Cost of living comparison

compared to

Reykjavik vs. Penticton Cost of Living Summary

Reykjavik is 94.0% more expensive than Penticton.

Restaurants
pay 90.3% more in Reykjavik
Groceries
pay 39.8% more in Reykjavik
Transportation
pay 2.1 times more in Reykjavik
Housing
pay 57.0% more in Reykjavik
Childcare
pay 2.3 times more in Reykjavik
Entertainment and Sports
pay 74.6% more in Reykjavik
Clothing
pay 2.6 times more in Reykjavik

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

Reykjavik vs. Penticton Cost Breakdown

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

pay 90.3% more for restaurants

 
Penticton
Reykjavik
Basic meal with drink at inexpensive restaurant $14.35
CA$20.07
$27.48
ISK3,517
Fast food combo meal
McDonalds, or similar
$8.61
CA$12.04
$22.76
ISK2,913
Bottle of Coca-Cola (11 fl. oz) $2.19
CA$3.07
$3.34
ISK427

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pay 39.8% more for groceries

 
Penticton
Reykjavik
Bread
1 loaf
$2.33
CA$3.26
$4.63
ISK593
Local cheese (8 oz) $4.29
CA$5.99
$9.44
ISK1,208
Milk (1 gallon) $12.16
CA$17.01
$7.63
ISK976

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pay 2.1 times more for transportation

 
Penticton
Reykjavik
Gasoline (1 gallon) $4.49
CA$6.28
$9.66
ISK1,236
Monthly public transit pass $32.29
CA$45.17
$88.58
ISK11,337
New Volkswagen Golf 1.4 (standard edition) $24,382.26
CA$34,104.69
$50,771.00
ISK6,497,672

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pay 57.0% more for housing

 
Penticton
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$68.89
CA$96.36
$81.97
ISK10,490
1-Bedroom apartment in downtown area $1,053.13
CA$1,473.07
$2,259.48
ISK289,169
1-Bedroom apartment outside city center $944.83
CA$1,321.58
$2,034.90
ISK260,427

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pay 2.3 times more for childcare

 
Penticton
Reykjavik
Private preschool for 1 child, monthly $526.23
CA$736.07
$327.78
ISK41,949
Middle school for 1 child, two semesters $7,893.49
CA$11,041.01
$30,711.08
ISK3,930,404

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pay 74.6% more for entertainment and sports

 
Penticton
Reykjavik
Domestic/local beer (1 pint) $5.02
CA$7.03
$13.12
ISK1,680
Cappuccino in mid-range area $3.89
CA$5.44
$6.17
ISK790
Pack of cigarettes
Marlboro or similar
$13.10
CA$18.32
$13.94
ISK1,783

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pay 2.6 times more for clothing

 
Penticton
Reykjavik
Regular jeans
Levi's brand
$39.47
CA$55.21
$145.10
ISK18,569
Regular dress
from H&M or similar store
$33.49
CA$46.84
$63.97
ISK8,187
Running shoes
Nike or Adidas
$81.09
CA$113.42
$193.43
ISK24,755

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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: December 2025
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