IcelandIceland

Chile

Compared with Iceland, using real observed prices.

Baseline: IcelandIceland = 1×

ChileChile vs IcelandIceland
Overall verdict

ChileChile is about 1.01× IcelandIceland.

Average across 2 categories, 7 items with data

The shape of prices (vs IcelandIceland = 1×)

How to read this

The centre line is Iceland. A bar running right means Chile is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than IcelandIceland Iceland = 1× ChileChile is pricier →
  • Utilities 1 item
    ×1.27
  • Transport 2 items
    ×0.81

Thin bar shows the range (cheapest to priciest item in the category)

In Chile, Electricity 1kWh (household) costs 1.3× what it does in Iceland — but Diesel 1L costs only 0.7×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

  • Electricity 1kWh (household) 1 kWh ×1.27
    ChileChile ISK 28 USD 0.228
    IcelandIceland ISK 22 USD 0.179
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×0.91
    ChileChile ISK 199 USD 1.574
    IcelandIceland ISK 218 USD 1.727
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Diesel 1L 1 L ×0.71
    ChileChile ISK 169 USD 1.339
    IcelandIceland ISK 237 USD 1.878
    Observed 2026-07-20 · GlobalPetrolPrices.com

See what really changed Chile

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
+60%
in CLP
2990 → 4790
vs
At today's rateUsing today's exchange rate
+42%
in ISK

It rose 60% in local currency, but 42% in yours. Most of what you feel is the exchange rate, not Chile's inflation.