Cost of living comparison

Valparaiso, Chile

compared to

Reykjavik, Iceland

Reykjavik vs. Valparaiso Cost of Living Summary

Reykjavik is 2.2 times more expensive than Valparaiso.

Restaurants: pay 95.1% more in Reykjavik
Groceries: pay 2.1 times more in Reykjavik
Transportation: pay 99.1% more in Reykjavik
Housing: pay 3.4 times more in Reykjavik
Childcare: pay 9.3% less in Reykjavik
Entertainment and Sports: pay 2.8 times more in Reykjavik
Clothing: pay 2.2 times more in Reykjavik

The cost of housing, entertainment and sports, clothing, groceries, transportation, and restaurants in Reykjavik are more expensive than in Valparaiso. Notably, housing, entertainment and sports, and clothing are significantly more expensive in Reykjavik.

Reykjavik vs. Valparaiso Cost Breakdown

If you lived in Reykjavik instead of Valparaiso, you would:

Display currency: USD

pay 95.1% more for restaurants

	Valparaiso	Reykjavik
Basic meal with drink at inexpensive restaurant	$11.85 CLF0.2900	$20.00 ISK2,545	+68.8%
Fast food combo meal McDonalds, or similar	$7.73 CLF0.1900	$18.02 ISK2,293	+133.2%
Bottle of Coca-Cola (11 fl. oz)	$1.64 CLF0.0400	$3.15 ISK401	+92.7%
Bottle of water (11 fl. oz)	$1.18 CLF0.0300	$2.19 ISK278	+85.7%
Average			+95.1%

Valparaiso vs. Reykjavik - Cost of restaurants

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pay 2.1 times more for groceries

	Valparaiso	Reykjavik
Bread 1 loaf	$1.48 CLF0.0400	$3.61 ISK459	+143.3%
Local cheese (8 oz)	$5.49 CLF0.1300	$7.76 ISK987	+41.4%
Milk (1 gallon)	$4.33 CLF0.1100	$6.40 ISK815	+47.8%
Eggs 1 dozen	$3.97 CLF0.1000	$5.76 ISK733	+45.1%
Boneless chicken breast (1 lb)	$2.88 CLF0.0700	$9.45 ISK1,202	+228.2%
Apples (1 lb)	$0.83 CLF0.0200	$1.40 ISK178	+69.3%
Bananas (1 lb)	$0.64 CLF0.0200	$1.01 ISK128	+57.1%
Oranges (1 lb)	$0.68 CLF0.0200	$1.22 ISK155	+79.7%
Tomatoes (1 lb)	$0.62 CLF0.0200	$2.22 ISK283	+259.3%
Potatoes (1 lb)	$0.57 CLF0.0100	$1.43 ISK183	+150.7%
Onions (1 lb)	$0.62 CLF0.0200	$0.93 ISK119	+51.2%
Average			+106.6%

Valparaiso vs. Reykjavik - Cost of groceries

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pay 99.1% more for transportation

	Valparaiso	Reykjavik
Gasoline (1 gallon)	$5.14 CLF0.1300	$8.50 ISK1,082	+65.5%
Monthly public transit pass	$51.50 CLF1.2700	$74.95 ISK9,538	+45.5%
New Volkswagen Golf 1.4 (standard edition)	$14,394.25 CLF353.8800	$42,450.45 ISK5,401,820	+194.9%
Taxi trip in downtown area (5 miles)	$12.62 CLF0.3100	$24.05 ISK3,060	+90.6%
Average			+99.1%

Valparaiso vs. Reykjavik - Cost of transportation

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pay 3.4 times more for housing

	Valparaiso	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$20.87 CLF0.5100	$69.87 ISK8,890	+234.8%
1-Bedroom apartment in downtown area	$412.00 CLF10.1300	$1,971.17 ISK250,832	+378.4%
1-Bedroom apartment outside city center	$360.50 CLF8.8600	$1,803.44 ISK229,488	+400.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$104.63 CLF2.5700	$53.95 ISK6,866	-48.4%
Average			+241.3%

Valparaiso vs. Reykjavik - Cost of housing

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pay 9.3% less for childcare

	Valparaiso	Reykjavik
Private preschool for 1 child, monthly	$387.70 CLF9.5300	$252.14 ISK32,085	-35.0%
Middle school for 1 child, two semesters	$5,150.00 CLF126.6100	$5,993.99 ISK762,736	+16.4%
Average			-9.3%

Valparaiso vs. Reykjavik - Cost of childcare

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pay 2.8 times more for entertainment and sports

	Valparaiso	Reykjavik
Domestic/local beer (1 pint)	$2.83 CLF0.0700	$10.81 ISK1,376	+281.7%
Cappuccino in mid-range area	$2.89 CLF0.0700	$5.31 ISK675	+83.7%
Pack of cigarettes Marlboro or similar	$4.79 CLF0.1200	$12.25 ISK1,558	+155.7%
Monthly membership at local gym	$22.66 CLF0.5600	$69.95 ISK8,901	+208.7%
Movie ticket to theater/cinema	$5.15 CLF0.1300	$14.77 ISK1,880	+186.9%
Average			+183.3%

Valparaiso vs. Reykjavik - Cost of entertainment and sports

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pay 2.2 times more for clothing

	Valparaiso	Reykjavik
Regular jeans Levi's brand	$45.32 CLF1.1100	$108.97 ISK13,867	+140.5%
Regular dress from H&M or similar store	$30.90 CLF0.7600	$49.72 ISK6,327	+60.9%
Running shoes Nike or Adidas	$59.23 CLF1.4600	$151.85 ISK19,323	+156.4%
Men's business shoes (leather)	$82.04 CLF2.0200	$194.16 ISK24,707	+136.7%
Average			+123.6%

Valparaiso vs. Reykjavik - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2025

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