Cost of living comparison

compared to

Reykjavik vs. Ottawa Cost of Living Summary

Reykjavik is 21.5% more expensive than Ottawa.

Restaurants: pay 41.6% more in Reykjavik
Groceries: pay 17.9% more in Reykjavik
Transportation: pay 47.0% more in Reykjavik
Housing: pay 15.2% more in Reykjavik
Childcare: pay 72.3% less in Reykjavik
Entertainment and Sports: pay 42.8% more in Reykjavik
Clothing: pay 58.2% more in Reykjavik

The cost of clothing, transportation, entertainment and sports, restaurants, groceries, and housing in Reykjavik are more expensive than in Ottawa.

Reykjavik vs. Ottawa Cost Breakdown

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

Display currency: USD

pay 41.6% more for restaurants

	Ottawa	Reykjavik
Basic meal with drink at inexpensive restaurant	$17.96 CA$26.01	$20.00 ISK2,833	+11.3%
Fast food combo meal McDonalds, or similar	$10.78 CA$15.61	$18.02 ISK2,553	+67.2%
Bottle of Coca-Cola (11 fl. oz)	$2.17 CA$3.14	$3.15 ISK447	+45.3%
Bottle of water (11 fl. oz)	$1.53 CA$2.22	$2.19 ISK310	+42.8%
Average			+41.6%

Ottawa vs. Reykjavik - Cost of restaurants

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pay 17.9% more for groceries

	Ottawa	Reykjavik
Bread 1 loaf	$2.65 CA$3.84	$3.61 ISK512	+36.3%
Local cheese (8 oz)	$6.28 CA$9.09	$7.76 ISK1,099	+23.5%
Milk (1 gallon)	$9.92 CA$14.37	$6.40 ISK907	-35.5%
Eggs 1 dozen	$3.31 CA$4.80	$5.76 ISK816	+73.7%
Boneless chicken breast (1 lb)	$5.89 CA$8.53	$9.45 ISK1,338	+60.4%
Apples (1 lb)	$1.93 CA$2.80	$1.40 ISK199	-27.5%
Bananas (1 lb)	$0.64 CA$0.92	$1.01 ISK143	+58.5%
Oranges (1 lb)	$1.44 CA$2.09	$1.22 ISK172	-15.6%
Tomatoes (1 lb)	$1.69 CA$2.44	$2.22 ISK315	+31.8%
Potatoes (1 lb)	$1.20 CA$1.74	$1.43 ISK203	+19.4%
Onions (1 lb)	$1.31 CA$1.89	$0.93 ISK132	-28.5%
Average			+17.9%

Ottawa vs. Reykjavik - Cost of groceries

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pay 47.0% more for transportation

	Ottawa	Reykjavik
Gasoline (1 gallon)	$4.15 CA$6.01	$8.50 ISK1,204	+104.9%
Monthly public transit pass	$92.50 CA$133.96	$74.95 ISK10,619	-19.0%
New Volkswagen Golf 1.4 (standard edition)	$24,412.64 CA$35,353.16	$42,450.45 ISK6,013,955	+73.9%
Taxi trip in downtown area (5 miles)	$18.80 CA$27.22	$24.05 ISK3,407	+28.0%
Average			+47.0%

Ottawa vs. Reykjavik - Cost of transportation

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pay 15.2% more for housing

	Ottawa	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$50.21 CA$72.72	$69.87 ISK9,898	+39.1%
1-Bedroom apartment in downtown area	$1,425.51 CA$2,064.36	$1,971.17 ISK279,256	+38.3%
1-Bedroom apartment outside city center	$1,269.57 CA$1,838.52	$1,803.44 ISK255,493	+42.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$131.33 CA$190.19	$53.95 ISK7,644	-58.9%
Average			+15.2%

Ottawa vs. Reykjavik - Cost of housing

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pay 72.3% less for childcare

	Ottawa	Reykjavik
Private preschool for 1 child, monthly	$999.72 CA$1,447.75	$252.14 ISK35,721	-74.8%
Middle school for 1 child, two semesters	$19,936.07 CA$28,870.42	$5,993.99 ISK849,169	-69.9%
Average			-72.3%

Ottawa vs. Reykjavik - Cost of childcare

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pay 42.8% more for entertainment and sports

	Ottawa	Reykjavik
Domestic/local beer (1 pint)	$5.75 CA$8.32	$10.81 ISK1,532	+88.1%
Cappuccino in mid-range area	$3.71 CA$5.37	$5.31 ISK752	+43.0%
Pack of cigarettes Marlboro or similar	$12.93 CA$18.73	$12.25 ISK1,735	-5.3%
Monthly membership at local gym	$46.27 CA$67.01	$69.95 ISK9,909	+51.2%
Movie ticket to theater/cinema	$10.78 CA$15.61	$14.77 ISK2,093	+37.1%
Average			+42.8%

Ottawa vs. Reykjavik - Cost of entertainment and sports

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pay 58.2% more for clothing

	Ottawa	Reykjavik
Regular jeans Levi's brand	$57.20 CA$82.83	$108.97 ISK15,438	+90.5%
Regular dress from H&M or similar store	$44.39 CA$64.28	$49.72 ISK7,044	+12.0%
Running shoes Nike or Adidas	$97.78 CA$141.59	$151.85 ISK21,513	+55.3%
Men's business shoes (leather)	$110.86 CA$160.54	$194.16 ISK27,506	+75.1%
Average			+58.2%

Ottawa vs. Reykjavik - Cost of clothing

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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: January 2025

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