Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Louveira

For one person, living is cheaper in Louveira: $913 a month against $4,023 in Reykjavik, rent and utilities included – about $37,300 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
44

Cost of Living Index in Louveira
Learn more

Louveira Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Louveira

🇧🇷 Brazil

$913

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Louveira

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

Monthly costs for one person with rent: $4,023 in Reykjavik versus $913 in Louveira.

Reykjavik $4,023
Louveira $913

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,471 in Louveira.

Reykjavik $5,708
Louveira $1,471

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $2,028 in Louveira.

Reykjavik $7,393
Louveira $2,028

Living in Reykjavik is roughly 340% more expensive than in Louveira, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 197% above, Louveira is 33% below.

Meal at Budget Restaurant

$31.00 ISK 3,760

$7.89 R$39.98

292.90%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$32.58 R$165

278.15%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$7.17 R$36.33

279.50%

Cappuccino

$6.90 ISK 837

$2.29 R$11.59

201.31%

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

$3.30 ISK 401

$1.35 R$6.83

144.44%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.95 R$4.84

232.63%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$2.48 R$12.56

458.06%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$2.94 R$14.89

323.81%

Milk (1 liter)

$2.06 ISK 250

$1.12 R$5.67

83.93%

White Bread (500g)

$4.11 ISK 498

$1.85 R$9.39

122.16%

Rice (white) (1kg)

$3.68 ISK 446

$1.32 R$6.70

178.79%

Eggs

$7.27 ISK 882

$2.50 R$12.65

190.80%

Local Cheese (1kg)

$21.79 ISK 2,643

$11.02 R$55.9

97.73%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$4.96 R$25.15

382.86%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$10.10 R$51.2

310.20%

Apples (1kg)

$3.42 ISK 414

$2.12 R$10.73

61.32%

Banana (1kg)

$2.84 ISK 344

$1.26 R$6.38

125.40%

Oranges (1kg)

$3.23 ISK 391

$1.52 R$7.71

112.50%

Tomato (1kg)

$6.46 ISK 783

$1.34 R$6.81

382.09%

Potato (1kg)

$4.05 ISK 491

$1.31 R$6.65

209.16%

Onion (1kg)

$1.66 ISK 202

$1.21 R$6.14

37.19%

Lettuce (1 head)

$3.86 ISK 468

$1.00 R$5.06

286.00%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.88 R$4.46

109.09%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.48 R$12.59

462.90%

Wine (Bottle)

$23.76 ISK 2,882

$7.79 R$39.48

205.01%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.39 R$7.05

154.68%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.02 R$10.25

70.30%

One-way Ticket (Public Transport)

$5.81 ISK 705

$0.86 R$4.34

575.58%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$22.00 R$112

333.32%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.22 R$6.18

450.82%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.72 R$3.65

290.28%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$10.31 R$52.2

688.94%

Gasoline (1 liter)

$2.12 ISK 257

$1.25 R$6.35

69.60%

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

$68.9K ISK 8.4M

$24.3K R$123.2K

183.62%

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

$55.8K ISK 6.8M

$32.0K R$162.2K

74.38%

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

$95.8 ISK 11.6K

$65.4 R$331

46.52%

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

$33.11 ISK 4,016

$12.36 R$62.7

167.88%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$22.34 R$113

290.11%

Gym Membership (Monthly)

$101 ISK 12.3K

$24.28 R$123

316.31%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$27.44 R$139

84.91%

Cinema Ticket

$19.85 ISK 2,407

$7.91 R$40.08

150.95%

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

$1,195 ISK 144.9K

$282 R$1,431

323.27%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$10.1K R$51.1K

160.39%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$55.6 R$282

166.80%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$39.60 R$201

68.56%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$91.4 R$463

104.16%

Men's Leather Business Shoes

$253 ISK 30.6K

$64.5 R$327

291.55%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$352 R$1,782

633.42%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$279 R$1,413

646.21%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$662 R$3,357

421.69%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$565 R$2,866

386.74%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,012 R$5,128

684.25%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$607 R$3,075

951.30%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$879 R$4,455

434.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

11.45

-23.06%

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

Last update for Reykjavik: October 20, 2026

Last update for Louveira: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Louveira

$279 30.5% 86.6% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Louveira

$212 23.2% 65.8% $408

Eating Out

Reykjavik

$532 13.2%

Louveira

$140 15.3% 73.8% $393

Clothing & Footwear

Reykjavik

$294 7.3%

Louveira

$113 12.4% 61.6% $181

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Louveira

$100 11% 53.7% $116

Sport & Entertainment

Reykjavik

$141 3.5%

Louveira

$40 4.4% 71.5% $101

Getting Around

Reykjavik

$139 3.5%

Louveira

$30 3.3% 78.3% $109

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $352 in Louveira. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 434% 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 $33.00 in Louveira for a mid-range dinner for two. Groceries echo the gap at $619 vs $212 per month, with Louveira cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Louveira

🕒 Local time

22:12 10:12 PM

19:12 7:12 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

51,847

💱 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

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Between locations

Reykjavik Louveira 9,940 km ≈ 13 h nonstop flight

From you

Reykjavik
Louveira

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 Louveira: Cost of Living - Frequently Asked Questions

Louveira is cheaper overall, especially in groceries, eating out, and clothing. The 340% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 434% 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 $352 in Louveira. 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 $913 in Louveira – a 340% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Louveira runs roughly 333% less than in Reykjavik. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $913 in Louveira versus $4,023 in Reykjavik, a $1,500 budget is realistic in Louveira but tight or insufficient in Reykjavik. The gap between the two cities makes Louveira the clear choice for anyone on this budget.

For families, Louveira is more practical. Housing and childcare are both notably cheaper than in Reykjavik, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Reykjavik and Louveira 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 Louveira gentler on the wallet – expenses run 340% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.