Cost of living comparison
Reykjavik is 23.9% more expensive than Halifax.
- Restaurants
-
pay 42.5% more in Reykjavik
- Groceries
-
pay 15.7% more in Reykjavik
- Transportation
-
pay 61.4% more in Reykjavik
- Housing
-
pay 5.4% more in Reykjavik
- Childcare
-
pay 63.0% less in Reykjavik
- Entertainment and Sports
-
pay 39.9% more in Reykjavik
- Clothing
-
pay 65.3% more in Reykjavik
The cost of clothing, transportation, restaurants, entertainment and sports, groceries, and housing in Reykjavik are more expensive than in Halifax.
If you lived in Reykjavik instead of Halifax, you would:
pay 42.5% more for restaurants
|
Halifax
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.96
CA$25.85
|
$20.00
ISK2,689
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.70
CA$13.96
|
$18.02
ISK2,423
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.17
CA$3.13
|
$3.15
ISK424
|
|
| Bottle of water (11 fl. oz) |
$1.71
CA$2.46
|
$2.19
ISK294
|
|
pay 15.7% more for groceries
|
Halifax
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.76
CA$3.97
|
$3.61
ISK485
|
|
| Local cheese (8 oz) |
$5.14
CA$7.40
|
$7.76
ISK1,043
|
|
| Milk (1 gallon) |
$7.84
CA$11.28
|
$6.40
ISK861
|
|
|
Eggs
1 dozen
|
$3.78
CA$5.44
|
$5.76
ISK774
|
|
| Boneless chicken breast (1 lb) |
$5.93
CA$8.54
|
$9.45
ISK1,270
|
|
| Apples (1 lb) |
$2.02
CA$2.90
|
$1.40
ISK189
|
|
| Bananas (1 lb) |
$0.72
CA$1.03
|
$1.01
ISK136
|
|
| Oranges (1 lb) |
$1.79
CA$2.58
|
$1.22
ISK164
|
|
| Tomatoes (1 lb) |
$2.10
CA$3.02
|
$2.22
ISK299
|
|
| Potatoes (1 lb) |
$1.12
CA$1.61
|
$1.43
ISK193
|
|
| Onions (1 lb) |
$1.10
CA$1.58
|
$0.93
ISK126
|
|
pay 61.4% more for transportation
|
Halifax
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.77
CA$6.87
|
$8.50
ISK1,143
|
|
| Monthly public transit pass |
$63.95
CA$92.01
|
$74.95
ISK10,078
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,412.64
CA$35,128.57
|
$42,450.45
ISK5,707,888
|
|
| Taxi trip in downtown area (5 miles) |
$13.62
CA$19.59
|
$24.05
ISK3,234
|
|
pay 5.4% more for housing
|
Halifax
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$73.38
CA$105.59
|
$69.87
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$1,451.23
CA$2,088.24
|
$1,971.17
ISK265,044
|
|
| 1-Bedroom apartment outside city center |
$1,184.90
CA$1,705.01
|
$1,803.44
ISK242,491
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$140.36
CA$201.97
|
$53.95
ISK7,255
|
|
pay 63.0% less for childcare
|
Halifax
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$828.25
CA$1,191.81
|
$252.14
ISK33,903
|
|
| Middle school for 1 child, two semesters |
$13,770.94
CA$19,815.69
|
$5,993.99
ISK805,952
|
|
pay 39.9% more for entertainment and sports
|
Halifax
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.75
CA$8.27
|
$10.81
ISK1,454
|
|
| Cappuccino in mid-range area |
$3.64
CA$5.24
|
$5.31
ISK713
|
|
|
Pack of cigarettes
Marlboro or similar
|
$14.94
CA$21.50
|
$12.25
ISK1,646
|
|
| Monthly membership at local gym |
$51.14
CA$73.59
|
$69.95
ISK9,405
|
|
| Movie ticket to theater/cinema |
$10.06
CA$14.47
|
$14.77
ISK1,987
|
|
pay 65.3% more for clothing
|
Halifax
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$63.28
CA$91.06
|
$108.97
ISK14,652
|
|
|
Regular dress
from H&M or similar store
|
$32.97
CA$47.44
|
$49.72
ISK6,685
|
|
|
Running shoes
Nike or Adidas
|
$96.40
CA$138.71
|
$151.85
ISK20,418
|
|
| Men's business shoes (leather) |
$107.45
CA$154.61
|
$194.16
ISK26,106
|
|
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