal Tariff)

$6.25 ISK 763

$3.14 MX$54.3

99.04%

Taxi (Normal Tariff) (1km)

$2.51 ISK 307

$2.37 MX$41.00

5.91%

Taxi 1hour Waiting (Normal Tariff)

$84.7 ISK 10.3K

$3.24 MX$56.0

2515.12%

Gasoline (1 liter)

$2.46 ISK 300

$1.31 MX$22.72

87.79%

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

$46.5K ISK 5.7M

$30.5K MX$528.0K

52.18%

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

$51.5K ISK 6.3M

$23.8K MX$411.9K

116.14%

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

$87.7 ISK 10.7K

$83.1 MX$1,438

5.47%

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

$27.91 ISK 3,407

$22.15 MX$383

26.00%

Internet (50+ Mbps, Unlimited Data)

$84.5 ISK 10.3K

$29.37 MX$508

187.64%

Gym Membership (Monthly)

$82.7 ISK 10.1K

$51.2 MX$885

61.48%

Tennis Court (1 Hour on Weekend)

$37.97 ISK 4,635

$18.69 MX$323

103.16%

Cinema Ticket

$17.78 ISK 2,170

$4.89 MX$84.5

263.60%

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

$324 ISK 39.6K

$199 MX$3,435

63.31%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.6M

$5,207 MX$90.0K

469.58%

Jeans (Levis 501 Or Similar)

$140 ISK 17.1K

$35.93 MX$621

290.20%

Summer Dress (H&M, Zara, etc)

$60.6 ISK 7,399

$39.39 MX$681

53.90%

Sport Shoes (Adidas, Nike)

$181 ISK 22.1K

$80.3 MX$1,388

125.79%

Men's Leather Business Shoes

$263 ISK 32.1K

$87.6 MX$1,514

199.90%

1-bedroom Apartment, City Center (Monthly)

$2,250 ISK 274.7K

$963 MX$16.7K

133.58%

1-bedroom Apartment, Outside City Center (Monthly)

$2,007 ISK 245.0K

$482 MX$8,336

316.37%

3-bedroom Apartment, City Center (Monthly)

$3,118 ISK 380.6K

$1,645 MX$28.4K

89.51%

3-bedroom Apartment, Outside City Center (Monthly)

$2,755 ISK 336.3K

$1,192 MX$20.6K

131.13%

Buy Apartment in City Center (m2)

$8,013 ISK 978.1K

$3,957 MX$68.4K

102.51%

Buy Apartment Outside City Center (m2)

$6,528 ISK 796.9K

$6,513 MX$112.6K

0.23%

Average Monthly Net Salary (After Tax)

$4,449 ISK 543.1K

$726 MX$12.6K

512.56%

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: April 14, 2026

Last update for Playa del Carmen: April 12, 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

Reykjavik vs other spots: cost of living compared

Similar cities

London

🇬🇧 United Kingdom

San Diego, CA

🇺🇸 United States

Washington, DC

🇺🇸 United States

Basel

🇨🇭 Switzerland

Honolulu, HI

🇺🇸 United States

Brooklyn, NY

🇺🇸 United States

Irvine, CA

🇺🇸 United States

Jersey City, NJ

🇺🇸 United States