Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Ubatuba

For one person, living is cheaper in Ubatuba: $855 a month against $4,002 in Reykjavik, rent and utilities included – about $37,800 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
42

Cost of Living Index in Ubatuba
Learn more

Ubatuba Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Ubatuba

🇧🇷 Brazil

$855

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Ubatuba

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

A single person spends $4,002 per month in Reykjavik vs $855 in Ubatuba, rent included.

Reykjavik $4,002
Ubatuba $855

A couple spends around $5,705 per month in Reykjavik vs $1,360 in Ubatuba, rent included.

Reykjavik $5,705
Ubatuba $1,360

A family of three spends $7,407 per month in Reykjavik vs $1,865 in Ubatuba, rent included.

Reykjavik $7,407
Ubatuba $1,865

Reykjavik costs about 368% more than Ubatuba, and outside of rent the biggest gap is in groceries.

Reykjavik sits 196% above the global median, while Ubatuba is 37% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$31.56 ISK 3,828

$7.59 R$38.48

315.81%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$29.05 R$147

321.17%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$5.09 R$25.78

427.70%

Cappuccino

$6.81 ISK 827

$1.46 R$7.40

366.44%

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

$3.39 ISK 411

$1.29 R$6.52

162.79%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.93 R$4.72

244.09%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$2.43 R$12.32

481.89%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$3.92 R$19.85

214.03%

Milk (1 liter)

$2.10 ISK 255

$1.06 R$5.38

98.11%

White Bread (500g)

$4.19 ISK 508

$1.85 R$9.37

126.49%

Rice (white) (1kg)

$3.72 ISK 451

$1.39 R$7.04

167.63%

Eggs

$7.05 ISK 856

$2.51 R$12.73

180.88%

Local Cheese (1kg)

$21.56 ISK 2,615

$2.97 R$15.06

625.93%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$4.06 R$20.58

507.88%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$8.22 R$41.69

413.26%

Apples (1kg)

$3.23 ISK 392

$1.63 R$8.24

98.16%

Banana (1kg)

$2.73 ISK 331

$1.23 R$6.24

121.95%

Oranges (1kg)

$3.17 ISK 384

$1.18 R$5.97

168.64%

Tomato (1kg)

$6.61 ISK 802

$1.40 R$7.11

372.14%

Potato (1kg)

$3.85 ISK 467

$1.17 R$5.95

229.06%

Onion (1kg)

$1.66 ISK 201

$1.19 R$6.02

39.50%

Lettuce (1 head)

$3.80 ISK 461

$0.93 R$4.74

308.60%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.63 R$3.18

177.78%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.55 R$12.90

437.65%

Wine (Bottle)

$24.21 ISK 2,937

$8.08 R$40.96

199.63%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$1.58 R$8.03

123.42%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.62 R$13.27

26.72%

One-way Ticket (Public Transport)

$5.75 ISK 697

$1.01 R$5.13

469.31%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

Taxi Start (Normal Tariff)

$6.61 ISK 802

$1.22 R$6.19

441.80%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.73 R$3.72

297.26%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$8.73 R$44.27

806.76%

Gasoline (1 liter)

$2.09 ISK 253

$1.29 R$6.56

62.02%

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

$51.0K ISK 6.2M

$24.1K R$122.1K

111.77%

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

$53.3K ISK 6.5M

$32.8K R$166.1K

62.54%

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

$95.3 ISK 11.6K

$66.0 R$334

44.38%

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

$32.35 ISK 3,923

$9.01 R$45.69

259.05%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$19.76 R$100

343.02%

Gym Membership (Monthly)

$102 ISK 12.4K

$11.94 R$60.5

753.10%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

Cinema Ticket

$19.88 ISK 2,412

$7.81 R$39.58

154.55%

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

$1,194 ISK 144.8K

$438 R$2,223

172.34%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$11.1K R$56.4K

128.23%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$64.7 R$328

130.41%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$56.4 R$286

18.23%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$89.3 R$453

101.37%

Men's Leather Business Shoes

$253 ISK 30.7K

$79.8 R$405

217.30%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$396 R$2,007

543.99%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$298 R$1,512

589.19%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$816 R$4,135

328.80%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$612 R$3,102

351.64%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$1,797 R$9,110

351.86%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$385 R$1,952

1087.35%

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 Ubatuba: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Ubatuba

$298 34.9% 85.5% $1.8K

Groceries & Markets

Reykjavik

$623 15.6%

Ubatuba

$172 20.2% 72.3% $450

Eating Out

Reykjavik

$536 13.4%

Ubatuba

$122 14.3% 77.2% $414

Clothing & Footwear

Reykjavik

$292 7.3%

Ubatuba

$131 15.3% 55.3% $161

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Ubatuba

$95 11.1% 56% $120

Sport & Entertainment

Reykjavik

$142 3.5%

Ubatuba

$28 3.2% 80.5% $114

Getting Around

Reykjavik

$138 3.5%

Ubatuba

$8.9 * 1.1% 93.5% $129

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

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $396 in Ubatuba. 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 1087% 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 $122 in Reykjavik versus $29.00 in Ubatuba. Monthly groceries follow the same trend: $623 vs $172 – making Ubatuba the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇧🇷 Ubatuba

🕒 Local time

04:17 4:17 AM

01:17 1:17 AM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

92,981

💱 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 18, 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 18, 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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Highest

Between locations

Reykjavik Ubatuba 9,940 km ≈ 13 h nonstop flight

From you

Reykjavik
Ubatuba

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 Ubatuba: Cost of Living - Frequently Asked Questions

Reykjavik costs about 368% more than Ubatuba, 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 $6,003 per month in Reykjavik and $1,282 in Ubatuba. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ubatuba, 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 $4,002 in Reykjavik and $855 in Ubatuba. That's a gap of about 368%.

Kindergarten costs $1,194 per month in Reykjavik and $438 in Ubatuba. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Ubatuba, where all-in costs run around $855, than in Reykjavik at $4,002. In Ubatuba it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Ubatuba costs $855 versus $4,002 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 Ubatuba. 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.