Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Jaguariúna

For one person, living is cheaper in Jaguariúna: $920 a month against $4,023 in Reykjavik, rent and utilities included – about $37,200 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
45

Cost of Living Index in Jaguariúna
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Jaguariúna Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Jaguariúna

🇧🇷 Brazil

$920

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Jaguariúna

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

Monthly costs for one person with rent: $4,023 in Reykjavik versus $920 in Jaguariúna.

Reykjavik $4,023
Jaguariúna $920

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,470 in Jaguariúna.

Reykjavik $5,708
Jaguariúna $1,470

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $2,020 in Jaguariúna.

Reykjavik $7,393
Jaguariúna $2,020

Living in Reykjavik is roughly 337% more expensive than in Jaguariúna, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 197% above, Jaguariúna is 32% below.

Meal at Budget Restaurant

$31.00 ISK 3,760

$9.29 R$47.08

233.69%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$32.31 R$164

281.31%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$8.73 R$44.28

211.68%

Cappuccino

$6.90 ISK 837

$2.37 R$12.00

191.14%

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

$3.30 ISK 401

$1.37 R$6.95

140.88%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.95 R$4.80

232.63%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$2.63 R$13.33

426.24%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$2.89 R$14.65

331.14%

Milk (1 liter)

$2.06 ISK 250

$1.08 R$5.45

90.74%

White Bread (500g)

$4.11 ISK 498

$1.91 R$9.70

115.18%

Rice (white) (1kg)

$3.68 ISK 446

$1.38 R$7.00

166.67%

Eggs

$7.27 ISK 882

$2.58 R$13.09

181.78%

Local Cheese (1kg)

$21.79 ISK 2,643

$11.70 R$59.3

86.24%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$4.77 R$24.18

402.10%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$9.65 R$48.92

329.33%

Apples (1kg)

$3.42 ISK 414

$2.29 R$11.63

49.34%

Banana (1kg)

$2.84 ISK 344

$1.69 R$8.58

68.05%

Oranges (1kg)

$3.23 ISK 391

$1.84 R$9.33

75.54%

Tomato (1kg)

$6.46 ISK 783

$1.40 R$7.09

361.43%

Potato (1kg)

$4.05 ISK 491

$1.30 R$6.58

211.54%

Onion (1kg)

$1.66 ISK 202

$1.17 R$5.95

41.88%

Lettuce (1 head)

$3.86 ISK 468

$1.19 R$6.03

224.37%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.88 R$4.45

109.09%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.32 R$11.78

501.72%

Wine (Bottle)

$23.76 ISK 2,882

$7.79 R$39.50

205.01%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.55 R$7.85

128.39%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.48 R$12.56

38.71%

One-way Ticket (Public Transport)

$5.81 ISK 705

$0.99 R$5.04

486.87%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$47.52 R$241

100.61%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.36 R$6.90

394.12%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.71 R$3.62

295.77%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$8.31 R$42.12

878.82%

Gasoline (1 liter)

$2.12 ISK 257

$1.30 R$6.58

63.08%

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

$68.9K ISK 8.4M

$23.4K R$118.8K

194.15%

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

$55.8K ISK 6.8M

$32.3K R$163.8K

72.72%

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

$95.8 ISK 11.6K

$65.7 R$333

45.79%

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

$33.11 ISK 4,016

$12.32 R$62.4

168.75%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$21.80 R$110

299.77%

Gym Membership (Monthly)

$101 ISK 12.3K

$25.98 R$132

289.07%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$24.21 R$123

109.58%

Cinema Ticket

$19.85 ISK 2,407

$7.73 R$39.21

156.79%

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

$1,195 ISK 144.9K

$359 R$1,821

232.50%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$10.3K R$52.1K

155.12%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$54.5 R$276

172.09%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$37.68 R$191

77.15%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$91.1 R$462

104.90%

Men's Leather Business Shoes

$253 ISK 30.6K

$59.5 R$302

324.66%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$360 R$1,826

615.93%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$237 R$1,200

779.19%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$669 R$3,394

416.01%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$462 R$2,341

495.99%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,702 R$8,630

365.99%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$1,142 R$5,789

458.43%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$991 R$5,024

373.78%

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 Jaguariúna: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Jaguariúna

$237 25.7% 88.6% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Jaguariúna

$219 23.9% 64.6% $400

Eating Out

Reykjavik

$532 13.2%

Jaguariúna

$157 17.1% 70.5% $375

Clothing & Footwear

Reykjavik

$294 7.3%

Jaguariúna

$109 11.9% 62.9% $185

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Jaguariúna

$100 10.9% 53.8% $116

Sport & Entertainment

Reykjavik

$141 3.5%

Jaguariúna

$41 4.5% 70.6% $99

Getting Around

Reykjavik

$139 3.5%

Jaguariúna

$56 6.1% 59.5% $83

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $360 in Jaguariúna. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 374% 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 $32.00 in Jaguariúna for a mid-range dinner for two. Groceries echo the gap at $619 vs $219 per month, with Jaguariúna cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Jaguariúna

🕒 Local time

02:29 2:29 AM

23:29 11:29 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

59,347

💱 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 21, 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 21, 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 Jaguariúna 9,900 km ≈ 13 h nonstop flight

From you

Reykjavik
Jaguariúna

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 Jaguariúna: Cost of Living - Frequently Asked Questions

Jaguariúna wins on cost – living expenses run 337% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Jaguariúna the obvious pick if budget is a priority.

Average pay runs 374% 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 $360 in Jaguariúna. 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 $920 in Jaguariúna – a 337% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Jaguariúna runs roughly 101% less than in Reykjavik. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $920 in Jaguariúna versus $4,023 in Reykjavik, a $1,000 budget is realistic in Jaguariúna but tight or insufficient in Reykjavik. The gap between the two cities makes Jaguariúna the clear choice for anyone on this budget.

Both work as nomad bases, but Jaguariúna delivers better value – similar infrastructure at $920 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Jaguariúna hard to pass up.

Safety-wise, Reykjavik and Jaguariúna 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 Jaguariúna gentler on the wallet – expenses run 337% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.