Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Foz do Iguaçu

For one person, living is cheaper in Foz do Iguaçu: $910 a month against $4,002 in Reykjavik, rent and utilities included – about $37,100 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
44

Cost of Living Index in Foz do Iguaçu
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Foz do Iguaçu Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Foz do Iguaçu

🇧🇷 Brazil

$910

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Foz do Iguaçu

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 Foz do Iguaçu actually costs, broken down by who's living it.

A single person spends $4,002 per month in Reykjavik vs $910 in Foz do Iguaçu, rent included.

Reykjavik $4,002
Foz do Iguaçu $910

A couple spends around $5,705 per month in Reykjavik vs $1,390 in Foz do Iguaçu, rent included.

Reykjavik $5,705
Foz do Iguaçu $1,390

A family of three spends $7,407 per month in Reykjavik vs $1,870 in Foz do Iguaçu, rent included.

Reykjavik $7,407
Foz do Iguaçu $1,870

Reykjavik costs about 340% more than Foz do Iguaçu, and outside of rent the biggest gap is in groceries.

Reykjavik sits 196% above the global median, while Foz do Iguaçu is 33% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,828

$6.08 R$30.80

419.08%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$40.68 R$206

200.76%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$7.11 R$36.04

277.78%

Cappuccino

$6.81 ISK 827

$1.90 R$9.65

258.42%

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

$3.39 ISK 411

$1.38 R$6.98

145.65%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.58 R$2.94

451.72%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$1.64 R$8.32

762.20%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$2.99 R$15.15

311.71%

Milk (1 liter)

$2.10 ISK 255

$0.95 R$4.81

121.05%

White Bread (500g)

$4.19 ISK 508

$1.51 R$7.64

177.48%

Rice (white) (1kg)

$3.72 ISK 451

$1.70 R$8.62

118.82%

Eggs

$7.05 ISK 856

$2.69 R$13.66

162.08%

Local Cheese (1kg)

$21.56 ISK 2,615

$8.04 R$40.74

168.16%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$4.11 R$20.85

500.49%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$8.43 R$42.72

400.47%

Apples (1kg)

$3.23 ISK 392

$2.15 R$10.90

50.23%

Banana (1kg)

$2.73 ISK 331

$1.19 R$6.02

129.41%

Oranges (1kg)

$3.17 ISK 384

$0.97 R$4.92

226.80%

Tomato (1kg)

$6.61 ISK 802

$1.17 R$5.91

464.96%

Potato (1kg)

$3.85 ISK 467

$0.97 R$4.94

296.91%

Onion (1kg)

$1.66 ISK 201

$1.09 R$5.51

52.29%

Lettuce (1 head)

$3.80 ISK 461

$0.88 R$4.47

331.82%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.88 R$4.47

98.86%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.95 R$14.94

364.75%

Wine (Bottle)

$24.21 ISK 2,937

$8.03 R$40.72

201.49%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.89 R$9.56

86.77%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.99 R$15.18

11.04%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.97 R$4.92

492.78%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$52.4 R$266

79.06%

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.02 R$5.16

548.04%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$1.44 R$7.28

101.39%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

Gasoline (1 liter)

$2.09 ISK 253

$1.24 R$6.30

68.55%

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

$51.0K ISK 6.2M

$20.3K R$103.1K

150.78%

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

$53.3K ISK 6.5M

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

$95.3 ISK 11.6K

$72.2 R$366

31.99%

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

$32.35 ISK 3,923

$19.15 R$97.1

68.93%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$20.40 R$103

329.12%

Gym Membership (Monthly)

$102 ISK 12.4K

$19.97 R$101

410.07%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

$5.98 R$30.33

737.46%

Cinema Ticket

$19.88 ISK 2,412

$9.29 R$47.09

113.99%

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

$1,194 ISK 144.8K

$242 R$1,227

393.46%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$47.64 R$242

212.83%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$17.75 R$90.0

275.32%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$50.3 R$255

257.40%

Men's Leather Business Shoes

$253 ISK 30.7K

$39.21 R$199

545.86%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$377 R$1,912

575.92%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$320 R$1,622

542.73%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$711 R$3,603

392.10%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$508 R$2,573

444.48%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$1,279 R$6,485

534.74%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$897 R$4,547

597.26%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$397 R$2,015

1050.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

8.16

7.97%

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

Last update for Reykjavik: October 12, 2026

Last update for Foz do Iguaçu: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Foz do Iguaçu

$320 35.2% 84.4% $1.7K

Groceries & Markets

Reykjavik

$623 15.6%

Foz do Iguaçu

$190 20.9% 69.4% $432

Eating Out

Reykjavik

$536 13.4%

Foz do Iguaçu

$115 12.6% 78.6% $422

Clothing & Footwear

Reykjavik

$292 7.3%

Foz do Iguaçu

$70 7.7% 76.1% $222

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Foz do Iguaçu

$112 12.3% 48.1% $103

Sport & Entertainment

Reykjavik

$142 3.5%

Foz do Iguaçu

$39 4.2% 72.8% $103

Getting Around

Reykjavik

$138 3.5%

Foz do Iguaçu

$64 7.1% 53.3% $73

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $377 in Foz do Iguaçu. 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 1051% 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 $41.00 in Foz do Iguaçu. Monthly groceries follow the same trend: $623 vs $190 – making Foz do Iguaçu the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Foz do Iguaçu

🕒 Local time

01:32 1:32 AM

22:32 10:32 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

285,415

💱 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 19, 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 19, 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 Foz do Iguaçu 10,370 km ≈ 13 h nonstop flight

From you

Reykjavik
Foz do Iguaçu

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 Foz do Iguaçu: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,002 in Reykjavik, $910 in Foz do Iguaçu – roughly 340% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $1,364 in Foz do Iguaçu. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $1,194 per month in Reykjavik and $242 in Foz do Iguaçu. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 227% 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 Foz do Iguaçu, where all-in costs run around $910, than in Reykjavik at $4,002. In Foz do Iguaçu 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 $910 in Foz do Iguaçu 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 Foz do Iguaçu. 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.