Reykjavik vs Singapore

Cost of living comparison for 2026. Singapore is roughly 25% more affordable than Reykjavik (index 49 vs 66, New York = 100). Data sourced live via AI — updated regularly.

Singapore
More affordable overall
25% cheaper than Reykjavik · Cost index: 49 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 Index49✓
4,600✓Median Income /mo4,300
95✓Safety Index78
31.49Income Tax %8✓
289✓Internet (Mbps)63
350Coworking /mo295✓

Price Breakdown

ReykjavikCategorySingapore
$2,130/month
1-BR Apartment (Center)
27% cheaper →
$2,900/month
$2.1/liter
Meal for One
32% cheaper →
$3.08/liter
$24/meal
Restaurant (Mid-range)
63% ← cheaper
$9/meal
$94/month
Monthly Transit Pass
$94/month
$140/month
Utilities (Monthly)
20% cheaper →
$175/month
$120/visit
Doctor Visit
67% ← cheaper
$40/visit

Digital Nomad Profile

Reykjavik

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

Singapore

Internet63 Mbps
Coworking$295/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability75/100

Frequently Asked Questions

Is Reykjavik cheaper than Singapore?

Singapore is cheaper than Reykjavik. Singapore has a cost of living index of 49/100 compared to 66/100 for Reykjavik (New York = 100), making it roughly 25% more affordable overall.

How much cheaper is Singapore than Reykjavik?

Singapore is approximately 25% cheaper than Reykjavik based on cost index scores (49 vs 66, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,237/month in Singapore.

What is the rent comparison between Reykjavik and Singapore?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,130/month. In Singapore, the equivalent is around $2,900/month.

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

Both cities have nomad infrastructure. Reykjavik offers 289 Mbps internet and coworking at ~$350/month. Singapore offers 63 Mbps and coworking at ~$295/month. Singapore has a cost advantage of 25%.

What is the average income in Reykjavik vs Singapore?

The median net monthly salary in Reykjavik is approximately $4,600 USD, compared to $4,300 USD in Singapore.

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