Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Chivilcoy

For one person, living is cheaper in Chivilcoy: $1,390 a month against $4,002 in Reykjavik, rent and utilities included – about $31,300 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
69

Cost of Living Index in Chivilcoy
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Chivilcoy Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Chivilcoy

🇦🇷 Argentina

$1,390

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Chivilcoy

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 Chivilcoy actually costs, broken down by who's living it.

A single person spends $4,002 per month in Reykjavik vs $1,390 in Chivilcoy, rent included.

Reykjavik $4,002
Chivilcoy $1,390

A couple spends around $5,705 per month in Reykjavik vs $2,328 in Chivilcoy, rent included.

Reykjavik $5,705
Chivilcoy $2,328

A family of three spends $7,407 per month in Reykjavik vs $3,266 in Chivilcoy, rent included.

Reykjavik $7,407
Chivilcoy $3,266

Reykjavik costs about 188% more than Chivilcoy, and outside of rent the biggest gap is in groceries.

Both Reykjavik and Chivilcoy sit above the global median – Reykjavik by 196%, Chivilcoy by 3%.

Meal at Budget Restaurant

$31.56 ISK 3,828

$18.75 ARS 28.5K

68.32%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$64.4 ARS 97.7K

89.98%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$12.87 ARS 19.5K

108.70%

Cappuccino

$6.81 ISK 827

$3.77 ARS 5,719

80.64%

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

$3.39 ISK 411

$1.96 ARS 2,977

72.96%

Water (0.33 liter bottle)

$3.20 ISK 388

$1.54 ARS 2,343

107.79%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$4.06 ARS 6,164

248.28%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$4.79 ARS 7,263

156.99%

Milk (1 liter)

$2.10 ISK 255

$1.48 ARS 2,242

41.89%

White Bread (500g)

$4.19 ISK 508

$2.41 ARS 3,655

73.86%

Rice (white) (1kg)

$3.72 ISK 451

$1.66 ARS 2,513

124.10%

Eggs

$7.05 ISK 856

$2.82 ARS 4,281

150.00%

Local Cheese (1kg)

$21.56 ISK 2,615

$10.29 ARS 15.6K

109.52%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$10.26 ARS 15.6K

140.55%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$13.43 ARS 20.4K

214.15%

Apples (1kg)

$3.23 ISK 392

$2.83 ARS 4,299

14.13%

Banana (1kg)

$2.73 ISK 331

$2.19 ARS 3,325

24.66%

Oranges (1kg)

$3.17 ISK 384

$1.41 ARS 2,146

124.82%

Tomato (1kg)

$6.61 ISK 802

$2.00 ARS 3,034

230.50%

Potato (1kg)

$3.85 ISK 467

$1.20 ARS 1,827

220.83%

Onion (1kg)

$1.66 ISK 201

$1.21 ARS 1,843

37.19%

Lettuce (1 head)

$3.80 ISK 461

$1.69 ARS 2,564

124.85%

Water (1.5 liter bottle)

$1.75 ISK 212

$1.78 ARS 2,704

-1.69%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$4.16 ARS 6,309

229.57%

Wine (Bottle)

$24.21 ISK 2,937

$5.70 ARS 8,656

324.74%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$2.10 ARS 3,190

68.10%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.71 ARS 4,120

22.51%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.90 ARS 1,369

538.89%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.57 ARS 2,375

321.02%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$1.01 ARS 1,540

187.13%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$7.93 ARS 12.0K

898.23%

Gasoline (1 liter)

$2.09 ISK 253

$1.42 ARS 2,159

47.18%

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

$51.0K ISK 6.2M

$28.5K ARS 43.3M

78.79%

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

$53.3K ISK 6.5M

$34.3K ARS 52.0M

55.51%

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

$95.3 ISK 11.6K

$197 ARS 298.2K

-51.53%

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

$32.35 ISK 3,923

$25.75 ARS 39.1K

25.63%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$30.50 ARS 46.3K

187.02%

Gym Membership (Monthly)

$102 ISK 12.4K

$32.87 ARS 49.9K

209.89%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$19.88 ISK 2,412

$10.48 ARS 15.9K

89.69%

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

$1,194 ISK 144.8K

$470 ARS 713.9K

153.79%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$8,758 ARS 13.3M

190.14%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$118 ARS 179.6K

25.89%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$96.3 ARS 146.1K

-30.81%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$118 ARS 178.8K

52.69%

Men's Leather Business Shoes

$253 ISK 30.7K

$141 ARS 213.6K

79.92%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$563 ARS 853.7K

353.10%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$299 ARS 453.6K

587.85%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$1,002 ARS 1.5M

249.05%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$841 ARS 1.3M

228.71%

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)

$4,573 ISK 554.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

57.25

-84.61%

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

Last update for Reykjavik: October 12, 2026

Last update for Chivilcoy: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Chivilcoy

$299 21.5% 85.5% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

Chivilcoy

$284 20.4% 54.4% $339

Eating Out

Reykjavik

$536 13.4%

Chivilcoy

$278 20% 48.2% $259

Clothing & Footwear

Reykjavik

$292 7.3%

Chivilcoy

$213 15.3% 27.1% $79

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Chivilcoy

$253 18.2% 17.5% $38

Sport & Entertainment

Reykjavik

$142 3.5%

Chivilcoy

$54 3.9% 62% $88

Getting Around

Reykjavik

$138 3.5%

Chivilcoy

$10 * 0.7% 92.6% $128

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

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $563 in Chivilcoy. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $122 in Reykjavik versus $64.0 in Chivilcoy. Monthly groceries follow the same trend: $623 vs $284 – making Chivilcoy the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇦🇷 Chivilcoy

🕒 Local time

02:32 2:32 AM

23:32 11:32 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

58,152

💱 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 18, 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 18, 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

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Highest

Between locations

Reykjavik Chivilcoy 11,510 km ≈ 15 h nonstop flight

From you

Reykjavik
Chivilcoy

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 Chivilcoy: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,002 in Reykjavik, $1,390 in Chivilcoy – roughly 188% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $2,085 in Chivilcoy. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Chivilcoy, 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 $4,002 in Reykjavik and $1,390 in Chivilcoy. That's a gap of about 188%.

Kindergarten costs $1,194 per month in Reykjavik and $470 in Chivilcoy. 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 Chivilcoy, where all-in costs run around $1,390, than in Reykjavik at $4,002. In Chivilcoy 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 $1,390 in Chivilcoy 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 Chivilcoy. 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.