Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Bariloche

For one person, living is cheaper in Bariloche: $1,646 a month against $4,002 in Reykjavik, rent and utilities included – about $28,300 less a year. Rent and utilities account for most of the difference.

193

Cost of Living Index in Reykjavik
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Reykjavik Living Index
81

Cost of Living Index in Bariloche
Learn more

Bariloche Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Bariloche

🇦🇷 Argentina

$1,646

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Bariloche

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Reykjavik and in Bariloche actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,002 in Reykjavik versus $1,646 in Bariloche.

Reykjavik $4,002
Bariloche $1,646

Estimated couple costs with rent: $5,705 in Reykjavik versus $2,531 in Bariloche.

Reykjavik $5,705
Bariloche $2,531

Monthly costs for a family of three with rent: $7,407 in Reykjavik versus $3,416 in Bariloche.

Reykjavik $7,407
Bariloche $3,416

Living in Reykjavik is roughly 143% more expensive than in Bariloche, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Reykjavik 196% above, Bariloche 22% above.

Meal at Budget Restaurant

$31.56 ISK 3,828

$20.33 ARS 30.8K

55.24%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$59.1 ARS 89.7K

106.88%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$14.16 ARS 21.5K

89.69%

Cappuccino

$6.81 ISK 827

$3.93 ARS 5,968

73.28%

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

$3.39 ISK 411

$1.68 ARS 2,548

101.79%

Water (0.33 liter bottle)

$3.20 ISK 388

$1.84 ARS 2,786

73.91%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$5.36 ARS 8,131

163.81%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$4.56 ARS 6,916

169.96%

Milk (1 liter)

$2.10 ISK 255

$1.38 ARS 2,097

52.17%

White Bread (500g)

$4.19 ISK 508

$2.12 ARS 3,223

97.64%

Rice (white) (1kg)

$3.72 ISK 451

$1.53 ARS 2,317

143.14%

Eggs

$7.05 ISK 856

$2.67 ARS 4,052

164.04%

Local Cheese (1kg)

$21.56 ISK 2,615

$15.14 ARS 23.0K

42.40%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$10.35 ARS 15.7K

138.45%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$13.30 ARS 20.2K

217.22%

Apples (1kg)

$3.23 ISK 392

$2.39 ARS 3,632

35.15%

Banana (1kg)

$2.73 ISK 331

$2.59 ARS 3,934

5.41%

Oranges (1kg)

$3.17 ISK 384

$1.93 ARS 2,931

64.25%

Tomato (1kg)

$6.61 ISK 802

$2.64 ARS 4,002

150.38%

Potato (1kg)

$3.85 ISK 467

$0.98 ARS 1,492

292.86%

Onion (1kg)

$1.66 ISK 201

$0.76 ARS 1,148

118.42%

Lettuce (1 head)

$3.80 ISK 461

$2.05 ARS 3,115

85.37%

Water (1.5 liter bottle)

$1.75 ISK 212

$1.28 ARS 1,947

36.72%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.92 ARS 4,430

369.52%

Wine (Bottle)

$24.21 ISK 2,937

$7.48 ARS 11.3K

223.66%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.82 ARS 2,761

93.96%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$3.97 ARS 6,017

-16.37%

One-way Ticket (Public Transport)

$5.75 ISK 697

$1.01 ARS 1,539

469.31%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

$0.99 ARS 1,505

567.68%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

Gasoline (1 liter)

$2.09 ISK 253

$1.05 ARS 1,597

99.05%

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

$51.0K ISK 6.2M

$20.0K ARS 30.3M

155.31%

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

$53.3K ISK 6.5M

$32.3K ARS 49.1M

64.71%

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

$95.3 ISK 11.6K

$84.0 ARS 127.4K

13.45%

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

$32.35 ISK 3,923

$16.75 ARS 25.4K

93.13%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$24.11 ARS 36.6K

263.09%

Gym Membership (Monthly)

$102 ISK 12.4K

$49.66 ARS 75.4K

105.11%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

$39.87 ARS 60.5K

25.61%

Cinema Ticket

$19.88 ISK 2,412

$8.25 ARS 12.5K

140.97%

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

$1,194 ISK 144.8K

$296 ARS 449.9K

302.72%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$4,242 ARS 6.4M

498.96%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$74.2 ARS 112.5K

100.93%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$39.27 ARS 59.6K

69.65%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$112 ARS 170.0K

60.54%

Men's Leather Business Shoes

$253 ISK 30.7K

$96.3 ARS 146.2K

162.89%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$1,278 ARS 1.9M

99.43%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$706 ARS 1.1M

191.24%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$1,195 ARS 1.8M

192.56%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$1,171 ARS 1.8M

135.98%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$3,030 ARS 4.6M

168.00%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$2,498 ARS 3.8M

150.33%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$953 ARS 1.4M

380.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

-90.21%

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

Last update for Reykjavik: October 12, 2026

Last update for Bariloche: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Bariloche

$706 42.9% 65.7% $1.4K

Groceries & Markets

Reykjavik

$623 15.6%

Bariloche

$297 18.1% 52.2% $325

Eating Out

Reykjavik

$536 13.4%

Bariloche

$302 18.4% 43.7% $234

Clothing & Footwear

Reykjavik

$292 7.3%

Bariloche

$145 8.8% 50.4% $147

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Bariloche

$125 7.6% 42% $90

Sport & Entertainment

Reykjavik

$142 3.5%

Bariloche

$66 4% 53.3% $75

Getting Around

Reykjavik

$138 3.5%

Bariloche

$5.1 * 0.3% 96.3% $133

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 $2,549 in Reykjavik and $1,278 in Bariloche. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 380% 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: $122 in Reykjavik vs $59.0 in Bariloche for a mid-range dinner for two. Groceries echo the gap at $623 vs $297 per month, with Bariloche cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇦🇷 Bariloche

🕒 Local time

20:51 8:51 PM

17:51 5:51 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

135,755

💱 Currency

Icelandic Króna ISK kr

Argentine Peso ARS $

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

Exchange rates and currency converter

ARS, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

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).

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).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik Bariloche 12,480 km ≈ 16 h nonstop flight

From you

Reykjavik
Bariloche

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

Reykjavik vs Bariloche: Cost of Living - Frequently Asked Questions

Bariloche is cheaper overall, especially in groceries, eating out, and clothing. The 143% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 380% higher in Reykjavik, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,549 in Reykjavik versus $1,278 in Bariloche. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,194 in Reykjavik versus $296 in Bariloche. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Bariloche – a meal for two runs $59.0 versus $122 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,646 in Bariloche versus $4,002 in Reykjavik, a $2,500 budget is realistic in Bariloche but tight or insufficient in Reykjavik. The gap between the two cities makes Bariloche the clear choice for anyone on this budget.

For families, Bariloche is more practical. Housing and childcare are both notably cheaper than in Reykjavik, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Reykjavik and Bariloche 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 Bariloche gentler on the wallet – expenses run 143% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.