Published: Monday, 21th October 2024
The cost of living in Uruguay is 7.27 times less expensive as compared to Iceland.
On this page, you will find side-by-side cost comparison between Uruguay and Iceland. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Uruguay and Iceland.
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Indicators | Uruguay | Iceland |
---|---|---|
1 BHK Apartment in City Center | 1,000 UYU (25 USD) | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center | 1,500 UYU (37.50 USD) | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center | 2,000 UYU (50 USD) | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center | 700 UYU (17.50 USD) | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center | 1,000 UYU (25 USD) | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center | 1,300 UYU (32.50 USD) | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month | 5 % | 4 % |
Realtor Commission | 2 % | 2 % |
Property Taxes | 0.15 to 0.5 % | 0.2 to 1.65 % |
The average housing cost in Uruguay is 57.54 times less expensive than Iceland.
Indicators | Uruguay | Iceland |
---|---|---|
Basic Home Furnishing | 1,500 UYU (37.50 USD) | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month | 80 UYU (2 USD) | 20,000 ISK (142 USD) |
Heating Cost Per Month | 70 UYU (1.75 USD) | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month | 50 UYU (1.25 USD) | 10,000 ISK (71 USD) |
Water Supply Cost Per Month | 30 UYU (0.75 USD) | 5,000 ISK (35.50 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 98.31% less for Utilities.
The basic home furnishing in Uruguay costs 56.80 times less compared to Iceland.
Indicators | Uruguay | Iceland |
---|---|---|
Standard Wifi Cost Per Month | 40 UYU (1 USD) | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month | 30 UYU (0.75 USD) | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month | 20 UYU (0.50 USD) | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month | 60 UYU (1.50 USD) | 8,000 ISK (56.80 USD) |
The internet and communication costs 97.97% less in Uruguay compared to Iceland.
Indicators | Uruguay | Iceland |
---|---|---|
Long Grain Rice (1 KG) | 3 UYU (0.08 USD) | 500 ISK (3.55 USD) |
Milk (1 Liter) | 1 UYU (0.03 USD) | 250 ISK (1.78 USD) |
Water (1 Liter) | 1 UYU (0.03 USD) | 50 ISK (0.36 USD) |
Bread (500 gm) | 1.50 UYU (0.04 USD) | 150 ISK (1.07 USD) |
Eggs (1 Dozen) | 2.50 UYU (0.06 USD) | 500 ISK (3.55 USD) |
Cheese (1 KG) | 5 UYU (0.13 USD) | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG) | 8 UYU (0.20 USD) | 1,000 ISK (7.10 USD) |
In Uruguay, the cost of 1 Liter Water and 1 Liter Milk is 42.60 times less expensive than the cost in Iceland.
If you lived in Uruguay, instead of Iceland, you would have to pay 97.88% less for Groceries.
Indicators | Uruguay | Iceland |
---|---|---|
Apples (1 KG) | 2 UYU (0.05 USD) | 800 ISK (5.68 USD) |
Bananas (1 KG) | 1 UYU (0.03 USD) | 600 ISK (4.26 USD) |
Oranges (1 KG) | 1.50 UYU (0.04 USD) | 700 ISK (4.97 USD) |
Tomatoes (1 KG) | 1.80 UYU (0.05 USD) | 500 ISK (3.55 USD) |
Potatoes (1 KG) | 1 UYU (0.03 USD) | 400 ISK (2.84 USD) |
Lemons (1 KG) | 1.50 UYU (0.04 USD) | 700 ISK (4.97 USD) |
Onions (1 KG) | 1.20 UYU (0.03 USD) | 600 ISK (4.26 USD) |
Lentils (1 KG) | 3 UYU (0.08 USD) | 600 ISK (4.26 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 107.05 times less for Fruits and Vegetables.
Indicators | Uruguay | Iceland |
---|---|---|
Meal at a Resonable Restaurant | 12 UYU (0.30 USD) | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two | 40 UYU (1 USD) | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal | 6 UYU (0.15 USD) | 1,500 ISK (10.65 USD) |
Normal Coffee | 3 UYU (0.08 USD) | 500 ISK (3.55 USD) |
Soft Drink | 1.50 UYU (0.04 USD) | 300 ISK (2.13 USD) |
Pizza for One | 10 UYU (0.25 USD) | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal | 12 UYU (0.30 USD) | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20 | 8 UYU (0.20 USD) | 1,500 ISK (10.65 USD) |
Dining-Out costs 98.43% less in Uruguay compared to Iceland.
Indicators | Uruguay | Iceland |
---|---|---|
Wine Mid-Range Bottle | 12 UYU (0.30 USD) | 2,000 ISK (14.20 USD) |
Glass of Wine | 6 UYU (0.15 USD) | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter | 2.50 UYU (0.06 USD) | 600 ISK (4.26 USD) |
Imported Beer Half Liter | 3 UYU (0.08 USD) | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter | 15 UYU (0.38 USD) | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter | 20 UYU (0.50 USD) | 4,000 ISK (28.40 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 56.31 times less for usual hard drinks.
Indicators | Uruguay | Iceland |
---|---|---|
Monthly Public Transportation Pass | 80 UYU (2 USD) | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket | 1.50 UYU (0.04 USD) | 400 ISK (2.84 USD) |
Single Train Ticket | 60 UYU (1.50 USD) | Yet to Update () |
Domestic Airplane Ticket | 10,000 UYU (250 USD) | 30,000 ISK (213 USD) |
Taxi Start Fare | 50 UYU (1.25 USD) | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer | 40 UYU (1 USD) | 200 ISK (1.42 USD) |
Car Rental Per Day | 1,500 UYU (37.50 USD) | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour | 40 UYU (1 USD) | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour | 20 UYU (0.50 USD) | 300 ISK (2.13 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 1.38 times less for transportation.
Indicators | Uruguay | Iceland |
---|---|---|
Reasonable Vehicle Purchase Cost | 20,000 UYU (500 USD) | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost | 1,000 UYU (25 USD) | 15,000 ISK (106.50 USD) |
Driving License Fees | 200 UYU (5 USD) | 5,000 ISK (35.50 USD) |
Car Insurance Cost | 1,200 UYU (30 USD) | 40,000 ISK (284 USD) |
Car Maintenance Cost | 100 UYU (2.50 USD) | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates | 7 % | 5 % |
Fuel Per Liter | 60 UYU (1.50 USD) | 250 ISK (1.78 USD) |
Fuel Per Gallon | 228 UYU (5.70 USD) | 1,200 ISK (8.52 USD) |
Average Toll Fees | 50 UYU 1.25 USD | 1,000 ISK 7.10 USD |
You would have to pay 50.70 times less for Vehicle purchase, daily operation and maintenance in Uruguay compared to that of Iceland.
Indicators | Uruguay | Iceland |
---|---|---|
Doctor Visit | 1,000 UYU (25 USD) | 5,000 ISK (35.50 USD) |
Specialist Visit | 1,500 UYU (37.50 USD) | 10,000 ISK (71 USD) |
Dentist Visit | 800 UYU (20 USD) | 8,000 ISK (56.80 USD) |
Eye Exam | 600 UYU (15 USD) | 3,000 ISK (21.30 USD) |
Mental Health Counseling | 800 UYU (20 USD) | 8,000 ISK (56.80 USD) |
Preventive Health Screening | 400 UYU (10 USD) | 4,000 ISK (28.40 USD) |
Physical Therapy | 700 UYU (17.50 USD) | 6,000 ISK (42.60 USD) |
Emergency Room Visit | 2,000 UYU (50 USD) | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night | 3,000 UYU (75 USD) | 25,000 ISK (177.50 USD) |
Vaccinations | 200 UYU (5 USD) | 2,500 ISK (17.75 USD) |
Prescription Medication | 300 UYU (7.50 USD) | 1,500 ISK (10.65 USD) |
Over the Counter Medication | 150 UYU (3.75 USD) | 800 ISK (5.68 USD) |
Health Insurance Premiums | 1,500 UYU (37.50 USD) | 20,000 ISK (142 USD) |
Health Insurance Deductibles | 1,000 UYU (25 USD) | 5,000 ISK (35.50 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 2.32 times less for Health and Medical Treatment.
Indicators | Uruguay | Iceland |
---|---|---|
Cosmetic Procedures | 2,000 UYU (50 USD) | 30,000 ISK (213 USD) |
Spa Treatment | 1,000 UYU (25 USD) | 10,000 ISK (71 USD) |
Manicure Pedicure Cost | 300 UYU (7.50 USD) | 3,000 ISK (21.30 USD) |
Optical Glasses Cost | 500 UYU (12.50 USD) | 10,000 ISK (71 USD) |
Contact Lenses Cost | 800 UYU (20 USD) | 5,000 ISK (35.50 USD) |
Haircuts | 300 UYU (7.50 USD) | 2,000 ISK (14.20 USD) |
Hair Coloring | 500 UYU (12.50 USD) | 6,000 ISK (42.60 USD) |
Shampoo Price | 100 UYU (2.50 USD) | 500 ISK (3.55 USD) |
Toothpaste Price | 50 UYU (1.25 USD) | 200 ISK (1.42 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 3.41 times less for Personal Care Items and Treatment.
Indicators | Uruguay | Iceland |
---|---|---|
Pair of Nike Running Shoes | 6,000 UYU (150 USD) | 15,000 ISK (106.50 USD) |
Men's Shirt | 1,500 UYU (37.50 USD) | 5,000 ISK (35.50 USD) |
Women's Dress | 3,500 UYU (87.50 USD) | 10,000 ISK (71 USD) |
Summer Dress | 1,800 UYU (45 USD) | 5,000 ISK (35.50 USD) |
Men's Suit | 10,000 UYU (250 USD) | 40,000 ISK (284 USD) |
Men's Jeans | 2,500 UYU (62.50 USD) | 7,000 ISK (49.70 USD) |
Women's Jeans | 2,000 UYU (50 USD) | 6,000 ISK (42.60 USD) |
Men's Formal Shoes | 3,000 UYU (75 USD) | 7,000 ISK (49.70 USD) |
Women's Formal Shoes | 2,500 UYU (62.50 USD) | 7,000 ISK (49.70 USD) |
Men's Casual Shoes | 2,000 UYU (50 USD) | 5,000 ISK (35.50 USD) |
Women's Casual Shoes | 1,800 UYU (45 USD) | 4,000 ISK (28.40 USD) |
Underwear For Men | 600 UYU (15 USD) | 1,000 ISK (7.10 USD) |
Underwear For Women | 600 UYU (15 USD) | 1,200 ISK (8.52 USD) |
Socks For Men | 400 UYU (10 USD) | 300 ISK (2.13 USD) |
Socks For Women | 400 UYU (10 USD) | 400 ISK (2.84 USD) |
Wintercoat for Adults | 3,500 UYU (87.50 USD) | 8,000 ISK (56.80 USD) |
Sportswear | 2,000 UYU (50 USD) | 6,000 ISK (42.60 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 1.21 times more for Clothing and Footwear for Adults.
Indicators | Uruguay | Iceland |
---|---|---|
Children's Jeans | 1,500 UYU (37.50 USD) | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers | 1,200 UYU (30 USD) | 4,000 ISK (28.40 USD) |
Children's Winter Coat | 2,500 UYU (62.50 USD) | 6,000 ISK (42.60 USD) |
Daycare for Infant | 1,200 UYU (30 USD) | 25,000 ISK (177.50 USD) |
Daycare for Toddler | 1,000 UYU (25 USD) | 20,000 ISK (142 USD) |
Childcare for Sick Days | 300 UYU (7.50 USD) | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs | 1,200 UYU (30 USD) | 6,000 ISK (42.60 USD) |
Extra Curricular Activities | 400 UYU (10 USD) | 3,000 ISK (21.30 USD) |
Summer Camp for Kids | 1,000 UYU (25 USD) | 8,000 ISK (56.80 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 2.12 times less for Childcare and kids clothing.
Indicators | Uruguay | Iceland |
---|---|---|
PreSchool Fees | 1,500 UYU (37.50 USD) | 30,000 ISK (213 USD) |
Primary School Fees | 2,000 UYU (50 USD) | 40,000 ISK (284 USD) |
Secondary School Fees | 3,000 UYU (75 USD) | 60,000 ISK (426 USD) |
Private School Fees | 5,000 UYU (125 USD) | 80,000 ISK (568 USD) |
University Tuition Fees | 10,000 UYU (250 USD) | 150,000 ISK (1,065 USD) |
University Private Tuition Fees | 20,000 UYU (500 USD) | 200,000 ISK (1,420 USD) |
After School Activities | 300 UYU (7.50 USD) | 5,000 ISK (35.50 USD) |
Special Education Services | 1,000 UYU (25 USD) | 7,000 ISK (49.70 USD) |
Tutoring | 500 UYU (12.50 USD) | 5,000 ISK (35.50 USD) |
Textbooks Cost | 500 UYU (12.50 USD) | 4,000 ISK (28.40 USD) |
School Supplies | 200 UYU (5 USD) | 2,000 ISK (14.20 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 3.76 times less for school and education.
Indicators | Uruguay | Iceland |
---|---|---|
Movie Ticket (Single) | 200 UYU (5 USD) | 1,000 ISK (7.10 USD) |
Theater Ticket (Single) | 500 UYU (12.50 USD) | 2,000 ISK (14.20 USD) |
Concert Ticket (Single) | 600 UYU (15 USD) | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single) | 500 UYU (12.50 USD) | 1,500 ISK (10.65 USD) |
Gym Membership | 800 UYU (20 USD) | 6,000 ISK (42.60 USD) |
Swimming Pool Access | 500 UYU (12.50 USD) | 5,000 ISK (35.50 USD) |
Museum Entry Ticket | 200 UYU (5 USD) | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket | 300 UYU (7.50 USD) | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket | 500 UYU (12.50 USD) | 2,000 ISK (14.20 USD) |
Bowling | 200 UYU (5 USD) | 1,000 ISK (7.10 USD) |
Mini Golf | 150 UYU (3.75 USD) | 1,500 ISK (10.65 USD) |
Video Games | 1,000 UYU (25 USD) | 5,000 ISK (35.50 USD) |
Streaming Services | 300 UYU (7.50 USD) | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental | 500 UYU (12.50 USD) | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass | 1,500 UYU (37.50 USD) | 50,000 ISK (355 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 3.00 times less for entertainment, recreation and fun activities.
Indicators | Uruguay | Iceland |
---|---|---|
Language Classes | 800 UYU (20 USD) | 5,000 ISK (35.50 USD) |
Parenting Classes | 500 UYU (12.50 USD) | 5,000 ISK (35.50 USD) |
Art Classes | 500 UYU (12.50 USD) | 3,000 ISK (21.30 USD) |
Fitness Classes | 400 UYU (10 USD) | 6,000 ISK (42.60 USD) |
Music Lessons | 800 UYU (20 USD) | 4,000 ISK (28.40 USD) |
Dance Lessons | 600 UYU (15 USD) | 4,000 ISK (28.40 USD) |
Reading Materials for Classes | 100 UYU (2.50 USD) | 1,000 ISK (7.10 USD) |
Educational Software | 300 UYU (7.50 USD) | 3,000 ISK (21.30 USD) |
If you lived in Uruguay, instead of Iceland, you would have to pay 2.20 times less for Private Classes.
Indicators | Uruguay | Iceland |
---|---|---|
Average Gross Monthly Salary | 50,000 UYU (1,250 USD) | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary | 40,000 UYU (1,000 USD) | 350,000 ISK (2,485 USD) |
Minimum Wages | 666.67 UYU per hour (16.67 USD) | 6,666.67 ISK per hour (47.33 USD) |
Average Bonus | 5,000 UYU (125 USD) | 40,000 ISK (284 USD) |
Income Tax Rate | 0 to 22 % | 0 to 24 % |
Social Security Contributions | 15 % | 7 % |
Pension Contributions | 10 % | 8 % |
Cost of Living Index | 70 | 12 |
Median Household Income | 45,000 UYU (1,125 USD) | 400,000 ISK (2,840 USD) |
If you lived in Uruguay, you would earn 2.52 times less salary as compared to Iceland.
Indicators | Uruguay | Iceland |
---|---|---|
Legal Consultation Per Hour Rate | 1,000 UYU (25 USD) | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate | 800 UYU (20 USD) | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate | 900 UYU (22.50 USD) | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate | 700 UYU (17.50 USD) | 4,000 ISK (28.40 USD) |
Professional Services cost 2.17 times less in Uruguay, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Uruguay and Iceland.
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