Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Juiz de Fora

For one person, living is cheaper in Juiz de Fora: $763 a month against $4,023 in Reykjavik, rent and utilities included – about $39,100 less a year. Rent and utilities account for most of the difference.

193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index
37

Cost of Living Index in Juiz de Fora
Learn more

Juiz de Fora Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Juiz de Fora

🇧🇷 Brazil

$763

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Juiz de Fora

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 Juiz de Fora actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,023 in Reykjavik versus $763 in Juiz de Fora.

Reykjavik $4,023
Juiz de Fora $763

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,202 in Juiz de Fora.

Reykjavik $5,708
Juiz de Fora $1,202

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $1,641 in Juiz de Fora.

Reykjavik $7,393
Juiz de Fora $1,641

Living in Reykjavik is roughly 427% more expensive than in Juiz de Fora, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 197% above, Juiz de Fora is 44% below.

Meal at Budget Restaurant

$31.00 ISK 3,760

$5.87 R$29.73

428.11%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$29.31 R$149

320.33%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$6.87 R$34.82

296.07%

Cappuccino

$6.90 ISK 837

$1.73 R$8.76

298.84%

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

$3.30 ISK 401

$1.43 R$7.25

130.77%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.59 R$2.97

435.59%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$1.22 R$6.21

1034.43%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$2.42 R$12.27

414.88%

Milk (1 liter)

$2.06 ISK 250

$0.96 R$4.87

114.58%

White Bread (500g)

$4.11 ISK 498

$1.55 R$7.85

165.16%

Rice (white) (1kg)

$3.68 ISK 446

$1.41 R$7.15

160.99%

Eggs

$7.27 ISK 882

$1.93 R$9.77

276.68%

Local Cheese (1kg)

$21.79 ISK 2,643

$9.15 R$46.37

138.14%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$3.44 R$17.45

596.22%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$9.43 R$47.80

339.34%

Apples (1kg)

$3.42 ISK 414

$1.83 R$9.27

86.89%

Banana (1kg)

$2.84 ISK 344

$1.16 R$5.88

144.83%

Oranges (1kg)

$3.23 ISK 391

$0.92 R$4.67

251.09%

Tomato (1kg)

$6.46 ISK 783

$1.26 R$6.38

412.70%

Potato (1kg)

$4.05 ISK 491

$0.64 R$3.24

532.81%

Onion (1kg)

$1.66 ISK 202

$0.81 R$4.11

104.94%

Lettuce (1 head)

$3.86 ISK 468

$0.56 R$2.85

589.29%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.75 R$3.83

145.33%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$1.61 R$8.18

767.08%

Wine (Bottle)

$23.76 ISK 2,882

$5.94 R$30.09

300.00%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$0.97 R$4.90

264.95%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$1.41 R$7.15

143.97%

One-way Ticket (Public Transport)

$5.81 ISK 705

$0.78 R$3.93

644.87%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$33.06 R$168

188.35%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.35 R$6.84

397.78%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.73 R$3.69

284.93%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$8.03 R$40.71

912.95%

Gasoline (1 liter)

$2.12 ISK 257

$1.33 R$6.74

59.40%

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

$68.9K ISK 8.4M

$21.0K R$106.6K

227.69%

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

$55.8K ISK 6.8M

$31.3K R$158.6K

78.31%

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

$95.8 ISK 11.6K

$60.0 R$304

59.68%

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

$33.11 ISK 4,016

$9.97 R$50.5

232.10%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$19.29 R$97.8

351.79%

Gym Membership (Monthly)

$101 ISK 12.3K

$23.33 R$118

333.26%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$27.52 R$140

84.38%

Cinema Ticket

$19.85 ISK 2,407

$6.80 R$34.49

191.91%

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

$1,195 ISK 144.9K

$146 R$740

717.93%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$2,590 R$13.1K

912.66%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$70.7 R$358

109.76%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$82.9 R$420

-19.45%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$66.2 R$336

181.80%

Men's Leather Business Shoes

$253 ISK 30.6K

$47.45 R$241

432.41%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$303 R$1,536

750.81%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$197 R$996

958.33%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$518 R$2,624

567.41%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$332 R$1,682

729.59%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$994 R$5,040

697.90%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$604 R$3,060

956.42%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$462 R$2,343

915.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.67

-17.43%

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

Last update for Reykjavik: October 20, 2026

Last update for Juiz de Fora: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Juiz de Fora

$197 25.8% 90.6% $1.9K

Groceries & Markets

Reykjavik

$619 15.4%

Juiz de Fora

$172 22.5% 72.3% $447

Eating Out

Reykjavik

$532 13.2%

Juiz de Fora

$107 14.1% 79.8% $425

Clothing & Footwear

Reykjavik

$294 7.3%

Juiz de Fora

$120 15.8% 59.2% $174

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Juiz de Fora

$89 11.7% 58.7% $127

Sport & Entertainment

Reykjavik

$141 3.5%

Juiz de Fora

$37 4.8% 73.8% $104

Getting Around

Reykjavik

$139 3.5%

Juiz de Fora

$41 5.4% 70.5% $98

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $303 in Juiz de Fora. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 916% 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 $29.00 in Juiz de Fora for a mid-range dinner for two. Groceries echo the gap at $619 vs $172 per month, with Juiz de Fora cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Juiz de Fora

🕒 Local time

22:53 10:53 PM

19:53 7:53 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

540,756

💱 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 20, 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 20, 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 Juiz de Fora 9,730 km ≈ 13 h nonstop flight

From you

Reykjavik
Juiz de Fora

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 Juiz de Fora: Cost of Living - Frequently Asked Questions

Juiz de Fora wins on cost – living expenses run 427% lower than in Reykjavik. Housing and daily spending are where you'll feel the difference most, making Juiz de Fora the obvious pick if budget is a priority.

Average pay runs 916% 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 $303 in Juiz de Fora. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Juiz de Fora – a meal for two runs $29.00 versus $123 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $4,023 per month in Reykjavik versus $763 in Juiz de Fora – a 427% gap that adds up to real savings over time for anyone picking the cheaper option.

At $763 in Juiz de Fora versus $4,023 in Reykjavik, a $1,000 budget is realistic in Juiz de Fora but tight or insufficient in Reykjavik. The gap between the two cities makes Juiz de Fora the clear choice for anyone on this budget.

Both work as nomad bases, but Juiz de Fora delivers better value – similar infrastructure at $763 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Juiz de Fora hard to pass up.

Safety-wise, Reykjavik and Juiz de Fora 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 Juiz de Fora gentler on the wallet – expenses run 427% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.