Brisbane vs Reykjavik - Cost of Living Comparison

Updated: October 14, 2025

	Brisbane	Reykjavik
🚶 Cost of living one person	$2065	$3268
👨‍👩‍👧‍👦 Cost of living Family	$4896	$6787
🏠 One person rent	$1253	$2025
🏘️ Family rent	$2149	$3029
🍽️ Food expenses	$525	$894
🚐 Transport expenses	$152	$101
💳 Monthly salary after tax	$3956	$4361
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	13 km	4 km
🎓 Higher education	66	52
😀 Quality of life	98	91
🏙️ Population	2.71M	140K

The cost of living in Brisbane is 37% less expensive than in Reykjavik. Cities ranked 1813th and 88th ($2065 vs $3268) in the list of the most expensive cities in the world and ranked 11th and 1st in Australia and Iceland, respectively. Check Australia vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.9 months in Brisbane compared to 1.3 months in Reykjavik. Brisbane ranked 3rd best city to live in Australia vs Reykjavik ranked 1st in Iceland, while ranked 9th and 191st among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Brisbane vs Reykjavik infographic

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<img src="https://livingcost.org/assets/photo/cost/brisbane/reykjavik.jpg" alt="Cost of living in Brisbane vs Reykjavik infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/brisbane/reykjavik" target="_blank">Brisbane vs Reykjavik - Cost of Living Comparison</a></p>

Prices in Brisbane vs Reykjavik

Prices for goods and services in Brisbane and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Brisbane	Reykjavik
Eating Out
🍱 Lunch Menu	$14.4	$27.9
🥂 Dinner in a Restaurant, for 2	$62.7	$79.5
🥪 Fast food meal, equiv. McDonald's	$10.4	$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7	$13
☕ Cappuccino	$3.66	$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.65	$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1514	$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1022	$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2603	$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1816	$2774
🔌 Utility Bill one person, electricity, heating, water, etc.	$82.2	$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$125	$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$50.5	$84
🏦 Mortgage Interest Rate for 20 Years	6.15%	9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8291	$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6020	$6578
Transportation
🚌 Local transport ticket	$0.33	$5.36
🎟️ Monthly ticket local transport	$32.8	$88.4
🚕 Taxi Ride, 8 km or 5 mi	$18.6	$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.25	$2.55
Groceries
🥛 Milk, 1 L or 1 qt	$1.36	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$2	$4.43
🍚 Rice, 1 kg or 2.2 lb	$1.69	$3.55
🥚 Eggs, x12	$4.41	$6.58
🧀 Cheese, 1 kg or 2.2 lb	$9.11	$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.8	$25
🥩 Round Steak, 1 kg or 2.2 lb	$13.8	$41.5
🍏 Apples, 1 kg or 2.2 lb	$3.27	$3.59
🍌 Banana, 1 kg or 2.2 lb	$2.86	$2.58
🍊 Oranges, 1 kg or 2.2 lb	$2.93	$3.35
🍅 Tomato, 1 kg or 2.2 lb	$4.42	$5.57
🥔 Potato, 1 kg or 2.2 lb	$2.48	$3.7
🧅 Onion, 1 kg or 2.2 lb	$2.41	$2.56
🌊 Water, 1 L or 1 qt	$0.85	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.48	$3.04
🍾 Wine (mid-priced), 750 mL bottle	$12.9	$25.5
🍺 Beer, 0.5 L or 16 fl oz	$4.28	$3.79
🚬 Cigarette pack	$24.1	$13.6
💊 Cold medicince, 1 week	$6.9	$12.9
🧴 Hair Shampoo	$3.91	$5.86
🧻 Toilet paper, 4 rolls	$3.28	$5.2
👄 Toothpaste, 1 tube	$3.35	$3.63
Other
🏋️ Gym Membership, 1 month	$41.9	$88.2
🎫 Cinema Ticket, 1 person	$12.8	$18
👩‍⚕️ Doctor's visit	$56.3	$92.8
💇 Haircut, simple	$19.2	$46
👖 Brand Jeans	$76.5	$144
👟 Brand Sneakers	$102	$194
👶 Daycare or Preschool, 1 month	$1795	$352
🏫 International Primary School, 1 year	$11423	$30378

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Brisbane

Distance	City	Cost of living
31 km or 19 mi	Ipswich	$1662
45 km or 28 mi	Caboolture	$1798
66 km or 41 mi	Southport	$2140
71 km or 44 mi	Gold Coast	$2297
75 km or 47 mi	Caloundra	$1710
91 km or 57 mi	Sunshine Coast	$1697
107 km or 66 mi	Toowoomba	$1639
143 km or 89 mi	Byron Bay	$2471
243 km or 151 mi	Hervey Bay	$1712
299 km or 186 mi	Bundaberg	$1595
315 km or 196 mi	Coffs Harbour	$1988
362 km or 225 mi	Armidale	$1184
441 km or 274 mi	Gladstone	$1503
441 km or 274 mi	Port Macquarie	$1633
520 km or 323 mi	Rockhampton	$1482
618 km or 384 mi	Newcastle	$1839
682 km or 424 mi	Dubbo	$1747
719 km or 447 mi	Dee Why	$2181
722 km or 449 mi	Kellyville	$1888
730 km or 453 mi	Blacktown	$1599
732 km or 455 mi	Parramatta	$2292
733 km or 455 mi	Sydney	$2640
740 km or 460 mi	Bathurst	$1568
748 km or 465 mi	Orange	$1364
801 km or 498 mi	Wollongong	$1580
869 km or 540 mi	Goulburn	$1678
945 km or 587 mi	Canberra	$2019
1006 km or 625 mi	Wagga Wagga	$1458
1009 km or 627 mi	Griffith	$1667
1111 km or 690 mi	Townsville	$1683
1224 km or 761 mi	Shepparton	$1662
1278 km or 794 mi	Mildura	$1771
1320 km or 820 mi	Bendigo	$1362
1337 km or 831 mi	Traralgon	$1813
1367 km or 849 mi	Sunbury	$1768
1372 km or 853 mi	Pakenham	$1725
1375 km or 855 mi	Melbourne	$2308
1376 km or 855 mi	Berwick	$1706
1376 km or 855 mi	South Yarra	$1681
1377 km or 856 mi	Dandenong	$1736

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3175
9.8 km or 6.1 mi	Hafnarfjorur	$3148
38 km or 24 mi	Keflavik	$2596
247 km or 153 mi	Akureyri	$2990
795 km or 494 mi	Torshavn	$2077
1204 km or 748 mi	Inverness	$2021
1230 km or 764 mi	Elgin	$1507
1300 km or 808 mi	Derry	$1551
1309 km or 813 mi	Greenock	$1575
1321 km or 821 mi	Aberdeen	$1769
1325 km or 823 mi	Perth	$1641
1328 km or 825 mi	Stirling	$1711
1331 km or 827 mi	Paisley	$1837
1333 km or 828 mi	Alloa	$1762
1337 km or 831 mi	Glasgow	$2058
1339 km or 832 mi	Dundee	$1480
1340 km or 833 mi	Omagh	$1703
1341 km or 833 mi	Cumbernauld	$1619
1342 km or 834 mi	Irvine	$1630
1348 km or 838 mi	East Kilbride	$1840
1349 km or 838 mi	Kilmarnock	$1527
1351 km or 839 mi	Dunfermline	$1728
1353 km or 841 mi	Hamilton	$1797
1357 km or 843 mi	Ayr	$1522
1360 km or 845 mi	Kirkcaldy	$1768
1365 km or 848 mi	Livingston	$1775
1372 km or 852 mi	Edinburgh	$2310
1382 km or 859 mi	Newtownabbey	$1808
1387 km or 862 mi	Belfast	$1884
1390 km or 864 mi	Bangor	$1484
1391 km or 864 mi	Lisburn	$1879
1401 km or 871 mi	Alesund	$1797
1413 km or 878 mi	Galway	$2768
1425 km or 886 mi	Dundalk	$1955
1431 km or 889 mi	Dumfries	$1485
1433 km or 891 mi	Nuuk	$2217
1441 km or 895 mi	Molde	$1986
1454 km or 903 mi	Kristiansund	$1887
1455 km or 904 mi	Drogheda	$2902
1455 km or 904 mi	Bergen	$2242