Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Ubud, Bali

For one person, living is cheaper in Ubud, Bali: $1,368 a month against $4,002 in Reykjavik, rent and utilities included – about $31,600 less a year. Rent and utilities account for about half of the difference.

193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index
67

Cost of Living Index in Ubud, Bali
Learn more

Ubud, Bali Living Index

Jump to prices

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Ubud, Bali

🇮🇩 Indonesia

$1,368

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Ubud, Bali

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

A single person spends $4,002 per month in Reykjavik vs $1,368 in Ubud, Bali, rent included.

Reykjavik $4,002
Ubud, Bali $1,368

A couple spends around $5,705 per month in Reykjavik vs $2,314 in Ubud, Bali, rent included.

Reykjavik $5,705
Ubud, Bali $2,314

A family of three spends $7,407 per month in Reykjavik vs $3,260 in Ubud, Bali, rent included.

Reykjavik $7,407
Ubud, Bali $3,260

Reykjavik costs about 193% more than Ubud, Bali, and outside of rent the biggest gap is in eating out.

Both Reykjavik and Ubud, Bali sit above the global median – Reykjavik by 196%, Ubud, Bali by 1%.

Meal at Budget Restaurant

$31.56 ISK 3,828

$3.33 Rp 59.9K

847.75%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$35.18 Rp 633.2K

247.78%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$5.80 Rp 104.5K

363.10%

Cappuccino

$6.81 ISK 827

$2.73 Rp 49.1K

149.45%

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

$3.39 ISK 411

$1.64 Rp 29.5K

106.71%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.83 Rp 15.0K

285.54%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$2.70 Rp 48.6K

423.70%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$4.30 Rp 77.4K

186.28%

Milk (1 liter)

$2.10 ISK 255

$1.50 Rp 27.1K

40.00%

White Bread (500g)

$4.19 ISK 508

$2.30 Rp 41.4K

82.17%

Rice (white) (1kg)

$3.72 ISK 451

$1.18 Rp 21.2K

215.25%

Eggs

$7.05 ISK 856

$2.14 Rp 38.6K

229.44%

Local Cheese (1kg)

$21.56 ISK 2,615

$17.48 Rp 314.6K

23.34%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$4.03 Rp 72.5K

512.41%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$12.23 Rp 220.1K

244.97%

Apples (1kg)

$3.23 ISK 392

$3.55 Rp 63.9K

-9.01%

Banana (1kg)

$2.73 ISK 331

$1.57 Rp 28.3K

73.89%

Oranges (1kg)

$3.17 ISK 384

$2.24 Rp 40.2K

41.52%

Tomato (1kg)

$6.61 ISK 802

$1.93 Rp 34.7K

242.49%

Potato (1kg)

$3.85 ISK 467

$1.88 Rp 33.9K

104.79%

Onion (1kg)

$1.66 ISK 201

$2.29 Rp 41.3K

-27.51%

Lettuce (1 head)

$3.80 ISK 461

$0.99 Rp 17.9K

283.84%

Water (1.5 liter bottle)

$1.75 ISK 212

$0.53 Rp 9,475

230.19%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$2.28 Rp 41.1K

501.32%

Wine (Bottle)

$24.21 ISK 2,937

$23.01 Rp 414.2K

5.22%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$2.34 Rp 42.2K

50.85%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$2.91 Rp 52.4K

14.09%

One-way Ticket (Public Transport)

$5.75 ISK 697

$0.24 Rp 4,315

2295.83%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$8.82 Rp 158.7K

963.61%

Taxi Start (Normal Tariff)

$6.61 ISK 802

$0.48 Rp 8,684

1277.08%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$0.46 Rp 8,233

530.43%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$5.45 Rp 98.2K

1352.48%

Gasoline (1 liter)

$2.09 ISK 253

$0.88 Rp 15.9K

137.50%

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

$51.0K ISK 6.2M

$24.6K Rp 442.2M

107.65%

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

$53.3K ISK 6.5M

$31.2K Rp 561.4M

70.81%

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

$95.3 ISK 11.6K

$83.0 Rp 1.5M

14.76%

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

$32.35 ISK 3,923

$6.45 Rp 116.0K

401.55%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$18.57 Rp 334.2K

371.41%

Gym Membership (Monthly)

$102 ISK 12.4K

$55.8 Rp 1.0M

82.48%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

$18.11 Rp 326.0K

176.53%

Cinema Ticket

$19.88 ISK 2,412

$4.38 Rp 78.9K

353.88%

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

$1,194 ISK 144.8K

$493 Rp 8.9M

142.19%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$5,754 Rp 103.6M

341.63%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$46.19 Rp 831.4K

222.65%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$35.33 Rp 636.0K

88.56%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$79.1 Rp 1.4M

127.44%

Men's Leather Business Shoes

$253 ISK 30.7K

$78.4 Rp 1.4M

223.05%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$1,142 Rp 20.6M

123.12%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$676 Rp 12.2M

204.30%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$3,503 Rp 63.1M

-0.16%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$1,700 Rp 30.6M

62.59%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$2,784 Rp 50.1M

191.66%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$2,241 Rp 40.3M

179.12%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$165 Rp 3.0M

2678.99%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

13.78

-36.07%

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

Last update for Reykjavik: October 12, 2026

Last update for Ubud, Bali: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Ubud, Bali

$676 49.4% 67.1% $1.4K

Groceries & Markets

Reykjavik

$623 15.6%

Ubud, Bali

$290 21.2% 53.4% $332

Eating Out

Reykjavik

$536 13.4%

Ubud, Bali

$109 8% 79.7% $428

Clothing & Footwear

Reykjavik

$292 7.3%

Ubud, Bali

$108 7.9% 63.2% $184

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Ubud, Bali

$108 7.9% 49.8% $107

Sport & Entertainment

Reykjavik

$142 3.5%

Ubud, Bali

$65 4.7% 54.4% $77

Getting Around

Reykjavik

$138 3.5%

Ubud, Bali

$13 0.9% 90.9% $125

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $1,142 in Ubud, Bali. 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 2679% 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 $35.00 in Ubud, Bali. Monthly groceries follow the same trend: $623 vs $290 – making Ubud, Bali the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇮🇩 Ubud, Bali

🕒 Local time

00:11 12:11 AM

08:11 8:11 AM

8 h ahead of Reykjavik

🌤 Weather

👥 Population

136,894 Capital

74,800

💱 Currency

Icelandic Króna ISK kr

Indonesian Rupiah IDR Rp

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

100,000 IDR = 5.56 USD

100,000 IDR = 4.94 EUR

Exchange rates and currency converter

IDR, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 19, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Indonesian Rupiah exchange rates as of October 19, 2026: 1 USD = 18,000 IDR (100,000 IDR = 5.56 USD). 1 EUR = 20,236 IDR (100,000 IDR = 4.94 EUR).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Reykjavik Ubud, Bali 12,980 km ≈ 17 h nonstop flight

From you

Reykjavik
Ubud, Bali

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 Ubud, Bali: Cost of Living - Frequently Asked Questions

Reykjavik costs about 193% more than Ubud, Bali, and outside of rent the gap comes mainly from eating out. 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 $2,051 in Ubud, Bali. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ubud, Bali, 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 $1,368 in Ubud, Bali. That's a gap of about 193%.

Public transport costs about 964% less in Ubud, Bali. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,000 monthly budget goes further in Ubud, Bali, where all-in costs run around $1,368, than in Reykjavik at $4,002. In Ubud, Bali it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Ubud, Bali costs $1,368 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 Ubud, Bali. 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.