Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Ferraz de Vasconcelos

For one person, living is cheaper in Ferraz de Vasconcelos: $868 a month against $4,023 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
42

Cost of Living Index in Ferraz de Vasconcelos
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Ferraz de Vasconcelos Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Ferraz de Vasconcelos

🇧🇷 Brazil

$868

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Ferraz de Vasconcelos

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 Ferraz de Vasconcelos actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,023 in Reykjavik versus $868 in Ferraz de Vasconcelos.

Reykjavik $4,023
Ferraz de Vasconcelos $868

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,386 in Ferraz de Vasconcelos.

Reykjavik $5,708
Ferraz de Vasconcelos $1,386

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $1,905 in Ferraz de Vasconcelos.

Reykjavik $7,393
Ferraz de Vasconcelos $1,905

Living in Reykjavik is roughly 363% more expensive than in Ferraz de Vasconcelos, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 197% above, Ferraz de Vasconcelos is 36% below.

Meal at Budget Restaurant

$31.00 ISK 3,760

$5.70 R$28.90

443.86%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$31.26 R$158

294.11%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$6.77 R$34.33

301.92%

Cappuccino

$6.90 ISK 837

$2.26 R$11.44

205.31%

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

$3.30 ISK 401

$1.43 R$7.26

130.77%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.88 R$4.46

259.09%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$2.12 R$10.74

552.83%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$3.05 R$15.47

308.52%

Milk (1 liter)

$2.06 ISK 250

$1.01 R$5.12

103.96%

White Bread (500g)

$4.11 ISK 498

$1.71 R$8.68

140.35%

Rice (white) (1kg)

$3.68 ISK 446

$1.20 R$6.08

206.67%

Eggs

$7.27 ISK 882

$2.18 R$11.03

233.49%

Local Cheese (1kg)

$21.79 ISK 2,643

$9.00 R$45.65

142.11%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$4.31 R$21.87

455.68%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$8.46 R$42.91

389.72%

Apples (1kg)

$3.42 ISK 414

$2.20 R$11.14

55.45%

Banana (1kg)

$2.84 ISK 344

$1.30 R$6.59

118.46%

Oranges (1kg)

$3.23 ISK 391

$1.13 R$5.75

185.84%

Tomato (1kg)

$6.46 ISK 783

$1.56 R$7.89

314.10%

Potato (1kg)

$4.05 ISK 491

$1.23 R$6.25

229.27%

Onion (1kg)

$1.66 ISK 202

$1.18 R$6.01

40.68%

Lettuce (1 head)

$3.86 ISK 468

$0.77 R$3.92

401.30%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.78 R$3.95

135.90%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.42 R$12.27

476.86%

Wine (Bottle)

$23.76 ISK 2,882

$8.02 R$40.68

196.26%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.20 R$6.10

195.00%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.21 R$11.20

55.66%

One-way Ticket (Public Transport)

$5.81 ISK 705

$1.02 R$5.17

469.61%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$43.35 R$220

119.91%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.26 R$6.41

433.33%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.86 R$4.37

226.74%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$7.83 R$39.69

938.83%

Gasoline (1 liter)

$2.12 ISK 257

$1.26 R$6.39

68.25%

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

$68.9K ISK 8.4M

$25.1K R$127.5K

174.14%

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

$55.8K ISK 6.8M

$29.1K R$147.6K

91.69%

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

$95.8 ISK 11.6K

$76.4 R$387

25.39%

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

$33.11 ISK 4,016

$12.31 R$62.4

168.97%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$21.06 R$107

313.82%

Gym Membership (Monthly)

$101 ISK 12.3K

$25.67 R$130

293.77%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$27.02 R$137

87.79%

Cinema Ticket

$19.85 ISK 2,407

$7.12 R$36.09

178.79%

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

$1,195 ISK 144.9K

$299 R$1,517

299.17%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$7,272 R$36.9K

260.61%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$55.9 R$283

165.27%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$49.91 R$253

33.74%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$89.6 R$454

108.31%

Men's Leather Business Shoes

$253 ISK 30.6K

$69.0 R$350

266.29%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$355 R$1,798

627.18%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$237 R$1,199

779.31%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$655 R$3,321

427.36%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$475 R$2,407

479.59%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,674 R$8,485

373.95%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$1,154 R$5,850

452.61%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$301 R$1,525

1460.31%

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 Ferraz de Vasconcelos: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Ferraz de Vasconcelos

$237 27.3% 88.6% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Ferraz de Vasconcelos

$191 22% 69.2% $429

Eating Out

Reykjavik

$532 13.2%

Ferraz de Vasconcelos

$119 13.7% 77.7% $413

Clothing & Footwear

Reykjavik

$294 7.3%

Ferraz de Vasconcelos

$119 13.7% 59.6% $175

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Ferraz de Vasconcelos

$110 12.7% 49.2% $106

Sport & Entertainment

Reykjavik

$141 3.5%

Ferraz de Vasconcelos

$40 4.6% 71.7% $101

Getting Around

Reykjavik

$139 3.5%

Ferraz de Vasconcelos

$53 6.1% 62% $86

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $355 in Ferraz de Vasconcelos. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 1460% 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: $123 in Reykjavik vs $31.00 in Ferraz de Vasconcelos for a mid-range dinner for two. Groceries echo the gap at $619 vs $191 per month, with Ferraz de Vasconcelos cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Ferraz de Vasconcelos

🕒 Local time

09:30 9:30 AM

06:30 6:30 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

179,198

💱 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

Lowest

Highest

Between locations

Reykjavik Ferraz de Vasconcelos 9,980 km ≈ 13 h nonstop flight

From you

Reykjavik
Ferraz de Vasconcelos

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 Ferraz de Vasconcelos: Cost of Living - Frequently Asked Questions

Ferraz de Vasconcelos wins on cost – living expenses run 363% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Ferraz de Vasconcelos the obvious pick if budget is a priority.

Average pay runs 1460% 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: $2,579 in Reykjavik versus $355 in Ferraz de Vasconcelos. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Ferraz de Vasconcelos runs roughly 120% 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 $299 in Ferraz de Vasconcelos. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $868 in Ferraz de Vasconcelos versus $4,023 in Reykjavik, a $1,000 budget is realistic in Ferraz de Vasconcelos but tight or insufficient in Reykjavik. The gap between the two cities makes Ferraz de Vasconcelos the clear choice for anyone on this budget.

Both work as nomad bases, but Ferraz de Vasconcelos delivers better value – similar infrastructure at $868 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ferraz de Vasconcelos hard to pass up.

Safety-wise, Reykjavik and Ferraz de Vasconcelos 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 Ferraz de Vasconcelos gentler on the wallet – expenses run 363% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.