Cost of living comparison

compared to

Santiago is 29.6% cheaper than Iceland.

If you lived in Santiago instead of Iceland, you would:

Display currency: USD

pay 41.0% less for restaurants

 
Iceland
Santiago
Basic meal with drink at inexpensive restaurant $19.51
ISK2,720
$10.93
CLF0.3700
Fast food combo meal
McDonalds, or similar
$16.45
ISK2,293
$8.75
CLF0.3000
Bottle of Coca-Cola (11 fl. oz) $2.70
ISK377
$1.62
CLF0.0600

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pay 30.7% less for groceries

 
Iceland
Santiago
Bread
1 loaf
$3.16
ISK440
$1.64
CLF0.0600
Local cheese (8 oz) $6.72
ISK936
$5.60
CLF0.1900
Milk (1 gallon) $6.27
ISK874
$4.90
CLF0.1700

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pay 43.6% less for transportation

 
Iceland
Santiago
Gasoline (1 gallon) $8.42
ISK1,174
$5.36
CLF0.1800
Monthly public transit pass $68.29
ISK9,520
$43.74
CLF1.4800
New Volkswagen Golf 1.4 (standard edition) $39,714.69
ISK5,536,228
$17,494.37
CLF593.7100

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pay 31.2% less for housing

 
Iceland
Santiago
Internet connection
50 mbps or faster, cable/dsl
$74.47
ISK10,382
$21.91
CLF0.7400
1-Bedroom apartment in downtown area $1,518.94
ISK211,740
$543.19
CLF18.4300
1-Bedroom apartment outside city center $1,325.48
ISK184,772
$457.36
CLF15.5200

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pay 36.6% more for childcare

 
Iceland
Santiago
Private preschool for 1 child, monthly $254.97
ISK35,542
$405.22
CLF13.7500
Middle school for 1 child, two semesters $5,993.83
ISK835,539
$6,858.55
CLF232.7600

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pay 48.1% less for entertainment and sports

 
Iceland
Santiago
Domestic/local beer (1 pint) $9.37
ISK1,307
$3.28
CLF0.1100
Cappuccino in mid-range area $4.61
ISK643
$2.97
CLF0.1000
Pack of cigarettes
Marlboro or similar
$11.22
ISK1,564
$5.47
CLF0.1900

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pay 49.5% less for clothing

 
Iceland
Santiago
Regular jeans
Levi's brand
$108.23
ISK15,088
$54.28
CLF1.8400
Regular dress
from H&M or similar store
$59.73
ISK8,327
$32.49
CLF1.1000
Running shoes
Nike or Adidas
$146.94
ISK20,484
$74.64
CLF2.5300

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2024
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