Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Praia Grande

For one person, living is cheaper in Praia Grande: $842 a month against $4,002 in Reykjavik, rent and utilities included – about $37,900 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
41

Cost of Living Index in Praia Grande
Learn more

Praia Grande Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Praia Grande

🇧🇷 Brazil

$842

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Praia Grande

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

Monthly costs for one person with rent: $4,002 in Reykjavik versus $842 in Praia Grande.

Reykjavik $4,002
Praia Grande $842

Estimated couple costs with rent: $5,705 in Reykjavik versus $1,411 in Praia Grande.

Reykjavik $5,705
Praia Grande $1,411

Monthly costs for a family of three with rent: $7,407 in Reykjavik versus $1,980 in Praia Grande.

Reykjavik $7,407
Praia Grande $1,980

Living in Reykjavik is roughly 375% more expensive than in Praia Grande, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Reykjavik is 196% above, Praia Grande is 38% below.

Meal at Budget Restaurant

$31.56 ISK 3,834

$5.34 R$26.79

491.01%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.9K

$36.70 R$184

233.38%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,263

$7.60 R$38.11

253.42%

Cappuccino

$6.81 ISK 828

$1.95 R$9.79

249.23%

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

$3.39 ISK 411

$1.29 R$6.45

162.79%

Water (0.33 liter bottle)

$3.20 ISK 389

$0.56 R$2.83

471.43%

Local Beer (0.5 liter draught)

$14.14 ISK 1,717

$1.93 R$9.69

632.64%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,495

$3.89 R$19.53

216.45%

Milk (1 liter)

$2.10 ISK 255

$1.01 R$5.09

107.92%

White Bread (500g)

$4.19 ISK 509

$1.61 R$8.06

160.25%

Rice (white) (1kg)

$3.72 ISK 452

$0.99 R$4.99

275.76%

Eggs

$7.05 ISK 857

$1.85 R$9.28

281.08%

Local Cheese (1kg)

$21.56 ISK 2,619

$10.76 R$54.0

100.37%

Chicken Fillets (1kg)

$24.68 ISK 2,998

$2.96 R$14.84

733.78%

Beef Round Steak (1kg)

$42.19 ISK 5,125

$6.16 R$30.89

584.90%

Apples (1kg)

$3.23 ISK 393

$1.69 R$8.50

91.12%

Banana (1kg)

$2.73 ISK 332

$1.22 R$6.12

123.77%

Oranges (1kg)

$3.17 ISK 385

$1.26 R$6.33

151.59%

Tomato (1kg)

$6.61 ISK 804

$1.33 R$6.69

396.99%

Potato (1kg)

$3.85 ISK 467

$1.26 R$6.34

205.56%

Onion (1kg)

$1.66 ISK 201

$1.20 R$6.03

38.33%

Lettuce (1 head)

$3.80 ISK 462

$0.57 R$2.88

566.67%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.82 R$4.14

113.41%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,665

$2.24 R$11.26

512.05%

Wine (Bottle)

$24.21 ISK 2,942

$7.30 R$36.62

231.64%

Local Beer (0.5 liter bottle)

$3.53 ISK 429

$0.98 R$4.92

260.20%

Imported Beer (0.33 liter bottle)

$3.32 ISK 403

$2.52 R$12.67

31.75%

One-way Ticket (Public Transport)

$5.75 ISK 698

$1.01 R$5.08

469.31%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$48.59 R$244

93.06%

Taxi Start (Normal Tariff)

$6.61 ISK 804

$1.03 R$5.15

541.75%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.78 R$3.92

271.79%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,617

$8.37 R$42.01

845.76%

Gasoline (1 liter)

$2.09 ISK 254

$1.24 R$6.22

68.55%

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

$51.0K ISK 6.2M

$23.8K R$119.2K

114.76%

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

$53.3K ISK 6.5M

$31.8K R$159.6K

67.52%

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

$95.3 ISK 11.6K

$67.0 R$336

42.14%

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

$32.35 ISK 3,929

$12.08 R$60.6

167.80%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$19.65 R$98.6

345.50%

Gym Membership (Monthly)

$102 ISK 12.4K

$33.02 R$166

208.48%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,083

$14.00 R$70.3

257.71%

Cinema Ticket

$19.88 ISK 2,415

$8.06 R$40.46

146.65%

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

$1,194 ISK 145.0K

$121 R$608

884.97%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$8,534 R$42.8K

197.74%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$64.5 R$324

130.98%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,093

$37.63 R$189

77.04%

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

$59.2 R$297

204.01%

Men's Leather Business Shoes

$253 ISK 30.8K

$79.5 R$399

218.66%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.7K

$419 R$2,104

507.94%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.8K

$241 R$1,208

754.13%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.9K

$795 R$3,986

340.21%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.7K

$595 R$2,986

364.31%

Buy Apartment in City Center (m2)

$8,120 ISK 986.4K

$1,477 R$7,410

449.83%

Buy Apartment Outside City Center (m2)

$6,254 ISK 759.7K

$5,026 R$25.2K

24.43%

Average Monthly Net Salary (After Tax)

$4,573 ISK 555.5K

$438 R$2,195

945.17%

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 Praia Grande: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Praia Grande

$241 28.6% 88.3% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

Praia Grande

$174 20.6% 72.1% $449

Eating Out

Reykjavik

$536 13.4%

Praia Grande

$114 13.5% 78.8% $423

Clothing & Footwear

Reykjavik

$292 7.3%

Praia Grande

$108 12.9% 62.9% $184

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Praia Grande

$99 11.7% 54.1% $116

Sport & Entertainment

Reykjavik

$142 3.5%

Praia Grande

$49 5.8% 65.3% $92

Getting Around

Reykjavik

$138 3.5%

Praia Grande

$58 6.8% 58.3% $80

Cost Breakdown

A one-bedroom apartment in the center runs $2,549 in Reykjavik and $419 in Praia Grande. Housing cost is often the main lever when comparing two cities.

Reykjavik pays 945% 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: $122 in Reykjavik vs $37.00 in Praia Grande for a mid-range dinner for two. Groceries echo the gap at $623 vs $174 per month, with Praia Grande cheaper across the board.

Good to know

🇮🇸 Reykjavik

🇧🇷 Praia Grande

🕒 Local time

18:23 6:23 PM

15:23 3:23 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

349,935

💱 Currency

Icelandic Króna ISK kr

Brazilian Real BRL R$

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.35 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 14, 2026: 1 USD = 121 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

Brazilian Real exchange rates as of October 14, 2026: 1 USD = 5.02 BRL (1 BRL = 0.199 USD). 1 EUR = 5.62 BRL (1 BRL = 0.178 EUR).

USD to ISK in detail →

On the map

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Highest

Between locations

Reykjavik Praia Grande 10,030 km ≈ 13 h nonstop flight

From you

Reykjavik
Praia Grande

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 Praia Grande: Cost of Living - Frequently Asked Questions

Reykjavik and Praia Grande differ by about 375% in total monthly costs ($4,002 vs $842 including rent). Praia Grande is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 945% 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: $2,549 in Reykjavik versus $419 in Praia Grande. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 259% higher in Reykjavik. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Praia Grande – a meal for two runs $37.00 versus $122 in Reykjavik. If you eat out regularly, this makes a real dent in your monthly spending.

At $842 in Praia Grande versus $4,002 in Reykjavik, a $2,000 budget is realistic in Praia Grande but tight or insufficient in Reykjavik. The gap between the two cities makes Praia Grande 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 Praia Grande 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 Praia Grande gentler on the wallet – expenses run 375% less than in Reykjavik. Beyond cost, consider language, visa policies, and how big the international community is in each city.