Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Niteroi

For one person, living is cheaper in Niteroi: $1,089 a month against $4,037 in Reykjavik, rent and utilities included – about $35,400 less a year. Rent and utilities account for most of the difference.

193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index
52

Cost of Living Index in Niteroi
Learn more

Niteroi Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Niteroi

🇧🇷 Brazil

$1,089

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Niteroi

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

A single person spends $4,037 per month in Reykjavik vs $1,089 in Niteroi, rent included.

Reykjavik $4,037
Niteroi $1,089

A couple spends around $5,666 per month in Reykjavik vs $1,715 in Niteroi, rent included.

Reykjavik $5,666
Niteroi $1,715

A family of three spends $7,295 per month in Reykjavik vs $2,342 in Niteroi, rent included.

Reykjavik $7,295
Niteroi $2,342

Reykjavik costs about 271% more than Niteroi, and outside of rent the biggest gap is in groceries.

Reykjavik sits 201% above the global median, while Niteroi is 19% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$30.59 ISK 3,730

$7.64 R$38.16

300.39%

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.5K

$40.42 R$202

235.25%

Fast Food Meal (McDonalds, etc)

$27.08 ISK 3,302

$7.61 R$38.00

255.85%

Cappuccino

$6.72 ISK 819

$2.63 R$13.11

155.51%

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

$3.27 ISK 399

$1.54 R$7.69

112.34%

Water (0.33 liter bottle)

$3.16 ISK 386

$1.00 R$5.01

216.00%

Local Beer (0.5 liter draught)

$13.91 ISK 1,696

$2.52 R$12.59

451.98%

Imported Beer (0.33 liter bottle)

$12.06 ISK 1,470

$2.66 R$13.26

353.38%

Milk (1 liter)

$2.04 ISK 248

$1.22 R$6.09

67.21%

White Bread (500g)

$4.32 ISK 527

$1.61 R$8.02

168.32%

Rice (white) (1kg)

$3.67 ISK 447

$1.42 R$7.08

158.45%

Eggs

$7.02 ISK 856

$2.09 R$10.45

235.89%

Local Cheese (1kg)

$22.01 ISK 2,684

$10.04 R$50.1

119.22%

Chicken Fillets (1kg)

$24.70 ISK 3,012

$4.41 R$22.01

460.09%

Beef Round Steak (1kg)

$42.66 ISK 5,202

$8.30 R$41.44

413.98%

Apples (1kg)

$3.37 ISK 412

$2.61 R$13.05

29.12%

Banana (1kg)

$2.85 ISK 347

$1.74 R$8.71

63.79%

Oranges (1kg)

$3.17 ISK 387

$1.82 R$9.06

74.18%

Tomato (1kg)

$6.39 ISK 779

$1.85 R$9.22

245.41%

Potato (1kg)

$4.01 ISK 489

$1.34 R$6.70

199.25%

Onion (1kg)

$1.64 ISK 200

$1.07 R$5.33

53.27%

Lettuce (1 head)

$3.80 ISK 463

$0.69 R$3.42

450.72%

Water (1.5 liter bottle)

$1.74 ISK 212

$0.73 R$3.62

138.36%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,682

$3.56 R$17.76

287.64%

Wine (Bottle)

$23.38 ISK 2,851

$6.56 R$32.74

256.40%

Local Beer (0.5 liter bottle)

$3.53 ISK 430

$1.34 R$6.68

163.43%

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

$2.06 R$10.30

67.48%

One-way Ticket (Public Transport)

$5.77 ISK 704

$1.05 R$5.25

449.52%

Public Transport Monthly Pass (Regular Price)

$95.1 ISK 11.6K

$49.26 R$246

93.14%

Taxi Start (Normal Tariff)

$6.63 ISK 808

$1.17 R$5.83

466.67%

Taxi (Normal Tariff) (1km)

$2.79 ISK 341

$1.17 R$5.84

138.46%

Taxi 1hour Waiting (Normal Tariff)

$81.4 ISK 9,923

$8.24 R$41.12

887.50%

Gasoline (1 liter)

$2.11 ISK 257

$1.27 R$6.34

66.14%

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

$50.8K ISK 6.2M

$19.5K R$97.6K

159.98%

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

$52.7K ISK 6.4M

$30.9K R$154.2K

70.67%

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

$88.7 ISK 10.8K

$116 R$581

-23.87%

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

$31.53 ISK 3,845

$17.32 R$86.5

82.04%

Internet (50+ Mbps, Unlimited Data)

$84.6 ISK 10.3K

$19.81 R$98.9

327.26%

Gym Membership (Monthly)

$100 ISK 12.2K

$37.83 R$189

165.34%

Tennis Court (1 Hour on Weekend)

$48.20 ISK 5,877

$32.90 R$164

46.50%

Cinema Ticket

$19.87 ISK 2,424

$11.82 R$59.0

68.10%

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

$1,277 ISK 155.8K

$534 R$2,666

139.18%

International Primary School, 1 Child (Yearly)

$31.0K ISK 3.8M

$4,910 R$24.5K

530.31%

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

$62.9 R$314

155.90%

Summer Dress (H&M, Zara, etc)

$64.9 ISK 7,914

$44.05 R$220

47.33%

Sport Shoes (Adidas, Nike)

$183 ISK 22.3K

$106 R$529

72.43%

Men's Leather Business Shoes

$254 ISK 31.0K

$91.6 R$457

177.28%

1-bedroom Apartment, City Center (Monthly)

$2,499 ISK 304.8K

$425 R$2,119

488.75%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 243.9K

$305 R$1,520

556.85%

3-bedroom Apartment, City Center (Monthly)

$3,452 ISK 421.0K

$823 R$4,108

319.42%

3-bedroom Apartment, Outside City Center (Monthly)

$2,742 ISK 334.4K

$632 R$3,154

334.00%

Buy Apartment in City Center (m2)

$8,001 ISK 975.7K

$1,452 R$7,250

450.90%

Buy Apartment Outside City Center (m2)

$6,249 ISK 762.1K

$1,507 R$7,525

314.55%

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

$941 R$4,696

398.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.7

-17.66%

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

Last update for Reykjavik: October 4, 2026

Last update for Niteroi: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2K 50.9%

Niteroi

$305 28.7% 84.8% $1.7K

Groceries & Markets

Reykjavik

$625 15.9%

Niteroi

$201 18.9% 67.9% $424

Eating Out

Reykjavik

$526 13.4%

Niteroi

$144 13.5% 72.7% $382

Clothing & Footwear

Reykjavik

$298 7.6%

Niteroi

$137 12.9% 54% $161

Monthly Utilities & Internet

Reykjavik

$205 5.2%

Niteroi

$154 14.5% 25% $51

Sport & Entertainment

Reykjavik

$140 3.6%

Niteroi

$61 5.8% 56.1% $79

Getting Around

Reykjavik

$139 3.5%

Niteroi

$60 5.7% 56.4% $78

Cost Breakdown

A central one-bedroom costs $2,499 in Reykjavik versus $425 in Niteroi. 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 399% 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 $136 in Reykjavik versus $40.00 in Niteroi. Monthly groceries follow the same trend: $625 vs $201 – making Niteroi the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Niteroi

🕒 Local time

11:28 11:28 AM

08:28 8:28 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

481,749

💱 Currency

Icelandic Króna ISK kr

Brazilian Real BRL R$

📈 Exchange rate

1,000 ISK = 8.2 USD

1,000 ISK = 7.32 EUR

1 BRL = 0.2 USD

1 BRL = 0.179 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 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

Brazilian Real exchange rates as of October 10, 2026: 1 USD = 4.99 BRL (1 BRL = 0.2 USD). 1 EUR = 5.59 BRL (1 BRL = 0.179 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik Niteroi 9,850 km ≈ 13 h nonstop flight

From you

Reykjavik
Niteroi

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 Niteroi: Cost of Living - Frequently Asked Questions

Yes – Reykjavik is pricier by about 271%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $6,055 per month in Reykjavik and $1,633 in Niteroi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $1,277 per month in Reykjavik and $534 in Niteroi. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 211% more in Reykjavik, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Niteroi, where all-in costs run around $1,089, than in Reykjavik at $4,037. In Niteroi it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

Families tend to lean toward Niteroi – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Niteroi. 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.