Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Teresina

For one person, living is cheaper in Teresina: $750 a month against $4,037 in Reykjavik, rent and utilities included – about $39,400 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
37

Cost of Living Index in Teresina
Learn more

Teresina Living Index

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Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Teresina

🇧🇷 Brazil

$750

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Teresina

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

A single person spends $4,037 per month in Reykjavik vs $750 in Teresina, rent included.

Reykjavik $4,037
Teresina $750

A couple spends around $5,666 per month in Reykjavik vs $1,236 in Teresina, rent included.

Reykjavik $5,666
Teresina $1,236

A family of three spends $7,295 per month in Reykjavik vs $1,722 in Teresina, rent included.

Reykjavik $7,295
Teresina $1,722

Reykjavik costs about 438% more than Teresina, and outside of rent the biggest gap is in groceries.

Reykjavik sits 201% above the global median, while Teresina is 44% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$30.59 ISK 3,730

$5.85 R$29.18

422.91%

Three-Course Dinner for Two, Mid-Range

$136 ISK 16.5K

$20.37 R$102

565.24%

Fast Food Meal (McDonalds, etc)

$27.08 ISK 3,302

$6.21 R$30.98

336.07%

Cappuccino

$6.72 ISK 819

$2.14 R$10.69

214.02%

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

$3.27 ISK 399

$1.09 R$5.44

200.00%

Water (0.33 liter bottle)

$3.16 ISK 386

$0.76 R$3.81

315.79%

Local Beer (0.5 liter draught)

$13.91 ISK 1,696

$1.54 R$7.66

803.25%

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

$1.50 R$7.48

36.00%

White Bread (500g)

$4.32 ISK 527

$2.31 R$11.55

87.01%

Rice (white) (1kg)

$3.67 ISK 447

$1.47 R$7.35

149.66%

Eggs

$7.02 ISK 856

$4.45 R$22.21

57.75%

Local Cheese (1kg)

$22.01 ISK 2,684

$7.83 R$39.08

181.10%

Chicken Fillets (1kg)

$24.70 ISK 3,012

$4.29 R$21.42

475.76%

Beef Round Steak (1kg)

$42.66 ISK 5,202

$6.70 R$33.45

536.72%

Apples (1kg)

$3.37 ISK 412

$1.95 R$9.74

72.82%

Banana (1kg)

$2.85 ISK 347

$0.96 R$4.79

196.88%

Oranges (1kg)

$3.17 ISK 387

$0.95 R$4.76

233.68%

Tomato (1kg)

$6.39 ISK 779

$1.30 R$6.51

391.54%

Potato (1kg)

$4.01 ISK 489

$1.12 R$5.57

258.04%

Onion (1kg)

$1.64 ISK 200

$0.96 R$4.78

70.83%

Lettuce (1 head)

$3.80 ISK 463

$0.54 R$2.72

603.70%

Water (1.5 liter bottle)

$1.74 ISK 212

$1.47 R$7.34

18.37%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 ISK 1,682

$3.29 R$16.42

319.45%

Wine (Bottle)

$23.38 ISK 2,851

$9.73 R$48.59

140.29%

Local Beer (0.5 liter bottle)

$3.53 ISK 430

$1.42 R$7.07

148.59%

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

$2.95 R$14.71

16.95%

One-way Ticket (Public Transport)

$5.77 ISK 704

$0.98 R$4.90

488.78%

Public Transport Monthly Pass (Regular Price)

$95.1 ISK 11.6K

$45.52 R$227

109.01%

Taxi Start (Normal Tariff)

$6.63 ISK 808

$1.63 R$8.15

306.75%

Taxi (Normal Tariff) (1km)

$2.79 ISK 341

$0.77 R$3.86

262.34%

Taxi 1hour Waiting (Normal Tariff)

$81.4 ISK 9,923

$8.15 R$40.68

898.40%

Gasoline (1 liter)

$2.11 ISK 257

$1.17 R$5.86

80.34%

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

$50.8K ISK 6.2M

$23.8K R$118.6K

113.92%

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

$52.7K ISK 6.4M

$32.0K R$159.7K

64.80%

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

$88.7 ISK 10.8K

$77.3 R$386

14.66%

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

$31.53 ISK 3,845

$10.68 R$53.3

195.22%

Internet (50+ Mbps, Unlimited Data)

$84.6 ISK 10.3K

$17.75 R$88.6

376.85%

Gym Membership (Monthly)

$100 ISK 12.2K

$21.47 R$107

367.54%

Tennis Court (1 Hour on Weekend)

$48.20 ISK 5,877

$13.12 R$65.5

267.38%

Cinema Ticket

$19.87 ISK 2,424

$7.80 R$38.95

154.74%

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

$1,277 ISK 155.8K

$575 R$2,871

122.08%

International Primary School, 1 Child (Yearly)

$31.0K ISK 3.8M

$7,241 R$36.1K

327.40%

Jeans (Levis 501 Or Similar)

$161 ISK 19.6K

$44.08 R$220

264.93%

Summer Dress (H&M, Zara, etc)

$64.9 ISK 7,914

$29.68 R$148

118.67%

Sport Shoes (Adidas, Nike)

$183 ISK 22.3K

$76.2 R$380

139.62%

Men's Leather Business Shoes

$254 ISK 31.0K

$50.4 R$252

403.33%

1-bedroom Apartment, City Center (Monthly)

$2,499 ISK 304.8K

$166 R$828

1406.39%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 243.9K

$151 R$755

1223.18%

3-bedroom Apartment, City Center (Monthly)

$3,452 ISK 421.0K

$413 R$2,063

735.42%

3-bedroom Apartment, Outside City Center (Monthly)

$2,742 ISK 334.4K

$431 R$2,150

536.70%

Buy Apartment in City Center (m2)

$8,001 ISK 975.7K

$1,388 R$6,927

476.57%

Buy Apartment Outside City Center (m2)

$6,249 ISK 762.1K

$765 R$3,817

717.20%

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

$402 R$2,004

1068.28%

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 Teresina: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2K 50.9%

Teresina

$151 19.8% 92.4% $1.8K

Groceries & Markets

Reykjavik

$625 15.9%

Teresina

$210 27.6% 66.4% $415

Eating Out

Reykjavik

$526 13.4%

Teresina

$113 14.8% 78.6% $413

Clothing & Footwear

Reykjavik

$298 7.6%

Teresina

$90 11.8% 69.7% $208

Monthly Utilities & Internet

Reykjavik

$205 5.2%

Teresina

$106 13.9% 48.4% $99

Sport & Entertainment

Reykjavik

$140 3.6%

Teresina

$37 4.9% 73.5% $103

Getting Around

Reykjavik

$139 3.5%

Teresina

$55 7.2% 60.4% $84

Cost Breakdown

A central one-bedroom costs $2,499 in Reykjavik versus $166 in Teresina. 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 1068% 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 Teresina. Monthly groceries follow the same trend: $625 vs $210 – making Teresina the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Teresina

🕒 Local time

12:24 12:24 PM

09:24 9:24 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

866,300

💱 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

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Highest

Between locations

Reykjavik Teresina 7,890 km ≈ 10 h nonstop flight

From you

Reykjavik
Teresina

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 Teresina: Cost of Living - Frequently Asked Questions

Reykjavik costs about 438% more than Teresina, 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 $6,055 per month in Reykjavik and $1,125 in Teresina. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $4,037 in Reykjavik and $750 in Teresina. That's a gap of about 438%.

Public transport costs about 109% less in Teresina. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Teresina, where all-in costs run around $750, than in Reykjavik at $4,037. In Teresina it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Teresina costs $750 versus $4,037 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 Teresina. 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.