Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Florianopolis

For one person, living is cheaper in Florianopolis: $1,276 a month against $4,037 in Reykjavik, rent and utilities included – about $33,100 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
62

Cost of Living Index in Florianopolis
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Florianopolis Living Index

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Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Florianopolis

🇧🇷 Brazil

$1,276

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Florianopolis

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

Monthly costs for one person with rent: $4,037 in Reykjavik versus $1,276 in Florianopolis.

Reykjavik $4,037
Florianopolis $1,276

Estimated couple costs with rent: $5,666 in Reykjavik versus $2,070 in Florianopolis.

Reykjavik $5,666
Florianopolis $2,070

Monthly costs for a family of three with rent: $7,295 in Reykjavik versus $2,864 in Florianopolis.

Reykjavik $7,295
Florianopolis $2,864

Living in Reykjavik is roughly 216% more expensive than in Florianopolis, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 201% above, Florianopolis is 5% below.

Meal at Budget Restaurant

$30.59 ISK 3,730

$9.55 R$47.68

220.31%

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.5K

$45.58 R$228

197.30%

Fast Food Meal (McDonalds, etc)

$27.08 ISK 3,302

$7.95 R$39.69

240.63%

Cappuccino

$6.72 ISK 819

$2.40 R$11.98

180.00%

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

$3.27 ISK 399

$1.36 R$6.78

140.44%

Water (0.33 liter bottle)

$3.16 ISK 386

$1.08 R$5.40

192.59%

Local Beer (0.5 liter draught)

$13.91 ISK 1,696

$2.96 R$14.78

369.93%

Imported Beer (0.33 liter bottle)

$12.06 ISK 1,470

$3.50 R$17.48

244.57%

Milk (1 liter)

$2.04 ISK 248

$1.03 R$5.17

98.06%

White Bread (500g)

$4.32 ISK 527

$1.62 R$8.10

166.67%

Rice (white) (1kg)

$3.67 ISK 447

$1.27 R$6.34

188.98%

Eggs

$7.02 ISK 856

$2.63 R$13.14

166.92%

Local Cheese (1kg)

$22.01 ISK 2,684

$9.71 R$48.47

126.67%

Chicken Fillets (1kg)

$24.70 ISK 3,012

$4.16 R$20.75

493.75%

Beef Round Steak (1kg)

$42.66 ISK 5,202

$10.04 R$50.1

324.90%

Apples (1kg)

$3.37 ISK 412

$2.32 R$11.57

45.26%

Banana (1kg)

$2.85 ISK 347

$1.30 R$6.51

119.23%

Oranges (1kg)

$3.17 ISK 387

$1.48 R$7.38

114.19%

Tomato (1kg)

$6.39 ISK 779

$1.65 R$8.23

287.27%

Potato (1kg)

$4.01 ISK 489

$1.04 R$5.20

285.58%

Onion (1kg)

$1.64 ISK 200

$0.99 R$4.96

65.66%

Lettuce (1 head)

$3.80 ISK 463

$0.81 R$4.06

369.14%

Water (1.5 liter bottle)

$1.74 ISK 212

$0.70 R$3.52

148.57%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,682

$2.93 R$14.63

370.99%

Wine (Bottle)

$23.38 ISK 2,851

$10.14 R$50.6

130.57%

Local Beer (0.5 liter bottle)

$3.53 ISK 430

$1.47 R$7.35

140.14%

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

$2.90 R$14.47

18.97%

One-way Ticket (Public Transport)

$5.77 ISK 704

$1.35 R$6.75

327.41%

Public Transport Monthly Pass (Regular Price)

$95.1 ISK 11.6K

$81.9 R$409

16.18%

Taxi Start (Normal Tariff)

$6.63 ISK 808

$1.59 R$7.93

316.98%

Taxi (Normal Tariff) (1km)

$2.79 ISK 341

$1.63 R$8.15

71.17%

Taxi 1hour Waiting (Normal Tariff)

$81.4 ISK 9,923

$12.07 R$60.2

574.15%

Gasoline (1 liter)

$2.11 ISK 257

$1.31 R$6.56

61.07%

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

$50.8K ISK 6.2M

$24.1K R$120.3K

110.89%

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

$52.7K ISK 6.4M

$34.3K R$171.0K

53.96%

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

$88.7 ISK 10.8K

$85.5 R$427

3.70%

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

$31.53 ISK 3,845

$12.52 R$62.5

151.84%

Internet (50+ Mbps, Unlimited Data)

$84.6 ISK 10.3K

$22.21 R$111

281.09%

Gym Membership (Monthly)

$100 ISK 12.2K

$29.90 R$149

235.72%

Tennis Court (1 Hour on Weekend)

$48.20 ISK 5,877

$19.18 R$95.7

151.30%

Cinema Ticket

$19.87 ISK 2,424

$7.84 R$39.13

153.44%

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

$1,277 ISK 155.8K

$771 R$3,851

65.58%

International Primary School, 1 Child (Yearly)

$31.0K ISK 3.8M

$11.0K R$54.7K

182.21%

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

$65.4 R$327

145.81%

Summer Dress (H&M, Zara, etc)

$64.9 ISK 7,914

$69.8 R$349

-7.07%

Sport Shoes (Adidas, Nike)

$183 ISK 22.3K

$113 R$566

61.13%

Men's Leather Business Shoes

$254 ISK 31.0K

$68.9 R$344

268.58%

1-bedroom Apartment, City Center (Monthly)

$2,499 ISK 304.8K

$656 R$3,273

281.15%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 243.9K

$507 R$2,531

294.54%

3-bedroom Apartment, City Center (Monthly)

$3,452 ISK 421.0K

$1,362 R$6,796

153.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,742 ISK 334.4K

$1,061 R$5,297

158.45%

Buy Apartment in City Center (m2)

$8,001 ISK 975.7K

$2,805 R$14.0K

185.24%

Buy Apartment Outside City Center (m2)

$6,249 ISK 762.1K

$1,584 R$7,905

294.61%

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

$996 R$4,971

371.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.61

-16.97%

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

Last update for Reykjavik: October 4, 2026

Last update for Florianopolis: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2K 50.9%

Florianopolis

$507 39.6% 74.7% $1.5K

Groceries & Markets

Reykjavik

$625 15.9%

Florianopolis

$206 16.1% 67% $419

Eating Out

Reykjavik

$526 13.4%

Florianopolis

$161 12.6% 69.5% $365

Clothing & Footwear

Reykjavik

$298 7.6%

Florianopolis

$143 11.2% 52.1% $155

Monthly Utilities & Internet

Reykjavik

$205 5.2%

Florianopolis

$120 9.4% 41.3% $85

Sport & Entertainment

Reykjavik

$140 3.6%

Florianopolis

$46 3.6% 67.5% $95

Getting Around

Reykjavik

$139 3.5%

Florianopolis

$97 7.6% 30.1% $42

Cost Breakdown

A one-bedroom apartment in the center runs $2,499 in Reykjavik and $656 in Florianopolis. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 371% 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: $136 in Reykjavik vs $46.00 in Florianopolis for a mid-range dinner for two. Groceries echo the gap at $625 vs $206 per month, with Florianopolis cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Florianopolis

🕒 Local time

06:29 6:29 AM

03:29 3:29 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

537,211

💱 Currency

Icelandic Króna ISK kr

Brazilian Real BRL R$

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.31 EUR

1 BRL = 0.2 USD

1 BRL = 0.179 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 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

Brazilian Real exchange rates as of October 10, 2026: 1 USD = 4.99 BRL (1 BRL = 0.2 USD). 1 EUR = 5.6 BRL (1 BRL = 0.179 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik Florianopolis 10,460 km ≈ 14 h nonstop flight

From you

Reykjavik
Florianopolis

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 Florianopolis: Cost of Living - Frequently Asked Questions

Florianopolis wins on cost – living expenses run 216% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Florianopolis the obvious pick if budget is a priority.

Average pay runs 371% 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: $2,499 in Reykjavik versus $656 in Florianopolis. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Florianopolis – a meal for two runs $46.00 versus $136 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $4,037 per month in Reykjavik versus $1,276 in Florianopolis – a 216% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,276 in Florianopolis versus $4,037 in Reykjavik, a $1,000 budget is realistic in Florianopolis but tight or insufficient in Reykjavik. The gap between the two cities makes Florianopolis the clear choice for anyone on this budget.

Both work as nomad bases, but Florianopolis delivers better value – similar infrastructure at $1,276 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Florianopolis hard to pass up.

Safety-wise, Reykjavik and Florianopolis 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 Florianopolis gentler on the wallet – expenses run 216% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.