Cost of living comparison

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

Reykjavik is 32.6% more expensive than Saskatoon.

Restaurants
pay 49.5% more in Reykjavik
Groceries
pay 41.3% more in Reykjavik
Transportation
pay 59.8% more in Reykjavik
Housing
pay 40.0% more in Reykjavik
Childcare
pay 49.4% less in Reykjavik
Entertainment and Sports
pay 45.7% more in Reykjavik
Clothing
pay 41.1% more in Reykjavik

The cost of transportation, restaurants, entertainment and sports, groceries, clothing, and housing in Reykjavik are more expensive than in Saskatoon.

Reykjavik vs. Saskatoon Cost Breakdown

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

pay 49.5% more for restaurants

 
Saskatoon
Reykjavik
Basic meal with drink at inexpensive restaurant $17.96
CA$24.90
$20.00
ISK2,569
Fast food combo meal
McDonalds, or similar
$8.80
CA$12.20
$18.02
ISK2,314
Bottle of Coca-Cola (11 fl. oz) $2.10
CA$2.91
$3.15
ISK405

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pay 41.3% more for groceries

 
Saskatoon
Reykjavik
Bread
1 loaf
$2.44
CA$3.38
$3.61
ISK464
Local cheese (8 oz) $4.20
CA$5.82
$7.76
ISK996
Milk (1 gallon) $9.29
CA$12.87
$6.40
ISK822

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pay 59.8% more for transportation

 
Saskatoon
Reykjavik
Gasoline (1 gallon) $4.16
CA$5.76
$8.50
ISK1,092
Monthly public transit pass $59.63
CA$82.67
$74.95
ISK9,626
New Volkswagen Golf 1.4 (standard edition) $24,412.64
CA$33,844.46
$42,450.45
ISK5,451,803

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pay 40.0% more for housing

 
Saskatoon
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$71.90
CA$99.68
$69.87
ISK8,973
1-Bedroom apartment in downtown area $951.99
CA$1,319.79
$1,971.17
ISK253,152
1-Bedroom apartment outside city center $805.90
CA$1,117.26
$1,803.44
ISK231,611

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pay 49.4% less for childcare

 
Saskatoon
Reykjavik
Private preschool for 1 child, monthly $610.71
CA$846.66
$252.14
ISK32,382
Middle school for 1 child, two semesters $9,986.92
CA$13,845.37
$5,993.99
ISK769,793

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pay 45.7% more for entertainment and sports

 
Saskatoon
Reykjavik
Domestic/local beer (1 pint) $5.39
CA$7.47
$10.81
ISK1,388
Cappuccino in mid-range area $3.49
CA$4.84
$5.31
ISK681
Pack of cigarettes
Marlboro or similar
$13.65
CA$18.93
$12.25
ISK1,573

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pay 41.1% more for clothing

 
Saskatoon
Reykjavik
Regular jeans
Levi's brand
$66.10
CA$91.64
$108.97
ISK13,995
Regular dress
from H&M or similar store
$54.01
CA$74.87
$49.72
ISK6,386
Running shoes
Nike or Adidas
$96.40
CA$133.64
$151.85
ISK19,502

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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: April 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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