Cost of Living Comparison Between Brazil and Iceland Cost of Living Comparison Between Brazil and Iceland

Name: Iceland
Address: IS

🙂 Solo nomad: Brazil is 69.4% cheaper than Iceland without rent, and 79.4% cheaper with rent.

🙂 Family of 3: Brazil is 70.9% cheaper than Iceland without rent, and 75.9% cheaper with rent.

Meal at Budget Restaurant

$5.32 R$28.56

$26.42 ISK 3,327

-79.86%

Three-Course Dinner for Two, Mid-Range

$28.38 R$152

$128 ISK 16.1K

-77.78%

Fast Food Meal (McDonalds, etc)

$6.41 R$34.41

$19.96 ISK 2,514

-67.89%

Cappuccino

$1.71 R$9.20

$5.99 ISK 755

-71.45%

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

$1.12 R$6.02

$3.32 ISK 418

-66.27%

Water (0.33 liter bottle)

$0.67 R$3.61

$2.62 ISK 330

-74.43%

Local Beer (0.5 liter draught)

$1.77 R$9.49

$12.09 ISK 1,523

-85.36%

Imported Beer (0.33 liter bottle)

$2.63 R$14.14

$10.65 ISK 1,341

-75.31%

Milk (1 liter)

$1.03 R$5.51

$1.95 ISK 246

-47.18%

White Bread (500g)

$1.53 R$8.24

$4.21 ISK 531

-63.66%

Rice (white) (1kg)

$1.18 R$6.35

$3.59 ISK 452

-67.13%

Eggs

$2.02 R$10.84

$6.41 ISK 808

-68.49%

Local Cheese (1kg)

$8.60 R$46.16

$18.74 ISK 2,360

-54.11%

Chicken Fillets (1kg)

$3.83 R$20.56

$23.89 ISK 3,010

-83.97%

Beef Round Steak (1kg)

$7.40 R$39.73

$42.05 ISK 5,297

-82.40%

Apples (1kg)

$2.14 R$11.51

$3.07 ISK 387

-30.29%

Banana (1kg)

$1.32 R$7.07

$2.50 ISK 314

-47.20%

Oranges (1kg)

$1.19 R$6.39

$2.89 ISK 364

-58.82%

Tomato (1kg)

$1.44 R$7.72

$4.96 ISK 625

-70.97%

Potato (1kg)

$1.17 R$6.29

$3.51 ISK 442

-66.67%

Onion (1kg)

$1.05 R$5.63

$2.28 ISK 287

-53.95%

Lettuce (1 head)

$0.75 R$4.04

$3.09 ISK 390

-75.73%

Water (1.5 liter bottle)

$0.69 R$3.71

$2.17 ISK 274

-68.20%

Cigarettes 20 Pack (Marlboro, Camel)

$2.14 R$11.47

$14.28 ISK 1,799

-85.01%

Wine (Bottle)

$7.31 R$39.24

$23.25 ISK 2,928

-68.56%

Local Beer (0.5 liter bottle)

$1.23 R$6.61

$3.72 ISK 468

-66.94%

Imported Beer (0.33 liter bottle)

$2.24 R$12.00

$3.20 ISK 404

-30.00%

One-way Ticket (Public Transport)

$0.92 R$4.92

$5.29 ISK 666

-82.61%

Public Transport Monthly Pass (Regular Price)

$41.49 R$223

$84.2 ISK 10.6K

-50.70%

Taxi Start (Normal Tariff)

$1.07 R$5.74

$6.39 ISK 805

-83.26%

Taxi (Normal Tariff) (1km)

$0.90 R$4.81

$2.38 ISK 300

-62.18%

Taxi 1hour Waiting (Normal Tariff)

$7.30 R$39.18

$84.9 ISK 10.7K

-91.40%

Gasoline (1 liter)

$1.10 R$5.90

$2.54 ISK 320

-56.69%

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

$21.7K R$116.3K

$47.1K ISK 5.9M

-53.99%

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

$27.5K R$147.9K

$54.5K ISK 6.9M

-49.44%

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

$68.4 R$367

$90.6 ISK 11.4K

-24.49%

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

$13.72 R$73.7

$27.40 ISK 3,451

-49.93%

Internet (50+ Mbps, Unlimited Data)

$19.15 R$103

$88.2 ISK 11.1K

-78.29%

Gym Membership (Monthly)

$22.72 R$122

$82.6 ISK 10.4K

-72.49%

Tennis Court (1 Hour on Weekend)

$22.74 R$122

$37.13 ISK 4,676

-38.76%

Cinema Ticket

$6.15 R$33.03

$17.81 ISK 2,244

-65.47%

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

$286 R$1,537

$347 ISK 43.7K

-17.58%

International Primary School, 1 Child (Yearly)

$7,507 R$40.3K

$29.7K ISK 3.7M

-74.73%

Jeans (Levis 501 Or Similar)

$49.12 R$264

$138 ISK 17.4K

-64.37%

Summer Dress (H&M, Zara, etc)

$42.97 R$231

$62.7 ISK 7,898

-31.47%

Sport Shoes (Adidas, Nike)

$77.8 R$418

$175 ISK 22.0K

-55.48%

Men's Leather Business Shoes

$63.2 R$339

$253 ISK 31.9K

-75.04%

1-bedroom Apartment, City Center (Monthly)

$328 R$1,759

$2,235 ISK 281.6K

-85.34%

1-bedroom Apartment, Outside City Center (Monthly)

$230 R$1,235

$1,977 ISK 249.1K

-88.37%

3-bedroom Apartment, City Center (Monthly)

$654 R$3,514

$3,150 ISK 396.7K

-79.22%

3-bedroom Apartment, Outside City Center (Monthly)

$456 R$2,449

$2,737 ISK 344.7K

-83.34%

Buy Apartment in City Center (m2)

$1,769 R$9,497

$7,399 ISK 931.9K

-76.10%

Buy Apartment Outside City Center (m2)

$1,209 R$6,494

$6,095 ISK 767.7K

-80.16%

Average Monthly Net Salary (After Tax)

$490 R$2,630

$4,487 ISK 565.2K

-89.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.16

9.88

12.96%

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

Last update for Brazil: January 12, 2026

Last update for Iceland: January 13, 2026

Digital Nomad Cost of Living Index

Cost of Living Comparison Between Brazil and Iceland Cost of Living Comparison Between Brazil and Iceland

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