Cost of living in Argentina compared to Iceland
Currency:
Food | - 57% | |||
---|---|---|---|---|
Food in Argentina is 57% cheaper than in Iceland | ||||
Argentina | Iceland | Diff | ||
Basic lunchtime menu (including a drink) in the business district | ARS $3,920 (2,298 kr) | 4,287 kr | - 46% | |
Combo meal in fast food restaurant (big mac meal or similar) | ARS $2,319 (1,360 kr) | 2,748 kr | - 51% | |
500 gr (1 lb.) of boneless chicken breast | ARS $734 (430 kr) | 1,229 kr | - 65% | |
1 liter (1 qt.) of whole fat milk | ARS $290 (170 kr) | 241 kr | - 29% | |
12 eggs, large | ARS $750 (440 kr) | 815 kr | - 46% | |
1 kg (2 lb.) of tomatoes | ARS $533 (313 kr) | 653 kr | - 52% | |
500 gr (16 oz.) of local cheese | ARS $1,100 (645 kr) | 1,271 kr | - 49% | |
1 kg (2 lb.) of apples | ARS $586 (344 kr) | 429 kr | - 20% | |
1 kg (2 lb.) of potatoes | ARS $279 (163 kr) | 475 kr | - 66% | |
0.5 l (16 oz) domestic beer in the supermarket | ARS $355 (208 kr) | 662 kr | - 69% | |
1 bottle of red table wine, good quality | ARS $1,703 (998 kr) | 6,302 kr | - 84% | |
2 liters of coca-cola | ARS $547 (321 kr) | 346 kr | - 7% | |
Bread for 2 people for 1 day | ARS $205 (120 kr) | 669 kr | - 82% | |
Housing | - 78% | |||
Housing in Argentina is 78% cheaper than in Iceland | ||||
Argentina | Iceland | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ARS $139,153 (81,577 kr) | 348,121 kr | - 77% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ARS $92,204 (54,054 kr) | 277,000 kr | - 80% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ARS $14,658 (8,593 kr) | 65,177 kr | - 87% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ARS $104,179 (61,074 kr) | 214,441 kr | - 72% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ARS $65,118 (38,175 kr) | 189,329 kr | - 80% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ARS $9,263 (5,430 kr) | 42,933 kr | - 87% | |
Internet 8 mbps (1 month) | ARS $4,777 (2,801 kr) | 6,518 kr | - 57% | |
40” flat screen tv | ARS $107,360 (62,939 kr) | 165,479 kr | - 62% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ARS $55,728 (32,670 kr) | 49,096 kr | - 33% | |
Laundry detergent (3 l. ~ 100 oz.) | ARS $1,517 (889 kr) | 3,317 kr | - 73% | |
Hourly rate for cleaning help | ARS $1,068 (626 kr) | 11,734 kr | - 95% | |
Clothes | - 58% | |||
Clothes in Argentina is 58% cheaper than in Iceland | ||||
Argentina | Iceland | Diff | ||
1 pair of jeans (levis 501 or similar) | ARS $21,869 (12,821 kr) | 37,157 kr | - 65% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | ARS $12,780 (7,492 kr) | 15,761 kr | - 52% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | ARS $37,266 (21,847 kr) | 31,870 kr | - 31% | |
1 pair of men’s leather business shoes | ARS $31,171 (18,274 kr) | 67,739 kr | - 73% | |
Transportation | - 60% | |||
Transportation in Argentina is 60% cheaper than in Iceland | ||||
Argentina | Iceland | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ARS $6,920,660 (4,057,182 kr) | 5,967,620 kr | - 32% | |
1 liter (1/4 gallon) of gas | ARS $243 (142 kr) | 296 kr | - 52% | |
Monthly ticket public transport | ARS $4,106 (2,407 kr) | 11,269 kr | - 79% | |
Personal Care | - 74% | |||
Personal Care in Argentina is 74% cheaper than in Iceland | ||||
Argentina | Iceland | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ARS $1,467 (860 kr) | 713 kr | + 21% | |
1 box of antibiotics (12 doses) | ARS $2,037 (1,194 kr) | 3,600 kr | - 67% | |
Short visit to private doctor (15 minutes) | ARS $4,077 (2,390 kr) | 24,000 kr | - 90% | |
1 box of 32 tampons (tampax, ob, ...) | ARS $1,059 (621 kr) | 1,114 kr | - 44% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | ARS $698 (409 kr) | 2,112 kr | - 81% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ARS $773 (453 kr) | 851 kr | - 47% | |
4 rolls of toilet paper | ARS $596 (349 kr) | 1,255 kr | - 72% | |
Tube of toothpaste | ARS $545 (319 kr) | 653 kr | - 51% | |
Standard men's haircut in expat area of the city | ARS $2,017 (1,182 kr) | 7,548 kr | - 84% | |
Entertainment | - 56% | |||
Entertainment in Argentina is 56% cheaper than in Iceland | ||||
Argentina | Iceland | Diff | ||
Basic dinner out for two in neighborhood pub | ARS $5,589 (3,277 kr) | 9,762 kr | - 66% | |
2 tickets to the movies | ARS $2,761 (1,618 kr) | 5,350 kr | - 70% | |
2 tickets to the theater (best available seats) | ARS $10,339 (6,061 kr) | 28,094 kr | - 78% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ARS $8,673 (5,084 kr) | 21,937 kr | - 77% | |
1 cocktail drink in downtown club | ARS $1,634 (958 kr) | 3,419 kr | - 72% | |
Cappuccino in expat area of the city | ARS $1,079 (633 kr) | 989 kr | - 36% | |
1 beer in neighbourhood pub (500ml or 1pt.) | ARS $765 (449 kr) | 1,777 kr | - 75% | |
Ipad wi-fi 128gb | ARS $322,272 (188,929 kr) | 188,000 kr | + 0% | |
1 min. of prepaid mobile tariff (no discounts or plans) | ARS $74 (44 kr) | 70 kr | - 38% | |
1 month of gym membership in business district | ARS $7,219 (4,232 kr) | 13,622 kr | - 69% | |
1 package of marlboro cigarettes | ARS $661 (387 kr) | 1,792 kr | - 78% | |
TOTAL | - 65% |

These prices were last updated on June 05, 2023.
Exchange rate:
0.586
ISK
/
ARS
*
Cost of living in Argentina is 65% cheaper than in Iceland
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