Iceland vs Mexico (Cost of Living)

The cost of living in Iceland is 1.31 times more expensive as compared to Mexico.

On this page, you will find side-by-side cost comparison between Iceland and Mexico. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Iceland and Mexico.

We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com

Is housing more expensive in Iceland than in Mexico?

The average housing cost in Iceland is 1.69 times more expensive than Mexico.

Does the utility cost more in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 106.53% more for Utilities.

The basic home furnishing in Iceland costs 1.90 times more compared to Mexico.

The internet and communication costs 106.03% more in Iceland compared to Mexico.

Does the Groceries cost more in Iceland than in Mexico?

In Iceland, the cost of 1 Liter Water and 1 Liter Milk is 1.27 times more expensive than the cost in Mexico.

If you lived in Iceland, instead of Mexico, you would have to pay 54.26% more for Groceries.

If you lived in Iceland, instead of Mexico, you would have to pay 2.76 times more for Fruits and Vegetables.

Is Dining-Out more expensive in Iceland than in Mexico?

Dining-Out costs 113.53% more in Iceland compared to Mexico.

Are Drinks more expensive in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 1.57 times more for usual hard drinks.

Is Transportation more expensive in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 2.09 times more for transportation.

Is Vehicle Operation and Maintenance more expensive in Iceland than in Mexico?

You would have to pay 2.00 times more for Vehicle purchase, daily operation and maintenance in Iceland compared to that of Mexico.

Does Health and Medical Treatment cost more in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 1.14 times less for Health and Medical Treatment.

Does Personal Care cost more in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 1.07 times more for Personal Care Items and Treatment.

Does Clothing and Footwear for adults cost more in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 1.89 times less for Clothing and Footwear for Adults.

Does Childcare Care cost more in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 2.25 times less for Childcare and kids clothing.

Does Schooling cost more in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 3.13 times less for school and education.

Does Entertainment and Recreation cost more in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 1.01 times less for entertainment, recreation and fun activities.

Are Private Classes more expensive in Iceland than in Mexico?

If you lived in Iceland, instead of Mexico, you would have to pay 1.42 times less for Private Classes.

Do people earn more money as salary in Iceland than in Mexico?

If you lived in Iceland, you would earn 1.50 times more salary as compared to Mexico.

Professional Services cost 1.06 times more in Iceland, as compared to Mexico.