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 $1,396 per month in Ubud, Bali vs $4,048 in Reykjavik, rent included.

A couple spends around $2,334 per month in Ubud, Bali vs $5,736 in Reykjavik, rent included.

A family of three spends $3,273 per month in Ubud, Bali vs $7,424 in Reykjavik, rent included.

Ubud, Bali is about 66% cheaper than Reykjavik, driven mainly by Eating Out.

Both Ubud, Bali and Reykjavik sit above the global median – Ubud, Bali by 2%, Reykjavik by 195%.

Meal at Budget Restaurant

$3.37 Rp 59.9K

$30.26 ISK 3,667

-88.86%

Three-Course Dinner for Two, Mid-Range

$38.59 Rp 685.5K

$135 ISK 16.4K

-71.51%

Fast Food Meal (McDonalds, etc)

$5.52 Rp 98.1K

$26.29 ISK 3,186

-79.00%

Cappuccino

$2.64 Rp 47.0K

$6.95 ISK 842

-62.01%

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

$1.67 Rp 29.7K

$3.30 ISK 400

-49.39%

Water (0.33 liter bottle)

$0.77 Rp 13.7K

$3.35 ISK 406

-77.01%

Local Beer (0.5 liter draught)

$2.63 Rp 46.8K

$14.06 ISK 1,704

-81.29%

Imported Beer (0.33 liter bottle)

$4.28 Rp 76.1K

$12.60 ISK 1,527

-66.03%

Milk (1 liter)

$1.55 Rp 27.5K

$2.10 ISK 254

-26.19%

White Bread (500g)

$2.22 Rp 39.5K

$4.47 ISK 542

-50.34%

Rice (white) (1kg)

$1.13 Rp 20.0K

$3.59 ISK 436

-68.52%

Eggs

$2.09 Rp 37.1K

$7.13 ISK 865

-70.69%

Local Cheese (1kg)

$17.39 Rp 309.0K

$21.34 ISK 2,586

-18.51%

Chicken Fillets (1kg)

$3.87 Rp 68.7K

$24.37 ISK 2,953

-84.12%

Beef Round Steak (1kg)

$12.55 Rp 222.9K

$42.10 ISK 5,102

-70.19%

Apples (1kg)

$3.62 Rp 64.2K

$3.35 ISK 406

8.06%

Banana (1kg)

$1.56 Rp 27.7K

$2.82 ISK 341

-44.68%

Oranges (1kg)

$2.35 Rp 41.8K

$3.21 ISK 389

-26.79%

Tomato (1kg)

$2.06 Rp 36.5K

$6.24 ISK 756

-66.99%

Potato (1kg)

$1.90 Rp 33.7K

$4.01 ISK 487

-52.62%

Onion (1kg)

$2.34 Rp 41.5K

$1.70 ISK 206

37.65%

Lettuce (1 head)

$1.03 Rp 18.3K

$3.83 ISK 464

-73.11%

Water (1.5 liter bottle)

$0.55 Rp 9,854

$1.78 ISK 216

-69.10%

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 Rp 40.0K

$13.75 ISK 1,666

-83.64%

Wine (Bottle)

$23.81 Rp 422.9K

$24.28 ISK 2,942

-1.94%

Local Beer (0.5 liter bottle)

$2.31 Rp 41.1K

$3.79 ISK 460

-39.05%

Imported Beer (0.33 liter bottle)

$2.80 Rp 49.8K

$3.45 ISK 418

-18.84%

One-way Ticket (Public Transport)

$0.27 Rp 4,839

$5.81 ISK 704

-95.35%

Public Transport Monthly Pass (Regular Price)

$8.66 Rp 153.9K

$92.7 ISK 11.2K

-90.66%

Taxi Start (Normal Tariff)

$0.48 Rp 8,554

$6.84 ISK 829

-92.98%

Taxi (Normal Tariff) (1km)

$0.45 Rp 7,924

$2.90 ISK 352

-84.48%

Taxi 1hour Waiting (Normal Tariff)

$5.72 Rp 101.6K

$74.5 ISK 9,033

-92.33%

Gasoline (1 liter)

$0.76 Rp 13.5K

$2.00 ISK 242

-62.00%

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

$24.5K Rp 434.9M

$50.6K ISK 6.1M

-51.58%

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

$32.1K Rp 570.6M

$53.4K ISK 6.5M

-39.87%

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

$83.6 Rp 1.5M

$89.6 ISK 10.9K

-6.73%

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

$6.46 Rp 114.7K

$33.11 ISK 4,013

-80.49%

Internet (50+ Mbps, Unlimited Data)

$18.99 Rp 337.4K

$85.1 ISK 10.3K

-77.70%

Gym Membership (Monthly)

$56.0 Rp 994.4K

$99.0 ISK 12.0K

-43.45%

Tennis Court (1 Hour on Weekend)

$18.62 Rp 330.7K

$50.3 ISK 6,100

-63.01%

Cinema Ticket

$4.28 Rp 76.1K

$19.43 ISK 2,354

-77.97%

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

$487 Rp 8.6M

$1,173 ISK 142.1K

-58.52%

International Primary School, 1 Child (Yearly)

$5,856 Rp 104.0M

$31.2K ISK 3.8M

-81.26%

Jeans (Levis 501 Or Similar)

$45.56 Rp 809.3K

$161 ISK 19.5K

-71.69%

Summer Dress (H&M, Zara, etc)

$36.38 Rp 646.3K

$65.1 ISK 7,890

-44.13%

Sport Shoes (Adidas, Nike)

$82.0 Rp 1.5M

$183 ISK 22.2K

-55.25%

Men's Leather Business Shoes

$80.4 Rp 1.4M

$249 ISK 30.2K

-67.74%

1-bedroom Apartment, City Center (Monthly)

$1,117 Rp 19.8M

$2,506 ISK 303.7K

-55.44%

1-bedroom Apartment, Outside City Center (Monthly)

$701 Rp 12.5M

$2,092 ISK 253.5K

-66.49%

3-bedroom Apartment, City Center (Monthly)

$3,537 Rp 62.8M

$3,408 ISK 413.0K

3.76%

3-bedroom Apartment, Outside City Center (Monthly)

$1,762 Rp 31.3M

$2,752 ISK 333.5K

-35.97%

Buy Apartment in City Center (m2)

$2,826 Rp 50.2M

$7,972 ISK 966.1K

-64.55%

Buy Apartment Outside City Center (m2)

$2,292 Rp 40.7M

$6,354 ISK 770.0K

-63.93%

Average Monthly Net Salary (After Tax)

$170 Rp 3.0M

$4,606 ISK 558.1K

-96.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.78

8.88

55.18%

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

Last update for Ubud, Bali: August 31, 2026

Last update for Reykjavik: August 29, 2026

Cost Breakdown

A central one-bedroom costs $1,117 in Ubud, Bali versus $2,506 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 2613% 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 $39.00 in Ubud, Bali versus $135 in Reykjavik. Monthly groceries follow the same trend: $293 vs $625 – 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 190% 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 $2,095 per month in Ubud, Bali and $6,073 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 $1,396 in Ubud, Bali and $4,048 in Reykjavik. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 971% 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 $1,396, than in Reykjavik at $4,048. 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 $1,396 versus $4,048 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.