Last update: Oct 2026

Cost of Living Comparison Between Pilar and Reykjavik

For one person, living is cheaper in Pilar: $1,188 a month against $4,002 in Reykjavik, rent and utilities included – about $33,800 less a year. Rent and utilities account for most of the difference.

59

Cost of Living Index in Pilar
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Pilar Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Pilar

🇦🇷 Argentina

$1,188

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

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

A single person spends $1,188 per month in Pilar vs $4,002 in Reykjavik, rent included.

Pilar $1,188
Reykjavik $4,002

A couple spends around $2,031 per month in Pilar vs $5,705 in Reykjavik, rent included.

Pilar $2,031
Reykjavik $5,705

A family of three spends $2,875 per month in Pilar vs $7,407 in Reykjavik, rent included.

Pilar $2,875
Reykjavik $7,407

Pilar is about 70% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Pilar sits 12% below the global median, while Reykjavik is 196% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.73 ARS 28.4K

$31.56 ISK 3,828

-40.65%

Three-Course Dinner for Two, Mid-Range

$59.8 ARS 90.7K

$122 ISK 14.8K

-51.13%

Fast Food Meal (McDonalds, etc)

$13.19 ARS 20.0K

$26.86 ISK 3,258

-50.89%

Cappuccino

$3.97 ARS 6,027

$6.81 ISK 827

-41.70%

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

$1.99 ARS 3,021

$3.39 ISK 411

-41.30%

Water (0.33 liter bottle)

$1.57 ARS 2,383

$3.20 ISK 388

-50.94%

Local Beer (0.5 liter draught)

$4.05 ARS 6,149

$14.14 ISK 1,715

-71.36%

Imported Beer (0.33 liter bottle)

$4.63 ARS 7,031

$12.31 ISK 1,493

-62.39%

Milk (1 liter)

$1.50 ARS 2,269

$2.10 ISK 255

-28.57%

White Bread (500g)

$2.50 ARS 3,800

$4.19 ISK 508

-40.33%

Rice (white) (1kg)

$1.59 ARS 2,420

$3.72 ISK 451

-57.26%

Eggs

$2.28 ARS 3,458

$7.05 ISK 856

-67.66%

Local Cheese (1kg)

$10.68 ARS 16.2K

$21.56 ISK 2,615

-50.46%

Chicken Fillets (1kg)

$2.95 ARS 4,474

$24.68 ISK 2,993

-88.05%

Beef Round Steak (1kg)

$10.19 ARS 15.5K

$42.19 ISK 5,117

-75.85%

Apples (1kg)

$2.86 ARS 4,340

$3.23 ISK 392

-11.46%

Banana (1kg)

$2.19 ARS 3,325

$2.73 ISK 331

-19.78%

Oranges (1kg)

$1.44 ARS 2,192

$3.17 ISK 384

-54.57%

Tomato (1kg)

$1.97 ARS 2,989

$6.61 ISK 802

-70.20%

Potato (1kg)

$1.26 ARS 1,917

$3.85 ISK 467

-67.27%

Onion (1kg)

$1.21 ARS 1,831

$1.66 ISK 201

-27.11%

Lettuce (1 head)

$1.64 ARS 2,484

$3.80 ISK 461

-56.84%

Water (1.5 liter bottle)

$1.77 ARS 2,689

$1.75 ISK 212

1.14%

Cigarettes 20 Pack (Marlboro, Camel)

$4.17 ARS 6,333

$13.71 ISK 1,662

-69.58%

Wine (Bottle)

$5.81 ARS 8,818

$24.21 ISK 2,937

-76.00%

Local Beer (0.5 liter bottle)

$2.06 ARS 3,124

$3.53 ISK 428

-41.64%

Imported Beer (0.33 liter bottle)

$2.86 ARS 4,345

$3.32 ISK 402

-13.86%

One-way Ticket (Public Transport)

$1.06 ARS 1,610

$5.75 ISK 697

-81.57%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$1.62 ARS 2,460

$6.61 ISK 802

-75.49%

Taxi (Normal Tariff) (1km)

$1.02 ARS 1,551

$2.90 ISK 352

-64.83%

Taxi 1hour Waiting (Normal Tariff)

$8.19 ARS 12.4K

$79.2 ISK 9,602

-89.65%

Gasoline (1 liter)

$1.08 ARS 1,645

$2.09 ISK 253

-48.33%

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

$28.0K ARS 42.4M

$51.0K ISK 6.2M

-45.19%

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

$34.8K ARS 52.8M

$53.3K ISK 6.5M

-34.68%

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

$64.2 ARS 97.4K

$95.3 ISK 11.6K

-32.65%

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

$9.91 ARS 15.0K

$32.35 ISK 3,923

-69.37%

Internet (50+ Mbps, Unlimited Data)

$20.04 ARS 30.4K

$87.5 ISK 10.6K

-77.11%

Gym Membership (Monthly)

$31.61 ARS 48.0K

$102 ISK 12.4K

-68.97%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$10.32 ARS 15.7K

$19.88 ISK 2,412

-48.09%

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

$466 ARS 707.0K

$1,194 ISK 144.8K

-60.98%

International Primary School, 1 Child (Yearly)

$8,783 ARS 13.3M

$25.4K ISK 3.1M

-65.43%

Jeans (Levis 501 Or Similar)

$121 ARS 183.6K

$149 ISK 18.1K

-18.81%

Summer Dress (H&M, Zara, etc)

$93.9 ARS 142.5K

$66.6 ISK 8,080

40.98%

Sport Shoes (Adidas, Nike)

$118 ARS 178.6K

$180 ISK 21.8K

-34.58%

Men's Leather Business Shoes

$141 ARS 214.0K

$253 ISK 30.7K

-44.30%

1-bedroom Apartment, City Center (Monthly)

$521 ARS 790.2K

$2,549 ISK 309.2K

-79.57%

1-bedroom Apartment, Outside City Center (Monthly)

$299 ARS 453.2K

$2,056 ISK 249.4K

-85.48%

3-bedroom Apartment, City Center (Monthly)

$1,001 ARS 1.5M

$3,498 ISK 424.2K

-71.38%

3-bedroom Apartment, Outside City Center (Monthly)

$757 ARS 1.1M

$2,764 ISK 335.2K

-72.60%

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)

$1,011 ARS 1.5M

$4,573 ISK 554.6K

-77.88%

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 Pilar: October 13, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Pilar

$299 25.2%

Reykjavik

$2.1K 51.4% 589% $1.8K

Eating Out

Pilar

$281 23.7%

Reykjavik

$536 13.4% 91% $256

Groceries & Markets

Pilar

$238 20%

Reykjavik

$623 15.6% 162% $385

Clothing & Footwear

Pilar

$213 18%

Reykjavik

$292 7.3% 37% $79

Monthly Utilities & Internet

Pilar

$94 7.9%

Reykjavik

$215 5.4% 129% $121

Sport & Entertainment

Pilar

$52 4.4%

Reykjavik

$142 3.5% 171% $89

Getting Around

Pilar

$11 * 0.9%

Reykjavik

$138 3.5% 1156% $127

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

Cost Breakdown

A central one-bedroom costs $521 in Pilar 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.

Salaries run about 352% 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 $60.0 in Pilar versus $122 in Reykjavik. Monthly groceries follow the same trend: $238 vs $623 – making Pilar the more affordable choice for daily food spending.

Good to know

🇦🇷 Pilar

🇮🇸 Reykjavik

🕒 Local time

14:34 2:34 PM

17:34 5:34 PM

3 h ahead of Pilar

🌤 Weather

👥 Population

81,120

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

Lowest

Highest

Between locations

Pilar Reykjavik 11,430 km ≈ 15 h nonstop flight

From you

Pilar
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

Pilar vs Reykjavik: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,188 in Pilar, $4,002 in Reykjavik – roughly 237% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,781 per month in Pilar 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 Pilar, 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 $1,188 in Pilar and $4,002 in Reykjavik. That's a gap of about 237%.

Kindergarten costs $466 per month in Pilar and $1,194 in Reykjavik. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Pilar, where all-in costs run around $1,188, than in Reykjavik at $4,002. In Pilar it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

It depends on your priorities. Reykjavik has an edge in some lifestyle areas, with costs from $1,188 in Pilar to $4,002 in Reykjavik. Climate, culture, job market, and personal taste all factor in.

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 Pilar. 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.