Cost of living comparison
Iceland is 2.8 times more expensive than Argentina.
If you lived in Iceland instead of Argentina, you would:
pay 2.5 times more for restaurants
Argentina
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.30
ARS7,153.46
|
$19.51
ISK2,681
|
|
Fast food combo meal
McDonalds, or similar
|
$5.48
ARS5,370.00
|
$16.45
ISK2,260
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.16
ARS1,135.51
|
$2.70
ISK371
|
|
Bottle of water (11 fl. oz) |
$0.90
ARS885.55
|
$1.95
ISK268
|
|
pay 2.4 times more for groceries
Argentina
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.28
ARS1,257.54
|
$3.16
ISK433
|
|
Local cheese (8 oz) |
$3.38
ARS3,310.19
|
$6.72
ISK923
|
|
Milk (1 gallon) |
$3.48
ARS3,412.34
|
$6.27
ISK862
|
|
Eggs
1 dozen
|
$1.56
ARS1,533.24
|
$6.03
ISK828
|
|
Boneless chicken breast (1 lb) |
$2.03
ARS1,989.95
|
$7.60
ISK1,044
|
|
Apples (1 lb) |
$0.77
ARS757.78
|
$1.13
ISK155
|
|
Bananas (1 lb) |
$0.69
ARS679.80
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$0.55
ARS539.69
|
$1.15
ISK159
|
|
Tomatoes (1 lb) |
$0.65
ARS636.15
|
$1.71
ISK235
|
|
Potatoes (1 lb) |
$0.36
ARS350.04
|
$1.13
ISK155
|
|
Onions (1 lb) |
$0.36
ARS349.89
|
$0.68
ISK94
|
|
pay 2.6 times more for transportation
Argentina
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.48
ARS3,412.21
|
$8.42
ISK1,157
|
|
Monthly public transit pass |
$18.58
ARS18,205.75
|
$68.29
ISK9,383
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,409.10
ARS23,919,116.90
|
$39,714.69
ISK5,456,401
|
|
Taxi trip in downtown area (5 miles) |
$8.41
ARS8,241.32
|
$23.23
ISK3,191
|
|
pay 4.7 times more for housing
Argentina
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$18.92
ARS18,535.75
|
$74.47
ISK10,232
|
|
1-Bedroom apartment in downtown area |
$254.53
ARS249,418.27
|
$1,518.94
ISK208,687
|
|
1-Bedroom apartment outside city center |
$191.20
ARS187,366.51
|
$1,325.48
ISK182,107
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.37
ARS35,644.43
|
$66.99
ISK9,204
|
|
pay 63.1% more for childcare
Argentina
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$144.96
ARS142,050.22
|
$254.97
ISK35,030
|
|
Middle school for 1 child, two semesters |
$3,988.68
ARS3,908,607.30
|
$5,993.83
ISK823,492
|
|
pay 4.0 times more for entertainment and sports
Argentina
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.79
ARS1,757.65
|
$9.37
ISK1,288
|
|
Cappuccino in mid-range area |
$1.85
ARS1,808.63
|
$4.61
ISK634
|
|
Pack of cigarettes
Marlboro or similar
|
$1.92
ARS1,881.78
|
$11.22
ISK1,541
|
|
Monthly membership at local gym |
$19.65
ARS19,255.26
|
$60.00
ISK8,244
|
|
Movie ticket to theater/cinema |
$4.34
ARS4,255.07
|
$13.94
ISK1,915
|
|
pay 53.0% more for clothing
Argentina
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$59.90
ARS58,702.22
|
$108.23
ISK14,870
|
|
Regular dress
from H&M or similar store
|
$54.50
ARS53,405.86
|
$59.73
ISK8,207
|
|
Running shoes
Nike or Adidas
|
$106.78
ARS104,634.24
|
$146.94
ISK20,188
|
|
Men's business shoes (leather) |
$91.91
ARS90,067.66
|
$169.24
ISK23,252
|
|
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