Cost of living comparison
Buenos Aires is 52.5% cheaper than Reykjavik.
If you lived in Buenos Aires instead of Reykjavik, you would:
pay 61.3% less for restaurants
Reykjavik
|
Buenos Aires
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,587
|
$7.00
$6,119.30
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,196
|
$5.00
$4,370.93
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr356
|
$1.03
$899.30
|
|
Bottle of water (11 fl. oz) |
$2.03
kr285
|
$0.90
$784.37
|
|
pay 61.8% less for groceries
Reykjavik
|
Buenos Aires
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr479
|
$1.34
$1,172.99
|
|
Local cheese (8 oz) |
$7.20
kr1,011
|
$3.51
$3,071.77
|
|
Milk (1 gallon) |
$5.90
kr829
|
$3.15
$2,757.18
|
|
Eggs
1 dozen
|
$5.64
kr793
|
$1.46
$1,274.82
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,136
|
$1.76
$1,541.89
|
|
Apples (1 lb) |
$1.57
kr220
|
$0.66
$576.85
|
|
Bananas (1 lb) |
$0.93
kr131
|
$0.57
$495.37
|
|
Oranges (1 lb) |
$1.23
kr173
|
$0.31
$270.96
|
|
Tomatoes (1 lb) |
$2.22
kr311
|
$0.67
$587.81
|
|
Potatoes (1 lb) |
$1.24
kr175
|
$0.30
$260.60
|
|
Onions (1 lb) |
$0.69
kr97
|
$0.33
$292.32
|
|
pay 66.5% less for transportation
Reykjavik
|
Buenos Aires
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,250
|
$3.52
$3,074.21
|
|
Monthly public transit pass |
$65.56
kr9,215
|
$6.80
$5,944.46
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,221,853
|
$25,000.00
$21,854,637.27
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,139
|
$5.00
$4,370.93
|
|
pay 68.5% less for housing
Reykjavik
|
Buenos Aires
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr9,002
|
$23.47
$20,519.23
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr226,746
|
$313.32
$273,900.20
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr193,931
|
$225.62
$197,229.70
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,743
|
$36.96
$32,308.85
|
|
pay 20.2% less for childcare
Reykjavik
|
Buenos Aires
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr39,699
|
$187.40
$163,822.36
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr851,537
|
$5,653.81
$4,942,477.36
|
|
pay 70.9% less for entertainment and sports
Reykjavik
|
Buenos Aires
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,331
|
$2.00
$1,748.37
|
|
Cappuccino in mid-range area |
$4.53
kr636
|
$1.72
$1,501.24
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,638
|
$2.00
$1,748.37
|
|
Monthly membership at local gym |
$67.30
kr9,460
|
$22.07
$19,293.96
|
|
Movie ticket to theater/cinema |
$13.66
kr1,920
|
$5.00
$4,370.93
|
|
pay 18.4% less for clothing
Reykjavik
|
Buenos Aires
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr15,204
|
$67.11
$58,663.01
|
|
Regular dress
from H&M or similar store
|
$43.41
kr6,102
|
$57.53
$50,294.98
|
|
Running shoes
Nike or Adidas
|
$137.74
kr19,361
|
$107.00
$93,540.76
|
|
Men's business shoes (leather) |
$182.49
kr25,651
|
$98.70
$86,283.63
|
|
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