Last update: Oct 2026

Cost of Living Comparison Between Nueve de Julio and Reykjavik

For one person, living is cheaper in Nueve de Julio: $1,404 a month against $4,002 in Reykjavik, rent and utilities included – about $31,200 less a year. Rent and utilities account for most of the difference.

68

Cost of Living Index in Nueve de Julio
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Nueve de Julio Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Nueve de Julio

🇦🇷 Argentina

$1,404

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,404 in Nueve de Julio versus $4,002 in Reykjavik.

Nueve de Julio $1,404
Reykjavik $4,002

Estimated couple costs with rent: $2,318 in Nueve de Julio versus $5,705 in Reykjavik.

Nueve de Julio $2,318
Reykjavik $5,705

Monthly costs for a family of three with rent: $3,231 in Nueve de Julio versus $7,407 in Reykjavik.

Nueve de Julio $3,231
Reykjavik $7,407

Living in Nueve de Julio costs roughly 65% less than in Reykjavik, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Nueve de Julio 4% above, Reykjavik 196% above.

Meal at Budget Restaurant

$19.29 ARS 29.3K

$31.56 ISK 3,848

-38.88%

Three-Course Dinner for Two, Mid-Range

$65.0 ARS 98.6K

$122 ISK 14.9K

-46.86%

Fast Food Meal (McDonalds, etc)

$12.94 ARS 19.6K

$26.86 ISK 3,275

-51.82%

Cappuccino

$3.93 ARS 5,962

$6.81 ISK 831

-42.29%

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

$1.96 ARS 2,975

$3.39 ISK 413

-42.18%

Water (0.33 liter bottle)

$1.61 ARS 2,445

$3.20 ISK 390

-49.69%

Local Beer (0.5 liter draught)

$4.05 ARS 6,142

$14.14 ISK 1,724

-71.36%

Imported Beer (0.33 liter bottle)

$4.70 ARS 7,130

$12.31 ISK 1,501

-61.82%

Milk (1 liter)

$1.04 ARS 1,575

$2.10 ISK 256

-50.48%

White Bread (500g)

$2.52 ARS 3,825

$4.19 ISK 511

-39.86%

Rice (white) (1kg)

$1.66 ARS 2,514

$3.72 ISK 454

-55.38%

Eggs

$1.18 ARS 1,793

$7.05 ISK 860

-83.26%

Local Cheese (1kg)

$10.69 ARS 16.2K

$21.56 ISK 2,630

-50.42%

Chicken Fillets (1kg)

$9.97 ARS 15.1K

$24.68 ISK 3,010

-59.60%

Beef Round Steak (1kg)

$13.42 ARS 20.3K

$42.19 ISK 5,145

-68.19%

Apples (1kg)

$2.85 ARS 4,320

$3.23 ISK 394

-11.76%

Banana (1kg)

$2.18 ARS 3,300

$2.73 ISK 333

-20.15%

Oranges (1kg)

$1.41 ARS 2,140

$3.17 ISK 387

-55.52%

Tomato (1kg)

$2.06 ARS 3,121

$6.61 ISK 807

-68.84%

Potato (1kg)

$1.25 ARS 1,899

$3.85 ISK 469

-67.53%

Onion (1kg)

$1.25 ARS 1,892

$1.66 ISK 202

-24.70%

Lettuce (1 head)

$1.02 ARS 1,546

$3.80 ISK 464

-73.16%

Water (1.5 liter bottle)

$0.99 ARS 1,496

$1.75 ISK 213

-43.43%

Cigarettes 20 Pack (Marlboro, Camel)

$1.02 ARS 1,544

$13.71 ISK 1,672

-92.56%

Wine (Bottle)

$5.60 ARS 8,489

$24.21 ISK 2,953

-76.87%

Local Beer (0.5 liter bottle)

$1.39 ARS 2,110

$3.53 ISK 431

-60.62%

Imported Beer (0.33 liter bottle)

$2.06 ARS 3,122

$3.32 ISK 404

-37.95%

One-way Ticket (Public Transport)

$0.92 ARS 1,398

$5.75 ISK 701

-84.00%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$1.65 ARS 2,497

$6.61 ISK 807

-75.04%

Taxi (Normal Tariff) (1km)

$1.02 ARS 1,546

$2.90 ISK 354

-64.83%

Taxi 1hour Waiting (Normal Tariff)

$8.04 ARS 12.2K

$79.2 ISK 9,654

-89.84%

Gasoline (1 liter)

$1.35 ARS 2,051

$2.09 ISK 255

-35.41%

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

$28.7K ARS 43.6M

$51.0K ISK 6.2M

-43.65%

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

$35.5K ARS 53.8M

$53.3K ISK 6.5M

-33.41%

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

$201 ARS 304.5K

$95.3 ISK 11.6K

110.76%

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

$25.18 ARS 38.2K

$32.35 ISK 3,945

-22.16%

Internet (50+ Mbps, Unlimited Data)

$30.78 ARS 46.7K

$87.5 ISK 10.7K

-64.84%

Gym Membership (Monthly)

$35.37 ARS 53.6K

$102 ISK 12.4K

-65.28%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,107

Cinema Ticket

$10.21 ARS 15.5K

$19.88 ISK 2,425

-48.64%

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

$473 ARS 717.3K

$1,194 ISK 145.6K

-60.39%

International Primary School, 1 Child (Yearly)

$8,763 ARS 13.3M

$25.4K ISK 3.1M

-65.51%

Jeans (Levis 501 Or Similar)

$121 ARS 182.8K

$149 ISK 18.2K

-19.14%

Summer Dress (H&M, Zara, etc)

$93.9 ARS 142.4K

$66.6 ISK 8,124

40.99%

Sport Shoes (Adidas, Nike)

$118 ARS 179.0K

$180 ISK 21.9K

-34.39%

Men's Leather Business Shoes

$139 ARS 211.3K

$253 ISK 30.9K

-44.99%

1-bedroom Apartment, City Center (Monthly)

$527 ARS 798.7K

$2,549 ISK 310.9K

-79.34%

1-bedroom Apartment, Outside City Center (Monthly)

$328 ARS 497.1K

$2,056 ISK 250.7K

-84.06%

3-bedroom Apartment, City Center (Monthly)

$867 ARS 1.3M

$3,498 ISK 426.5K

-75.22%

3-bedroom Apartment, Outside City Center (Monthly)

$840 ARS 1.3M

$2,764 ISK 337.0K

-69.61%

Buy Apartment in City Center (m2)

$8,120 ISK 990.2K

Buy Apartment Outside City Center (m2)

$6,254 ISK 762.6K

Average Monthly Net Salary (After Tax)

$4,573 ISK 557.7K

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 Nueve de Julio: October 11, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Nueve de Julio

$328 23.4%

Reykjavik

$2.1K 51.4% 527% $1.7K

Eating Out

Nueve de Julio

$284 20.3%

Reykjavik

$536 13.4% 88.7% $252

Groceries & Markets

Nueve de Julio

$257 18.3%

Reykjavik

$623 15.6% 142% $366

Monthly Utilities & Internet

Nueve de Julio

$257 18.3%

Reykjavik

$215 5.4% 16.2% $42

Clothing & Footwear

Nueve de Julio

$212 15.1%

Reykjavik

$292 7.3% 37.5% $80

Sport & Entertainment

Nueve de Julio

$56 4%

Reykjavik

$142 3.5% 154% $86

Getting Around

Nueve de Julio

$10 * 0.7%

Reykjavik

$138 3.5% 1222% $128

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

Cost Breakdown

A one-bedroom apartment in the center runs $527 in Nueve de Julio and $2,549 in Reykjavik. Housing cost is often the main lever when comparing two cities.

Dining out: $65.0 in Nueve de Julio vs $122 in Reykjavik for a mid-range dinner for two. Groceries echo the gap at $257 vs $623 per month, with Nueve de Julio cheaper across the board.

Good to know

🇦🇷 Nueve de Julio

🇮🇸 Reykjavik

🕒 Local time

13:02 1:02 PM

16:02 4:02 PM

3 h ahead of Nueve de Julio

🌤 Weather

👥 Population

30,000

136,894 Capital

💱 Currency

Argentine Peso ARS $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.91 EUR

1,000 ISK = 8.2 USD

1,000 ISK = 7.35 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 13, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,693 ARS (10,000 ARS = 5.91 EUR).

Icelandic Króna exchange rates as of October 13, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

USD to ARS in detail →

On the map

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Highest

Between locations

Nueve de Julio Reykjavik 10,830 km ≈ 14 h nonstop flight

From you

Nueve de Julio
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

Nueve de Julio vs Reykjavik: Cost of Living - Frequently Asked Questions

Nueve de Julio wins on cost – living expenses run 185% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Nueve de Julio the obvious pick if budget is a priority.

You'd need roughly $2,106 in Nueve de Julio and $6,003 in Reykjavik 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.

Rent for a central apartment: $527 in Nueve de Julio versus $2,549 in Reykjavik. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 142% higher in Reykjavik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,404 per month in Nueve de Julio versus $4,002 in Reykjavik – a 185% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,404 in Nueve de Julio versus $4,002 in Reykjavik, a $1,000 budget is realistic in Nueve de Julio but tight or insufficient in Reykjavik. The gap between the two cities makes Nueve de Julio the clear choice for anyone on this budget.

Both work as nomad bases, but Nueve de Julio delivers better value – similar infrastructure at $1,404 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Nueve de Julio hard to pass up.

Safety-wise, Nueve de Julio 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 Nueve de Julio gentler on the wallet – expenses run 185% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.