Reykjavik vs Santiago - Cost of Living Comparison

Updated:

Livingcost

Reykjavik Santiago
🚶 Cost of living one person
$3268
$1108
👨‍👩‍👧‍👦 Cost of living Family
$6787
$2721
🏠 One person rent
$2025
$495
🏘️ Family rent
$3029
$858
🍽️ Food expenses
$894
$360
🚐 Transport expenses
$101
$154
💳 Monthly salary after tax
$4361
$844
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
4 km
13 km
🎓 Higher education
52
91
😀 Quality of life
91
81
🏙️ Population
140K
6.26M

The cost of living in Reykjavik is 195% more expensive than in Santiago. Cities ranked 88th and 4939th ($3268 vs $1108) 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 0.8 months in Santiago. Reykjavik ranked 1st best city to live in Iceland vs Santiago ranked 1st in Chile, while ranked 191st and 672nd 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
$27.9
$10.7
🥂 Dinner in a Restaurant, for 2
$79.5
$47.7
🥪 Fast food meal, equiv. McDonald's
$20.5
$7.74
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$13
$3.49
☕ Cappuccino
$6.12
$3.52
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.33
$1.55
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$2075
$509
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1851
$369
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3279
$896
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2774
$675
🔌 Utility Bill one person, electricity, heating, water, etc.
$45.2
$77.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$70.4
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$84
$20.2
🏦 Mortgage Interest Rate for 20 Years
9.56%
5.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8015
$2583
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6578
$3493
Transportation
🚌 Local transport ticket
$5.36
$0.85
🎟️ Monthly ticket local transport
$88.4
$41.4
🚕 Taxi Ride, 8 km or 5 mi
$28.3
$10.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.55
$1.37
Groceries
🥛 Milk, 1 L or 1 qt
$2.04
$1.19
🍞 Bread, 0.5 kg or 1.1 lb
$4.43
$1.26
🍚 Rice, 1 kg or 2.2 lb
$3.55
$1.66
🥚 Eggs, x12
$6.58
$4.02
🧀 Cheese, 1 kg or 2.2 lb
$19.1
$10.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$25
$6.5
🥩 Round Steak, 1 kg or 2.2 lb
$41.5
$10.8
🍏 Apples, 1 kg or 2.2 lb
$3.59
$1.96
🍌 Banana, 1 kg or 2.2 lb
$2.58
$1.52
🍊 Oranges, 1 kg or 2.2 lb
$3.35
$2.03
🍅 Tomato, 1 kg or 2.2 lb
$5.57
$1.77
🥔 Potato, 1 kg or 2.2 lb
$3.7
$1.62
🧅 Onion, 1 kg or 2.2 lb
$2.56
$1.63
🌊 Water, 1 L or 1 qt
$1.27
$0.78
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.04
$2.12
🍾 Wine (mid-priced), 750 mL bottle
$25.5
$6.13
🍺 Beer, 0.5 L or 16 fl oz
$3.79
$1.53
🚬 Cigarette pack
$13.6
$5.55
💊 Cold medicince, 1 week
$12.9
$4.06
🧴 Hair Shampoo
$5.86
$4.03
🧻 Toilet paper, 4 rolls
$5.2
$2.36
👄 Toothpaste, 1 tube
$3.63
$2.71
Other
🏋️ Gym Membership, 1 month
$88.2
$43.1
🎫 Cinema Ticket, 1 person
$18
$6.31
👩‍⚕️ Doctor's visit
$92.8
$40.7
💇 Haircut, simple
$46
$16.8
👖 Brand Jeans
$144
$56
👟 Brand Sneakers
$194
$79.2
👶 Daycare or Preschool, 1 month
$352
$425
🏫 International Primary School, 1 year
$30378
$9190

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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
$3175
9.8 km or 6.1 mi Hafnarfjorur
$3148
38 km or 24 mi Keflavik
$2596
247 km or 153 mi Akureyri
$2990
795 km or 494 mi Torshavn
$2077
1204 km or 748 mi Inverness
$2021
1230 km or 764 mi Elgin
$1507
1300 km or 808 mi Derry
$1551
1309 km or 813 mi Greenock
$1575
1321 km or 821 mi Aberdeen
$1769
1325 km or 823 mi Perth
$1641
1328 km or 825 mi Stirling
$1711
1331 km or 827 mi Paisley
$1837
1333 km or 828 mi Alloa
$1762
1337 km or 831 mi Glasgow
$2058
1339 km or 832 mi Dundee
$1480
1340 km or 833 mi Omagh
$1703
1341 km or 833 mi Cumbernauld
$1619
1342 km or 834 mi Irvine
$1630
1348 km or 838 mi East Kilbride
$1840
1349 km or 838 mi Kilmarnock
$1527
1351 km or 839 mi Dunfermline
$1728
1353 km or 841 mi Hamilton
$1797
1357 km or 843 mi Ayr
$1522
1360 km or 845 mi Kirkcaldy
$1768
1365 km or 848 mi Livingston
$1775
1372 km or 852 mi Edinburgh
$2310
1382 km or 859 mi Newtownabbey
$1808
1387 km or 862 mi Belfast
$1884
1390 km or 864 mi Bangor
$1484
1391 km or 864 mi Lisburn
$1879
1401 km or 871 mi Alesund
$1797
1413 km or 878 mi Galway
$2768
1425 km or 886 mi Dundalk
$1955
1431 km or 889 mi Dumfries
$1485
1433 km or 891 mi Nuuk
$2217
1441 km or 895 mi Molde
$1986
1454 km or 903 mi Kristiansund
$1887
1455 km or 904 mi Drogheda
$2902
1455 km or 904 mi Bergen
$2242

Cities near Santiago

Distance City Cost of living
17 km or 11 mi San Bernardo
$768
20 km or 12 mi Puente Alto
$874
69 km or 43 mi Los Andes
$760
78 km or 48 mi San Felipe
$714
80 km or 50 mi Rancagua
$780
80 km or 50 mi Villa Alemana
$839
83 km or 52 mi Quillota
$849
85 km or 53 mi Quilpue
$845
89 km or 55 mi San Antonio
$1065
95 km or 59 mi Vina del Mar
$885
99 km or 62 mi Valparaiso
$908
130 km or 80 mi San Fernando
$911
179 km or 111 mi Curico
$752
181 km or 112 mi Godoy Cruz
$877
182 km or 113 mi Mendoza
$897
185 km or 115 mi Las Heras
$877
208 km or 129 mi San Martin
$838
238 km or 148 mi Talca
$821
251 km or 156 mi San Rafael
$639
264 km or 164 mi Constitucion
$806
280 km or 174 mi Linares
$848
292 km or 181 mi San Juan
$578
321 km or 199 mi Ovalle
$724
375 km or 233 mi Chillan
$666
394 km or 245 mi Coquimbo
$829
398 km or 247 mi La Serena
$833
401 km or 249 mi San Luis
$756
409 km or 254 mi Tome
$746
426 km or 265 mi Talcahuano
$657
434 km or 269 mi Concepcion
$874
455 km or 283 mi Coronel
$801
456 km or 284 mi Lujan
$750
464 km or 288 mi Lota
$800
472 km or 294 mi Los Angeles
$840
482 km or 300 mi Villa Mercedes
$752
508 km or 316 mi Curanilahue
$800
518 km or 322 mi Angol
$819
542 km or 337 mi Vallenar
$798
576 km or 358 mi La Rioja
$571
588 km or 366 mi Rio Cuarto
$827