Iceland vs Uruguay - Cost of Living Comparison

Updated:

Livingcost

Iceland Uruguay
🚶 Cost of living one person
$2685
$1188
👨‍👩‍👧‍👦 Cost of living Family
$5605
$2894
🏠 One person rent
$1593
$501
🏘️ Family rent
$2495
$831
🍽️ Food expenses
$794
$438
🚐 Transport expenses
$85.7
$126
💳 Monthly salary after tax
$3865
$987
💸 GDP per capita
$78811
$22565
😃 Human freedom index
8.73
7.96
❤️ Life expectancy
82.2
78
👮 Corruption perceptions index
72
73
🌐 English speaking %
98%
24%
🎓 Higher education
81
64
😀 Quality of life
92
65
🏙️ Population
364K
3.44M

The average cost of living in Iceland ($2685) is 126% more expensive than in Uruguay ($1188). Iceland ranked 5th vs 56th for Uruguay in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.4 months in Iceland compared to 0.8 months in Uruguay. Ranked 11th and 50th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Iceland vs Uruguay infographic

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Prices in Iceland vs Uruguay

We calculate prices for Iceland and Uruguay as a population-weighted mean of 5 and 15 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Iceland Uruguay
Eating Out
🍱 Lunch Menu
$22.1
$13.1
🥂 Dinner in a Restaurant, for 2
$115
$40.8
🥪 Fast food meal, equiv. McDonald's
$18.3
$10.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$10.4
$3.29
 Cappuccino
$5.1
$4
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.95
$1.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1639
$494
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1432
$349
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2535
$917
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2304
$599
🔌 Utility Bill one person, electricity, heating, water, etc.
$46.2
$83.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$71.2
$129
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$73.9
$39.9
🏦 Mortgage Interest Rate for 20 Years
7.22%
5.46%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5677
$2701
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4632
$2413
Transportation
🚌 Local transport ticket
$4.47
$1.2
🎟️ Monthly ticket local transport
$74.2
$48.9
🚕 Taxi Ride, 8 km or 5 mi
$24.9
$21.1
 Gas / Petrol, 1 L or 0.26 gal
$2.28
$1.76
Groceries
🥛 Milk, 1 L or 1 qt
$1.67
$1.09
🍞 Bread, 0.5 kg or 1.1 lb
$3.6
$2.25
🍚 Rice, 1 kg or 2.2 lb
$3.11
$1.57
🥚 Eggs, x12
$5.77
$4.17
🧀 Cheese, 1 kg or 2.2 lb
$15.4
$13.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$19.7
$9.09
🥩 Round Steak, 1 kg or 2.2 lb
$33.9
$9.59
🍏 Apples, 1 kg or 2.2 lb
$2.88
$2.37
🍌 Banana, 1 kg or 2.2 lb
$2.31
$2.26
🍊 Oranges, 1 kg or 2.2 lb
$2.69
$1.39
🍅 Tomato, 1 kg or 2.2 lb
$4.65
$3.31
🥔 Potato, 1 kg or 2.2 lb
$2.99
$1.69
🧅 Onion, 1 kg or 2.2 lb
$1.84
$1.79
🌊 Water, 1 L or 1 qt
$1.28
$1.06
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.74
$3.26
🍾 Wine (mid-priced), 750 mL bottle
$21.3
$8.11
🍺 Beer, 0.5 L or 16 fl oz
$3.27
$2.06
🚬 Cigarette pack
$12
$4.84
💊 Cold medicince, 1 week
$11.6
$8.11
🧴 Hair Shampoo
$5.35
$6.49
🧻 Toilet paper, 4 rolls
$4.7
$2.64
👄 Toothpaste, 1 tube
$3.32
$2.94
Other
🏋️ Gym Membership, 1 month
$67.9
$46.9
🎫 Cinema Ticket, 1 person
$14.9
$8.82
👩‍⚕️ Doctor's visit
$84.3
$58.1
💇 Haircut, simple
$47.3
$9.98
👖 Brand Jeans
$113
$83.5
👟 Brand Sneakers
$152
$104
👶 Daycare or Preschool, 1 month
$257
$354
🏫 International Primary School, 1 year
$6163
$7715

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Iceland

City Cost of living Population
Reykjavik
$2915
140K
Kopavogur
$2371
39.8K
Hafnarfjorur
$2602
30.6K
Akureyri
$2300
19.9K
Keflavik
$2091
15.9K

In Uruguay

City Cost of living Population
Montevideo
$1331
1.32M
Ciudad de la Costa
$1171
112K
Salto
$987
125K
Rivera
$758
103K
Maldonado
$968
86.8K
Paysandu
$770
76.4K
Melo
$728
51.8K
Tacuarembo
$831
54.8K
Barros Blancos
$1169
31.7K
Mercedes
$1025
42K
Minas
$1188
38.4K
Durazno
$1080
34.4K
Artigas
$881
40.7K
Florida
$1096
33.6K
Punta del Este
$1505
9.28K