Cost of living comparison
Santiago is 34.1% cheaper than Reykjavik.
If you lived in Santiago instead of Reykjavik, you would:
pay 43.4% less for restaurants
|
Reykjavik
|
Santiago
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,783
|
$12.36
CLF0.4400
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,507
|
$8.24
CLF0.3000
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK439
|
$1.78
CLF0.0600
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK304
|
$1.37
CLF0.0500
|
|
pay 40.0% less for groceries
|
Reykjavik
|
Santiago
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK502
|
$1.48
CLF0.0500
|
|
| Local cheese (8 oz) |
$7.76
ISK1,079
|
$5.49
CLF0.2000
|
|
| Milk (1 gallon) |
$6.40
ISK891
|
$4.59
CLF0.1600
|
|
|
Eggs
1 dozen
|
$5.76
ISK801
|
$3.97
CLF0.1400
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,314
|
$2.88
CLF0.1000
|
|
| Apples (1 lb) |
$1.40
ISK195
|
$0.96
CLF0.0300
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.71
CLF0.0300
|
|
| Oranges (1 lb) |
$1.22
ISK169
|
$0.91
CLF0.0300
|
|
| Tomatoes (1 lb) |
$2.22
ISK309
|
$0.84
CLF0.0300
|
|
| Potatoes (1 lb) |
$1.43
ISK200
|
$0.80
CLF0.0300
|
|
| Onions (1 lb) |
$0.93
ISK130
|
$0.66
CLF0.0200
|
|
pay 47.3% less for transportation
|
Reykjavik
|
Santiago
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,183
|
$5.14
CLF0.1800
|
|
| Monthly public transit pass |
$74.95
ISK10,428
|
$41.20
CLF1.4800
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,906,131
|
$18,540.00
CLF664.6200
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,346
|
$12.41
CLF0.4400
|
|
pay 31.4% less for housing
|
Reykjavik
|
Santiago
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,720
|
$20.87
CLF0.7500
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK274,249
|
$513.58
CLF18.4100
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK250,913
|
$439.93
CLF15.7700
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,507
|
$104.66
CLF3.7500
|
|
pay 30.4% more for childcare
|
Reykjavik
|
Santiago
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,080
|
$387.71
CLF13.9000
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$6,421.89
CLF230.2100
|
|
pay 57.1% less for entertainment and sports
|
Reykjavik
|
Santiago
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,504
|
$2.83
CLF0.1000
|
|
| Cappuccino in mid-range area |
$5.31
ISK738
|
$3.09
CLF0.1100
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,704
|
$5.15
CLF0.1800
|
|
| Monthly membership at local gym |
$69.95
ISK9,732
|
$33.85
CLF1.2100
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,056
|
$5.87
CLF0.2100
|
|
pay 49.6% less for clothing
|
Reykjavik
|
Santiago
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,161
|
$52.80
CLF1.8900
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,918
|
$31.11
CLF1.1200
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,127
|
$73.37
CLF2.6300
|
|
| Men's business shoes (leather) |
$194.16
ISK27,013
|
$82.04
CLF2.9400
|
|
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