Last update: Oct 2026

Cost of Living Comparison Between Niteroi and Reykjavik

For one person, living is cheaper in Niteroi: $1,089 a month against $4,037 in Reykjavik, rent and utilities included – about $35,400 less a year. Rent and utilities account for most of the difference.

52

Cost of Living Index in Niteroi
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Niteroi Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Niteroi

🇧🇷 Brazil

$1,089

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Monthly Cost of Living

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

A single person spends $1,089 per month in Niteroi vs $4,037 in Reykjavik, rent included.

Niteroi $1,089
Reykjavik $4,037

A couple spends around $1,715 per month in Niteroi vs $5,666 in Reykjavik, rent included.

Niteroi $1,715
Reykjavik $5,666

A family of three spends $2,342 per month in Niteroi vs $7,295 in Reykjavik, rent included.

Niteroi $2,342
Reykjavik $7,295

Niteroi is about 73% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Niteroi sits 19% below the global median, while Reykjavik is 201% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.64 R$38.16

$30.59 ISK 3,730

-75.02%

Three-Course Dinner for Two, Mid-Range

$40.42 R$202

$136 ISK 16.5K

-70.17%

Fast Food Meal (McDonalds, etc)

$7.61 R$38.00

$27.08 ISK 3,302

-71.90%

Cappuccino

$2.63 R$13.11

$6.72 ISK 819

-60.86%

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

$1.54 R$7.69

$3.27 ISK 399

-52.91%

Water (0.33 liter bottle)

$1.00 R$5.01

$3.16 ISK 386

-68.35%

Local Beer (0.5 liter draught)

$2.52 R$12.59

$13.91 ISK 1,696

-81.88%

Imported Beer (0.33 liter bottle)

$2.66 R$13.26

$12.06 ISK 1,470

-77.94%

Milk (1 liter)

$1.22 R$6.09

$2.04 ISK 248

-40.20%

White Bread (500g)

$1.61 R$8.02

$4.32 ISK 527

-62.73%

Rice (white) (1kg)

$1.42 R$7.08

$3.67 ISK 447

-61.31%

Eggs

$2.09 R$10.45

$7.02 ISK 856

-70.23%

Local Cheese (1kg)

$10.04 R$50.1

$22.01 ISK 2,684

-54.38%

Chicken Fillets (1kg)

$4.41 R$22.01

$24.70 ISK 3,012

-82.15%

Beef Round Steak (1kg)

$8.30 R$41.44

$42.66 ISK 5,202

-80.54%

Apples (1kg)

$2.61 R$13.05

$3.37 ISK 412

-22.55%

Banana (1kg)

$1.74 R$8.71

$2.85 ISK 347

-38.95%

Oranges (1kg)

$1.82 R$9.06

$3.17 ISK 387

-42.59%

Tomato (1kg)

$1.85 R$9.22

$6.39 ISK 779

-71.05%

Potato (1kg)

$1.34 R$6.70

$4.01 ISK 489

-66.58%

Onion (1kg)

$1.07 R$5.33

$1.64 ISK 200

-34.76%

Lettuce (1 head)

$0.69 R$3.42

$3.80 ISK 463

-81.84%

Water (1.5 liter bottle)

$0.73 R$3.62

$1.74 ISK 212

-58.05%

Cigarettes 20 Pack (Marlboro, Camel)

$3.56 R$17.76

$13.80 ISK 1,682

-74.20%

Wine (Bottle)

$6.56 R$32.74

$23.38 ISK 2,851

-71.94%

Local Beer (0.5 liter bottle)

$1.34 R$6.68

$3.53 ISK 430

-62.04%

Imported Beer (0.33 liter bottle)

$2.06 R$10.30

$3.45 ISK 420

-40.29%

One-way Ticket (Public Transport)

$1.05 R$5.25

$5.77 ISK 704

-81.80%

Public Transport Monthly Pass (Regular Price)

$49.26 R$246

$95.1 ISK 11.6K

-48.22%

Taxi Start (Normal Tariff)

$1.17 R$5.83

$6.63 ISK 808

-82.35%

Taxi (Normal Tariff) (1km)

$1.17 R$5.84

$2.79 ISK 341

-58.06%

Taxi 1hour Waiting (Normal Tariff)

$8.24 R$41.12

$81.4 ISK 9,923

-89.87%

Gasoline (1 liter)

$1.27 R$6.34

$2.11 ISK 257

-39.81%

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

$19.5K R$97.6K

$50.8K ISK 6.2M

-61.54%

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

$30.9K R$154.2K

$52.7K ISK 6.4M

-41.41%

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

$116 R$581

$88.7 ISK 10.8K

31.35%

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

$17.32 R$86.5

$31.53 ISK 3,845

-45.07%

Internet (50+ Mbps, Unlimited Data)

$19.81 R$98.9

$84.6 ISK 10.3K

-76.59%

Gym Membership (Monthly)

$37.83 R$189

$100 ISK 12.2K

-62.31%

Tennis Court (1 Hour on Weekend)

$32.90 R$164

$48.20 ISK 5,877

-31.74%

Cinema Ticket

$11.82 R$59.0

$19.87 ISK 2,424

-40.51%

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

$534 R$2,666

$1,277 ISK 155.8K

-58.19%

International Primary School, 1 Child (Yearly)

$4,910 R$24.5K

$31.0K ISK 3.8M

-84.13%

Jeans (Levis 501 Or Similar)

$62.9 R$314

$161 ISK 19.6K

-60.92%

Summer Dress (H&M, Zara, etc)

$44.05 R$220

$64.9 ISK 7,914

-32.13%

Sport Shoes (Adidas, Nike)

$106 R$529

$183 ISK 22.3K

-42.01%

Men's Leather Business Shoes

$91.6 R$457

$254 ISK 31.0K

-63.94%

1-bedroom Apartment, City Center (Monthly)

$425 R$2,119

$2,499 ISK 304.8K

-83.01%

1-bedroom Apartment, Outside City Center (Monthly)

$305 R$1,520

$2,000 ISK 243.9K

-84.78%

3-bedroom Apartment, City Center (Monthly)

$823 R$4,108

$3,452 ISK 421.0K

-76.16%

3-bedroom Apartment, Outside City Center (Monthly)

$632 R$3,154

$2,742 ISK 334.4K

-76.96%

Buy Apartment in City Center (m2)

$1,452 R$7,250

$8,001 ISK 975.7K

-81.85%

Buy Apartment Outside City Center (m2)

$1,507 R$7,525

$6,249 ISK 762.1K

-75.88%

Average Monthly Net Salary (After Tax)

$941 R$4,696

$4,691 ISK 572.0K

-79.94%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.7

8.81

21.45%

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

Last update for Niteroi: October 4, 2026

Last update for Reykjavik: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Niteroi

$305 28.7%

Reykjavik

$2K 50.9% 557% $1.7K

Groceries & Markets

Niteroi

$201 18.9%

Reykjavik

$625 15.9% 211% $424

Monthly Utilities & Internet

Niteroi

$154 14.5%

Reykjavik

$205 5.2% 33.4% $51

Eating Out

Niteroi

$144 13.5%

Reykjavik

$526 13.4% 266% $382

Clothing & Footwear

Niteroi

$137 12.9%

Reykjavik

$298 7.6% 118% $161

Sport & Entertainment

Niteroi

$61 5.8%

Reykjavik

$140 3.6% 128% $79

Getting Around

Niteroi

$60 5.7%

Reykjavik

$139 3.5% 130% $78

Cost Breakdown

A central one-bedroom costs $425 in Niteroi versus $2,499 in Reykjavik. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 399% 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 $40.00 in Niteroi versus $136 in Reykjavik. Monthly groceries follow the same trend: $201 vs $625 – making Niteroi the more affordable choice for daily food spending.

Good to know

🇧🇷 Niteroi

🇮🇸 Reykjavik

🕒 Local time

08:31 8:31 AM

11:31 11:31 AM

3 h ahead of Niteroi

🌤 Weather

👥 Population

481,749

136,894 Capital

💱 Currency

Brazilian Real BRL R$

Icelandic Króna ISK kr

📈 Exchange rate

1 BRL = 0.2 USD

1 BRL = 0.179 EUR

1,000 ISK = 8.2 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 = 4.99 BRL (1 BRL = 0.2 USD). 1 EUR = 5.59 BRL (1 BRL = 0.179 EUR).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

USD to BRL in detail →

On the map

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Highest

Between locations

Niteroi Reykjavik 9,850 km ≈ 13 h nonstop flight

From you

Niteroi
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

Niteroi vs Reykjavik: Cost of Living - Frequently Asked Questions

Yes – Reykjavik is pricier by about 271%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,633 per month in Niteroi and $6,055 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Niteroi, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $534 per month in Niteroi and $1,277 in Reykjavik. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 211% more in Reykjavik, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Niteroi, where all-in costs run around $1,089, than in Reykjavik at $4,037. In Niteroi it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

Families tend to lean toward Niteroi – 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 Niteroi. 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.