Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Crato

For one person, living is cheaper in Crato: $879 a month against $4,023 in Reykjavik, rent and utilities included – about $37,700 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 Crato
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Crato Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Crato

🇧🇷 Brazil

$879

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Crato

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

Monthly costs for one person with rent: $4,023 in Reykjavik versus $879 in Crato.

Reykjavik $4,023
Crato $879

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,403 in Crato.

Reykjavik $5,708
Crato $1,403

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $1,926 in Crato.

Reykjavik $7,393
Crato $1,926

Living in Reykjavik is roughly 358% more expensive than in Crato, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 197% above, Crato is 35% below.

Meal at Budget Restaurant

$31.00 ISK 3,760

$5.99 R$30.38

417.53%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$31.52 R$160

290.86%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$7.84 R$39.77

247.07%

Cappuccino

$6.90 ISK 837

$2.01 R$10.21

243.28%

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

$3.30 ISK 401

$1.32 R$6.71

150.00%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.77 R$3.93

310.39%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$2.03 R$10.29

581.77%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$2.98 R$15.13

318.12%

Milk (1 liter)

$2.06 ISK 250

$1.02 R$5.15

101.96%

White Bread (500g)

$4.11 ISK 498

$1.69 R$8.55

143.20%

Rice (white) (1kg)

$3.68 ISK 446

$1.29 R$6.52

185.27%

Eggs

$7.27 ISK 882

$2.26 R$11.45

221.68%

Local Cheese (1kg)

$21.79 ISK 2,643

$9.37 R$47.49

132.55%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$4.31 R$21.84

455.68%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$8.66 R$43.90

378.41%

Apples (1kg)

$3.42 ISK 414

$2.24 R$11.37

52.68%

Banana (1kg)

$2.84 ISK 344

$1.31 R$6.65

116.79%

Oranges (1kg)

$3.23 ISK 391

$1.18 R$5.97

173.73%

Tomato (1kg)

$6.46 ISK 783

$1.59 R$8.05

306.29%

Potato (1kg)

$4.05 ISK 491

$1.22 R$6.21

231.97%

Onion (1kg)

$1.66 ISK 202

$1.08 R$5.49

53.70%

Lettuce (1 head)

$3.86 ISK 468

$0.83 R$4.22

365.06%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.82 R$4.13

124.39%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.57 R$13.04

443.19%

Wine (Bottle)

$23.76 ISK 2,882

$8.10 R$41.06

193.33%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.33 R$6.72

166.17%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.11 R$10.72

63.03%

One-way Ticket (Public Transport)

$5.81 ISK 705

$1.04 R$5.27

458.65%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$43.73 R$222

118.00%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.28 R$6.48

425.00%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.92 R$4.67

205.43%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$8.22 R$41.69

889.54%

Gasoline (1 liter)

$2.12 ISK 257

$1.31 R$6.62

61.83%

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

$68.9K ISK 8.4M

$23.4K R$118.7K

194.39%

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

$55.8K ISK 6.8M

$32.7K R$165.6K

70.78%

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

$95.8 ISK 11.6K

$76.8 R$389

24.74%

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

$33.11 ISK 4,016

$12.21 R$61.9

171.17%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$20.74 R$105

320.20%

Gym Membership (Monthly)

$101 ISK 12.3K

$26.10 R$132

287.28%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$27.93 R$142

81.67%

Cinema Ticket

$19.85 ISK 2,407

$7.45 R$37.76

166.44%

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

$1,195 ISK 144.9K

$280 R$1,420

326.36%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$7,310 R$37.1K

258.71%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$56.6 R$287

161.90%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$50.9 R$258

31.24%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$88.6 R$449

110.68%

Men's Leather Business Shoes

$253 ISK 30.6K

$72.6 R$368

247.78%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$354 R$1,794

628.80%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$239 R$1,210

771.53%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$677 R$3,430

410.57%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$476 R$2,411

478.59%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,689 R$8,565

369.56%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$1,182 R$5,991

439.58%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

-19.91%

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

Last update for Reykjavik: October 20, 2026

Last update for Crato: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Crato

$239 27.2% 88.5% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Crato

$195 22.1% 68.6% $425

Eating Out

Reykjavik

$532 13.2%

Crato

$120 13.7% 77.4% $412

Clothing & Footwear

Reykjavik

$294 7.3%

Crato

$121 13.8% 58.9% $173

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Crato

$110 12.5% 49.2% $106

Sport & Entertainment

Reykjavik

$141 3.5%

Crato

$41 4.7% 70.9% $100

Getting Around

Reykjavik

$139 3.5%

Crato

$54 6.1% 61.4% $86

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $354 in Crato. Housing cost is often the main lever when comparing two cities.

Dining out: $123 in Reykjavik vs $32.00 in Crato for a mid-range dinner for two. Groceries echo the gap at $619 vs $195 per month, with Crato cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Crato

🕒 Local time

19:26 7:26 PM

16:26 4:26 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

131,050

💱 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 22, 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 22, 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 Crato 8,070 km ≈ 11 h nonstop flight

From you

Reykjavik
Crato

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 Crato: Cost of Living - Frequently Asked Questions

Crato wins on cost – living expenses run 358% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Crato the obvious pick if budget is a priority.

You'd need roughly $6,034 in Reykjavik and $1,318 in Crato to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $2,579 in Reykjavik versus $354 in Crato. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Crato runs roughly 118% less than in Reykjavik. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,195 in Reykjavik versus $280 in Crato. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $879 in Crato versus $4,023 in Reykjavik, a $1,000 budget is realistic in Crato but tight or insufficient in Reykjavik. The gap between the two cities makes Crato the clear choice for anyone on this budget.

Both work as nomad bases, but Crato delivers better value – similar infrastructure at $879 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Crato hard to pass up.

Safety-wise, Reykjavik and Crato 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 Crato gentler on the wallet – expenses run 358% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.