Reykjavik vs Portland

Cost of living comparison for 2026. Reykjavik is roughly 1% more affordable than Portland (index 66 vs 66, New York = 100). Data sourced live via AI — updated regularly.

Reykjavik
More affordable overall
1% cheaper than Portland · Cost index: 66 vs 66

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

66Cost Index66
4,600Median Income /mo4,865
95Safety Index58
31.49Income Tax %9.9
289Internet (Mbps)150
350Coworking /mo220

Price Breakdown

ReykjavikCategoryPortland
$2,130/month
1-BR Apartment (Center)
15% ← cheaper
$1,800/month
$2.1/liter
Meal for One
58% cheaper →
$4.96/liter
$24/meal
Restaurant (Mid-range)
25% ← cheaper
$18/meal
$94/month
Monthly Transit Pass
6% cheaper →
$100/month
$140/month
Utilities (Monthly)
45% cheaper →
$255/month
$120/visit
Doctor Visit
33% cheaper →
$180/visit

Digital Nomad Profile

Reykjavik

Internet289 Mbps
Coworking$350/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability78/100

Portland

Internet150 Mbps
Coworking$220/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability73/100

Frequently Asked Questions

Is Reykjavik cheaper than Portland?

Reykjavik is cheaper than Portland. Reykjavik has a cost of living index of 66/100 compared to 66/100 for Portland (New York = 100), making it roughly 1% more affordable overall.

How much cheaper is Reykjavik than Portland?

Reykjavik is approximately 1% cheaper than Portland based on cost index scores (66 vs 66, where New York = 100). A person spending $3,000/month in Portland could live a similar lifestyle for roughly $2,975/month in Reykjavik.

What is the rent comparison between Reykjavik and Portland?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,130/month. In Portland, the equivalent is around $1,800/month.

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

Both cities have nomad infrastructure. Reykjavik offers 289 Mbps internet and coworking at ~$350/month. Portland offers 150 Mbps and coworking at ~$220/month. Reykjavik has a cost advantage of 1%.

What is the average income in Reykjavik vs Portland?

The median net monthly salary in Reykjavik is approximately $4,600 USD, compared to $4,865 USD in Portland.

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