Cost of living comparison
Reykjavik is 3.0 times more expensive than Buenos Aires.
If you lived in Reykjavik instead of Buenos Aires, you would:
pay 2.6 times more for restaurants
Buenos Aires
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.00
$5,983.25
|
$18.40
kr2,516
|
|
Fast food combo meal
McDonalds, or similar
|
$5.00
$4,273.75
|
$15.62
kr2,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.03
$879.31
|
$2.53
kr347
|
|
Bottle of water (11 fl. oz) |
$0.90
$766.93
|
$2.03
kr277
|
|
pay 2.9 times more for groceries
Buenos Aires
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.34
$1,146.91
|
$3.40
kr466
|
|
Local cheese (8 oz) |
$3.51
$3,003.47
|
$7.20
kr984
|
|
Milk (1 gallon) |
$3.15
$2,695.88
|
$5.90
kr806
|
|
Eggs
1 dozen
|
$1.46
$1,246.48
|
$5.64
kr771
|
|
Boneless chicken breast (1 lb) |
$1.76
$1,507.61
|
$8.08
kr1,105
|
|
Apples (1 lb) |
$0.66
$564.03
|
$1.57
kr214
|
|
Bananas (1 lb) |
$0.57
$484.36
|
$0.93
kr127
|
|
Oranges (1 lb) |
$0.31
$264.93
|
$1.23
kr168
|
|
Tomatoes (1 lb) |
$0.67
$574.74
|
$2.22
kr303
|
|
Potatoes (1 lb) |
$0.30
$254.80
|
$1.24
kr170
|
|
Onions (1 lb) |
$0.33
$285.82
|
$0.69
kr94
|
|
pay 4.9 times more for transportation
Buenos Aires
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.52
$3,005.86
|
$8.90
kr1,217
|
|
Monthly public transit pass |
$6.80
$5,812.30
|
$65.56
kr8,965
|
|
New Volkswagen Golf 1.4 (standard edition) |
$25,000.00
$21,368,750.00
|
$37,150.35
kr5,080,241
|
|
Taxi trip in downtown area (5 miles) |
$5.00
$4,273.75
|
$29.44
kr4,026
|
|
pay 4.0 times more for housing
Buenos Aires
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$23.47
$20,063.03
|
$64.04
kr8,757
|
|
1-Bedroom apartment in downtown area |
$313.32
$267,810.66
|
$1,613.16
kr220,597
|
|
1-Bedroom apartment outside city center |
$225.62
$192,844.75
|
$1,379.70
kr188,671
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.96
$31,590.54
|
$69.31
kr9,479
|
|
pay 29.0% more for childcare
Buenos Aires
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$187.40
$160,180.15
|
$282.44
kr38,623
|
|
Middle school for 1 child, two semesters |
$5,653.81
$4,832,592.82
|
$6,058.18
kr828,444
|
|
pay 3.8 times more for entertainment and sports
Buenos Aires
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.00
$1,709.50
|
$9.47
kr1,295
|
|
Cappuccino in mid-range area |
$1.72
$1,467.86
|
$4.53
kr619
|
|
Pack of cigarettes
Marlboro or similar
|
$2.00
$1,709.50
|
$11.66
kr1,594
|
|
Monthly membership at local gym |
$22.07
$18,865.00
|
$67.30
kr9,204
|
|
Movie ticket to theater/cinema |
$5.00
$4,273.75
|
$13.66
kr1,868
|
|
pay 37.6% more for clothing
Buenos Aires
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$67.11
$57,358.78
|
$108.17
kr14,791
|
|
Regular dress
from H&M or similar store
|
$57.53
$49,176.78
|
$43.41
kr5,937
|
|
Running shoes
Nike or Adidas
|
$107.00
$91,461.10
|
$137.74
kr18,836
|
|
Men's business shoes (leather) |
$98.70
$84,365.31
|
$182.49
kr24,956
|
|
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