Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Anapolis

For one person, living is cheaper in Anapolis: $708 a month against $4,002 in Reykjavik, rent and utilities included – about $39,500 less a year. Rent and utilities account for most of the difference.

193

Cost of Living Index in Reykjavik
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Reykjavik Living Index
34

Cost of Living Index in Anapolis
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Anapolis Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Anapolis

🇧🇷 Brazil

$708

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Anapolis

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Reykjavik and in Anapolis actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,002 in Reykjavik versus $708 in Anapolis.

Reykjavik $4,002
Anapolis $708

Estimated couple costs with rent: $5,705 in Reykjavik versus $1,181 in Anapolis.

Reykjavik $5,705
Anapolis $1,181

Monthly costs for a family of three with rent: $7,407 in Reykjavik versus $1,655 in Anapolis.

Reykjavik $7,407
Anapolis $1,655

Living in Reykjavik is roughly 465% more expensive than in Anapolis, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 196% above, Anapolis is 48% below.

Meal at Budget Restaurant

$31.56 ISK 3,828

$6.15 R$31.18

413.17%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$39.37 R$200

210.77%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$8.45 R$42.84

217.87%

Cappuccino

$6.81 ISK 827

$2.73 R$13.85

149.45%

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

$3.39 ISK 411

$1.12 R$5.67

202.68%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.78 R$3.95

310.26%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$1.97 R$9.98

617.77%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$3.57 R$18.09

244.82%

Milk (1 liter)

$2.10 ISK 255

$1.07 R$5.40

96.26%

White Bread (500g)

$4.19 ISK 508

$1.96 R$9.92

113.78%

Rice (white) (1kg)

$3.72 ISK 451

$1.36 R$6.91

173.53%

Eggs

$7.05 ISK 856

$2.15 R$10.92

227.91%

Local Cheese (1kg)

$21.56 ISK 2,615

$9.28 R$47.03

132.33%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$4.02 R$20.40

513.93%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$7.30 R$37.00

477.95%

Apples (1kg)

$3.23 ISK 392

$2.06 R$10.42

56.80%

Banana (1kg)

$2.73 ISK 331

$1.09 R$5.53

150.46%

Oranges (1kg)

$3.17 ISK 384

$1.23 R$6.23

157.72%

Tomato (1kg)

$6.61 ISK 802

$1.13 R$5.72

484.96%

Potato (1kg)

$3.85 ISK 467

$1.18 R$6.01

226.27%

Onion (1kg)

$1.66 ISK 201

$1.02 R$5.15

62.75%

Lettuce (1 head)

$3.80 ISK 461

$0.73 R$3.69

420.55%

Water (1.5 liter bottle)

$1.75 ISK 212

$1.02 R$5.16

71.57%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$1.96 R$9.96

599.49%

Wine (Bottle)

$24.21 ISK 2,937

$5.86 R$29.72

313.14%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.30 R$6.60

171.54%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.43 R$12.33

36.63%

One-way Ticket (Public Transport)

$5.75 ISK 697

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.11 R$5.60

495.50%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.86 R$4.36

237.21%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$6.53 R$33.08

1112.25%

Gasoline (1 liter)

$2.09 ISK 253

$1.28 R$6.51

63.28%

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

$51.0K ISK 6.2M

$23.5K R$119.4K

116.65%

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

$53.3K ISK 6.5M

$33.4K R$169.2K

59.61%

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

$95.3 ISK 11.6K

$60.5 R$306

57.56%

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

$32.35 ISK 3,923

$9.95 R$50.4

225.13%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$19.93 R$101

339.24%

Gym Membership (Monthly)

$102 ISK 12.4K

$23.62 R$120

331.24%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$19.88 ISK 2,412

$5.98 R$30.33

232.44%

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

$1,194 ISK 144.8K

$821 R$4,160

45.51%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$17.4K R$88.4K

45.76%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$57.1 R$289

161.18%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$40.71 R$206

63.65%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$86.6 R$439

107.71%

Men's Leather Business Shoes

$253 ISK 30.7K

$40.39 R$205

526.99%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$244 R$1,239

942.64%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$158 R$802

1199.36%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$548 R$2,779

537.91%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$366 R$1,857

654.59%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$1,281 R$6,494

533.80%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$968 R$4,906

546.24%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$539 R$2,732

748.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

12.12

-27.31%

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

Last update for Reykjavik: October 12, 2026

Last update for Anapolis: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Anapolis

$158 22.4% 92.3% $1.9K

Groceries & Markets

Reykjavik

$623 15.6%

Anapolis

$185 26.2% 70.2% $437

Eating Out

Reykjavik

$536 13.4%

Anapolis

$132 18.6% 75.4% $405

Clothing & Footwear

Reykjavik

$292 7.3%

Anapolis

$101 14.3% 65.4% $191

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Anapolis

$90 12.8% 58% $125

Sport & Entertainment

Reykjavik

$142 3.5%

Anapolis

$36 5% 74.9% $106

Getting Around

Reykjavik

$138 3.5%

Anapolis

$5.4 * 0.8% 96.1% $133

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 $2,549 in Reykjavik and $244 in Anapolis. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 749% 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: $122 in Reykjavik vs $39.00 in Anapolis for a mid-range dinner for two. Groceries echo the gap at $623 vs $185 per month, with Anapolis cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Anapolis

🕒 Local time

04:01 4:01 AM

01:01 1:01 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

398,869

💱 Currency

Icelandic Króna ISK kr

Brazilian Real BRL R$

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

Exchange rates and currency converter

BRL, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 19, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Brazilian Real exchange rates as of October 19, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Reykjavik Anapolis 9,240 km ≈ 12 h nonstop flight

From you

Reykjavik
Anapolis

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

Reykjavik vs Anapolis: Cost of Living - Frequently Asked Questions

Anapolis wins on cost – living expenses run 465% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Anapolis the obvious pick if budget is a priority.

Average pay runs 749% higher in Reykjavik, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,549 in Reykjavik versus $244 in Anapolis. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 236% higher in Reykjavik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $4,002 per month in Reykjavik versus $708 in Anapolis – a 465% gap that adds up to real savings over time for anyone picking the cheaper option.

At $708 in Anapolis versus $4,002 in Reykjavik, a $1,000 budget is realistic in Anapolis but tight or insufficient in Reykjavik. The gap between the two cities makes Anapolis the clear choice for anyone on this budget.

Both work as nomad bases, but Anapolis delivers better value – similar infrastructure at $708 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Anapolis hard to pass up.

Safety-wise, Reykjavik and Anapolis 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 Anapolis gentler on the wallet – expenses run 465% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.