Cost of living comparison

compared to

Grande Prairie vs. Reykjavik Cost of Living Summary

Grande Prairie is 15.0% cheaper than Reykjavik.

Restaurants: pay 31.4% less in Grande Prairie
Groceries: pay 27.3% less in Grande Prairie
Transportation: pay 45.8% less in Grande Prairie
Housing: pay 52.6% more in Grande Prairie
Childcare: pay 45.0% more in Grande Prairie
Entertainment and Sports: pay 34.0% less in Grande Prairie
Clothing: pay 64.3% less in Grande Prairie

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

Grande Prairie vs. Reykjavik Cost Breakdown

If you lived in Grande Prairie instead of Reykjavik, you would:

Display currency: USD

pay 31.4% less for restaurants

	Reykjavik	Grande Prairie
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,452	$17.94 CA$24.75	-34.7%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,859	$11.12 CA$15.34	-51.1%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK419	$2.52 CA$3.48	-24.3%
Bottle of water (11 fl. oz)	$2.70 ISK339	$2.28 CA$3.15	-15.3%
Average			-31.4%

Reykjavik vs. Grande Prairie - Cost of restaurants

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pay 27.3% less for groceries

	Reykjavik	Grande Prairie
Bread 1 loaf	$4.63 ISK582	$2.30 CA$3.17	-50.3%
Local cheese (8 oz)	$9.44 ISK1,186	$6.07 CA$8.37	-35.7%
Milk (1 gallon)	$7.63 ISK959	$6.82 CA$9.40	-10.7%
Eggs 1 dozen	$6.50 ISK817	$3.13 CA$4.32	-51.9%
Boneless chicken breast (1 lb)	$11.29 ISK1,419	$4.93 CA$6.79	-56.4%
Apples (1 lb)	$1.59 ISK200	$2.02 CA$2.78	+26.7%
Bananas (1 lb)	$1.17 ISK147	$0.58 CA$0.79	-50.7%
Oranges (1 lb)	$1.49 ISK187	$1.95 CA$2.69	+31.0%
Tomatoes (1 lb)	$2.54 ISK319	$1.79 CA$2.47	-29.5%
Potatoes (1 lb)	$1.70 ISK213	$0.74 CA$1.02	-56.6%
Onions (1 lb)	$1.13 ISK142	$0.94 CA$1.30	-16.5%
Average			-27.3%

Reykjavik vs. Grande Prairie - Cost of groceries

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pay 45.8% less for transportation

	Reykjavik	Grande Prairie
Gasoline (1 gallon)	$9.66 ISK1,214	$3.72 CA$5.13	-61.5%
Monthly public transit pass	$88.58 ISK11,129	$53.46 CA$73.74	-39.6%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,378,360	$32,291.54 CA$44,541.33	-36.4%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,526	??
Average			-45.8%

Reykjavik vs. Grande Prairie - Cost of transportation

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pay 52.6% more for housing

	Reykjavik	Grande Prairie
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,298	$76.24 CA$105.17	-7.0%
1-Bedroom apartment in downtown area	$2,259.48 ISK283,859	$1,018.98 CA$1,405.53	-54.9%
1-Bedroom apartment outside city center	$2,034.90 ISK255,645	$914.93 CA$1,262.00	-55.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,648	$260.25 CA$358.98	+327.5%
Average			+52.6%

Reykjavik vs. Grande Prairie - Cost of housing

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pay 45.0% more for childcare

	Reykjavik	Grande Prairie
Private preschool for 1 child, monthly	$327.78 ISK41,179	$475.40 CA$655.75	+45.0%
Middle school for 1 child, two semesters	$30,711.08 ISK3,858,233	??
Average			+45.0%

Reykjavik vs. Grande Prairie - Cost of childcare

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pay 34.0% less for entertainment and sports

	Reykjavik	Grande Prairie
Domestic/local beer (1 pint)	$13.12 ISK1,649	$5.02 CA$6.93	-61.7%
Cappuccino in mid-range area	$6.17 ISK776	$3.71 CA$5.11	-39.9%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,751	$17.22 CA$23.76	+23.6%
Monthly membership at local gym	$87.35 ISK10,974	$39.47 CA$54.44	-54.8%
Movie ticket to theater/cinema	$17.18 ISK2,159	$10.76 CA$14.85	-37.4%
Average			-34.0%

Reykjavik vs. Grande Prairie - Cost of entertainment and sports

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pay 64.3% less for clothing

	Reykjavik	Grande Prairie
Regular jeans Levi's brand	$145.10 ISK18,228	$71.04 CA$97.99	-51.0%
Regular dress from H&M or similar store	$63.97 ISK8,036	$17.94 CA$24.75	-72.0%
Running shoes Nike or Adidas	$193.43 ISK24,301	$71.76 CA$98.98	-62.9%
Men's business shoes (leather)	$248.79 ISK31,256	$71.76 CA$98.98	-71.2%
Average			-64.3%

Reykjavik vs. Grande Prairie - 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: December 2025

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