Cost of living comparison
Buenos Aires is 44.5% cheaper than Reykjavik.
If you lived in Buenos Aires instead of Reykjavik, you would:
pay 50.4% less for restaurants
|
Reykjavik
|
Buenos Aires
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,783
|
$11.00
ARS11,240.76
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,507
|
$8.49
ARS8,675.82
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK439
|
$1.47
ARS1,501.48
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK304
|
$1.08
ARS1,108.26
|
|
pay 44.9% less for groceries
|
Reykjavik
|
Buenos Aires
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK502
|
$2.16
ARS2,202.24
|
|
| Local cheese (8 oz) |
$7.76
ISK1,079
|
$5.19
ARS5,306.66
|
|
| Milk (1 gallon) |
$6.40
ISK891
|
$5.04
ARS5,150.88
|
|
|
Eggs
1 dozen
|
$5.76
ISK801
|
$2.31
ARS2,357.25
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,314
|
$2.80
ARS2,864.11
|
|
| Apples (1 lb) |
$1.40
ISK195
|
$0.92
ARS944.57
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.87
ARS893.83
|
|
| Oranges (1 lb) |
$1.22
ISK169
|
$0.61
ARS619.10
|
|
| Tomatoes (1 lb) |
$2.22
ISK309
|
$1.00
ARS1,021.49
|
|
| Potatoes (1 lb) |
$1.43
ISK200
|
$0.43
ARS436.37
|
|
| Onions (1 lb) |
$0.93
ISK130
|
$0.51
ARS516.42
|
|
pay 64.7% less for transportation
|
Reykjavik
|
Buenos Aires
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,183
|
$3.50
ARS3,581.50
|
|
| Monthly public transit pass |
$74.95
ISK10,428
|
$11.00
ARS11,240.76
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,906,131
|
$23,250.00
ARS23,758,884.14
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,346
|
$7.35
ARS7,510.87
|
|
pay 57.2% less for housing
|
Reykjavik
|
Buenos Aires
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,720
|
$23.79
ARS24,315.17
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK274,249
|
$513.68
ARS524,920.48
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK250,913
|
$357.39
ARS365,214.77
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,507
|
$49.23
ARS50,311.14
|
|
pay 19.7% less for childcare
|
Reykjavik
|
Buenos Aires
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,080
|
$216.50
ARS221,238.64
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$4,476.88
ARS4,574,864.66
|
|
pay 67.0% less for entertainment and sports
|
Reykjavik
|
Buenos Aires
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,504
|
$1.80
ARS1,839.16
|
|
| Cappuccino in mid-range area |
$5.31
ISK738
|
$2.98
ARS3,049.45
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,704
|
$2.40
ARS2,452.53
|
|
| Monthly membership at local gym |
$69.95
ISK9,732
|
$27.22
ARS27,814.65
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,056
|
$5.00
ARS5,109.44
|
|
pay 7.8% less for clothing
|
Reykjavik
|
Buenos Aires
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,161
|
$89.58
ARS91,535.57
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,918
|
$74.73
ARS76,364.76
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,127
|
$114.08
ARS116,573.78
|
|
| Men's business shoes (leather) |
$194.16
ISK27,013
|
$119.22
ARS121,827.38
|
|
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