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  3. Cost of Living & Prices: Argentina vs. Iceland

Cost of Living & Prices:
Argentina vs. Iceland

Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.

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Country #2
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Buenos AiresBuenos Aires
ReykjavíkReykjavík

Table of contents

Grocery

EURARSUSDISK

Argentina vs. Iceland - grocery purchase prices. You would pay on average 2.52 times less for grocery shopping in Argentina than in Iceland.

Apples (1kg)

One kilogram of apples costs 2.14 EUR (2.5 USD) in Argentina and 2.85 EUR (3.34 USD) in Iceland. The price of this product is 24.9% lower in Argentina.

2.14 EUR
2.85 EUR

Banana (1kg)

1 kilogram of bananas costs 1.77 EUR (2.07 USD) in Argentina and 2.15 EUR (2.52 USD) in Iceland. The price of this product is 17.7% lower in Argentina.

1.77 EUR
2.15 EUR

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 8.05 EUR (9.42 USD) in Argentina and 36.84 EUR (43.12 USD) in Iceland. The price of this product is 78.1% lower in Argentina.

8.05 EUR
36.84 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 5.13 EUR (6 USD) in Argentina and 20.94 EUR (24.51 USD) in Iceland. The price of this product is 75.5% lower in Argentina.

5.13 EUR
20.94 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 6.88 EUR (8.05 USD) in Argentina and 20.92 EUR (24.48 USD) in Iceland. The price of this product is 67.1% lower in Argentina.

6.88 EUR
20.92 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 2.99 EUR (3.5 USD) in Argentina and 11.87 EUR (13.89 USD) in Iceland. The price of this product is 74.8% lower in Argentina.

2.99 EUR
11.87 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.87 EUR (2.19 USD) in Argentina and 3.16 EUR (3.7 USD) in Iceland. The price of this product is 40.8% lower in Argentina.

1.87 EUR
3.16 EUR

Eggs (regular) (12)

You will pay 2.84 EUR (3.32 USD) for 12 eggs in Argentina and 5.53 EUR (6.47 USD) in Iceland. The price of this product is 48.6% lower in Argentina.

2.84 EUR
5.53 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 2.67 EUR (3.12 USD) in Argentina and 2.93 EUR (3.43 USD) in Iceland. The price of this product is 8.9% lower in Argentina.

2.67 EUR
2.93 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

19.11 EUR
-

Lettuce (1 head)

One head of lettuce costs 1.61 EUR (1.89 USD) in Argentina and 2.7 EUR (3.16 USD) in Iceland. The price of this product is 40.4% lower in Argentina.

1.61 EUR
2.70 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.29 EUR (2.68 USD) in Argentina and 3.71 EUR (4.34 USD) in Iceland. The price of this product is 38.3% lower in Argentina.

2.29 EUR
3.71 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 10.61 EUR (12.42 USD) in Argentina and 15.86 EUR (18.57 USD) in Iceland. The price of this product is 33.1% lower in Argentina.

10.61 EUR
15.86 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.29 EUR (1.51 USD) in Argentina and 1.67 EUR (1.95 USD) in Iceland. The price of this product is 22.8% lower in Argentina.

1.29 EUR
1.67 EUR

Onion (1kg)

One kilogram of onions costs 1.19 EUR (1.39 USD) in Argentina and 2.07 EUR (2.42 USD) in Iceland. The price of this product is 42.5% lower in Argentina.

1.19 EUR
2.07 EUR

Oranges (1kg)

One kilogram of oranges costs 1.03 EUR (1.21 USD) in Argentina and 2.65 EUR (3.11 USD) in Iceland. The price of this product is 61.1% lower in Argentina.

1.03 EUR
2.65 EUR

Potato (1kg)

One kilogram of potatoes costs 1.22 EUR (1.43 USD) in Argentina and 3.13 EUR (3.67 USD) in Iceland. The price of this product is 61% lower in Argentina.

1.22 EUR
3.13 EUR

Rice (white), (1kg)

One kilogram of white rice costs 1.85 EUR (2.17 USD) in Argentina and 3.17 EUR (3.71 USD) in Iceland. The price of this product is 41.6% lower in Argentina.

1.85 EUR
3.17 EUR

Smirnoff Red Label Vodka 0.7 Litre

7.16 EUR
-

Tomato (1kg)

One kilogram of tomatoes costs 2.2 EUR (2.57 USD) in Argentina and 4.35 EUR (5.09 USD) in Iceland. The price of this product is 49.4% lower in Argentina.

2.20 EUR
4.35 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 1.26 EUR (1.47 USD) in Argentina and 1.71 EUR (2 USD) in Iceland. The price of this product is 26.3% lower in Argentina.

1.26 EUR
1.71 EUR

Restaurant

EURARSUSDISK

Argentina vs. Iceland - expenses on meals in restaurants. You would pay 2.29 times less for meals in restaurants in Argentina than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 3.43 EUR (4.01 USD) in Argentina and 5.31 EUR (6.22 USD) in Iceland. The price of this product is 35.4% lower in Argentina.

3.43 EUR
5.31 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.84 EUR (2.15 USD) in Argentina and 2.84 EUR (3.33 USD) in Iceland. The price of this product is 35.2% lower in Argentina.

1.84 EUR
2.84 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 3.03 EUR (3.55 USD) in Argentina and 11.17 EUR (13.07 USD) in Iceland. The price of this product is 72.9% lower in Argentina.

3.03 EUR
11.17 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 3.42 EUR (4 USD) in Argentina and 9.77 EUR (11.44 USD) in Iceland. The price of this product is 65% lower in Argentina.

3.42 EUR
9.77 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 10.25 EUR (12 USD) in Argentina and 19.55 EUR (22.88 USD) in Iceland. The price of this product is 47.6% lower in Argentina.

10.25 EUR
19.55 EUR

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 51.26 EUR (60 USD) in Argentina and 125.66 EUR (147.08 USD) in Iceland. The price of this product is 59.2% lower in Argentina.

51.26 EUR
125.66 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 12.82 EUR (15 USD) in Argentina and 23.39 EUR (27.37 USD) in Iceland. The price of this product is 45.2% lower in Argentina.

12.82 EUR
23.39 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 1.26 EUR (1.47 USD) in Argentina and 2.27 EUR (2.66 USD) in Iceland. The price of this product is 44.5% lower in Argentina.

1.26 EUR
2.27 EUR

Fuel

EURARSUSDISK

Argentina vs. Iceland - expenses related to fuel. You would pay 2.43 times less for fuel in Argentina than in Iceland.

Diesel 1L

A liter of diesel costs 0.93 EUR (1.09 USD) in Argentina and 2.27 EUR (2.65 USD) in Iceland. The price of this product is 59% lower in Argentina.

0.93 EUR
2.27 EUR

Gasoline 1L

A liter of gasoline costs 0.89 EUR (1.05 USD) in Argentina and 2.16 EUR (2.53 USD) in Iceland. The price of this product is 58.8% lower in Argentina.

0.89 EUR
2.16 EUR

Transportation

EURARSUSDISK

Argentina vs. Iceland - costs of transportation and public communication. You would pay 6.77 times less for transportation in Argentina than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 15.38 EUR (18 USD) in Argentina and 75.4 EUR (88.25 USD) in Iceland. The price of this product is 79.6% lower in Argentina.

15.38 EUR
75.40 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 0.6 EUR (0.7 USD) in Argentina and 4.54 EUR (5.31 USD) in Iceland. The price of this product is 86.8% lower in Argentina.

0.60 EUR
4.54 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 5.77 EUR (6.75 USD) in Argentina and 74.77 EUR (87.51 USD) in Iceland. The price of this product is 92.3% lower in Argentina.

5.77 EUR
74.77 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 0.85 EUR (1 USD) in Argentina and 2.26 EUR (2.65 USD) in Iceland. The price of this product is 62.4% lower in Argentina.

0.85 EUR
2.26 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 1.39 EUR (1.63 USD) in Argentina and 5.52 EUR (6.46 USD) in Iceland. The price of this product is 74.8% lower in Argentina.

1.39 EUR
5.52 EUR

Sports & entertainment

EURARSUSDISK

Argentina vs. Iceland - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 7.69 EUR (9 USD) in Argentina and 15.29 EUR (17.9 USD) in Iceland. The price of this product is 49.7% lower in Argentina.

7.69 EUR
15.29 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 35.53 EUR (41.59 USD) in Argentina and 72.1 EUR (84.39 USD) in Iceland. The price of this product is 50.7% lower in Argentina.

35.53 EUR
72.10 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 10.37 EUR (12.14 USD) in Argentina and 39.44 EUR (46.17 USD) in Iceland. The price of this product is 73.7% lower in Argentina.

10.37 EUR
39.44 EUR

Flats for rent

EURARSUSDISK

Argentina vs. Iceland - costs of renting an apartment. You would pay about 3.35 times less for renting an apartment in Argentina than in Iceland.

Apartment (1 bedroom) in City Centre

For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 562.02 EUR (657.84 USD) in Argentina and 1923 EUR (2250.99 USD) in Iceland. The price of this product is 70.8% lower in Argentina.

562.02 EUR
1 923 EUR

Apartment (1 bedroom) Outside of Centre

For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 381.71 EUR (446.79 USD) in Argentina and 1763 EUR (2063.25 USD) in Iceland. The price of this product is 78.3% lower in Argentina.

381.71 EUR
1 763 EUR

Apartment (3 bedrooms) in City Centre

For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 1007 EUR (1178.33 USD) in Argentina and 2761 EUR (3232.08 USD) in Iceland. The price of this product is 63.5% lower in Argentina.

1 007 EUR
2 761 EUR

Apartment (3 bedrooms) Outside of Centre

For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 688.41 EUR (805.77 USD) in Argentina and 2382 EUR (2788.63 USD) in Iceland. The price of this product is 71.1% lower in Argentina.

688.41 EUR
2 382 EUR

Flats for sale

EURARSUSDISK

Argentina vs. Iceland - costs of purchasing an apartment. You would pay 3.1 times less for buying an apartment in Argentina than in Iceland.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 2276 EUR (2663.48 USD) in Argentina and 6626 EUR (7755.9 USD) in Iceland. The price of this product is 65.7% lower in Argentina.

2 276 EUR
6 626 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 1668 EUR (1952.94 USD) in Argentina and 5603 EUR (6558.46 USD) in Iceland. The price of this product is 70.2% lower in Argentina.

1 668 EUR
5 603 EUR

Salary

EURARSUSDISK

Argentina vs. Iceland - average salary. The average salary in Argentina is 5.71 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 640.76 EUR (750 USD) in Argentina and 3660 EUR (4283.74 USD) in Iceland. The average salary is 82.5% lower in Argentina.

640.76 EUR
3 660 EUR

Hotels

EURARSUSDISK

Argentina vs. Iceland - prices of accommodation in hostels, guesthouses, and hotels.

One star

36.4 EUR
-

Two stars

53.7 EUR
147 EUR

Three stars

116 EUR
196 EUR

Four stars

193 EUR
313 EUR

Five stars

341 EUR
-

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Argentina: 20 cities, 528 hotels • Iceland: 11 cities, 117 hotels

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