Cost of living comparison
Canada is 4.6% more expensive than Reykjavik.
If you lived in Canada instead of Reykjavik, you would:
pay 28.9% less for restaurants
Reykjavik
|
Canada
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,985
|
$16.50
CA$22.46
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,388
|
$9.99
CA$13.61
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK401
|
$2.03
CA$2.76
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK287
|
$1.66
CA$2.26
|
|
pay 11.3% less for groceries
Reykjavik
|
Canada
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK510
|
$2.50
CA$3.41
|
|
Local cheese (8 oz) |
$7.66
ISK1,059
|
$5.43
CA$7.39
|
|
Milk (1 gallon) |
$6.16
ISK852
|
$7.95
CA$10.82
|
|
Eggs
1 dozen
|
$5.91
ISK818
|
$3.36
CA$4.57
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,227
|
$5.29
CA$7.20
|
|
Apples (1 lb) |
$1.53
ISK211
|
$1.84
CA$2.51
|
|
Bananas (1 lb) |
$0.97
ISK134
|
$0.64
CA$0.87
|
|
Oranges (1 lb) |
$1.26
ISK174
|
$1.57
CA$2.13
|
|
Tomatoes (1 lb) |
$2.23
ISK308
|
$1.79
CA$2.44
|
|
Potatoes (1 lb) |
$1.42
ISK196
|
$1.18
CA$1.61
|
|
Onions (1 lb) |
$1.01
ISK140
|
$1.18
CA$1.61
|
|
pay 28.7% less for transportation
Reykjavik
|
Canada
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,186
|
$4.40
CA$5.99
|
|
Monthly public transit pass |
$66.92
ISK9,254
|
$68.18
CA$92.84
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,761,254
|
$25,034.05
CA$34,090.12
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,222
|
$16.78
CA$22.85
|
|
pay 3.4% more for housing
Reykjavik
|
Canada
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,466
|
$62.83
CA$85.56
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK257,791
|
$1,250.12
CA$1,702.36
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK230,418
|
$1,146.12
CA$1,560.73
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,911
|
$119.78
CA$163.12
|
|
pay 2.6 times more for childcare
Reykjavik
|
Canada
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,240
|
$744.16
CA$1,013.36
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK827,538
|
$12,218.47
CA$16,638.50
|
|
pay 25.5% less for entertainment and sports
Reykjavik
|
Canada
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,493
|
$5.30
CA$7.22
|
|
Cappuccino in mid-range area |
$5.09
ISK704
|
$3.57
CA$4.86
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,642
|
$12.99
CA$17.70
|
|
Monthly membership at local gym |
$65.50
ISK9,058
|
$43.10
CA$58.69
|
|
Movie ticket to theater/cinema |
$14.39
ISK1,990
|
$11.26
CA$15.33
|
|
pay 33.7% less for clothing
Reykjavik
|
Canada
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,374
|
$55.23
CA$75.21
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,015
|
$39.78
CA$54.17
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,564
|
$86.57
CA$117.88
|
|
Men's business shoes (leather) |
$174.65
ISK24,153
|
$103.81
CA$141.36
|
|
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