Cost of living comparison
compared to
Winnipeg vs. Iceland Cost of Living Summary
Winnipeg is 19.0% cheaper than Iceland overall.
Winnipeg vs. Iceland Cost Breakdown
If you lived in Winnipeg instead of Iceland, you would:
pay 37.7% less for restaurants
Iceland | Winnipeg | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $26.52 ISK3,355 | $15.56 CA$22.08 | |
| Fast food combo meal McDonalds, or similar | $21.32 ISK2,696 | $10.79 CA$15.32 | |
| Bottle of Coca-Cola (11 fl. oz) | $3.11 ISK393 | $2.27 CA$3.22 | |
| Bottle of water (11 fl. oz) | $2.72 ISK344 | $1.82 CA$2.58 | |
Iceland vs. Winnipeg - Cost of restaurants
pay 25.5% less for groceries
Iceland | Winnipeg | ||
|---|---|---|---|
| Bread 1 loaf | $3.80 ISK481 | $2.30 CA$3.26 | |
| Local cheese (8 oz) | $9.44 ISK1,194 | $5.07 CA$7.20 | |
| Milk (1 gallon) | $7.78 ISK984 | $6.24 CA$8.85 | |
| Eggs 1 dozen | $6.71 ISK849 | $3.22 CA$4.57 | |
| Boneless chicken breast (1 lb) | $11.22 ISK1,419 | $5.06 CA$7.19 | |
| Apples (1 lb) | $1.50 ISK189 | $1.74 CA$2.46 | |
| Bananas (1 lb) | $1.15 ISK145 | $0.60 CA$0.85 | |
| Oranges (1 lb) | $1.41 ISK179 | $1.70 CA$2.42 | |
| Tomatoes (1 lb) | $2.34 ISK296 | $1.62 CA$2.30 | |
| Potatoes (1 lb) | $1.65 ISK208 | $1.18 CA$1.68 | |
| Onions (1 lb) | $1.09 ISK138 | $1.11 CA$1.58 | |
Iceland vs. Winnipeg - Cost of groceries
pay 37.6% less for transportation
Iceland | Winnipeg | ||
|---|---|---|---|
| Gasoline (1 gallon) | $9.65 ISK1,221 | $3.85 CA$5.47 | |
| Monthly public transit pass | $79.56 ISK10,064 | $82.73 CA$117.44 | |
| New Volkswagen Golf 1.4 (standard edition) | $49,144.25 ISK6M | $24,444.83 CA$34,698.22 | |
| Taxi trip in downtown area (5 miles) | $25.55 ISK3,232 | $14.28 CA$20.27 | |
Iceland vs. Winnipeg - Cost of transportation
pay 17.8% less for housing
Iceland | Winnipeg | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | $95.65 ISK12,098 | $60.83 CA$86.35 | |
| 1-Bedroom apartment in downtown area | $2,289.17 ISK290K | $933.40 CA$1,324.91 | |
| 1-Bedroom apartment outside city center | $1,830.04 ISK231K | $968.66 CA$1,374.96 | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $65.15 ISK8,241 | $111.70 CA$158.55 | |
Iceland vs. Winnipeg - Cost of housing
pay 64.2% more for childcare
Iceland | Winnipeg | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $334.67 ISK42,332 | $969.73 CA$1,376.49 | |
| Middle school for 1 child, two semesters | $30,711.08 ISK4M | $11,849.51 CA$16,819.79 | |
Iceland vs. Winnipeg - Cost of childcare
pay 29.5% less for entertainment and sports
Iceland | Winnipeg | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $11.14 ISK1,409 | $5.04 CA$7.15 | |
| Cappuccino in mid-range area | $5.62 ISK711 | $3.85 CA$5.46 | |
| Pack of cigarettes Marlboro or similar | $13.90 ISK1,758 | $15.83 CA$22.47 | |
| Monthly membership at local gym | $78.17 ISK9,888 | $39.05 CA$55.43 | |
| Movie ticket to theater/cinema | $16.75 ISK2,119 | $12.59 CA$17.87 | |
Iceland vs. Winnipeg - Cost of entertainment and sports
pay 49.0% less for clothing
Iceland | Winnipeg | ||
|---|---|---|---|
| Regular jeans Levi's brand | $130.91 ISK16,558 | $48.09 CA$68.26 | |
| Regular dress from H&M or similar store | $61.83 ISK7,821 | $45.48 CA$64.56 | |
| Running shoes Nike or Adidas | $163.81 ISK20,721 | $78.46 CA$111.37 | |
| Men's business shoes (leather) | $237.31 ISK30,017 | $109.16 CA$154.94 | |
Iceland vs. Winnipeg - Cost of clothing
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: June 2026
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Compare further: Iceland vs. Winnipeg
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See the cost of living in Iceland vs. Canada. This provides a comparison of the average cost of living from cities within Iceland and Canada.
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