Reykjavik vs Tokyo

Cost of living comparison for 2026. Tokyo is roughly 27% more affordable than Reykjavik (index 36 vs 50, New York = 100). Data sourced live via AI — updated regularly.

Tokyo
More affordable overall
27% cheaper than Reykjavik · Cost index: 36 vs 50

Life Power at $3,000/mo

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

Head-to-Head Stats

50Cost Index36
4,652Median Income /mo2,676
76Safety Index92
31.49Income Tax %20
95Internet (Mbps)85
250Coworking /mo200

Price Breakdown

ReykjavikCategoryTokyo
$2,222/month
1-BR Apartment (Center)
61% ← cheaper
$870/month
$1.77/liter
Meal for One
4% ← cheaper
$1.7/liter
$28.14/meal
Restaurant (Mid-range)
64% ← cheaper
$10/meal
$78.9/month
Monthly Transit Pass
1% cheaper →
$80/month
$182.55/month
Utilities (Monthly)
26% ← cheaper
$135/month
$86.59/visit
Doctor Visit
42% ← cheaper
$50/visit

Digital Nomad Profile

Reykjavik

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

Tokyo

Internet85 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitylarge
Walkability80/100

Frequently Asked Questions

Is Reykjavik cheaper than Tokyo?

Tokyo is cheaper than Reykjavik. Tokyo has a cost of living index of 36/100 compared to 50/100 for Reykjavik (New York = 100), making it roughly 27% more affordable overall.

How much cheaper is Tokyo than Reykjavik?

Tokyo is approximately 27% cheaper than Reykjavik based on cost index scores (36 vs 50, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,191/month in Tokyo.

What is the rent comparison between Reykjavik and Tokyo?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Tokyo, the equivalent is around $870/month.

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

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Tokyo offers 85 Mbps and coworking at ~$200/month. Tokyo has a cost advantage of 27%.

What is the average income in Reykjavik vs Tokyo?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $2,676 USD in Tokyo.

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