Last update: Oct 2026
Cost of Living Comparison Between Iceland and Buenos Aires
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.
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Iceland Living Index185Cost of Living Index in IcelandLearn more -
Buenos Aires Living Index81Cost of Living Index in Buenos AiresLearn more
😐 Solo nomad: Iceland is 81.3% more expensive than Buenos Aires without rent, and 127.9% more expensive with rent.
😐 Family of 3: Iceland is 88.8% more expensive than Buenos Aires without rent, and 85.8% more expensive with rent.
🍽 Eating Out
Iceland
Buenos Aires
Difference
Meal at Budget Restaurant
$27.37 ISK 3,337
$18.73 ARS 28.4K
46.13%
Three-Course Dinner for Two, Mid-Range
$125 ISK 15.2K
$64.5 ARS 97.8K
93.64%
Fast Food Meal (McDonalds, etc)
$24.08 ISK 2,937
$12.88 ARS 19.5K
86.96%
Cappuccino
$6.19 ISK 755
$3.98 ARS 6,029
55.53%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.15 ISK 384
$2.05 ARS 3,103
53.66%
Water (0.33 liter bottle)
$2.99 ISK 365
$1.55 ARS 2,349
92.90%
Local Beer (0.5 liter draught)
$12.47 ISK 1,521
$3.84 ARS 5,830
224.74%
Imported Beer (0.33 liter bottle)
$12.50 ISK 1,524
$4.60 ARS 6,970
171.74%
🛒 Groceries & Markets
Iceland
Buenos Aires
Difference
Milk (1 liter)
$2.11 ISK 258
$1.44 ARS 2,181
46.53%
White Bread (500g)
$4.09 ISK 499
$2.46 ARS 3,738
66.26%
Rice (white) (1kg)
$3.45 ISK 421
$1.63 ARS 2,467
111.66%
Eggs
$7.23 ISK 882
$2.89 ARS 4,385
150.17%
Local Cheese (1kg)
$20.83 ISK 2,541
$10.65 ARS 16.1K
95.59%
Chicken Fillets (1kg)
$24.61 ISK 3,001
$10.00 ARS 15.2K
146.10%
Beef Round Steak (1kg)
$42.36 ISK 5,166
$13.74 ARS 20.8K
208.30%
Apples (1kg)
$3.17 ISK 387
$2.75 ARS 4,166
15.27%
Banana (1kg)
$2.72 ISK 332
$2.18 ARS 3,300
24.77%
Oranges (1kg)
$3.20 ISK 390
$1.45 ARS 2,205
120.69%
Tomato (1kg)
$5.94 ISK 724
$1.99 ARS 3,013
198.49%
Potato (1kg)
$3.96 ISK 483
$1.24 ARS 1,885
219.35%
Onion (1kg)
$1.85 ISK 226
$1.27 ARS 1,921
45.67%
Lettuce (1 head)
$3.62 ISK 441
$1.70 ARS 2,575
112.94%
Water (1.5 liter bottle)
$1.93 ISK 236
$1.73 ARS 2,617
11.56%
Cigarettes 20 Pack (Marlboro, Camel)
$14.12 ISK 1,721
$4.18 ARS 6,337
237.80%
Wine (Bottle)
$23.36 ISK 2,849
$5.80 ARS 8,790
302.76%
Local Beer (0.5 liter bottle)
$3.72 ISK 454
$2.09 ARS 3,163
77.99%
Imported Beer (0.33 liter bottle)
$3.25 ISK 396
$2.77 ARS 4,198
17.33%
🚌 Getting Around
Iceland
Buenos Aires
Difference
One-way Ticket (Public Transport)
$5.54 ISK 676
$0.75 ARS 1,132
638.67%
Public Transport Monthly Pass (Regular Price)
$92.7 ISK 11.3K
$27.15 ARS 41.2K
241.40%
Taxi Start (Normal Tariff)
$6.87 ISK 838
$1.62 ARS 2,451
324.07%
Taxi (Normal Tariff) (1km)
$2.90 ISK 354
$0.98 ARS 1,481
195.92%
Taxi 1hour Waiting (Normal Tariff)
$81.6 ISK 9,947
$7.72 ARS 11.7K
956.48%
Gasoline (1 liter)
$2.36 ISK 288
$1.36 ARS 2,058
73.53%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$50.2K ISK 6.1M
$28.0K ARS 42.5M
79.32%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.5K ISK 6.5M
$34.5K ARS 52.4M
55.05%
🧾 Monthly Utilities & Internet
Iceland
Buenos Aires
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$96.5 ISK 11.8K
$216 ARS 326.9K
-55.23%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$30.37 ISK 3,704
$25.61 ARS 38.8K
18.59%
Internet (50+ Mbps, Unlimited Data)
$88.0 ISK 10.7K
$31.36 ARS 47.6K
180.45%
🎉 Sport & Entertainment
Iceland
Buenos Aires
Difference
Gym Membership (Monthly)
$89.8 ISK 11.0K
$49.82 ARS 75.6K
80.33%
Tennis Court (1 Hour on Weekend)
$50.7 ISK 6,183
$17.06 ARS 25.9K
197.19%
Cinema Ticket
$18.98 ISK 2,314
$10.43 ARS 15.8K
81.98%
🧸 Childcare & Education
Iceland
Buenos Aires
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,053 ISK 128.4K
$466 ARS 706.7K
126.01%
International Primary School, 1 Child (Yearly)
$30.4K ISK 3.7M
$9,057 ARS 13.7M
235.83%
👕👟 Clothing & Footwear
Iceland
Buenos Aires
Difference
Jeans (Levis 501 Or Similar)
$154 ISK 18.8K
$122 ARS 185.2K
26.50%
Summer Dress (H&M, Zara, etc)
$48.13 ISK 5,869
$97.4 ARS 147.8K
-50.61%
Sport Shoes (Adidas, Nike)
$175 ISK 21.4K
$117 ARS 177.4K
49.94%
Men's Leather Business Shoes
$231 ISK 28.2K
$140 ARS 211.9K
65.45%
🏠 Accommodation & Living
Iceland
Buenos Aires
Difference
1-bedroom Apartment, City Center (Monthly)
$2,476 ISK 301.9K
$763 ARS 1.2M
224.35%
1-bedroom Apartment, Outside City Center (Monthly)
$1,968 ISK 240.0K
$505 ARS 766.1K
289.59%
3-bedroom Apartment, City Center (Monthly)
$3,333 ISK 406.4K
$1,598 ARS 2.4M
108.49%
3-bedroom Apartment, Outside City Center (Monthly)
$2,708 ISK 330.2K
$1,185 ARS 1.8M
128.54%
Buy Apartment in City Center (m2)
$7,695 ISK 938.4K
$2,678 ARS 4.1M
187.31%
Buy Apartment Outside City Center (m2)
$6,295 ISK 767.7K
$1,858 ARS 2.8M
238.81%
💵 Salaries & Financials
Iceland
Buenos Aires
Difference
Average Monthly Net Salary (After Tax)
$4,795 ISK 584.8K
$954 ARS 1.4M
402.43%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.29
57.25
-83.77%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Iceland: October 3, 2026
Last update for Buenos Aires: October 6, 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
Iceland $2K 51.6%
Buenos Aires $505 30.4% 74.3% $1.5K
Groceries & Markets
Iceland $617 16.2%
Buenos Aires $284 17.1% 54% $333
Eating Out
Iceland $477 12.5%
Buenos Aires $279 16.8% 41.6% $198
Clothing & Footwear
Iceland $274 7.2%
Buenos Aires $214 12.9% 21.8% $60
Monthly Utilities & Internet
Iceland $215 5.6%
Buenos Aires $273 16.4% 26.9% $58
Getting Around
Iceland $136 3.6%
Buenos Aires $37 2.2% 73.1% $100
Sport & Entertainment
Iceland $128 3.4%
Buenos Aires $71 4.3% 44.7% $57
Accommodation & Living
Iceland $2.7K 37.8%
Buenos Aires $1.2K 31.7% 56.2% $1.5K
Groceries & Markets
Iceland $1.4K 20.1%
Buenos Aires $658 17.6% 54.2% $778
Eating Out
Iceland $1.6K 22%
Buenos Aires $890 23.8% 43.4% $683
Clothing & Footwear
Iceland $609 8.5%
Buenos Aires $476 12.7% 21.8% $133
Monthly Utilities & Internet
Iceland $245 3.4%
Buenos Aires $298 8% 21.6% $53
Getting Around
Iceland $284 4%
Buenos Aires $75 2% 73.6% $209
Sport & Entertainment
Iceland $306 4.3%
Buenos Aires $158 4.2% 48.3% $148
Good to know
🇮🇸 Iceland
🇦🇷 Buenos Aires
Weather
Population
364,260
2,891,082 Capital
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Iceland Buenos Aires 11,440 km ≈ 15 h nonstop flight
From you
- Iceland
- Buenos Aires
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
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