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
ARS6,646.60
|
$19.51
ISK2,708
|
|
Fast food combo meal
McDonalds, or similar
|
$5.48
ARS4,989.51
|
$16.45
ISK2,283
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.16
ARS1,055.05
|
$2.70
ISK375
|
|
Bottle of water (11 fl. oz) |
$0.90
ARS822.80
|
$1.95
ISK271
|
|
pay 2.4 times more for groceries
Argentina
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.28
ARS1,168.44
|
$3.16
ISK438
|
|
Local cheese (8 oz) |
$3.38
ARS3,075.65
|
$6.72
ISK932
|
|
Milk (1 gallon) |
$3.48
ARS3,170.56
|
$6.27
ISK870
|
|
Eggs
1 dozen
|
$1.56
ARS1,424.60
|
$6.03
ISK837
|
|
Boneless chicken breast (1 lb) |
$2.03
ARS1,848.95
|
$7.60
ISK1,055
|
|
Apples (1 lb) |
$0.77
ARS704.08
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.69
ARS631.63
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$0.55
ARS501.45
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$0.65
ARS591.08
|
$1.71
ISK238
|
|
Potatoes (1 lb) |
$0.36
ARS325.24
|
$1.13
ISK157
|
|
Onions (1 lb) |
$0.36
ARS325.09
|
$0.68
ISK95
|
|
pay 2.6 times more for transportation
Argentina
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.48
ARS3,170.43
|
$8.42
ISK1,169
|
|
Monthly public transit pass |
$18.58
ARS16,915.79
|
$68.29
ISK9,478
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,409.10
ARS22,224,331.68
|
$39,714.69
ISK5,511,605
|
|
Taxi trip in downtown area (5 miles) |
$8.41
ARS7,657.38
|
$23.23
ISK3,224
|
|
pay 4.7 times more for housing
Argentina
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$18.92
ARS17,222.40
|
$74.47
ISK10,335
|
|
1-Bedroom apartment in downtown area |
$254.53
ARS231,745.78
|
$1,518.94
ISK210,798
|
|
1-Bedroom apartment outside city center |
$191.20
ARS174,090.68
|
$1,325.48
ISK183,950
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.37
ARS33,118.85
|
$66.99
ISK9,297
|
|
pay 63.1% more for childcare
Argentina
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$144.96
ARS131,985.27
|
$254.97
ISK35,384
|
|
Middle school for 1 child, two semesters |
$3,988.68
ARS3,631,663.55
|
$5,993.83
ISK831,823
|
|
pay 4.0 times more for entertainment and sports
Argentina
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.79
ARS1,633.11
|
$9.37
ISK1,301
|
|
Cappuccino in mid-range area |
$1.85
ARS1,680.48
|
$4.61
ISK640
|
|
Pack of cigarettes
Marlboro or similar
|
$1.92
ARS1,748.45
|
$11.22
ISK1,557
|
|
Monthly membership at local gym |
$19.65
ARS17,890.93
|
$60.00
ISK8,327
|
|
Movie ticket to theater/cinema |
$4.34
ARS3,953.58
|
$13.94
ISK1,935
|
|
pay 53.0% more for clothing
Argentina
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$59.90
ARS54,542.88
|
$108.23
ISK15,020
|
|
Regular dress
from H&M or similar store
|
$54.50
ARS49,621.79
|
$59.73
ISK8,290
|
|
Running shoes
Nike or Adidas
|
$106.78
ARS97,220.40
|
$146.94
ISK20,392
|
|
Men's business shoes (leather) |
$91.91
ARS83,685.93
|
$169.24
ISK23,487
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Argentina. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.