Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Coronel

193

Cost of Living Index in Reykjavik
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Reykjavik Living Index
50

Cost of Living Index in Coronel
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Coronel Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Coronel

🇨🇱 Chile

/mo nomad

Meal at Budget Restaurant

$31.56 ISK 3,834

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.9K

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,263

Cappuccino

$6.81 ISK 828

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

$3.39 ISK 411

Water (0.33 liter bottle)

$3.20 ISK 389

Local Beer (0.5 liter draught)

$14.14 ISK 1,717

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,495

Milk (1 liter)

$2.10 ISK 255

White Bread (500g)

$4.19 ISK 509

Rice (white) (1kg)

$3.72 ISK 452

Eggs

$7.05 ISK 857

Local Cheese (1kg)

$21.56 ISK 2,619

Chicken Fillets (1kg)

$24.68 ISK 2,998

Beef Round Steak (1kg)

$42.19 ISK 5,125

Apples (1kg)

$3.23 ISK 393

Banana (1kg)

$2.73 ISK 332

Oranges (1kg)

$3.17 ISK 385

Tomato (1kg)

$6.61 ISK 804

Potato (1kg)

$3.85 ISK 467

Onion (1kg)

$1.66 ISK 201

Lettuce (1 head)

$3.80 ISK 462

Water (1.5 liter bottle)

$1.75 ISK 212

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,665

Wine (Bottle)

$24.21 ISK 2,942

Local Beer (0.5 liter bottle)

$3.53 ISK 429

Imported Beer (0.33 liter bottle)

$3.32 ISK 403

One-way Ticket (Public Transport)

$5.75 ISK 698

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 804

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,617

Gasoline (1 liter)

$2.09 ISK 254

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

$51.0K ISK 6.2M

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

$53.3K ISK 6.5M

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

$95.3 ISK 11.6K

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

$32.35 ISK 3,929

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

Gym Membership (Monthly)

$102 ISK 12.4K

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,083

Cinema Ticket

$19.88 ISK 2,415

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

$1,194 ISK 145.0K

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,093

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

Men's Leather Business Shoes

$253 ISK 30.8K

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.7K

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.8K

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.9K

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.7K

Buy Apartment in City Center (m2)

$8,120 ISK 986.4K

Buy Apartment Outside City Center (m2)

$6,254 ISK 759.7K

Average Monthly Net Salary (After Tax)

$4,573 ISK 555.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

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

Last update for Reykjavik: October 12, 2026

Last update for Coronel: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Coronel

- * 0% 100%

Groceries & Markets

Reykjavik

$623 15.6%

Coronel

- * 0% 100%

Eating Out

Reykjavik

$536 13.4%

Coronel

- * 0% 100%

Clothing & Footwear

Reykjavik

$292 7.3%

Coronel

- * 100% 100%

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Coronel

- * 0% 100%

Sport & Entertainment

Reykjavik

$142 3.5%

Coronel

- * 0% 100%

Getting Around

Reykjavik

$138 3.5%

Coronel

- * 0% 100%

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

Good to know

🇮🇸 Reykjavik

🇨🇱 Coronel

🕒 Local time

08:51 8:51 AM

05:51 5:51 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

112,057

💱 Currency

Icelandic Króna ISK kr

Chilean Peso CLP $

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.35 EUR

10,000 CLP = 10.15 USD

10,000 CLP = 9.07 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 15, 2026: 1 USD = 121 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

Chilean Peso exchange rates as of October 15, 2026: 1 USD = 985 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,103 CLP (10,000 CLP = 9.07 EUR).

USD to ISK in detail →

On the map

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Between locations

Reykjavik Coronel 12,110 km ≈ 16 h nonstop flight

From you

Reykjavik
Coronel

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 Coronel: Cost of Living - Frequently Asked Questions

Families tend to lean toward Coronel – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Coronel. 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.