Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Cachoeirinha

For one person, living is cheaper in Cachoeirinha: $877 a month against $4,023 in Reykjavik, rent and utilities included – about $37,800 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
43

Cost of Living Index in Cachoeirinha
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Cachoeirinha Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Cachoeirinha

🇧🇷 Brazil

$877

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Cachoeirinha

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

A single person spends $4,023 per month in Reykjavik vs $877 in Cachoeirinha, rent included.

Reykjavik $4,023
Cachoeirinha $877

A couple spends around $5,708 per month in Reykjavik vs $1,376 in Cachoeirinha, rent included.

Reykjavik $5,708
Cachoeirinha $1,376

A family of three spends $7,393 per month in Reykjavik vs $1,876 in Cachoeirinha, rent included.

Reykjavik $7,393
Cachoeirinha $1,876

Reykjavik costs about 359% more than Cachoeirinha, and outside of rent the biggest gap is in eating out.

Reykjavik sits 197% above the global median, while Cachoeirinha is 35% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.00 ISK 3,760

$4.54 R$23.00

582.82%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$20.23 R$103

509.00%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$4.37 R$22.15

522.65%

Cappuccino

$6.90 ISK 837

$2.06 R$10.43

234.95%

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

$3.30 ISK 401

$0.63 R$3.19

423.81%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.44 R$2.22

618.18%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$1.85 R$9.38

648.11%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$2.94 R$14.89

323.81%

Milk (1 liter)

$2.06 ISK 250

$0.99 R$5.02

108.08%

White Bread (500g)

$4.11 ISK 498

$1.68 R$8.52

144.64%

Rice (white) (1kg)

$3.68 ISK 446

$1.10 R$5.55

234.55%

Eggs

$7.27 ISK 882

$2.49 R$12.63

191.97%

Local Cheese (1kg)

$21.79 ISK 2,643

$10.15 R$51.4

114.68%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$4.97 R$25.22

381.89%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$10.00 R$50.7

314.30%

Apples (1kg)

$3.42 ISK 414

$2.39 R$12.12

43.10%

Banana (1kg)

$2.84 ISK 344

$1.50 R$7.60

89.33%

Oranges (1kg)

$3.23 ISK 391

$1.37 R$6.96

135.77%

Tomato (1kg)

$6.46 ISK 783

$1.68 R$8.52

284.52%

Potato (1kg)

$4.05 ISK 491

$1.21 R$6.14

234.71%

Onion (1kg)

$1.66 ISK 202

$1.08 R$5.49

53.70%

Lettuce (1 head)

$3.86 ISK 468

$0.94 R$4.74

310.64%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.82 R$4.16

124.39%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.51 R$12.73

456.18%

Wine (Bottle)

$23.76 ISK 2,882

$7.85 R$39.79

202.68%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.18 R$5.99

200.00%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.20 R$11.14

56.36%

One-way Ticket (Public Transport)

$5.81 ISK 705

$1.01 R$5.11

475.25%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$43.44 R$220

119.45%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.28 R$6.51

425.00%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.82 R$4.14

242.68%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$8.26 R$41.90

884.75%

Gasoline (1 liter)

$2.12 ISK 257

$1.34 R$6.78

58.21%

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

$68.9K ISK 8.4M

$23.6K R$119.5K

192.54%

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

$55.8K ISK 6.8M

$34.3K R$173.7K

62.81%

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

$95.8 ISK 11.6K

$76.5 R$388

25.32%

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

$33.11 ISK 4,016

$12.62 R$64.0

162.36%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$21.74 R$110

300.87%

Gym Membership (Monthly)

$101 ISK 12.3K

$26.41 R$134

282.73%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$27.65 R$140

83.51%

Cinema Ticket

$19.85 ISK 2,407

$7.53 R$38.16

163.61%

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

$1,195 ISK 144.9K

$275 R$1,392

335.06%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$7,175 R$36.4K

265.47%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$50.8 R$257

192.08%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$59.4 R$301

12.34%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$102 R$519

82.33%

Men's Leather Business Shoes

$253 ISK 30.6K

$80.6 R$409

213.44%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$357 R$1,809

622.51%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$240 R$1,217

766.56%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$663 R$3,359

421.37%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$475 R$2,406

479.82%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,714 R$8,690

362.79%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$1,202 R$6,092

430.63%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$631 R$3,199

644.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

11.5

-23.39%

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

Last update for Reykjavik: October 20, 2026

Last update for Cachoeirinha: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Cachoeirinha

$240 27.4% 88.5% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Cachoeirinha

$207 23.6% 66.6% $413

Eating Out

Reykjavik

$532 13.2%

Cachoeirinha

$93 10.7% 82.4% $439

Clothing & Footwear

Reykjavik

$294 7.3%

Cachoeirinha

$132 15% 55.2% $162

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Cachoeirinha

$111 12.6% 48.7% $105

Sport & Entertainment

Reykjavik

$141 3.5%

Cachoeirinha

$41 4.7% 70.5% $99

Getting Around

Reykjavik

$139 3.5%

Cachoeirinha

$53 6% 62.1% $87

Cost Breakdown

A central one-bedroom costs $2,579 in Reykjavik versus $357 in Cachoeirinha. 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 644% 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 $123 in Reykjavik versus $20.00 in Cachoeirinha. Monthly groceries follow the same trend: $619 vs $207 – making Cachoeirinha the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Cachoeirinha

🕒 Local time

21:01 9:01 PM

18:01 6:01 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

136,258

💱 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 21, 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 21, 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 Cachoeirinha 10,770 km ≈ 14 h nonstop flight

From you

Reykjavik
Cachoeirinha

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 Cachoeirinha: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,023 in Reykjavik, $877 in Cachoeirinha – roughly 359% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $6,034 per month in Reykjavik and $1,316 in Cachoeirinha. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $1,195 per month in Reykjavik and $275 in Cachoeirinha. For families with young kids, this one expense can tip the scales when choosing between the 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 $2,000 monthly budget goes further in Cachoeirinha, where all-in costs run around $877, than in Reykjavik at $4,023. In Cachoeirinha 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 $877 in Cachoeirinha to $4,023 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 Cachoeirinha. 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.