Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Mogi das Cruzes

For one person, living is cheaper in Mogi das Cruzes: $994 a month against $4,002 in Reykjavik, rent and utilities included – about $36,100 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
49

Cost of Living Index in Mogi das Cruzes
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Mogi das Cruzes Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Mogi das Cruzes

🇧🇷 Brazil

$994

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Mogi das Cruzes

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 Mogi das Cruzes actually costs, broken down by who's living it.

A single person spends $4,002 per month in Reykjavik vs $994 in Mogi das Cruzes, rent included.

Reykjavik $4,002
Mogi das Cruzes $994

A couple spends around $5,705 per month in Reykjavik vs $1,527 in Mogi das Cruzes, rent included.

Reykjavik $5,705
Mogi das Cruzes $1,527

A family of three spends $7,407 per month in Reykjavik vs $2,061 in Mogi das Cruzes, rent included.

Reykjavik $7,407
Mogi das Cruzes $2,061

Reykjavik costs about 303% more than Mogi das Cruzes, and outside of rent the biggest gap is in groceries.

Reykjavik sits 196% above the global median, while Mogi das Cruzes is 26% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,829

$9.60 R$48.29

228.75%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$29.59 R$149

313.48%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,259

$7.96 R$40.03

237.44%

Cappuccino

$6.81 ISK 827

$1.53 R$7.68

345.10%

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

$3.39 ISK 411

$1.31 R$6.59

158.78%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.88 R$4.44

263.64%

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

$3.09 R$15.52

298.38%

Milk (1 liter)

$2.10 ISK 255

$1.02 R$5.15

105.88%

White Bread (500g)

$4.19 ISK 508

$1.99 R$10.01

110.55%

Rice (white) (1kg)

$3.72 ISK 451

$1.32 R$6.65

181.82%

Eggs

$7.05 ISK 856

$2.58 R$12.95

173.26%

Local Cheese (1kg)

$21.56 ISK 2,617

$9.84 R$49.46

119.11%

Chicken Fillets (1kg)

$24.68 ISK 2,995

$4.83 R$24.28

410.97%

Beef Round Steak (1kg)

$42.19 ISK 5,120

$9.46 R$47.59

345.98%

Apples (1kg)

$3.23 ISK 392

$2.19 R$11.01

47.49%

Banana (1kg)

$2.73 ISK 332

$1.48 R$7.44

84.46%

Oranges (1kg)

$3.17 ISK 385

$1.22 R$6.13

159.84%

Tomato (1kg)

$6.61 ISK 803

$1.40 R$7.01

372.14%

Potato (1kg)

$3.85 ISK 467

$1.32 R$6.63

191.67%

Onion (1kg)

$1.66 ISK 201

$1.26 R$6.33

31.75%

Lettuce (1 head)

$3.80 ISK 461

$0.94 R$4.75

304.26%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.64 R$3.24

173.44%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,663

$2.43 R$12.24

464.20%

Wine (Bottle)

$24.21 ISK 2,938

$7.98 R$40.13

203.38%

Local Beer (0.5 liter bottle)

$3.53 ISK 429

$1.52 R$7.64

132.24%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.52 R$12.66

31.75%

One-way Ticket (Public Transport)

$5.75 ISK 698

$1.17 R$5.90

391.45%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$85.6 R$430

9.64%

Taxi Start (Normal Tariff)

$6.61 ISK 803

$1.22 R$6.16

441.80%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.78 R$3.93

271.79%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,607

$5.16 R$25.93

1434.11%

Gasoline (1 liter)

$2.09 ISK 254

$1.31 R$6.60

59.54%

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

$51.0K ISK 6.2M

$23.8K R$119.5K

114.69%

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

$53.3K ISK 6.5M

$32.2K R$162.1K

65.29%

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

$95.3 ISK 11.6K

$66.5 R$335

43.18%

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

$32.35 ISK 3,925

$15.13 R$76.1

113.81%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$22.82 R$115

283.61%

Gym Membership (Monthly)

$102 ISK 12.4K

$30.14 R$152

237.96%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,077

$10.93 R$54.9

358.19%

Cinema Ticket

$19.88 ISK 2,413

$7.79 R$39.18

155.20%

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

$1,194 ISK 144.9K

$258 R$1,298

362.37%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$5,987 R$30.1K

324.40%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$39.98 R$201

272.76%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,084

$33.92 R$171

96.40%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$87.9 R$442

104.71%

Men's Leather Business Shoes

$253 ISK 30.7K

$69.6 R$350

263.90%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.3K

$403 R$2,024

533.11%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.5K

$292 R$1,468

604.08%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.4K

$655 R$3,294

433.92%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.4K

$497 R$2,497

456.54%

Buy Apartment in City Center (m2)

$8,120 ISK 985.3K

$1,553 R$7,807

422.95%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.9K

$1,278 R$6,425

389.38%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.9K

$331 R$1,666

1279.85%

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 12, 2026

Last update for Mogi das Cruzes: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Mogi das Cruzes

$292 29.4% 85.8% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

Mogi das Cruzes

$206 20.7% 66.9% $417

Eating Out

Reykjavik

$536 13.4%

Mogi das Cruzes

$146 14.7% 72.7% $390

Clothing & Footwear

Reykjavik

$292 7.3%

Mogi das Cruzes

$104 10.5% 64.3% $188

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Mogi das Cruzes

$104 10.5% 51.4% $111

Sport & Entertainment

Reykjavik

$142 3.5%

Mogi das Cruzes

$46 4.6% 67.7% $96

Getting Around

Reykjavik

$138 3.5%

Mogi das Cruzes

$95 9.6% 30.8% $43

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $403 in Mogi das Cruzes. 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 1280% 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 $30.00 in Mogi das Cruzes. Monthly groceries follow the same trend: $623 vs $206 – making Mogi das Cruzes the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Mogi das Cruzes

🕒 Local time

18:15 6:15 PM

15:15 3:15 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

451,505

💱 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

Lowest

Highest

Between locations

Reykjavik Mogi das Cruzes 9,970 km ≈ 13 h nonstop flight

From you

Reykjavik
Mogi das Cruzes

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 Mogi das Cruzes: Cost of Living - Frequently Asked Questions

Reykjavik costs about 303% more than Mogi das Cruzes, and outside of rent the gap comes mainly from groceries. 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 $1,491 in Mogi das Cruzes. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 10% less in Mogi das Cruzes. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,194 per month in Reykjavik and $258 in Mogi das Cruzes. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Mogi das Cruzes, where all-in costs run around $994, than in Reykjavik at $4,002. In Mogi das Cruzes it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Mogi das Cruzes costs $994 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 Mogi das Cruzes. 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.