Last update: Oct 2026

Cost of Living Comparison Between Villarrica and Reykjavik

For one person, living is cheaper in Villarrica: $403 a month against $4,002 in Reykjavik, rent and utilities included – about $43,200 less a year. Rent and utilities account for most of the difference.

51

Cost of Living Index in Villarrica
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Villarrica Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

Jump to prices

Villarrica

🇨🇱 Chile

$403

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

How much you'll spend in Villarrica 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 Villarrica and in Reykjavik actually costs, broken down by who's living it.

A single person spends $403 per month in Villarrica vs $4,002 in Reykjavik, rent included.

Villarrica $403
Reykjavik $4,002

A couple spends around $604 per month in Villarrica vs $5,705 in Reykjavik, rent included.

Villarrica $604
Reykjavik $5,705

A family of three spends $804 per month in Villarrica vs $7,407 in Reykjavik, rent included.

Villarrica $804
Reykjavik $7,407

Villarrica is about 90% cheaper than Reykjavik, and outside of rent the biggest gap is in eating out.

Villarrica sits 70% below the global median, while Reykjavik is 196% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,834

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.9K

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,263

Cappuccino

$2.28 CLP 2,250

$6.81 ISK 828

-66.52%

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

$1.52 CLP 1,493

$3.39 ISK 411

-55.16%

Water (0.33 liter bottle)

$1.05 CLP 1,031

$3.20 ISK 389

-67.19%

Local Beer (0.5 liter draught)

$2.53 CLP 2,491

$14.14 ISK 1,717

-82.11%

Imported Beer (0.33 liter bottle)

$4.69 CLP 4,617

$12.31 ISK 1,495

-61.90%

Milk (1 liter)

$1.20 CLP 1,182

$2.10 ISK 255

-42.86%

White Bread (500g)

$2.49 CLP 2,454

$4.19 ISK 509

-40.57%

Rice (white) (1kg)

$2.39 CLP 2,350

$3.72 ISK 452

-35.75%

Eggs

$3.15 CLP 3,104

$7.05 ISK 857

-55.32%

Local Cheese (1kg)

$8.24 CLP 8,121

$21.56 ISK 2,619

-61.78%

Chicken Fillets (1kg)

$10.41 CLP 10.3K

$24.68 ISK 2,998

-57.82%

Beef Round Steak (1kg)

$42.19 ISK 5,125

Apples (1kg)

$2.59 CLP 2,547

$3.23 ISK 393

-19.81%

Banana (1kg)

$1.76 CLP 1,734

$2.73 ISK 332

-35.53%

Oranges (1kg)

$2.66 CLP 2,616

$3.17 ISK 385

-16.09%

Tomato (1kg)

$1.41 CLP 1,384

$6.61 ISK 804

-78.67%

Potato (1kg)

$1.39 CLP 1,367

$3.85 ISK 467

-63.90%

Onion (1kg)

$1.21 CLP 1,194

$1.66 ISK 201

-27.11%

Lettuce (1 head)

$1.54 CLP 1,514

$3.80 ISK 462

-59.47%

Water (1.5 liter bottle)

$1.92 CLP 1,890

$1.75 ISK 212

9.71%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,665

Wine (Bottle)

$5.50 CLP 5,420

$24.21 ISK 2,942

-77.28%

Local Beer (0.5 liter bottle)

$3.53 ISK 429

Imported Beer (0.33 liter bottle)

$3.56 CLP 3,507

$3.32 ISK 403

7.23%

One-way Ticket (Public Transport)

$1.88 CLP 1,855

$5.75 ISK 698

-67.30%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$2.06 CLP 2,027

$6.61 ISK 804

-68.84%

Taxi (Normal Tariff) (1km)

$1.99 CLP 1,956

$2.90 ISK 352

-31.38%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,617

Gasoline (1 liter)

$2.09 ISK 254

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

$51.0K ISK 6.2M

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

$53.3K ISK 6.5M

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

$62.4 CLP 61.4K

$95.3 ISK 11.6K

-34.55%

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

$32.35 ISK 3,929

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

Gym Membership (Monthly)

$30.38 CLP 29.9K

$102 ISK 12.4K

-70.17%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,083

Cinema Ticket

$19.88 ISK 2,415

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

$1,194 ISK 145.0K

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,093

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

Men's Leather Business Shoes

$253 ISK 30.8K

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.7K

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.8K

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.9K

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.7K

Buy Apartment in City Center (m2)

$8,120 ISK 986.4K

Buy Apartment Outside City Center (m2)

$6,254 ISK 759.7K

Average Monthly Net Salary (After Tax)

$504 CLP 496.4K

$4,573 ISK 555.5K

-88.98%

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 Villarrica: October 11, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Villarrica

$231 * 57.3%

Reykjavik

$623 15.6% 170% $392

Monthly Utilities & Internet

Villarrica

$62 * 15.5%

Reykjavik

$215 5.4% 245% $153

Eating Out

Villarrica

$60 * 14.8%

Reykjavik

$536 13.4% 799% $477

Sport & Entertainment

Villarrica

$30 * 7.5%

Reykjavik

$142 3.5% 366% $111

Getting Around

Villarrica

$20 * 4.9%

Reykjavik

$138 3.5% 607% $118

Clothing & Footwear

Villarrica

- * 0%

Reykjavik

$292 7.3%

Accommodation & Living

Villarrica

- * 0%

Reykjavik

$2.1K 51.4%

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

Cost Breakdown

Salaries run about 807% higher in Reykjavik, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

Good to know

🇨🇱 Villarrica

🇮🇸 Reykjavik

🕒 Local time

02:59 2:59 AM

05:59 5:59 AM

3 h ahead of Villarrica

🌤 Weather

👥 Population

31,780

136,894 Capital

💱 Currency

Chilean Peso CLP $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 CLP = 10.15 USD

10,000 CLP = 9.07 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.35 EUR

Exchange rates and currency converter

ISK, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of October 15, 2026: 1 USD = 985 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,103 CLP (10,000 CLP = 9.07 EUR).

Icelandic Króna exchange rates as of October 15, 2026: 1 USD = 121 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

USD to CLP in detail →

On the map

Lowest

Highest

Between locations

Villarrica Reykjavik 12,310 km ≈ 16 h nonstop flight

From you

Villarrica
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

Villarrica vs Reykjavik: Cost of Living - Frequently Asked Questions

Reykjavik costs about 893% more than Villarrica, 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 $604 per month in Villarrica and $6,003 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $403 in Villarrica and $4,002 in Reykjavik. That's a gap of about 893%.

Groceries cost about 170% more in Reykjavik, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Villarrica, where all-in costs run around $403, than in Reykjavik at $4,002. In Villarrica it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Villarrica costs $403 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 Villarrica. 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.