Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Armacao dos Buzios

For one person, living is cheaper in Armacao dos Buzios: $920 a month against $4,002 in Reykjavik, rent and utilities included – about $37,000 less a year. Rent and utilities account for most of the difference.

193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index
45

Cost of Living Index in Armacao dos Buzios
Learn more

Armacao dos Buzios Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Armacao dos Buzios

🇧🇷 Brazil

$920

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Armacao dos Buzios

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 Armacao dos Buzios actually costs, broken down by who's living it.

A single person spends $4,002 per month in Reykjavik vs $920 in Armacao dos Buzios, rent included.

Reykjavik $4,002
Armacao dos Buzios $920

A couple spends around $5,705 per month in Reykjavik vs $1,406 in Armacao dos Buzios, rent included.

Reykjavik $5,705
Armacao dos Buzios $1,406

A family of three spends $7,407 per month in Reykjavik vs $1,892 in Armacao dos Buzios, rent included.

Reykjavik $7,407
Armacao dos Buzios $1,892

Reykjavik costs about 335% more than Armacao dos Buzios, and outside of rent the biggest gap is in eating out.

Reykjavik sits 196% above the global median, while Armacao dos Buzios is 32% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,828

$6.17 R$31.30

411.51%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$19.69 R$99.8

521.38%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$5.92 R$30.03

353.72%

Cappuccino

$6.81 ISK 827

$1.66 R$8.42

310.24%

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

$3.39 ISK 411

$1.02 R$5.16

232.35%

Water (0.33 liter bottle)

$3.20 ISK 388

$1.01 R$5.13

216.83%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$1.18 R$5.99

1098.31%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$2.36 R$11.94

421.61%

Milk (1 liter)

$2.10 ISK 255

$0.97 R$4.93

116.49%

White Bread (500g)

$4.19 ISK 508

$2.14 R$10.86

95.79%

Rice (white) (1kg)

$3.72 ISK 451

$1.08 R$5.47

244.44%

Eggs

$7.05 ISK 856

$1.65 R$8.34

327.27%

Local Cheese (1kg)

$21.56 ISK 2,615

$10.97 R$55.6

96.54%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$4.35 R$22.06

467.36%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$9.65 R$48.91

337.20%

Apples (1kg)

$3.23 ISK 392

$2.82 R$14.29

14.54%

Banana (1kg)

$2.73 ISK 331

$1.79 R$9.06

52.51%

Oranges (1kg)

$3.17 ISK 384

$1.60 R$8.12

98.12%

Tomato (1kg)

$6.61 ISK 802

$1.82 R$9.22

263.19%

Potato (1kg)

$3.85 ISK 467

$0.82 R$4.17

369.51%

Onion (1kg)

$1.66 ISK 201

$1.07 R$5.42

55.14%

Lettuce (1 head)

$3.80 ISK 461

$0.75 R$3.82

406.67%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.65 R$3.30

169.23%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.94 R$14.92

366.33%

Wine (Bottle)

$24.21 ISK 2,937

$7.80 R$39.55

210.38%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.18 R$5.98

199.15%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.41 R$12.20

37.76%

One-way Ticket (Public Transport)

$5.75 ISK 697

$1.00 R$5.08

475.00%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$44.93 R$228

108.79%

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.22 R$6.17

441.80%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.87 R$4.40

233.33%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$9.48 R$48.05

735.02%

Gasoline (1 liter)

$2.09 ISK 253

$1.22 R$6.20

71.31%

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

$51.0K ISK 6.2M

$23.7K R$119.9K

115.67%

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

$53.3K ISK 6.5M

$32.5K R$164.8K

63.90%

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

$95.3 ISK 11.6K

$133 R$673

-28.21%

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

$32.35 ISK 3,923

$10.71 R$54.3

202.05%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$22.69 R$115

285.81%

Gym Membership (Monthly)

$102 ISK 12.4K

$25.98 R$132

292.07%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

$28.94 R$147

73.05%

Cinema Ticket

$19.88 ISK 2,412

$7.90 R$40.03

151.65%

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

$1,194 ISK 144.8K

$610 R$3,094

95.61%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$13.3K R$67.7K

90.33%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$42.66 R$216

249.34%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$50.1 R$254

32.97%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$73.7 R$374

144.14%

Men's Leather Business Shoes

$253 ISK 30.7K

$67.7 R$343

273.84%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$350 R$1,776

627.61%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$238 R$1,208

762.55%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$669 R$3,392

422.73%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$466 R$2,363

492.94%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$1,805 R$9,151

349.83%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$1,365 R$6,918

358.23%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

11.93

-26.15%

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

Last update for Reykjavik: October 12, 2026

Last update for Armacao dos Buzios: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Armacao dos Buzios

$238 25.9% 88.4% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

Armacao dos Buzios

$208 22.6% 66.6% $415

Eating Out

Reykjavik

$536 13.4%

Armacao dos Buzios

$106 11.5% 80.3% $431

Clothing & Footwear

Reykjavik

$292 7.3%

Armacao dos Buzios

$105 11.5% 63.9% $187

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Armacao dos Buzios

$166 18.1% 22.8% $49

Sport & Entertainment

Reykjavik

$142 3.5%

Armacao dos Buzios

$42 4.5% 70.5% $100

Getting Around

Reykjavik

$138 3.5%

Armacao dos Buzios

$55 5.9% 60.5% $83

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $350 in Armacao dos Buzios. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $122 in Reykjavik versus $20.00 in Armacao dos Buzios. Monthly groceries follow the same trend: $623 vs $208 – making Armacao dos Buzios the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Armacao dos Buzios

🕒 Local time

12:03 12:03 PM

09:03 9:03 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

40,006

💱 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 18, 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 18, 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

Lowest

Highest

Between locations

Reykjavik Armacao dos Buzios 9,820 km ≈ 13 h nonstop flight

From you

Reykjavik
Armacao dos Buzios

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 Armacao dos Buzios: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,002 in Reykjavik, $920 in Armacao dos Buzios – roughly 335% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $1,380 in Armacao dos Buzios. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 200% 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 mid-range dinner for two costs $122 in Reykjavik and $20.00 in Armacao dos Buzios. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Armacao dos Buzios, where all-in costs run around $920, than in Reykjavik at $4,002. In Armacao dos Buzios it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

It depends on your priorities. Reykjavik has an edge in some lifestyle areas, with costs from $920 in Armacao dos Buzios to $4,002 in Reykjavik. Climate, culture, job market, and personal taste all factor in.

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 Armacao dos Buzios. 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.