Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and San Martin de los Andes

For one person, living is cheaper in San Martin de los Andes: $1,257 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 San Martin de los Andes
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San Martin de los Andes Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

San Martin de los Andes

🇦🇷 Argentina

$1,257

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in San Martin de los Andes

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 Martin de los Andes actually costs, broken down by who's living it.

A single person spends $4,002 per month in Reykjavik vs $1,257 in San Martin de los Andes, rent included.

Reykjavik $4,002
San Martin de los Andes $1,257

A couple spends around $5,705 per month in Reykjavik vs $2,090 in San Martin de los Andes, rent included.

Reykjavik $5,705
San Martin de los Andes $2,090

A family of three spends $7,407 per month in Reykjavik vs $2,922 in San Martin de los Andes, rent included.

Reykjavik $7,407
San Martin de los Andes $2,922

Reykjavik costs about 218% more than San Martin de los Andes, and outside of rent the biggest gap is in groceries.

Reykjavik sits 196% above the global median, while San Martin de los Andes is 7% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,828

$15.31 ARS 23.2K

106.14%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$56.4 ARS 85.6K

116.93%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$14.59 ARS 22.1K

84.10%

Cappuccino

$6.81 ISK 827

$3.51 ARS 5,334

94.02%

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

$3.39 ISK 411

$2.20 ARS 3,335

54.09%

Water (0.33 liter bottle)

$3.20 ISK 388

$2.18 ARS 3,312

46.79%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$3.88 ARS 5,881

264.43%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$4.41 ARS 6,690

179.14%

Milk (1 liter)

$2.10 ISK 255

$1.49 ARS 2,266

40.94%

White Bread (500g)

$4.19 ISK 508

$2.16 ARS 3,282

93.98%

Rice (white) (1kg)

$3.72 ISK 451

$1.84 ARS 2,790

102.17%

Eggs

$7.05 ISK 856

$3.08 ARS 4,667

128.90%

Local Cheese (1kg)

$21.56 ISK 2,615

$10.67 ARS 16.2K

102.06%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$8.72 ARS 13.2K

183.03%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$10.02 ARS 15.2K

321.06%

Apples (1kg)

$3.23 ISK 392

$2.40 ARS 3,646

34.58%

Banana (1kg)

$2.73 ISK 331

$2.50 ARS 3,787

9.20%

Oranges (1kg)

$3.17 ISK 384

$1.72 ARS 2,605

84.30%

Tomato (1kg)

$6.61 ISK 802

$2.79 ARS 4,231

136.92%

Potato (1kg)

$3.85 ISK 467

$0.97 ARS 1,466

296.91%

Onion (1kg)

$1.66 ISK 201

$0.85 ARS 1,296

95.29%

Lettuce (1 head)

$3.80 ISK 461

Water (1.5 liter bottle)

$1.75 ISK 212

$1.90 ARS 2,886

-7.89%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.97 ARS 4,501

361.62%

Wine (Bottle)

$24.21 ISK 2,937

$5.48 ARS 8,316

341.79%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.90 ARS 2,882

85.79%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$3.53 ARS 5,362

-5.95%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.99 ARS 1,509

480.81%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.31 ARS 1,989

404.58%

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

$1.25 ARS 1,903

67.20%

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

$51.0K ISK 6.2M

$27.8K ARS 42.2M

83.59%

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

$53.3K ISK 6.5M

$32.1K ARS 48.7M

65.97%

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

$95.3 ISK 11.6K

$141 ARS 214.5K

-32.61%

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

$32.35 ISK 3,923

$19.33 ARS 29.3K

67.36%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$24.49 ARS 37.2K

257.45%

Gym Membership (Monthly)

$102 ISK 12.4K

$27.09 ARS 41.1K

276.01%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$19.88 ISK 2,412

$8.87 ARS 13.5K

124.13%

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

$1,194 ISK 144.8K

$255 ARS 386.5K

368.78%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$100 ARS 152.3K

48.48%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$126 ARS 190.6K

43.23%

Men's Leather Business Shoes

$253 ISK 30.7K

$137 ARS 207.3K

85.39%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$587 ARS 891.5K

333.89%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$340 ARS 515.7K

505.00%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$1,086 ARS 1.6M

222.05%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$851 ARS 1.3M

224.92%

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 San Martin de los Andes: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

San Martin de los Andes

$340 27% 83.5% $1.7K

Groceries & Markets

Reykjavik

$623 15.6%

San Martin de los Andes

$265 * 21.1% 57.5% $358

Eating Out

Reykjavik

$536 13.4%

San Martin de los Andes

$254 20.2% 52.6% $282

Clothing & Footwear

Reykjavik

$292 7.3%

San Martin de los Andes

$163 * 13% 44.1% $129

Monthly Utilities & Internet

Reykjavik

$215 5.4%

San Martin de los Andes

$185 14.7% 13.9% $30

Sport & Entertainment

Reykjavik

$142 3.5%

San Martin de los Andes

$45 3.6% 68.4% $97

Getting Around

Reykjavik

$138 3.5%

San Martin de los Andes

$5.3 * 0.4% 96.2% $133

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 $587 in San Martin de los Andes. 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 $56.0 in San Martin de los Andes. Monthly groceries follow the same trend: $623 vs $265 – making San Martin de los Andes the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇦🇷 San Martin de los Andes

🕒 Local time

16:50 4:50 PM

13:50 1:50 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

36,913

💱 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 17, 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 17, 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

Lowest

Highest

Between locations

Reykjavik San Martin de los Andes 12,380 km ≈ 16 h nonstop flight

From you

Reykjavik
San Martin de los Andes

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 Martin de los Andes: Cost of Living - Frequently Asked Questions

Reykjavik costs about 218% more than San Martin de los Andes, and outside of rent the gap comes mainly from groceries. 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 $1,886 in San Martin de los Andes. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in San Martin de los Andes, 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 $1,257 in San Martin de los Andes. That's a gap of about 218%.

Kindergarten costs $1,194 per month in Reykjavik and $255 in San Martin de los Andes. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in San Martin de los Andes, where all-in costs run around $1,257, than in Reykjavik at $4,002. In San Martin de los Andes 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 Martin de los Andes costs $1,257 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 Martin de los Andes. 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.