Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Lajeado

For one person, living is cheaper in Lajeado: $766 a month against $4,002 in Reykjavik, rent and utilities included – about $38,800 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
37

Cost of Living Index in Lajeado
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Lajeado Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Lajeado

🇧🇷 Brazil

$766

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Lajeado

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

A single person spends $4,002 per month in Reykjavik vs $766 in Lajeado, rent included.

Reykjavik $4,002
Lajeado $766

A couple spends around $5,705 per month in Reykjavik vs $1,188 in Lajeado, rent included.

Reykjavik $5,705
Lajeado $1,188

A family of three spends $7,407 per month in Reykjavik vs $1,610 in Lajeado, rent included.

Reykjavik $7,407
Lajeado $1,610

Reykjavik costs about 422% more than Lajeado, and outside of rent the biggest gap is in groceries.

Reykjavik sits 196% above the global median, while Lajeado is 43% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,829

$5.27 R$26.50

498.86%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$24.22 R$122

405.16%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,259

$6.21 R$31.24

332.53%

Cappuccino

$6.81 ISK 827

$1.71 R$8.60

298.25%

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

$3.39 ISK 411

$1.04 R$5.21

225.96%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.62 R$3.13

416.13%

Local Beer (0.5 liter draught)

$14.14 ISK 1,716

$2.47 R$12.40

472.47%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$3.06 R$15.38

302.29%

Milk (1 liter)

$2.10 ISK 255

$0.97 R$4.90

116.49%

White Bread (500g)

$4.19 ISK 508

$1.68 R$8.47

149.40%

Rice (white) (1kg)

$3.72 ISK 451

$0.99 R$4.96

275.76%

Eggs

$7.05 ISK 856

$2.49 R$12.51

183.13%

Local Cheese (1kg)

$21.56 ISK 2,617

$8.43 R$42.36

155.75%

Chicken Fillets (1kg)

$24.68 ISK 2,995

$4.39 R$22.08

462.19%

Beef Round Steak (1kg)

$42.19 ISK 5,120

$9.11 R$45.82

363.12%

Apples (1kg)

$3.23 ISK 392

$1.36 R$6.83

137.50%

Banana (1kg)

$2.73 ISK 332

$1.07 R$5.38

155.14%

Oranges (1kg)

$3.17 ISK 385

$0.86 R$4.32

268.60%

Tomato (1kg)

$6.61 ISK 803

$1.39 R$6.97

375.54%

Potato (1kg)

$3.85 ISK 467

$0.91 R$4.60

323.08%

Onion (1kg)

$1.66 ISK 201

$0.84 R$4.22

97.62%

Lettuce (1 head)

$3.80 ISK 461

$0.84 R$4.21

352.38%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.67 R$3.35

161.19%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,663

$1.96 R$9.87

599.49%

Wine (Bottle)

$24.21 ISK 2,938

$5.62 R$28.23

330.78%

Local Beer (0.5 liter bottle)

$3.53 ISK 429

$1.12 R$5.63

215.18%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.20 R$11.05

50.91%

One-way Ticket (Public Transport)

$5.75 ISK 698

$1.07 R$5.38

437.38%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$48.55 R$244

93.22%

Taxi Start (Normal Tariff)

$6.61 ISK 803

$1.27 R$6.39

420.47%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.39 R$1.96

643.59%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,607

$8.28 R$41.62

856.04%

Gasoline (1 liter)

$2.09 ISK 254

$1.17 R$5.87

78.63%

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

$51.0K ISK 6.2M

$23.4K R$117.7K

117.92%

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

$53.3K ISK 6.5M

$33.7K R$169.3K

58.19%

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

$95.3 ISK 11.6K

$55.3 R$278

72.20%

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

$32.35 ISK 3,925

$10.08 R$50.7

220.93%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$20.06 R$101

336.39%

Gym Membership (Monthly)

$102 ISK 12.4K

$27.42 R$138

271.48%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,077

$28.25 R$142

77.27%

Cinema Ticket

$19.88 ISK 2,413

$5.98 R$30.07

232.44%

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

$1,194 ISK 144.9K

$219 R$1,099

446.17%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$7,310 R$36.8K

247.59%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$51.1 R$257

191.76%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,084

$51.1 R$257

30.45%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$85.1 R$428

111.28%

Men's Leather Business Shoes

$253 ISK 30.7K

$70.6 R$355

258.49%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.3K

$304 R$1,531

737.37%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.5K

$187 R$942

997.63%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.4K

$466 R$2,342

650.81%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.4K

$297 R$1,495

829.47%

Buy Apartment in City Center (m2)

$8,120 ISK 985.3K

$1,731 R$8,704

369.04%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.9K

$1,198 R$6,021

422.22%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.9K

$492 R$2,475

829.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

-11.90%

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

Last update for Reykjavik: October 12, 2026

Last update for Lajeado: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Lajeado

$187 24.5% 90.9% $1.9K

Groceries & Markets

Reykjavik

$623 15.6%

Lajeado

$176 22.9% 71.8% $447

Eating Out

Reykjavik

$536 13.4%

Lajeado

$106 13.9% 80.2% $430

Clothing & Footwear

Reykjavik

$292 7.3%

Lajeado

$116 15.2% 60.2% $176

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Lajeado

$85 11.2% 60.3% $130

Sport & Entertainment

Reykjavik

$142 3.5%

Lajeado

$39 5.1% 72.2% $102

Getting Around

Reykjavik

$138 3.5%

Lajeado

$56 7.3% 59.4% $82

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $304 in Lajeado. 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 829% 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 $122 in Reykjavik versus $24.00 in Lajeado. Monthly groceries follow the same trend: $623 vs $176 – making Lajeado the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Lajeado

🕒 Local time

18:32 6:32 PM

15:32 3:32 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

92,951

💱 Currency

Icelandic Króna ISK kr

Brazilian Real BRL R$

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.36 EUR

1 BRL = 0.199 USD

1 BRL = 0.178 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 15, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.36 EUR).

Brazilian Real exchange rates as of October 15, 2026: 1 USD = 5.03 BRL (1 BRL = 0.199 USD). 1 EUR = 5.63 BRL (1 BRL = 0.178 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Reykjavik Lajeado 10,740 km ≈ 14 h nonstop flight

From you

Reykjavik
Lajeado

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 Lajeado: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,002 in Reykjavik, $766 in Lajeado – roughly 422% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $1,149 in Lajeado. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $122 in Reykjavik and $24.00 in Lajeado. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $4,002 in Reykjavik and $766 in Lajeado. That's a gap of about 422%.

A $2,000 monthly budget goes further in Lajeado, where all-in costs run around $766, than in Reykjavik at $4,002. In Lajeado 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 $766 in Lajeado to $4,002 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 Lajeado. 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.