Singapore vs Reykjavik

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

49Cost Index66
4,322Median Income /mo4,600
95Safety Index95
13Income Tax %31.49
298Internet (Mbps)289
345Coworking /mo350

Price Breakdown

SingaporeCategoryReykjavik
$2,039/month
1-BR Apartment (Center)
4% cheaper →
$2,130/month
$2.31/liter
Meal for One
9% ← cheaper
$2.1/liter
$7.63/meal
Restaurant (Mid-range)
68% cheaper →
$24/meal
$76/month
Monthly Transit Pass
19% cheaper →
$94/month
$117/month
Utilities (Monthly)
16% cheaper →
$140/month
$58/visit
Doctor Visit
52% cheaper →
$120/visit

Digital Nomad Profile

Singapore

Internet298 Mbps
Coworking$345/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability72/100

Reykjavik

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

Frequently Asked Questions

Is Singapore cheaper than Reykjavik?

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 Singapore and Reykjavik?

In Singapore, a 1-bedroom apartment in the city center costs approximately $2,039/month. In Reykjavik, the equivalent is around $2,130/month.

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

Both cities have nomad infrastructure. Singapore offers 298 Mbps internet and coworking at ~$345/month. Reykjavik offers 289 Mbps and coworking at ~$350/month. Singapore has a cost advantage of 25%.

What is the average income in Singapore vs Reykjavik?

The median net monthly salary in Singapore is approximately $4,322 USD, compared to $4,600 USD in Reykjavik.

Compare Singapore with…

Popular head-to-heads — see exactly where Singapore wins or loses.

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