Cost of Living Comparison Between Ubud, Bali and Reykjavik Cost of Living Comparison Between Ubud, Bali and Reykjavik

Monthly Cost of Living

A single person spends $1,408 per month in Ubud, Bali vs $3,869 in Reykjavik, rent included.

A couple spends around $2,585 per month in Ubud, Bali vs $5,475 in Reykjavik, rent included.

A family of three spends $3,763 per month in Ubud, Bali vs $7,081 in Reykjavik, rent included.

Ubud, Bali is about 64% cheaper than Reykjavik, driven mainly by Eating Out.

Both Ubud, Bali and Reykjavik sit above the global median – Ubud, Bali by 5%, Reykjavik by 190%.

Meal at Budget Restaurant

$3.45 Rp 62.0K

$27.43 ISK 3,418

-87.42%

Three-Course Dinner for Two, Mid-Range

$32.34 Rp 580.1K

$142 ISK 17.7K

-77.25%

Fast Food Meal (McDonalds, etc)

$4.84 Rp 86.9K

$22.54 ISK 2,809

-78.53%

Cappuccino

$2.75 Rp 49.3K

$6.05 ISK 754

-54.55%

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

$1.38 Rp 24.8K

$3.22 ISK 402

-57.14%

Water (0.33 liter bottle)

$0.75 Rp 13.5K

$2.52 ISK 314

-70.24%

Local Beer (0.5 liter draught)

$2.99 Rp 53.7K

$12.93 ISK 1,611

-76.88%

Imported Beer (0.33 liter bottle)

$3.85 Rp 69.1K

$11.39 ISK 1,420

-66.20%

Milk (1 liter)

$1.74 Rp 31.1K

$1.89 ISK 235

-7.94%

White Bread (500g)

$2.46 Rp 44.1K

$4.19 ISK 522

-41.29%

Rice (white) (1kg)

$1.17 Rp 21.0K

$3.54 ISK 441

-66.95%

Eggs

$2.43 Rp 43.6K

$6.31 ISK 786

-61.49%

Local Cheese (1kg)

$14.50 Rp 260.2K

$18.00 ISK 2,243

-19.44%

Chicken Fillets (1kg)

$4.35 Rp 78.0K

$24.46 ISK 3,048

-82.22%

Beef Round Steak (1kg)

$11.98 Rp 214.9K

$41.94 ISK 5,226

-71.44%

Apples (1kg)

$3.72 Rp 66.7K

$3.33 ISK 415

11.71%

Banana (1kg)

$1.63 Rp 29.2K

$2.40 ISK 300

-32.08%

Oranges (1kg)

$2.74 Rp 49.2K

$3.03 ISK 377

-9.57%

Tomato (1kg)

$2.24 Rp 40.2K

$5.13 ISK 639

-56.34%

Potato (1kg)

$1.92 Rp 34.4K

$3.66 ISK 455

-47.54%

Onion (1kg)

$2.28 Rp 40.8K

$2.42 ISK 302

-5.79%

Lettuce (1 head)

$1.06 Rp 19.1K

$3.17 ISK 394

-66.56%

Water (1.5 liter bottle)

$0.72 Rp 12.9K

$1.93 ISK 241

-62.69%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 Rp 58.9K

$13.76 ISK 1,714

-76.09%

Wine (Bottle)

$23.19 Rp 416.1K

$22.67 ISK 2,825

2.29%

Local Beer (0.5 liter bottle)

$2.78 Rp 49.8K

$3.75 ISK 467

-25.87%

Imported Beer (0.33 liter bottle)

$2.73 Rp 49.0K

$3.26 ISK 406

-16.26%

One-way Ticket (Public Transport)

$0.27 Rp 4,778

$5.30 ISK 661

-94.91%

Public Transport Monthly Pass (Regular Price)

$8.11 Rp 145.4K

$88.2 ISK 11.0K

-90.81%

Taxi Start (Normal Tariff)

$0.48 Rp 8,659

$6.51 ISK 811

-92.63%

Taxi (Normal Tariff) (1km)

$0.42 Rp 7,532

$2.57 ISK 321

-83.66%

Taxi 1hour Waiting (Normal Tariff)

$6.22 Rp 111.6K

$86.4 ISK 10.8K

-92.80%

Gasoline (1 liter)

$0.81 Rp 14.6K

$2.52 ISK 314

-67.86%

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

$26.6K Rp 477.4M

$47.7K ISK 5.9M

-44.26%

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

$32.2K Rp 577.4M

$51.8K ISK 6.5M

-37.92%

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

$78.4 Rp 1.4M

$87.1 ISK 10.9K

-10.05%

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

$4.07 Rp 73.0K

$27.13 ISK 3,380

-85.00%

Internet (50+ Mbps, Unlimited Data)

$24.33 Rp 436.4K

$85.4 ISK 10.6K

-71.51%

Gym Membership (Monthly)

$98.6 Rp 1.8M

$84.0 ISK 10.5K

17.35%

Tennis Court (1 Hour on Weekend)

$6.34 Rp 113.7K

$38.12 ISK 4,750

-83.37%

Cinema Ticket

$3.99 Rp 71.5K

$17.35 ISK 2,162

-77.00%

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

$305 Rp 5.5M

$319 ISK 39.8K

-4.44%

International Primary School, 1 Child (Yearly)

$6,642 Rp 119.2M

$30.7K ISK 3.8M

-78.35%

Jeans (Levis 501 Or Similar)

$54.1 Rp 971.2K

$138 ISK 17.1K

-60.63%

Summer Dress (H&M, Zara, etc)

$37.81 Rp 678.2K

$62.8 ISK 7,821

-39.76%

Sport Shoes (Adidas, Nike)

$86.8 Rp 1.6M

$182 ISK 22.7K

-52.31%

Men's Leather Business Shoes

$76.4 Rp 1.4M

$269 ISK 33.5K

-71.62%

1-bedroom Apartment, City Center (Monthly)

$992 Rp 17.8M

$2,254 ISK 280.8K

-55.99%

1-bedroom Apartment, Outside City Center (Monthly)

$673 Rp 12.1M

$2,008 ISK 250.2K

-66.49%

3-bedroom Apartment, City Center (Monthly)

$3,375 Rp 60.5M

$3,231 ISK 402.6K

4.45%

3-bedroom Apartment, Outside City Center (Monthly)

$2,050 Rp 36.8M

$2,756 ISK 343.4K

-25.62%

Buy Apartment in City Center (m2)

$2,805 Rp 50.3M

$7,955 ISK 991.2K

-64.75%

Buy Apartment Outside City Center (m2)

$2,227 Rp 39.9M

$6,156 ISK 767.1K

-63.83%

Average Monthly Net Salary (After Tax)

$167 Rp 3.0M

$4,438 ISK 553.0K

-96.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.28

9.63

37.90%

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

Last update for Ubud, Bali: July 11, 2026

Last update for Reykjavik: July 11, 2026

Cost Breakdown

A central one-bedroom costs $992 in Ubud, Bali versus $2,254 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 2558% 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 $32.00 in Ubud, Bali versus $142 in Reykjavik. Monthly groceries follow the same trend: $297 vs $593 – making Ubud, Bali the more affordable choice for daily food spending.

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

Ubud, Bali vs Reykjavik: Cost of Living - Frequently Asked Questions

Reykjavik costs about 175% more than Ubud, Bali, with the gap driven mainly by 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 $2,112 per month in Ubud, Bali and $5,803 in Reykjavik. 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 $1,408 in Ubud, Bali and $3,869 in Reykjavik. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 988% 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 $1,408, than in Reykjavik at $3,869. 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 $1,408 versus $3,869 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.