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
ARS8,329.37
|
$19.51
ISK2,681
|
|
Fast food combo meal
McDonalds, or similar
|
$6.00
ARS5,879.56
|
$16.45
ISK2,260
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.33
ARS1,307.82
|
$2.70
ISK371
|
|
Bottle of water (11 fl. oz) |
$0.97
ARS953.43
|
$1.95
ISK268
|
|
pay 2.1 times more for groceries
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.02
ARS1,982.29
|
$3.16
ISK433
|
|
Local cheese (8 oz) |
$4.64
ARS4,546.54
|
$6.72
ISK923
|
|
Milk (1 gallon) |
$4.08
ARS3,995.60
|
$6.27
ISK862
|
|
Eggs
1 dozen
|
$2.08
ARS2,039.87
|
$6.03
ISK828
|
|
Boneless chicken breast (1 lb) |
$2.06
ARS2,021.54
|
$7.60
ISK1,044
|
|
Apples (1 lb) |
$0.83
ARS809.47
|
$1.13
ISK155
|
|
Bananas (1 lb) |
$0.81
ARS790.04
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$0.57
ARS559.09
|
$1.15
ISK159
|
|
Tomatoes (1 lb) |
$0.75
ARS737.68
|
$1.71
ISK235
|
|
Potatoes (1 lb) |
$0.39
ARS381.83
|
$1.13
ISK155
|
|
Onions (1 lb) |
$0.40
ARS392.21
|
$0.68
ISK94
|
|
pay 3.8 times more for transportation
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.45
ARS3,382.55
|
$8.42
ISK1,157
|
|
Monthly public transit pass |
$9.00
ARS8,819.34
|
$68.29
ISK9,383
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,000.00
ARS19,598,524.24
|
$39,714.69
ISK5,456,401
|
|
Taxi trip in downtown area (5 miles) |
$7.66
ARS7,506.23
|
$23.23
ISK3,191
|
|
pay 3.1 times more for housing
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.18
ARS19,771.06
|
$74.47
ISK10,232
|
|
1-Bedroom apartment in downtown area |
$491.75
ARS481,878.71
|
$1,518.94
ISK208,687
|
|
1-Bedroom apartment outside city center |
$356.25
ARS349,098.71
|
$1,325.48
ISK182,107
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.17
ARS34,467.59
|
$66.99
ISK9,204
|
|
pay 15.3% more for childcare
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$219.88
ARS215,461.28
|
$254.97
ISK35,030
|
|
Middle school for 1 child, two semesters |
$5,225.19
ARS5,120,300.01
|
$5,993.83
ISK823,492
|
|
pay 4.0 times more for entertainment and sports
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.50
ARS1,469.89
|
$9.37
ISK1,288
|
|
Cappuccino in mid-range area |
$2.28
ARS2,233.28
|
$4.61
ISK634
|
|
Pack of cigarettes
Marlboro or similar
|
$2.00
ARS1,959.85
|
$11.22
ISK1,541
|
|
Monthly membership at local gym |
$21.45
ARS21,023.26
|
$60.00
ISK8,244
|
|
Movie ticket to theater/cinema |
$4.27
ARS4,183.09
|
$13.94
ISK1,915
|
|
pay 28.1% more for clothing
Buenos Aires
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$81.61
ARS79,967.86
|
$108.23
ISK14,870
|
|
Regular dress
from H&M or similar store
|
$65.79
ARS64,470.13
|
$59.73
ISK8,207
|
|
Running shoes
Nike or Adidas
|
$116.21
ARS113,872.80
|
$146.94
ISK20,188
|
|
Men's business shoes (leather) |
$104.11
ARS102,021.45
|
$169.24
ISK23,252
|
|
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