Cost of living comparison
Reykjavik is 29.3% more expensive than Montreal.
If you lived in Reykjavik instead of Montreal, you would:
pay 36.7% more for restaurants
|
Montreal
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.35
CA$24.90
|
$21.59
ISK2,962
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.01
CA$14.94
|
$17.27
ISK2,370
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.10
CA$2.84
|
$2.90
ISK398
|
|
| Bottle of water (11 fl. oz) |
$1.55
CA$2.10
|
$2.07
ISK284
|
|
pay 19.3% more for groceries
|
Montreal
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.09
CA$4.20
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$6.28
CA$8.52
|
$7.66
ISK1,051
|
|
| Milk (1 gallon) |
$8.06
CA$10.93
|
$6.16
ISK846
|
|
|
Eggs
1 dozen
|
$3.36
CA$4.56
|
$5.91
ISK811
|
|
| Boneless chicken breast (1 lb) |
$5.63
CA$7.64
|
$8.87
ISK1,218
|
|
| Apples (1 lb) |
$1.64
CA$2.23
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.66
CA$0.89
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$1.80
CA$2.44
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$2.08
CA$2.82
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.95
CA$1.29
|
$1.42
ISK194
|
|
| Onions (1 lb) |
$1.07
CA$1.45
|
$1.01
ISK139
|
|
pay 48.3% more for transportation
|
Montreal
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.79
CA$6.50
|
$8.57
ISK1,177
|
|
| Monthly public transit pass |
$71.19
CA$96.62
|
$66.92
ISK9,184
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,936.06
CA$33,844.09
|
$41,660.67
ISK5,717,510
|
|
| Taxi trip in downtown area (5 miles) |
$15.23
CA$20.67
|
$23.30
ISK3,197
|
|
pay 46.6% more for housing
|
Montreal
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.20
CA$59.98
|
$68.45
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$1,219.08
CA$1,654.58
|
$1,864.13
ISK255,834
|
|
| 1-Bedroom apartment outside city center |
$947.47
CA$1,285.94
|
$1,666.20
ISK228,669
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$62.68
CA$85.08
|
$64.43
ISK8,843
|
|
pay 36.8% less for childcare
|
Montreal
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$659.52
CA$895.13
|
$240.37
ISK32,988
|
|
| Middle school for 1 child, two semesters |
$6,646.93
CA$9,021.45
|
$5,984.07
ISK821,254
|
|
pay 48.0% more for entertainment and sports
|
Montreal
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.24
CA$8.47
|
$10.79
ISK1,481
|
|
| Cappuccino in mid-range area |
$3.84
CA$5.21
|
$5.09
ISK698
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.01
CA$14.94
|
$11.87
ISK1,629
|
|
| Monthly membership at local gym |
$33.41
CA$45.34
|
$65.50
ISK8,990
|
|
| Movie ticket to theater/cinema |
$11.01
CA$14.94
|
$14.39
ISK1,975
|
|
pay 42.9% more for clothing
|
Montreal
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$64.92
CA$88.11
|
$103.94
ISK14,265
|
|
|
Regular dress
from H&M or similar store
|
$49.04
CA$66.56
|
$43.50
ISK5,969
|
|
|
Running shoes
Nike or Adidas
|
$87.69
CA$119.01
|
$141.47
ISK19,416
|
|
| Men's business shoes (leather) |
$108.25
CA$146.92
|
$174.65
ISK23,969
|
|
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