- Cost of Living
- Iceland
- Mexico
- Comparison
Cost of living in Iceland compared to Mexico
Currency:
| Food | + 176% | |||
|---|---|---|---|---|
| Food in Iceland is 176% more expensive than in Mexico | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,497 kr (Mex$ 391) | Mex$ 119 | + 229% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,740 kr (Mex$ 273) | Mex$ 96 | + 184% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,114 kr (Mex$ 175) | Mex$ 65 | + 168% | |
| 1 liter (1 qt.) of whole fat milk | 160 kr (Mex$ 25) | Mex$ 19 | + 35% | |
| 12 eggs, large | 771 kr (Mex$ 121) | Mex$ 31 | + 294% | |
| 1 kg (2 lb.) of tomatoes | 581 kr (Mex$ 91) | Mex$ 21 | + 336% | |
| 500 gr (16 oz.) of local cheese | 1,197 kr (Mex$ 188) | Mex$ 64 | + 195% | |
| 1 kg (2 lb.) of apples | 475 kr (Mex$ 74) | Mex$ 38 | + 95% | |
| 1 kg (2 lb.) of potatoes | 405 kr (Mex$ 63) | Mex$ 24 | + 163% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 378 kr (Mex$ 59) | Mex$ 21 | + 176% | |
| 1 bottle of red table wine, good quality | 2,900 kr (Mex$ 455) | Mex$ 217 | + 110% | |
| 2 liters of Coca-Cola | 285 kr (Mex$ 45) | Mex$ 25 | + 77% | |
| Bread for 2 people for 1 day | 294 kr (Mex$ 46) | Mex$ 20 | + 130% | |
| Housing | + 182% | |||
| Housing in Iceland is 182% more expensive than in Mexico | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 256,996 kr (Mex$ 40,295) | Mex$ 19,349 | + 108% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 230,782 kr (Mex$ 36,185) | Mex$ 10,195 | + 255% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 23,677 kr (Mex$ 3,712) | Mex$ 1,635 | + 127% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 213,901 kr (Mex$ 33,538) | Mex$ 12,212 | + 175% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 167,852 kr (Mex$ 26,318) | Mex$ 6,850 | + 284% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 32,849 kr (Mex$ 5,151) | Mex$ 1,316 | + 291% | |
| Internet 8 Mbps (1 month) | 6,272 kr (Mex$ 983) | Mex$ 382 | + 157% | |
| 40” flat screen TV | 93,926 kr (Mex$ 14,727) | Mex$ 8,037 | + 83% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 23,588 kr (Mex$ 3,699) | Mex$ 2,017 | + 83% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,696 kr (Mex$ 266) | Mex$ 110 | + 143% | |
| Hourly rate for cleaning help | 3,737 kr (Mex$ 586) | Mex$ 79 | + 639% | |
| Clothes | + 163% | |||
| Clothes in Iceland is 163% more expensive than in Mexico | ||||
| 1 pair of jeans (Levis 501 or similar) | 16,841 kr (Mex$ 2,641) | Mex$ 841 | + 214% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 10,359 kr (Mex$ 1,624) | Mex$ 674 | + 141% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 22,522 kr (Mex$ 3,531) | Mex$ 1,522 | + 132% | |
| 1 pair of men’s leather business shoes | 29,554 kr (Mex$ 4,634) | Mex$ 1,328 | + 249% | |
| Transportation | + 153% | |||
| Transportation in Iceland is 153% more expensive than in Mexico | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,391,240 kr (Mex$ 531,726) | Mex$ 317,789 | + 67% | |
| 1 liter (1/4 gallon) of gas | 216 kr (Mex$ 34) | Mex$ 19 | + 77% | |
| Monthly ticket public transport | 11,375 kr (Mex$ 1,784) | Mex$ 454 | + 293% | |
| Personal Care | + 115% | |||
| Personal Care in Iceland is 115% more expensive than in Mexico | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,318 kr (Mex$ 207) | Mex$ 77 | + 169% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (Mex$ 251) | Mex$ 181 | + 38% | |
| Short visit to private Doctor (15 minutes) | 4,541 kr (Mex$ 712) | Mex$ 545 | + 31% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr (Mex$ 78) | Mex$ 72 | + 8% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 594 kr (Mex$ 93) | Mex$ 50 | + 86% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 855 kr (Mex$ 134) | Mex$ 55 | + 142% | |
| 4 rolls of toilet paper | 510 kr (Mex$ 80) | Mex$ 28 | + 183% | |
| Tube of toothpaste | 363 kr (Mex$ 57) | Mex$ 30 | + 87% | |
| Standard men's haircut in expat area of the city | 5,730 kr (Mex$ 898) | Mex$ 127 | + 606% | |
| Entertainment | + 141% | |||
| Entertainment in Iceland is 141% more expensive than in Mexico | ||||
| Basic dinner out for two in neighborhood pub | 5,908 kr (Mex$ 926) | Mex$ 379 | + 145% | |
| 2 tickets to the movies | 3,095 kr (Mex$ 485) | Mex$ 138 | + 251% | |
| 2 tickets to the theater (best available seats) | 9,691 kr (Mex$ 1,519) | Mex$ 1,217 | + 25% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 10,707 kr (Mex$ 1,679) | Mex$ 744 | + 126% | |
| 1 cocktail drink in downtown club | 2,422 kr (Mex$ 380) | Mex$ 103 | + 270% | |
| Cappuccino in expat area of the city | 636 kr (Mex$ 100) | Mex$ 55 | + 82% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,080 kr (Mex$ 169) | Mex$ 45 | + 278% | |
| iPad Wi-Fi 128GB | 84,869 kr (Mex$ 13,307) | Mex$ 10,381 | + 28% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (Mex$ 10) | Mex$ 2.32 | + 334% | |
| 1 month of gym membership in business district | 8,011 kr (Mex$ 1,256) | Mex$ 753 | + 67% | |
| 1 package of Marlboro cigarettes | 1,448 kr (Mex$ 227) | Mex$ 52 | + 333% | |
| TOTAL | + 163% | |||
These prices were last updated on January 18, 2019.
Exchange rate:
0.15679
MXN
/
ISK
This comparison is based on abundant and consistent data. It is based on 10,624 prices entered by 1,202 different people.
Cost of living in Iceland is 163% more expensive than in Mexico
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