Last update: Oct 2026

Cost of Living Comparison Between Vina del Mar and Reykjavik

For one person, living is cheaper in Vina del Mar: $1,062 a month against $4,002 in Reykjavik, rent and utilities included – about $35,300 less a year. Rent and utilities account for most of the difference.

51

Cost of Living Index in Vina del Mar
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Vina del Mar Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Vina del Mar

🇨🇱 Chile

$1,062

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

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

A single person spends $1,062 per month in Vina del Mar vs $4,002 in Reykjavik, rent included.

Vina del Mar $1,062
Reykjavik $4,002

A couple spends around $1,710 per month in Vina del Mar vs $5,705 in Reykjavik, rent included.

Vina del Mar $1,710
Reykjavik $5,705

A family of three spends $2,357 per month in Vina del Mar vs $7,407 in Reykjavik, rent included.

Vina del Mar $2,357
Reykjavik $7,407

Vina del Mar is about 73% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Vina del Mar sits 21% below the global median, while Reykjavik is 196% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.36 CLP 8,230

$31.56 ISK 3,828

-73.51%

Three-Course Dinner for Two, Mid-Range

$58.4 CLP 57.5K

$122 ISK 14.8K

-52.24%

Fast Food Meal (McDonalds, etc)

$7.82 CLP 7,699

$26.86 ISK 3,258

-70.89%

Cappuccino

$3.50 CLP 3,442

$6.81 ISK 827

-48.60%

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

$1.42 CLP 1,394

$3.39 ISK 411

-58.11%

Water (0.33 liter bottle)

$1.09 CLP 1,073

$3.20 ISK 388

-65.94%

Local Beer (0.5 liter draught)

$3.56 CLP 3,508

$14.14 ISK 1,715

-74.82%

Imported Beer (0.33 liter bottle)

$3.41 CLP 3,356

$12.31 ISK 1,493

-72.30%

Milk (1 liter)

$1.31 CLP 1,292

$2.10 ISK 255

-37.62%

White Bread (500g)

$1.18 CLP 1,166

$4.19 ISK 508

-71.84%

Rice (white) (1kg)

$1.64 CLP 1,618

$3.72 ISK 451

-55.91%

Eggs

$3.51 CLP 3,454

$7.05 ISK 856

-50.21%

Local Cheese (1kg)

$9.66 CLP 9,505

$21.56 ISK 2,615

-55.19%

Chicken Fillets (1kg)

$5.13 CLP 5,053

$24.68 ISK 2,993

-79.21%

Beef Round Steak (1kg)

$12.02 CLP 11.8K

$42.19 ISK 5,117

-71.51%

Apples (1kg)

$1.51 CLP 1,490

$3.23 ISK 392

-53.25%

Banana (1kg)

$1.79 CLP 1,763

$2.73 ISK 331

-34.43%

Oranges (1kg)

$1.29 CLP 1,270

$3.17 ISK 384

-59.31%

Tomato (1kg)

$1.11 CLP 1,091

$6.61 ISK 802

-83.21%

Potato (1kg)

$1.55 CLP 1,525

$3.85 ISK 467

-59.74%

Onion (1kg)

$1.26 CLP 1,241

$1.66 ISK 201

-24.10%

Lettuce (1 head)

$0.98 CLP 966

$3.80 ISK 461

-74.21%

Water (1.5 liter bottle)

$1.24 CLP 1,223

$1.75 ISK 212

-29.14%

Cigarettes 20 Pack (Marlboro, Camel)

$4.88 CLP 4,801

$13.71 ISK 1,662

-64.41%

Wine (Bottle)

$7.28 CLP 7,171

$24.21 ISK 2,937

-69.93%

Local Beer (0.5 liter bottle)

$1.75 CLP 1,727

$3.53 ISK 428

-50.42%

Imported Beer (0.33 liter bottle)

$2.15 CLP 2,121

$3.32 ISK 402

-35.24%

One-way Ticket (Public Transport)

$0.52 CLP 514

$5.75 ISK 697

-90.96%

Public Transport Monthly Pass (Regular Price)

$38.66 CLP 38.1K

$93.8 ISK 11.4K

-58.79%

Taxi Start (Normal Tariff)

$1.49 CLP 1,469

$6.61 ISK 802

-77.46%

Taxi (Normal Tariff) (1km)

$1.25 CLP 1,228

$2.90 ISK 352

-56.90%

Taxi 1hour Waiting (Normal Tariff)

$12.33 CLP 12.1K

$79.2 ISK 9,602

-84.42%

Gasoline (1 liter)

$1.36 CLP 1,338

$2.09 ISK 253

-34.93%

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

$18.3K CLP 18.0M

$51.0K ISK 6.2M

-64.15%

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

$17.4K CLP 17.2M

$53.3K ISK 6.5M

-67.25%

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

$108 CLP 106.3K

$95.3 ISK 11.6K

13.35%

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

$14.92 CLP 14.7K

$32.35 ISK 3,923

-53.88%

Internet (50+ Mbps, Unlimited Data)

$17.68 CLP 17.4K

$87.5 ISK 10.6K

-79.80%

Gym Membership (Monthly)

$44.29 CLP 43.6K

$102 ISK 12.4K

-56.52%

Tennis Court (1 Hour on Weekend)

$23.63 CLP 23.3K

$50.1 ISK 6,074

-52.82%

Cinema Ticket

$6.06 CLP 5,965

$19.88 ISK 2,412

-69.52%

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

$497 CLP 489.5K

$1,194 ISK 144.8K

-58.35%

International Primary School, 1 Child (Yearly)

$5,087 CLP 5.0M

$25.4K ISK 3.1M

-79.98%

Jeans (Levis 501 Or Similar)

$43.11 CLP 42.4K

$149 ISK 18.1K

-71.07%

Summer Dress (H&M, Zara, etc)

$33.47 CLP 32.9K

$66.6 ISK 8,080

-49.76%

Sport Shoes (Adidas, Nike)

$55.2 CLP 54.3K

$180 ISK 21.8K

-69.34%

Men's Leather Business Shoes

$85.8 CLP 84.5K

$253 ISK 30.7K

-66.11%

1-bedroom Apartment, City Center (Monthly)

$468 CLP 460.8K

$2,549 ISK 309.2K

-81.64%

1-bedroom Apartment, Outside City Center (Monthly)

$333 CLP 328.0K

$2,056 ISK 249.4K

-83.80%

3-bedroom Apartment, City Center (Monthly)

$836 CLP 823.0K

$3,498 ISK 424.2K

-76.10%

3-bedroom Apartment, Outside City Center (Monthly)

$619 CLP 609.3K

$2,764 ISK 335.2K

-77.60%

Buy Apartment in City Center (m2)

$2,379 CLP 2.3M

$8,120 ISK 984.9K

-70.70%

Buy Apartment Outside City Center (m2)

$1,525 CLP 1.5M

$6,254 ISK 758.5K

-75.62%

Average Monthly Net Salary (After Tax)

$1,075 CLP 1.1M

$4,573 ISK 554.6K

-76.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.83

8.81

-45.18%

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

Last update for Vina del Mar: October 13, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Vina del Mar

$333 31.4%

Reykjavik

$2.1K 51.4% 517% $1.7K

Groceries & Markets

Vina del Mar

$219 20.6%

Reykjavik

$623 15.6% 184% $404

Eating Out

Vina del Mar

$167 15.7%

Reykjavik

$536 13.4% 221% $369

Monthly Utilities & Internet

Vina del Mar

$141 13.2%

Reykjavik

$215 5.4% 53% $75

Clothing & Footwear

Vina del Mar

$98 9.2%

Reykjavik

$292 7.3% 198% $194

Sport & Entertainment

Vina del Mar

$56 5.3%

Reykjavik

$142 3.5% 151% $85

Getting Around

Vina del Mar

$48 4.6%

Reykjavik

$138 3.5% 185% $89

Cost Breakdown

A central one-bedroom costs $468 in Vina del Mar 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.

Salaries run about 325% 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 $58.0 in Vina del Mar versus $122 in Reykjavik. Monthly groceries follow the same trend: $219 vs $623 – making Vina del Mar the more affordable choice for daily food spending.

Good to know

🇨🇱 Vina del Mar

🇮🇸 Reykjavik

🕒 Local time

10:56 10:56 AM

13:56 1:56 PM

3 h ahead of Vina del Mar

🌤 Weather

👥 Population

332,875

136,894 Capital

💱 Currency

Chilean Peso CLP $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 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 17, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

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).

USD to CLP in detail →

On the map

Lowest

Highest

Between locations

Vina del Mar Reykjavik 11,640 km ≈ 15 h nonstop flight

From you

Vina del Mar
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

Vina del Mar vs Reykjavik: Cost of Living - Frequently Asked Questions

Reykjavik costs about 277% more than Vina del Mar, 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 $1,594 per month in Vina del Mar 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 Vina del Mar, 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 $1,062 in Vina del Mar and $4,002 in Reykjavik. That's a gap of about 277%.

Public transport costs about 143% less in Vina del Mar. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,000 monthly budget goes further in Vina del Mar, where all-in costs run around $1,062, than in Reykjavik at $4,002. In Vina del Mar it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Vina del Mar costs $1,062 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 Vina del Mar. 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.