Cost of living comparison
Reykjavik is 37.1% more expensive than Thunder Bay.
- Restaurants
-
pay 52.0% more in Reykjavik
- Groceries
-
pay 17.4% more in Reykjavik
- Transportation
-
pay 54.0% more in Reykjavik
- Housing
-
pay 28.5% more in Reykjavik
- Childcare
-
pay 64.9% less in Reykjavik
- Entertainment and Sports
-
pay 66.6% more in Reykjavik
- Clothing
-
pay 2.1 times more in Reykjavik
The cost of clothing, entertainment and sports, transportation, restaurants, housing, and groceries in Reykjavik are more expensive than in Thunder Bay. Notably, clothing is significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Thunder Bay, you would:
pay 52.0% more for restaurants
|
Thunder Bay
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.22
CA$21.91
|
$20.00
ISK2,689
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.78
CA$15.51
|
$18.02
ISK2,423
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.97
CA$2.84
|
$3.15
ISK424
|
|
| Bottle of water (11 fl. oz) |
$1.46
CA$2.10
|
$2.19
ISK294
|
|
pay 17.4% more for groceries
|
Thunder Bay
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.42
CA$3.49
|
$3.61
ISK485
|
|
| Local cheese (8 oz) |
$8.49
CA$12.21
|
$7.76
ISK1,043
|
|
| Milk (1 gallon) |
$9.16
CA$13.18
|
$6.40
ISK861
|
|
|
Eggs
1 dozen
|
$3.55
CA$5.11
|
$5.76
ISK774
|
|
| Boneless chicken breast (1 lb) |
$7.34
CA$10.56
|
$9.45
ISK1,270
|
|
| Apples (1 lb) |
$1.53
CA$2.20
|
$1.40
ISK189
|
|
| Bananas (1 lb) |
$0.57
CA$0.83
|
$1.01
ISK136
|
|
| Oranges (1 lb) |
$1.78
CA$2.56
|
$1.22
ISK164
|
|
| Tomatoes (1 lb) |
$1.63
CA$2.35
|
$2.22
ISK299
|
|
| Potatoes (1 lb) |
$1.17
CA$1.69
|
$1.43
ISK193
|
|
| Onions (1 lb) |
$0.97
CA$1.39
|
$0.93
ISK126
|
|
pay 54.0% more for transportation
|
Thunder Bay
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.22
CA$6.08
|
$8.50
ISK1,143
|
|
| Monthly public transit pass |
$62.51
CA$89.95
|
$74.95
ISK10,078
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,412.64
CA$35,128.57
|
$42,450.45
ISK5,707,888
|
|
| Taxi trip in downtown area (5 miles) |
$19.90
CA$28.64
|
$24.05
ISK3,234
|
|
pay 28.5% more for housing
|
Thunder Bay
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$96.64
CA$139.05
|
$69.87
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$951.99
CA$1,369.87
|
$1,971.17
ISK265,044
|
|
| 1-Bedroom apartment outside city center |
$886.13
CA$1,275.10
|
$1,803.44
ISK242,491
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$173.99
CA$250.36
|
$53.95
ISK7,255
|
|
pay 64.9% less for childcare
|
Thunder Bay
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$718.48
CA$1,033.86
|
$252.14
ISK33,903
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK805,952
|
|
pay 66.6% more for entertainment and sports
|
Thunder Bay
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.21
CA$7.50
|
$10.81
ISK1,454
|
|
| Cappuccino in mid-range area |
$3.79
CA$5.45
|
$5.31
ISK713
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.78
CA$15.51
|
$12.25
ISK1,646
|
|
| Monthly membership at local gym |
$29.81
CA$42.89
|
$69.95
ISK9,405
|
|
| Movie ticket to theater/cinema |
$10.78
CA$15.51
|
$14.77
ISK1,987
|
|
pay 2.1 times more for clothing
|
Thunder Bay
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$44.45
CA$63.97
|
$108.97
ISK14,652
|
|
|
Regular dress
from H&M or similar store
|
$35.50
CA$51.08
|
$49.72
ISK6,685
|
|
|
Running shoes
Nike or Adidas
|
$57.48
CA$82.71
|
$151.85
ISK20,418
|
|
| Men's business shoes (leather) |
$110.97
CA$159.68
|
$194.16
ISK26,106
|
|
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