Moving to Canada from Iceland

moving to

What to Expect

A comprehensive look at what changes when you move from Iceland to Canada — from daily expenses to quality of life.

If you moved from Iceland to Canada, you would find that Canada is 24.4% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly CA$60,074 in Canada to maintain the same lifestyle, and you’d need to navigate life in English and French.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Iceland to Canada.

What does your salary buy?

ISK9,423,000 CA$60,074

To maintain the same standard of living in Canada

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 40.9% less

Groceries

pay 21.2% less

Transportation

pay 39.8% less

Housing

pay 13.0% less

Childcare

pay 27.2% more

Entertainment and Sports

pay 34.0% less

See full cost of living breakdown
Exchange rate: 1 ISK = 0.0113 CAD (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

Real numbers on people moving from Iceland to Canada, and how the trend has changed.

Moved in 2023
15

people moved from Iceland to Canada · OECD (latest data available)

Who's moving to Canada?

Top countries of origin for Canada's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Iceland and Canada stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IS
1.1
CA
2.3
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

IS
91%
CA
88%

Iceland performs better than Canada across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
CA
$7,646
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IS
45.2
CA
25.0

Iceland generally does better on health & wellbeing, though Canada leads in health coverage index.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

IS
8.0
CA
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IS
8.5t
CA
14.0t

Iceland performs better than Canada across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
CA
42.6
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IS
0.4%
CA
3.7%

Iceland generally does better on infrastructure, though Canada leads in broadband per 100 people.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
CA
5.4%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
CA
$55,800

Iceland generally does better on employment & economy, though Canada leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
CA
83.8 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
CA
4.4

Iceland generally does better on family life, though Canada leads in life expectancy.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Ottawa Rain: 37.1 in/yr (943 mm)
52° / 34°F

Avg. annual high / low

Months Reykjavik Ottawa
Jan–Mar 37°/28°F (3°/-2°C) 27°/10°F (-3°/-12°C)
Apr–Jun 48°/38°F (9°/4°C) 64°/45°F (18°/7°C)
Jul–Sep 54°/45°F (12°/7°C) 75°/55°F (24°/13°C)
Oct–Dec 39°/31°F (4°/-1°C) 41°/25°F (5°/-4°C)
View all months
Month Reykjavik Ottawa
Jan 35°/27°F (1.9°/-3.0°C) 21°/4°F (-6.1°/-15.3°C)
Feb 37°/28°F (2.8°/-2.1°C) 25°/8°F (-4.1°/-13.3°C)
Mar 38°/28°F (3.2°/-2.0°C) 36°/19°F (2.2°/-7.1°C)
Apr 42°/33°F (5.7°/0.4°C) 51°/33°F (10.8°/0.6°C)
May 49°/38°F (9.4°/3.6°C) 66°/46°F (19.1°/7.7°C)
Jun 53°/44°F (11.7°/6.7°C) 75°/55°F (23.8°/12.7°C)
Jul 56°/47°F (13.3°/8.3°C) 80°/60°F (26.5°/15.4°C)
Aug 55°/46°F (13.0°/7.9°C) 77°/57°F (24.9°/14.1°C)
Sep 50°/41°F (10.1°/5.0°C) 67°/48°F (19.5°/9.1°C)
Oct 44°/36°F (6.8°/2.2°C) 54°/37°F (12.5°/3.0°C)
Nov 38°/30°F (3.4°/-1.3°C) 41°/27°F (4.8°/-2.8°C)
Dec 36°/27°F (2.2°/-2.8°C) 27°/12°F (-3.0°/-11.1°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office, Meteorological Service of Canada Meteorological Service of Canada

Visitor Visa Requirements

Short-stay tourist visa rules between Iceland and Canada. To live, work, or study long-term in Canada, you'll need a separate residence or work visa — check Canada's immigration authority.

Iceland passport

Iceland passport holder visiting Canada

Electronic Travel Authorisation
Iceland passport holders need an electronic travel authorisation (ETA) to enter Canada.
Canada passport

Canada passport holder visiting Iceland

Visa Free
Canada passport holders can enter Iceland without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Canada than Iceland?

Generally yes: Canada runs about 43% cheaper than Iceland on average, though it depends heavily on the city.

How much money do I need to move to Canada?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a ISK9,423,000 comparable salary, that's around CA$15,018 in Canada for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Canada?

With 42.6 fixed broadband subscriptions per 100 people, Canada can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Iceland and Canada.

Is Canada safe for expats?

Iceland performs better than Canada across all safety metrics. The homicide rate in Canada is 2.3 per 100,000 people, compared to 1.1 in Iceland. About 88% of people in Canada feel safe walking alone at night.

How is healthcare in Canada compared to Iceland?

Iceland generally does better on health & wellbeing, though Canada leads in health coverage index. There are 25.0 doctors per 10,000 people in Canada, compared to 45.2 in Iceland. Canada scores 91 on the WHO universal health coverage index (Iceland: 89).

What's the weather like in Canada compared to Iceland?

The average high temperature in Ottawa is 52°F, compared to 45°F in Reykjavik. Ottawa receives around 37.1 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Canada?

The official languages in Canada are English and French. In Iceland, the official language is Icelandic.

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At a Glance

IS CA
Population 357,603 38,232,593
Currency Icelandic Króna (ISK) Canadian Dollar (CA$)
Languages Icelandic English, French
Driving side Right Right
Calling code +354 +1
Time zones 1 6
Emergency number 112 911