Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Barretos

For one person, living is cheaper in Barretos: $845 a month against $4,002 in Reykjavik, rent and utilities included – about $37,900 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
41

Cost of Living Index in Barretos
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Barretos Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Barretos

🇧🇷 Brazil

$845

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Barretos

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 Barretos actually costs, broken down by who's living it.

A single person spends $4,002 per month in Reykjavik vs $845 in Barretos, rent included.

Reykjavik $4,002
Barretos $845

A couple spends around $5,705 per month in Reykjavik vs $1,367 in Barretos, rent included.

Reykjavik $5,705
Barretos $1,367

A family of three spends $7,407 per month in Reykjavik vs $1,889 in Barretos, rent included.

Reykjavik $7,407
Barretos $1,889

Reykjavik costs about 373% more than Barretos, and outside of rent the biggest gap is in eating out.

Reykjavik sits 196% above the global median, while Barretos is 37% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,828

$7.01 R$35.52

350.21%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$23.95 R$121

410.86%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$6.09 R$30.86

341.05%

Cappuccino

$6.81 ISK 827

$1.57 R$7.98

333.76%

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

$3.39 ISK 411

$1.34 R$6.81

152.99%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.57 R$2.89

461.40%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$2.48 R$12.56

470.16%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$2.96 R$15.02

315.88%

Milk (1 liter)

$2.10 ISK 255

$1.03 R$5.22

103.88%

White Bread (500g)

$4.19 ISK 508

$2.07 R$10.52

102.42%

Rice (white) (1kg)

$3.72 ISK 451

$1.38 R$7.00

169.57%

Eggs

$7.05 ISK 856

$2.58 R$13.10

173.26%

Local Cheese (1kg)

$21.56 ISK 2,615

$10.95 R$55.5

96.89%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$4.92 R$24.93

401.63%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$10.63 R$53.9

296.90%

Apples (1kg)

$3.23 ISK 392

$2.41 R$12.21

34.02%

Banana (1kg)

$2.73 ISK 331

$1.72 R$8.74

58.72%

Oranges (1kg)

$3.17 ISK 384

$1.59 R$8.06

99.37%

Tomato (1kg)

$6.61 ISK 802

$1.40 R$7.12

372.14%

Potato (1kg)

$3.85 ISK 467

$1.30 R$6.60

196.15%

Onion (1kg)

$1.66 ISK 201

$1.20 R$6.10

38.33%

Lettuce (1 head)

$3.80 ISK 461

$0.94 R$4.77

304.26%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.83 R$4.19

110.84%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.48 R$12.56

452.82%

Wine (Bottle)

$24.21 ISK 2,937

$7.99 R$40.51

203.00%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.55 R$7.86

127.74%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.60 R$13.18

27.69%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.98 R$4.98

486.73%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$46.46 R$236

101.92%

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.19 R$6.02

455.46%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.76 R$3.87

281.58%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$8.64 R$43.80

816.20%

Gasoline (1 liter)

$2.09 ISK 253

$1.00 R$5.06

109.00%

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

$51.0K ISK 6.2M

$23.5K R$119.2K

117.01%

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

$53.3K ISK 6.5M

$31.9K R$161.9K

66.82%

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

$95.3 ISK 11.6K

$30.25 R$153

214.91%

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

$32.35 ISK 3,923

$6.04 R$30.62

435.60%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$15.91 R$80.7

450.22%

Gym Membership (Monthly)

$102 ISK 12.4K

$24.93 R$126

308.58%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

$28.30 R$143

76.96%

Cinema Ticket

$19.88 ISK 2,412

$8.01 R$40.60

148.19%

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

$1,194 ISK 144.8K

$435 R$2,206

174.38%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$11.1K R$56.2K

129.35%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$66.2 R$335

125.26%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$23.73 R$120

180.74%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$88.8 R$450

102.57%

Men's Leather Business Shoes

$253 ISK 30.7K

$69.8 R$354

263.07%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$343 R$1,739

643.18%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$245 R$1,242

739.31%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$715 R$3,625

389.06%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$492 R$2,494

461.70%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$1,620 R$8,215

401.08%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$1,235 R$6,259

406.47%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$569 R$2,883

704.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.81

-18.50%

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

Last update for Reykjavik: October 12, 2026

Last update for Barretos: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Barretos

$245 29% 88.1% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

Barretos

$221 26.1% 64.5% $402

Eating Out

Reykjavik

$536 13.4%

Barretos

$119 14.1% 77.8% $417

Clothing & Footwear

Reykjavik

$292 7.3%

Barretos

$112 13.2% 61.7% $180

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Barretos

$52 6.2% 75.7% $163

Sport & Entertainment

Reykjavik

$142 3.5%

Barretos

$41 4.8% 71.1% $101

Getting Around

Reykjavik

$138 3.5%

Barretos

$55 6.6% 59.8% $83

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $343 in Barretos. 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 704% 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 $122 in Reykjavik versus $24.00 in Barretos. Monthly groceries follow the same trend: $623 vs $221 – making Barretos the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Barretos

🕒 Local time

12:34 12:34 PM

09:34 9:34 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

122,485

💱 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

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Highest

Between locations

Reykjavik Barretos 9,690 km ≈ 13 h nonstop flight

From you

Reykjavik
Barretos

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 Barretos: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,002 in Reykjavik, $845 in Barretos – roughly 373% 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 $1,268 in Barretos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $122 in Reykjavik and $24.00 in Barretos. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $4,002 in Reykjavik and $845 in Barretos. That's a gap of about 373%.

A $2,000 monthly budget goes further in Barretos, where all-in costs run around $845, than in Reykjavik at $4,002. In Barretos 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 $845 in Barretos 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 Barretos. 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.