Cost of living comparison
Argentina is 51.1% cheaper than Iceland.
If you lived in Argentina instead of Iceland, you would:
pay 54.9% less for restaurants
|
Iceland
|
Argentina
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,699
|
$8.59
ARS8,780.57
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,357
|
$6.73
ARS6,876.91
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK391
|
$1.32
ARS1,350.37
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK281
|
$1.00
ARS1,024.57
|
|
pay 45.7% less for groceries
|
Iceland
|
Argentina
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK411
|
$1.43
ARS1,459.10
|
|
| Local cheese (8 oz) |
$7.27
ISK1,011
|
$3.84
ARS3,919.55
|
|
| Milk (1 gallon) |
$6.01
ISK836
|
$4.28
ARS4,372.24
|
|
|
Eggs
1 dozen
|
$5.42
ISK754
|
$1.79
ARS1,830.88
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,184
|
$2.64
ARS2,698.94
|
|
| Apples (1 lb) |
$1.22
ISK170
|
$0.91
ARS925.69
|
|
| Bananas (1 lb) |
$1.03
ISK143
|
$0.85
ARS866.48
|
|
| Oranges (1 lb) |
$1.17
ISK163
|
$0.64
ARS658.37
|
|
| Tomatoes (1 lb) |
$1.87
ISK261
|
$1.01
ARS1,028.66
|
|
| Potatoes (1 lb) |
$1.23
ISK172
|
$0.46
ARS473.93
|
|
| Onions (1 lb) |
$0.78
ISK109
|
$0.46
ARS466.88
|
|
pay 55.4% less for transportation
|
Iceland
|
Argentina
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,163
|
$3.66
ARS3,741.14
|
|
| Monthly public transit pass |
$71.28
ISK9,917
|
$13.28
ARS13,567.78
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,657,118
|
$28,930.00
ARS29,563,205.09
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,066
|
$9.90
ARS10,112.85
|
|
pay 67.4% less for housing
|
Iceland
|
Argentina
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,042
|
$19.37
ARS19,790.96
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK255,726
|
$303.40
ARS310,044.27
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK208,385
|
$221.72
ARS226,568.32
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,072
|
$41.92
ARS42,840.96
|
|
pay 42.7% less for childcare
|
Iceland
|
Argentina
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,918
|
$173.69
ARS177,489.08
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$2,841.72
ARS2,903,917.37
|
|
pay 70.3% less for entertainment and sports
|
Iceland
|
Argentina
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,278
|
$1.81
ARS1,848.85
|
|
| Cappuccino in mid-range area |
$4.65
ISK647
|
$2.09
ARS2,132.03
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,636
|
$2.36
ARS2,409.10
|
|
| Monthly membership at local gym |
$61.46
ISK8,551
|
$18.92
ARS19,331.90
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,996
|
$4.76
ARS4,868.02
|
|
pay 21.4% less for clothing
|
Iceland
|
Argentina
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,476
|
$79.59
ARS81,335.99
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,305
|
$69.14
ARS70,656.89
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,591
|
$107.64
ARS109,994.40
|
|
| Men's business shoes (leather) |
$184.49
ISK25,669
|
$100.20
ARS102,389.64
|
|
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