Last update: Oct 2026

Cost of Living Comparison Between Concon and Reykjavik

For one person, living is cheaper in Concon: $673 a month against $4,002 in Reykjavik, rent and utilities included – about $39,900 less a year. Rent and utilities account for most of the difference.

33

Cost of Living Index in Concon
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Concon Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

Jump to prices

Concon

🇨🇱 Chile

$673

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

How much you'll spend in Concon 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 Concon and in Reykjavik actually costs, broken down by who's living it.

A single person spends $673 per month in Concon vs $4,002 in Reykjavik, rent included.

Concon $673
Reykjavik $4,002

A couple spends around $1,076 per month in Concon vs $5,705 in Reykjavik, rent included.

Concon $1,076
Reykjavik $5,705

A family of three spends $1,479 per month in Concon vs $7,407 in Reykjavik, rent included.

Concon $1,479
Reykjavik $7,407

Concon is about 83% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Concon sits 50% below the global median, while Reykjavik is 196% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.19 CLP 10.0K

$31.56 ISK 3,828

-67.71%

Three-Course Dinner for Two, Mid-Range

$38.45 CLP 37.9K

$122 ISK 14.8K

-68.57%

Fast Food Meal (McDonalds, etc)

$6.68 CLP 6,579

$26.86 ISK 3,258

-75.13%

Cappuccino

$2.90 CLP 2,852

$6.81 ISK 827

-57.42%

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

$1.05 CLP 1,033

$3.39 ISK 411

-69.03%

Water (0.33 liter bottle)

$0.95 CLP 934

$3.20 ISK 388

-70.31%

Local Beer (0.5 liter draught)

$3.61 CLP 3,556

$14.14 ISK 1,715

-74.47%

Imported Beer (0.33 liter bottle)

$4.63 CLP 4,555

$12.31 ISK 1,493

-62.39%

Milk (1 liter)

$1.04 CLP 1,020

$2.10 ISK 255

-50.48%

White Bread (500g)

$1.50 CLP 1,477

$4.19 ISK 508

-64.20%

Rice (white) (1kg)

$1.64 CLP 1,617

$3.72 ISK 451

-55.91%

Eggs

$3.06 CLP 3,012

$7.05 ISK 856

-56.60%

Local Cheese (1kg)

$11.14 CLP 11.0K

$21.56 ISK 2,615

-48.33%

Chicken Fillets (1kg)

$6.92 CLP 6,816

$24.68 ISK 2,993

-71.96%

Beef Round Steak (1kg)

$10.82 CLP 10.6K

$42.19 ISK 5,117

-74.35%

Apples (1kg)

$1.05 CLP 1,029

$3.23 ISK 392

-67.49%

Banana (1kg)

$1.00 CLP 982

$2.73 ISK 331

-63.37%

Oranges (1kg)

$1.03 CLP 1,017

$3.17 ISK 384

-67.51%

Tomato (1kg)

$1.20 CLP 1,184

$6.61 ISK 802

-81.85%

Potato (1kg)

$0.30 CLP 291

$3.85 ISK 467

-92.21%

Onion (1kg)

$1.00 CLP 981

$1.66 ISK 201

-39.76%

Lettuce (1 head)

$0.53 CLP 523

$3.80 ISK 461

-86.05%

Water (1.5 liter bottle)

$1.01 CLP 992

$1.75 ISK 212

-42.29%

Cigarettes 20 Pack (Marlboro, Camel)

$5.24 CLP 5,153

$13.71 ISK 1,662

-61.78%

Wine (Bottle)

$3.03 CLP 2,985

$24.21 ISK 2,937

-87.48%

Local Beer (0.5 liter bottle)

$1.50 CLP 1,477

$3.53 ISK 428

-57.51%

Imported Beer (0.33 liter bottle)

$2.27 CLP 2,237

$3.32 ISK 402

-31.63%

One-way Ticket (Public Transport)

$5.75 ISK 697

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$0.39 CLP 386

$6.61 ISK 802

-94.10%

Taxi (Normal Tariff) (1km)

$0.84 CLP 825

$2.90 ISK 352

-71.03%

Taxi 1hour Waiting (Normal Tariff)

$11.77 CLP 11.6K

$79.2 ISK 9,602

-85.13%

Gasoline (1 liter)

$1.50 CLP 1,481

$2.09 ISK 253

-28.23%

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

$18.0K CLP 17.7M

$51.0K ISK 6.2M

-64.75%

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

$21.7K CLP 21.4M

$53.3K ISK 6.5M

-59.21%

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

$148 CLP 145.9K

$95.3 ISK 11.6K

55.60%

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

$12.27 CLP 12.1K

$32.35 ISK 3,923

-62.07%

Internet (50+ Mbps, Unlimited Data)

$18.88 CLP 18.6K

$87.5 ISK 10.6K

-78.43%

Gym Membership (Monthly)

$102 ISK 12.4K

Tennis Court (1 Hour on Weekend)

$14.55 CLP 14.3K

$50.1 ISK 6,074

-70.95%

Cinema Ticket

$7.30 CLP 7,186

$19.88 ISK 2,412

-63.28%

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

$437 CLP 430.1K

$1,194 ISK 144.8K

-63.41%

International Primary School, 1 Child (Yearly)

$11.1K CLP 11.0M

$25.4K ISK 3.1M

-56.20%

Jeans (Levis 501 Or Similar)

$50.0 CLP 49.2K

$149 ISK 18.1K

-66.45%

Summer Dress (H&M, Zara, etc)

$29.06 CLP 28.6K

$66.6 ISK 8,080

-56.38%

Sport Shoes (Adidas, Nike)

$66.0 CLP 65.0K

$180 ISK 21.8K

-63.29%

Men's Leather Business Shoes

$79.7 CLP 78.5K

$253 ISK 30.7K

-68.52%

1-bedroom Apartment, City Center (Monthly)

$408 CLP 401.8K

$2,549 ISK 309.2K

-83.99%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

3-bedroom Apartment, City Center (Monthly)

$619 CLP 609.1K

$3,498 ISK 424.2K

-82.31%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

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)

$4,573 ISK 554.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.39

8.81

-38.82%

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

Last update for Concon: October 12, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Concon

$201 29.9%

Reykjavik

$623 15.6% 209% $421

Monthly Utilities & Internet

Concon

$179 26.7%

Reykjavik

$215 5.4% 19.9% $36

Eating Out

Concon

$172 25.5%

Reykjavik

$536 13.4% 213% $365

Clothing & Footwear

Concon

$101 15%

Reykjavik

$292 7.3% 189% $191

Sport & Entertainment

Concon

$15 * 2.2%

Reykjavik

$142 3.5% 870% $127

Getting Around

Concon

$4.6 * 0.7%

Reykjavik

$138 3.5% 2912% $133

Accommodation & Living

Concon

- * 0%

Reykjavik

$2.1K 51.4%

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

Cost Breakdown

A central one-bedroom costs $408 in Concon versus $2,549 in Reykjavik. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $38.00 in Concon versus $122 in Reykjavik. Monthly groceries follow the same trend: $201 vs $623 – making Concon the more affordable choice for daily food spending.

Good to know

🇨🇱 Concon

🇮🇸 Reykjavik

🕒 Local time

16:14 4:14 PM

19:14 7:14 PM

3 h ahead of Concon

🌤 Weather

👥 Population

39,345

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 17, 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 17, 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

Lowest

Highest

Between locations

Concon Reykjavik 11,630 km ≈ 15 h nonstop flight

From you

Concon
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

Concon vs Reykjavik: Cost of Living - Frequently Asked Questions

Reykjavik costs about 495% more than Concon, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,009 per month in Concon and $6,003 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Concon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $673 in Concon and $4,002 in Reykjavik. That's a gap of about 495%.

Kindergarten costs $437 per month in Concon and $1,194 in Reykjavik. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Concon, where all-in costs run around $673, than in Reykjavik at $4,002. In Concon it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Concon costs $673 versus $4,002 in Reykjavik. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Concon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Reykjavik makes more sense. Both are solid long-term options with distinct trade-offs.