Reykjavik vs Santiago - Cost of Living Comparison

Updated:

Livingcost

Reykjavik Santiago
🚶 Cost of living one person
$2915
$1200
👨‍👩‍👧‍👦 Cost of living Family
$5968
$2937
🏠 One person rent
$1781
$540
🏘️ Family rent
$2749
$964
🍽️ Food expenses
$832
$388
🚐 Transport expenses
$88.7
$169
💳 Monthly salary after tax
$3918
$801
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
4 km
13 km
🎓 Higher education
53
91
😀 Quality of life
89
78
🏙️ Population
140K
6.26M

The cost of living in Reykjavik is 143% more expensive than in Santiago. Cities ranked 204th and 4604th ($2915 vs $1200) in the list of the most expensive cities in the world and ranked 1st and 1st in Iceland and Chile, respectively. Check Iceland vs Chile comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 0.7 months in Santiago. Reykjavik ranked 1st best city to live in Iceland vs Santiago ranked 1st in Chile, while ranked 189th and 705th among best cities to live in the world.

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Cost of living in Reykjavik vs Santiago infographic

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Prices in Reykjavik vs Santiago

Prices for goods and services in Reykjavik and Santiago are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Reykjavik Santiago
Eating Out
🍱 Lunch Menu
$22
$12.2
🥂 Dinner in a Restaurant, for 2
$125
$51.5
🥪 Fast food meal, equiv. McDonald's
$18.5
$8.67
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$11.1
$3.52
 Cappuccino
$5.35
$3.58
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$1.72
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1809
$515
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1626
$419
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2822
$989
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2552
$774
🔌 Utility Bill one person, electricity, heating, water, etc.
$44.2
$81.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$68.4
$126
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$74.1
$20.8
🏦 Mortgage Interest Rate for 20 Years
8.55%
5.25%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6498
$2689
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5311
$2861
Transportation
🚌 Local transport ticket
$4.63
$0.91
🎟️ Monthly ticket local transport
$77.2
$45.3
🚕 Taxi Ride, 8 km or 5 mi
$24.8
$11.6
 Gas / Petrol, 1 L or 0.26 gal
$2.29
$1.46
Groceries
🥛 Milk, 1 L or 1 qt
$1.72
$1.29
🍞 Bread, 0.5 kg or 1.1 lb
$3.66
$1.38
🍚 Rice, 1 kg or 2.2 lb
$3.25
$1.54
🥚 Eggs, x12
$5.9
$4.19
🧀 Cheese, 1 kg or 2.2 lb
$16
$12.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$21.4
$6.53
🥩 Round Steak, 1 kg or 2.2 lb
$37.6
$13.2
🍏 Apples, 1 kg or 2.2 lb
$3.07
$2.05
🍌 Banana, 1 kg or 2.2 lb
$2.29
$1.68
🍊 Oranges, 1 kg or 2.2 lb
$2.72
$2.13
🍅 Tomato, 1 kg or 2.2 lb
$4.99
$1.94
🥔 Potato, 1 kg or 2.2 lb
$3.21
$1.88
🧅 Onion, 1 kg or 2.2 lb
$2.16
$1.54
🌊 Water, 1 L or 1 qt
$1.37
$0.88
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.74
$2.34
🍾 Wine (mid-priced), 750 mL bottle
$22
$6.06
🍺 Beer, 0.5 L or 16 fl oz
$3.27
$1.5
🚬 Cigarette pack
$12.2
$5.39
💊 Cold medicince, 1 week
$11.6
$4.41
🧴 Hair Shampoo
$5.36
$4.77
🧻 Toilet paper, 4 rolls
$4.68
$2.6
👄 Toothpaste, 1 tube
$3.32
$2.99
Other
🏋️ Gym Membership, 1 month
$71.8
$41.7
🎫 Cinema Ticket, 1 person
$15.1
$6.02
👩‍⚕️ Doctor's visit
$84.7
$50.8
💇 Haircut, simple
$47.4
$17.6
👖 Brand Jeans
$112
$54.6
👟 Brand Sneakers
$155
$74.2
👶 Daycare or Preschool, 1 month
$254
$417
🏫 International Primary School, 1 year
$6167
$7298

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Cost of Living in the nearest cities

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161

Cities near Santiago

Distance City Cost of living
17 km or 11 mi San Bernardo
$854
20 km or 12 mi Puente Alto
$957
69 km or 43 mi Los Andes
$800
78 km or 48 mi San Felipe
$752
80 km or 50 mi Rancagua
$844
80 km or 50 mi Villa Alemana
$922
83 km or 52 mi Quillota
$905
85 km or 53 mi Quilpue
$908
89 km or 55 mi San Antonio
$1135
95 km or 59 mi Vina del Mar
$932
99 km or 62 mi Valparaiso
$959
130 km or 80 mi San Fernando
$903
179 km or 111 mi Curico
$788
181 km or 112 mi Godoy Cruz
$608
182 km or 113 mi Mendoza
$599
185 km or 115 mi Las Heras
$609
208 km or 129 mi San Martin
$602
238 km or 148 mi Talca
$849
251 km or 156 mi San Rafael
$441
264 km or 164 mi Constitucion
$881
280 km or 174 mi Linares
$894
292 km or 181 mi San Juan
$658
321 km or 199 mi Ovalle
$819
375 km or 233 mi Chillan
$649
394 km or 245 mi Coquimbo
$852
398 km or 247 mi La Serena
$853
401 km or 249 mi San Luis
$729
409 km or 254 mi Tome
$798
426 km or 265 mi Talcahuano
$734
434 km or 269 mi Concepcion
$922
455 km or 283 mi Coronel
$852
456 km or 284 mi Lujan
$650
464 km or 288 mi Lota
$842
472 km or 294 mi Los Angeles
$743
482 km or 300 mi Villa Mercedes
$630
508 km or 316 mi Curanilahue
$836
518 km or 322 mi Angol
$823
542 km or 337 mi Vallenar
$824
576 km or 358 mi La Rioja
$613
588 km or 366 mi Rio Cuarto
$534