Cost of living comparison
Reykjavik is 2.4 times more expensive than Buenos Aires.
If you lived in Reykjavik instead of Buenos Aires, you would:
pay 2.0 times more for restaurants
|
Buenos Aires
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.00
ARS11,147.09
|
$20.00
ISK2,758
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.49
ARS8,603.52
|
$18.02
ISK2,484
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
ARS1,488.97
|
$3.15
ISK435
|
|
| Bottle of water (11 fl. oz) |
$1.08
ARS1,099.02
|
$2.19
ISK301
|
|
pay 2.0 times more for groceries
|
Buenos Aires
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.16
ARS2,183.88
|
$3.61
ISK498
|
|
| Local cheese (8 oz) |
$5.19
ARS5,262.44
|
$7.76
ISK1,070
|
|
| Milk (1 gallon) |
$5.04
ARS5,107.95
|
$6.40
ISK883
|
|
|
Eggs
1 dozen
|
$2.31
ARS2,337.61
|
$5.76
ISK794
|
|
| Boneless chicken breast (1 lb) |
$2.80
ARS2,840.24
|
$9.45
ISK1,303
|
|
| Apples (1 lb) |
$0.92
ARS936.70
|
$1.40
ISK193
|
|
| Bananas (1 lb) |
$0.87
ARS886.39
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.61
ARS613.94
|
$1.22
ISK168
|
|
| Tomatoes (1 lb) |
$1.00
ARS1,012.98
|
$2.22
ISK307
|
|
| Potatoes (1 lb) |
$0.43
ARS432.73
|
$1.43
ISK198
|
|
| Onions (1 lb) |
$0.51
ARS512.11
|
$0.93
ISK129
|
|
pay 3.6 times more for transportation
|
Buenos Aires
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.50
ARS3,551.65
|
$8.50
ISK1,172
|
|
| Monthly public transit pass |
$11.00
ARS11,147.09
|
$74.95
ISK10,335
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,250.00
ARS23,560,886.03
|
$42,450.45
ISK5,853,068
|
|
| Taxi trip in downtown area (5 miles) |
$7.35
ARS7,448.28
|
$24.05
ISK3,316
|
|
pay 3.2 times more for housing
|
Buenos Aires
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.79
ARS24,112.54
|
$69.87
ISK9,633
|
|
| 1-Bedroom apartment in downtown area |
$513.68
ARS520,545.98
|
$1,971.17
ISK271,785
|
|
| 1-Bedroom apartment outside city center |
$357.39
ARS362,171.20
|
$1,803.44
ISK248,658
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$49.23
ARS49,891.86
|
$53.95
ISK7,439
|
|
pay 25.2% more for childcare
|
Buenos Aires
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$216.50
ARS219,394.92
|
$252.14
ISK34,765
|
|
| Middle school for 1 child, two semesters |
$4,476.88
ARS4,536,739.36
|
$5,993.99
ISK826,452
|
|
pay 3.7 times more for entertainment and sports
|
Buenos Aires
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.80
ARS1,823.83
|
$10.81
ISK1,491
|
|
| Cappuccino in mid-range area |
$2.98
ARS3,024.03
|
$5.31
ISK731
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.40
ARS2,432.09
|
$12.25
ISK1,688
|
|
| Monthly membership at local gym |
$27.22
ARS27,582.86
|
$69.95
ISK9,644
|
|
| Movie ticket to theater/cinema |
$5.00
ARS5,066.86
|
$14.77
ISK2,037
|
|
pay 21.1% more for clothing
|
Buenos Aires
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.58
ARS90,772.75
|
$108.97
ISK15,025
|
|
|
Regular dress
from H&M or similar store
|
$74.73
ARS75,728.37
|
$49.72
ISK6,855
|
|
|
Running shoes
Nike or Adidas
|
$114.08
ARS115,602.30
|
$151.85
ISK20,938
|
|
| Men's business shoes (leather) |
$119.22
ARS120,812.12
|
$194.16
ISK26,770
|
|
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