Cost of living comparison

compared to

Ajax vs. Reykjavik Cost of Living Summary

Ajax is 21.4% cheaper than Reykjavik.

Restaurants
pay 49.5% less in Ajax
Groceries
pay 24.8% less in Ajax
Transportation
pay 47.9% less in Ajax
Housing
pay 17.4% more in Ajax
Childcare
pay 55.1% more in Ajax
Entertainment and Sports
pay 43.0% less in Ajax
Clothing
pay 57.4% less in Ajax

The cost of childcare and housing in Ajax are more expensive than in Reykjavik. Expenses including clothing, restaurants, transportation, entertainment and sports, and groceries are lower in Ajax.

Ajax vs. Reykjavik Cost Breakdown

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

pay 49.5% less for restaurants

 
Reykjavik
Ajax
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$14.71
CA$20.27
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$10.76
CA$14.83
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$1.83
CA$2.52

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pay 24.8% less for groceries

 
Reykjavik
Ajax
Bread
1 loaf
$4.63
ISK586
$2.25
CA$3.11
Local cheese (8 oz) $9.44
ISK1,193
$3.96
CA$5.46
Milk (1 gallon) $7.63
ISK964
$11.44
CA$15.77

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pay 47.9% less for transportation

 
Reykjavik
Ajax
Gasoline (1 gallon) $9.66
ISK1,221
$4.00
CA$5.51
Monthly public transit pass $88.58
ISK11,197
$63.87
CA$88.00
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$24,382.26
CA$33,597.54

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pay 17.4% more for housing

 
Reykjavik
Ajax
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$57.85
CA$79.72
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,793.97
CA$2,472.01
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$1,793.97
CA$2,472.01

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pay 55.1% more for childcare

 
Reykjavik
Ajax
Private preschool for 1 child, monthly $327.78
ISK41,431
$896.99
CA$1,236.00
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$11,242.24
CA$15,491.24

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pay 43.0% less for entertainment and sports

 
Reykjavik
Ajax
Domestic/local beer (1 pint) $13.12
ISK1,659
$3.59
CA$4.94
Cappuccino in mid-range area $6.17
ISK780
$3.34
CA$4.60
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$13.63
CA$18.78

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pay 57.4% less for clothing

 
Reykjavik
Ajax
Regular jeans
Levi's brand
$145.10
ISK18,340
$48.44
CA$66.74
Regular dress
from H&M or similar store
$63.97
ISK8,086
$35.88
CA$49.44
Running shoes
Nike or Adidas
$193.43
ISK24,449
$86.11
CA$118.66

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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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