Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and San Luis

For one person, living is cheaper in San Luis: $1,175 a month against $4,002 in Reykjavik, rent and utilities included – about $33,900 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
56

Cost of Living Index in San Luis
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San Luis Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

San Luis

🇦🇷 Argentina

$1,175

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in San Luis

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

A single person spends $4,002 per month in Reykjavik vs $1,175 in San Luis, rent included.

Reykjavik $4,002
San Luis $1,175

A couple spends around $5,705 per month in Reykjavik vs $1,962 in San Luis, rent included.

Reykjavik $5,705
San Luis $1,962

A family of three spends $7,407 per month in Reykjavik vs $2,749 in San Luis, rent included.

Reykjavik $7,407
San Luis $2,749

Reykjavik costs about 241% more than San Luis, and outside of rent the biggest gap is in eating out.

Reykjavik sits 196% above the global median, while San Luis is 13% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,848

$8.42 ARS 12.8K

274.82%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.9K

$50.1 ARS 76.0K

144.16%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,275

$8.72 ARS 13.2K

208.03%

Cappuccino

$6.81 ISK 831

$2.10 ARS 3,180

224.29%

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

$3.39 ISK 413

$2.36 ARS 3,585

43.64%

Water (0.33 liter bottle)

$3.20 ISK 390

$1.88 ARS 2,852

70.21%

Local Beer (0.5 liter draught)

$14.14 ISK 1,724

$3.25 ARS 4,926

335.08%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,501

$4.54 ARS 6,881

171.15%

Milk (1 liter)

$2.10 ISK 256

$1.23 ARS 1,863

70.73%

White Bread (500g)

$4.19 ISK 511

$2.04 ARS 3,090

105.39%

Rice (white) (1kg)

$3.72 ISK 454

$1.06 ARS 1,602

250.94%

Eggs

$7.05 ISK 860

$3.05 ARS 4,623

131.15%

Local Cheese (1kg)

$21.56 ISK 2,630

$14.72 ARS 22.3K

46.47%

Chicken Fillets (1kg)

$24.68 ISK 3,010

$6.40 ARS 9,702

285.63%

Beef Round Steak (1kg)

$42.19 ISK 5,145

$11.02 ARS 16.7K

282.85%

Apples (1kg)

$3.23 ISK 394

$2.34 ARS 3,552

38.03%

Banana (1kg)

$2.73 ISK 333

$2.14 ARS 3,244

27.57%

Oranges (1kg)

$3.17 ISK 387

$1.35 ARS 2,045

134.81%

Tomato (1kg)

$6.61 ISK 807

$3.18 ARS 4,825

107.86%

Potato (1kg)

$3.85 ISK 469

$0.98 ARS 1,484

292.86%

Onion (1kg)

$1.66 ISK 202

$1.45 ARS 2,197

14.48%

Lettuce (1 head)

$3.80 ISK 464

$1.93 ARS 2,933

96.89%

Water (1.5 liter bottle)

$1.75 ISK 213

$2.44 ARS 3,697

-28.28%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,672

$2.81 ARS 4,254

387.90%

Wine (Bottle)

$24.21 ISK 2,953

$5.11 ARS 7,749

373.78%

Local Beer (0.5 liter bottle)

$3.53 ISK 431

$1.70 ARS 2,581

107.65%

Imported Beer (0.33 liter bottle)

$3.32 ISK 404

$2.98 ARS 4,514

11.41%

One-way Ticket (Public Transport)

$5.75 ISK 701

$0.63 ARS 949

812.70%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 807

$0.66 ARS 1,003

901.52%

Taxi (Normal Tariff) (1km)

$2.90 ISK 354

$1.02 ARS 1,550

184.31%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,654

$4.75 ARS 7,210

1566.53%

Gasoline (1 liter)

$2.09 ISK 255

$1.21 ARS 1,838

72.73%

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

$51.0K ISK 6.2M

$27.3K ARS 41.3M

87.15%

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

$53.3K ISK 6.5M

$33.4K ARS 50.6M

59.57%

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

$95.3 ISK 11.6K

$39.37 ARS 59.7K

141.96%

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

$32.35 ISK 3,945

$16.91 ARS 25.6K

91.31%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.7K

$24.67 ARS 37.4K

254.84%

Gym Membership (Monthly)

$102 ISK 12.4K

$33.15 ARS 50.3K

207.27%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,107

Cinema Ticket

$19.88 ISK 2,425

$5.46 ARS 8,274

264.10%

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

$1,194 ISK 145.6K

$176 ARS 266.4K

579.67%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$4,167 ARS 6.3M

509.82%

Jeans (Levis 501 Or Similar)

$149 ISK 18.2K

$126 ARS 191.6K

17.98%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,124

$142 ARS 215.1K

-53.03%

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

$144 ARS 218.5K

24.86%

Men's Leather Business Shoes

$253 ISK 30.9K

$161 ARS 243.7K

57.61%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 310.9K

$446 ARS 676.9K

471.09%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 250.7K

$351 ARS 532.6K

485.45%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 426.5K

$1,077 ARS 1.6M

224.67%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 337.0K

$781 ARS 1.2M

253.66%

Buy Apartment in City Center (m2)

$8,120 ISK 990.2K

Buy Apartment Outside City Center (m2)

$6,254 ISK 762.6K

Average Monthly Net Salary (After Tax)

$4,573 ISK 557.7K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

-85.07%

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

Last update for Reykjavik: October 12, 2026

Last update for San Luis: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

San Luis

$351 29.9% 82.9% $1.7K

Groceries & Markets

Reykjavik

$623 15.6%

San Luis

$272 23.1% 56.4% $351

Eating Out

Reykjavik

$536 13.4%

San Luis

$161 13.7% 70% $375

Clothing & Footwear

Reykjavik

$292 7.3%

San Luis

$258 21.9% 11.7% $34

Monthly Utilities & Internet

Reykjavik

$215 5.4%

San Luis

$81 6.9% 62.4% $134

Sport & Entertainment

Reykjavik

$142 3.5%

San Luis

$44 3.8% 68.9% $98

Getting Around

Reykjavik

$138 3.5%

San Luis

$8.3 * 0.7% 94% $130

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 $446 in San Luis. 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 $50.0 in San Luis. Monthly groceries follow the same trend: $623 vs $272 – making San Luis the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇦🇷 San Luis

🕒 Local time

15:38 3:38 PM

12:38 12:38 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

204,019

💱 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 San Luis 11,510 km ≈ 15 h nonstop flight

From you

Reykjavik
San Luis

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 San Luis: Cost of Living - Frequently Asked Questions

Reykjavik costs about 241% more than San Luis, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $1,762 in San Luis. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in San Luis, 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 $1,175 in San Luis. That's a gap of about 241%.

Kindergarten costs $1,194 per month in Reykjavik and $176 in San Luis. 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 San Luis, where all-in costs run around $1,175, than in Reykjavik at $4,002. In San Luis it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. San Luis costs $1,175 versus $4,002 in Reykjavik. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 San Luis. 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.