Austin vs Reykjavik

Cost of living comparison for 2026. Reykjavik is roughly 8% more affordable than Austin (index 89 vs 97, New York = 100). Data sourced live via AI — updated regularly.

Reykjavik
More affordable overall
8% cheaper than Austin · Cost index: 89 vs 97

Head-to-Head Stats

97Cost Index89
5,000Median Income /mo4,652
35Safety Index76
0Income Tax %31.49
940Internet (Mbps)95
350Coworking /mo250

Price Breakdown

AustinCategoryReykjavik
$1,750/month
1-BR Apartment (Center)
21% cheaper →
$2,222/month
$1.1/liter
Meal for One
38% cheaper →
$1.77/liter
$14/meal
Restaurant (Mid-range)
50% cheaper →
$28.14/meal
$37/month
Monthly Transit Pass
53% cheaper →
$78.9/month
$170/month
Utilities (Monthly)
7% cheaper →
$182.55/month
$85/visit
Doctor Visit
2% cheaper →
$86.59/visit

Digital Nomad Profile

Austin

Internet940 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability72/100

Reykjavik

Internet95 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability78/100

Frequently Asked Questions

Is Austin cheaper than Reykjavik?

Reykjavik is cheaper than Austin. Reykjavik has a cost of living index of 89/100 compared to 97/100 for Austin, making it roughly 8% more affordable overall.

How much cheaper is Reykjavik than Austin?

Reykjavik is approximately 8% cheaper than Austin based on cost index scores (89 vs 97, where New York = 100). A person spending $3,000/month in Austin could live a similar lifestyle for roughly $2,753/month in Reykjavik.

What is the rent comparison between Austin and Reykjavik?

In Austin, a 1-bedroom apartment in the city center costs approximately $1,750/month. In Reykjavik, the equivalent is around $2,222/month.

Which city is better for digital nomads — Austin or Reykjavik?

Both cities have nomad infrastructure. Austin offers 940 Mbps internet and coworking at ~$350/month. Reykjavik offers 95 Mbps and coworking at ~$250/month. Reykjavik has a cost advantage of 8%.

What is the average income in Austin vs Reykjavik?

The median net monthly salary in Austin is approximately $5,000 USD, compared to $4,652 USD in Reykjavik.

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