Cost of living comparison

compared to

Prince George vs. Reykjavik Cost of Living Summary

Prince George is 14.8% cheaper than Reykjavik.

Restaurants
pay 36.2% less in Prince George
Groceries
pay 10.0% less in Prince George
Transportation
pay 49.1% less in Prince George
Housing
pay 5.7% less in Prince George
Childcare
pay 80.6% more in Prince George
Entertainment and Sports
pay 36.7% less in Prince George
Clothing
pay 46.5% less in Prince George

Expenses including transportation, clothing, entertainment and sports, restaurants, groceries, and housing are lower in Prince George. Notably, childcare is significantly more expensive in Prince George.

Prince George vs. Reykjavik Cost Breakdown

If you lived in Prince George instead of Reykjavik, you would:

pay 36.2% less for restaurants

 
Reykjavik
Prince George
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$17.94
CA$24.72
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$8.73
CA$12.02
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$2.18
CA$3.01

Improve prices ·

pay 10.0% less for groceries

 
Reykjavik
Prince George
Bread
1 loaf
$4.63
ISK586
$2.87
CA$3.95
Local cheese (8 oz) $9.44
ISK1,193
$3.23
CA$4.45
Milk (1 gallon) $7.63
ISK964
$7.35
CA$10.13

Improve prices ·

pay 49.1% less for transportation

 
Reykjavik
Prince George
Gasoline (1 gallon) $9.66
ISK1,221
$4.43
CA$6.11
Monthly public transit pass $88.58
ISK11,197
$43.06
CA$59.33
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$25,165.87
CA$34,677.31

Improve prices ·

pay 5.7% less for housing

 
Reykjavik
Prince George
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$61.00
CA$84.05
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$947.22
CA$1,305.22
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$904.16
CA$1,245.89

Improve prices ·

pay 80.6% more for childcare

 
Reykjavik
Prince George
Private preschool for 1 child, monthly $327.78
ISK41,431
$592.01
CA$815.76
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
??

Improve prices ·

pay 36.7% less for entertainment and sports

 
Reykjavik
Prince George
Domestic/local beer (1 pint) $13.12
ISK1,659
$5.74
CA$7.91
Cappuccino in mid-range area $6.17
ISK780
$3.87
CA$5.33
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$15.07
CA$20.76

Improve prices ·

pay 46.5% less for clothing

 
Reykjavik
Prince George
Regular jeans
Levi's brand
$145.10
ISK18,340
$62.08
CA$85.54
Regular dress
from H&M or similar store
$63.97
ISK8,086
$39.47
CA$54.38
Running shoes
Nike or Adidas
$193.43
ISK24,449
$94.34
CA$129.99

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 Iceland vs. Canada. This provides a comparison of the average cost of living from cities within Iceland and Canada.

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