Last update: Oct 2026

Cost of Living Comparison Between Antofagasta and Reykjavik

For one person, living is cheaper in Antofagasta: $888 a month against $4,002 in Reykjavik, rent and utilities included – about $37,400 less a year. Rent and utilities account for most of the difference.

43

Cost of Living Index in Antofagasta
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Antofagasta Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

Jump to prices

Antofagasta

🇨🇱 Chile

$888

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

How much you'll spend in Antofagasta and in Reykjavik

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Antofagasta and in Reykjavik actually costs, broken down by who's living it.

Monthly costs for one person with rent: $888 in Antofagasta versus $4,002 in Reykjavik.

Antofagasta $888
Reykjavik $4,002

Estimated couple costs with rent: $1,416 in Antofagasta versus $5,705 in Reykjavik.

Antofagasta $1,416
Reykjavik $5,705

Monthly costs for a family of three with rent: $1,944 in Antofagasta versus $7,407 in Reykjavik.

Antofagasta $1,944
Reykjavik $7,407

Living in Antofagasta costs roughly 78% less than in Reykjavik, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Antofagasta is 34% below, Reykjavik is 196% above.

Meal at Budget Restaurant

$7.05 CLP 6,935

$31.56 ISK 3,828

-77.66%

Three-Course Dinner for Two, Mid-Range

$35.93 CLP 35.4K

$122 ISK 14.8K

-70.63%

Fast Food Meal (McDonalds, etc)

$7.29 CLP 7,179

$26.86 ISK 3,258

-72.86%

Cappuccino

$2.57 CLP 2,528

$6.81 ISK 827

-62.26%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.28 CLP 1,264

$3.39 ISK 411

-62.24%

Water (0.33 liter bottle)

$0.88 CLP 862

$3.20 ISK 388

-72.50%

Local Beer (0.5 liter draught)

$1.51 CLP 1,488

$14.14 ISK 1,715

-89.32%

Imported Beer (0.33 liter bottle)

$1.79 CLP 1,765

$12.31 ISK 1,493

-85.46%

Milk (1 liter)

$1.07 CLP 1,054

$2.10 ISK 255

-49.05%

White Bread (500g)

$1.86 CLP 1,834

$4.19 ISK 508

-55.61%

Rice (white) (1kg)

$1.22 CLP 1,199

$3.72 ISK 451

-67.20%

Eggs

$2.59 CLP 2,553

$7.05 ISK 856

-63.26%

Local Cheese (1kg)

$9.02 CLP 8,878

$21.56 ISK 2,615

-58.16%

Chicken Fillets (1kg)

$3.31 CLP 3,260

$24.68 ISK 2,993

-86.59%

Beef Round Steak (1kg)

$7.72 CLP 7,599

$42.19 ISK 5,117

-81.70%

Apples (1kg)

$2.03 CLP 1,996

$3.23 ISK 392

-37.15%

Banana (1kg)

$2.26 CLP 2,223

$2.73 ISK 331

-17.22%

Oranges (1kg)

$2.85 CLP 2,809

$3.17 ISK 384

-10.09%

Tomato (1kg)

$1.10 CLP 1,081

$6.61 ISK 802

-83.36%

Potato (1kg)

$0.88 CLP 864

$3.85 ISK 467

-77.14%

Onion (1kg)

$0.78 CLP 772

$1.66 ISK 201

-53.01%

Lettuce (1 head)

$1.30 CLP 1,283

$3.80 ISK 461

-65.79%

Water (1.5 liter bottle)

$1.12 CLP 1,102

$1.75 ISK 212

-36.00%

Cigarettes 20 Pack (Marlboro, Camel)

$5.29 CLP 5,209

$13.71 ISK 1,662

-61.42%

Wine (Bottle)

$5.13 CLP 5,048

$24.21 ISK 2,937

-78.81%

Local Beer (0.5 liter bottle)

$1.35 CLP 1,328

$3.53 ISK 428

-61.76%

Imported Beer (0.33 liter bottle)

$1.01 CLP 992

$3.32 ISK 402

-69.58%

One-way Ticket (Public Transport)

$0.62 CLP 613

$5.75 ISK 697

-89.22%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$2.63 CLP 2,584

$6.61 ISK 802

-60.21%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

Gasoline (1 liter)

$1.34 CLP 1,318

$2.09 ISK 253

-35.89%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$51.0K ISK 6.2M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$17.5K CLP 17.2M

$53.3K ISK 6.5M

-67.15%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$46.23 CLP 45.5K

$95.3 ISK 11.6K

-51.47%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$9.82 CLP 9,669

$32.35 ISK 3,923

-69.64%

Internet (50+ Mbps, Unlimited Data)

$12.54 CLP 12.3K

$87.5 ISK 10.6K

-85.68%

Gym Membership (Monthly)

$41.34 CLP 40.7K

$102 ISK 12.4K

-59.41%

Tennis Court (1 Hour on Weekend)

$25.15 CLP 24.8K

$50.1 ISK 6,074

-49.78%

Cinema Ticket

$5.17 CLP 5,086

$19.88 ISK 2,412

-73.99%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$255 CLP 250.6K

$1,194 ISK 144.8K

-78.68%

International Primary School, 1 Child (Yearly)

$3,160 CLP 3.1M

$25.4K ISK 3.1M

-87.56%

Jeans (Levis 501 Or Similar)

$39.01 CLP 38.4K

$149 ISK 18.1K

-73.82%

Summer Dress (H&M, Zara, etc)

$15.18 CLP 14.9K

$66.6 ISK 8,080

-77.21%

Sport Shoes (Adidas, Nike)

$58.3 CLP 57.4K

$180 ISK 21.8K

-67.61%

Men's Leather Business Shoes

$67.7 CLP 66.6K

$253 ISK 30.7K

-73.27%

1-bedroom Apartment, City Center (Monthly)

$437 CLP 430.0K

$2,549 ISK 309.2K

-82.86%

1-bedroom Apartment, Outside City Center (Monthly)

$359 CLP 352.9K

$2,056 ISK 249.4K

-82.56%

3-bedroom Apartment, City Center (Monthly)

$811 CLP 798.7K

$3,498 ISK 424.2K

-76.80%

3-bedroom Apartment, Outside City Center (Monthly)

$659 CLP 648.9K

$2,764 ISK 335.2K

-76.15%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

Average Monthly Net Salary (After Tax)

$711 CLP 700.2K

$4,573 ISK 554.6K

-84.44%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Antofagasta: October 12, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Antofagasta

$359 40.4%

Reykjavik

$2.1K 51.4% 473% $1.7K

Groceries & Markets

Antofagasta

$194 21.8%

Reykjavik

$623 15.6% 221% $429

Eating Out

Antofagasta

$129 14.5%

Reykjavik

$536 13.4% 316% $408

Clothing & Footwear

Antofagasta

$81 9.1%

Reykjavik

$292 7.3% 260% $211

Monthly Utilities & Internet

Antofagasta

$69 7.7%

Reykjavik

$215 5.4% 214% $147

Sport & Entertainment

Antofagasta

$52 5.8%

Reykjavik

$142 3.5% 174% $90

Getting Around

Antofagasta

$5.1 * 0.6%

Reykjavik

$138 3.5% 2594% $133

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $437 in Antofagasta and $2,549 in Reykjavik. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 543% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $36.00 in Antofagasta vs $122 in Reykjavik for a mid-range dinner for two. Groceries echo the gap at $194 vs $623 per month, with Antofagasta cheaper across the board.

Good to know

🇨🇱 Antofagasta

🇮🇸 Reykjavik

🕒 Local time

12:18 12:18 PM

15:18 3:18 PM

3 h ahead of Antofagasta

🌤 Weather

👥 Population

348,517

136,894 Capital

💱 Currency

Chilean Peso CLP $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

Exchange rates and currency converter

ISK, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of October 19, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

Icelandic Króna exchange rates as of October 19, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

USD to CLP in detail →

On the map

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Highest

Between locations

Antofagasta Reykjavik 10,620 km ≈ 14 h nonstop flight

From you

Antofagasta
Reykjavik

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Antofagasta vs Reykjavik: Cost of Living - Frequently Asked Questions

Antofagasta wins on cost – living expenses run 351% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Antofagasta the obvious pick if budget is a priority.

On paper, salaries run 543% lower in Reykjavik. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $437 in Antofagasta versus $2,549 in Reykjavik. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $255 in Antofagasta versus $1,194 in Reykjavik. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Antofagasta – a meal for two runs $36.00 versus $122 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

At $888 in Antofagasta versus $4,002 in Reykjavik, a $1,000 budget is realistic in Antofagasta but tight or insufficient in Reykjavik. The gap between the two cities makes Antofagasta the clear choice for anyone on this budget.

Both work as nomad bases, but Antofagasta delivers better value – similar infrastructure at $888 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Antofagasta hard to pass up.

Safety-wise, Antofagasta and Reykjavik are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Antofagasta gentler on the wallet – expenses run 351% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.