Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and La Plata

For one person, living is cheaper in La Plata: $959 a month against $4,002 in Reykjavik, rent and utilities included – about $36,500 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
47

Cost of Living Index in La Plata
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La Plata Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

La Plata

🇦🇷 Argentina

$959

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in La Plata

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

A single person spends $4,002 per month in Reykjavik vs $959 in La Plata, rent included.

Reykjavik $4,002
La Plata $959

A couple spends around $5,705 per month in Reykjavik vs $1,711 in La Plata, rent included.

Reykjavik $5,705
La Plata $1,711

A family of three spends $7,407 per month in Reykjavik vs $2,464 in La Plata, rent included.

Reykjavik $7,407
La Plata $2,464

Reykjavik costs about 317% more than La Plata, and outside of rent the biggest gap is in groceries.

Reykjavik sits 196% above the global median, while La Plata is 29% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,848

$15.43 ARS 23.4K

104.54%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.9K

$49.89 ARS 75.7K

145.24%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,275

$9.82 ARS 14.9K

173.52%

Cappuccino

$6.81 ISK 831

$3.84 ARS 5,826

77.34%

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

$3.39 ISK 413

$1.54 ARS 2,342

120.13%

Water (0.33 liter bottle)

$3.20 ISK 390

$0.91 ARS 1,385

251.65%

Local Beer (0.5 liter draught)

$14.14 ISK 1,724

$4.04 ARS 6,121

250.00%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,501

$3.60 ARS 5,455

241.94%

Milk (1 liter)

$2.10 ISK 256

$1.04 ARS 1,579

101.92%

White Bread (500g)

$4.19 ISK 511

$2.18 ARS 3,301

92.20%

Rice (white) (1kg)

$3.72 ISK 454

$0.88 ARS 1,327

322.73%

Eggs

$7.05 ISK 860

$2.23 ARS 3,385

216.14%

Local Cheese (1kg)

$21.56 ISK 2,630

$9.00 ARS 13.7K

139.56%

Chicken Fillets (1kg)

$24.68 ISK 3,010

$5.40 ARS 8,182

357.04%

Beef Round Steak (1kg)

$42.19 ISK 5,145

$9.44 ARS 14.3K

346.93%

Apples (1kg)

$3.23 ISK 394

$2.08 ARS 3,155

55.29%

Banana (1kg)

$2.73 ISK 333

$1.94 ARS 2,941

40.72%

Oranges (1kg)

$3.17 ISK 387

$0.74 ARS 1,121

328.38%

Tomato (1kg)

$6.61 ISK 807

$1.55 ARS 2,355

326.45%

Potato (1kg)

$3.85 ISK 469

$0.52 ARS 789

640.38%

Onion (1kg)

$1.66 ISK 202

$0.60 ARS 916

176.67%

Lettuce (1 head)

$3.80 ISK 464

$1.01 ARS 1,534

276.24%

Water (1.5 liter bottle)

$1.75 ISK 213

$1.01 ARS 1,537

73.27%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,672

$3.23 ARS 4,900

324.46%

Wine (Bottle)

$24.21 ISK 2,953

$4.99 ARS 7,573

385.17%

Local Beer (0.5 liter bottle)

$3.53 ISK 431

$2.09 ARS 3,176

68.90%

Imported Beer (0.33 liter bottle)

$3.32 ISK 404

$2.83 ARS 4,285

17.31%

One-way Ticket (Public Transport)

$5.75 ISK 701

$0.73 ARS 1,107

687.67%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$4.59 ARS 6,961

1943.79%

Taxi Start (Normal Tariff)

$6.61 ISK 807

$1.55 ARS 2,350

326.45%

Taxi (Normal Tariff) (1km)

$2.90 ISK 354

$0.67 ARS 1,020

332.84%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,654

$7.76 ARS 11.8K

920.10%

Gasoline (1 liter)

$2.09 ISK 255

$1.16 ARS 1,755

80.17%

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

$51.0K ISK 6.2M

$22.0K ARS 33.4M

131.71%

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

$53.3K ISK 6.5M

$34.5K ARS 52.4M

54.29%

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

$95.3 ISK 11.6K

$70.9 ARS 107.6K

34.30%

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

$32.35 ISK 3,945

$11.14 ARS 16.9K

190.39%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.7K

$24.13 ARS 36.6K

262.78%

Gym Membership (Monthly)

$102 ISK 12.4K

$26.16 ARS 39.7K

289.37%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,107

$10.80 ARS 16.4K

363.70%

Cinema Ticket

$19.88 ISK 2,425

$5.36 ARS 8,121

270.90%

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

$1,194 ISK 145.6K

$138 ARS 209.5K

764.33%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$4,189 ARS 6.4M

506.55%

Jeans (Levis 501 Or Similar)

$149 ISK 18.2K

$108 ARS 163.1K

38.54%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,124

$20.87 ARS 31.6K

219.21%

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

$94.5 ARS 143.3K

90.43%

Men's Leather Business Shoes

$253 ISK 30.9K

$54.1 ARS 82.0K

368.18%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 310.9K

$346 ARS 524.8K

636.53%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 250.7K

$238 ARS 361.1K

763.49%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 426.5K

$1,207 ARS 1.8M

189.84%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 337.0K

$758 ARS 1.1M

264.47%

Buy Apartment in City Center (m2)

$8,120 ISK 990.2K

$2,009 ARS 3.0M

304.25%

Buy Apartment Outside City Center (m2)

$6,254 ISK 762.6K

$1,190 ARS 1.8M

425.53%

Average Monthly Net Salary (After Tax)

$4,573 ISK 557.7K

$716 ARS 1.1M

538.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

-79.02%

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

Last update for Reykjavik: October 12, 2026

Last update for La Plata: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

La Plata

$238 24.8% 88.4% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

La Plata

$205 21.4% 67.1% $418

Eating Out

Reykjavik

$536 13.4%

La Plata

$236 24.6% 56% $300

Clothing & Footwear

Reykjavik

$292 7.3%

La Plata

$125 13% 57.3% $167

Monthly Utilities & Internet

Reykjavik

$215 5.4%

La Plata

$106 11.1% 50.6% $109

Sport & Entertainment

Reykjavik

$142 3.5%

La Plata

$37 3.8% 74% $105

Getting Around

Reykjavik

$138 3.5%

La Plata

$12 1.3% 91% $126

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $346 in La Plata. 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 538% 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 $122 in Reykjavik versus $50.0 in La Plata. Monthly groceries follow the same trend: $623 vs $205 – making La Plata the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇦🇷 La Plata

🕒 Local time

15:00 3:00 PM

12:00 12:00 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

193,144

💱 Currency

Icelandic Króna ISK kr

Argentine Peso ARS $

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.35 EUR

10,000 ARS = 6.59 USD

10,000 ARS = 5.91 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 13, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

Argentine Peso exchange rates as of October 13, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,693 ARS (10,000 ARS = 5.91 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik La Plata 11,460 km ≈ 15 h nonstop flight

From you

Reykjavik
La Plata

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 La Plata: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,002 in Reykjavik, $959 in La Plata – roughly 317% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $1,439 in La Plata. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in La Plata, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $122 in Reykjavik and $50.0 in La Plata. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $4,002 in Reykjavik and $959 in La Plata. That's a gap of about 317%.

A $2,000 monthly budget goes further in La Plata, where all-in costs run around $959, than in Reykjavik at $4,002. In La Plata 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 $959 in La Plata 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 La Plata. 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.