Last update: Oct 2026

Cost of Living Comparison Between Brazil and Reykjavik

For one person, living is cheaper in Brazil: $932 a month against $4,037 in Reykjavik, rent and utilities included – about $37,300 less a year. Rent and utilities account for most of the difference.

44

Cost of Living Index in Brazil
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Brazil Living Index
193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index

Jump to prices

🇧🇷 Brazil

$932

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

🙂 Solo nomad: Brazil is 68.5% cheaper than Reykjavik without rent, and 76.9% cheaper with rent.

🙂 Family of 3: Brazil is 69.6% cheaper than Reykjavik without rent, and 72.5% cheaper with rent.

Meal at Budget Restaurant

$6.96 R$34.92

$30.59 ISK 3,727

-77.25%

Three-Course Dinner for Two, Mid-Range

$33.46 R$168

$136 ISK 16.5K

-75.31%

Fast Food Meal (McDonalds, etc)

$8.00 R$40.13

$27.08 ISK 3,300

-70.46%

Cappuccino

$2.08 R$10.46

$6.72 ISK 818

-69.05%

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

$1.29 R$6.47

$3.27 ISK 399

-60.55%

Water (0.33 liter bottle)

$0.74 R$3.73

$3.16 ISK 386

-76.58%

Local Beer (0.5 liter draught)

$2.02 R$10.14

$13.91 ISK 1,695

-85.48%

Imported Beer (0.33 liter bottle)

$3.07 R$15.43

$12.06 ISK 1,469

-74.54%

Milk (1 liter)

$1.09 R$5.49

$2.04 ISK 248

-46.57%

White Bread (500g)

$1.75 R$8.76

$4.32 ISK 526

-59.49%

Rice (white) (1kg)

$1.33 R$6.67

$3.67 ISK 447

-63.76%

Eggs

$2.24 R$11.23

$7.02 ISK 855

-68.09%

Local Cheese (1kg)

$9.56 R$47.95

$22.01 ISK 2,682

-56.57%

Chicken Fillets (1kg)

$4.32 R$21.67

$24.70 ISK 3,009

-82.51%

Beef Round Steak (1kg)

$8.54 R$42.83

$42.66 ISK 5,198

-79.98%

Apples (1kg)

$2.32 R$11.62

$3.37 ISK 411

-31.16%

Banana (1kg)

$1.44 R$7.23

$2.85 ISK 347

-49.47%

Oranges (1kg)

$1.24 R$6.21

$3.17 ISK 387

-60.88%

Tomato (1kg)

$1.56 R$7.84

$6.39 ISK 779

-75.59%

Potato (1kg)

$1.24 R$6.20

$4.01 ISK 489

-69.08%

Onion (1kg)

$1.10 R$5.54

$1.64 ISK 200

-32.93%

Lettuce (1 head)

$0.81 R$4.06

$3.80 ISK 462

-78.68%

Water (1.5 liter bottle)

$0.78 R$3.91

$1.74 ISK 212

-55.17%

Cigarettes 20 Pack (Marlboro, Camel)

$2.56 R$12.84

$13.80 ISK 1,681

-81.45%

Wine (Bottle)

$8.19 R$41.09

$23.38 ISK 2,849

-64.97%

Local Beer (0.5 liter bottle)

$1.33 R$6.68

$3.53 ISK 430

-62.32%

Imported Beer (0.33 liter bottle)

$2.46 R$12.36

$3.45 ISK 420

-28.70%

One-way Ticket (Public Transport)

$1.00 R$5.01

$5.77 ISK 703

-82.67%

Public Transport Monthly Pass (Regular Price)

$48.08 R$241

$95.1 ISK 11.6K

-49.46%

Taxi Start (Normal Tariff)

$1.29 R$6.47

$6.63 ISK 808

-80.54%

Taxi (Normal Tariff) (1km)

$1.02 R$5.13

$2.79 ISK 340

-63.44%

Taxi 1hour Waiting (Normal Tariff)

$8.08 R$40.56

$81.4 ISK 9,915

-90.07%

Gasoline (1 liter)

$1.30 R$6.52

$2.11 ISK 257

-38.39%

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

$23.6K R$118.3K

$50.8K ISK 6.2M

-53.59%

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

$33.4K R$167.6K

$52.7K ISK 6.4M

-36.69%

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

$83.5 R$419

$88.7 ISK 10.8K

-5.84%

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

$13.34 R$67.0

$31.53 ISK 3,842

-57.69%

Internet (50+ Mbps, Unlimited Data)

$21.01 R$105

$84.6 ISK 10.3K

-75.18%

Gym Membership (Monthly)

$25.88 R$130

$100 ISK 12.2K

-74.22%

Tennis Court (1 Hour on Weekend)

$27.11 R$136

$48.20 ISK 5,873

-43.76%

Cinema Ticket

$7.25 R$36.40

$19.87 ISK 2,422

-63.51%

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

$343 R$1,723

$1,277 ISK 155.7K

-73.12%

International Primary School, 1 Child (Yearly)

$9,142 R$45.9K

$31.0K ISK 3.8M

-70.46%

Jeans (Levis 501 Or Similar)

$53.6 R$269

$161 ISK 19.6K

-66.70%

Summer Dress (H&M, Zara, etc)

$49.97 R$251

$64.9 ISK 7,908

-23.00%

Sport Shoes (Adidas, Nike)

$88.7 R$445

$183 ISK 22.3K

-51.44%

Men's Leather Business Shoes

$70.9 R$356

$254 ISK 30.9K

-72.07%

1-bedroom Apartment, City Center (Monthly)

$393 R$1,974

$2,499 ISK 304.6K

-84.26%

1-bedroom Apartment, Outside City Center (Monthly)

$254 R$1,275

$2,000 ISK 243.7K

-87.29%

3-bedroom Apartment, City Center (Monthly)

$730 R$3,665

$3,452 ISK 420.6K

-78.84%

3-bedroom Apartment, Outside City Center (Monthly)

$499 R$2,501

$2,742 ISK 334.2K

-81.82%

Buy Apartment in City Center (m2)

$1,920 R$9,634

$8,001 ISK 974.9K

-76.00%

Buy Apartment Outside City Center (m2)

$1,295 R$6,500

$6,249 ISK 761.5K

-79.27%

Average Monthly Net Salary (After Tax)

$539 R$2,704

$4,691 ISK 571.6K

-88.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.17

8.81

26.79%

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

Last update for Brazil: October 5, 2026

Last update for Reykjavik: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Brazil

$254 27.7%

Reykjavik

$2K 50.9% 687% $1.7K

Groceries & Markets

Brazil

$198 21.6%

Reykjavik

$625 15.9% 216% $427

Eating Out

Brazil

$129 14.1%

Reykjavik

$526 13.4% 308% $397

Clothing & Footwear

Brazil

$118 12.9%

Reykjavik

$298 7.6% 152% $180

Monthly Utilities & Internet

Brazil

$118 12.9%

Reykjavik

$205 5.2% 73.8% $87

Getting Around

Brazil

$58 6.4%

Reykjavik

$139 3.5% 137% $80

Sport & Entertainment

Brazil

$40 4.4%

Reykjavik

$140 3.6% 247% $100

Good to know

🇧🇷 Brazil

🇮🇸 Reykjavik

🕒 Local time

05:41 5:41 AM

08:41 8:41 AM

3 h ahead of Brazil

🌤 Weather

👥 Population

203,062,512

136,894 Capital

💱 Currency

Brazilian Real BRL R$

Icelandic Króna ISK kr

📈 Exchange rate

1 BRL = 0.199 USD

1 BRL = 0.178 EUR

1,000 ISK = 8.21 USD

1,000 ISK = 7.32 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 10, 2026: 1 USD = 5.02 BRL (1 BRL = 0.199 USD). 1 EUR = 5.63 BRL (1 BRL = 0.178 EUR).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

USD to BRL in detail →

On the map

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Between locations

Brazil Reykjavik 9,160 km ≈ 12 h nonstop flight

From you

Brazil
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

Brazil vs other spots: cost of living compared

Cost of Living Comparison Between Brazil and Reykjavik

ISK, USD, EUR to BRL – Brazilian Real Converter

City Median Internet Speeds Comparison (Updated April 2026)

Brazil

Reykjavik

Brazil

Reykjavik

Brazil vs other spots: cost of living compared

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