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

Name: Iceland
Address: IS

🙂 Solo nomad: Brazil is 70.9% cheaper than Iceland without rent, and 78.6% cheaper with rent.

🙂 Family of 3: Brazil is 71% cheaper than Iceland without rent, and 75.1% cheaper with rent.

Meal at Budget Restaurant

$5.31 R$29.48

$26.87 ISK 3,353

-80.24%

Three-Course Dinner for Two, Mid-Range

$29.19 R$162

$126 ISK 15.7K

-76.87%

Fast Food Meal (McDonalds, etc)

$6.29 R$34.91

$20.34 ISK 2,538

-69.08%

Cappuccino

$1.76 R$9.79

$6.09 ISK 760

-71.10%

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

$1.08 R$6

$3.36 ISK 419

-67.86%

Water (0.33 liter bottle)

$0.72 R$4.02

$2.7 ISK 337

-73.33%

Local Beer (0.5 liter draught)

$1.84 R$10.21

$12.07 ISK 1,506

-84.76%

Imported Beer (0.33 liter bottle)

$2.73 R$15.16

$10.47 ISK 1,306

-73.93%

Milk (1 liter)

$0.96 R$5.32

$1.95 ISK 243

-50.77%

White Bread (500g)

$1.48 R$8.2

$4.07 ISK 508

-63.64%

Rice (white) (1kg)

$1.17 R$6.5

$3.48 ISK 434

-66.38%

Eggs

$2.12 R$11.79

$6.36 ISK 793

-66.67%

Local Cheese (1kg)

$8.41 R$46.69

$18.36 ISK 2,290

-54.19%

Chicken Fillets (1kg)

$3.82 R$21.18

$24.71 ISK 3,082

-84.54%

Beef Round Steak (1kg)

$7.55 R$41.89

$42.1 ISK 5,251

-82.07%

Apples (1kg)

$2.15 R$11.94

$3.18 ISK 397

-32.39%

Banana (1kg)

$1.28 R$7.09

$2.49 ISK 310

-48.59%

Oranges (1kg)

$1.13 R$6.27

$2.92 ISK 365

-61.30%

Tomato (1kg)

$1.48 R$8.22

$4.86 ISK 606

-69.55%

Potato (1kg)

$1.17 R$6.49

$3.68 ISK 460

-68.21%

Onion (1kg)

$1.1 R$6.1

$2.26 ISK 281

-51.33%

Lettuce (1 head)

$0.75 R$4.14

$3.17 ISK 396

-76.34%

Water (1.5 liter bottle)

$0.7 R$3.9

$2.2 ISK 274

-68.18%

Cigarettes 20 Pack (Marlboro, Camel)

$2.1 R$11.63

$14.05 ISK 1,753

-85.05%

Wine (Bottle)

$7.4 R$41.05

$24.13 ISK 3,010

-69.33%

Local Beer (0.5 liter bottle)

$1.18 R$6.55

$3.63 ISK 453

-67.49%

Imported Beer (0.33 liter bottle)

$2.25 R$12.48

$3.21 ISK 401

-29.91%

One-way Ticket (Public Transport)

$0.93 R$5.18

$5.24 ISK 653

-82.25%

Public Transport Monthly Pass (Regular Price)

$41.29 R$229

$84.3 ISK 10.5K

-51.03%

Taxi Start (Normal Tariff)

$1.05 R$5.83

$6.26 ISK 781

-83.23%

Taxi (Normal Tariff) (1km)

$0.83 R$4.59

$2.37 ISK 296

-64.98%

Taxi 1hour Waiting (Normal Tariff)

$7.14 R$39.63

$86.5 ISK 10.8K

-91.75%

Gasoline (1 liter)

$1.09 R$6.08

$2.46 ISK 307

-55.69%

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

$22K R$121.8K

$47.9K ISK 6M

-54.17%

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

$27.4K R$151.8K

$54K ISK 6.7M

-49.31%

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

$69.6 R$386

$90.4 ISK 11.3K

-23.04%

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

$13.69 R$76

$27.54 ISK 3,435

-50.29%

Internet (50+ Mbps, Unlimited Data)

$18.72 R$104

$85.9 ISK 10.7K

-78.19%

Gym Membership (Monthly)

$22.75 R$126

$81.8 ISK 10.2K

-72.18%

Tennis Court (1 Hour on Weekend)

$22.18 R$123

$37.74 ISK 4,708

-41.23%

Cinema Ticket

$6.15 R$34.12

$17.35 ISK 2,164

-64.55%

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

$281 R$1,562

$348 ISK 43.4K

-19.07%

International Primary School, 1 Child (Yearly)

$7,377 R$40.9K

$29.5K ISK 3.7M

-75.01%

Jeans (Levis 501 Or Similar)

$48.73 R$271

$137 ISK 17.1K

-64.40%

Summer Dress (H&M, Zara, etc)

$41.91 R$233

$64.2 ISK 8,005

-34.69%

Sport Shoes (Adidas, Nike)

$75 R$416

$171 ISK 21.4K

-56.22%

Men's Leather Business Shoes

$61.4 R$341

$254 ISK 31.6K

-75.78%

1-bedroom Apartment, City Center (Monthly)

$332 R$1,844

$2,216 ISK 276.4K

-85.00%

1-bedroom Apartment, Outside City Center (Monthly)

$229 R$1,273

$2,002 ISK 249.8K

-88.54%

3-bedroom Apartment, City Center (Monthly)

$638 R$3,540

$3,148 ISK 392.7K

-79.74%

3-bedroom Apartment, Outside City Center (Monthly)

$448 R$2,484

$2,722 ISK 339.5K

-83.56%

Buy Apartment in City Center (m2)

$1,689 R$9,376

$7,550 ISK 941.9K

-77.63%

Buy Apartment Outside City Center (m2)

$1,176 R$6,527

$6,306 ISK 786.7K

-81.35%

Average Monthly Net Salary (After Tax)

$481 R$2,672

$4,591 ISK 572.7K

-89.51%

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: October 29, 2025

Last update for Iceland: October 28, 2025

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