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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
City
Buenos AiresBuenos Aires
ReykjavíkReykjavík

Table of contents

Grocery

EURUSDISKARS

Argentina vs. Iceland - grocery purchase prices. You would pay on average 2.42 times less for grocery shopping in Argentina than in Iceland.

Apples (1kg)

One kilogram of apples costs 2.15 EUR (2.5 USD) in Argentina and 2.76 EUR (3.2 USD) in Iceland. The price of this product is 22.1% lower in Argentina.

2.15 EUR
2.76 EUR

Banana (1kg)

1 kilogram of bananas costs 1.78 EUR (2.07 USD) in Argentina and 2.08 EUR (2.42 USD) in Iceland. The price of this product is 14.4% lower in Argentina.

1.78 EUR
2.08 EUR

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

One kilogram of beef or similar meat costs 8.11 EUR (9.42 USD) in Argentina and 35.65 EUR (41.39 USD) in Iceland. The price of this product is 77.3% lower in Argentina.

8.11 EUR
35.65 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 5.17 EUR (6 USD) in Argentina and 20.27 EUR (23.53 USD) in Iceland. The price of this product is 74.5% lower in Argentina.

5.17 EUR
20.27 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 6.93 EUR (8.05 USD) in Argentina and 20.25 EUR (23.5 USD) in Iceland. The price of this product is 65.8% lower in Argentina.

6.93 EUR
20.25 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 3.01 EUR (3.5 USD) in Argentina and 11.49 EUR (13.33 USD) in Iceland. The price of this product is 73.8% lower in Argentina.

3.01 EUR
11.49 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.89 EUR (2.19 USD) in Argentina and 3.06 EUR (3.55 USD) in Iceland. The price of this product is 38.2% lower in Argentina.

1.89 EUR
3.06 EUR

Eggs (regular) (12)

You will pay 2.86 EUR (3.32 USD) for 12 eggs in Argentina and 5.35 EUR (6.21 USD) in Iceland. The price of this product is 46.5% lower in Argentina.

2.86 EUR
5.35 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 2.69 EUR (3.12 USD) in Argentina and 2.84 EUR (3.29 USD) in Iceland. The price of this product is 5.3% lower in Argentina.

2.69 EUR
2.84 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

19.27 EUR
-

Lettuce (1 head)

One head of lettuce costs 1.63 EUR (1.89 USD) in Argentina and 2.61 EUR (3.04 USD) in Iceland. The price of this product is 37.5% lower in Argentina.

1.63 EUR
2.61 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.31 EUR (2.68 USD) in Argentina and 3.59 EUR (4.16 USD) in Iceland. The price of this product is 35.7% lower in Argentina.

2.31 EUR
3.59 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 10.7 EUR (12.42 USD) in Argentina and 15.35 EUR (17.82 USD) in Iceland. The price of this product is 30.3% lower in Argentina.

10.70 EUR
15.35 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.3 EUR (1.51 USD) in Argentina and 1.61 EUR (1.87 USD) in Iceland. The price of this product is 19.3% lower in Argentina.

1.30 EUR
1.61 EUR

Onion (1kg)

One kilogram of onions costs 1.2 EUR (1.39 USD) in Argentina and 2 EUR (2.32 USD) in Iceland. The price of this product is 40% lower in Argentina.

1.20 EUR
2.00 EUR

Oranges (1kg)

One kilogram of oranges costs 1.04 EUR (1.21 USD) in Argentina and 2.57 EUR (2.98 USD) in Iceland. The price of this product is 59.5% lower in Argentina.

1.04 EUR
2.57 EUR

Potato (1kg)

One kilogram of potatoes costs 1.23 EUR (1.43 USD) in Argentina and 3.03 EUR (3.52 USD) in Iceland. The price of this product is 59.4% lower in Argentina.

1.23 EUR
3.03 EUR

Rice (white), (1kg)

One kilogram of white rice costs 1.87 EUR (2.17 USD) in Argentina and 3.07 EUR (3.56 USD) in Iceland. The price of this product is 39.1% lower in Argentina.

1.87 EUR
3.07 EUR

Smirnoff Red Label Vodka 0.7 Litre

7.22 EUR
-

Tomato (1kg)

One kilogram of tomatoes costs 2.21 EUR (2.57 USD) in Argentina and 4.21 EUR (4.88 USD) in Iceland. The price of this product is 47.5% lower in Argentina.

2.21 EUR
4.21 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 1.27 EUR (1.47 USD) in Argentina and 1.65 EUR (1.92 USD) in Iceland. The price of this product is 23% lower in Argentina.

1.27 EUR
1.65 EUR

Restaurant

EURUSDISKARS

Argentina vs. Iceland - expenses on meals in restaurants. You would pay 2.2 times less for meals in restaurants in Argentina than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 3.45 EUR (4.01 USD) in Argentina and 5.14 EUR (5.97 USD) in Iceland. The price of this product is 32.9% lower in Argentina.

3.45 EUR
5.14 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.85 EUR (2.15 USD) in Argentina and 2.75 EUR (3.19 USD) in Iceland. The price of this product is 32.7% lower in Argentina.

1.85 EUR
2.75 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 3.06 EUR (3.55 USD) in Argentina and 10.81 EUR (12.55 USD) in Iceland. The price of this product is 71.7% lower in Argentina.

3.06 EUR
10.81 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 3.45 EUR (4 USD) in Argentina and 9.46 EUR (10.98 USD) in Iceland. The price of this product is 63.5% lower in Argentina.

3.45 EUR
9.46 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 10.34 EUR (12 USD) in Argentina and 18.92 EUR (21.96 USD) in Iceland. The price of this product is 45.3% lower in Argentina.

10.34 EUR
18.92 EUR

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

A three-course meal for two people at a mid-range restaurant costs 51.68 EUR (60 USD) in Argentina and 121.62 EUR (141.19 USD) in Iceland. The price of this product is 57.5% lower in Argentina.

51.68 EUR
121.62 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 12.92 EUR (15 USD) in Argentina and 22.63 EUR (26.28 USD) in Iceland. The price of this product is 42.9% lower in Argentina.

12.92 EUR
22.63 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 1.27 EUR (1.47 USD) in Argentina and 2.2 EUR (2.55 USD) in Iceland. The price of this product is 42.3% lower in Argentina.

1.27 EUR
2.20 EUR

Fuel

EURUSDISKARS

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 0.94 EUR (1.09 USD) in Argentina and 2.29 EUR (2.65 USD) in Iceland. The price of this product is 59% lower in Argentina.

0.94 EUR
2.29 EUR

Gasoline 1L

A liter of gasoline costs 0.9 EUR (1.05 USD) in Argentina and 2.18 EUR (2.53 USD) in Iceland. The price of this product is 58.7% lower in Argentina.

0.90 EUR
2.18 EUR

Transportation

EURUSDISKARS

Argentina vs. Iceland - costs of transportation and public communication. You would pay 6.5 times less for transportation in Argentina than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 15.51 EUR (18 USD) in Argentina and 72.97 EUR (84.71 USD) in Iceland. The price of this product is 78.7% lower in Argentina.

15.51 EUR
72.97 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 0.6 EUR (0.7 USD) in Argentina and 4.39 EUR (5.1 USD) in Iceland. The price of this product is 86.3% lower in Argentina.

0.60 EUR
4.39 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 5.81 EUR (6.75 USD) in Argentina and 72.36 EUR (84.01 USD) in Iceland. The price of this product is 92% lower in Argentina.

5.81 EUR
72.36 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 0.86 EUR (1 USD) in Argentina and 2.19 EUR (2.54 USD) in Iceland. The price of this product is 60.7% lower in Argentina.

0.86 EUR
2.19 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 1.4 EUR (1.63 USD) in Argentina and 5.34 EUR (6.2 USD) in Iceland. The price of this product is 73.8% lower in Argentina.

1.40 EUR
5.34 EUR

Sports & entertainment

EURUSDISKARS

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 7.75 EUR (9 USD) in Argentina and 14.8 EUR (17.18 USD) in Iceland. The price of this product is 47.6% lower in Argentina.

7.75 EUR
14.80 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 35.83 EUR (41.59 USD) in Argentina and 69.78 EUR (81 USD) in Iceland. The price of this product is 48.7% lower in Argentina.

35.83 EUR
69.78 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 10.46 EUR (12.14 USD) in Argentina and 38.17 EUR (44.32 USD) in Iceland. The price of this product is 72.6% lower in Argentina.

10.46 EUR
38.17 EUR

Flats for rent

EURUSDISKARS

Argentina vs. Iceland - costs of renting an apartment. You would pay about 3.21 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 566.66 EUR (657.84 USD) in Argentina and 1861 EUR (2160.77 USD) in Iceland. The price of this product is 69.6% lower in Argentina.

566.66 EUR
1 861 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 384.87 EUR (446.79 USD) in Argentina and 1706 EUR (1980.55 USD) in Iceland. The price of this product is 77.4% lower in Argentina.

384.87 EUR
1 706 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 1015 EUR (1178.33 USD) in Argentina and 2673 EUR (3102.53 USD) in Iceland. The price of this product is 62% lower in Argentina.

1 015 EUR
2 673 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 694.09 EUR (805.77 USD) in Argentina and 2306 EUR (2676.86 USD) in Iceland. The price of this product is 69.9% lower in Argentina.

694.09 EUR
2 306 EUR

Flats for sale

EURUSDISKARS

Argentina vs. Iceland - costs of purchasing an apartment. You would pay 2.98 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 2294 EUR (2663.48 USD) in Argentina and 6413 EUR (7445.03 USD) in Iceland. The price of this product is 64.2% lower in Argentina.

2 294 EUR
6 413 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 1682 EUR (1952.94 USD) in Argentina and 5423 EUR (6295.58 USD) in Iceland. The price of this product is 69% lower in Argentina.

1 682 EUR
5 423 EUR

Salary

EURUSDISKARS

Argentina vs. Iceland - average salary. The average salary in Argentina is 5.48 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 646.05 EUR (750 USD) in Argentina and 3542 EUR (4112.04 USD) in Iceland. The average salary is 81.8% lower in Argentina.

646.05 EUR
3 542 EUR

Hotels

EURUSDISKARS

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

One star

36.7 EUR
-

Two stars

54.1 EUR
148 EUR

Three stars

117 EUR
197 EUR

Four stars

195 EUR
316 EUR

Five stars

344 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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