Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Mogi Mirim

For one person, living is cheaper in Mogi Mirim: $802 a month against $4,023 in Reykjavik, rent and utilities included – about $38,700 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
39

Cost of Living Index in Mogi Mirim
Learn more

Mogi Mirim Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Mogi Mirim

🇧🇷 Brazil

$802

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Mogi Mirim

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

Monthly costs for one person with rent: $4,023 in Reykjavik versus $802 in Mogi Mirim.

Reykjavik $4,023
Mogi Mirim $802

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,293 in Mogi Mirim.

Reykjavik $5,708
Mogi Mirim $1,293

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $1,784 in Mogi Mirim.

Reykjavik $7,393
Mogi Mirim $1,784

Living in Reykjavik is roughly 402% more expensive than in Mogi Mirim, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 197% above, Mogi Mirim is 41% below.

Meal at Budget Restaurant

$31.00 ISK 3,760

$5.82 R$29.51

432.65%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$30.10 R$153

309.30%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$7.21 R$36.54

277.39%

Cappuccino

$6.90 ISK 837

$1.07 R$5.42

544.86%

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

$3.30 ISK 401

$0.62 R$3.16

432.26%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.29 R$1.48

989.66%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$1.30 R$6.60

964.62%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$2.43 R$12.30

412.76%

Milk (1 liter)

$2.06 ISK 250

$0.88 R$4.45

134.09%

White Bread (500g)

$4.11 ISK 498

$1.63 R$8.26

152.15%

Rice (white) (1kg)

$3.68 ISK 446

$1.14 R$5.77

222.81%

Eggs

$7.27 ISK 882

$1.43 R$7.25

408.39%

Local Cheese (1kg)

$21.79 ISK 2,643

$5.88 R$29.79

270.58%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$4.49 R$22.79

433.41%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$6.89 R$34.94

501.31%

Apples (1kg)

$3.42 ISK 414

$1.56 R$7.89

119.23%

Banana (1kg)

$2.84 ISK 344

$1.58 R$7.99

79.75%

Oranges (1kg)

$3.23 ISK 391

$1.02 R$5.18

216.67%

Tomato (1kg)

$6.46 ISK 783

$1.02 R$5.17

533.33%

Potato (1kg)

$4.05 ISK 491

$1.22 R$6.17

231.97%

Onion (1kg)

$1.66 ISK 202

$1.42 R$7.21

16.90%

Lettuce (1 head)

$3.86 ISK 468

$0.91 R$4.63

324.18%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.57 R$2.87

222.81%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.14 R$10.85

552.34%

Wine (Bottle)

$23.76 ISK 2,882

$8.10 R$41.06

193.33%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.06 R$5.36

233.96%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.01 R$10.19

71.14%

One-way Ticket (Public Transport)

$5.81 ISK 705

$0.99 R$5.03

486.87%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$43.67 R$221

118.30%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.32 R$6.71

409.09%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$1.37 R$6.93

105.11%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$9.36 R$47.43

769.02%

Gasoline (1 liter)

$2.12 ISK 257

$0.99 R$5.03

114.14%

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

$68.9K ISK 8.4M

$16.1K R$81.5K

328.73%

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

$55.8K ISK 6.8M

$30.4K R$154.3K

83.35%

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

$95.8 ISK 11.6K

$43.41 R$220

120.71%

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

$33.11 ISK 4,016

$14.24 R$72.2

132.51%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$11.91 R$60.4

631.74%

Gym Membership (Monthly)

$101 ISK 12.3K

$26.24 R$133

285.21%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$28.26 R$143

79.55%

Cinema Ticket

$19.85 ISK 2,407

$5.85 R$29.65

239.32%

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

$1,195 ISK 144.9K

$445 R$2,255

168.58%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$7,578 R$38.4K

246.04%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$56.0 R$284

164.89%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$58.5 R$297

14.06%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$95.4 R$484

95.60%

Men's Leather Business Shoes

$253 ISK 30.6K

$84.4 R$428

199.47%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$350 R$1,776

636.21%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$245 R$1,242

749.43%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$682 R$3,456

406.73%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$468 R$2,374

487.52%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,730 R$8,768

358.68%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$1,181 R$5,988

439.89%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$598 R$3,033

684.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.13%

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

Last update for Reykjavik: October 20, 2026

Last update for Mogi Mirim: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Mogi Mirim

$245 30.6% 88.2% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Mogi Mirim

$165 20.6% 73.4% $454

Eating Out

Reykjavik

$532 13.2%

Mogi Mirim

$96 12% 82% $436

Clothing & Footwear

Reykjavik

$294 7.3%

Mogi Mirim

$132 16.5% 55% $162

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Mogi Mirim

$70 8.7% 67.8% $147

Sport & Entertainment

Reykjavik

$141 3.5%

Mogi Mirim

$38 4.7% 73.1% $103

Getting Around

Reykjavik

$139 3.5%

Mogi Mirim

$56 7% 60% $84

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $350 in Mogi Mirim. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 685% 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 $30.00 in Mogi Mirim for a mid-range dinner for two. Groceries echo the gap at $619 vs $165 per month, with Mogi Mirim cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Mogi Mirim

🕒 Local time

18:02 6:02 PM

15:02 3:02 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

92,558

💱 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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Highest

Between locations

Reykjavik Mogi Mirim 9,870 km ≈ 13 h nonstop flight

From you

Reykjavik
Mogi Mirim

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 Mirim: Cost of Living - Frequently Asked Questions

Mogi Mirim is cheaper overall, especially in groceries, eating out, and clothing. The 402% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 685% 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 $350 in Mogi Mirim. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mogi Mirim runs roughly 118% less than in Reykjavik. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,195 in Reykjavik versus $445 in Mogi Mirim. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $802 in Mogi Mirim versus $4,023 in Reykjavik, a $1,500 budget is realistic in Mogi Mirim but tight or insufficient in Reykjavik. The gap between the two cities makes Mogi Mirim the clear choice for anyone on this budget.

For families, Mogi Mirim 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 Mogi Mirim 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 Mogi Mirim gentler on the wallet – expenses run 402% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.