Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Mariano Roque Alonso

For one person, living is cheaper in Mariano Roque Alonso: $582 a month against $4,002 in Reykjavik, rent and utilities included – about $41,000 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
28

Cost of Living Index in Mariano Roque Alonso
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Mariano Roque Alonso Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Mariano Roque Alonso

🇵🇾 Paraguay

$582

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Mariano Roque Alonso

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 Mariano Roque Alonso actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,002 in Reykjavik versus $582 in Mariano Roque Alonso.

Reykjavik $4,002
Mariano Roque Alonso $582

Estimated couple costs with rent: $5,705 in Reykjavik versus $970 in Mariano Roque Alonso.

Reykjavik $5,705
Mariano Roque Alonso $970

Monthly costs for a family of three with rent: $7,407 in Reykjavik versus $1,357 in Mariano Roque Alonso.

Reykjavik $7,407
Mariano Roque Alonso $1,357

Living in Reykjavik is roughly 587% more expensive than in Mariano Roque Alonso, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 196% above, Mariano Roque Alonso is 57% below.

Meal at Budget Restaurant

$31.56 ISK 3,828

$6.87 ₲39.0K

359.39%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$34.70 ₲197.3K

252.59%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$6.99 ₲39.8K

284.26%

Cappuccino

$6.81 ISK 827

$3.36 ₲19.1K

102.68%

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

$3.39 ISK 411

$1.09 ₲6,226

211.01%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.61 ₲3,493

424.59%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$1.95 ₲11.1K

625.13%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$1.81 ₲10.3K

580.11%

Milk (1 liter)

$2.10 ISK 255

$1.22 ₲6,925

72.13%

White Bread (500g)

$4.19 ISK 508

$0.86 ₲4,891

387.21%

Rice (white) (1kg)

$3.72 ISK 451

$1.37 ₲7,786

171.53%

Eggs

$7.05 ISK 856

$2.51 ₲14.3K

180.88%

Local Cheese (1kg)

$21.56 ISK 2,615

$9.13 ₲51.9K

136.14%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$5.28 ₲30.0K

367.42%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$8.28 ₲47.1K

409.54%

Apples (1kg)

$3.23 ISK 392

$2.12 ₲12.1K

52.36%

Banana (1kg)

$2.73 ISK 331

$0.66 ₲3,776

313.64%

Oranges (1kg)

$3.17 ISK 384

$0.92 ₲5,232

244.57%

Tomato (1kg)

$6.61 ISK 802

$2.19 ₲12.4K

201.83%

Potato (1kg)

$3.85 ISK 467

$1.39 ₲7,913

176.98%

Onion (1kg)

$1.66 ISK 201

$1.31 ₲7,455

26.72%

Lettuce (1 head)

$3.80 ISK 461

$0.69 ₲3,911

450.72%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.72 ₲4,120

143.06%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.36 ₲13.4K

480.93%

Wine (Bottle)

$24.21 ISK 2,937

$4.18 ₲23.8K

479.19%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$0.90 ₲5,103

292.22%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$1.79 ₲10.2K

85.47%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.64 ₲3,658

798.44%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.50 ₲8,525

340.67%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$1.61 ₲9,140

80.12%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$10.73 ₲61.0K

637.74%

Gasoline (1 liter)

$2.09 ISK 253

$1.24 ₲7,073

68.55%

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

$51.0K ISK 6.2M

$17.6K ₲99.9M

190.28%

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

$53.3K ISK 6.5M

$36.0K ₲204.5M

48.14%

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

$95.3 ISK 11.6K

$51.2 ₲291.4K

85.91%

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

$32.35 ISK 3,923

$17.88 ₲101.7K

80.93%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$20.94 ₲119.1K

318.05%

Gym Membership (Monthly)

$102 ISK 12.4K

$31.94 ₲181.6K

218.91%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$19.88 ISK 2,412

$7.01 ₲39.8K

183.59%

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

$1,194 ISK 144.8K

$190 ₲1.1M

527.45%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$1,261 ₲7.2M

1914.72%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$44.40 ₲252.4K

235.65%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$58.9 ₲334.8K

13.15%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$87.6 ₲498.3K

105.27%

Men's Leather Business Shoes

$253 ISK 30.7K

$73.7 ₲418.8K

243.84%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

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

$878 ₲5.0M

420.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

-2.11%

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

Last update for Reykjavik: October 12, 2026

Last update for Mariano Roque Alonso: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Mariano Roque Alonso

- * 0% 100%

Groceries & Markets

Reykjavik

$623 15.6%

Mariano Roque Alonso

$179 30.7% 71.3% $444

Eating Out

Reykjavik

$536 13.4%

Mariano Roque Alonso

$136 23.4% 74.6% $400

Clothing & Footwear

Reykjavik

$292 7.3%

Mariano Roque Alonso

$119 20.4% 59.2% $173

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Mariano Roque Alonso

$90 15.5% 58.1% $125

Sport & Entertainment

Reykjavik

$142 3.5%

Mariano Roque Alonso

$46 7.9% 67.6% $96

Getting Around

Reykjavik

$138 3.5%

Mariano Roque Alonso

$12 * 2.1% 91.2% $126

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

Cost Breakdown

Reykjavik pays 421% 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 $35.00 in Mariano Roque Alonso for a mid-range dinner for two. Groceries echo the gap at $623 vs $179 per month, with Mariano Roque Alonso cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇵🇾 Mariano Roque Alonso

🕒 Local time

06:29 6:29 AM

03:29 3:29 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

72,008

💱 Currency

Icelandic Króna ISK kr

Paraguayan Guarani PYG ₲

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

Exchange rates and currency converter

PYG, 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).

Paraguayan Guarani exchange rates as of October 18, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Reykjavik Mariano Roque Alonso 10,410 km ≈ 14 h nonstop flight

From you

Reykjavik
Mariano Roque Alonso

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 Mariano Roque Alonso: Cost of Living - Frequently Asked Questions

Mariano Roque Alonso wins on cost – living expenses run 587% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Mariano Roque Alonso the obvious pick if budget is a priority.

Average pay runs 421% higher in Reykjavik, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Childcare runs $1,194 in Reykjavik versus $190 in Mariano Roque Alonso. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Mariano Roque Alonso – a meal for two runs $35.00 versus $122 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

At $582 in Mariano Roque Alonso versus $4,002 in Reykjavik, a $1,000 budget is realistic in Mariano Roque Alonso but tight or insufficient in Reykjavik. The gap between the two cities makes Mariano Roque Alonso the clear choice for anyone on this budget.

Both work as nomad bases, but Mariano Roque Alonso delivers better value – similar infrastructure at $582 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Mariano Roque Alonso hard to pass up.

Safety-wise, Reykjavik and Mariano Roque Alonso 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 Mariano Roque Alonso gentler on the wallet – expenses run 587% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.