Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Ilheus

For one person, living is cheaper in Ilheus: $839 a month against $4,037 in Reykjavik, rent and utilities included – about $38,400 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
41

Cost of Living Index in Ilheus
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Ilheus Living Index

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Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Ilheus

🇧🇷 Brazil

$839

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Ilheus

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

A single person spends $4,037 per month in Reykjavik vs $839 in Ilheus, rent included.

Reykjavik $4,037
Ilheus $839

A couple spends around $5,666 per month in Reykjavik vs $1,360 in Ilheus, rent included.

Reykjavik $5,666
Ilheus $1,360

A family of three spends $7,295 per month in Reykjavik vs $1,882 in Ilheus, rent included.

Reykjavik $7,295
Ilheus $1,882

Reykjavik costs about 381% more than Ilheus, and outside of rent the biggest gap is in eating out.

Reykjavik sits 201% above the global median, while Ilheus is 37% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$30.59 ISK 3,730

$4.39 R$21.94

596.81%

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.5K

$31.59 R$158

328.96%

Fast Food Meal (McDonalds, etc)

$27.08 ISK 3,302

$7.73 R$38.60

250.32%

Cappuccino

$6.72 ISK 819

$2.06 R$10.30

226.21%

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

$3.27 ISK 399

$1.16 R$5.79

181.90%

Water (0.33 liter bottle)

$3.16 ISK 386

$0.85 R$4.23

271.76%

Local Beer (0.5 liter draught)

$13.91 ISK 1,696

$1.99 R$9.91

598.99%

Imported Beer (0.33 liter bottle)

$12.06 ISK 1,470

$2.61 R$13.02

362.07%

Milk (1 liter)

$2.04 ISK 248

$1.07 R$5.33

90.65%

White Bread (500g)

$4.32 ISK 527

$1.68 R$8.37

157.14%

Rice (white) (1kg)

$3.67 ISK 447

$1.23 R$6.15

198.37%

Eggs

$7.02 ISK 856

$2.25 R$11.22

212.00%

Local Cheese (1kg)

$22.01 ISK 2,684

$18.89 R$94.3

16.52%

Chicken Fillets (1kg)

$24.70 ISK 3,012

$4.30 R$21.46

474.42%

Beef Round Steak (1kg)

$42.66 ISK 5,202

$7.78 R$38.86

448.33%

Apples (1kg)

$3.37 ISK 412

$2.13 R$10.66

58.22%

Banana (1kg)

$2.85 ISK 347

$1.33 R$6.62

114.29%

Oranges (1kg)

$3.17 ISK 387

$1.23 R$6.16

157.72%

Tomato (1kg)

$6.39 ISK 779

$1.61 R$8.04

296.89%

Potato (1kg)

$4.01 ISK 489

$1.26 R$6.30

218.25%

Onion (1kg)

$1.64 ISK 200

$1.07 R$5.36

53.27%

Lettuce (1 head)

$3.80 ISK 463

$0.83 R$4.12

357.83%

Water (1.5 liter bottle)

$1.74 ISK 212

$0.81 R$4.03

114.81%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,682

$2.48 R$12.39

456.45%

Wine (Bottle)

$23.38 ISK 2,851

$7.30 R$36.43

220.27%

Local Beer (0.5 liter bottle)

$3.53 ISK 430

$1.43 R$7.15

146.85%

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

$1.84 R$9.17

87.50%

One-way Ticket (Public Transport)

$5.77 ISK 704

$1.04 R$5.17

454.81%

Public Transport Monthly Pass (Regular Price)

$95.1 ISK 11.6K

$45.84 R$229

107.55%

Taxi Start (Normal Tariff)

$6.63 ISK 808

$1.39 R$6.95

376.98%

Taxi (Normal Tariff) (1km)

$2.79 ISK 341

$0.82 R$4.12

240.24%

Taxi 1hour Waiting (Normal Tariff)

$81.4 ISK 9,923

$7.87 R$39.30

933.93%

Gasoline (1 liter)

$2.11 ISK 257

$1.16 R$5.77

81.90%

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

$50.8K ISK 6.2M

$20.4K R$101.8K

149.20%

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

$52.7K ISK 6.4M

$29.3K R$146.3K

79.94%

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

$88.7 ISK 10.8K

$76.1 R$380

16.46%

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

$31.53 ISK 3,845

$12.11 R$60.5

160.36%

Internet (50+ Mbps, Unlimited Data)

$84.6 ISK 10.3K

$20.73 R$104

308.30%

Gym Membership (Monthly)

$100 ISK 12.2K

$25.85 R$129

288.32%

Tennis Court (1 Hour on Weekend)

$48.20 ISK 5,877

$30.48 R$152

58.14%

Cinema Ticket

$19.87 ISK 2,424

$6.78 R$33.85

193.07%

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

$1,277 ISK 155.8K

$279 R$1,392

358.15%

International Primary School, 1 Child (Yearly)

$31.0K ISK 3.8M

$7,084 R$35.4K

336.89%

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

$47.84 R$239

236.25%

Summer Dress (H&M, Zara, etc)

$64.9 ISK 7,914

$44.99 R$225

44.25%

Sport Shoes (Adidas, Nike)

$183 ISK 22.3K

$86.8 R$433

110.32%

Men's Leather Business Shoes

$254 ISK 31.0K

$64.1 R$320

296.19%

1-bedroom Apartment, City Center (Monthly)

$2,499 ISK 304.8K

$220 R$1,098

1036.35%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 243.9K

$200 R$997

901.36%

3-bedroom Apartment, City Center (Monthly)

$3,452 ISK 421.0K

$571 R$2,850

504.69%

3-bedroom Apartment, Outside City Center (Monthly)

$2,742 ISK 334.4K

$442 R$2,207

520.37%

Buy Apartment in City Center (m2)

$8,001 ISK 975.7K

$1,455 R$7,264

449.78%

Buy Apartment Outside City Center (m2)

$6,249 ISK 762.1K

$1,036 R$5,173

503.06%

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

$601 R$3,000

680.55%

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 4, 2026

Last update for Ilheus: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2K 50.9%

Ilheus

$200 23.8% 90% $1.8K

Groceries & Markets

Reykjavik

$625 15.9%

Ilheus

$219 26.1% 65% $406

Eating Out

Reykjavik

$526 13.4%

Ilheus

$106 12.7% 79.8% $420

Clothing & Footwear

Reykjavik

$298 7.6%

Ilheus

$110 13.1% 63.2% $188

Monthly Utilities & Internet

Reykjavik

$205 5.2%

Ilheus

$109 13% 46.8% $96

Sport & Entertainment

Reykjavik

$140 3.6%

Ilheus

$39 4.7% 71.9% $101

Getting Around

Reykjavik

$139 3.5%

Ilheus

$56 6.6% 60% $83

Cost Breakdown

A central one-bedroom costs $2,499 in Reykjavik versus $220 in Ilheus. 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 681% 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 $136 in Reykjavik versus $32.00 in Ilheus. Monthly groceries follow the same trend: $625 vs $219 – making Ilheus the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Ilheus

🕒 Local time

10:28 10:28 AM

07:28 7:28 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

178,649

💱 Currency

Icelandic Króna ISK kr

Brazilian Real BRL R$

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.32 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 = 7.32 EUR).

Brazilian Real exchange rates as of October 10, 2026: 1 USD = 4.99 BRL (1 BRL = 0.2 USD). 1 EUR = 5.59 BRL (1 BRL = 0.179 EUR).

USD to ISK in detail →

On the map

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Between locations

Reykjavik Ilheus 8,900 km ≈ 12 h nonstop flight

From you

Reykjavik
Ilheus

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 Ilheus: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,037 in Reykjavik, $839 in Ilheus – roughly 381% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $6,055 per month in Reykjavik and $1,258 in Ilheus. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 186% 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 mid-range dinner for two costs $136 in Reykjavik and $32.00 in Ilheus. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Ilheus, where all-in costs run around $839, than in Reykjavik at $4,037. In Ilheus 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 $839 in Ilheus to $4,037 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 Ilheus. 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.