Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Itumbiara

For one person, living is cheaper in Itumbiara: $832 a month against $4,002 in Reykjavik, rent and utilities included – about $38,000 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
40

Cost of Living Index in Itumbiara
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Itumbiara Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Itumbiara

🇧🇷 Brazil

$832

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Itumbiara

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

A single person spends $4,002 per month in Reykjavik vs $832 in Itumbiara, rent included.

Reykjavik $4,002
Itumbiara $832

A couple spends around $5,705 per month in Reykjavik vs $1,323 in Itumbiara, rent included.

Reykjavik $5,705
Itumbiara $1,323

A family of three spends $7,407 per month in Reykjavik vs $1,815 in Itumbiara, rent included.

Reykjavik $7,407
Itumbiara $1,815

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

Reykjavik sits 196% above the global median, while Itumbiara is 38% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,828

$6.06 R$30.74

420.79%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$24.50 R$124

399.39%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$7.14 R$36.21

276.19%

Cappuccino

$6.81 ISK 827

$1.73 R$8.79

293.64%

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

$3.39 ISK 411

$0.76 R$3.85

346.05%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.49 R$2.46

553.06%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$0.99 R$5.02

1328.28%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$1.37 R$6.95

798.54%

Milk (1 liter)

$2.10 ISK 255

$1.01 R$5.11

107.92%

White Bread (500g)

$4.19 ISK 508

$1.66 R$8.41

152.41%

Rice (white) (1kg)

$3.72 ISK 451

$1.41 R$7.17

163.83%

Eggs

$7.05 ISK 856

$1.92 R$9.73

267.19%

Local Cheese (1kg)

$21.56 ISK 2,615

$7.89 R$39.99

173.26%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$3.92 R$19.90

529.59%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$6.83 R$34.62

517.72%

Apples (1kg)

$3.23 ISK 392

$1.63 R$8.27

98.16%

Banana (1kg)

$2.73 ISK 331

$1.77 R$8.97

54.24%

Oranges (1kg)

$3.17 ISK 384

$0.88 R$4.48

260.23%

Tomato (1kg)

$6.61 ISK 802

$2.03 R$10.31

225.62%

Potato (1kg)

$3.85 ISK 467

$1.16 R$5.87

231.90%

Onion (1kg)

$1.66 ISK 201

$1.51 R$7.65

9.93%

Lettuce (1 head)

$3.80 ISK 461

$0.83 R$4.19

357.83%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.84 R$4.25

108.33%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$1.48 R$7.49

826.35%

Wine (Bottle)

$24.21 ISK 2,937

$10.49 R$53.2

130.79%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$2.10 R$10.64

68.10%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$1.67 R$8.48

98.80%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.92 R$4.68

525.00%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$43.73 R$222

114.52%

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.33 R$6.75

396.99%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$1.12 R$5.66

158.93%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$6.00 R$30.42

1219.33%

Gasoline (1 liter)

$2.09 ISK 253

$0.95 R$4.79

120.00%

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

$51.0K ISK 6.2M

$15.0K R$76.3K

238.99%

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

$53.3K ISK 6.5M

$33.2K R$168.4K

60.38%

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

$95.3 ISK 11.6K

$39.79 R$202

139.41%

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

$32.35 ISK 3,923

$9.23 R$46.81

250.49%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$21.97 R$111

298.45%

Gym Membership (Monthly)

$102 ISK 12.4K

$35.27 R$179

188.80%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

$27.82 R$141

80.01%

Cinema Ticket

$19.88 ISK 2,412

$6.15 R$31.17

223.25%

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

$1,194 ISK 144.8K

$425 R$2,156

180.78%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$8,329 R$42.2K

205.07%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$20.13 R$102

640.34%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$69.1 R$350

-3.52%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$86.7 R$439

107.57%

Men's Leather Business Shoes

$253 ISK 30.7K

$104 R$529

142.64%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$354 R$1,792

620.96%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$239 R$1,211

760.96%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$661 R$3,351

429.13%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$463 R$2,345

497.32%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$1,860 R$9,430

336.51%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$1,107 R$5,614

464.72%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.95

-19.54%

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

Last update for Reykjavik: October 12, 2026

Last update for Itumbiara: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Itumbiara

$239 28.7% 88.4% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

Itumbiara

$191 23% 69.3% $432

Eating Out

Reykjavik

$536 13.4%

Itumbiara

$103 12.4% 80.7% $433

Clothing & Footwear

Reykjavik

$292 7.3%

Itumbiara

$126 15.2% 56.8% $166

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Itumbiara

$71 8.5% 67% $144

Sport & Entertainment

Reykjavik

$142 3.5%

Itumbiara

$48 5.7% 66.4% $94

Getting Around

Reykjavik

$138 3.5%

Itumbiara

$54 6.5% 60.6% $84

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $354 in Itumbiara. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $122 in Reykjavik versus $25.00 in Itumbiara. Monthly groceries follow the same trend: $623 vs $191 – making Itumbiara the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Itumbiara

🕒 Local time

04:47 4:47 AM

01:47 1:47 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

107,970

💱 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

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Highest

Between locations

Reykjavik Itumbiara 9,470 km ≈ 12 h nonstop flight

From you

Reykjavik
Itumbiara

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 Itumbiara: Cost of Living - Frequently Asked Questions

Reykjavik costs about 381% more than Itumbiara, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $1,248 in Itumbiara. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 226% 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 $122 in Reykjavik and $25.00 in Itumbiara. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Itumbiara, where all-in costs run around $832, than in Reykjavik at $4,002. In Itumbiara it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Itumbiara costs $832 versus $4,002 in Reykjavik. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Itumbiara. 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.