Milan vs Reykjavik: cost of living for digital nomads

Milan, Italy and Reykjavik, Iceland, line by line from the catalogue: what a month costs, rent, food, coworking, safety and internet. Every figure links back to its source on the city page.

The short version

  • Milan is about 19% cheaper than Reykjavik for a month of nomad living ($2,625 vs $3,250).
  • Rent is the biggest gap: $1,300 in Milan against $1,600 in Reykjavik.
  • Reykjavik scores higher on safety (9/10 vs 7/10).
  • Internet is faster in Reykjavik: 220 Mbps typical against 150 Mbps.
  • Milan is temperate; Reykjavik is continental.

Milan wins 6 of the measured lines; Reykjavik wins 2.

Frequently asked questions

Which city is cheaper, Milan or Reykjavik?

Milan is cheaper: about $2,625/month against $3,250/month in Reykjavik, roughly 19% less for a typical remote worker's budget.

Which city is safer, Milan or Reykjavik?

Reykjavik scores higher on safety: 9/10 against 7/10 for Milan.

Which has faster internet, Milan or Reykjavik?

Reykjavik has faster typical internet: 220 Mbps against 150 Mbps in Milan.

LineMilanReykjavik
Monthly total (USD)$2,625$3,250
Rent$1,300$1,600
Food$580$750
Transport$45$80
Coworking$200$220
Safety (out of 10)7/109/10
Internet (Mbps)150220
Climatetemperatecontinental
City sizemetromid
Settinginlandcoast
Nomad score (out of 10)7/106/10

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Costs are typical monthly figures for one person in USD, from the sources named on each city page; safety and internet are the catalogue's own ratings. Cost figures verified (Eastern Time): Milan September 10, 2026, Reykjavik September 10, 2026.