Cost of living comparison
Iceland is 22.7% more expensive than Montreal.
If you lived in Iceland instead of Montreal, you would:
pay 37.2% more for restaurants
Montreal
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$14.75
CA$20.18
|
$17.84
ISK2,489
|
|
Fast food combo meal
McDonalds, or similar
|
$10.59
CA$14.49
|
$14.27
ISK1,991
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.75
CA$2.39
|
$2.32
ISK323
|
|
Bottle of water (11 fl. oz) |
$1.32
CA$1.81
|
$2.12
ISK296
|
|
pay 6.7% more for groceries
Montreal
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$2.82
CA$3.86
|
$3.42
ISK478
|
|
Local cheese (8 oz) |
$5.88
CA$8.05
|
$5.98
ISK835
|
|
Milk (1 gallon) |
$8.06
CA$11.03
|
$5.33
ISK743
|
|
Eggs
1 dozen
|
$2.99
CA$4.08
|
$5.66
ISK790
|
|
Boneless chicken breast (1 lb) |
$5.30
CA$7.25
|
$7.09
ISK990
|
|
Apples (1 lb) |
$1.47
CA$2.01
|
$1.16
ISK162
|
|
Bananas (1 lb) |
$0.69
CA$0.94
|
$0.98
ISK137
|
|
Oranges (1 lb) |
$1.50
CA$2.05
|
$1.17
ISK163
|
|
Tomatoes (1 lb) |
$1.78
CA$2.44
|
$1.84
ISK256
|
|
Potatoes (1 lb) |
$0.88
CA$1.20
|
$0.96
ISK134
|
|
Onions (1 lb) |
$1.04
CA$1.43
|
$0.51
ISK71
|
|
pay 46.3% more for transportation
Montreal
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.91
CA$6.72
|
$8.03
ISK1,121
|
|
Monthly public transit pass |
$69.32
CA$94.82
|
$77.40
ISK10,800
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,862.20
CA$31,272.06
|
$29,836.83
ISK4,163,431
|
|
Taxi trip in downtown area (5 miles) |
$13.35
CA$18.26
|
$23.97
ISK3,344
|
|
pay 36.1% more for housing
Montreal
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$44.96
CA$61.50
|
$62.40
ISK8,708
|
|
1-Bedroom apartment in downtown area |
$1,071.52
CA$1,465.68
|
$1,437.14
ISK200,539
|
|
1-Bedroom apartment outside city center |
$815.68
CA$1,115.73
|
$1,215.63
ISK169,628
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$55.94
CA$76.52
|
$68.63
ISK9,577
|
|
pay 65.2% less for childcare
Montreal
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$675.17
CA$923.53
|
$259.34
ISK36,189
|
|
Middle school for 1 child, two semesters |
$8,835.13
CA$12,085.14
|
$2,750.10
ISK383,749
|
|
pay 36.3% more for entertainment and sports
Montreal
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.53
CA$7.57
|
$8.52
ISK1,189
|
|
Cappuccino in mid-range area |
$3.49
CA$4.77
|
$4.15
ISK579
|
|
Pack of cigarettes
Marlboro or similar
|
$11.06
CA$15.13
|
$10.64
ISK1,484
|
|
Monthly membership at local gym |
$29.47
CA$40.31
|
$56.90
ISK7,940
|
|
Movie ticket to theater/cinema |
$10.32
CA$14.12
|
$12.27
ISK1,713
|
|
pay 61.6% more for clothing
Montreal
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$61.21
CA$83.73
|
$118.08
ISK16,476
|
|
Regular dress
from H&M or similar store
|
$39.51
CA$54.04
|
$50.39
ISK7,031
|
|
Running shoes
Nike or Adidas
|
$88.95
CA$121.66
|
$151.12
ISK21,087
|
|
Men's business shoes (leather) |
$112.18
CA$153.45
|
$175.20
ISK24,447
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Montreal. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.