Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Ibitinga

For one person, living is cheaper in Ibitinga: $881 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 Ibitinga
Learn more

Ibitinga Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Ibitinga

🇧🇷 Brazil

$881

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Ibitinga

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

Monthly costs for one person with rent: $4,023 in Reykjavik versus $881 in Ibitinga.

Reykjavik $4,023
Ibitinga $881

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,387 in Ibitinga.

Reykjavik $5,708
Ibitinga $1,387

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $1,893 in Ibitinga.

Reykjavik $7,393
Ibitinga $1,893

Living in Reykjavik is roughly 357% more expensive than in Ibitinga, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$31.00 ISK 3,760

$6.06 R$30.74

411.55%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$19.96 R$101

517.23%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$8.94 R$45.32

204.36%

Cappuccino

$6.90 ISK 837

$1.95 R$9.88

253.85%

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

$3.30 ISK 401

$1.03 R$5.21

220.39%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.76 R$3.87

315.79%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$0.79 R$3.99

1651.90%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$1.85 R$9.37

573.51%

Milk (1 liter)

$2.06 ISK 250

$1.02 R$5.18

101.96%

White Bread (500g)

$4.11 ISK 498

$2.06 R$10.46

99.51%

Rice (white) (1kg)

$3.68 ISK 446

$1.32 R$6.70

178.79%

Eggs

$7.27 ISK 882

$2.57 R$13.05

182.88%

Local Cheese (1kg)

$21.79 ISK 2,643

$10.75 R$54.5

102.70%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$3.78 R$19.18

533.60%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$9.62 R$48.74

330.67%

Apples (1kg)

$3.42 ISK 414

$2.34 R$11.87

46.15%

Banana (1kg)

$2.84 ISK 344

$1.71 R$8.69

66.08%

Oranges (1kg)

$3.23 ISK 391

$1.55 R$7.84

108.39%

Tomato (1kg)

$6.46 ISK 783

$1.41 R$7.14

358.16%

Potato (1kg)

$4.05 ISK 491

$1.01 R$5.13

300.99%

Onion (1kg)

$1.66 ISK 202

$1.03 R$5.20

61.17%

Lettuce (1 head)

$3.86 ISK 468

$0.99 R$5.02

289.90%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.86 R$4.37

113.95%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.55 R$12.95

447.45%

Wine (Bottle)

$23.76 ISK 2,882

$4.90 R$24.83

384.90%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.53 R$7.76

131.37%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.01 R$10.20

71.14%

One-way Ticket (Public Transport)

$5.81 ISK 705

$1.04 R$5.25

458.65%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$43.68 R$221

118.25%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.17 R$5.91

474.36%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.72 R$3.63

290.28%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$8.50 R$43.07

856.94%

Gasoline (1 liter)

$2.12 ISK 257

$1.18 R$5.97

79.66%

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

$68.9K ISK 8.4M

$23.4K R$118.7K

194.50%

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

$55.8K ISK 6.8M

$32.5K R$164.5K

71.92%

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

$95.8 ISK 11.6K

$67.2 R$340

42.68%

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

$33.11 ISK 4,016

$14.81 R$75.1

123.57%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$16.24 R$82.4

436.64%

Gym Membership (Monthly)

$101 ISK 12.3K

$26.22 R$133

285.51%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$27.40 R$139

85.18%

Cinema Ticket

$19.85 ISK 2,407

$8.11 R$41.14

144.76%

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

$1,195 ISK 144.9K

$161 R$816

641.75%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$3,607 R$18.3K

626.98%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$64.9 R$329

128.37%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$56.5 R$287

18.08%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$90.5 R$459

106.07%

Men's Leather Business Shoes

$253 ISK 30.6K

$78.1 R$396

223.59%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$359 R$1,820

618.08%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$241 R$1,223

762.04%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$683 R$3,464

405.50%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$475 R$2,405

479.97%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,724 R$8,741

360.08%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$1,225 R$6,210

420.60%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$429 R$2,177

993.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.81

-18.50%

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

Last update for Reykjavik: October 20, 2026

Last update for Ibitinga: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Ibitinga

$241 27.4% 88.4% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Ibitinga

$203 23% 67.3% $417

Eating Out

Reykjavik

$532 13.2%

Ibitinga

$114 12.9% 78.7% $419

Clothing & Footwear

Reykjavik

$294 7.3%

Ibitinga

$131 14.8% 55.7% $164

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Ibitinga

$98 11.2% 54.5% $118

Sport & Entertainment

Reykjavik

$141 3.5%

Ibitinga

$42 4.8% 69.8% $98

Getting Around

Reykjavik

$139 3.5%

Ibitinga

$53 6% 62.3% $87

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $359 in Ibitinga. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 994% 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 $20.00 in Ibitinga for a mid-range dinner for two. Groceries echo the gap at $619 vs $203 per month, with Ibitinga cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Ibitinga

🕒 Local time

03:36 3:36 AM

00:36 12:36 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

60,033

💱 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 Ibitinga 9,830 km ≈ 13 h nonstop flight

From you

Reykjavik
Ibitinga

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 Ibitinga: Cost of Living - Frequently Asked Questions

Reykjavik and Ibitinga differ by about 357% in total monthly costs ($4,023 vs $881 including rent). Ibitinga is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 994% 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 $359 in Ibitinga. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $4,023 per month in Reykjavik versus $881 in Ibitinga – a 357% gap that adds up to real savings over time for anyone picking the cheaper option.

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

At $881 in Ibitinga versus $4,023 in Reykjavik, a $2,000 budget is realistic in Ibitinga but tight or insufficient in Reykjavik. The gap between the two cities makes Ibitinga the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Reykjavik and Ibitinga 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 Ibitinga gentler on the wallet – expenses run 357% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.