Portland vs Reykjavik

Cost of living comparison for 2026. Reykjavik is roughly 25% more affordable than Portland (index 89 vs 119, New York = 100). Data sourced live via AI — updated regularly.

Reykjavik
More affordable overall
25% cheaper than Portland · Cost index: 89 vs 119

Head-to-Head Stats

119Cost Index89
4,645Median Income /mo4,652
65Safety Index76
9.9Income Tax %31.49
180Internet (Mbps)95
350Coworking /mo250

Price Breakdown

PortlandCategoryReykjavik
$1,550/month
1-BR Apartment (Center)
30% cheaper →
$2,222/month
$1.28/liter
Meal for One
28% cheaper →
$1.77/liter
$16/meal
Restaurant (Mid-range)
43% cheaper →
$28.14/meal
$100/month
Monthly Transit Pass
21% ← cheaper
$78.9/month
$165/month
Utilities (Monthly)
10% cheaper →
$182.55/month
$120/visit
Doctor Visit
28% ← cheaper
$86.59/visit

Digital Nomad Profile

Portland

Internet180 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 Portland cheaper than Reykjavik?

Reykjavik is cheaper than Portland. Reykjavik has a cost of living index of 89/100 compared to 119/100 for Portland, making it roughly 25% more affordable overall.

How much cheaper is Reykjavik than Portland?

Reykjavik is approximately 25% cheaper than Portland based on cost index scores (89 vs 119, where New York = 100). A person spending $3,000/month in Portland could live a similar lifestyle for roughly $2,244/month in Reykjavik.

What is the rent comparison between Portland and Reykjavik?

In Portland, a 1-bedroom apartment in the city center costs approximately $1,550/month. In Reykjavik, the equivalent is around $2,222/month.

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

Both cities have nomad infrastructure. Portland offers 180 Mbps internet and coworking at ~$350/month. Reykjavik offers 95 Mbps and coworking at ~$250/month. Reykjavik has a cost advantage of 25%.

What is the average income in Portland vs Reykjavik?

The median net monthly salary in Portland is approximately $4,645 USD, compared to $4,652 USD in Reykjavik.

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