Last update: Oct 2026

Cost of Living Comparison Between Teresina and Reykjavik

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.

37

Cost of Living Index in Teresina
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Teresina Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Teresina

🇧🇷 Brazil

$750

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Monthly Cost of Living

How much you'll spend in Teresina and in Reykjavik

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Teresina and in Reykjavik actually costs, broken down by who's living it.

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

Teresina $750
Reykjavik $4,037

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

Teresina $1,236
Reykjavik $5,666

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

Teresina $1,722
Reykjavik $7,295

Teresina is about 81% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$5.85 R$29.18

$30.59 ISK 3,730

-80.88%

Three-Course Dinner for Two, Mid-Range

$20.37 R$102

$136 ISK 16.5K

-84.97%

Fast Food Meal (McDonalds, etc)

$6.21 R$30.98

$27.08 ISK 3,302

-77.07%

Cappuccino

$2.14 R$10.69

$6.72 ISK 819

-68.15%

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

$1.09 R$5.44

$3.27 ISK 399

-66.67%

Water (0.33 liter bottle)

$0.76 R$3.81

$3.16 ISK 386

-75.95%

Local Beer (0.5 liter draught)

$1.54 R$7.66

$13.91 ISK 1,696

-88.93%

Imported Beer (0.33 liter bottle)

$3.18 R$15.88

$12.06 ISK 1,470

-73.63%

Milk (1 liter)

$1.50 R$7.48

$2.04 ISK 248

-26.47%

White Bread (500g)

$2.31 R$11.55

$4.32 ISK 527

-46.53%

Rice (white) (1kg)

$1.47 R$7.35

$3.67 ISK 447

-59.95%

Eggs

$4.45 R$22.21

$7.02 ISK 856

-36.61%

Local Cheese (1kg)

$7.83 R$39.08

$22.01 ISK 2,684

-64.43%

Chicken Fillets (1kg)

$4.29 R$21.42

$24.70 ISK 3,012

-82.63%

Beef Round Steak (1kg)

$6.70 R$33.45

$42.66 ISK 5,202

-84.29%

Apples (1kg)

$1.95 R$9.74

$3.37 ISK 412

-42.14%

Banana (1kg)

$0.96 R$4.79

$2.85 ISK 347

-66.32%

Oranges (1kg)

$0.95 R$4.76

$3.17 ISK 387

-70.03%

Tomato (1kg)

$1.30 R$6.51

$6.39 ISK 779

-79.66%

Potato (1kg)

$1.12 R$5.57

$4.01 ISK 489

-72.07%

Onion (1kg)

$0.96 R$4.78

$1.64 ISK 200

-41.46%

Lettuce (1 head)

$0.54 R$2.72

$3.80 ISK 463

-85.79%

Water (1.5 liter bottle)

$1.47 R$7.34

$1.74 ISK 212

-15.52%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 R$16.42

$13.80 ISK 1,682

-76.16%

Wine (Bottle)

$9.73 R$48.59

$23.38 ISK 2,851

-58.38%

Local Beer (0.5 liter bottle)

$1.42 R$7.07

$3.53 ISK 430

-59.77%

Imported Beer (0.33 liter bottle)

$2.95 R$14.71

$3.45 ISK 420

-14.49%

One-way Ticket (Public Transport)

$0.98 R$4.90

$5.77 ISK 704

-83.02%

Public Transport Monthly Pass (Regular Price)

$45.52 R$227

$95.1 ISK 11.6K

-52.15%

Taxi Start (Normal Tariff)

$1.63 R$8.15

$6.63 ISK 808

-75.41%

Taxi (Normal Tariff) (1km)

$0.77 R$3.86

$2.79 ISK 341

-72.40%

Taxi 1hour Waiting (Normal Tariff)

$8.15 R$40.68

$81.4 ISK 9,923

-89.98%

Gasoline (1 liter)

$1.17 R$5.86

$2.11 ISK 257

-44.55%

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

$23.8K R$118.6K

$50.8K ISK 6.2M

-53.25%

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

$32.0K R$159.7K

$52.7K ISK 6.4M

-39.32%

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

$77.3 R$386

$88.7 ISK 10.8K

-12.79%

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

$10.68 R$53.3

$31.53 ISK 3,845

-66.13%

Internet (50+ Mbps, Unlimited Data)

$17.75 R$88.6

$84.6 ISK 10.3K

-79.03%

Gym Membership (Monthly)

$21.47 R$107

$100 ISK 12.2K

-78.61%

Tennis Court (1 Hour on Weekend)

$13.12 R$65.5

$48.20 ISK 5,877

-72.78%

Cinema Ticket

$7.80 R$38.95

$19.87 ISK 2,424

-60.74%

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

$575 R$2,871

$1,277 ISK 155.8K

-54.97%

International Primary School, 1 Child (Yearly)

$7,241 R$36.1K

$31.0K ISK 3.8M

-76.60%

Jeans (Levis 501 Or Similar)

$44.08 R$220

$161 ISK 19.6K

-72.60%

Summer Dress (H&M, Zara, etc)

$29.68 R$148

$64.9 ISK 7,914

-54.27%

Sport Shoes (Adidas, Nike)

$76.2 R$380

$183 ISK 22.3K

-58.27%

Men's Leather Business Shoes

$50.4 R$252

$254 ISK 31.0K

-80.13%

1-bedroom Apartment, City Center (Monthly)

$166 R$828

$2,499 ISK 304.8K

-93.36%

1-bedroom Apartment, Outside City Center (Monthly)

$151 R$755

$2,000 ISK 243.9K

-92.44%

3-bedroom Apartment, City Center (Monthly)

$413 R$2,063

$3,452 ISK 421.0K

-88.03%

3-bedroom Apartment, Outside City Center (Monthly)

$431 R$2,150

$2,742 ISK 334.4K

-84.29%

Buy Apartment in City Center (m2)

$1,388 R$6,927

$8,001 ISK 975.7K

-82.66%

Buy Apartment Outside City Center (m2)

$765 R$3,817

$6,249 ISK 762.1K

-87.76%

Average Monthly Net Salary (After Tax)

$402 R$2,004

$4,691 ISK 572.0K

-91.44%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

24.86%

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

Last update for Teresina: October 3, 2026

Last update for Reykjavik: October 4, 2026

Monthly budget structure

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

Groceries & Markets

Teresina

$210 27.6%

Reykjavik

$625 15.9% 197% $415

Accommodation & Living

Teresina

$151 19.8%

Reykjavik

$2K 50.9% 1223% $1.8K

Eating Out

Teresina

$113 14.8%

Reykjavik

$526 13.4% 367% $413

Monthly Utilities & Internet

Teresina

$106 13.9%

Reykjavik

$205 5.2% 93.7% $99

Clothing & Footwear

Teresina

$90 11.8%

Reykjavik

$298 7.6% 230% $208

Getting Around

Teresina

$55 7.2%

Reykjavik

$139 3.5% 153% $84

Sport & Entertainment

Teresina

$37 4.9%

Reykjavik

$140 3.6% 278% $103

Cost Breakdown

A central one-bedroom costs $166 in Teresina versus $2,499 in Reykjavik. 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 $20.00 in Teresina versus $136 in Reykjavik. Monthly groceries follow the same trend: $210 vs $625 – making Teresina the more affordable choice for daily food spending.

Good to know

🇧🇷 Teresina

🇮🇸 Reykjavik

🕒 Local time

07:37 7:37 AM

10:37 10:37 AM

3 h ahead of Teresina

🌤 Weather

👥 Population

866,300

136,894 Capital

💱 Currency

Brazilian Real BRL R$

Icelandic Króna ISK kr

📈 Exchange rate

1 BRL = 0.2 USD

1 BRL = 0.179 EUR

1,000 ISK = 8.2 USD

1,000 ISK = 7.32 EUR

Exchange rates and currency converter

ISK, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

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).

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).

USD to BRL in detail →

On the map

Lowest

Highest

Between locations

Teresina Reykjavik 7,890 km ≈ 10 h nonstop flight

From you

Teresina
Reykjavik

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

Teresina vs Reykjavik: 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 $1,125 per month in Teresina and $6,055 in Reykjavik. 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 $750 in Teresina and $4,037 in Reykjavik. 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.