Last update: Oct 2026

Cost of Living Comparison Between Buenos Aires and Reykjahlid

For one person, living is cheaper in Reykjahlid: $181 a month against $1,624 in Buenos Aires, rent and utilities included – about $17,300 less a year. Rent and utilities account for about half 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

$1,624

/mo nomad

Reykjahlid

🇮🇸 Iceland

$181

/mo nomad

Monthly Cost of Living

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

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 Reykjahlid actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,624 in Buenos Aires versus $181 in Reykjahlid.

Buenos Aires $1,624
Reykjahlid $181

Estimated couple costs with rent: $2,637 in Buenos Aires versus $265 in Reykjahlid.

Buenos Aires $2,637
Reykjahlid $265

Monthly costs for a family of three with rent: $3,650 in Buenos Aires versus $349 in Reykjahlid.

Buenos Aires $3,650
Reykjahlid $349

Living in Buenos Aires is roughly 799% more expensive than in Reykjahlid, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Buenos Aires is 20% above, Reykjahlid is 87% below.

Meal at Budget Restaurant

$17.72 ARS 27.4K

Three-Course Dinner for Two, Mid-Range

$66.0 ARS 102.0K

Fast Food Meal (McDonalds, etc)

$13.07 ARS 20.2K

Cappuccino

$3.96 ARS 6,124

$6.26 ISK 760

-36.74%

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

$2.01 ARS 3,102

Water (0.33 liter bottle)

$1.61 ARS 2,489

Local Beer (0.5 liter draught)

$4.03 ARS 6,227

$11.76 ISK 1,429

-65.73%

Imported Beer (0.33 liter bottle)

$4.66 ARS 7,201

$11.82 ISK 1,437

-60.58%

Milk (1 liter)

$1.42 ARS 2,192

$2.32 ISK 281

-38.79%

White Bread (500g)

$2.58 ARS 3,978

Rice (white) (1kg)

$1.59 ARS 2,452

Eggs

$2.64 ARS 4,073

Local Cheese (1kg)

$10.40 ARS 16.1K

Chicken Fillets (1kg)

$10.33 ARS 15.9K

Beef Round Steak (1kg)

$13.39 ARS 20.7K

Apples (1kg)

$2.71 ARS 4,187

Banana (1kg)

$2.07 ARS 3,196

Oranges (1kg)

$1.31 ARS 2,017

Tomato (1kg)

$1.98 ARS 3,058

Potato (1kg)

$1.25 ARS 1,932

Onion (1kg)

$1.19 ARS 1,841

Lettuce (1 head)

$1.63 ARS 2,524

Water (1.5 liter bottle)

$1.83 ARS 2,824

Cigarettes 20 Pack (Marlboro, Camel)

$4.14 ARS 6,390

Wine (Bottle)

$5.79 ARS 8,942

Local Beer (0.5 liter bottle)

$2.05 ARS 3,171

Imported Beer (0.33 liter bottle)

$2.64 ARS 4,071

One-way Ticket (Public Transport)

$0.69 ARS 1,070

Public Transport Monthly Pass (Regular Price)

$29.62 ARS 45.8K

Taxi Start (Normal Tariff)

$1.50 ARS 2,315

Taxi (Normal Tariff) (1km)

$0.80 ARS 1,232

Taxi 1hour Waiting (Normal Tariff)

$7.47 ARS 11.5K

Gasoline (1 liter)

$1.43 ARS 2,207

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

$23.8K ARS 36.7M

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

$31.8K ARS 49.1M

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

$196 ARS 303.3K

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

$23.20 ARS 35.8K

Internet (50+ Mbps, Unlimited Data)

$31.52 ARS 48.7K

Gym Membership (Monthly)

$47.93 ARS 74.0K

Tennis Court (1 Hour on Weekend)

$16.90 ARS 26.1K

Cinema Ticket

$10.91 ARS 16.8K

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

$504 ARS 778.2K

International Primary School, 1 Child (Yearly)

$13.7K ARS 21.1M

Jeans (Levis 501 Or Similar)

$117 ARS 180.8K

Summer Dress (H&M, Zara, etc)

$97.4 ARS 150.5K

Sport Shoes (Adidas, Nike)

$115 ARS 176.9K

Men's Leather Business Shoes

$141 ARS 217.8K

1-bedroom Apartment, City Center (Monthly)

$725 ARS 1.1M

1-bedroom Apartment, Outside City Center (Monthly)

$498 ARS 769.6K

3-bedroom Apartment, City Center (Monthly)

$1,492 ARS 2.3M

3-bedroom Apartment, Outside City Center (Monthly)

$1,137 ARS 1.8M

Buy Apartment in City Center (m2)

$2,749 ARS 4.2M

Buy Apartment Outside City Center (m2)

$1,902 ARS 2.9M

Average Monthly Net Salary (After Tax)

$945 ARS 1.5M

20-Year Fixed Mortgage Interest Rate (Annual %)

56.86

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

Last update for Buenos Aires: October 31, 2026

Last update for Reykjahlid: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Buenos Aires

$498 30.7%

Reykjahlid

–

Groceries & Markets

Buenos Aires

$283 17.4%

Reykjahlid

–

Eating Out

Buenos Aires

$273 16.8%

Reykjahlid

–

Monthly Utilities & Internet

Buenos Aires

$251 15.5%

Reykjahlid

–

Clothing & Footwear

Buenos Aires

$212 13%

Reykjahlid

–

Sport & Entertainment

Buenos Aires

$70 4.3%

Reykjahlid

–

Getting Around

Buenos Aires

$38 2.3%

Reykjahlid

–

Good to know

🇦🇷 Buenos Aires

🇮🇸 Reykjahlid

🕒 Local time

18:39 6:39 PM

21:39 9:39 PM

3 h ahead of Buenos Aires

🌤 Weather

👥 Population

2,891,082 Capital

300

💱 Currency

Argentine Peso ARS $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 ARS = 6.47 USD

10,000 ARS = 5.79 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 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 November 6, 2026: 1 USD = 1,544 ARS (10,000 ARS = 6.47 USD). 1 EUR = 1,726 ARS (10,000 ARS = 5.79 EUR).

Icelandic Króna exchange rates as of November 6, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.36 EUR).

USD to ARS in detail →

On the map

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Highest

Between locations

Buenos Aires Reykjahlid 11,710 km ≈ 15 h nonstop flight

From you

Buenos Aires
Reykjahlid

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 Reykjahlid: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,624 in Buenos Aires and $181 in Reykjahlid, so Reykjahlid is about 89% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $2,436 in Buenos Aires and $271 in Reykjahlid 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.

Supermarket bills run roughly 1120% higher in Buenos Aires. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $1,624 per month in Buenos Aires versus $181 in Reykjahlid – Reykjahlid is about 89% cheaper, which adds up to real savings over time.

At $181 in Reykjahlid versus $1,624 in Buenos Aires, a $1,200 budget is realistic in Reykjahlid but tight or insufficient in Buenos Aires. The gap between the two cities makes Reykjahlid 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 Reykjahlid are both considered safe, so it’s unlikely to be the deciding factor between them.