Tokyo vs Reykjavik

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

63Cost Index66
2,800Median Income /mo4,600
88Safety Index95
23Income Tax %31.49
90Internet (Mbps)289
180Coworking /mo350

Price Breakdown

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

Digital Nomad Profile

Tokyo

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

Reykjavik

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

Frequently Asked Questions

Is Tokyo cheaper than Reykjavik?

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 Tokyo and Reykjavik?

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

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

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

What is the average income in Tokyo vs Reykjavik?

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

Compare Tokyo with…

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