Cost of living comparison
Iceland is 2.8 times more expensive than Buenos Aires.
If you lived in Iceland instead of Buenos Aires, you would:
pay 2.5 times more for restaurants
|
Buenos Aires
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.00
$2,450.17
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.00
$1,750.12
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.03
$360.08
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$0.90
$314.06
|
$2.12
kr290
|
|
pay 2.6 times more for groceries
|
Buenos Aires
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.34
$469.67
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$3.51
$1,229.94
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$3.15
$1,103.98
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
$1.46
$510.44
|
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$1.76
$617.38
|
$7.09
kr968
|
|
| Apples (1 lb) |
$0.66
$230.97
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$0.57
$198.35
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.31
$108.49
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$0.67
$235.36
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$0.30
$104.34
|
$0.96
kr131
|
|
| Onions (1 lb) |
$0.33
$117.04
|
$0.51
kr70
|
|
pay 4.9 times more for transportation
|
Buenos Aires
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.52
$1,230.92
|
$8.03
kr1,096
|
|
| Monthly public transit pass |
$6.80
$2,380.17
|
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,000.00
$8,750,625.00
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) |
$5.00
$1,750.12
|
$23.97
kr3,271
|
|
pay 3.6 times more for housing
|
Buenos Aires
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.47
$8,215.93
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$313.32
$109,669.99
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$225.62
$78,971.03
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.96
$12,936.51
|
$68.63
kr9,365
|
|
pay 6.5% less for childcare
|
Buenos Aires
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$187.40
$65,594.68
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$5,653.81
$1,978,974.32
|
$2,750.10
kr375,278
|
|
pay 3.4 times more for entertainment and sports
|
Buenos Aires
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.00
$700.05
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$1.72
$601.10
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.00
$700.05
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$22.07
$7,725.33
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$5.00
$1,750.12
|
$12.27
kr1,675
|
|
pay 45.6% more for clothing
|
Buenos Aires
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.11
$23,488.75
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
$57.53
$20,138.17
|
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$107.00
$37,453.84
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$98.70
$34,548.08
|
$175.20
kr23,907
|
|
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