Last update: Oct 2026

Cost of Living Comparison Between Lomas de Zamora and Reykjavik

For one person, living is cheaper in Lomas de Zamora: $1,223 a month against $4,002 in Reykjavik, rent and utilities included – about $33,300 less a year. Rent and utilities account for most of the difference.

59

Cost of Living Index in Lomas de Zamora
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Lomas de Zamora Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Lomas de Zamora

🇦🇷 Argentina

$1,223

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,223 in Lomas de Zamora versus $4,002 in Reykjavik.

Lomas de Zamora $1,223
Reykjavik $4,002

Estimated couple costs with rent: $2,079 in Lomas de Zamora versus $5,705 in Reykjavik.

Lomas de Zamora $2,079
Reykjavik $5,705

Monthly costs for a family of three with rent: $2,935 in Lomas de Zamora versus $7,407 in Reykjavik.

Lomas de Zamora $2,935
Reykjavik $7,407

Living in Lomas de Zamora costs roughly 69% less than in Reykjavik, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Lomas de Zamora is 9% below, Reykjavik is 196% above.

Meal at Budget Restaurant

$10.03 ARS 15.2K

$31.56 ISK 3,828

-68.22%

Three-Course Dinner for Two, Mid-Range

$53.9 ARS 81.8K

$122 ISK 14.8K

-55.93%

Fast Food Meal (McDonalds, etc)

$11.58 ARS 17.6K

$26.86 ISK 3,258

-56.89%

Cappuccino

$3.41 ARS 5,175

$6.81 ISK 827

-49.93%

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

$1.96 ARS 2,978

$3.39 ISK 411

-42.18%

Water (0.33 liter bottle)

$1.70 ARS 2,572

$3.20 ISK 388

-46.88%

Local Beer (0.5 liter draught)

$3.94 ARS 5,976

$14.14 ISK 1,715

-72.14%

Imported Beer (0.33 liter bottle)

$4.66 ARS 7,070

$12.31 ISK 1,493

-62.14%

Milk (1 liter)

$1.31 ARS 1,990

$2.10 ISK 255

-37.62%

White Bread (500g)

$2.04 ARS 3,102

$4.19 ISK 508

-51.31%

Rice (white) (1kg)

$1.57 ARS 2,385

$3.72 ISK 451

-57.80%

Eggs

$2.74 ARS 4,153

$7.05 ISK 856

-61.13%

Local Cheese (1kg)

$10.51 ARS 15.9K

$21.56 ISK 2,615

-51.25%

Chicken Fillets (1kg)

$10.32 ARS 15.7K

$24.68 ISK 2,993

-58.18%

Beef Round Steak (1kg)

$13.26 ARS 20.1K

$42.19 ISK 5,117

-68.57%

Apples (1kg)

$2.71 ARS 4,119

$3.23 ISK 392

-16.10%

Banana (1kg)

$1.95 ARS 2,955

$2.73 ISK 331

-28.57%

Oranges (1kg)

$1.36 ARS 2,068

$3.17 ISK 384

-57.10%

Tomato (1kg)

$1.99 ARS 3,019

$6.61 ISK 802

-69.89%

Potato (1kg)

$1.20 ARS 1,821

$3.85 ISK 467

-68.83%

Onion (1kg)

$1.26 ARS 1,905

$1.66 ISK 201

-24.10%

Lettuce (1 head)

$1.36 ARS 2,070

$3.80 ISK 461

-64.21%

Water (1.5 liter bottle)

$1.72 ARS 2,614

$1.75 ISK 212

-1.71%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ARS 4,985

$13.71 ISK 1,662

-76.00%

Wine (Bottle)

$5.46 ARS 8,286

$24.21 ISK 2,937

-77.45%

Local Beer (0.5 liter bottle)

$1.70 ARS 2,584

$3.53 ISK 428

-51.84%

Imported Beer (0.33 liter bottle)

$2.65 ARS 4,017

$3.32 ISK 402

-20.18%

One-way Ticket (Public Transport)

$1.04 ARS 1,575

$5.75 ISK 697

-81.91%

Public Transport Monthly Pass (Regular Price)

$26.87 ARS 40.8K

$93.8 ISK 11.4K

-71.36%

Taxi Start (Normal Tariff)

$1.61 ARS 2,445

$6.61 ISK 802

-75.64%

Taxi (Normal Tariff) (1km)

$1.01 ARS 1,535

$2.90 ISK 352

-65.17%

Taxi 1hour Waiting (Normal Tariff)

$8.00 ARS 12.1K

$79.2 ISK 9,602

-89.89%

Gasoline (1 liter)

$1.38 ARS 2,090

$2.09 ISK 253

-33.97%

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

$16.8K ARS 25.5M

$51.0K ISK 6.2M

-67.10%

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

$30.0K ARS 45.6M

$53.3K ISK 6.5M

-43.60%

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

$98.1 ARS 148.9K

$95.3 ISK 11.6K

2.98%

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

$19.99 ARS 30.3K

$32.35 ISK 3,923

-38.21%

Internet (50+ Mbps, Unlimited Data)

$27.23 ARS 41.3K

$87.5 ISK 10.6K

-68.89%

Gym Membership (Monthly)

$30.84 ARS 46.8K

$102 ISK 12.4K

-69.72%

Tennis Court (1 Hour on Weekend)

$32.78 ARS 49.7K

$50.1 ISK 6,074

-34.54%

Cinema Ticket

$7.93 ARS 12.0K

$19.88 ISK 2,412

-60.11%

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

$400 ARS 606.4K

$1,194 ISK 144.8K

-66.53%

International Primary School, 1 Child (Yearly)

$7,354 ARS 11.2M

$25.4K ISK 3.1M

-71.06%

Jeans (Levis 501 Or Similar)

$122 ARS 185.0K

$149 ISK 18.1K

-18.21%

Summer Dress (H&M, Zara, etc)

$96.0 ARS 145.6K

$66.6 ISK 8,080

44.03%

Sport Shoes (Adidas, Nike)

$117 ARS 178.1K

$180 ISK 21.8K

-34.74%

Men's Leather Business Shoes

$102 ARS 154.3K

$253 ISK 30.7K

-59.85%

1-bedroom Apartment, City Center (Monthly)

$517 ARS 784.9K

$2,549 ISK 309.2K

-79.71%

1-bedroom Apartment, Outside City Center (Monthly)

$325 ARS 493.8K

$2,056 ISK 249.4K

-84.17%

3-bedroom Apartment, City Center (Monthly)

$975 ARS 1.5M

$3,498 ISK 424.2K

-72.12%

3-bedroom Apartment, Outside City Center (Monthly)

$837 ARS 1.3M

$2,764 ISK 335.2K

-69.73%

Buy Apartment in City Center (m2)

$2,953 ARS 4.5M

$8,120 ISK 984.9K

-63.63%

Buy Apartment Outside City Center (m2)

$1,507 ARS 2.3M

$6,254 ISK 758.5K

-75.91%

Average Monthly Net Salary (After Tax)

$761 ARS 1.2M

$4,573 ISK 554.6K

-83.35%

20-Year Fixed Mortgage Interest Rate (Annual %)

57.25

8.81

549.83%

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

Last update for Lomas de Zamora: October 10, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Lomas de Zamora

$325 26.6%

Reykjavik

$2.1K 51.4% 532% $1.7K

Groceries & Markets

Lomas de Zamora

$271 22.2%

Reykjavik

$623 15.6% 130% $351

Eating Out

Lomas de Zamora

$200 16.3%

Reykjavik

$536 13.4% 169% $337

Clothing & Footwear

Lomas de Zamora

$197 16.1%

Reykjavik

$292 7.3% 48.5% $95

Monthly Utilities & Internet

Lomas de Zamora

$145 11.9%

Reykjavik

$215 5.4% 48% $70

Sport & Entertainment

Lomas de Zamora

$47 3.8%

Reykjavik

$142 3.5% 203% $95

Getting Around

Lomas de Zamora

$38 3.1%

Reykjavik

$138 3.5% 266% $100

Cost Breakdown

A one-bedroom apartment in the center runs $517 in Lomas de Zamora and $2,549 in Reykjavik. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 501% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $54.0 in Lomas de Zamora vs $122 in Reykjavik for a mid-range dinner for two. Groceries echo the gap at $271 vs $623 per month, with Lomas de Zamora cheaper across the board.

Good to know

🇦🇷 Lomas de Zamora

🇮🇸 Reykjavik

🕒 Local time

16:16 4:16 PM

19:16 7:16 PM

3 h ahead of Lomas de Zamora

🌤 Weather

👥 Population

616,279

136,894 Capital

💱 Currency

Argentine Peso ARS $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 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 17, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 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 ARS in detail →

On the map

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Highest

Between locations

Lomas de Zamora Reykjavik 11,450 km ≈ 15 h nonstop flight

From you

Lomas de Zamora
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

Lomas de Zamora vs Reykjavik: Cost of Living - Frequently Asked Questions

Lomas de Zamora and Reykjavik differ by about 227% in total monthly costs ($1,223 vs $4,002 including rent). Lomas de Zamora is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 501% lower in Reykjavik. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $517 in Lomas de Zamora versus $2,549 in Reykjavik. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Lomas de Zamora – a meal for two runs $54.0 versus $122 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,223 per month in Lomas de Zamora versus $4,002 in Reykjavik – a 227% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,223 in Lomas de Zamora versus $4,002 in Reykjavik, a $2,000 budget is realistic in Lomas de Zamora but tight or insufficient in Reykjavik. The gap between the two cities makes Lomas de Zamora 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, Lomas de Zamora and Reykjavik 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 Lomas de Zamora gentler on the wallet – expenses run 227% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.