Last update: Oct 2026

Cost of Living Comparison Between Buenos Aires and Egilsstadir

For one person, living is cheaper in Egilsstadir: $623 a month against $1,685 in Buenos Aires, rent and utilities included – about $12,700 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Buenos Aires
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Buenos Aires Living Index

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Buenos Aires

🇦🇷 Argentina

$1,685

/mo nomad

Egilsstadir

🇮🇸 Iceland

$623

/mo nomad

Monthly Cost of Living

How much you'll spend in Buenos Aires and in Egilsstadir

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

Monthly costs for one person with rent: $1,685 in Buenos Aires versus $623 in Egilsstadir.

Buenos Aires $1,685
Egilsstadir $623

Estimated couple costs with rent: $2,742 in Buenos Aires versus $1,044 in Egilsstadir.

Buenos Aires $2,742
Egilsstadir $1,044

Monthly costs for a family of three with rent: $3,799 in Buenos Aires versus $1,465 in Egilsstadir.

Buenos Aires $3,799
Egilsstadir $1,465

Living in Buenos Aires is roughly 170% more expensive than in Egilsstadir, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Buenos Aires is 26% above, Egilsstadir is 53% below.

Meal at Budget Restaurant

$18.73 ARS 28.4K

Three-Course Dinner for Two, Mid-Range

$64.5 ARS 97.8K

Fast Food Meal (McDonalds, etc)

$12.88 ARS 19.5K

Cappuccino

$3.98 ARS 6,029

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

$2.05 ARS 3,103

Water (0.33 liter bottle)

$1.55 ARS 2,349

Local Beer (0.5 liter draught)

$3.84 ARS 5,830

Imported Beer (0.33 liter bottle)

$4.60 ARS 6,970

Milk (1 liter)

$1.44 ARS 2,181

$1.70 ISK 207

-15.29%

White Bread (500g)

$2.46 ARS 3,738

$2.85 ISK 348

-13.68%

Rice (white) (1kg)

$1.63 ARS 2,467

$2.48 ISK 302

-34.27%

Eggs

$2.89 ARS 4,385

$5.85 ISK 713

-50.60%

Local Cheese (1kg)

$10.65 ARS 16.1K

$22.28 ISK 2,717

-52.20%

Chicken Fillets (1kg)

$10.00 ARS 15.2K

$33.23 ISK 4,052

-69.91%

Beef Round Steak (1kg)

$13.74 ARS 20.8K

$43.56 ISK 5,312

-68.46%

Apples (1kg)

$2.75 ARS 4,166

$2.70 ISK 329

1.85%

Banana (1kg)

$2.18 ARS 3,300

$2.45 ISK 298

-11.02%

Oranges (1kg)

$1.45 ARS 2,205

$2.54 ISK 310

-42.91%

Tomato (1kg)

$1.99 ARS 3,013

$3.85 ISK 469

-48.31%

Potato (1kg)

$1.24 ARS 1,885

$4.40 ISK 536

-71.82%

Onion (1kg)

$1.27 ARS 1,921

$2.11 ISK 257

-39.81%

Lettuce (1 head)

$1.70 ARS 2,575

$2.20 ISK 268

-22.73%

Water (1.5 liter bottle)

$1.73 ARS 2,617

$2.22 ISK 271

-22.07%

Cigarettes 20 Pack (Marlboro, Camel)

$4.18 ARS 6,337

Wine (Bottle)

$5.80 ARS 8,790

$22.37 ISK 2,728

-74.07%

Local Beer (0.5 liter bottle)

$2.09 ARS 3,163

$3.99 ISK 487

-47.62%

Imported Beer (0.33 liter bottle)

$2.77 ARS 4,198

$3.56 ISK 434

-22.19%

One-way Ticket (Public Transport)

$0.75 ARS 1,132

Public Transport Monthly Pass (Regular Price)

$27.15 ARS 41.2K

Taxi Start (Normal Tariff)

$1.62 ARS 2,451

$6.11 ISK 745

-73.49%

Taxi (Normal Tariff) (1km)

$0.98 ARS 1,481

Taxi 1hour Waiting (Normal Tariff)

$7.72 ARS 11.7K

Gasoline (1 liter)

$1.36 ARS 2,058

$2.33 ISK 284

-41.63%

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

$28.0K ARS 42.5M

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

$34.5K ARS 52.4M

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

$216 ARS 326.9K

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

$25.61 ARS 38.8K

Internet (50+ Mbps, Unlimited Data)

$31.36 ARS 47.6K

Gym Membership (Monthly)

$49.82 ARS 75.6K

Tennis Court (1 Hour on Weekend)

$17.06 ARS 25.9K

Cinema Ticket

$10.43 ARS 15.8K

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

$466 ARS 706.7K

International Primary School, 1 Child (Yearly)

$9,057 ARS 13.7M

Jeans (Levis 501 Or Similar)

$122 ARS 185.2K

Summer Dress (H&M, Zara, etc)

$97.4 ARS 147.8K

Sport Shoes (Adidas, Nike)

$117 ARS 177.4K

Men's Leather Business Shoes

$140 ARS 211.9K

1-bedroom Apartment, City Center (Monthly)

$763 ARS 1.2M

1-bedroom Apartment, Outside City Center (Monthly)

$505 ARS 766.1K

3-bedroom Apartment, City Center (Monthly)

$1,598 ARS 2.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,185 ARS 1.8M

Buy Apartment in City Center (m2)

$2,678 ARS 4.1M

Buy Apartment Outside City Center (m2)

$1,858 ARS 2.8M

Average Monthly Net Salary (After Tax)

$954 ARS 1.4M

20-Year Fixed Mortgage Interest Rate (Annual %)

57.25

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

Last update for Buenos Aires: October 6, 2026

Last update for Egilsstadir: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Buenos Aires

$505 30.4%

Egilsstadir

–

Groceries & Markets

Buenos Aires

$284 17.1%

Egilsstadir

–

Eating Out

Buenos Aires

$279 16.8%

Egilsstadir

–

Monthly Utilities & Internet

Buenos Aires

$273 16.4%

Egilsstadir

–

Clothing & Footwear

Buenos Aires

$214 12.9%

Egilsstadir

–

Sport & Entertainment

Buenos Aires

$71 4.3%

Egilsstadir

–

Getting Around

Buenos Aires

$37 2.2%

Egilsstadir

–

Good to know

🇦🇷 Buenos Aires

🇮🇸 Egilsstadir

🕒 Local time

08:56 8:56 AM

11:56 11:56 AM

3 h ahead of Buenos Aires

🌤 Weather

👥 Population

2,891,082 Capital

2,500

💱 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 = 7.32 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 = 1,699 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 = 7.32 EUR).

USD to ARS in detail →

On the map

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Between locations

Buenos Aires Egilsstadir 11,740 km ≈ 15 h nonstop flight

From you

Buenos Aires
Egilsstadir

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

Buenos Aires vs Egilsstadir: Cost of Living - Frequently Asked Questions

Buenos Aires and Egilsstadir differ by about 170% in total monthly costs ($1,685 vs $623 including rent). Egilsstadir is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $2,528 in Buenos Aires and $935 in Egilsstadir to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Shoppers in Buenos Aires pay roughly 120% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,685 per month in Buenos Aires versus $623 in Egilsstadir – a 170% gap that adds up to real savings over time for anyone picking the cheaper option.

At $623 in Egilsstadir versus $1,685 in Buenos Aires, a $1,500 budget is realistic in Egilsstadir but tight or insufficient in Buenos Aires. The gap between the two cities makes Egilsstadir the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Buenos Aires and Egilsstadir 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 Egilsstadir gentler on the wallet – expenses run 170% less than in Buenos Aires. Beyond cost, consider language, visa policies, and how big the international community is in each city.