Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Pergamino

For one person, living is cheaper in Pergamino: $1,373 a month against $4,002 in Reykjavik, rent and utilities included – about $31,500 less a year. Rent and utilities account for most of the difference.

193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index
65

Cost of Living Index in Pergamino
Learn more

Pergamino Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Pergamino

🇦🇷 Argentina

$1,373

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Pergamino

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

A single person spends $4,002 per month in Reykjavik vs $1,373 in Pergamino, rent included.

Reykjavik $4,002
Pergamino $1,373

A couple spends around $5,705 per month in Reykjavik vs $2,093 in Pergamino, rent included.

Reykjavik $5,705
Pergamino $2,093

A family of three spends $7,407 per month in Reykjavik vs $2,813 in Pergamino, rent included.

Reykjavik $7,407
Pergamino $2,813

Reykjavik costs about 191% more than Pergamino, and outside of rent the biggest gap is in groceries.

Both Reykjavik and Pergamino sit above the global median – Reykjavik by 196%, Pergamino by 2%.

Meal at Budget Restaurant

$31.56 ISK 3,834

$14.87 ARS 22.5K

112.24%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.9K

$30.45 ARS 46.1K

301.81%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,263

$13.18 ARS 19.9K

103.79%

Cappuccino

$6.81 ISK 828

$3.84 ARS 5,807

77.34%

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

$3.39 ISK 411

$2.03 ARS 3,066

67.00%

Water (0.33 liter bottle)

$3.20 ISK 389

$1.47 ARS 2,225

117.69%

Local Beer (0.5 liter draught)

$14.14 ISK 1,717

$3.89 ARS 5,882

263.50%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,495

$2.04 ARS 3,080

503.43%

Milk (1 liter)

$2.10 ISK 255

$1.42 ARS 2,145

47.89%

White Bread (500g)

$4.19 ISK 509

$2.52 ARS 3,805

66.27%

Rice (white) (1kg)

$3.72 ISK 452

$1.66 ARS 2,516

124.10%

Eggs

$7.05 ISK 857

$2.39 ARS 3,609

194.98%

Local Cheese (1kg)

$21.56 ISK 2,619

$10.62 ARS 16.1K

103.01%

Chicken Fillets (1kg)

$24.68 ISK 2,998

$3.05 ARS 4,608

709.18%

Beef Round Steak (1kg)

$42.19 ISK 5,125

$11.84 ARS 17.9K

256.33%

Apples (1kg)

$3.23 ISK 393

$2.86 ARS 4,319

12.94%

Banana (1kg)

$2.73 ISK 332

$2.16 ARS 3,265

26.39%

Oranges (1kg)

$3.17 ISK 385

$1.41 ARS 2,129

124.82%

Tomato (1kg)

$6.61 ISK 804

$1.98 ARS 2,990

233.84%

Potato (1kg)

$3.85 ISK 467

$1.21 ARS 1,824

218.18%

Onion (1kg)

$1.66 ISK 201

$1.25 ARS 1,894

32.80%

Lettuce (1 head)

$3.80 ISK 462

$1.68 ARS 2,537

126.19%

Water (1.5 liter bottle)

$1.75 ISK 212

$1.69 ARS 2,559

3.55%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,665

$4.32 ARS 6,531

217.36%

Wine (Bottle)

$24.21 ISK 2,942

$5.63 ARS 8,513

330.02%

Local Beer (0.5 liter bottle)

$3.53 ISK 429

$1.94 ARS 2,935

81.96%

Imported Beer (0.33 liter bottle)

$3.32 ISK 403

$2.83 ARS 4,276

17.31%

One-way Ticket (Public Transport)

$5.75 ISK 698

$1.13 ARS 1,715

408.85%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 804

$1.64 ARS 2,479

303.05%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.82 ARS 1,240

253.66%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,617

$8.04 ARS 12.2K

884.58%

Gasoline (1 liter)

$2.09 ISK 254

$1.13 ARS 1,714

84.96%

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

$51.0K ISK 6.2M

$20.2K ARS 30.6M

152.23%

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

$53.3K ISK 6.5M

$24.8K ARS 37.5M

114.86%

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

$95.3 ISK 11.6K

$197 ARS 298.1K

-51.66%

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

$32.35 ISK 3,929

$25.68 ARS 38.8K

25.97%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$31.01 ARS 46.9K

182.30%

Gym Membership (Monthly)

$102 ISK 12.4K

$31.68 ARS 47.9K

221.53%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,083

Cinema Ticket

$19.88 ISK 2,415

$10.27 ARS 15.5K

93.57%

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

$1,194 ISK 145.0K

$462 ARS 698.8K

158.44%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$8,795 ARS 13.3M

188.89%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$119 ARS 180.5K

24.90%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,093

$95.6 ARS 144.6K

-30.31%

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

$117 ARS 177.5K

53.26%

Men's Leather Business Shoes

$253 ISK 30.8K

$137 ARS 206.7K

85.31%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.7K

$486 ARS 734.6K

424.82%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.8K

$363 ARS 548.9K

466.54%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.9K

$885 ARS 1.3M

295.22%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.7K

$747 ARS 1.1M

269.99%

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

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 Pergamino: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Pergamino

$363 26.4% 82.3% $1.7K

Groceries & Markets

Reykjavik

$623 15.6%

Pergamino

$241 17.5% 61.4% $382

Eating Out

Reykjavik

$536 13.4%

Pergamino

$242 17.6% 54.9% $294

Clothing & Footwear

Reykjavik

$292 7.3%

Pergamino

$211 15.4% 27.7% $81

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Pergamino

$254 18.5% 18% $39

Sport & Entertainment

Reykjavik

$142 3.5%

Pergamino

$52 3.8% 63.1% $89

Getting Around

Reykjavik

$138 3.5%

Pergamino

$10 * 0.8% 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 $486 in Pergamino. 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 $30.00 in Pergamino. Monthly groceries follow the same trend: $623 vs $241 – making Pergamino the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇦🇷 Pergamino

🕒 Local time

17:05 5:05 PM

14:05 2:05 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

104,086

💱 Currency

Icelandic Króna ISK kr

Argentine Peso ARS $

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.35 EUR

10,000 ARS = 6.61 USD

10,000 ARS = 5.9 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 14, 2026: 1 USD = 121 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

Argentine Peso exchange rates as of October 14, 2026: 1 USD = 1,513 ARS (10,000 ARS = 6.61 USD). 1 EUR = 1,695 ARS (10,000 ARS = 5.9 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik Pergamino 11,420 km ≈ 15 h nonstop flight

From you

Reykjavik
Pergamino

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 Pergamino: Cost of Living - Frequently Asked Questions

Yes – Reykjavik is pricier by about 191%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $2,059 in Pergamino. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Pergamino, 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 $1,373 in Pergamino. That's a gap of about 191%.

Kindergarten costs $1,194 per month in Reykjavik and $462 in Pergamino. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Pergamino, where all-in costs run around $1,373, than in Reykjavik at $4,002. In Pergamino it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

Families tend to lean toward Pergamino – 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 Pergamino. 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.