Cost of living comparison

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

Saskatoon is 0.2% cheaper than Reykjavik.

Restaurants
pay 29.8% less in Saskatoon
Groceries
pay 18.8% less in Saskatoon
Transportation
pay 35.0% less in Saskatoon
Housing
pay 27.1% more in Saskatoon
Childcare
pay 2.0 times more in Saskatoon
Entertainment and Sports
pay 24.2% less in Saskatoon
Clothing
pay 25.1% less in Saskatoon

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

Saskatoon vs. Reykjavik Cost Breakdown

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

pay 29.8% less for restaurants

 
Reykjavik
Saskatoon
Basic meal with drink at inexpensive restaurant $20.00
ISK2,482
$17.96
CA$24.67
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,236
$8.80
CA$12.09
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK391
$2.10
CA$2.88

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pay 18.8% less for groceries

 
Reykjavik
Saskatoon
Bread
1 loaf
$3.61
ISK448
$2.44
CA$3.35
Local cheese (8 oz) $7.76
ISK963
$4.20
CA$5.77
Milk (1 gallon) $6.40
ISK795
$9.29
CA$12.75

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pay 35.0% less for transportation

 
Reykjavik
Saskatoon
Gasoline (1 gallon) $8.50
ISK1,055
$4.16
CA$5.71
Monthly public transit pass $74.95
ISK9,302
$59.63
CA$81.89
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,268,101
$24,412.64
CA$33,524.66

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pay 27.1% more for housing

 
Reykjavik
Saskatoon
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK8,670
$71.90
CA$98.74
1-Bedroom apartment in downtown area $1,971.17
ISK244,622
$951.99
CA$1,307.32
1-Bedroom apartment outside city center $1,803.44
ISK223,807
$805.90
CA$1,106.70

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pay 2.0 times more for childcare

 
Reykjavik
Saskatoon
Private preschool for 1 child, monthly $252.14
ISK31,291
$610.71
CA$838.66
Middle school for 1 child, two semesters $5,993.99
ISK743,855
$9,986.92
CA$13,714.54

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pay 24.2% less for entertainment and sports

 
Reykjavik
Saskatoon
Domestic/local beer (1 pint) $10.81
ISK1,342
$5.39
CA$7.40
Cappuccino in mid-range area $5.31
ISK658
$3.49
CA$4.79
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,520
$13.65
CA$18.75

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pay 25.1% less for clothing

 
Reykjavik
Saskatoon
Regular jeans
Levi's brand
$108.97
ISK13,523
$66.10
CA$90.77
Regular dress
from H&M or similar store
$49.72
ISK6,170
$54.01
CA$74.16
Running shoes
Nike or Adidas
$151.85
ISK18,845
$96.40
CA$132.38

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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: June 2025
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