Last update: Oct 2026

Cost of Living Comparison Between Argentina and Reykjavik

For one person, living is cheaper in Argentina: $1,340 a month against $4,037 in Reykjavik, rent and utilities included – about $32,400 less a year. Rent and utilities account for most of the difference.

66

Cost of Living Index in Argentina
Learn more

Argentina Living Index
193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index

Jump to prices

🇦🇷 Argentina

$1,340

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

🙂 Solo nomad: Argentina is 55.2% cheaper than Reykjavik without rent, and 66.8% cheaper with rent.

🙂 Family of 3: Argentina is 56.5% cheaper than Reykjavik without rent, and 58% cheaper with rent.

Meal at Budget Restaurant

$14.41 ARS 21.9K

$30.59 ISK 3,730

-52.89%

Three-Course Dinner for Two, Mid-Range

$54.1 ARS 82.0K

$136 ISK 16.5K

-60.11%

Fast Food Meal (McDonalds, etc)

$13.04 ARS 19.8K

$27.08 ISK 3,302

-51.85%

Cappuccino

$3.51 ARS 5,325

$6.72 ISK 819

-47.77%

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

$2.18 ARS 3,305

$3.27 ISK 399

-33.33%

Water (0.33 liter bottle)

$1.60 ARS 2,424

$3.16 ISK 386

-49.37%

Local Beer (0.5 liter draught)

$3.68 ARS 5,587

$13.91 ISK 1,696

-73.54%

Imported Beer (0.33 liter bottle)

$4.04 ARS 6,133

$12.06 ISK 1,470

-66.50%

Milk (1 liter)

$1.36 ARS 2,062

$2.04 ISK 248

-33.33%

White Bread (500g)

$2.31 ARS 3,505

$4.32 ISK 527

-46.53%

Rice (white) (1kg)

$1.82 ARS 2,760

$3.67 ISK 447

-50.41%

Eggs

$2.64 ARS 3,999

$7.02 ISK 856

-62.39%

Local Cheese (1kg)

$10.22 ARS 15.5K

$22.01 ISK 2,684

-53.57%

Chicken Fillets (1kg)

$8.49 ARS 12.9K

$24.70 ISK 3,012

-65.63%

Beef Round Steak (1kg)

$11.71 ARS 17.8K

$42.66 ISK 5,202

-72.55%

Apples (1kg)

$2.51 ARS 3,809

$3.37 ISK 412

-25.52%

Banana (1kg)

$2.08 ARS 3,155

$2.85 ISK 347

-27.02%

Oranges (1kg)

$1.39 ARS 2,112

$3.17 ISK 387

-56.15%

Tomato (1kg)

$2.32 ARS 3,524

$6.39 ISK 779

-63.69%

Potato (1kg)

$1.15 ARS 1,738

$4.01 ISK 489

-71.32%

Onion (1kg)

$1.10 ARS 1,665

$1.64 ISK 200

-32.93%

Lettuce (1 head)

$1.54 ARS 2,339

$3.80 ISK 463

-59.47%

Water (1.5 liter bottle)

$1.58 ARS 2,390

$1.74 ISK 212

-9.20%

Cigarettes 20 Pack (Marlboro, Camel)

$3.95 ARS 5,988

$13.80 ISK 1,682

-71.38%

Wine (Bottle)

$5.02 ARS 7,616

$23.38 ISK 2,851

-78.53%

Local Beer (0.5 liter bottle)

$1.90 ARS 2,882

$3.53 ISK 430

-46.18%

Imported Beer (0.33 liter bottle)

$2.94 ARS 4,455

$3.45 ISK 420

-14.78%

One-way Ticket (Public Transport)

$1.03 ARS 1,557

$5.77 ISK 704

-82.15%

Public Transport Monthly Pass (Regular Price)

$28.86 ARS 43.8K

$95.1 ISK 11.6K

-69.67%

Taxi Start (Normal Tariff)

$1.63 ARS 2,467

$6.63 ISK 808

-75.41%

Taxi (Normal Tariff) (1km)

$0.99 ARS 1,500

$2.79 ISK 341

-64.52%

Taxi 1hour Waiting (Normal Tariff)

$7.51 ARS 11.4K

$81.4 ISK 9,923

-90.77%

Gasoline (1 liter)

$1.22 ARS 1,851

$2.11 ISK 257

-42.18%

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

$26.9K ARS 40.7M

$50.8K ISK 6.2M

-47.14%

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

$33.0K ARS 50.0M

$52.7K ISK 6.4M

-37.50%

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

$145 ARS 219.8K

$88.7 ISK 10.8K

63.44%

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

$17.76 ARS 26.9K

$31.53 ISK 3,845

-43.67%

Internet (50+ Mbps, Unlimited Data)

$26.56 ARS 40.3K

$84.6 ISK 10.3K

-68.62%

Gym Membership (Monthly)

$35.19 ARS 53.4K

$100 ISK 12.2K

-64.94%

Tennis Court (1 Hour on Weekend)

$18.46 ARS 28.0K

$48.20 ISK 5,877

-61.70%

Cinema Ticket

$9.89 ARS 15.0K

$19.87 ISK 2,424

-50.23%

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

$336 ARS 509.7K

$1,277 ISK 155.8K

-73.69%

International Primary School, 1 Child (Yearly)

$6,222 ARS 9.4M

$31.0K ISK 3.8M

-79.90%

Jeans (Levis 501 Or Similar)

$111 ARS 167.7K

$161 ISK 19.6K

-31.28%

Summer Dress (H&M, Zara, etc)

$86.7 ARS 131.4K

$64.9 ISK 7,914

33.51%

Sport Shoes (Adidas, Nike)

$121 ARS 184.1K

$183 ISK 22.3K

-33.55%

Men's Leather Business Shoes

$120 ARS 181.8K

$254 ISK 31.0K

-52.77%

1-bedroom Apartment, City Center (Monthly)

$550 ARS 833.5K

$2,499 ISK 304.8K

-78.01%

1-bedroom Apartment, Outside City Center (Monthly)

$371 ARS 562.6K

$2,000 ISK 243.9K

-81.45%

3-bedroom Apartment, City Center (Monthly)

$1,071 ARS 1.6M

$3,452 ISK 421.0K

-68.96%

3-bedroom Apartment, Outside City Center (Monthly)

$818 ARS 1.2M

$2,742 ISK 334.4K

-70.19%

Buy Apartment in City Center (m2)

$2,245 ARS 3.4M

$8,001 ISK 975.7K

-71.94%

Buy Apartment Outside City Center (m2)

$1,477 ARS 2.2M

$6,249 ISK 762.1K

-76.36%

Average Monthly Net Salary (After Tax)

$783 ARS 1.2M

$4,691 ISK 572.0K

-83.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

58.21

8.81

560.73%

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

Last update for Argentina: October 5, 2026

Last update for Reykjavik: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Argentina

$371 27.5%

Reykjavik

$2K 50.9% 439% $1.6K

Groceries & Markets

Argentina

$261 19.3%

Reykjavik

$625 15.9% 139% $364

Eating Out

Argentina

$238 17.6%

Reykjavik

$526 13.4% 121% $288

Clothing & Footwear

Argentina

$197 14.6%

Reykjavik

$298 7.6% 51% $101

Monthly Utilities & Internet

Argentina

$189 14%

Reykjavik

$205 5.2% 8.2% $16

Sport & Entertainment

Argentina

$55 4.1%

Reykjavik

$140 3.6% 155% $85

Getting Around

Argentina

$40 2.9%

Reykjavik

$139 3.5% 251% $99

Good to know

🇦🇷 Argentina

🇮🇸 Reykjavik

🕒 Local time

05:42 5:42 AM

08:42 8:42 AM

3 h ahead of Argentina

🌤 Weather

👥 Population

47,327,407

136,894 Capital

💱 Currency

Argentine Peso ARS $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.88 EUR

1,000 ISK = 8.2 USD

1,000 ISK = 7.31 EUR

Exchange rates and currency converter

ISK, USD, EUR to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 10, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,701 ARS (10,000 ARS = 5.88 EUR).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

USD to ARS in detail →

On the map

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Highest

Between locations

Argentina Reykjavik 11,440 km ≈ 15 h nonstop flight

From you

Argentina
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

Argentina vs other spots: cost of living compared

Cost of Living Comparison Between Argentina and Reykjavik

ISK, USD, EUR to ARS – Argentine Peso Converter

City Median Internet Speeds Comparison (Updated April 2026)

Argentina

Reykjavik

Argentina

Reykjavik

Argentina vs other spots: cost of living compared

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