Cost of living comparison

Portugal

compared to

Iceland

Reykjavik vs. Vila Nova De Gaia Cost of Living Summary

Reykjavik is 2.2 times more expensive than Vila Nova De Gaia.

Restaurants: pay 2.1 times more in Reykjavik
Groceries: pay 97.9% more in Reykjavik
Transportation: pay 89.3% more in Reykjavik
Housing: pay 2.1 times more in Reykjavik
Childcare: pay 2.2 times more in Reykjavik
Entertainment and Sports: pay 3.0 times more in Reykjavik
Clothing: pay 87.9% more in Reykjavik

The cost of entertainment and sports, childcare, housing, restaurants, groceries, and transportation in Reykjavik are more expensive than in Vila Nova De Gaia. Notably, entertainment and sports, childcare, and housing are significantly more expensive in Reykjavik.

Planning a move to Iceland? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

Reykjavik vs. Vila Nova De Gaia Cost Breakdown

If you lived in Reykjavik instead of Vila Nova De Gaia, you would:

Display currency: USD

pay 2.1 times more for restaurants

	Vila Nova De Gaia	Reykjavik
Basic meal with drink at inexpensive restaurant	$13.44 €11.94	$31.06 ISK3,787	+131.1%
Fast food combo meal McDonalds, or similar	$11.20 €9.95	$26.97 ISK3,288	+140.9%
Bottle of Coca-Cola (11 fl. oz)	$2.02 €1.79	$3.31 ISK404	+64.4%
Bottle of water (11 fl. oz)	$1.55 €1.38	$3.11 ISK379	+99.9%
Average			+109.1%

Vila Nova De Gaia vs. Reykjavik - Cost of restaurants

Improve prices · Change currency (USD)

pay 97.9% more for groceries

	Vila Nova De Gaia	Reykjavik
Bread 1 loaf	$1.65 €1.47	$4.19 ISK511	+153.9%
Local cheese (8 oz)	$5.90 €5.24	$10.93 ISK1,333	+85.3%
Milk (1 gallon)	$4.24 €3.77	$7.78 ISK948	+83.5%
Eggs 1 dozen	$3.68 €3.27	$7.08 ISK863	+92.2%
Boneless chicken breast (1 lb)	$3.44 €3.05	$11.00 ISK1,342	+220.0%
Apples (1 lb)	$1.06 €0.95	$1.50 ISK183	+41.4%
Bananas (1 lb)	$0.74 €0.66	$1.27 ISK155	+71.7%
Oranges (1 lb)	$0.88 €0.78	$1.46 ISK178	+65.5%
Tomatoes (1 lb)	$1.14 €1.01	$2.93 ISK358	+156.7%
Potatoes (1 lb)	$0.79 €0.70	$1.78 ISK216	+124.2%
Onions (1 lb)	$0.92 €0.81	$0.76 ISK92	-17.4%
Average			+97.9%

Vila Nova De Gaia vs. Reykjavik - Cost of groceries

Improve prices · Change currency (USD)

pay 89.3% more for transportation

	Vila Nova De Gaia	Reykjavik
Gasoline (1 gallon)	$8.26 €7.33	$7.76 ISK947	-5.9%
Monthly public transit pass	$38.07 €33.82	$94.80 ISK11,559	+149.0%
New Volkswagen Golf 1.4 (standard edition)	$33,640.22 €29,883.81	$50,588.43 ISK6M	+50.4%
Taxi trip in downtown area (5 miles)	$11.09 €9.85	$29.26 ISK3,567	+163.9%
Average			+89.3%

Vila Nova De Gaia vs. Reykjavik - Cost of transportation

Improve prices · Change currency (USD)

pay 2.1 times more for housing

	Vila Nova De Gaia	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$36.50 €32.43	$86.01 ISK10,487	+135.6%
1-Bedroom apartment in downtown area	$895.79 €795.76	$2,522.88 ISK308K	+181.6%
1-Bedroom apartment outside city center	$718.50 €638.27	$2,032.25 ISK248K	+182.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$124.10 €110.24	$73.44 ISK8,954	-40.8%
Average			+114.8%

Vila Nova De Gaia vs. Reykjavik - Cost of housing

Improve prices · Change currency (USD)

pay 2.2 times more for childcare

	Vila Nova De Gaia	Reykjavik
Private preschool for 1 child, monthly	$575.48 €511.22	$1,185.23 ISK145K	+106.0%
Middle school for 1 child, two semesters	$10,749.46 €9,549.13	$25,853.51 ISK3M	+140.5%
Average			+123.2%

Vila Nova De Gaia vs. Reykjavik - Cost of childcare

Improve prices · Change currency (USD)

pay 3.0 times more for entertainment and sports

	Vila Nova De Gaia	Reykjavik
Domestic/local beer (1 pint)	$2.24 €1.99	$13.89 ISK1,694	+520.4%
Cappuccino in mid-range area	$1.97 €1.75	$6.74 ISK822	+242.0%
Pack of cigarettes Marlboro or similar	$6.61 €5.87	$13.89 ISK1,694	+110.3%
Monthly membership at local gym	$115.33 €102.45	$100.25 ISK12,224	-13.1%
Movie ticket to theater/cinema	$8.40 €7.46	$19.57 ISK2,387	+133.1%
Average			+198.5%

Vila Nova De Gaia vs. Reykjavik - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 87.9% more for clothing

	Vila Nova De Gaia	Reykjavik
Regular jeans Levi's brand	$103.58 €92.01	$149.01 ISK18,169	+43.9%
Regular dress from H&M or similar store	$33.26 €29.55	$65.79 ISK8,022	+97.8%
Running shoes Nike or Adidas	$92.20 €81.91	$181.84 ISK22,172	+97.2%
Men's business shoes (leather)	$116.91 €103.85	$248.81 ISK30,337	+112.8%
Average			+87.9%

Vila Nova De Gaia vs. Reykjavik - 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: October 2026

Compare further: Vila Nova De Gaia vs. Reykjavik

Salary Calculator · Free tool

What salary would you need in Reykjavik?

More cost comparisons

Vila Nova De Gaia vs.

Quito

Vila Nova De Gaia vs.

Washington

Vila Nova De Gaia vs.

London

Vila Nova De Gaia vs.

Hanoi

Vila Nova De Gaia vs.

Kiev

Vila Nova De Gaia vs.

Lima

Vila Nova De Gaia vs.

Bangkok

Vila Nova De Gaia vs.

Berlin

Share this

Compare countries by overall cost of living

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

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 Vila Nova De Gaia

Add prices for Reykjavik

Ask the Elsewhere Community

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