Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Presidencia Roque Sáenz Peña

For one person, living is cheaper in Presidencia Roque Sáenz Peña: $1,259 a month against $4,002 in Reykjavik, rent and utilities included – about $32,900 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
60

Cost of Living Index in Presidencia Roque Sáenz Peña
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Presidencia Roque Sáenz Peña Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Presidencia Roque Sáenz Peña

🇦🇷 Argentina

$1,259

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Presidencia Roque Sáenz Peña

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 Presidencia Roque Sáenz Peña actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,002 in Reykjavik versus $1,259 in Presidencia Roque Sáenz Peña.

Reykjavik $4,002
Presidencia Roque Sáenz Peña $1,259

Estimated couple costs with rent: $5,705 in Reykjavik versus $2,099 in Presidencia Roque Sáenz Peña.

Reykjavik $5,705
Presidencia Roque Sáenz Peña $2,099

Monthly costs for a family of three with rent: $7,407 in Reykjavik versus $2,939 in Presidencia Roque Sáenz Peña.

Reykjavik $7,407
Presidencia Roque Sáenz Peña $2,939

Living in Reykjavik is roughly 218% more expensive than in Presidencia Roque Sáenz Peña, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 196% above, Presidencia Roque Sáenz Peña is 7% below.

Meal at Budget Restaurant

$31.56 ISK 3,828

$17.48 ARS 26.5K

80.55%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$49.13 ARS 74.6K

149.03%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$13.90 ARS 21.1K

93.24%

Cappuccino

$6.81 ISK 827

$4.25 ARS 6,452

60.24%

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

$3.39 ISK 411

$1.95 ARS 2,960

73.85%

Water (0.33 liter bottle)

$3.20 ISK 388

$1.71 ARS 2,593

87.13%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$3.78 ARS 5,733

274.07%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$3.68 ARS 5,581

234.51%

Milk (1 liter)

$2.10 ISK 255

$1.45 ARS 2,200

44.83%

White Bread (500g)

$4.19 ISK 508

$1.92 ARS 2,921

118.23%

Rice (white) (1kg)

$3.72 ISK 451

$2.07 ARS 3,142

79.71%

Eggs

$7.05 ISK 856

$2.48 ARS 3,771

184.27%

Local Cheese (1kg)

$21.56 ISK 2,615

$9.00 ARS 13.7K

139.56%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$6.96 ARS 10.6K

254.60%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$10.21 ARS 15.5K

313.22%

Apples (1kg)

$3.23 ISK 392

$2.14 ARS 3,254

50.93%

Banana (1kg)

$2.73 ISK 331

$2.41 ARS 3,659

13.28%

Oranges (1kg)

$3.17 ISK 384

$1.59 ARS 2,413

99.37%

Tomato (1kg)

$6.61 ISK 802

$2.61 ARS 3,958

153.26%

Potato (1kg)

$3.85 ISK 467

$1.09 ARS 1,654

253.21%

Onion (1kg)

$1.66 ISK 201

$1.01 ARS 1,537

64.36%

Lettuce (1 head)

$3.80 ISK 461

Water (1.5 liter bottle)

$1.75 ISK 212

$1.69 ARS 2,567

3.55%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$3.56 ARS 5,407

285.11%

Wine (Bottle)

$24.21 ISK 2,937

$4.64 ARS 7,042

421.77%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$2.13 ARS 3,226

65.73%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$3.39 ARS 5,148

-2.06%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.92 ARS 1,400

525.00%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.63 ARS 2,467

305.52%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

Gasoline (1 liter)

$2.09 ISK 253

$1.35 ARS 2,043

54.81%

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

$51.0K ISK 6.2M

$26.4K ARS 40.0M

93.56%

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

$53.3K ISK 6.5M

$37.2K ARS 56.4M

43.24%

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

$95.3 ISK 11.6K

$143 ARS 217.0K

-33.40%

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

$32.35 ISK 3,923

$17.69 ARS 26.8K

82.87%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$27.94 ARS 42.4K

213.31%

Gym Membership (Monthly)

$102 ISK 12.4K

$28.21 ARS 42.8K

261.08%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$19.88 ISK 2,412

$8.29 ARS 12.6K

139.81%

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

$1,194 ISK 144.8K

$294 ARS 446.2K

306.12%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$120 ARS 182.0K

24.23%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$114 ARS 172.9K

57.84%

Men's Leather Business Shoes

$253 ISK 30.7K

$152 ARS 231.1K

66.26%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$545 ARS 827.2K

367.65%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$332 ARS 503.1K

520.11%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$1,122 ARS 1.7M

211.73%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$889 ARS 1.3M

211.04%

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

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

Last update for Reykjavik: October 12, 2026

Last update for Presidencia Roque Sáenz Peña: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Presidencia Roque Sáenz Peña

$332 26.3% 83.9% $1.7K

Groceries & Markets

Reykjavik

$623 15.6%

Presidencia Roque Sáenz Peña

$241 * 19.2% 61.2% $381

Eating Out

Reykjavik

$536 13.4%

Presidencia Roque Sáenz Peña

$273 21.7% 49% $263

Clothing & Footwear

Reykjavik

$292 7.3%

Presidencia Roque Sáenz Peña

$174 * 13.8% 40.5% $118

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Presidencia Roque Sáenz Peña

$189 15% 12.3% $26

Sport & Entertainment

Reykjavik

$142 3.5%

Presidencia Roque Sáenz Peña

$45 3.6% 68.4% $97

Getting Around

Reykjavik

$138 3.5%

Presidencia Roque Sáenz Peña

$5.3 * 0.4% 96.1% $133

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

Cost Breakdown

A one-bedroom apartment in the center runs $2,549 in Reykjavik and $545 in Presidencia Roque Sáenz Peña. Housing cost is often the main lever when comparing two cities.

Dining out: $122 in Reykjavik vs $49.00 in Presidencia Roque Sáenz Peña for a mid-range dinner for two. Groceries echo the gap at $623 vs $241 per month, with Presidencia Roque Sáenz Peña cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇦🇷 Presidencia Roque Sáenz Peña

🕒 Local time

18:46 6:46 PM

15:46 3:46 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

89,882

💱 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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Between locations

Reykjavik Presidencia Roque Sáenz Peña 10,650 km ≈ 14 h nonstop flight

From you

Reykjavik
Presidencia Roque Sáenz Peña

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 Presidencia Roque Sáenz Peña: Cost of Living - Frequently Asked Questions

Reykjavik and Presidencia Roque Sáenz Peña differ by about 218% in total monthly costs ($4,002 vs $1,259 including rent). Presidencia Roque Sáenz Peña is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $6,003 in Reykjavik and $1,888 in Presidencia Roque Sáenz Peña to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $2,549 in Reykjavik versus $545 in Presidencia Roque Sáenz Peña. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 158% higher in Reykjavik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $4,002 per month in Reykjavik versus $1,259 in Presidencia Roque Sáenz Peña – a 218% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,259 in Presidencia Roque Sáenz Peña versus $4,002 in Reykjavik, a $2,000 budget is realistic in Presidencia Roque Sáenz Peña but tight or insufficient in Reykjavik. The gap between the two cities makes Presidencia Roque Sáenz Peña the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Reykjavik and Presidencia Roque Sáenz Peña 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 Presidencia Roque Sáenz Peña gentler on the wallet – expenses run 218% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.