Cost of living comparison

Iceland

compared to

Brazil

Brazil vs. Iceland Cost of Living Summary

Brazil is 69.8% cheaper than Iceland overall.

Restaurants: pay 72.7% less in Brazil
Groceries: pay 59.6% less in Brazil
Transportation: pay 47.8% less in Brazil
Housing: pay 81.1% less in Brazil
Childcare: pay 66.4% less in Brazil
Entertainment and Sports: pay 71.4% less in Brazil
Clothing: pay 52.3% less in Brazil

Expenses including housing, restaurants, entertainment and sports, childcare, groceries, and clothing are lower in Brazil.

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Brazil vs. Iceland Cost Breakdown

If you lived in Brazil instead of Iceland, you would:

Display currency: USD

pay 72.7% less for restaurants

	Iceland	Brazil
Basic meal with drink at inexpensive restaurant	$28.88 ISK3,527	$6.38 R$31.81	-77.9%
Fast food combo meal McDonalds, or similar	$22.83 ISK2,789	$7.64 R$38.11	-66.5%
Bottle of Coca-Cola (11 fl. oz)	$3.25 ISK396	$1.24 R$6.20	-61.7%
Bottle of water (11 fl. oz)	$3.01 ISK368	$0.74 R$3.71	-75.3%
Average			-72.7%

Iceland vs. Brazil - Cost of restaurants

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pay 59.6% less for groceries

	Iceland	Brazil
Bread 1 loaf	$3.55 ISK434	$1.68 R$8.39	-52.6%
Local cheese (8 oz)	$10.11 ISK1,235	$4.73 R$23.59	-53.2%
Milk (1 gallon)	$7.79 ISK952	$4.09 R$20.41	-47.5%
Eggs 1 dozen	$6.92 ISK846	$2.26 R$11.29	-67.3%
Boneless chicken breast (1 lb)	$11.01 ISK1,345	$1.94 R$9.66	-82.4%
Apples (1 lb)	$1.43 ISK174	$0.99 R$4.93	-30.7%
Bananas (1 lb)	$1.23 ISK150	$0.61 R$3.03	-50.3%
Oranges (1 lb)	$1.42 ISK173	$0.54 R$2.70	-61.8%
Tomatoes (1 lb)	$2.60 ISK318	$0.69 R$3.45	-73.5%
Potatoes (1 lb)	$1.71 ISK209	$0.53 R$2.65	-69.0%
Onions (1 lb)	$0.76 ISK92	$0.49 R$2.43	-35.6%
Average			-59.6%

Iceland vs. Brazil - Cost of groceries

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pay 47.8% less for transportation

	Iceland	Brazil
Gasoline (1 gallon)	$8.09 ISK988	$4.74 R$23.62	-41.4%
Monthly public transit pass	$80.58 ISK9,843	$45.86 R$228.70	-43.1%
New Volkswagen Golf 1.4 (standard edition)	$48,967.53 ISK6M	$23,586.89 R$118K	-51.8%
Taxi trip in downtown area (5 miles)	$26.24 ISK3,205	$9.39 R$46.83	-64.2%
Average			-47.8%

Iceland vs. Brazil - Cost of transportation

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pay 81.1% less for housing

	Iceland	Brazil
Internet connection 50 mbps or faster, cable/dsl	$98.24 ISK12,000	$20.44 R$101.93	-79.2%
1-Bedroom apartment in downtown area	$2,335.24 ISK285K	$357.22 R$1,781.55	-84.7%
1-Bedroom apartment outside city center	$1,824.40 ISK223K	$237.92 R$1,186.55	-87.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$72.34 ISK8,836	$61.99 R$309.18	-14.3%
Average			-81.1%

Iceland vs. Brazil - Cost of housing

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pay 66.4% less for childcare

	Iceland	Brazil
Private preschool for 1 child, monthly	$833.66 ISK102K	$316.73 R$1,579.61	-62.0%
Middle school for 1 child, two semesters	$27,752.37 ISK3M	$8,251.15 R$41,150.54	-70.3%
Average			-66.4%

Iceland vs. Brazil - Cost of childcare

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pay 71.4% less for entertainment and sports

	Iceland	Brazil
Domestic/local beer (1 pint)	$11.37 ISK1,389	$2.00 R$9.97	-82.4%
Cappuccino in mid-range area	$5.90 ISK720	$2.02 R$10.08	-65.7%
Pack of cigarettes Marlboro or similar	$13.85 ISK1,692	$2.46 R$12.26	-82.3%
Monthly membership at local gym	$83.64 ISK10,217	$26.59 R$132.59	-68.2%
Movie ticket to theater/cinema	$17.92 ISK2,189	$7.17 R$35.76	-60.0%
Average			-71.4%

Iceland vs. Brazil - Cost of entertainment and sports

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pay 52.3% less for clothing

	Iceland	Brazil
Regular jeans Levi's brand	$134.47 ISK16,425	$54.36 R$271.10	-59.6%
Regular dress from H&M or similar store	$63.25 ISK7,726	$50.01 R$249.39	-20.9%
Running shoes Nike or Adidas	$159.03 ISK19,425	$87.76 R$437.68	-44.8%
Men's business shoes (leather)	$237.19 ISK28,972	$69.90 R$348.59	-70.5%
Average			-52.3%

Iceland vs. Brazil - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Iceland vs. Brazil

Salary Calculator · Free tool

What salary would you need in Brazil?

Quality of Life Comparison · 22 statistics

Make 89.1% less money in Brazil

Size Comparison · See true size

Iceland is about 83 times smaller than Brazil.

Moving from Iceland to Brazil · UN DESA 2020

612 people born in Iceland live in Brazil.

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