Cost of living comparison

compared to

Ottawa vs. Iceland Cost of Living Summary

Ottawa is 26.1% more expensive than Iceland overall.

Restaurants: pay 22.7% less in Ottawa
Groceries: pay 6.3% more in Ottawa
Transportation: pay 18.8% less in Ottawa
Housing: pay 14.6% more in Ottawa
Childcare: pay 3.6 times more in Ottawa
Entertainment and Sports: pay 19.4% less in Ottawa
Clothing: pay 37.0% less in Ottawa

The cost of childcare, housing, and groceries in Ottawa are more expensive than in Iceland. Expenses including clothing, restaurants, entertainment and sports, and transportation are lower in Ottawa. Notably, childcare is significantly more expensive in Ottawa.

Ottawa vs. Iceland Cost Breakdown

If you lived in Ottawa instead of Iceland, you would:

Display currency: USD

pay 22.7% less for restaurants

	Iceland	Ottawa
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,711	$17.96 CA$25.95	-7.4%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,368	$10.78 CA$15.57	-36.4%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK393	$2.17 CA$3.14	-22.8%
Bottle of water (11 fl. oz)	$2.02 ISK283	$1.53 CA$2.21	-24.3%
Average			-22.7%

Iceland vs. Ottawa - Cost of restaurants

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pay 6.3% more for groceries

	Iceland	Ottawa
Bread 1 loaf	$2.95 ISK413	$2.65 CA$3.83	-10.3%
Local cheese (8 oz)	$7.27 ISK1,016	$6.28 CA$9.07	-13.6%
Milk (1 gallon)	$6.01 ISK840	$9.92 CA$14.34	+65.2%
Eggs 1 dozen	$5.42 ISK757	$3.31 CA$4.79	-38.8%
Boneless chicken breast (1 lb)	$8.51 ISK1,189	$5.89 CA$8.51	-30.8%
Apples (1 lb)	$1.22 ISK171	$1.93 CA$2.79	+58.0%
Bananas (1 lb)	$1.03 ISK143	$0.64 CA$0.92	-38.0%
Oranges (1 lb)	$1.17 ISK164	$1.44 CA$2.08	+23.1%
Tomatoes (1 lb)	$1.87 ISK262	$1.69 CA$2.44	-9.9%
Potatoes (1 lb)	$1.23 ISK173	$1.20 CA$1.74	-2.6%
Onions (1 lb)	$0.78 ISK110	$1.31 CA$1.89	+66.5%
Average			+6.3%

Iceland vs. Ottawa - Cost of groceries

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pay 18.8% less for transportation

	Iceland	Ottawa
Gasoline (1 gallon)	$8.36 ISK1,169	$4.15 CA$6.00	-50.4%
Monthly public transit pass	$71.28 ISK9,963	$92.50 CA$133.65	+29.8%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,683,547	$24,412.64 CA$35,270.16	-40.0%
Taxi trip in downtown area (5 miles)	$22.04 ISK3,080	$18.80 CA$27.15	-14.7%
Average			-18.8%

Iceland vs. Ottawa - Cost of transportation

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pay 14.6% more for housing

	Iceland	Ottawa
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK10,089	$50.21 CA$72.55	-30.4%
1-Bedroom apartment in downtown area	$1,838.04 ISK256,921	$1,425.51 CA$2,059.51	-22.4%
1-Bedroom apartment outside city center	$1,497.77 ISK209,358	$1,269.57 CA$1,834.21	-15.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK8,109	$131.33 CA$189.74	+126.4%
Average			+14.6%

Iceland vs. Ottawa - Cost of housing

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pay 3.6 times more for childcare

	Iceland	Ottawa
Private preschool for 1 child, monthly	$258.16 ISK36,086	$999.72 CA$1,444.35	+287.2%
Middle school for 1 child, two semesters	$5,993.99 ISK837,840	$19,936.07 CA$28,802.64	+232.6%
Average			+259.9%

Iceland vs. Ottawa - Cost of childcare

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pay 19.4% less for entertainment and sports

	Iceland	Ottawa
Domestic/local beer (1 pint)	$9.19 ISK1,284	$5.75 CA$8.30	-37.4%
Cappuccino in mid-range area	$4.65 ISK650	$3.71 CA$5.36	-20.2%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,643	$12.93 CA$18.68	+10.0%
Monthly membership at local gym	$61.46 ISK8,591	$46.27 CA$66.85	-24.7%
Movie ticket to theater/cinema	$14.35 ISK2,006	$10.78 CA$15.57	-24.9%
Average			-19.4%

Iceland vs. Ottawa - Cost of entertainment and sports

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pay 37.0% less for clothing

	Iceland	Ottawa
Regular jeans Levi's brand	$111.23 ISK15,548	$57.20 CA$82.63	-48.6%
Regular dress from H&M or similar store	$59.69 ISK8,343	$44.39 CA$64.13	-25.6%
Running shoes Nike or Adidas	$148.00 ISK20,687	$97.78 CA$141.26	-33.9%
Men's business shoes (leather)	$184.49 ISK25,789	$110.86 CA$160.16	-39.9%
Average			-37.0%

Iceland vs. Ottawa - 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: January 2025

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