Last update: Oct 2026

Cost of Living Comparison Between Villa María and Reykjavik

For one person, living is cheaper in Villa María: $1,245 a month against $4,002 in Reykjavik, rent and utilities included – about $33,100 less a year. Rent and utilities account for most of the difference.

60

Cost of Living Index in Villa María
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Villa María Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Villa María

🇦🇷 Argentina

$1,245

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

How much you'll spend in Villa María and in Reykjavik

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Villa María and in Reykjavik actually costs, broken down by who's living it.

A single person spends $1,245 per month in Villa María vs $4,002 in Reykjavik, rent included.

Villa María $1,245
Reykjavik $4,002

A couple spends around $2,044 per month in Villa María vs $5,705 in Reykjavik, rent included.

Villa María $2,044
Reykjavik $5,705

A family of three spends $2,842 per month in Villa María vs $7,407 in Reykjavik, rent included.

Villa María $2,842
Reykjavik $7,407

Villa María is about 69% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Villa María sits 8% below the global median, while Reykjavik is 196% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$14.53 ARS 22.1K

$31.56 ISK 3,828

-53.96%

Three-Course Dinner for Two, Mid-Range

$57.4 ARS 87.2K

$122 ISK 14.8K

-53.06%

Fast Food Meal (McDonalds, etc)

$14.75 ARS 22.4K

$26.86 ISK 3,258

-45.09%

Cappuccino

$4.29 ARS 6,517

$6.81 ISK 827

-37.00%

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

$2.03 ARS 3,079

$3.39 ISK 411

-40.12%

Water (0.33 liter bottle)

$1.62 ARS 2,462

$3.20 ISK 388

-49.38%

Local Beer (0.5 liter draught)

$4.09 ARS 6,212

$14.14 ISK 1,715

-71.07%

Imported Beer (0.33 liter bottle)

$4.42 ARS 6,712

$12.31 ISK 1,493

-64.09%

Milk (1 liter)

$1.17 ARS 1,770

$2.10 ISK 255

-44.29%

White Bread (500g)

$1.92 ARS 2,917

$4.19 ISK 508

-54.18%

Rice (white) (1kg)

$1.71 ARS 2,596

$3.72 ISK 451

-54.03%

Eggs

$2.80 ARS 4,251

$7.05 ISK 856

-60.28%

Local Cheese (1kg)

$10.42 ARS 15.8K

$21.56 ISK 2,615

-51.67%

Chicken Fillets (1kg)

$7.56 ARS 11.5K

$24.68 ISK 2,993

-69.37%

Beef Round Steak (1kg)

$13.07 ARS 19.8K

$42.19 ISK 5,117

-69.02%

Apples (1kg)

$2.17 ARS 3,296

$3.23 ISK 392

-32.82%

Banana (1kg)

$2.52 ARS 3,819

$2.73 ISK 331

-7.69%

Oranges (1kg)

$1.46 ARS 2,213

$3.17 ISK 384

-53.94%

Tomato (1kg)

$2.35 ARS 3,572

$6.61 ISK 802

-64.45%

Potato (1kg)

$1.10 ARS 1,666

$3.85 ISK 467

-71.43%

Onion (1kg)

$0.90 ARS 1,360

$1.66 ISK 201

-45.78%

Lettuce (1 head)

$3.80 ISK 461

Water (1.5 liter bottle)

$1.52 ARS 2,308

$1.75 ISK 212

-13.14%

Cigarettes 20 Pack (Marlboro, Camel)

$3.42 ARS 5,188

$13.71 ISK 1,662

-75.05%

Wine (Bottle)

$4.70 ARS 7,139

$24.21 ISK 2,937

-80.59%

Local Beer (0.5 liter bottle)

$1.76 ARS 2,672

$3.53 ISK 428

-50.14%

Imported Beer (0.33 liter bottle)

$3.64 ARS 5,516

$3.32 ISK 402

9.64%

One-way Ticket (Public Transport)

$0.93 ARS 1,407

$5.75 ISK 697

-83.83%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$1.41 ARS 2,145

$6.61 ISK 802

-78.67%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

Gasoline (1 liter)

$1.17 ARS 1,779

$2.09 ISK 253

-44.02%

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

$28.4K ARS 43.1M

$51.0K ISK 6.2M

-44.29%

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

$29.1K ARS 44.1M

$53.3K ISK 6.5M

-45.43%

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

$121 ARS 183.0K

$95.3 ISK 11.6K

26.57%

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

$16.55 ARS 25.1K

$32.35 ISK 3,923

-48.84%

Internet (50+ Mbps, Unlimited Data)

$23.71 ARS 36.0K

$87.5 ISK 10.6K

-72.92%

Gym Membership (Monthly)

$27.73 ARS 42.1K

$102 ISK 12.4K

-72.78%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$10.42 ARS 15.8K

$19.88 ISK 2,412

-47.59%

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

$297 ARS 450.7K

$1,194 ISK 144.8K

-75.12%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$91.4 ARS 138.7K

$149 ISK 18.1K

-38.68%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

Sport Shoes (Adidas, Nike)

$132 ARS 200.5K

$180 ISK 21.8K

-26.55%

Men's Leather Business Shoes

$132 ARS 199.9K

$253 ISK 30.7K

-47.97%

1-bedroom Apartment, City Center (Monthly)

$452 ARS 686.0K

$2,549 ISK 309.2K

-82.27%

1-bedroom Apartment, Outside City Center (Monthly)

$365 ARS 553.7K

$2,056 ISK 249.4K

-82.25%

3-bedroom Apartment, City Center (Monthly)

$933 ARS 1.4M

$3,498 ISK 424.2K

-73.33%

3-bedroom Apartment, Outside City Center (Monthly)

$819 ARS 1.2M

$2,764 ISK 335.2K

-70.35%

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 Villa María: October 12, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Villa María

$365 29.3%

Reykjavik

$2.1K 51.4% 464% $1.7K

Eating Out

Villa María

$256 20.6%

Reykjavik

$536 13.4% 110% $280

Groceries & Markets

Villa María

$250 * 20.1%

Reykjavik

$623 15.6% 150% $373

Monthly Utilities & Internet

Villa María

$161 12.9%

Reykjavik

$215 5.4% 33.8% $54

Clothing & Footwear

Villa María

$160 * 12.8%

Reykjavik

$292 7.3% 82.6% $132

Sport & Entertainment

Villa María

$49 3.9%

Reykjavik

$142 3.5% 192% $93

Getting Around

Villa María

$5.1 * 0.4%

Reykjavik

$138 3.5% 2594% $133

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

Cost Breakdown

A central one-bedroom costs $452 in Villa María versus $2,549 in Reykjavik. 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 $57.0 in Villa María versus $122 in Reykjavik. Monthly groceries follow the same trend: $250 vs $623 – making Villa María the more affordable choice for daily food spending.

Good to know

🇦🇷 Villa María

🇮🇸 Reykjavik

🕒 Local time

19:11 7:11 PM

22:11 10:11 PM

3 h ahead of Villa María

🌤 Weather

👥 Population

80,006

136,894 Capital

💱 Currency

Argentine Peso ARS $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

Exchange rates and currency converter

ISK, USD, EUR to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

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).

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).

USD to ARS in detail →

On the map

Lowest

Highest

Between locations

Villa María Reykjavik 11,330 km ≈ 15 h nonstop flight

From you

Villa María
Reykjavik

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

Villa María vs Reykjavik: Cost of Living - Frequently Asked Questions

Reykjavik costs about 221% more than Villa María, 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 $1,867 per month in Villa María and $6,003 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Villa María, 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 $1,245 in Villa María and $4,002 in Reykjavik. That's a gap of about 221%.

Kindergarten costs $297 per month in Villa María and $1,194 in Reykjavik. 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 Villa María, where all-in costs run around $1,245, than in Reykjavik at $4,002. In Villa María it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Villa María costs $1,245 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 Villa María. 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.