Cost of living comparison

Canada

compared to

Iceland

Reykjavik vs. Kitchener Cost of Living Summary

Reykjavik is 60.2% more expensive than Kitchener.

Restaurants: pay 94.3% more in Reykjavik
Groceries: pay 28.4% more in Reykjavik
Transportation: pay 68.1% more in Reykjavik
Housing: pay 50.3% more in Reykjavik
Childcare: pay 80.8% more in Reykjavik
Entertainment and Sports: pay 79.3% more in Reykjavik
Clothing: pay 2.3 times more in Reykjavik

The cost of clothing, restaurants, childcare, entertainment and sports, transportation, and housing in Reykjavik are more expensive than in Kitchener. Notably, clothing, restaurants, and childcare are significantly more expensive in Reykjavik.

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Reykjavik vs. Kitchener Cost Breakdown

If you lived in Reykjavik instead of Kitchener, you would:

Display currency: USD

pay 94.3% more for restaurants

	Kitchener	Reykjavik
Basic meal with drink at inexpensive restaurant	$17.60 CA$24.84	$31.06 ISK3,813	+76.5%
Fast food combo meal McDonalds, or similar	$10.56 CA$14.90	$26.97 ISK3,312	+155.4%
Bottle of Coca-Cola (11 fl. oz)	$2.24 CA$3.16	$3.31 ISK407	+47.9%
Bottle of water (11 fl. oz)	$2.05 CA$2.90	$3.11 ISK381	+51.3%
Average			+94.3%

Kitchener vs. Reykjavik - Cost of restaurants

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pay 28.4% more for groceries

	Kitchener	Reykjavik
Bread 1 loaf	$2.84 CA$4.02	$4.19 ISK515	+47.4%
Local cheese (8 oz)	$5.56 CA$7.85	$10.93 ISK1,342	+96.5%
Milk (1 gallon)	$8.46 CA$11.94	$7.78 ISK955	-8.1%
Eggs 1 dozen	$3.29 CA$4.64	$7.08 ISK869	+115.4%
Boneless chicken breast (1 lb)	$5.90 CA$8.33	$11.00 ISK1,351	+86.5%
Apples (1 lb)	$1.87 CA$2.64	$1.50 ISK185	-19.5%
Bananas (1 lb)	$0.85 CA$1.20	$1.27 ISK156	+49.7%
Oranges (1 lb)	$1.81 CA$2.56	$1.46 ISK179	-19.6%
Tomatoes (1 lb)	$1.96 CA$2.77	$2.93 ISK360	+49.6%
Potatoes (1 lb)	$1.17 CA$1.65	$1.78 ISK218	+52.2%
Onions (1 lb)	$1.14 CA$1.61	$0.76 ISK93	-33.7%
Average			+28.4%

Kitchener vs. Reykjavik - Cost of groceries

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pay 68.1% more for transportation

	Kitchener	Reykjavik
Gasoline (1 gallon)	$4.40 CA$6.21	$7.76 ISK953	+76.6%
Monthly public transit pass	$67.57 CA$95.39	$94.80 ISK11,641	+40.3%
New Volkswagen Golf 1.4 (standard edition)	$27,858.70 CA$39,326.74	$50,588.43 ISK6M	+81.6%
Taxi trip in downtown area (5 miles)	$16.54 CA$23.35	$29.26 ISK3,593	+76.9%
Average			+68.1%

Kitchener vs. Reykjavik - Cost of transportation

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pay 50.3% more for housing

	Kitchener	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$58.30 CA$82.30	$86.01 ISK10,561	+47.5%
1-Bedroom apartment in downtown area	$1,323.25 CA$1,867.97	$2,522.88 ISK310K	+90.7%
1-Bedroom apartment outside city center	$1,222.37 CA$1,725.55	$2,032.25 ISK250K	+66.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$119.58 CA$168.80	$73.44 ISK9,018	-38.6%
Average			+50.3%

Kitchener vs. Reykjavik - Cost of housing

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pay 80.8% more for childcare

	Kitchener	Reykjavik
Private preschool for 1 child, monthly	$578.85 CA$817.14	$1,185.23 ISK146K	+104.8%
Middle school for 1 child, two semesters	$16,188.74 CA$22,852.83	$25,853.51 ISK3M	+59.7%
Average			+80.8%

Kitchener vs. Reykjavik - Cost of childcare

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pay 79.3% more for entertainment and sports

	Kitchener	Reykjavik
Domestic/local beer (1 pint)	$5.63 CA$7.95	$13.89 ISK1,706	+146.7%
Cappuccino in mid-range area	$3.97 CA$5.61	$6.74 ISK828	+69.8%
Pack of cigarettes Marlboro or similar	$14.64 CA$20.67	$13.89 ISK1,706	-5.1%
Monthly membership at local gym	$36.10 CA$50.96	$100.25 ISK12,310	+177.7%
Movie ticket to theater/cinema	$16.19 CA$22.85	$19.57 ISK2,403	+20.9%
Average			+79.3%

Kitchener vs. Reykjavik - Cost of entertainment and sports

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pay 2.3 times more for clothing

	Kitchener	Reykjavik
Regular jeans Levi's brand	$55.27 CA$78.02	$149.01 ISK18,297	+169.6%
Regular dress from H&M or similar store	$38.08 CA$53.76	$65.79 ISK8,078	+72.8%
Running shoes Nike or Adidas	$77.19 CA$108.97	$181.84 ISK22,328	+135.6%
Men's business shoes (leather)	$99.84 CA$140.94	$248.81 ISK30,551	+149.2%
Average			+128.7%

Kitchener vs. Reykjavik - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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