Last update: Oct 2026

Cost of Living Comparison Between Ferraz de Vasconcelos and Reykjavik

For one person, living is cheaper in Ferraz de Vasconcelos: $868 a month against $4,023 in Reykjavik, rent and utilities included – about $37,900 less a year. Rent and utilities account for most of the difference.

42

Cost of Living Index in Ferraz de Vasconcelos
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Ferraz de Vasconcelos Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Ferraz de Vasconcelos

🇧🇷 Brazil

$868

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $868 in Ferraz de Vasconcelos versus $4,023 in Reykjavik.

Ferraz de Vasconcelos $868
Reykjavik $4,023

Estimated couple costs with rent: $1,386 in Ferraz de Vasconcelos versus $5,708 in Reykjavik.

Ferraz de Vasconcelos $1,386
Reykjavik $5,708

Monthly costs for a family of three with rent: $1,905 in Ferraz de Vasconcelos versus $7,393 in Reykjavik.

Ferraz de Vasconcelos $1,905
Reykjavik $7,393

Living in Ferraz de Vasconcelos costs roughly 78% less than in Reykjavik, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Ferraz de Vasconcelos is 36% below, Reykjavik is 197% above.

Meal at Budget Restaurant

$5.70 R$28.90

$31.00 ISK 3,760

-81.61%

Three-Course Dinner for Two, Mid-Range

$31.26 R$158

$123 ISK 14.9K

-74.63%

Fast Food Meal (McDonalds, etc)

$6.77 R$34.33

$27.21 ISK 3,300

-75.12%

Cappuccino

$2.26 R$11.44

$6.90 ISK 837

-67.25%

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

$1.43 R$7.26

$3.30 ISK 401

-56.67%

Water (0.33 liter bottle)

$0.88 R$4.46

$3.16 ISK 384

-72.15%

Local Beer (0.5 liter draught)

$2.12 R$10.74

$13.84 ISK 1,678

-84.68%

Imported Beer (0.33 liter bottle)

$3.05 R$15.47

$12.46 ISK 1,512

-75.52%

Milk (1 liter)

$1.01 R$5.12

$2.06 ISK 250

-50.97%

White Bread (500g)

$1.71 R$8.68

$4.11 ISK 498

-58.39%

Rice (white) (1kg)

$1.20 R$6.08

$3.68 ISK 446

-67.39%

Eggs

$2.18 R$11.03

$7.27 ISK 882

-70.01%

Local Cheese (1kg)

$9.00 R$45.65

$21.79 ISK 2,643

-58.70%

Chicken Fillets (1kg)

$4.31 R$21.87

$23.95 ISK 2,905

-82.00%

Beef Round Steak (1kg)

$8.46 R$42.91

$41.43 ISK 5,025

-79.58%

Apples (1kg)

$2.20 R$11.14

$3.42 ISK 414

-35.67%

Banana (1kg)

$1.30 R$6.59

$2.84 ISK 344

-54.23%

Oranges (1kg)

$1.13 R$5.75

$3.23 ISK 391

-65.02%

Tomato (1kg)

$1.56 R$7.89

$6.46 ISK 783

-75.85%

Potato (1kg)

$1.23 R$6.25

$4.05 ISK 491

-69.63%

Onion (1kg)

$1.18 R$6.01

$1.66 ISK 202

-28.92%

Lettuce (1 head)

$0.77 R$3.92

$3.86 ISK 468

-80.05%

Water (1.5 liter bottle)

$0.78 R$3.95

$1.84 ISK 223

-57.61%

Cigarettes 20 Pack (Marlboro, Camel)

$2.42 R$12.27

$13.96 ISK 1,693

-82.66%

Wine (Bottle)

$8.02 R$40.68

$23.76 ISK 2,882

-66.25%

Local Beer (0.5 liter bottle)

$1.20 R$6.10

$3.54 ISK 430

-66.10%

Imported Beer (0.33 liter bottle)

$2.21 R$11.20

$3.44 ISK 418

-35.76%

One-way Ticket (Public Transport)

$1.02 R$5.17

$5.81 ISK 705

-82.44%

Public Transport Monthly Pass (Regular Price)

$43.35 R$220

$95.3 ISK 11.6K

-54.53%

Taxi Start (Normal Tariff)

$1.26 R$6.41

$6.72 ISK 815

-81.25%

Taxi (Normal Tariff) (1km)

$0.86 R$4.37

$2.81 ISK 340

-69.40%

Taxi 1hour Waiting (Normal Tariff)

$7.83 R$39.69

$81.3 ISK 9,866

-90.37%

Gasoline (1 liter)

$1.26 R$6.39

$2.12 ISK 257

-40.57%

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

$25.1K R$127.5K

$68.9K ISK 8.4M

-63.52%

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

$29.1K R$147.6K

$55.8K ISK 6.8M

-47.83%

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

$76.4 R$387

$95.8 ISK 11.6K

-20.25%

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

$12.31 R$62.4

$33.11 ISK 4,016

-62.82%

Internet (50+ Mbps, Unlimited Data)

$21.06 R$107

$87.2 ISK 10.6K

-75.83%

Gym Membership (Monthly)

$25.67 R$130

$101 ISK 12.3K

-74.60%

Tennis Court (1 Hour on Weekend)

$27.02 R$137

$50.7 ISK 6,155

-46.75%

Cinema Ticket

$7.12 R$36.09

$19.85 ISK 2,407

-64.13%

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

$299 R$1,517

$1,195 ISK 144.9K

-74.95%

International Primary School, 1 Child (Yearly)

$7,272 R$36.9K

$26.2K ISK 3.2M

-72.27%

Jeans (Levis 501 Or Similar)

$55.9 R$283

$148 ISK 18.0K

-62.30%

Summer Dress (H&M, Zara, etc)

$49.91 R$253

$66.8 ISK 8,096

-25.23%

Sport Shoes (Adidas, Nike)

$89.6 R$454

$187 ISK 22.6K

-51.99%

Men's Leather Business Shoes

$69.0 R$350

$253 ISK 30.6K

-72.70%

1-bedroom Apartment, City Center (Monthly)

$355 R$1,798

$2,579 ISK 312.8K

-86.25%

1-bedroom Apartment, Outside City Center (Monthly)

$237 R$1,199

$2,080 ISK 252.3K

-88.63%

3-bedroom Apartment, City Center (Monthly)

$655 R$3,321

$3,455 ISK 419.0K

-81.04%

3-bedroom Apartment, Outside City Center (Monthly)

$475 R$2,407

$2,752 ISK 333.8K

-82.75%

Buy Apartment in City Center (m2)

$1,674 R$8,485

$7,933 ISK 962.2K

-78.90%

Buy Apartment Outside City Center (m2)

$1,154 R$5,850

$6,377 ISK 773.5K

-81.90%

Average Monthly Net Salary (After Tax)

$301 R$1,525

$4,695 ISK 569.5K

-93.59%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

24.86%

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

Last update for Ferraz de Vasconcelos: October 19, 2026

Last update for Reykjavik: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Ferraz de Vasconcelos

$237 27.3%

Reykjavik

$2.1K 51.7% 779% $1.8K

Groceries & Markets

Ferraz de Vasconcelos

$191 22%

Reykjavik

$619 15.4% 225% $429

Eating Out

Ferraz de Vasconcelos

$119 13.7%

Reykjavik

$532 13.2% 348% $413

Clothing & Footwear

Ferraz de Vasconcelos

$119 13.7%

Reykjavik

$294 7.3% 148% $175

Monthly Utilities & Internet

Ferraz de Vasconcelos

$110 12.7%

Reykjavik

$216 5.4% 96.8% $106

Getting Around

Ferraz de Vasconcelos

$53 6.1%

Reykjavik

$139 3.5% 163% $86

Sport & Entertainment

Ferraz de Vasconcelos

$40 4.6%

Reykjavik

$141 3.5% 253% $101

Cost Breakdown

A one-bedroom apartment in the center runs $355 in Ferraz de Vasconcelos and $2,579 in Reykjavik. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 1460% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $31.00 in Ferraz de Vasconcelos vs $123 in Reykjavik for a mid-range dinner for two. Groceries echo the gap at $191 vs $619 per month, with Ferraz de Vasconcelos cheaper across the board.

Good to know

🇧🇷 Ferraz de Vasconcelos

🇮🇸 Reykjavik

🕒 Local time

03:50 3:50 AM

06:50 6:50 AM

3 h ahead of Ferraz de Vasconcelos

🌤 Weather

👥 Population

179,198

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 22, 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 22, 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

Lowest

Highest

Between locations

Ferraz de Vasconcelos Reykjavik 9,980 km ≈ 13 h nonstop flight

From you

Ferraz de Vasconcelos
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

Ferraz de Vasconcelos vs Reykjavik: Cost of Living - Frequently Asked Questions

Ferraz de Vasconcelos wins on cost – living expenses run 363% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Ferraz de Vasconcelos the obvious pick if budget is a priority.

On paper, salaries run 1460% lower in Reykjavik. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $355 in Ferraz de Vasconcelos versus $2,579 in Reykjavik. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Ferraz de Vasconcelos runs roughly 120% less than in Reykjavik. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $299 in Ferraz de Vasconcelos versus $1,195 in Reykjavik. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $868 in Ferraz de Vasconcelos versus $4,023 in Reykjavik, a $1,000 budget is realistic in Ferraz de Vasconcelos but tight or insufficient in Reykjavik. The gap between the two cities makes Ferraz de Vasconcelos the clear choice for anyone on this budget.

Both work as nomad bases, but Ferraz de Vasconcelos delivers better value – similar infrastructure at $868 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ferraz de Vasconcelos hard to pass up.

Safety-wise, Ferraz de Vasconcelos and Reykjavik are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Ferraz de Vasconcelos gentler on the wallet – expenses run 363% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.