- Cost of Living
- Iceland
- Mexico
- Comparison
Cost of living in Iceland compared to Mexico
Currency:
| Food | + 199% | |||
|---|---|---|---|---|
| Food in Iceland is 199% more expensive than in Mexico | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,564 kr (Mex$ 420) | Mex$ 118 | + 256% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,737 kr (Mex$ 285) | Mex$ 95 | + 201% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,138 kr (Mex$ 186) | Mex$ 66 | + 183% | |
| 1 liter (1 qt.) of whole fat milk | 161 kr (Mex$ 26) | Mex$ 19 | + 42% | |
| 12 eggs, large | 797 kr (Mex$ 131) | Mex$ 31 | + 324% | |
| 1 kg (2 lb.) of tomatoes | 625 kr (Mex$ 102) | Mex$ 20 | + 425% | |
| 500 gr (16 oz.) of local cheese | 1,147 kr (Mex$ 188) | Mex$ 62 | + 205% | |
| 1 kg (2 lb.) of apples | 479 kr (Mex$ 79) | Mex$ 37 | + 111% | |
| 1 kg (2 lb.) of potatoes | 371 kr (Mex$ 61) | Mex$ 24 | + 157% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 393 kr (Mex$ 64) | Mex$ 21 | + 204% | |
| 1 bottle of red table wine, good quality | 2,917 kr (Mex$ 478) | Mex$ 223 | + 114% | |
| 2 liters of Coca-Cola | 291 kr (Mex$ 48) | Mex$ 25 | + 88% | |
| Bread for 2 people for 1 day | 331 kr (Mex$ 54) | Mex$ 20 | + 169% | |
| Housing | + 177% | |||
| Housing in Iceland is 177% more expensive than in Mexico | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 261,752 kr (Mex$ 42,878) | Mex$ 19,628 | + 118% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 241,367 kr (Mex$ 39,538) | Mex$ 10,435 | + 279% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 12,235 kr (Mex$ 2,004) | Mex$ 1,611 | + 24% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 210,487 kr (Mex$ 34,480) | Mex$ 11,823 | + 192% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 162,053 kr (Mex$ 26,546) | Mex$ 6,623 | + 301% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 22,017 kr (Mex$ 3,607) | Mex$ 1,609 | + 124% | |
| Internet 8 Mbps (1 month) | 6,670 kr (Mex$ 1,093) | Mex$ 383 | + 185% | |
| 40” flat screen TV | 85,746 kr (Mex$ 14,046) | Mex$ 8,103 | + 73% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 20,510 kr (Mex$ 3,360) | Mex$ 1,993 | + 69% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,804 kr (Mex$ 295) | Mex$ 104 | + 185% | |
| Hourly rate for cleaning help | 3,491 kr (Mex$ 572) | Mex$ 89 | + 545% | |
| Clothes | + 161% | |||
| Clothes in Iceland is 161% more expensive than in Mexico | ||||
| 1 pair of jeans (Levis 501 or similar) | 15,967 kr (Mex$ 2,616) | Mex$ 801 | + 226% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,525 kr (Mex$ 1,560) | Mex$ 660 | + 136% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 19,996 kr (Mex$ 3,276) | Mex$ 1,491 | + 120% | |
| 1 pair of men’s leather business shoes | 28,733 kr (Mex$ 4,707) | Mex$ 1,287 | + 266% | |
| Transportation | + 165% | |||
| Transportation in Iceland is 165% more expensive than in Mexico | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,426,470 kr (Mex$ 561,290) | Mex$ 312,016 | + 80% | |
| 1 liter (1/4 gallon) of gas | 215 kr (Mex$ 35) | Mex$ 19 | + 87% | |
| Monthly ticket public transport | 11,490 kr (Mex$ 1,882) | Mex$ 466 | + 304% | |
| Personal Care | + 139% | |||
| Personal Care in Iceland is 139% more expensive than in Mexico | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,711 kr (Mex$ 280) | Mex$ 77 | + 263% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (Mex$ 262) | Mex$ 186 | + 41% | |
| Short visit to private Doctor (15 minutes) | 4,541 kr (Mex$ 744) | Mex$ 543 | + 37% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr (Mex$ 82) | Mex$ 68 | + 19% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 622 kr (Mex$ 102) | Mex$ 49 | + 108% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 967 kr (Mex$ 158) | Mex$ 53 | + 200% | |
| 4 rolls of toilet paper | 571 kr (Mex$ 93) | Mex$ 28 | + 236% | |
| Tube of toothpaste | 350 kr (Mex$ 57) | Mex$ 29 | + 98% | |
| Standard men's haircut in expat area of the city | 5,582 kr (Mex$ 914) | Mex$ 123 | + 643% | |
| Entertainment | + 153% | |||
| Entertainment in Iceland is 153% more expensive than in Mexico | ||||
| Basic dinner out for two in neighborhood pub | 6,466 kr (Mex$ 1,059) | Mex$ 383 | + 177% | |
| 2 tickets to the movies | 3,094 kr (Mex$ 507) | Mex$ 136 | + 271% | |
| 2 tickets to the theater (best available seats) | 11,063 kr (Mex$ 1,812) | Mex$ 1,187 | + 53% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 9,252 kr (Mex$ 1,516) | Mex$ 742 | + 104% | |
| 1 cocktail drink in downtown club | 2,428 kr (Mex$ 398) | Mex$ 102 | + 288% | |
| Cappuccino in expat area of the city | 655 kr (Mex$ 107) | Mex$ 55 | + 97% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,090 kr (Mex$ 179) | Mex$ 45 | + 299% | |
| iPad Wi-Fi 128GB | 84,869 kr (Mex$ 13,902) | Mex$ 10,347 | + 34% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (Mex$ 11) | Mex$ 2.31 | + 356% | |
| 1 month of gym membership in business district | 8,232 kr (Mex$ 1,348) | Mex$ 715 | + 89% | |
| 1 package of Marlboro cigarettes | 1,454 kr (Mex$ 238) | Mex$ 52 | + 356% | |
| TOTAL | + 173% | |||
These prices were last updated on November 16, 2018.
Exchange rate:
0.16381
MXN
/
ISK
This comparison is based on abundant and consistent data. It is based on 10,902 prices entered by 1,275 different people.
Cost of living in Iceland is 173% more expensive than in Mexico
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