Cost of living comparison
Iceland is 2.5 times more expensive than Buenos Aires.
If you lived in Iceland instead of Buenos Aires, you would:
pay 2.3 times more for restaurants
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.50
ARS7,527.41
|
$19.51
ISK2,699
|
|
Fast food combo meal
McDonalds, or similar
|
$6.00
ARS5,313.47
|
$16.45
ISK2,275
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.33
ARS1,181.91
|
$2.70
ISK374
|
|
Bottle of water (11 fl. oz) |
$0.97
ARS861.63
|
$1.95
ISK270
|
|
pay 2.1 times more for groceries
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.02
ARS1,791.43
|
$3.16
ISK436
|
|
Local cheese (8 oz) |
$4.64
ARS4,108.80
|
$6.72
ISK929
|
|
Milk (1 gallon) |
$4.08
ARS3,610.90
|
$6.27
ISK867
|
|
Eggs
1 dozen
|
$2.08
ARS1,843.47
|
$6.03
ISK834
|
|
Boneless chicken breast (1 lb) |
$2.06
ARS1,826.90
|
$7.60
ISK1,051
|
|
Apples (1 lb) |
$0.83
ARS731.54
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.81
ARS713.98
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$0.57
ARS505.26
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$0.75
ARS666.65
|
$1.71
ISK237
|
|
Potatoes (1 lb) |
$0.39
ARS345.07
|
$1.13
ISK156
|
|
Onions (1 lb) |
$0.40
ARS354.45
|
$0.68
ISK94
|
|
pay 3.8 times more for transportation
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.45
ARS3,056.88
|
$8.42
ISK1,164
|
|
Monthly public transit pass |
$9.00
ARS7,970.20
|
$68.29
ISK9,444
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,000.00
ARS17,711,563.20
|
$39,714.69
ISK5,492,145
|
|
Taxi trip in downtown area (5 miles) |
$7.66
ARS6,783.53
|
$23.23
ISK3,212
|
|
pay 3.1 times more for housing
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.18
ARS17,867.49
|
$74.47
ISK10,299
|
|
1-Bedroom apartment in downtown area |
$491.75
ARS435,483.06
|
$1,518.94
ISK210,054
|
|
1-Bedroom apartment outside city center |
$356.25
ARS315,487.22
|
$1,325.48
ISK183,300
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.17
ARS31,149.03
|
$66.99
ISK9,264
|
|
pay 15.3% more for childcare
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$219.88
ARS194,716.50
|
$254.97
ISK35,259
|
|
Middle school for 1 child, two semesters |
$5,225.19
ARS4,627,313.57
|
$5,993.83
ISK828,886
|
|
pay 4.0 times more for entertainment and sports
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.50
ARS1,328.37
|
$9.37
ISK1,296
|
|
Cappuccino in mid-range area |
$2.28
ARS2,018.26
|
$4.61
ISK638
|
|
Pack of cigarettes
Marlboro or similar
|
$2.00
ARS1,771.16
|
$11.22
ISK1,551
|
|
Monthly membership at local gym |
$21.45
ARS18,999.12
|
$60.00
ISK8,298
|
|
Movie ticket to theater/cinema |
$4.27
ARS3,780.34
|
$13.94
ISK1,928
|
|
pay 28.1% more for clothing
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$81.61
ARS72,268.49
|
$108.23
ISK14,967
|
|
Regular dress
from H&M or similar store
|
$65.79
ARS58,262.90
|
$59.73
ISK8,260
|
|
Running shoes
Nike or Adidas
|
$116.21
ARS102,909.04
|
$146.94
ISK20,320
|
|
Men's business shoes (leather) |
$104.11
ARS92,198.75
|
$169.24
ISK23,404
|
|
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