Reykjavik vs Tokyo

Cost of living comparison for 2026. Tokyo is roughly 5% more affordable than Reykjavik (index 63 vs 66, New York = 100). Data sourced live via AI — updated regularly.

Tokyo
More affordable overall
5% cheaper than Reykjavik · Cost index: 63 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 Index63✓
4,600✓Median Income /mo2,800
95✓Safety Index88
31.49Income Tax %23✓
289✓Internet (Mbps)90
350Coworking /mo180✓

Price Breakdown

ReykjavikCategoryTokyo
$2,130/month
1-BR Apartment (Center)
41% ← cheaper
$1,247/month
$2.1/liter
Meal for One
5% cheaper →
$2.2/liter
$24/meal
Restaurant (Mid-range)
50% ← cheaper
$12/meal
$94/month
Monthly Transit Pass
26% ← cheaper
$70/month
$140/month
Utilities (Monthly)
5% cheaper →
$147/month
$120/visit
Doctor Visit
42% ← cheaper
$70/visit

Digital Nomad Profile

Reykjavik

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

Tokyo

Internet90 Mbps
Coworking$180/mo
Café WiFiexcellent
Englishmoderate
Communitylarge
Walkability78/100

Frequently Asked Questions

Is Reykjavik cheaper than Tokyo?

Tokyo is cheaper than Reykjavik. Tokyo has a cost of living index of 63/100 compared to 66/100 for Reykjavik (New York = 100), making it roughly 5% more affordable overall.

How much cheaper is Tokyo than Reykjavik?

Tokyo is approximately 5% cheaper than Reykjavik based on cost index scores (63 vs 66, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,847/month in Tokyo.

What is the rent comparison between Reykjavik and Tokyo?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,130/month. In Tokyo, the equivalent is around $1,247/month.

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

Both cities have nomad infrastructure. Reykjavik offers 289 Mbps internet and coworking at ~$350/month. Tokyo offers 90 Mbps and coworking at ~$180/month. Tokyo has a cost advantage of 5%.

What is the average income in Reykjavik vs Tokyo?

The median net monthly salary in Reykjavik is approximately $4,600 USD, compared to $2,800 USD in Tokyo.

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