Cost of living comparison

 Regina, Canada
compared to
 Reykjavik, Iceland
Reykjavik vs. Regina Cost of Living Summary

Reykjavik is 45.6% more expensive than Regina.

Restaurants
pay 57.5% more in Reykjavik
Groceries
pay 45.9% more in Reykjavik
Transportation
pay 95.0% more in Reykjavik
Housing
pay 52.2% more in Reykjavik
Childcare
pay 49.4% less in Reykjavik
Entertainment and Sports
pay 66.2% more in Reykjavik
Clothing
pay 51.6% more in Reykjavik

The cost of transportation, entertainment and sports, restaurants, housing, clothing, and groceries in Reykjavik are more expensive than in Regina. Notably, transportation is significantly more expensive in Reykjavik.

Reykjavik vs. Regina Cost Breakdown

If you lived in Reykjavik instead of Regina, you would:

pay 57.5% more for restaurants

 
Regina
Reykjavik
Basic meal with drink at inexpensive restaurant $14.37
CA$19.56
$20.00
ISK2,419
Fast food combo meal
McDonalds, or similar
$8.62
CA$11.74
$18.02
ISK2,179
Bottle of Coca-Cola (11 fl. oz) $2.10
CA$2.86
$3.15
ISK381

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pay 45.9% more for groceries

 
Regina
Reykjavik
Bread
1 loaf
$2.08
CA$2.83
$3.61
ISK437
Local cheese (8 oz) $4.01
CA$5.46
$7.76
ISK938
Milk (1 gallon) $6.35
CA$8.64
$6.40
ISK774

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pay 95.0% more for transportation

 
Regina
Reykjavik
Gasoline (1 gallon) $4.14
CA$5.63
$8.50
ISK1,028
Monthly public transit pass $63.23
CA$86.07
$74.95
ISK9,064
New Volkswagen Golf 1.4 (standard edition) $24,412.64
CA$33,231.71
$42,450.45
ISK5,133,533

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pay 52.2% more for housing

 
Regina
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$52.99
CA$72.13
$69.87
ISK8,449
1-Bedroom apartment in downtown area $847.81
CA$1,154.08
$1,971.17
ISK238,374
1-Bedroom apartment outside city center $857.39
CA$1,167.12
$1,803.44
ISK218,090

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pay 49.4% less for childcare

 
Regina
Reykjavik
Private preschool for 1 child, monthly $610.71
CA$831.33
$252.14
ISK30,491
Middle school for 1 child, two semesters $9,986.92
CA$13,594.70
$5,993.99
ISK724,854

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pay 66.2% more for entertainment and sports

 
Regina
Reykjavik
Domestic/local beer (1 pint) $5.03
CA$6.85
$10.81
ISK1,307
Cappuccino in mid-range area $3.27
CA$4.45
$5.31
ISK642
Pack of cigarettes
Marlboro or similar
$13.65
CA$18.58
$12.25
ISK1,481

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pay 51.6% more for clothing

 
Regina
Reykjavik
Regular jeans
Levi's brand
$66.10
CA$89.98
$108.97
ISK13,178
Regular dress
from H&M or similar store
$54.01
CA$73.52
$49.72
ISK6,013
Running shoes
Nike or Adidas
$89.81
CA$122.25
$151.85
ISK18,364

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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: July 2025
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See the cost of living in Canada vs. Iceland. This provides a comparison of the average cost of living from cities within Canada and Iceland.

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