Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Chile

Name: Chile
Address: CL

For one person, living is cheaper in Chile: $1,044 a month against $4,037 in Reykjavik, rent and utilities included – about $35,900 less a year. Rent and utilities account for most of the difference.

193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index
51

Cost of Living Index in Chile
Learn more

Chile Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

🇨🇱 Chile

$1,044

/mo nomad

😐 Solo nomad: Reykjavik is 213.8% more expensive than Chile without rent, and 286.7% more expensive with rent.

😐 Family of 3: Reykjavik is 211% more expensive than Chile without rent, and 234.2% more expensive with rent.

Meal at Budget Restaurant

$30.59 ISK 3,730

$8.01 CLP 7,815

281.90%

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.5K

$45.38 CLP 44.2K

198.61%

Fast Food Meal (McDonalds, etc)

$27.08 ISK 3,302

$7.08 CLP 6,903

282.49%

Cappuccino

$6.72 ISK 819

$2.96 CLP 2,888

127.03%

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

$3.27 ISK 399

$1.37 CLP 1,334

138.69%

Water (0.33 liter bottle)

$3.16 ISK 386

$0.99 CLP 967

219.19%

Local Beer (0.5 liter draught)

$13.91 ISK 1,696

$3.50 CLP 3,414

297.43%

Imported Beer (0.33 liter bottle)

$12.06 ISK 1,470

$4.21 CLP 4,107

186.46%

Milk (1 liter)

$2.04 ISK 248

$1.15 CLP 1,120

77.39%

White Bread (500g)

$4.32 ISK 527

$1.63 CLP 1,586

165.03%

Rice (white) (1kg)

$3.67 ISK 447

$1.56 CLP 1,525

135.26%

Eggs

$7.02 ISK 856

$3.56 CLP 3,472

97.19%

Local Cheese (1kg)

$22.01 ISK 2,684

$10.33 CLP 10.1K

113.07%

Chicken Fillets (1kg)

$24.70 ISK 3,012

$5.86 CLP 5,715

321.50%

Beef Round Steak (1kg)

$42.66 ISK 5,202

$11.01 CLP 10.7K

287.47%

Apples (1kg)

$3.37 ISK 412

$1.77 CLP 1,724

90.40%

Banana (1kg)

$2.85 ISK 347

$1.69 CLP 1,647

68.64%

Oranges (1kg)

$3.17 ISK 387

$1.60 CLP 1,560

98.12%

Tomato (1kg)

$6.39 ISK 779

$1.62 CLP 1,576

294.44%

Potato (1kg)

$4.01 ISK 489

$1.17 CLP 1,145

242.74%

Onion (1kg)

$1.64 ISK 200

$1.43 CLP 1,393

14.69%

Lettuce (1 head)

$3.80 ISK 463

$1.22 CLP 1,185

211.48%

Water (1.5 liter bottle)

$1.74 ISK 212

$1.15 CLP 1,119

51.30%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,682

$5.20 CLP 5,066

165.38%

Wine (Bottle)

$23.38 ISK 2,851

$5.27 CLP 5,138

343.64%

Local Beer (0.5 liter bottle)

$3.53 ISK 430

$1.29 CLP 1,260

173.64%

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

$2.10 CLP 2,046

64.29%

One-way Ticket (Public Transport)

$5.77 ISK 704

$0.80 CLP 781

621.25%

Public Transport Monthly Pass (Regular Price)

$95.1 ISK 11.6K

$38.39 CLP 37.4K

147.82%

Taxi Start (Normal Tariff)

$6.63 ISK 808

$0.80 CLP 775

728.75%

Taxi (Normal Tariff) (1km)

$2.79 ISK 341

$1.21 CLP 1,183

130.58%

Taxi 1hour Waiting (Normal Tariff)

$81.4 ISK 9,923

$11.55 CLP 11.3K

604.50%

Gasoline (1 liter)

$2.11 ISK 257

$1.44 CLP 1,408

46.53%

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

$50.8K ISK 6.2M

$18.0K CLP 17.5M

182.61%

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

$52.7K ISK 6.4M

$19.6K CLP 19.2M

168.46%

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

$88.7 ISK 10.8K

$113 CLP 110.6K

-21.79%

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

$31.53 ISK 3,845

$11.94 CLP 11.6K

164.07%

Internet (50+ Mbps, Unlimited Data)

$84.6 ISK 10.3K

$21.78 CLP 21.2K

288.61%

Gym Membership (Monthly)

$100 ISK 12.2K

$35.05 CLP 34.2K

186.39%

Tennis Court (1 Hour on Weekend)

$48.20 ISK 5,877

$14.41 CLP 14.1K

234.49%

Cinema Ticket

$19.87 ISK 2,424

$6.21 CLP 6,058

219.97%

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

$1,277 ISK 155.8K

$345 CLP 336.2K

270.44%

International Primary School, 1 Child (Yearly)

$31.0K ISK 3.8M

$6,603 CLP 6.4M

368.74%

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

$42.68 CLP 41.6K

276.90%

Summer Dress (H&M, Zara, etc)

$64.9 ISK 7,914

$26.52 CLP 25.9K

144.72%

Sport Shoes (Adidas, Nike)

$183 ISK 22.3K

$60.0 CLP 58.5K

204.55%

Men's Leather Business Shoes

$254 ISK 31.0K

$73.3 CLP 71.4K

246.45%

1-bedroom Apartment, City Center (Monthly)

$2,499 ISK 304.8K

$439 CLP 427.7K

469.80%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 243.9K

$338 CLP 329.2K

492.45%

3-bedroom Apartment, City Center (Monthly)

$3,452 ISK 421.0K

$749 CLP 730.7K

360.60%

3-bedroom Apartment, Outside City Center (Monthly)

$2,742 ISK 334.4K

$601 CLP 586.5K

355.95%

Buy Apartment in City Center (m2)

$8,001 ISK 975.7K

$2,310 CLP 2.3M

246.30%

Buy Apartment Outside City Center (m2)

$6,249 ISK 762.1K

$2,019 CLP 2.0M

209.48%

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

$673 CLP 655.8K

597.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

5.15

71.07%

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

Last update for Reykjavik: October 4, 2026

Last update for Chile: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2K 50.9%

Chile

$338 32.2% 83.1% $1.7K

Groceries & Markets

Reykjavik

$625 15.9%

Chile

$221 21.1% 64.6% $404

Eating Out

Reykjavik

$526 13.4%

Chile

$156 14.9% 70.3% $370

Clothing & Footwear

Reykjavik

$298 7.6%

Chile

$91 8.7% 69.4% $207

Monthly Utilities & Internet

Reykjavik

$205 5.2%

Chile

$147 14% 28.2% $58

Sport & Entertainment

Reykjavik

$140 3.6%

Chile

$47 4.5% 66.1% $93

Getting Around

Reykjavik

$139 3.5%

Chile

$48 4.6% 65.1% $90

Good to know

🇮🇸 Reykjavik

🇨🇱 Chile

🕒 Local time

07:26 7:26 AM

04:26 4:26 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

19,458,000

💱 Currency

Icelandic Króna ISK kr

Chilean Peso CLP $

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.31 EUR

10,000 CLP = 10.26 USD

10,000 CLP = 9.14 EUR

Exchange rates and currency converter

CLP, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

Chilean Peso exchange rates as of October 10, 2026: 1 USD = 975 CLP (1,000 CLP = 1.03 USD). 1 EUR = 1,094 CLP (10,000 CLP = 9.14 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik Chile 11,660 km ≈ 15 h nonstop flight

From you

Reykjavik
Chile

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 other spots: cost of living compared

Similar cities

London

🇬🇧 United Kingdom

Seattle, WA

🇺🇸 United States

Geneva

🇨🇭 Switzerland

Miami, FL

🇺🇸 United States

San Diego, CA

🇺🇸 United States

Washington, DC

🇺🇸 United States

Honolulu, HI

🇺🇸 United States

Irvine, CA

🇺🇸 United States