Last update: Oct 2026

Cost of Living Comparison Between Nova Friburgo and Reykjavik

For one person, living is cheaper in Nova Friburgo: $611 a month against $4,002 in Reykjavik, rent and utilities included – about $40,700 less a year. Rent and utilities account for most of the difference.

30

Cost of Living Index in Nova Friburgo
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Nova Friburgo Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Nova Friburgo

🇧🇷 Brazil

$611

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $611 in Nova Friburgo versus $4,002 in Reykjavik.

Nova Friburgo $611
Reykjavik $4,002

Estimated couple costs with rent: $1,026 in Nova Friburgo versus $5,705 in Reykjavik.

Nova Friburgo $1,026
Reykjavik $5,705

Monthly costs for a family of three with rent: $1,440 in Nova Friburgo versus $7,407 in Reykjavik.

Nova Friburgo $1,440
Reykjavik $7,407

Living in Nova Friburgo costs roughly 85% less than in Reykjavik, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Nova Friburgo is 55% below, Reykjavik is 196% above.

Meal at Budget Restaurant

$5.87 R$29.44

$31.56 ISK 3,834

-81.40%

Three-Course Dinner for Two, Mid-Range

$30.15 R$151

$122 ISK 14.9K

-75.36%

Fast Food Meal (McDonalds, etc)

$6.38 R$32.01

$26.86 ISK 3,263

-76.25%

Cappuccino

$1.76 R$8.84

$6.81 ISK 828

-74.16%

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

$0.88 R$4.42

$3.39 ISK 411

-74.04%

Water (0.33 liter bottle)

$0.58 R$2.89

$3.20 ISK 389

-81.88%

Local Beer (0.5 liter draught)

$1.19 R$5.95

$14.14 ISK 1,717

-91.58%

Imported Beer (0.33 liter bottle)

$2.45 R$12.30

$12.31 ISK 1,495

-80.10%

Milk (1 liter)

$0.97 R$4.85

$2.10 ISK 255

-53.81%

White Bread (500g)

$1.51 R$7.58

$4.19 ISK 509

-63.96%

Rice (white) (1kg)

$1.38 R$6.94

$3.72 ISK 452

-62.90%

Eggs

$1.94 R$9.75

$7.05 ISK 857

-72.48%

Local Cheese (1kg)

$9.21 R$46.22

$21.56 ISK 2,619

-57.28%

Chicken Fillets (1kg)

$3.42 R$17.16

$24.68 ISK 2,998

-86.14%

Beef Round Steak (1kg)

$9.52 R$47.79

$42.19 ISK 5,125

-77.44%

Apples (1kg)

$1.62 R$8.14

$3.23 ISK 393

-49.85%

Banana (1kg)

$1.20 R$6.04

$2.73 ISK 332

-56.04%

Oranges (1kg)

$0.93 R$4.65

$3.17 ISK 385

-70.66%

Tomato (1kg)

$1.28 R$6.43

$6.61 ISK 804

-80.64%

Potato (1kg)

$0.65 R$3.25

$3.85 ISK 467

-83.12%

Onion (1kg)

$0.81 R$4.04

$1.66 ISK 201

-51.20%

Lettuce (1 head)

$0.56 R$2.82

$3.80 ISK 462

-85.26%

Water (1.5 liter bottle)

$0.76 R$3.83

$1.75 ISK 212

-56.57%

Cigarettes 20 Pack (Marlboro, Camel)

$1.58 R$7.94

$13.71 ISK 1,665

-88.48%

Wine (Bottle)

$6.07 R$30.43

$24.21 ISK 2,942

-74.93%

Local Beer (0.5 liter bottle)

$1.01 R$5.07

$3.53 ISK 429

-71.39%

Imported Beer (0.33 liter bottle)

$1.42 R$7.12

$3.32 ISK 403

-57.23%

One-way Ticket (Public Transport)

$0.96 R$4.83

$5.75 ISK 698

-83.30%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$1.22 R$6.11

$6.61 ISK 804

-81.54%

Taxi (Normal Tariff) (1km)

$0.56 R$2.79

$2.90 ISK 352

-80.69%

Taxi 1hour Waiting (Normal Tariff)

$6.87 R$34.45

$79.2 ISK 9,617

-91.32%

Gasoline (1 liter)

$1.25 R$6.27

$2.09 ISK 254

-40.19%

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

$20.0K R$100.3K

$51.0K ISK 6.2M

-60.82%

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

$31.0K R$155.6K

$53.3K ISK 6.5M

-41.80%

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

$41.63 R$209

$95.3 ISK 11.6K

-56.30%

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

$9.54 R$47.85

$32.35 ISK 3,929

-70.51%

Internet (50+ Mbps, Unlimited Data)

$18.74 R$94.0

$87.5 ISK 10.6K

-78.59%

Gym Membership (Monthly)

$22.35 R$112

$102 ISK 12.4K

-78.06%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,083

Cinema Ticket

$6.77 R$33.95

$19.88 ISK 2,415

-65.95%

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

$147 R$739

$1,194 ISK 145.0K

-87.67%

International Primary School, 1 Child (Yearly)

$2,693 R$13.5K

$25.4K ISK 3.1M

-89.40%

Jeans (Levis 501 Or Similar)

$71.1 R$357

$149 ISK 18.1K

-52.27%

Summer Dress (H&M, Zara, etc)

$84.5 R$424

$66.6 ISK 8,093

26.79%

Sport Shoes (Adidas, Nike)

$68.1 R$342

$180 ISK 21.9K

-62.14%

Men's Leather Business Shoes

$47.77 R$240

$253 ISK 30.8K

-81.14%

1-bedroom Apartment, City Center (Monthly)

$161 R$809

$2,549 ISK 309.7K

-93.67%

1-bedroom Apartment, Outside City Center (Monthly)

$99.3 R$498

$2,056 ISK 249.8K

-95.17%

3-bedroom Apartment, City Center (Monthly)

$396 R$1,987

$3,498 ISK 424.9K

-88.68%

3-bedroom Apartment, Outside City Center (Monthly)

$243 R$1,221

$2,764 ISK 335.7K

-91.19%

Buy Apartment in City Center (m2)

$1,604 R$8,050

$8,120 ISK 986.4K

-80.24%

Buy Apartment Outside City Center (m2)

$810 R$4,062

$6,254 ISK 759.7K

-87.06%

Average Monthly Net Salary (After Tax)

$521 R$2,613

$4,573 ISK 555.5K

-88.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.67

8.81

21.11%

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

Last update for Nova Friburgo: October 10, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Nova Friburgo

$172 28.1%

Reykjavik

$623 15.6% 262% $451

Clothing & Footwear

Nova Friburgo

$122 20%

Reykjavik

$292 7.3% 139% $170

Eating Out

Nova Friburgo

$104 17%

Reykjavik

$536 13.4% 416% $433

Accommodation & Living

Nova Friburgo

$99 16.3%

Reykjavik

$2.1K 51.4% 1972% $2K

Monthly Utilities & Internet

Nova Friburgo

$70 11.5%

Reykjavik

$215 5.4% 208% $145

Sport & Entertainment

Nova Friburgo

$36 5.9%

Reykjavik

$142 3.5% 295% $106

Getting Around

Nova Friburgo

$7.9 * 1.3%

Reykjavik

$138 3.5% 1657% $130

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

Cost Breakdown

A one-bedroom apartment in the center runs $161 in Nova Friburgo and $2,549 in Reykjavik. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 778% 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: $30.00 in Nova Friburgo vs $122 in Reykjavik for a mid-range dinner for two. Groceries echo the gap at $172 vs $623 per month, with Nova Friburgo cheaper across the board.

Good to know

🇧🇷 Nova Friburgo

🇮🇸 Reykjavik

🕒 Local time

15:37 3:37 PM

18:37 6:37 PM

3 h ahead of Nova Friburgo

🌤 Weather

👥 Population

189,939

136,894 Capital

💱 Currency

Brazilian Real BRL R$

Icelandic Króna ISK kr

📈 Exchange rate

1 BRL = 0.199 USD

1 BRL = 0.178 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.35 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 14, 2026: 1 USD = 5.02 BRL (1 BRL = 0.199 USD). 1 EUR = 5.62 BRL (1 BRL = 0.178 EUR).

Icelandic Króna exchange rates as of October 14, 2026: 1 USD = 121 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

USD to BRL in detail →

On the map

Lowest

Highest

Between locations

Nova Friburgo Reykjavik 9,780 km ≈ 13 h nonstop flight

From you

Nova Friburgo
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

Nova Friburgo vs Reykjavik: Cost of Living - Frequently Asked Questions

Nova Friburgo wins on cost – living expenses run 555% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Nova Friburgo the obvious pick if budget is a priority.

On paper, salaries run 778% 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: $161 in Nova Friburgo versus $2,549 in Reykjavik. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 262% higher in Reykjavik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $611 per month in Nova Friburgo versus $4,002 in Reykjavik – a 555% gap that adds up to real savings over time for anyone picking the cheaper option.

At $611 in Nova Friburgo versus $4,002 in Reykjavik, a $1,000 budget is realistic in Nova Friburgo but tight or insufficient in Reykjavik. The gap between the two cities makes Nova Friburgo the clear choice for anyone on this budget.

Both work as nomad bases, but Nova Friburgo delivers better value – similar infrastructure at $611 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Nova Friburgo hard to pass up.

Safety-wise, Nova Friburgo 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 Nova Friburgo gentler on the wallet – expenses run 555% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.