Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Porto Seguro

For one person, living is cheaper in Porto Seguro: $775 a month against $4,037 in Reykjavik, rent and utilities included – about $39,100 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
38

Cost of Living Index in Porto Seguro
Learn more

Porto Seguro Living Index

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Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Porto Seguro

🇧🇷 Brazil

$775

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Porto Seguro

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

A single person spends $4,037 per month in Reykjavik vs $775 in Porto Seguro, rent included.

Reykjavik $4,037
Porto Seguro $775

A couple spends around $5,666 per month in Reykjavik vs $1,327 in Porto Seguro, rent included.

Reykjavik $5,666
Porto Seguro $1,327

A family of three spends $7,295 per month in Reykjavik vs $1,879 in Porto Seguro, rent included.

Reykjavik $7,295
Porto Seguro $1,879

Reykjavik costs about 421% more than Porto Seguro, and outside of rent the biggest gap is in groceries.

Reykjavik sits 201% above the global median, while Porto Seguro is 42% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$30.59 ISK 3,730

$6.15 R$30.72

397.40%

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.5K

$19.86 R$99.1

582.33%

Fast Food Meal (McDonalds, etc)

$27.08 ISK 3,302

$7.28 R$36.36

271.98%

Cappuccino

$6.72 ISK 819

$2.19 R$10.93

206.85%

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

$3.27 ISK 399

$1.21 R$6.05

170.25%

Water (0.33 liter bottle)

$3.16 ISK 386

$0.63 R$3.14

401.59%

Local Beer (0.5 liter draught)

$13.91 ISK 1,696

$1.76 R$8.76

690.34%

Imported Beer (0.33 liter bottle)

$12.06 ISK 1,470

$3.18 R$15.88

279.25%

Milk (1 liter)

$2.04 ISK 248

$1.43 R$7.14

42.66%

White Bread (500g)

$4.32 ISK 527

$1.50 R$7.49

188.00%

Rice (white) (1kg)

$3.67 ISK 447

$1.54 R$7.71

138.31%

Eggs

$7.02 ISK 856

$4.46 R$22.25

57.40%

Local Cheese (1kg)

$22.01 ISK 2,684

$9.27 R$46.28

137.43%

Chicken Fillets (1kg)

$24.70 ISK 3,012

$4.21 R$21.00

486.70%

Beef Round Steak (1kg)

$42.66 ISK 5,202

$8.72 R$43.53

389.22%

Apples (1kg)

$3.37 ISK 412

$2.26 R$11.27

49.12%

Banana (1kg)

$2.85 ISK 347

$1.38 R$6.88

106.52%

Oranges (1kg)

$3.17 ISK 387

$1.17 R$5.85

170.94%

Tomato (1kg)

$6.39 ISK 779

$1.63 R$8.15

292.02%

Potato (1kg)

$4.01 ISK 489

$1.51 R$7.55

165.56%

Onion (1kg)

$1.64 ISK 200

$1.22 R$6.09

34.43%

Lettuce (1 head)

$3.80 ISK 463

$0.71 R$3.55

435.21%

Water (1.5 liter bottle)

$1.74 ISK 212

$1.42 R$7.09

22.54%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,682

$2.58 R$12.87

434.88%

Wine (Bottle)

$23.38 ISK 2,851

$6.13 R$30.62

281.40%

Local Beer (0.5 liter bottle)

$3.53 ISK 430

$1.67 R$8.35

111.38%

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

$3.09 R$15.42

11.65%

One-way Ticket (Public Transport)

$5.77 ISK 704

$1.19 R$5.93

384.87%

Public Transport Monthly Pass (Regular Price)

$95.1 ISK 11.6K

$44.22 R$221

115.15%

Taxi Start (Normal Tariff)

$6.63 ISK 808

$1.33 R$6.65

398.50%

Taxi (Normal Tariff) (1km)

$2.79 ISK 341

$0.86 R$4.30

224.42%

Taxi 1hour Waiting (Normal Tariff)

$81.4 ISK 9,923

$7.79 R$38.87

944.54%

Gasoline (1 liter)

$2.11 ISK 257

$1.41 R$7.04

49.65%

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

$50.8K ISK 6.2M

$23.7K R$118.4K

114.16%

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

$52.7K ISK 6.4M

$32.5K R$162.1K

62.42%

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

$88.7 ISK 10.8K

$52.9 R$264

67.74%

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

$31.53 ISK 3,845

$9.49 R$47.38

232.24%

Internet (50+ Mbps, Unlimited Data)

$84.6 ISK 10.3K

$17.69 R$88.3

378.46%

Gym Membership (Monthly)

$100 ISK 12.2K

$23.73 R$118

323.01%

Tennis Court (1 Hour on Weekend)

$48.20 ISK 5,877

$30.29 R$151

59.13%

Cinema Ticket

$19.87 ISK 2,424

$7.29 R$36.37

172.57%

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

$1,277 ISK 155.8K

$320 R$1,599

298.88%

International Primary School, 1 Child (Yearly)

$31.0K ISK 3.8M

$7,092 R$35.4K

336.41%

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

$55.5 R$277

189.94%

Summer Dress (H&M, Zara, etc)

$64.9 ISK 7,914

$50.3 R$251

29.10%

Sport Shoes (Adidas, Nike)

$183 ISK 22.3K

$90.2 R$450

102.42%

Men's Leather Business Shoes

$254 ISK 31.0K

$73.4 R$366

246.12%

1-bedroom Apartment, City Center (Monthly)

$2,499 ISK 304.8K

$273 R$1,363

815.17%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 243.9K

$166 R$827

1107.87%

3-bedroom Apartment, City Center (Monthly)

$3,452 ISK 421.0K

$577 R$2,880

498.21%

3-bedroom Apartment, Outside City Center (Monthly)

$2,742 ISK 334.4K

$477 R$2,380

475.07%

Buy Apartment in City Center (m2)

$8,001 ISK 975.7K

$1,725 R$8,609

363.90%

Buy Apartment Outside City Center (m2)

$6,249 ISK 762.1K

$1,186 R$5,920

426.95%

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

$321 R$1,603

1360.99%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

-19.91%

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

Last update for Reykjavik: October 4, 2026

Last update for Porto Seguro: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2K 50.9%

Porto Seguro

$166 20.9% 91.7% $1.8K

Groceries & Markets

Reykjavik

$625 15.9%

Porto Seguro

$214 27% 65.7% $411

Eating Out

Reykjavik

$526 13.4%

Porto Seguro

$120 15.1% 77.2% $406

Clothing & Footwear

Reykjavik

$298 7.6%

Porto Seguro

$121 15.3% 59.3% $177

Monthly Utilities & Internet

Reykjavik

$205 5.2%

Porto Seguro

$80 10.1% 60.9% $125

Sport & Entertainment

Reykjavik

$140 3.6%

Porto Seguro

$38 4.8% 72.7% $102

Getting Around

Reykjavik

$139 3.5%

Porto Seguro

$55 6.9% 60.7% $84

Cost Breakdown

A central one-bedroom costs $2,499 in Reykjavik versus $273 in Porto Seguro. 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 1361% 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 $20.00 in Porto Seguro. Monthly groceries follow the same trend: $625 vs $214 – making Porto Seguro the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Porto Seguro

🕒 Local time

09:54 9:54 AM

06:54 6:54 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

168,326

💱 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 Porto Seguro 9,080 km ≈ 12 h nonstop flight

From you

Reykjavik
Porto Seguro

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 Porto Seguro: Cost of Living - Frequently Asked Questions

Yes – Reykjavik is pricier by about 421%, 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 $1,163 in Porto Seguro. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Porto Seguro, 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 $320 in Porto Seguro. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 192% 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 Porto Seguro, where all-in costs run around $775, than in Reykjavik at $4,037. In Porto Seguro it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

Families tend to lean toward Porto Seguro – 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 Porto Seguro. 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.