Last update: Oct 2026
Cost of Living Comparison Between Buenos Aires and Iceland
For one person, living is cheaper in Buenos Aires: $1,685 a month against $3,841 in Iceland, rent and utilities included – about $25,900 less a year. Rent and utilities account for most of the difference.
-
Buenos Aires Living Index81Cost of Living Index in Buenos AiresLearn more -
Iceland Living Index185Cost of Living Index in IcelandLearn more
🙂 Solo nomad: Buenos Aires is 44.8% cheaper than Iceland without rent, and 56.1% cheaper with rent.
🙂 Family of 3: Buenos Aires is 47% cheaper than Iceland without rent, and 46.2% cheaper with rent.
🍽 Eating Out
Buenos Aires
Iceland
Difference
Meal at Budget Restaurant
$18.73 ARS 28.4K
$27.37 ISK 3,337
-31.57%
Three-Course Dinner for Two, Mid-Range
$64.5 ARS 97.8K
$125 ISK 15.2K
-48.36%
Fast Food Meal (McDonalds, etc)
$12.88 ARS 19.5K
$24.08 ISK 2,937
-46.51%
Cappuccino
$3.98 ARS 6,029
$6.19 ISK 755
-35.70%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.05 ARS 3,103
$3.15 ISK 384
-34.92%
Water (0.33 liter bottle)
$1.55 ARS 2,349
$2.99 ISK 365
-48.16%
Local Beer (0.5 liter draught)
$3.84 ARS 5,830
$12.47 ISK 1,521
-69.21%
Imported Beer (0.33 liter bottle)
$4.60 ARS 6,970
$12.50 ISK 1,524
-63.20%
🛒 Groceries & Markets
Buenos Aires
Iceland
Difference
Milk (1 liter)
$1.44 ARS 2,181
$2.11 ISK 258
-31.75%
White Bread (500g)
$2.46 ARS 3,738
$4.09 ISK 499
-39.85%
Rice (white) (1kg)
$1.63 ARS 2,467
$3.45 ISK 421
-52.75%
Eggs
$2.89 ARS 4,385
$7.23 ISK 882
-60.03%
Local Cheese (1kg)
$10.65 ARS 16.1K
$20.83 ISK 2,541
-48.87%
Chicken Fillets (1kg)
$10.00 ARS 15.2K
$24.61 ISK 3,001
-59.37%
Beef Round Steak (1kg)
$13.74 ARS 20.8K
$42.36 ISK 5,166
-67.56%
Apples (1kg)
$2.75 ARS 4,166
$3.17 ISK 387
-13.25%
Banana (1kg)
$2.18 ARS 3,300
$2.72 ISK 332
-19.85%
Oranges (1kg)
$1.45 ARS 2,205
$3.20 ISK 390
-54.69%
Tomato (1kg)
$1.99 ARS 3,013
$5.94 ISK 724
-66.50%
Potato (1kg)
$1.24 ARS 1,885
$3.96 ISK 483
-68.69%
Onion (1kg)
$1.27 ARS 1,921
$1.85 ISK 226
-31.35%
Lettuce (1 head)
$1.70 ARS 2,575
$3.62 ISK 441
-53.04%
Water (1.5 liter bottle)
$1.73 ARS 2,617
$1.93 ISK 236
-10.36%
Cigarettes 20 Pack (Marlboro, Camel)
$4.18 ARS 6,337
$14.12 ISK 1,721
-70.40%
Wine (Bottle)
$5.80 ARS 8,790
$23.36 ISK 2,849
-75.17%
Local Beer (0.5 liter bottle)
$2.09 ARS 3,163
$3.72 ISK 454
-43.82%
Imported Beer (0.33 liter bottle)
$2.77 ARS 4,198
$3.25 ISK 396
-14.77%
🚌 Getting Around
Buenos Aires
Iceland
Difference
One-way Ticket (Public Transport)
$0.75 ARS 1,132
$5.54 ISK 676
-86.46%
Public Transport Monthly Pass (Regular Price)
$27.15 ARS 41.2K
$92.7 ISK 11.3K
-70.71%
Taxi Start (Normal Tariff)
$1.62 ARS 2,451
$6.87 ISK 838
-76.42%
Taxi (Normal Tariff) (1km)
$0.98 ARS 1,481
$2.90 ISK 354
-66.21%
Taxi 1hour Waiting (Normal Tariff)
$7.72 ARS 11.7K
$81.6 ISK 9,947
-90.53%
Gasoline (1 liter)
$1.36 ARS 2,058
$2.36 ISK 288
-42.37%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.0K ARS 42.5M
$50.2K ISK 6.1M
-44.23%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.5K ARS 52.4M
$53.5K ISK 6.5M
-35.50%
🧾 Monthly Utilities & Internet
Buenos Aires
Iceland
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$216 ARS 326.9K
$96.5 ISK 11.8K
123.34%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.61 ARS 38.8K
$30.37 ISK 3,704
-15.67%
Internet (50+ Mbps, Unlimited Data)
$31.36 ARS 47.6K
$88.0 ISK 10.7K
-64.34%
🎉 Sport & Entertainment
Buenos Aires
Iceland
Difference
Gym Membership (Monthly)
$49.82 ARS 75.6K
$89.8 ISK 11.0K
-44.55%
Tennis Court (1 Hour on Weekend)
$17.06 ARS 25.9K
$50.7 ISK 6,183
-66.35%
Cinema Ticket
$10.43 ARS 15.8K
$18.98 ISK 2,314
-45.05%
🧸 Childcare & Education
Buenos Aires
Iceland
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$466 ARS 706.7K
$1,053 ISK 128.4K
-55.75%
International Primary School, 1 Child (Yearly)
$9,057 ARS 13.7M
$30.4K ISK 3.7M
-70.22%
👕👟 Clothing & Footwear
Buenos Aires
Iceland
Difference
Jeans (Levis 501 Or Similar)
$122 ARS 185.2K
$154 ISK 18.8K
-20.95%
Summer Dress (H&M, Zara, etc)
$97.4 ARS 147.8K
$48.13 ISK 5,869
102.45%
Sport Shoes (Adidas, Nike)
$117 ARS 177.4K
$175 ISK 21.4K
-33.30%
Men's Leather Business Shoes
$140 ARS 211.9K
$231 ISK 28.2K
-39.56%
🏠 Accommodation & Living
Buenos Aires
Iceland
Difference
1-bedroom Apartment, City Center (Monthly)
$763 ARS 1.2M
$2,476 ISK 301.9K
-69.17%
1-bedroom Apartment, Outside City Center (Monthly)
$505 ARS 766.1K
$1,968 ISK 240.0K
-74.33%
3-bedroom Apartment, City Center (Monthly)
$1,598 ARS 2.4M
$3,333 ISK 406.4K
-52.04%
3-bedroom Apartment, Outside City Center (Monthly)
$1,185 ARS 1.8M
$2,708 ISK 330.2K
-56.24%
Buy Apartment in City Center (m2)
$2,678 ARS 4.1M
$7,695 ISK 938.4K
-65.19%
Buy Apartment Outside City Center (m2)
$1,858 ARS 2.8M
$6,295 ISK 767.7K
-70.48%
💵 Salaries & Financials
Buenos Aires
Iceland
Difference
Average Monthly Net Salary (After Tax)
$954 ARS 1.4M
$4,795 ISK 584.8K
-80.10%
20-Year Fixed Mortgage Interest Rate (Annual %)
57.25
9.29
516.25%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Buenos Aires: October 6, 2026
Last update for Iceland: October 3, 2026
Monthly budget structure
Share of the monthly basket for one person, rent included.
Share of the monthly basket for a family of three, rent included.
Accommodation & Living
Buenos Aires $505 30.4%
Iceland $2K 51.6% 290% $1.5K
Groceries & Markets
Buenos Aires $284 17.1%
Iceland $617 16.2% 117% $333
Eating Out
Buenos Aires $279 16.8%
Iceland $477 12.5% 71.1% $198
Monthly Utilities & Internet
Buenos Aires $273 16.4%
Iceland $215 5.6% 21.2% $58
Clothing & Footwear
Buenos Aires $214 12.9%
Iceland $274 7.2% 27.9% $60
Sport & Entertainment
Buenos Aires $71 4.3%
Iceland $128 3.4% 80.8% $57
Getting Around
Buenos Aires $37 2.2%
Iceland $136 3.6% 272% $100
Accommodation & Living
Buenos Aires $1.2K 31.7%
Iceland $2.7K 37.8% 129% $1.5K
Groceries & Markets
Buenos Aires $658 17.6%
Iceland $1.4K 20.1% 118% $778
Eating Out
Buenos Aires $890 23.8%
Iceland $1.6K 22% 76.7% $683
Monthly Utilities & Internet
Buenos Aires $298 8%
Iceland $245 3.4% 17.8% $53
Clothing & Footwear
Buenos Aires $476 12.7%
Iceland $609 8.5% 27.9% $133
Sport & Entertainment
Buenos Aires $158 4.2%
Iceland $306 4.3% 93.3% $148
Getting Around
Buenos Aires $75 2%
Iceland $284 4% 279% $209
Good to know
🇦🇷 Buenos Aires
🇮🇸 Iceland
Weather
Population
2,891,082 Capital
364,260
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Buenos Aires Iceland 11,440 km ≈ 15 h nonstop flight
From you
- Buenos Aires
- Iceland
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 other spots: cost of living compared
Buenos Aires
🇦🇷 Argentina
$1,685
/mo nomad
Mexico City
🇲🇽 Mexico
$1,561
/mo nomad
Buenos Aires
🇦🇷 Argentina
$1,685
/mo nomad
Rio de Janeiro
🇧🇷 Brazil
$1,285
/mo nomad
Buenos Aires
🇦🇷 Argentina
$1,685
/mo nomad
Santiago
🇨🇱 Chile
$1,206
/mo nomad
Buenos Aires
🇦🇷 Argentina
$1,685
/mo nomad
Montevideo
🇺🇾 Uruguay
$1,813
/mo nomad
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