Cost of living comparison

Reykjavik, Iceland

compared to

Rio De Janeiro, Brazil

Rio De Janeiro vs. Reykjavik Cost of Living Summary

Rio De Janeiro is 35.4% cheaper than Reykjavik.

Restaurants: pay 67.6% less in Rio De Janeiro
Groceries: pay 53.0% less in Rio De Janeiro
Transportation: pay 53.0% less in Rio De Janeiro
Housing: pay 48.2% less in Rio De Janeiro
Childcare: pay 91.5% more in Rio De Janeiro
Entertainment and Sports: pay 70.2% less in Rio De Janeiro
Clothing: pay 47.0% less in Rio De Janeiro

Expenses including entertainment and sports, restaurants, groceries, transportation, housing, and clothing are lower in Rio De Janeiro. Notably, childcare is significantly more expensive in Rio De Janeiro.

Rio De Janeiro vs. Reykjavik Cost Breakdown

If you lived in Rio De Janeiro instead of Reykjavik, you would:

Display currency: USD

pay 67.6% less for restaurants

	Reykjavik	Rio De Janeiro
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,527	$5.84 R$32.45	-70.8%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,277	$6.10 R$33.90	-66.2%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK399	$1.07 R$5.96	-66.0%
Bottle of water (11 fl. oz)	$2.19 ISK276	$0.71 R$3.97	-67.3%
Average			-67.6%

Reykjavik vs. Rio De Janeiro - Cost of restaurants

Improve prices · Change currency (USD)

pay 53.0% less for groceries

	Reykjavik	Rio De Janeiro
Bread 1 loaf	$3.61 ISK456	$1.60 R$8.91	-55.6%
Local cheese (8 oz)	$7.76 ISK980	$3.98 R$22.13	-48.7%
Milk (1 gallon)	$6.40 ISK809	$3.87 R$21.54	-39.5%
Eggs 1 dozen	$5.76 ISK727	$1.91 R$10.64	-66.8%
Boneless chicken breast (1 lb)	$9.45 ISK1,194	$1.42 R$7.92	-84.9%
Apples (1 lb)	$1.40 ISK177	$0.98 R$5.45	-30.1%
Bananas (1 lb)	$1.01 ISK128	$0.68 R$3.75	-33.1%
Oranges (1 lb)	$1.22 ISK154	$0.59 R$3.29	-51.3%
Tomatoes (1 lb)	$2.22 ISK281	$0.75 R$4.18	-66.2%
Potatoes (1 lb)	$1.43 ISK181	$0.53 R$2.96	-62.9%
Onions (1 lb)	$0.93 ISK118	$0.52 R$2.92	-43.9%
Average			-53.0%

Reykjavik vs. Rio De Janeiro - Cost of groceries

Improve prices · Change currency (USD)

pay 53.0% less for transportation

	Reykjavik	Rio De Janeiro
Gasoline (1 gallon)	$8.50 ISK1,074	$3.81 R$21.20	-55.2%
Monthly public transit pass	$74.95 ISK9,472	$49.64 R$276.02	-33.8%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,364,463	$19,245.44 R$107,010.44	-54.7%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,039	$7.68 R$42.71	-68.1%
Average			-53.0%

Reykjavik vs. Rio De Janeiro - Cost of transportation

Improve prices · Change currency (USD)

pay 48.2% less for housing

	Reykjavik	Rio De Janeiro
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,829	$19.76 R$109.88	-71.7%
1-Bedroom apartment in downtown area	$1,971.17 ISK249,097	$426.81 R$2,373.22	-78.3%
1-Bedroom apartment outside city center	$1,803.44 ISK227,901	$306.56 R$1,704.57	-83.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,818	$75.60 R$420.33	+40.1%
Average			-48.2%

Reykjavik vs. Rio De Janeiro - Cost of housing

Improve prices · Change currency (USD)

pay 91.5% more for childcare

	Reykjavik	Rio De Janeiro
Private preschool for 1 child, monthly	$252.14 ISK31,863	$530.28 R$2,948.54	+110.3%
Middle school for 1 child, two semesters	$5,993.99 ISK757,461	$10,354.19 R$57,572.42	+72.7%
Average			+91.5%

Reykjavik vs. Rio De Janeiro - Cost of childcare

Improve prices · Change currency (USD)

pay 70.2% less for entertainment and sports

	Reykjavik	Rio De Janeiro
Domestic/local beer (1 pint)	$10.81 ISK1,366	$1.74 R$9.69	-83.9%
Cappuccino in mid-range area	$5.31 ISK670	$1.88 R$10.47	-64.5%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,547	$1.74 R$9.69	-85.8%
Monthly membership at local gym	$69.95 ISK8,839	$25.20 R$140.14	-64.0%
Movie ticket to theater/cinema	$14.77 ISK1,867	$6.97 R$38.74	-52.8%
Average			-70.2%

Reykjavik vs. Rio De Janeiro - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 47.0% less for clothing

	Reykjavik	Rio De Janeiro
Regular jeans Levi's brand	$108.97 ISK13,771	$51.24 R$284.92	-53.0%
Regular dress from H&M or similar store	$49.72 ISK6,283	$41.21 R$229.12	-17.1%
Running shoes Nike or Adidas	$151.85 ISK19,190	$76.29 R$424.21	-49.8%
Men's business shoes (leather)	$194.16 ISK24,536	$62.18 R$345.76	-68.0%
Average			-47.0%

Reykjavik vs. Rio De Janeiro - Cost of clothing

Improve prices · Change currency (USD)

The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2025

More cost comparisons

Reykjavik vs.

Paris

Reykjavik vs.

Ankara

Reykjavik vs.

Moscow

Reykjavik vs.

Ottawa

Reykjavik vs.

Warsaw

Reykjavik vs.

Hanoi

Reykjavik vs.

Dublin

Reykjavik vs.

Algiers

Share this

Compare countries by overall cost of living

See the cost of living in Iceland vs. Brazil. This provides a comparison of the average cost of living from cities within Iceland and Brazil.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Reykjavik

Add prices for Rio De Janeiro

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Rio De Janeiro or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.