Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Passos

For one person, living is cheaper in Passos: $956 a month against $4,023 in Reykjavik, rent and utilities included – about $36,800 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
46

Cost of Living Index in Passos
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Passos Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

Passos

🇧🇷 Brazil

$956

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Passos

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

Monthly costs for one person with rent: $4,023 in Reykjavik versus $956 in Passos.

Reykjavik $4,023
Passos $956

Estimated couple costs with rent: $5,708 in Reykjavik versus $1,537 in Passos.

Reykjavik $5,708
Passos $1,537

Monthly costs for a family of three with rent: $7,393 in Reykjavik versus $2,119 in Passos.

Reykjavik $7,393
Passos $2,119

Living in Reykjavik is roughly 321% more expensive than in Passos, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 197% above, Passos is 29% below.

Meal at Budget Restaurant

$31.00 ISK 3,760

$10.06 R$51.0

208.15%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$35.57 R$180

246.36%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$8.86 R$44.91

207.11%

Cappuccino

$6.90 ISK 837

$2.28 R$11.54

202.63%

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

$3.30 ISK 401

$1.34 R$6.80

146.27%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.95 R$4.80

232.63%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$2.44 R$12.39

467.21%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$4.05 R$20.51

207.65%

Milk (1 liter)

$2.06 ISK 250

$1.06 R$5.40

94.34%

White Bread (500g)

$4.11 ISK 498

$2.05 R$10.40

100.49%

Rice (white) (1kg)

$3.68 ISK 446

$1.37 R$6.95

168.61%

Eggs

$7.27 ISK 882

$2.61 R$13.22

178.54%

Local Cheese (1kg)

$21.79 ISK 2,643

$10.74 R$54.4

102.89%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$4.97 R$25.18

381.89%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$10.75 R$54.5

285.40%

Apples (1kg)

$3.42 ISK 414

$2.34 R$11.87

46.15%

Banana (1kg)

$2.84 ISK 344

$1.66 R$8.42

71.08%

Oranges (1kg)

$3.23 ISK 391

$1.53 R$7.76

111.11%

Tomato (1kg)

$6.46 ISK 783

$1.37 R$6.94

371.53%

Potato (1kg)

$4.05 ISK 491

$1.30 R$6.60

211.54%

Onion (1kg)

$1.66 ISK 202

$1.24 R$6.29

33.87%

Lettuce (1 head)

$3.86 ISK 468

$0.99 R$5.01

289.90%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.85 R$4.31

116.47%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.43 R$12.34

474.49%

Wine (Bottle)

$23.76 ISK 2,882

$8.08 R$40.96

194.06%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.56 R$7.89

126.92%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$2.51 R$12.74

37.05%

One-way Ticket (Public Transport)

$5.81 ISK 705

$1.00 R$5.05

481.00%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

$43.39 R$220

119.71%

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.17 R$5.93

474.36%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$0.72 R$3.66

290.28%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$8.38 R$42.46

870.64%

Gasoline (1 liter)

$2.12 ISK 257

$1.28 R$6.48

65.63%

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

$68.9K ISK 8.4M

$24.0K R$121.6K

187.37%

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

$55.8K ISK 6.8M

$32.0K R$162.0K

74.57%

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

$95.8 ISK 11.6K

$67.4 R$342

42.09%

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

$33.11 ISK 4,016

$15.00 R$76.1

120.73%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$22.66 R$115

284.60%

Gym Membership (Monthly)

$101 ISK 12.3K

$25.76 R$131

292.39%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

$27.49 R$139

84.58%

Cinema Ticket

$19.85 ISK 2,407

$8.17 R$41.40

142.96%

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

$1,195 ISK 144.9K

$443 R$2,246

169.64%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$10.8K R$54.8K

142.43%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$64.4 R$326

130.36%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$57.0 R$289

17.13%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$88.5 R$449

110.78%

Men's Leather Business Shoes

$253 ISK 30.6K

$79.4 R$402

218.21%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

$354 R$1,797

627.63%

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

$242 R$1,225

760.64%

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$687 R$3,485

402.57%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

$475 R$2,410

478.82%

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

$1,693 R$8,582

368.62%

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

$1,181 R$5,984

440.20%

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

$419 R$2,122

1021.58%

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 20, 2026

Last update for Passos: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

Passos

$242 25.3% 88.4% $1.8K

Groceries & Markets

Reykjavik

$619 15.4%

Passos

$221 23.1% 64.4% $399

Eating Out

Reykjavik

$532 13.2%

Passos

$164 17.2% 69.2% $369

Clothing & Footwear

Reykjavik

$294 7.3%

Passos

$130 13.6% 55.8% $164

Monthly Utilities & Internet

Reykjavik

$216 5.4%

Passos

$105 11% 51.4% $111

Sport & Entertainment

Reykjavik

$141 3.5%

Passos

$42 4.4% 70.1% $99

Getting Around

Reykjavik

$139 3.5%

Passos

$52 5.5% 62.6% $87

Cost Breakdown

A one-bedroom apartment in the center runs $2,579 in Reykjavik and $354 in Passos. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 1022% 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 $36.00 in Passos for a mid-range dinner for two. Groceries echo the gap at $619 vs $221 per month, with Passos cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Passos

🕒 Local time

08:03 8:03 AM

05:03 5:03 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

111,939

💱 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 22, 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 22, 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 Passos 9,670 km ≈ 13 h nonstop flight

From you

Reykjavik
Passos

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 Passos: Cost of Living - Frequently Asked Questions

Reykjavik and Passos differ by about 321% in total monthly costs ($4,023 vs $956 including rent). Passos is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 1022% 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 $354 in Passos. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 181% higher in Reykjavik. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Passos – a meal for two runs $36.00 versus $123 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

At $956 in Passos versus $4,023 in Reykjavik, a $2,000 budget is realistic in Passos but tight or insufficient in Reykjavik. The gap between the two cities makes Passos the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Reykjavik and Passos 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 Passos gentler on the wallet – expenses run 321% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.