Cost of living in Reykjavik (Iceland) is 48% more expensive than in Montevideo (Uruguay)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,341 prices entered by 171 different people.
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Currency:
| Food | + 42% | |||
|---|---|---|---|---|
| Food in Reykjavik (Iceland) is 42% more expensive than in Montevideo (Uruguay) | ||||
| Update prices | Update prices | |||
| Reykjavik | Montevideo | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,564 kr ($U981) | $U714 | + 37% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,417 kr ($U665) | $U429 | + 55% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,093 kr ($U301) | $U208 | + 44% | |
| 1 liter (1 qt.) of whole fat milk | 221 kr ($U61) | $U42 | + 46% | |
| 12 eggs, large | 791 kr ($U218) | $U170 | + 28% | |
| 1 kg (2 lb.) of tomatoes | 625 kr ($U172) | $U111 | + 54% | |
| 500 gr (16 oz.) of local cheese | 1,068 kr ($U294) | $U296 | - 1% | |
| 1 kg (2 lb.) of apples | 389 kr ($U107) | $U78 | + 37% | |
| 1 kg (2 lb.) of potatoes | 341 kr ($U94) | $U58 | + 62% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 466 kr ($U128) | $U93 | + 38% | |
| 1 bottle of red table wine, good quality | 3,475 kr ($U956) | $U358 | + 167% | |
| 2 liters of coca-cola | 312 kr ($U86) | $U128 | - 33% | |
| Bread for 2 people for 1 day | 404 kr ($U111) | $U79 | + 42% | |
| Housing | + 111% | |||
| Housing in Reykjavik (Iceland) is 111% more expensive than in Montevideo (Uruguay) | ||||
| Update prices | Update prices | |||
| Reykjavik | Montevideo | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 338,792 kr ($U93,208) | $U43,165 | + 116% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 273,393 kr ($U75,216) | $U26,535 | + 183% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 19,861 kr ($U5,464) | $U3,705 | + 47% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 212,459 kr ($U58,452) | $U26,657 | + 119% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 163,338 kr ($U44,937) | $U18,481 | + 143% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 20,214 kr ($U5,561) | $U2,438 | + 128% | |
| Internet 8 mbps (1 month) | 7,060 kr ($U1,942) | $U1,504 | + 29% | |
| 40” flat screen tv | 103,341 kr ($U28,431) | $U18,647 | + 52% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 30,228 kr ($U8,316) | $U6,597 | + 26% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,012 kr ($U554) | $U256 | + 116% | |
| Hourly rate for cleaning help | 4,514 kr ($U1,242) | $U316 | + 294% | |
| Clothes | + 51% | |||
| Clothes in Reykjavik (Iceland) is 51% more expensive than in Montevideo (Uruguay) | ||||
| Update prices | Update prices | |||
| Reykjavik | Montevideo | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 18,750 kr ($U5,158) | $U3,458 | + 49% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 9,202 kr ($U2,532) | $U1,774 | + 43% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 23,830 kr ($U6,556) | $U4,623 | + 42% | |
| 1 pair of men’s leather business shoes | 32,282 kr ($U8,881) | $U4,183 | + 112% | |
| Transportation | + 26% | |||
| Transportation in Reykjavik (Iceland) is 26% more expensive than in Montevideo (Uruguay) | ||||
| Update prices | Update prices | |||
| Reykjavik | Montevideo | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,305,600 kr ($U1,459,675) | $U1,245,270 | + 17% | |
| 1 liter (1/4 gallon) of gas | 289 kr ($U80) | $U74 | + 7% | |
| Monthly ticket public transport | 10,225 kr ($U2,813) | $U2,363 | + 19% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 5,384 kr ($U1,481) | $U471 | + 214% | |
| Personal Care | + 24% | |||
| Personal Care in Reykjavik (Iceland) is 24% more expensive than in Montevideo (Uruguay) | ||||
| Update prices | Update prices | |||
| Reykjavik | Montevideo | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,482 kr ($U408) | $U310 | + 32% | |
| 1 box of antibiotics (12 doses) | 2,067 kr ($U569) | $U554 | + 3% | |
| Short visit to private doctor (15 minutes) | 10,369 kr ($U2,853) | $U1,644 | + 73% | |
| 1 box of 32 tampons (tampax, ob, ...) | 687 kr ($U189) | $U369 | - 49% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 679 kr ($U187) | $U156 | + 19% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 762 kr ($U210) | $U330 | - 36% | |
| 4 rolls of toilet paper | 503 kr ($U138) | $U107 | + 29% | |
| Tube of toothpaste | 424 kr ($U117) | $U130 | - 10% | |
| Standard men's haircut in expat area of the city | 6,437 kr ($U1,771) | $U552 | + 221% | |
| Entertainment | + 34% | |||
| Entertainment in Reykjavik (Iceland) is 34% more expensive than in Montevideo (Uruguay) | ||||
| Update prices | Update prices | |||
| Reykjavik | Montevideo | Diff | ||
| Basic dinner out for two in neighborhood pub | 7,791 kr ($U2,144) | $U1,497 | + 43% | |
| 2 tickets to the movies | 3,314 kr ($U912) | $U660 | + 38% | |
| 2 tickets to the theater (best available seats) | 13,356 kr ($U3,674) | $U1,262 | + 191% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 10,879 kr ($U2,993) | $U2,340 | + 28% | |
| 1 cocktail drink in downtown club | 2,619 kr ($U720) | $U425 | + 69% | |
| Cappuccino in expat area of the city | 713 kr ($U196) | $U196 | - 0% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,342 kr ($U369) | $U188 | + 96% | |
| Ipad wi-fi 128gb | 106,076 kr ($U29,184) | $U53,672 | - 46% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 57 kr ($U16) | $U4.92 | + 218% | |
| 1 month of gym membership in business district | 9,931 kr ($U2,732) | $U2,666 | + 2% | |
| 1 package of marlboro cigarettes | 1,651 kr ($U454) | $U201 | + 127% | |
 |
TOTAL | + 48% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,341 prices entered by 171 different people.
These prices were last updated on June 07, 2023.
Exchange rate:
0.27512
UYU
/
ISK
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For example, you would need at least $U193,707 (704,082 kr) in Reykjavik to maintain the same standard of living that you can have with $U131,000 in Montevideo.
Do you live in Montevideo? We need your help!
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