Last update: Oct 2026

Cost of Living Comparison Between Passo Fundo and Reykjavik

For one person, living is cheaper in Passo Fundo: $891 a month against $4,002 in Reykjavik, rent and utilities included – about $37,300 less a year. Rent and utilities account for most of the difference.

43

Cost of Living Index in Passo Fundo
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Passo Fundo Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Passo Fundo

🇧🇷 Brazil

$891

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $891 in Passo Fundo versus $4,002 in Reykjavik.

Passo Fundo $891
Reykjavik $4,002

Estimated couple costs with rent: $1,545 in Passo Fundo versus $5,705 in Reykjavik.

Passo Fundo $1,545
Reykjavik $5,705

Monthly costs for a family of three with rent: $2,200 in Passo Fundo versus $7,407 in Reykjavik.

Passo Fundo $2,200
Reykjavik $7,407

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

The two cities straddle the global median: Passo Fundo is 34% below, Reykjavik is 196% above.

Meal at Budget Restaurant

$5.89 R$29.87

$31.56 ISK 3,828

-81.34%

Three-Course Dinner for Two, Mid-Range

$32.63 R$165

$122 ISK 14.8K

-73.33%

Fast Food Meal (McDonalds, etc)

$7.05 R$35.74

$26.86 ISK 3,258

-73.75%

Cappuccino

$2.03 R$10.28

$6.81 ISK 827

-70.19%

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

$1.43 R$7.25

$3.39 ISK 411

-57.82%

Water (0.33 liter bottle)

$0.90 R$4.55

$3.20 ISK 388

-71.88%

Local Beer (0.5 liter draught)

$2.35 R$11.92

$14.14 ISK 1,715

-83.38%

Imported Beer (0.33 liter bottle)

$2.99 R$15.13

$12.31 ISK 1,493

-75.71%

Milk (1 liter)

$0.99 R$5.02

$2.10 ISK 255

-52.86%

White Bread (500g)

$1.73 R$8.77

$4.19 ISK 508

-58.71%

Rice (white) (1kg)

$0.83 R$4.22

$3.72 ISK 451

-77.69%

Eggs

$2.35 R$11.92

$7.05 ISK 856

-66.67%

Local Cheese (1kg)

$10.40 R$52.7

$21.56 ISK 2,615

-51.76%

Chicken Fillets (1kg)

$4.82 R$24.46

$24.68 ISK 2,993

-80.47%

Beef Round Steak (1kg)

$9.88 R$50.1

$42.19 ISK 5,117

-76.58%

Apples (1kg)

$2.38 R$12.06

$3.23 ISK 392

-26.32%

Banana (1kg)

$1.18 R$5.96

$2.73 ISK 331

-56.78%

Oranges (1kg)

$1.03 R$5.20

$3.17 ISK 384

-67.51%

Tomato (1kg)

$1.29 R$6.53

$6.61 ISK 802

-80.48%

Potato (1kg)

$1.21 R$6.13

$3.85 ISK 467

-68.57%

Onion (1kg)

$1.14 R$5.76

$1.66 ISK 201

-31.33%

Lettuce (1 head)

$0.87 R$4.39

$3.80 ISK 461

-77.11%

Water (1.5 liter bottle)

$0.77 R$3.92

$1.75 ISK 212

-56.00%

Cigarettes 20 Pack (Marlboro, Camel)

$2.55 R$12.94

$13.71 ISK 1,662

-81.40%

Wine (Bottle)

$8.06 R$40.85

$24.21 ISK 2,937

-66.71%

Local Beer (0.5 liter bottle)

$1.12 R$5.67

$3.53 ISK 428

-68.27%

Imported Beer (0.33 liter bottle)

$2.20 R$11.15

$3.32 ISK 402

-33.73%

One-way Ticket (Public Transport)

$1.23 R$6.25

$5.75 ISK 697

-78.61%

Public Transport Monthly Pass (Regular Price)

$53.4 R$271

$93.8 ISK 11.4K

-43.08%

Taxi Start (Normal Tariff)

$1.27 R$6.45

$6.61 ISK 802

-80.79%

Taxi (Normal Tariff) (1km)

$0.80 R$4.03

$2.90 ISK 352

-72.41%

Taxi 1hour Waiting (Normal Tariff)

$8.13 R$41.22

$79.2 ISK 9,602

-89.73%

Gasoline (1 liter)

$1.24 R$6.31

$2.09 ISK 253

-40.67%

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

$23.5K R$119.1K

$51.0K ISK 6.2M

-53.93%

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

$33.4K R$169.3K

$53.3K ISK 6.5M

-37.32%

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

$75.9 R$385

$95.3 ISK 11.6K

-20.30%

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

$8.78 R$44.51

$32.35 ISK 3,923

-72.86%

Internet (50+ Mbps, Unlimited Data)

$21.42 R$109

$87.5 ISK 10.6K

-75.53%

Gym Membership (Monthly)

$28.35 R$144

$102 ISK 12.4K

-72.17%

Tennis Court (1 Hour on Weekend)

$17.72 R$89.8

$50.1 ISK 6,074

-64.62%

Cinema Ticket

$6.68 R$33.88

$19.88 ISK 2,412

-66.40%

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

$187 R$950

$1,194 ISK 144.8K

-84.30%

International Primary School, 1 Child (Yearly)

$7,208 R$36.5K

$25.4K ISK 3.1M

-71.63%

Jeans (Levis 501 Or Similar)

$49.77 R$252

$149 ISK 18.1K

-66.60%

Summer Dress (H&M, Zara, etc)

$57.5 R$292

$66.6 ISK 8,080

-13.63%

Sport Shoes (Adidas, Nike)

$105 R$530

$180 ISK 21.8K

-41.89%

Men's Leather Business Shoes

$78.2 R$396

$253 ISK 30.7K

-69.13%

1-bedroom Apartment, City Center (Monthly)

$317 R$1,608

$2,549 ISK 309.2K

-87.55%

1-bedroom Apartment, Outside City Center (Monthly)

$230 R$1,166

$2,056 ISK 249.4K

-88.82%

3-bedroom Apartment, City Center (Monthly)

$806 R$4,083

$3,498 ISK 424.2K

-76.97%

3-bedroom Apartment, Outside City Center (Monthly)

$705 R$3,574

$2,764 ISK 335.2K

-74.49%

Buy Apartment in City Center (m2)

$1,995 R$10.1K

$8,120 ISK 984.9K

-75.43%

Buy Apartment Outside City Center (m2)

$1,816 R$9,203

$6,254 ISK 758.5K

-70.97%

Average Monthly Net Salary (After Tax)

$707 R$3,584

$4,573 ISK 554.6K

-84.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.5

8.81

30.53%

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

Last update for Passo Fundo: October 11, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Passo Fundo

$230 25.8%

Reykjavik

$2.1K 51.4% 794% $1.8K

Groceries & Markets

Passo Fundo

$199 22.4%

Reykjavik

$623 15.6% 213% $424

Clothing & Footwear

Passo Fundo

$131 14.7%

Reykjavik

$292 7.3% 124% $161

Eating Out

Passo Fundo

$120 13.4%

Reykjavik

$536 13.4% 348% $417

Monthly Utilities & Internet

Passo Fundo

$106 11.9%

Reykjavik

$215 5.4% 103% $109

Getting Around

Passo Fundo

$64 7.1%

Reykjavik

$138 3.5% 117% $74

Sport & Entertainment

Passo Fundo

$42 4.7%

Reykjavik

$142 3.5% 240% $100

Cost Breakdown

A one-bedroom apartment in the center runs $317 in Passo Fundo and $2,549 in Reykjavik. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 547% 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: $33.00 in Passo Fundo vs $122 in Reykjavik for a mid-range dinner for two. Groceries echo the gap at $199 vs $623 per month, with Passo Fundo cheaper across the board.

Good to know

🇧🇷 Passo Fundo

🇮🇸 Reykjavik

🕒 Local time

06:31 6:31 AM

09:31 9:31 AM

3 h ahead of Passo Fundo

🌤 Weather

👥 Population

206,215

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 18, 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 18, 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

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Highest

Between locations

Passo Fundo Reykjavik 10,610 km ≈ 14 h nonstop flight

From you

Passo Fundo
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

Passo Fundo vs Reykjavik: Cost of Living - Frequently Asked Questions

Passo Fundo is cheaper overall, especially in groceries, clothing, and eating out. The 349% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 547% 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: $317 in Passo Fundo versus $2,549 in Reykjavik. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Passo Fundo – a meal for two runs $33.00 versus $122 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $891 per month in Passo Fundo versus $4,002 in Reykjavik – a 349% gap that adds up to real savings over time for anyone picking the cheaper option.

At $891 in Passo Fundo versus $4,002 in Reykjavik, a $1,500 budget is realistic in Passo Fundo but tight or insufficient in Reykjavik. The gap between the two cities makes Passo Fundo the clear choice for anyone on this budget.

For families, Passo Fundo is more practical. Housing and childcare are both notably cheaper than in Reykjavik, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Passo Fundo 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 Passo Fundo gentler on the wallet – expenses run 349% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.