Last update: Oct 2026

Cost of Living Comparison Between Araras and Reykjavik

For one person, living is cheaper in Araras: $857 a month against $4,002 in Reykjavik, rent and utilities included – about $37,700 less a year. Rent and utilities account for most of the difference.

42

Cost of Living Index in Araras
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Araras Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

Jump to prices

Araras

🇧🇷 Brazil

$857

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

How much you'll spend in Araras and in Reykjavik

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Araras and in Reykjavik actually costs, broken down by who's living it.

A single person spends $857 per month in Araras vs $4,002 in Reykjavik, rent included.

Araras $857
Reykjavik $4,002

A couple spends around $1,387 per month in Araras vs $5,705 in Reykjavik, rent included.

Araras $1,387
Reykjavik $5,705

A family of three spends $1,916 per month in Araras vs $7,407 in Reykjavik, rent included.

Araras $1,916
Reykjavik $7,407

Araras is about 79% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Araras sits 37% below the global median, while Reykjavik is 196% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$5.40 R$27.36

$31.56 ISK 3,828

-82.89%

Three-Course Dinner for Two, Mid-Range

$31.60 R$160

$122 ISK 14.8K

-74.17%

Fast Food Meal (McDonalds, etc)

$7.13 R$36.15

$26.86 ISK 3,258

-73.45%

Cappuccino

$2.46 R$12.47

$6.81 ISK 827

-63.88%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.37 R$6.95

$3.39 ISK 411

-59.59%

Water (0.33 liter bottle)

$0.93 R$4.73

$3.20 ISK 388

-70.94%

Local Beer (0.5 liter draught)

$2.43 R$12.34

$14.14 ISK 1,715

-82.81%

Imported Beer (0.33 liter bottle)

$3.04 R$15.41

$12.31 ISK 1,493

-75.30%

Milk (1 liter)

$1.02 R$5.16

$2.10 ISK 255

-51.43%

White Bread (500g)

$1.57 R$7.94

$4.19 ISK 508

-62.53%

Rice (white) (1kg)

$0.79 R$3.99

$3.72 ISK 451

-78.76%

Eggs

$2.02 R$10.25

$7.05 ISK 856

-71.35%

Local Cheese (1kg)

$12.27 R$62.2

$21.56 ISK 2,615

-43.09%

Chicken Fillets (1kg)

$4.80 R$24.32

$24.68 ISK 2,993

-80.55%

Beef Round Steak (1kg)

$9.72 R$49.28

$42.19 ISK 5,117

-76.96%

Apples (1kg)

$2.14 R$10.84

$3.23 ISK 392

-33.75%

Banana (1kg)

$1.23 R$6.23

$2.73 ISK 331

-54.95%

Oranges (1kg)

$0.70 R$3.54

$3.17 ISK 384

-77.92%

Tomato (1kg)

$1.80 R$9.11

$6.61 ISK 802

-72.77%

Potato (1kg)

$0.84 R$4.25

$3.85 ISK 467

-78.18%

Onion (1kg)

$0.68 R$3.46

$1.66 ISK 201

-59.04%

Lettuce (1 head)

$1.01 R$5.13

$3.80 ISK 461

-73.42%

Water (1.5 liter bottle)

$0.52 R$2.63

$1.75 ISK 212

-70.29%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 R$11.89

$13.71 ISK 1,662

-82.86%

Wine (Bottle)

$8.11 R$41.09

$24.21 ISK 2,937

-66.50%

Local Beer (0.5 liter bottle)

$0.72 R$3.65

$3.53 ISK 428

-79.60%

Imported Beer (0.33 liter bottle)

$1.89 R$9.60

$3.32 ISK 402

-43.07%

One-way Ticket (Public Transport)

$1.04 R$5.26

$5.75 ISK 697

-81.91%

Public Transport Monthly Pass (Regular Price)

$45.56 R$231

$93.8 ISK 11.4K

-51.43%

Taxi Start (Normal Tariff)

$1.52 R$7.68

$6.61 ISK 802

-77.00%

Taxi (Normal Tariff) (1km)

$1.64 R$8.29

$2.90 ISK 352

-43.45%

Taxi 1hour Waiting (Normal Tariff)

$7.94 R$40.28

$79.2 ISK 9,602

-89.97%

Gasoline (1 liter)

$1.06 R$5.35

$2.09 ISK 253

-49.28%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$24.1K R$122.3K

$51.0K ISK 6.2M

-52.71%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$32.4K R$164.4K

$53.3K ISK 6.5M

-39.14%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$40.62 R$206

$95.3 ISK 11.6K

-57.36%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$12.04 R$61.0

$32.35 ISK 3,923

-62.78%

Internet (50+ Mbps, Unlimited Data)

$19.12 R$96.9

$87.5 ISK 10.6K

-78.16%

Gym Membership (Monthly)

$45.80 R$232

$102 ISK 12.4K

-55.04%

Tennis Court (1 Hour on Weekend)

$27.51 R$139

$50.1 ISK 6,074

-45.07%

Cinema Ticket

$5.94 R$30.09

$19.88 ISK 2,412

-70.12%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$286 R$1,448

$1,194 ISK 144.8K

-76.07%

International Primary School, 1 Child (Yearly)

$10.4K R$52.5K

$25.4K ISK 3.1M

-59.25%

Jeans (Levis 501 Or Similar)

$54.7 R$277

$149 ISK 18.1K

-63.32%

Summer Dress (H&M, Zara, etc)

$37.80 R$192

$66.6 ISK 8,080

-43.26%

Sport Shoes (Adidas, Nike)

$96.5 R$489

$180 ISK 21.8K

-46.37%

Men's Leather Business Shoes

$59.9 R$304

$253 ISK 30.7K

-76.33%

1-bedroom Apartment, City Center (Monthly)

$234 R$1,188

$2,549 ISK 309.2K

-90.80%

1-bedroom Apartment, Outside City Center (Monthly)

$240 R$1,217

$2,056 ISK 249.4K

-88.33%

3-bedroom Apartment, City Center (Monthly)

$679 R$3,444

$3,498 ISK 424.2K

-80.57%

3-bedroom Apartment, Outside City Center (Monthly)

$472 R$2,393

$2,764 ISK 335.2K

-82.92%

Buy Apartment in City Center (m2)

$1,743 R$8,834

$8,120 ISK 984.9K

-78.54%

Buy Apartment Outside City Center (m2)

$1,197 R$6,070

$6,254 ISK 758.5K

-80.85%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

12.79

8.81

45.18%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Araras: October 13, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Araras

$240 28%

Reykjavik

$2.1K 51.4% 757% $1.8K

Groceries & Markets

Araras

$195 22.7%

Reykjavik

$623 15.6% 220% $428

Eating Out

Araras

$122 14.2%

Reykjavik

$536 13.4% 341% $415

Clothing & Footwear

Araras

$112 13.1%

Reykjavik

$292 7.3% 161% $180

Monthly Utilities & Internet

Araras

$72 8.4%

Reykjavik

$215 5.4% 200% $143

Getting Around

Araras

$59 6.9%

Reykjavik

$138 3.5% 132% $79

Sport & Entertainment

Araras

$58 6.7%

Reykjavik

$142 3.5% 146% $84

Cost Breakdown

A central one-bedroom costs $234 in Araras versus $2,549 in Reykjavik. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $32.00 in Araras versus $122 in Reykjavik. Monthly groceries follow the same trend: $195 vs $623 – making Araras the more affordable choice for daily food spending.

Good to know

🇧🇷 Araras

🇮🇸 Reykjavik

🕒 Local time

03:45 3:45 AM

06:45 6:45 AM

3 h ahead of Araras

🌤 Weather

👥 Population

130,866

136,894 Capital

💱 Currency

Brazilian Real BRL R$

Icelandic Króna ISK kr

📈 Exchange rate

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

Exchange rates and currency converter

ISK, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

Brazilian Real exchange rates as of October 18, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

Icelandic Króna exchange rates as of October 18, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

USD to BRL in detail →

On the map

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Highest

Between locations

Araras Reykjavik 9,870 km ≈ 13 h nonstop flight

From you

Araras
Reykjavik

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Araras vs Reykjavik: Cost of Living - Frequently Asked Questions

Reykjavik costs about 367% more than Araras, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,286 per month in Araras and $6,003 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Araras, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 106% less in Araras. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $286 per month in Araras and $1,194 in Reykjavik. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Araras, where all-in costs run around $857, than in Reykjavik at $4,002. In Araras it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Araras costs $857 versus $4,002 in Reykjavik. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Araras. If higher salaries, better infrastructure, or specific career opportunities are the priority, Reykjavik makes more sense. Both are solid long-term options with distinct trade-offs.