Iceland
Compared with Argentina, using real observed prices.
Baseline: 
Argentina = 1×
Iceland
vs
Argentina
Overall verdict
Iceland is about 1.57× Argentina.
Average across 2 categories, 3 items with data
The shape of prices (vs Argentina = 1×)
How to read this
The centre line is Argentina. A bar running right means Iceland 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 Argentina
Argentina = 1×
Iceland is pricier →
Argentina
Argentina = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Electricity 1kWh (household) costs 2.1× what it does in Argentina — but Gasoline 1L costs only 1.2×. 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 ×2.06Iceland
ARS 258.79
USD 0.179Argentina
ARS 125.78
USD 0.087
-
Diesel 1L 1 L ×1.20Iceland
ARS 2,715
USD 1.878Argentina
ARS 2,258
USD 1.562
-
Gasoline 1L 1 L ×1.20Iceland
ARS 2,497
USD 1.727Argentina
ARS 2,079
USD 1.438
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