Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and San Pedro de Ycuamandiyú

For one person, living is cheaper in San Pedro de Ycuamandiyú: $580 a month against $4,023 in Reykjavik, rent and utilities included – about $41,300 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
28

Cost of Living Index in San Pedro de Ycuamandiyú
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San Pedro de Ycuamandiyú Living Index

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Reykjavik

🇮🇸 Iceland

$4,023

/mo nomad

San Pedro de Ycuamandiyú

🇵🇾 Paraguay

$580

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in San Pedro de Ycuamandiyú

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 San Pedro de Ycuamandiyú actually costs, broken down by who's living it.

A single person spends $4,023 per month in Reykjavik vs $580 in San Pedro de Ycuamandiyú, rent included.

Reykjavik $4,023
San Pedro de Ycuamandiyú $580

A couple spends around $5,708 per month in Reykjavik vs $940 in San Pedro de Ycuamandiyú, rent included.

Reykjavik $5,708
San Pedro de Ycuamandiyú $940

A family of three spends $7,393 per month in Reykjavik vs $1,301 in San Pedro de Ycuamandiyú, rent included.

Reykjavik $7,393
San Pedro de Ycuamandiyú $1,301

Reykjavik costs about 593% more than San Pedro de Ycuamandiyú, and outside of rent the biggest gap is in groceries.

Reykjavik sits 197% above the global median, while San Pedro de Ycuamandiyú is 57% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.00 ISK 3,760

$4.30 ₲24.4K

620.93%

Three-Course Dinner for Two, Mid-Range

$123 ISK 14.9K

$26.54 ₲150.9K

364.20%

Fast Food Meal (McDonalds, etc)

$27.21 ISK 3,300

$7.05 ₲40.1K

285.96%

Cappuccino

$6.90 ISK 837

$3.40 ₲19.3K

102.94%

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

$3.30 ISK 401

$1.07 ₲6,079

208.41%

Water (0.33 liter bottle)

$3.16 ISK 384

$0.62 ₲3,516

409.68%

Local Beer (0.5 liter draught)

$13.84 ISK 1,678

$1.91 ₲10.8K

624.61%

Imported Beer (0.33 liter bottle)

$12.46 ISK 1,512

$1.80 ₲10.3K

592.22%

Milk (1 liter)

$2.06 ISK 250

$0.96 ₲5,454

114.58%

White Bread (500g)

$4.11 ISK 498

$1.54 ₲8,784

166.88%

Rice (white) (1kg)

$3.68 ISK 446

$1.36 ₲7,706

170.59%

Eggs

$7.27 ISK 882

$1.93 ₲11.0K

276.68%

Local Cheese (1kg)

$21.79 ISK 2,643

$4.28 ₲24.3K

409.11%

Chicken Fillets (1kg)

$23.95 ISK 2,905

$5.42 ₲30.8K

341.88%

Beef Round Steak (1kg)

$41.43 ISK 5,025

$7.02 ₲39.9K

490.17%

Apples (1kg)

$3.42 ISK 414

$3.08 ₲17.5K

11.04%

Banana (1kg)

$2.84 ISK 344

$1.32 ₲7,510

115.15%

Oranges (1kg)

$3.23 ISK 391

$1.25 ₲7,104

158.40%

Tomato (1kg)

$6.46 ISK 783

$2.55 ₲14.5K

153.33%

Potato (1kg)

$4.05 ISK 491

$1.41 ₲8,008

187.23%

Onion (1kg)

$1.66 ISK 202

$1.36 ₲7,748

22.06%

Lettuce (1 head)

$3.86 ISK 468

$0.87 ₲4,962

343.68%

Water (1.5 liter bottle)

$1.84 ISK 223

$0.73 ₲4,173

152.05%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 ISK 1,693

$2.31 ₲13.1K

504.33%

Wine (Bottle)

$23.76 ISK 2,882

$9.44 ₲53.7K

151.69%

Local Beer (0.5 liter bottle)

$3.54 ISK 430

$1.35 ₲7,679

162.22%

Imported Beer (0.33 liter bottle)

$3.44 ISK 418

$1.74 ₲9,909

97.70%

One-way Ticket (Public Transport)

$5.81 ISK 705

$0.90 ₲5,091

545.56%

Public Transport Monthly Pass (Regular Price)

$95.3 ISK 11.6K

Taxi Start (Normal Tariff)

$6.72 ISK 815

$1.47 ₲8,372

357.14%

Taxi (Normal Tariff) (1km)

$2.81 ISK 340

$1.62 ₲9,196

73.46%

Taxi 1hour Waiting (Normal Tariff)

$81.3 ISK 9,866

$10.72 ₲60.9K

658.77%

Gasoline (1 liter)

$2.12 ISK 257

$1.03 ₲5,860

105.83%

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

$68.9K ISK 8.4M

$17.4K ₲99.2M

295.30%

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

$55.8K ISK 6.8M

$35.3K ₲200.9M

57.95%

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

$95.8 ISK 11.6K

$50.5 ₲287.1K

89.72%

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

$33.11 ISK 4,016

$17.99 ₲102.3K

84.05%

Internet (50+ Mbps, Unlimited Data)

$87.2 ISK 10.6K

$22.19 ₲126.2K

292.74%

Gym Membership (Monthly)

$101 ISK 12.3K

$17.52 ₲99.6K

476.94%

Tennis Court (1 Hour on Weekend)

$50.7 ISK 6,155

Cinema Ticket

$19.85 ISK 2,407

$8.53 ₲48.5K

132.71%

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

$1,195 ISK 144.9K

$189 ₲1.1M

532.33%

International Primary School, 1 Child (Yearly)

$26.2K ISK 3.2M

$5,931 ₲33.7M

342.12%

Jeans (Levis 501 Or Similar)

$148 ISK 18.0K

$64.4 ₲366.3K

130.15%

Summer Dress (H&M, Zara, etc)

$66.8 ISK 8,096

$58.2 ₲330.7K

14.79%

Sport Shoes (Adidas, Nike)

$187 ISK 22.6K

$109 ₲618.8K

71.44%

Men's Leather Business Shoes

$253 ISK 30.6K

$72.8 ₲413.7K

247.26%

1-bedroom Apartment, City Center (Monthly)

$2,579 ISK 312.8K

1-bedroom Apartment, Outside City Center (Monthly)

$2,080 ISK 252.3K

3-bedroom Apartment, City Center (Monthly)

$3,455 ISK 419.0K

$261 ₲1.5M

1223.15%

3-bedroom Apartment, Outside City Center (Monthly)

$2,752 ISK 333.8K

Buy Apartment in City Center (m2)

$7,933 ISK 962.2K

Buy Apartment Outside City Center (m2)

$6,377 ISK 773.5K

Average Monthly Net Salary (After Tax)

$4,695 ISK 569.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

10.5

-16.10%

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

Last update for Reykjavik: October 20, 2026

Last update for San Pedro de Ycuamandiyú: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.7%

San Pedro de Ycuamandiyú

- * 0% 100%

Groceries & Markets

Reykjavik

$619 15.4%

San Pedro de Ycuamandiyú

$189 32.5% 69.5% $431

Eating Out

Reykjavik

$532 13.2%

San Pedro de Ycuamandiyú

$116 20% 78.2% $416

Clothing & Footwear

Reykjavik

$294 7.3%

San Pedro de Ycuamandiyú

$137 23.6% 53.5% $158

Monthly Utilities & Internet

Reykjavik

$216 5.4%

San Pedro de Ycuamandiyú

$91 15.6% 58% $125

Sport & Entertainment

Reykjavik

$141 3.5%

San Pedro de Ycuamandiyú

$35 6% 75.4% $106

Getting Around

Reykjavik

$139 3.5%

San Pedro de Ycuamandiyú

$13 * 2.3% 90.6% $126

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $123 in Reykjavik versus $27.00 in San Pedro de Ycuamandiyú. Monthly groceries follow the same trend: $619 vs $189 – making San Pedro de Ycuamandiyú the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇵🇾 San Pedro de Ycuamandiyú

🕒 Local time

00:35 12:35 AM

21:35 9:35 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

11,548

💱 Currency

Icelandic Króna ISK kr

Paraguayan Guarani PYG ₲

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

Exchange rates and currency converter

PYG, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 21, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Paraguayan Guarani exchange rates as of October 21, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik San Pedro de Ycuamandiyú 10,270 km ≈ 13 h nonstop flight

From you

Reykjavik
San Pedro de Ycuamandiyú

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 San Pedro de Ycuamandiyú: Cost of Living - Frequently Asked Questions

Reykjavik costs about 593% more than San Pedro de Ycuamandiyú, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $6,034 per month in Reykjavik and $870 in San Pedro de Ycuamandiyú. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $4,023 in Reykjavik and $580 in San Pedro de Ycuamandiyú. That's a gap of about 593%.

Kindergarten costs $1,195 per month in Reykjavik and $189 in San Pedro de Ycuamandiyú. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in San Pedro de Ycuamandiyú, where all-in costs run around $580, than in Reykjavik at $4,023. In San Pedro de Ycuamandiyú it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. San Pedro de Ycuamandiyú costs $580 versus $4,023 in Reykjavik. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 San Pedro de Ycuamandiyú. 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.