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

Name: Brazil
Address: BR

😐 Solo nomad: Iceland is 226.6% more expensive than Brazil without rent, and 384.5% more expensive with rent.

😐 Family of 3: Iceland is 243.3% more expensive than Brazil without rent, and 314.3% more expensive with rent.

Meal at Budget Restaurant

$26.42 ISK 3,328

$5.32 R$28.56

396.62%

Three-Course Dinner for Two, Mid-Range

$128 ISK 16.1K

$28.38 R$152

350.07%

Fast Food Meal (McDonalds, etc)

$19.96 ISK 2,514

$6.41 R$34.41

211.39%

Cappuccino

$5.99 ISK 755

$1.71 R$9.20

250.29%

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

$3.32 ISK 418

$1.12 R$6.02

196.43%

Water (0.33 liter bottle)

$2.62 ISK 330

$0.67 R$3.61

291.04%

Local Beer (0.5 liter draught)

$12.09 ISK 1,523

$1.77 R$9.49

583.05%

Imported Beer (0.33 liter bottle)

$10.65 ISK 1,341

$2.63 R$14.14

304.94%

Milk (1 liter)

$1.95 ISK 246

$1.03 R$5.51

89.32%

White Bread (500g)

$4.21 ISK 531

$1.53 R$8.24

175.16%

Rice (white) (1kg)

$3.59 ISK 452

$1.18 R$6.35

204.24%

Eggs

$6.41 ISK 808

$2.02 R$10.84

217.33%

Local Cheese (1kg)

$18.74 ISK 2,360

$8.60 R$46.16

117.91%

Chicken Fillets (1kg)

$23.89 ISK 3,010

$3.83 R$20.56

523.76%

Beef Round Steak (1kg)

$42.05 ISK 5,298

$7.40 R$39.73

468.24%

Apples (1kg)

$3.07 ISK 387

$2.14 R$11.51

43.46%

Banana (1kg)

$2.50 ISK 315

$1.32 R$7.07

89.39%

Oranges (1kg)

$2.89 ISK 364

$1.19 R$6.39

142.86%

Tomato (1kg)

$4.96 ISK 625

$1.44 R$7.72

244.44%

Potato (1kg)

$3.51 ISK 442

$1.17 R$6.29

200.00%

Onion (1kg)

$2.28 ISK 287

$1.05 R$5.63

117.14%

Lettuce (1 head)

$3.09 ISK 390

$0.75 R$4.04

312.00%

Water (1.5 liter bottle)

$2.17 ISK 274

$0.69 R$3.71

214.49%

Cigarettes 20 Pack (Marlboro, Camel)

$14.28 ISK 1,799

$2.14 R$11.47

567.29%

Wine (Bottle)

$23.25 ISK 2,929

$7.31 R$39.24

218.06%

Local Beer (0.5 liter bottle)

$3.72 ISK 468

$1.23 R$6.61

202.44%

Imported Beer (0.33 liter bottle)

$3.20 ISK 404

$2.24 R$12.00

42.86%

One-way Ticket (Public Transport)

$5.29 ISK 666

$0.92 R$4.92

475.00%

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.6K

$41.49 R$223

102.84%

Taxi Start (Normal Tariff)

$6.39 ISK 805

$1.07 R$5.74

497.20%

Taxi (Normal Tariff) (1km)

$2.38 ISK 300

$0.90 R$4.81

164.44%

Taxi 1hour Waiting (Normal Tariff)

$84.9 ISK 10.7K

$7.30 R$39.18

1062.74%

Gasoline (1 liter)

$2.54 ISK 320

$1.10 R$5.90

130.91%

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

$47.1K ISK 5.9M

$21.7K R$116.3K

117.33%

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

$54.5K ISK 6.9M

$27.5K R$147.9K

97.80%

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

$90.6 ISK 11.4K

$68.4 R$367

32.44%

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

$27.40 ISK 3,451

$13.72 R$73.7

99.71%

Internet (50+ Mbps, Unlimited Data)

$88.2 ISK 11.1K

$19.15 R$103

360.52%

Gym Membership (Monthly)

$82.6 ISK 10.4K

$22.72 R$122

263.56%

Tennis Court (1 Hour on Weekend)

$37.13 ISK 4,677

$22.74 R$122

63.28%

Cinema Ticket

$17.81 ISK 2,244

$6.15 R$33.03

189.59%

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

$347 ISK 43.7K

$286 R$1,537

21.33%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

$7,507 R$40.3K

295.80%

Jeans (Levis 501 Or Similar)

$138 ISK 17.4K

$49.12 R$264

180.66%

Summer Dress (H&M, Zara, etc)

$62.7 ISK 7,898

$42.97 R$231

45.92%

Sport Shoes (Adidas, Nike)

$175 ISK 22.0K

$77.8 R$418

124.62%

Men's Leather Business Shoes

$253 ISK 31.9K

$63.2 R$339

300.63%

1-bedroom Apartment, City Center (Monthly)

$2,235 ISK 281.6K

$328 R$1,759

582.34%

1-bedroom Apartment, Outside City Center (Monthly)

$1,977 ISK 249.1K

$230 R$1,235

759.95%

3-bedroom Apartment, City Center (Monthly)

$3,150 ISK 396.8K

$654 R$3,514

381.34%

3-bedroom Apartment, Outside City Center (Monthly)

$2,737 ISK 344.7K

$456 R$2,449

500.07%

Buy Apartment in City Center (m2)

$7,399 ISK 932.0K

$1,769 R$9,497

318.35%

Buy Apartment Outside City Center (m2)

$6,095 ISK 767.8K

$1,209 R$6,494

404.04%

Average Monthly Net Salary (After Tax)

$4,487 ISK 565.2K

$490 R$2,630

815.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.88

11.16

-11.47%

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

Last update for Iceland: January 13, 2026

Last update for Brazil: January 12, 2026

Digital Nomad Cost of Living Index

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

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