Cost of living comparison
compared to
Reykjavik vs. Cornwall Cost of Living Summary
Reykjavik is 89.2% more expensive than Cornwall.
- Restaurants
-
pay 86.0% more in Reykjavik
- Groceries
-
pay 67.0% more in Reykjavik
- Transportation
-
pay 2.3 times more in Reykjavik
- Housing
-
pay 74.2% more in Reykjavik
- Childcare
-
pay 66.4% more in Reykjavik
- Entertainment and Sports
-
pay 90.4% more in Reykjavik
- Clothing
-
pay 2.1 times more in Reykjavik
The cost of transportation, clothing, entertainment and sports, restaurants, housing, and groceries in Reykjavik are more expensive than in Cornwall. Notably, transportation, clothing, and entertainment and sports are significantly more expensive in Reykjavik.
Reykjavik vs. Cornwall Cost Breakdown
If you lived in Reykjavik instead of Cornwall, you would:
pay 86.0% more for restaurants
|
Cornwall
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.35
CA$19.85
|
$27.48
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.84
CA$16.37
|
$22.76
ISK2,913
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.03
CA$2.81
|
$3.34
ISK427
|
|
| Bottle of water (11 fl. oz) |
$1.38
CA$1.90
|
$2.70
ISK345
|
|
Cornwall vs. Reykjavik - Cost of restaurants
Improve prices ·
Change currency (USD)
pay 67.0% more for groceries
|
Cornwall
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.30
CA$3.18
|
$4.63
ISK593
|
|
| Local cheese (8 oz) |
$2.56
CA$3.54
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$9.27
CA$12.82
|
$7.63
ISK976
|
|
|
Eggs
1 dozen
|
$2.62
CA$3.63
|
$6.50
ISK832
|
|
| Boneless chicken breast (1 lb) |
$4.72
CA$6.53
|
$11.29
ISK1,445
|
|
| Apples (1 lb) |
$2.66
CA$3.67
|
$1.59
ISK204
|
|
| Bananas (1 lb) |
$0.76
CA$1.05
|
$1.17
ISK150
|
|
| Oranges (1 lb) |
$1.53
CA$2.12
|
$1.49
ISK190
|
|
| Tomatoes (1 lb) |
$1.63
CA$2.26
|
$2.54
ISK325
|
|
| Potatoes (1 lb) |
$1.08
CA$1.50
|
$1.70
ISK217
|
|
| Onions (1 lb) |
$1.50
CA$2.07
|
$1.13
ISK145
|
|
Cornwall vs. Reykjavik - Cost of groceries
Improve prices ·
Change currency (USD)
pay 2.3 times more for transportation
|
Cornwall
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.98
CA$5.50
|
$9.66
ISK1,236
|
|
| Monthly public transit pass |
$47.72
CA$65.99
|
$88.58
ISK11,337
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,878.59
CA$30,254.81
|
$50,771.00
ISK6,497,672
|
|
| Taxi trip in downtown area (5 miles) |
$11.48
CA$15.88
|
$28.07
ISK3,592
|
|
Cornwall vs. Reykjavik - Cost of transportation
Improve prices ·
Change currency (USD)
pay 74.2% more for housing
|
Cornwall
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$45.75
CA$63.26
|
$81.97
ISK10,490
|
|
| 1-Bedroom apartment in downtown area |
$1,058.44
CA$1,463.67
|
$2,259.48
ISK289,169
|
|
| 1-Bedroom apartment outside city center |
$932.87
CA$1,290.01
|
$2,034.90
ISK260,427
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$70.92
CA$98.07
|
$60.87
ISK7,791
|
|
Cornwall vs. Reykjavik - Cost of housing
Improve prices ·
Change currency (USD)
pay 66.4% more for childcare
|
Cornwall
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$502.31
CA$694.62
|
$327.78
ISK41,949
|
|
| Middle school for 1 child, two semesters |
$11,481.44
CA$15,877.10
|
$30,711.08
ISK3,930,404
|
|
Cornwall vs. Reykjavik - Cost of childcare
Improve prices ·
Change currency (USD)
pay 90.4% more for entertainment and sports
|
Cornwall
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.70
CA$7.89
|
$13.12
ISK1,680
|
|
| Cappuccino in mid-range area |
$4.13
CA$5.71
|
$6.17
ISK790
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.55
CA$14.59
|
$13.94
ISK1,783
|
|
| Monthly membership at local gym |
$31.10
CA$43.00
|
$87.35
ISK11,179
|
|
| Movie ticket to theater/cinema |
$10.76
CA$14.88
|
$17.18
ISK2,199
|
|
Cornwall vs. Reykjavik - Cost of entertainment and sports
Improve prices ·
Change currency (USD)
pay 2.1 times more for clothing
|
Cornwall
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.82
CA$74.42
|
$145.10
ISK18,569
|
|
|
Regular dress
from H&M or similar store
|
$57.41
CA$79.39
|
$63.97
ISK8,187
|
|
|
Running shoes
Nike or Adidas
|
$96.87
CA$133.96
|
$193.43
ISK24,755
|
|
| Men's business shoes (leather) |
$89.70
CA$124.04
|
$248.79
ISK31,840
|
|
Cornwall vs. Reykjavik - Cost of clothing
Improve prices ·
Change currency (USD)
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
Change currency:
Compare countries by overall cost of living
See the
cost of living in Canada vs. Iceland.
This provides a comparison of the average cost of living from cities within Canada and Iceland.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Cornwall. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.