Last update: Oct 2026

Cost of Living Comparison Between Canelones and Reykjavik

For one person, living is cheaper in Canelones: $1,997 a month against $4,023 in Reykjavik, rent and utilities included – about $24,300 less a year. Rent and utilities account for about half of the difference.

96

Cost of Living Index in Canelones
Learn more

Canelones Living Index
193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index

Jump to prices

Canelones

🇺🇾 Uruguay

$1,997

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Monthly Cost of Living

How much you'll spend in Canelones 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 Canelones and in Reykjavik actually costs, broken down by who's living it.

A single person spends $1,997 per month in Canelones vs $4,023 in Reykjavik, rent included.

Canelones $1,997
Reykjavik $4,023

A couple spends around $2,195 per month in Canelones vs $5,708 in Reykjavik, rent included.

Canelones $2,195
Reykjavik $5,708

A family of three spends $2,394 per month in Canelones vs $7,393 in Reykjavik, rent included.

Canelones $2,394
Reykjavik $7,393

Canelones is about 50% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Both Canelones and Reykjavik sit above the global median – Canelones by 47%, Reykjavik by 197%.

Meal at Budget Restaurant

$14.97 UYU 601

$31.00 ISK 3,760

-51.71%

Three-Course Dinner for Two, Mid-Range

$50.3 UYU 2,018

$123 ISK 14.9K

-59.19%

Fast Food Meal (McDonalds, etc)

$14.33 UYU 575

$27.21 ISK 3,300

-47.34%

Cappuccino

$4.05 UYU 163

$6.90 ISK 837

-41.30%

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

$2.72 UYU 109

$3.30 ISK 401

-17.58%

Water (0.33 liter bottle)

$2.07 UYU 83.1

$3.16 ISK 384

-34.49%

Local Beer (0.5 liter draught)

$4.62 UYU 185

$13.84 ISK 1,678

-66.62%

Imported Beer (0.33 liter bottle)

$2.96 UYU 119

$12.46 ISK 1,512

-76.24%

Milk (1 liter)

$1.38 UYU 55.6

$2.06 ISK 250

-33.01%

White Bread (500g)

$2.83 UYU 114

$4.11 ISK 498

-31.14%

Rice (white) (1kg)

$1.72 UYU 68.9

$3.68 ISK 446

-53.26%

Eggs

$4.44 UYU 178

$7.27 ISK 882

-38.93%

Local Cheese (1kg)

$13.98 UYU 561

$21.79 ISK 2,643

-35.84%

Chicken Fillets (1kg)

$11.55 UYU 464

$23.95 ISK 2,905

-51.77%

Beef Round Steak (1kg)

$11.93 UYU 479

$41.43 ISK 5,025

-71.20%

Apples (1kg)

$2.76 UYU 111

$3.42 ISK 414

-19.30%

Banana (1kg)

$2.76 UYU 111

$2.84 ISK 344

-2.82%

Oranges (1kg)

$1.74 UYU 69.6

$3.23 ISK 391

-46.13%

Tomato (1kg)

$3.20 UYU 128

$6.46 ISK 783

-50.46%

Potato (1kg)

$1.91 UYU 76.5

$4.05 ISK 491

-52.84%

Onion (1kg)

$2.07 UYU 83.3

$1.66 ISK 202

24.70%

Lettuce (1 head)

$1.38 UYU 55.5

$3.86 ISK 468

-64.25%

Water (1.5 liter bottle)

$1.91 UYU 76.6

$1.84 ISK 223

3.80%

Cigarettes 20 Pack (Marlboro, Camel)

$5.49 UYU 220

$13.96 ISK 1,693

-60.67%

Wine (Bottle)

$8.55 UYU 343

$23.76 ISK 2,882

-64.02%

Local Beer (0.5 liter bottle)

$2.36 UYU 94.7

$3.54 ISK 430

-33.33%

Imported Beer (0.33 liter bottle)

$2.83 UYU 113

$3.44 ISK 418

-17.73%

One-way Ticket (Public Transport)

$5.81 ISK 705

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

Taxi Start (Normal Tariff)

$1.91 UYU 76.6

$6.72 ISK 815

-71.58%

Taxi (Normal Tariff) (1km)

$0.40 UYU 16.04

$2.81 ISK 340

-85.77%

Taxi 1hour Waiting (Normal Tariff)

$10.60 UYU 426

$81.3 ISK 9,866

-86.97%

Gasoline (1 liter)

$1.91 UYU 76.8

$2.12 ISK 257

-9.91%

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

$26.0K UYU 1.0M

$68.9K ISK 8.4M

-62.31%

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

$35.7K UYU 1.4M

$55.8K ISK 6.8M

-36.00%

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

$191 UYU 7,674

$95.8 ISK 11.6K

99.57%

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

$20.54 UYU 824

$33.11 ISK 4,016

-37.96%

Internet (50+ Mbps, Unlimited Data)

$45.11 UYU 1,810

$87.2 ISK 10.6K

-48.24%

Gym Membership (Monthly)

$68.4 UYU 2,747

$101 ISK 12.3K

-32.29%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

Cinema Ticket

$12.45 UYU 500

$19.85 ISK 2,407

-37.28%

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

$627 UYU 25.2K

$1,195 ISK 144.9K

-47.52%

International Primary School, 1 Child (Yearly)

$11.0K UYU 443.0K

$26.2K ISK 3.2M

-57.91%

Jeans (Levis 501 Or Similar)

$102 UYU 4,090

$148 ISK 18.0K

-31.27%

Summer Dress (H&M, Zara, etc)

$49.03 UYU 1,968

$66.8 ISK 8,096

-26.55%

Sport Shoes (Adidas, Nike)

$111 UYU 4,453

$187 ISK 22.6K

-40.53%

Men's Leather Business Shoes

$132 UYU 5,303

$253 ISK 30.6K

-47.70%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

1-bedroom Apartment, Outside City Center (Monthly)

$878 UYU 35.2K

$2,080 ISK 252.3K

-57.80%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

Buy Apartment in City Center (m2)

$3,960 UYU 158.9K

$7,933 ISK 962.2K

-50.08%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

Average Monthly Net Salary (After Tax)

$873 UYU 35.0K

$4,695 ISK 569.5K

-81.41%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.74

8.81

-34.85%

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

Last update for Canelones: October 18, 2026

Last update for Reykjavik: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Canelones

$878 44%

Reykjavik

$2.1K 51.7% 137% $1.2K

Groceries & Markets

Canelones

$328 16.4%

Reykjavik

$619 15.4% 88.6% $291

Eating Out

Canelones

$260 13%

Reykjavik

$532 13.2% 105% $273

Monthly Utilities & Internet

Canelones

$257 12.9%

Reykjavik

$216 5.4% 15.9% $41

Clothing & Footwear

Canelones

$177 8.9%

Reykjavik

$294 7.3% 66% $117

Sport & Entertainment

Canelones

$93 4.7%

Reykjavik

$141 3.5% 50.8% $47

Getting Around

Canelones

$3.9 * 0.2%

Reykjavik

$139 3.5% 3463% $135

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries run about 438% higher in Reykjavik, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $50.0 in Canelones versus $123 in Reykjavik. Monthly groceries follow the same trend: $328 vs $619 – making Canelones the more affordable choice for daily food spending.

Good to know

🇺🇾 Canelones

🇮🇸 Reykjavik

🕒 Local time

12:00 12:00 PM

15:00 3:00 PM

3 h ahead of Canelones

🌤 Weather

👥 Population

19,865

136,894 Capital

💱 Currency

Uruguayan Peso UYU $U

Icelandic Króna ISK kr

📈 Exchange rate

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

Exchange rates and currency converter

ISK, USD, EUR to UYU – Uruguayan Peso Converter

🇺🇸 United States Dollar ($)

🇺🇾 Uruguayan Peso ($U)

Uruguayan Peso exchange rates as of October 24, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

Icelandic Króna exchange rates as of October 24, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

USD to UYU in detail →

On the map

Lowest

Highest

Between locations

Canelones Reykjavik 11,380 km ≈ 15 h nonstop flight

From you

Canelones
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

Canelones vs Reykjavik: Cost of Living - Frequently Asked Questions

Yes – Reykjavik is pricier by about 101%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,996 per month in Canelones and $6,034 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,997 in Canelones and $4,023 in Reykjavik. That's a gap of about 101%.

Kindergarten costs $627 per month in Canelones and $1,195 in Reykjavik. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Canelones, where all-in costs run around $1,997, than in Reykjavik at $4,023. In Canelones it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

Families tend to lean toward Canelones – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Canelones. 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.