Reykjavik vs Canggu

Cost of living comparison for 2026. Canggu is roughly 24% more affordable than Reykjavik (index 68 vs 89, New York = 100). Data sourced live via AI — updated regularly.

Canggu
More affordable overall
24% cheaper than Reykjavik · Cost index: 68 vs 89

Head-to-Head Stats

89Cost Index68
4,652Median Income /mo1,200
76Safety Index72
31.49Income Tax %18
95Internet (Mbps)120
250Coworking /mo220

Price Breakdown

ReykjavikCategoryCanggu
$2,222/month
1-BR Apartment (Center)
57% ← cheaper
$950/month
$1.77/liter
Meal for One
21% ← cheaper
$1.4/liter
$28.14/meal
Restaurant (Mid-range)
57% ← cheaper
$12/meal
$78.9/month
Monthly Transit Pass
100% ← cheaper
$0/month
$182.55/month
Utilities (Monthly)
34% ← cheaper
$120/month
$86.59/visit
Doctor Visit
31% ← cheaper
$60/visit

Digital Nomad Profile

Reykjavik

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

Canggu

Internet120 Mbps
Coworking$220/mo
Café WiFigood
Englishmoderate
Communitylarge
Walkability55/100

Frequently Asked Questions

Is Reykjavik cheaper than Canggu?

Canggu is cheaper than Reykjavik. Canggu has a cost of living index of 68/100 compared to 89/100 for Reykjavik, making it roughly 24% more affordable overall.

How much cheaper is Canggu than Reykjavik?

Canggu is approximately 24% cheaper than Reykjavik based on cost index scores (68 vs 89, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,292/month in Canggu.

What is the rent comparison between Reykjavik and Canggu?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Canggu, the equivalent is around $950/month.

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

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Canggu offers 120 Mbps and coworking at ~$220/month. Canggu has a cost advantage of 24%.

What is the average income in Reykjavik vs Canggu?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $1,200 USD in Canggu.

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