Mexico City vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Mexico City Reykjavik
🚶 Cost of living one person
$1190
$2915
👨‍👩‍👧‍👦 Cost of living Family
$3028
$5968
🏠 One person rent
$611
$1781
🏘️ Family rent
$1253
$2749
🍽️ Food expenses
$376
$832
🚐 Transport expenses
$92.2
$88.7
💳 Monthly salary after tax
$740
$3918
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
8 km
4 km
🎓 Higher education
90
53
😀 Quality of life
68
89
🏙️ Population
9.21M
140K

The cost of living in Mexico City is 59% less expensive than in Reykjavik. Cities ranked 4630th and 204th ($1190 vs $2915) in the list of the most expensive cities in the world and ranked 6th and 1st in Mexico and Iceland, respectively. Check Mexico vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Mexico City compared to 1.3 months in Reykjavik. Mexico City ranked 1st best city to live in Mexico vs Reykjavik ranked 1st in Iceland, while ranked 3360th and 189th among best cities to live in the world.

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Cost of living in Mexico City vs Reykjavik infographic

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Prices in Mexico City vs Reykjavik

Prices for goods and services in Mexico City and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Mexico City Reykjavik
Eating Out
🍱 Lunch Menu
$10.3
$22
🥂 Dinner in a Restaurant, for 2
$45.2
$125
🥪 Fast food meal, equiv. McDonald's
$8.05
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.69
$11.1
 Cappuccino
$3.61
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.08
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$838
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$489
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1747
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1045
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$27.7
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$42.9
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24.4
$74.1
🏦 Mortgage Interest Rate for 20 Years
11.25%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2781
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2233
$5311
Transportation
🚌 Local transport ticket
$0.31
$4.63
🎟️ Monthly ticket local transport
$22.1
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$5.65
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$1.24
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.44
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$2.12
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.69
$3.25
🥚 Eggs, x12
$2.39
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$9.69
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.51
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$11
$37.6
🍏 Apples, 1 kg or 2.2 lb
$2.58
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.45
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1.73
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$1.83
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.84
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.81
$2.16
🌊 Water, 1 L or 1 qt
$0.59
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.85
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$13.5
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.59
$3.27
🚬 Cigarette pack
$3.82
$12.2
💊 Cold medicince, 1 week
$7.01
$11.6
🧴 Hair Shampoo
$4.04
$5.36
🧻 Toilet paper, 4 rolls
$2.29
$4.68
👄 Toothpaste, 1 tube
$2.47
$3.32
Other
🏋️ Gym Membership, 1 month
$61
$71.8
🎫 Cinema Ticket, 1 person
$5.09
$15.1
👩‍⚕️ Doctor's visit
$53.8
$84.7
💇 Haircut, simple
$15.9
$47.4
👖 Brand Jeans
$55.6
$112
👟 Brand Sneakers
$94.2
$155
👶 Daycare or Preschool, 1 month
$396
$254
🏫 International Primary School, 1 year
$8550
$6167

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Mexico City

Distance City Cost of living
11 km or 7.1 mi Naucalpan
$835
14 km or 8.7 mi Tlalnepantla
$783
17 km or 10 mi Ciudad Nezahualcoyotl
$723
19 km or 12 mi Ciudad Lopez Mateos
$884
22 km or 14 mi Ecatepec de Morelos
$734
25 km or 16 mi Tultitlan de Mariano Escobedo
$775
25 km or 16 mi Chicoloapan de Juarez
$835
26 km or 16 mi Cuautitlan Izcalli
$731
29 km or 18 mi Texcoco de Mora
$794
30 km or 19 mi Tultepec
$757
31 km or 19 mi Chalco de Diaz Covarrubias
$816
42 km or 26 mi Zumpango
$772
55 km or 34 mi Toluca
$844
56 km or 35 mi Cuernavaca
$729
60 km or 37 mi Jiutepec
$734
70 km or 44 mi Cuautla
$843
89 km or 55 mi Pachuca
$704
93 km or 58 mi Atlixco
$811
105 km or 65 mi San Jose Villa de Allende
$792
106 km or 66 mi Puebla
$939
107 km or 67 mi Taxco
$789
126 km or 79 mi Iguala
$797
140 km or 87 mi San Juan del Rio
$828
184 km or 114 mi Queretaro
$941
192 km or 119 mi Teziutlan
$763
211 km or 131 mi Chilpancingo
$623
213 km or 132 mi Tehuacan
$504
214 km or 133 mi Celaya
$601
216 km or 134 mi Poza Rica
$660
217 km or 135 mi Morelia
$748
224 km or 139 mi Cortazar
$691
224 km or 139 mi Orizaba
$723
225 km or 140 mi Yuriria
$729
229 km or 143 mi Coatepec
$694
234 km or 145 mi Xalapa
$589
236 km or 146 mi San Miguel de Allende
$1223
239 km or 149 mi Cordoba
$759
250 km or 155 mi Salamanca
$659
269 km or 167 mi Irapuato
$674
281 km or 174 mi Zacapu
$709

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161