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
ISK2,670
|
$8.59
ARS8,568.65
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$6.73
ARS6,710.94
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$1.32
ARS1,317.78
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$1.00
ARS999.84
|
|
pay 45.7% less for groceries
|
Iceland
|
Argentina
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$1.43
ARS1,423.89
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$3.84
ARS3,824.96
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$4.28
ARS4,266.72
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$1.79
ARS1,786.69
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$2.64
ARS2,633.80
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$0.91
ARS903.34
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$0.85
ARS845.57
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$0.64
ARS642.48
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$1.01
ARS1,003.83
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.46
ARS462.50
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.46
ARS455.62
|
|
pay 55.4% less for transportation
|
Iceland
|
Argentina
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$3.66
ARS3,650.85
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$13.28
ARS13,240.33
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$28,930.00
ARS28,849,709.47
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$9.90
ARS9,868.78
|
|
pay 67.4% less for housing
|
Iceland
|
Argentina
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$19.37
ARS19,313.31
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$303.40
ARS302,561.48
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$221.72
ARS221,100.19
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$41.92
ARS41,807.01
|
|
pay 42.7% less for childcare
|
Iceland
|
Argentina
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$173.69
ARS173,205.46
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$2,841.72
ARS2,833,832.53
|
|
pay 70.3% less for entertainment and sports
|
Iceland
|
Argentina
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$1.81
ARS1,804.23
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$2.09
ARS2,080.58
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$2.36
ARS2,350.96
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$18.92
ARS18,865.33
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$4.76
ARS4,750.53
|
|
pay 21.4% less for clothing
|
Iceland
|
Argentina
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$79.59
ARS79,372.98
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$69.14
ARS68,951.61
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$107.64
ARS107,339.73
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$100.20
ARS99,918.51
|
|
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