Reykjavik vs Singapore

Cost of living comparison for 2026. Singapore is roughly 1% more affordable than Reykjavik (index 88 vs 89, New York = 100). Data sourced live via AI — updated regularly.

Singapore
More affordable overall
1% cheaper than Reykjavik · Cost index: 88 vs 89

Head-to-Head Stats

89Cost Index88
4,652Median Income /mo4,442
76Safety Index89
31.49Income Tax %12
95Internet (Mbps)250
250Coworking /mo400

Price Breakdown

ReykjavikCategorySingapore
$2,222/month
1-BR Apartment (Center)
10% ← cheaper
$2,000/month
$1.77/liter
Meal for One
29% cheaper →
$2.5/liter
$28.14/meal
Restaurant (Mid-range)
72% ← cheaper
$8/meal
$78.9/month
Monthly Transit Pass
21% cheaper →
$100/month
$182.55/month
Utilities (Monthly)
1% ← cheaper
$180/month
$86.59/visit
Doctor Visit
2% ← cheaper
$85/visit

Digital Nomad Profile

Reykjavik

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

Singapore

Internet250 Mbps
Coworking$400/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability85/100

Frequently Asked Questions

Is Reykjavik cheaper than Singapore?

Singapore is cheaper than Reykjavik. Singapore has a cost of living index of 88/100 compared to 89/100 for Reykjavik, making it roughly 1% more affordable overall.

How much cheaper is Singapore than Reykjavik?

Singapore is approximately 1% cheaper than Reykjavik based on cost index scores (88 vs 89, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,966/month in Singapore.

What is the rent comparison between Reykjavik and Singapore?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Singapore, the equivalent is around $2,000/month.

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

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Singapore offers 250 Mbps and coworking at ~$400/month. Singapore has a cost advantage of 1%.

What is the average income in Reykjavik vs Singapore?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $4,442 USD in Singapore.

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