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

😐 Solo nomad: Iceland is 228.9% more expensive than Brazil without rent, and 359.5% more expensive with rent.
😐 Family of 3: Iceland is 242.7% more expensive than Brazil without rent, and 297.9% more expensive with rent.
Currency
🍽 Eating Out
Iceland
Brazil
Difference
Meal at Budget Restaurant
$26.93 ISK 3,293
$5.29 R$26.42
409.07%
Three-Course Dinner for Two, Mid-Range
$127 ISK 15.5K
$29.02 R$145
336.49%
Fast Food Meal (McDonalds, etc)
$20.36 ISK 2,489
$6.19 R$30.88
228.92%
Cappuccino
$5.84 ISK 714
$1.71 R$8.56
241.52%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.29 ISK 403
$1.07 R$5.34
207.48%
Water (0.33 liter bottle)
$2.68 ISK 328
$0.66 R$3.30
306.06%
Local Beer (0.5 liter draught)
$12.22 ISK 1,494
$1.78 R$8.90
586.52%
Imported Beer (0.33 liter bottle)
$10.49 ISK 1,282
$2.62 R$13.08
300.38%
🛒 Groceries & Markets
Iceland
Brazil
Difference
Milk (1 liter)
$1.94 ISK 238
$0.95 R$4.73
104.21%
White Bread (500g)
$4.17 ISK 509
$1.53 R$7.63
172.55%
Rice (white) (1kg)
$3.57 ISK 437
$1.23 R$6.11
190.24%
Eggs
$6.38 ISK 779
$2.12 R$10.57
200.94%
Local Cheese (1kg)
$18.51 ISK 2,263
$8.71 R$43.49
112.51%
Chicken Fillets (1kg)
$24.46 ISK 2,990
$3.67 R$18.30
566.49%
Beef Round Steak (1kg)
$42.80 ISK 5,232
$7.44 R$37.14
475.27%
Apples (1kg)
$3.18 ISK 389
$2.12 R$10.57
50.00%
Banana (1kg)
$2.43 ISK 297
$1.33 R$6.62
82.71%
Oranges (1kg)
$2.83 ISK 346
$1.14 R$5.67
148.25%
Tomato (1kg)
$5.10 ISK 624
$1.50 R$7.50
240.00%
Potato (1kg)
$3.51 ISK 429
$1.18 R$5.90
197.46%
Onion (1kg)
$2.28 ISK 278
$1.11 R$5.55
105.41%
Lettuce (1 head)
$3.17 ISK 388
$0.75 R$3.74
322.67%
Water (1.5 liter bottle)
$2.25 ISK 275
$0.70 R$3.48
221.43%
Cigarettes 20 Pack (Marlboro, Camel)
$14.21 ISK 1,737
$2.13 R$10.64
567.14%
Wine (Bottle)
$22.03 ISK 2,693
$7.78 R$38.84
183.16%
Local Beer (0.5 liter bottle)
$3.59 ISK 439
$1.17 R$5.82
206.84%
Imported Beer (0.33 liter bottle)
$3.15 ISK 385
$2.16 R$10.79
45.83%
🚌 Getting Around
Iceland
Brazil
Difference
One-way Ticket (Public Transport)
$5.30 ISK 648
$0.94 R$4.71
463.83%
Public Transport Monthly Pass (Regular Price)
$83.8 ISK 10.2K
$40.50 R$202
106.81%
Taxi Start (Normal Tariff)
$6.16 ISK 753
$1.05 R$5.26
486.67%
Taxi (Normal Tariff) (1km)
$2.27 ISK 278
$0.87 R$4.35
160.92%
Taxi 1hour Waiting (Normal Tariff)
$86.0 ISK 10.5K
$7.34 R$36.65
1071.53%
Gasoline (1 liter)
$2.48 ISK 303
$1.09 R$5.43
127.52%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$47.5K ISK 5.8M
$21.5K R$107.3K
121.12%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$52.8K ISK 6.5M
$28.1K R$140.2K
87.99%
🧾 Monthly Utilities & Internet
Iceland
Brazil
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$91.0 ISK 11.1K
$67.9 R$339
34.03%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.81 ISK 3,400
$13.96 R$69.7
99.21%
Internet (50+ Mbps, Unlimited Data)
$88.4 ISK 10.8K
$19.11 R$95.4
362.48%
🎉 Sport & Entertainment
Iceland
Brazil
Difference
Gym Membership (Monthly)
$82.4 ISK 10.1K
$23.13 R$115
256.07%
Tennis Court (1 Hour on Weekend)
$38.19 ISK 4,668
$22.65 R$113
68.61%
Cinema Ticket
$17.73 ISK 2,168
$6.17 R$30.77
187.36%
🧸 Childcare & Education
Iceland
Brazil
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$346 ISK 42.3K
$289 R$1,443
19.54%
International Primary School, 1 Child (Yearly)
$29.6K ISK 3.6M
$7,313 R$36.5K
304.97%
👕👟 Clothing & Footwear
Iceland
Brazil
Difference
Jeans (Levis 501 Or Similar)
$137 ISK 16.7K
$49.43 R$247
176.86%
Summer Dress (H&M, Zara, etc)
$64.0 ISK 7,819
$42.74 R$213
49.67%
Sport Shoes (Adidas, Nike)
$173 ISK 21.1K
$76.9 R$384
124.41%
Men's Leather Business Shoes
$249 ISK 30.4K
$62.4 R$311
298.69%
🏠 Accommodation & Living
Iceland
Brazil
Difference
1-bedroom Apartment, City Center (Monthly)
$2,170 ISK 265.3K
$336 R$1,677
545.60%
1-bedroom Apartment, Outside City Center (Monthly)
$1,995 ISK 243.9K
$230 R$1,148
767.54%
3-bedroom Apartment, City Center (Monthly)
$3,122 ISK 381.6K
$647 R$3,227
382.69%
3-bedroom Apartment, Outside City Center (Monthly)
$2,691 ISK 329.0K
$447 R$2,229
502.42%
Buy Apartment in City Center (m2)
$7,697 ISK 940.9K
$1,885 R$9,404
308.43%
Buy Apartment Outside City Center (m2)
$6,250 ISK 764.0K
$1,276 R$6,369
389.63%
💵 Salaries & Financials
Iceland
Brazil
Difference
Average Monthly Net Salary (After Tax)
$4,656 ISK 569.1K
$535 R$2,670
770.25%
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: April 12, 2026

Last update for Brazil: April 12, 2026

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

Iceland vs other spots: cost of living compared

Similar countries