Cost of living comparison
compared to
Reykjavik vs. Iquique Cost of Living Summary
Reykjavik is 2.7 times more expensive than Iquique.
- Restaurants
- pay 3.0 times more in Reykjavik
- Groceries
- pay 2.8 times more in Reykjavik
- Transportation
- pay 86.4% more in Reykjavik
- Housing
- pay 3.8 times more in Reykjavik
- Childcare
- pay 24.9% more in Reykjavik
- Entertainment and Sports
- pay 2.4 times more in Reykjavik
- Clothing
- pay 3.9 times more in Reykjavik
Reykjavik vs. Iquique Cost Breakdown
If you lived in Reykjavik instead of Iquique, you would:
pay 3.0 times more for restaurants
Iquique | Reykjavik | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $7.87 CLF0.1800 | $27.48 ISK3,476 | |
| Fast food combo meal McDonalds, or similar | $7.14 CLF0.1700 | $22.76 ISK2,879 | |
| Bottle of Coca-Cola (11 fl. oz) | $1.29 CLF0.0300 | $3.34 ISK422 | |
| Bottle of water (11 fl. oz) | $1.01 CLF0.0200 | $2.70 ISK341 | |
Iquique vs. Reykjavik - Cost of restaurants
Improve prices · Change currency (USD)
pay 2.8 times more for groceries
Iquique | Reykjavik | ||
|---|---|---|---|
| Bread 1 loaf | $1.18 CLF0.0300 | $4.63 ISK586 | |
| Local cheese (8 oz) | $5.25 CLF0.1200 | $9.44 ISK1,194 | |
| Milk (1 gallon) | $4.31 CLF0.1000 | $7.63 ISK965 | |
| Eggs 1 dozen | $3.15 CLF0.0700 | $6.50 ISK822 | |
| Boneless chicken breast (1 lb) | $4.76 CLF0.1100 | $11.29 ISK1,428 | |
| Apples (1 lb) | $1.05 CLF0.0200 | $1.59 ISK201 | |
| Bananas (1 lb) | $1.02 CLF0.0200 | $1.17 ISK148 | |
| Oranges (1 lb) | $0.71 CLF0.0200 | $1.49 ISK188 | |
| Tomatoes (1 lb) | $0.50 CLF0.0100 | $2.54 ISK321 | |
| Potatoes (1 lb) | $0.36 CLF0.0100 | $1.70 ISK215 | |
| Onions (1 lb) | $0.29 CLF0.0100 | $1.13 ISK143 | |
Iquique vs. Reykjavik - Cost of groceries
Improve prices · Change currency (USD)
pay 86.4% more for transportation
Iquique | Reykjavik | ||
|---|---|---|---|
| Gasoline (1 gallon) | $5.18 CLF0.1200 | $9.66 ISK1,222 | |
| Monthly public transit pass | ?? | $88.58 ISK11,205 | |
| New Volkswagen Golf 1.4 (standard edition) | ?? | $50,771.00 ISK6M | |
| Taxi trip in downtown area (5 miles) | ?? | $28.07 ISK3,550 | |
Iquique vs. Reykjavik - Cost of transportation
Improve prices · Change currency (USD)
pay 3.8 times more for housing
Iquique | Reykjavik | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | ?? | $81.97 ISK10,368 | |
| 1-Bedroom apartment in downtown area | $433.07 CLF10.1600 | $2,259.48 ISK286K | |
| 1-Bedroom apartment outside city center | $384.95 CLF9.0400 | $2,034.90 ISK257K | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $60.39 CLF1.4200 | $60.87 ISK7,700 | |
Iquique vs. Reykjavik - Cost of housing
Improve prices · Change currency (USD)
pay 24.9% more for childcare
Iquique | Reykjavik | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $262.46 CLF6.1600 | $327.78 ISK41,461 | |
| Middle school for 1 child, two semesters | ?? | $30,711.08 ISK4M | |
Iquique vs. Reykjavik - Cost of childcare
Improve prices · Change currency (USD)
pay 2.4 times more for entertainment and sports
Iquique | Reykjavik | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $3.31 CLF0.0800 | $13.12 ISK1,660 | |
| Cappuccino in mid-range area | $3.54 CLF0.0800 | $6.17 ISK781 | |
| Pack of cigarettes Marlboro or similar | $7.35 CLF0.1700 | $13.94 ISK1,763 | |
| Monthly membership at local gym | $41.99 CLF0.9900 | $87.35 ISK11,049 | |
| Movie ticket to theater/cinema | $7.14 CLF0.1700 | $17.18 ISK2,174 | |
Iquique vs. Reykjavik - Cost of entertainment and sports
Improve prices · Change currency (USD)
pay 3.9 times more for clothing
Iquique | Reykjavik | ||
|---|---|---|---|
| Regular jeans Levi's brand | $31.50 CLF0.7400 | $145.10 ISK18,353 | |
| Regular dress from H&M or similar store | $23.45 CLF0.5500 | $63.97 ISK8,091 | |
| Running shoes Nike or Adidas | $47.24 CLF1.1100 | $193.43 ISK24,467 | |
| Men's business shoes (leather) | $60.37 CLF1.4200 | $248.79 ISK31,470 | |
Iquique vs. Reykjavik - Cost of clothing
Improve prices · Change currency (USD)
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 2026
Change currency:
Compare further: Iquique vs. Reykjavik
Compare countries by overall cost of living
See the cost of living in Chile vs. Iceland. This provides a comparison of the average cost of living from cities within Chile and Iceland.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more
Ask the Elsewhere Community
Join the Elsewhere community and ask a question about Reykjavik or Iquique. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.

