Last update: Oct 2026

Cost of Living Comparison Between Mendoza and Reykjavik

For one person, living is cheaper in Mendoza: $1,361 a month against $4,037 in Reykjavik, rent and utilities included – about $32,100 less a year. Rent and utilities account for most of the difference.

67

Cost of Living Index in Mendoza
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Mendoza Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Mendoza

🇦🇷 Argentina

$1,361

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Monthly Cost of Living

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

A single person spends $1,361 per month in Mendoza vs $4,037 in Reykjavik, rent included.

Mendoza $1,361
Reykjavik $4,037

A couple spends around $2,195 per month in Mendoza vs $5,666 in Reykjavik, rent included.

Mendoza $2,195
Reykjavik $5,666

A family of three spends $3,029 per month in Mendoza vs $7,295 in Reykjavik, rent included.

Mendoza $3,029
Reykjavik $7,295

Mendoza is about 66% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Both Mendoza and Reykjavik sit above the global median – Mendoza by 2%, Reykjavik by 201%.

Meal at Budget Restaurant

$10.87 ARS 16.5K

$30.59 ISK 3,727

-64.47%

Three-Course Dinner for Two, Mid-Range

$50.0 ARS 75.9K

$136 ISK 16.5K

-63.07%

Fast Food Meal (McDonalds, etc)

$14.90 ARS 22.6K

$27.08 ISK 3,300

-44.98%

Cappuccino

$4.55 ARS 6,898

$6.72 ISK 818

-32.29%

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

$2.42 ARS 3,668

$3.27 ISK 399

-25.99%

Water (0.33 liter bottle)

$1.89 ARS 2,858

$3.16 ISK 386

-40.19%

Local Beer (0.5 liter draught)

$4.05 ARS 6,135

$13.91 ISK 1,695

-70.88%

Imported Beer (0.33 liter bottle)

$4.60 ARS 6,971

$12.06 ISK 1,469

-61.86%

Milk (1 liter)

$1.34 ARS 2,033

$2.04 ISK 248

-34.31%

White Bread (500g)

$2.27 ARS 3,437

$4.32 ISK 526

-47.45%

Rice (white) (1kg)

$2.67 ARS 4,051

$3.67 ISK 447

-27.25%

Eggs

$3.19 ARS 4,843

$7.02 ISK 855

-54.56%

Local Cheese (1kg)

$14.61 ARS 22.2K

$22.01 ISK 2,682

-33.62%

Chicken Fillets (1kg)

$6.30 ARS 9,556

$24.70 ISK 3,009

-74.49%

Beef Round Steak (1kg)

$10.95 ARS 16.6K

$42.66 ISK 5,198

-74.33%

Apples (1kg)

$2.32 ARS 3,512

$3.37 ISK 411

-31.16%

Banana (1kg)

$2.14 ARS 3,244

$2.85 ISK 347

-24.91%

Oranges (1kg)

$1.34 ARS 2,038

$3.17 ISK 387

-57.73%

Tomato (1kg)

$3.19 ARS 4,840

$6.39 ISK 779

-50.08%

Potato (1kg)

$2.03 ARS 3,077

$4.01 ISK 489

-49.38%

Onion (1kg)

$1.50 ARS 2,277

$1.64 ISK 200

-8.54%

Lettuce (1 head)

$1.94 ARS 2,945

$3.80 ISK 462

-48.95%

Water (1.5 liter bottle)

$2.51 ARS 3,806

$1.74 ISK 212

44.25%

Cigarettes 20 Pack (Marlboro, Camel)

$2.80 ARS 4,244

$13.80 ISK 1,681

-79.71%

Wine (Bottle)

$5.03 ARS 7,625

$23.38 ISK 2,849

-78.49%

Local Beer (0.5 liter bottle)

$1.79 ARS 2,711

$3.53 ISK 430

-49.29%

Imported Beer (0.33 liter bottle)

$2.93 ARS 4,445

$3.45 ISK 420

-15.07%

One-way Ticket (Public Transport)

$0.97 ARS 1,472

$5.77 ISK 703

-83.19%

Public Transport Monthly Pass (Regular Price)

$19.83 ARS 30.1K

$95.1 ISK 11.6K

-79.16%

Taxi Start (Normal Tariff)

$2.05 ARS 3,112

$6.63 ISK 808

-69.08%

Taxi (Normal Tariff) (1km)

$1.02 ARS 1,541

$2.79 ISK 340

-63.44%

Taxi 1hour Waiting (Normal Tariff)

$5.04 ARS 7,642

$81.4 ISK 9,915

-93.81%

Gasoline (1 liter)

$1.21 ARS 1,831

$2.11 ISK 257

-42.65%

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

$26.7K ARS 40.4M

$50.8K ISK 6.2M

-47.54%

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

$33.2K ARS 50.4M

$52.7K ISK 6.4M

-36.99%

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

$143 ARS 217.2K

$88.7 ISK 10.8K

61.61%

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

$17.59 ARS 26.7K

$31.53 ISK 3,842

-44.21%

Internet (50+ Mbps, Unlimited Data)

$24.39 ARS 37.0K

$84.6 ISK 10.3K

-71.18%

Gym Membership (Monthly)

$31.80 ARS 48.2K

$100 ISK 12.2K

-68.32%

Tennis Court (1 Hour on Weekend)

$17.99 ARS 27.3K

$48.20 ISK 5,873

-62.68%

Cinema Ticket

$7.16 ARS 10.9K

$19.87 ISK 2,422

-63.97%

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

$173 ARS 262.6K

$1,277 ISK 155.7K

-86.44%

International Primary School, 1 Child (Yearly)

$4,150 ARS 6.3M

$31.0K ISK 3.8M

-86.59%

Jeans (Levis 501 Or Similar)

$127 ARS 192.9K

$161 ISK 19.6K

-20.89%

Summer Dress (H&M, Zara, etc)

$140 ARS 211.7K

$64.9 ISK 7,908

115.15%

Sport Shoes (Adidas, Nike)

$146 ARS 220.8K

$183 ISK 22.3K

-20.25%

Men's Leather Business Shoes

$161 ARS 244.7K

$254 ISK 30.9K

-36.41%

1-bedroom Apartment, City Center (Monthly)

$561 ARS 850.3K

$2,499 ISK 304.6K

-77.56%

1-bedroom Apartment, Outside City Center (Monthly)

$340 ARS 515.7K

$2,000 ISK 243.7K

-82.99%

3-bedroom Apartment, City Center (Monthly)

$975 ARS 1.5M

$3,452 ISK 420.6K

-71.77%

3-bedroom Apartment, Outside City Center (Monthly)

$682 ARS 1.0M

$2,742 ISK 334.2K

-75.14%

Buy Apartment in City Center (m2)

$1,699 ARS 2.6M

$8,001 ISK 974.9K

-78.77%

Buy Apartment Outside City Center (m2)

$1,115 ARS 1.7M

$6,249 ISK 761.5K

-82.16%

Average Monthly Net Salary (After Tax)

$768 ARS 1.2M

$4,691 ISK 571.6K

-83.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

569.69%

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

Last update for Mendoza: October 4, 2026

Last update for Reykjavik: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Mendoza

$340 24.7%

Reykjavik

$2K 50.9% 488% $1.7K

Groceries & Markets

Mendoza

$285 20.7%

Reykjavik

$625 15.9% 119% $340

Clothing & Footwear

Mendoza

$258 18.7%

Reykjavik

$298 7.6% 15.4% $40

Eating Out

Mendoza

$233 16.9%

Reykjavik

$526 13.4% 126% $293

Monthly Utilities & Internet

Mendoza

$185 13.4%

Reykjavik

$205 5.2% 10.6% $20

Sport & Entertainment

Mendoza

$46 3.3%

Reykjavik

$140 3.6% 204% $94

Getting Around

Mendoza

$31 2.2%

Reykjavik

$139 3.5% 350% $108

Cost Breakdown

A central one-bedroom costs $561 in Mendoza versus $2,499 in Reykjavik. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 511% higher in Reykjavik, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $50.0 in Mendoza versus $136 in Reykjavik. Monthly groceries follow the same trend: $285 vs $625 – making Mendoza the more affordable choice for daily food spending.

Good to know

🇦🇷 Mendoza

🇮🇸 Reykjavik

🕒 Local time

00:38 12:38 AM

03:38 3:38 AM

3 h ahead of Mendoza

🌤 Weather

👥 Population

937,154

136,894 Capital

💱 Currency

Argentine Peso ARS $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 ARS = 6.6 USD

10,000 ARS = 5.88 EUR

1,000 ISK = 8.21 USD

1,000 ISK = 7.32 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 10, 2026: 1 USD = 1,516 ARS (10,000 ARS = 6.6 USD). 1 EUR = 1,700 ARS (10,000 ARS = 5.88 EUR).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

USD to ARS in detail →

On the map

Lowest

Highest

Between locations

Mendoza Reykjavik 11,540 km ≈ 15 h nonstop flight

From you

Mendoza
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

Mendoza vs Reykjavik: Cost of Living - Frequently Asked Questions

Yes – Reykjavik is pricier by about 197%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,042 per month in Mendoza and $6,055 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 380% less in Mendoza. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $173 per month in Mendoza and $1,277 in Reykjavik. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Mendoza, where all-in costs run around $1,361, than in Reykjavik at $4,037. In Mendoza it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

Families tend to lean toward Mendoza – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Mendoza. 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.