Cost of living comparison

compared to

Keflavik vs. Ottawa Cost of Living Summary

Keflavik is 51.3% more expensive than Ottawa.

Restaurants
pay 65.0% more in Keflavik
Groceries
pay 28.5% more in Keflavik
Transportation
pay 78.0% more in Keflavik
Housing
pay 13.9% more in Keflavik
Childcare
pay 18.3% more in Keflavik
Entertainment and Sports
pay 40.4% more in Keflavik
Clothing
pay 2.1 times more in Keflavik

The cost of clothing, transportation, restaurants, entertainment and sports, groceries, and childcare in Keflavik are more expensive than in Ottawa. Notably, clothing and transportation are significantly more expensive in Keflavik.

Keflavik vs. Ottawa Cost Breakdown

If you lived in Keflavik instead of Ottawa, you would:

pay 65.0% more for restaurants

 
Ottawa
Keflavik
Basic meal with drink at inexpensive restaurant $17.99
CA$24.78
$24.61
ISK3,110
Fast food combo meal
McDonalds, or similar
$11.01
CA$15.17
$20.51
ISK2,592
Bottle of Coca-Cola (11 fl. oz) $2.00
CA$2.76
$3.28
ISK415

Improve prices ·

pay 28.5% more for groceries

 
Ottawa
Keflavik
Bread
1 loaf
$2.73
CA$3.76
$4.63
ISK586
Local cheese (8 oz) $5.85
CA$8.06
$9.44
ISK1,193
Milk (1 gallon) $8.65
CA$11.92
$7.63
ISK964

Improve prices ·

pay 78.0% more for transportation

 
Ottawa
Keflavik
Gasoline (1 gallon) $4.05
CA$5.58
$9.66
ISK1,221
Monthly public transit pass $97.12
CA$133.83
$76.28
ISK9,642
New Volkswagen Golf 1.4 (standard edition) $24,444.83
CA$33,683.76
$50,771.00
ISK6,417,454

Improve prices ·

pay 13.9% more for housing

 
Ottawa
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$49.93
CA$68.80
$81.97
ISK10,361
1-Bedroom apartment in downtown area $1,452.55
CA$2,001.55
$1,886.48
ISK238,451
1-Bedroom apartment outside city center $1,228.71
CA$1,693.10
$1,353.35
ISK171,063

Improve prices ·

pay 18.3% more for childcare

 
Ottawa
Keflavik
Private preschool for 1 child, monthly $788.18
CA$1,086.07
$327.78
ISK41,431
Middle school for 1 child, two semesters $15,753.32
CA$21,707.29
$30,711.08
ISK3,881,881

Improve prices ·

pay 40.4% more for entertainment and sports

 
Ottawa
Keflavik
Domestic/local beer (1 pint) $5.76
CA$7.93
$8.20
ISK1,037
Cappuccino in mid-range area $3.74
CA$5.16
$4.10
ISK518
Pack of cigarettes
Marlboro or similar
$12.95
CA$17.84
$13.94
ISK1,761

Improve prices ·

pay 2.1 times more for clothing

 
Ottawa
Keflavik
Regular jeans
Levi's brand
$52.82
CA$72.79
$145.10
ISK18,340
Regular dress
from H&M or similar store
$38.91
CA$53.62
$63.97
ISK8,086
Running shoes
Nike or Adidas
$87.10
CA$120.02
$185.91
ISK23,500

Improve prices ·
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
Share this

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 Keflavik or Ottawa. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.