Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Treinta y Tres

For one person, living is cheaper in Treinta y Tres: $1,054 a month against $4,023 in Reykjavik, rent and utilities included – about $35,600 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
51

Cost of Living Index in Treinta y Tres
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Treinta y Tres Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Treinta y Tres

🇺🇾 Uruguay

$1,054

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Treinta y Tres

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 Treinta y Tres actually costs, broken down by who's living it.

A single person spends $4,023 per month in Reykjavik vs $1,054 in Treinta y Tres, rent included.

Reykjavik $4,023
Treinta y Tres $1,054

A couple spends around $5,708 per month in Reykjavik vs $1,609 in Treinta y Tres, rent included.

Reykjavik $5,708
Treinta y Tres $1,609

A family of three spends $7,393 per month in Reykjavik vs $2,164 in Treinta y Tres, rent included.

Reykjavik $7,393
Treinta y Tres $2,164

Reykjavik costs about 282% more than Treinta y Tres, and outside of rent the biggest gap is in groceries.

Reykjavik sits 197% above the global median, while Treinta y Tres is 22% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.00 ISK 3,760

$13.69 UYU 549

126.44%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$44.36 UYU 1,781

177.73%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$8.52 UYU 342

219.37%

Cappuccino

$6.90 ISK 837

$2.66 UYU 107

159.40%

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

$3.30 ISK 401

$2.74 UYU 110

20.44%

Water (0.33 liter bottle)

$3.16 ISK 384

$2.00 UYU 80.1

58.00%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$2.30 UYU 92.2

501.74%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$2.95 UYU 118

322.37%

Milk (1 liter)

$2.06 ISK 250

$1.11 UYU 44.58

85.59%

White Bread (500g)

$4.11 ISK 498

$2.22 UYU 89.0

85.14%

Rice (white) (1kg)

$3.68 ISK 446

$1.68 UYU 67.4

119.05%

Eggs

$7.27 ISK 882

$3.78 UYU 152

92.33%

Local Cheese (1kg)

$21.79 ISK 2,643

$12.67 UYU 509

71.98%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$8.82 UYU 354

171.54%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$7.51 UYU 301

451.66%

Apples (1kg)

$3.42 ISK 414

$2.15 UYU 86.3

59.07%

Banana (1kg)

$2.84 ISK 344

$1.23 UYU 49.32

130.89%

Oranges (1kg)

$3.23 ISK 391

$1.53 UYU 61.6

111.11%

Tomato (1kg)

$6.46 ISK 783

$2.32 UYU 93.3

178.45%

Potato (1kg)

$4.05 ISK 491

$1.27 UYU 51.0

218.90%

Onion (1kg)

$1.66 ISK 202

$2.10 UYU 84.1

-20.95%

Lettuce (1 head)

$3.86 ISK 468

$1.14 UYU 45.86

238.60%

Water (1.5 liter bottle)

$1.84 ISK 223

$1.90 UYU 76.2

-3.16%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$5.39 UYU 216

159.00%

Wine (Bottle)

$23.76 ISK 2,882

$5.39 UYU 216

340.82%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$2.20 UYU 88.2

60.91%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.85 UYU 114

20.70%

One-way Ticket (Public Transport)

$5.81 ISK 705

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.23 UYU 49.42

446.34%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.43 UYU 17.27

553.49%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$10.75 UYU 431

656.65%

Gasoline (1 liter)

$2.12 ISK 257

$1.88 UYU 75.4

12.77%

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

$68.9K ISK 8.4M

$20.0K UYU 802.4K

244.80%

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

$55.8K ISK 6.8M

$36.1K UYU 1.5M

54.38%

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

$95.8 ISK 11.6K

$114 UYU 4,586

-16.15%

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

$33.11 ISK 4,016

$12.66 UYU 508

161.53%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$37.83 UYU 1,518

130.37%

Gym Membership (Monthly)

$101 ISK 12.3K

$30.40 UYU 1,220

232.50%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

Cinema Ticket

$19.85 ISK 2,407

$6.13 UYU 246

223.82%

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

$1,195 ISK 144.9K

$173 UYU 6,934

591.52%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$2,661 UYU 106.8K

885.47%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$62.7 UYU 2,516

136.50%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$20.07 UYU 805

232.59%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$98.7 UYU 3,962

89.00%

Men's Leather Business Shoes

$253 ISK 30.6K

$111 UYU 4,470

126.84%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$458 UYU 18.4K

463.62%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$249 UYU 10.0K

734.91%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$614 UYU 24.6K

462.96%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$375 UYU 15.1K

633.20%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$789 UYU 31.7K

905.91%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$753 UYU 30.2K

523.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

120.25%

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

Last update for Reykjavik: October 20, 2026

Last update for Treinta y Tres: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Treinta y Tres

$249 23.7% 88% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Treinta y Tres

$258 24.5% 58.3% $361

Eating Out

Reykjavik

$532 13.2%

Treinta y Tres

$203 19.3% 61.8% $329

Clothing & Footwear

Reykjavik

$294 7.3%

Treinta y Tres

$132 12.5% 55.2% $163

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Treinta y Tres

$165 15.6% 23.7% $51

Sport & Entertainment

Reykjavik

$141 3.5%

Treinta y Tres

$43 4.1% 69.7% $98

Getting Around

Reykjavik

$139 3.5%

Treinta y Tres

$3.4 * 0.3% 97.6% $136

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

Cost Breakdown

A central one-bedroom costs $2,579 in Reykjavik versus $458 in Treinta y Tres. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 524% higher in Reykjavik, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $123 in Reykjavik versus $44.00 in Treinta y Tres. Monthly groceries follow the same trend: $619 vs $258 – making Treinta y Tres the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇺🇾 Treinta y Tres

🕒 Local time

00:21 12:21 AM

21:21 9:21 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

32,259

💱 Currency

Icelandic Króna ISK kr

Uruguayan Peso UYU $U

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 21, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Uruguayan Peso exchange rates as of October 21, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik Treinta y Tres 11,200 km ≈ 14 h nonstop flight

From you

Reykjavik
Treinta y Tres

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 Treinta y Tres: Cost of Living - Frequently Asked Questions

Reykjavik costs about 282% more than Treinta y Tres, 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 $6,034 per month in Reykjavik and $1,580 in Treinta y Tres. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Treinta y Tres, 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 $4,023 in Reykjavik and $1,054 in Treinta y Tres. That's a gap of about 282%.

Kindergarten costs $1,195 per month in Reykjavik and $173 in Treinta y Tres. 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 Treinta y Tres, where all-in costs run around $1,054, than in Reykjavik at $4,023. In Treinta y Tres it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Treinta y Tres costs $1,054 versus $4,023 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 Treinta y Tres. 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.