Cost of living comparison
Reykjavik is 16.6% more expensive than Vancouver.
If you lived in Reykjavik instead of Vancouver, you would:
pay 40.9% more for restaurants
|
Vancouver
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.96
CA$25.82
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.78
CA$15.49
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.94
CA$2.79
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$1.78
CA$2.56
|
$2.19
ISK304
|
|
pay 11.3% more for groceries
|
Vancouver
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.90
CA$4.17
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$6.55
CA$9.41
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$6.81
CA$9.79
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$3.89
CA$5.60
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$6.64
CA$9.54
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$1.98
CA$2.85
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.58
CA$0.84
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.73
CA$2.49
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$2.16
CA$3.10
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$1.37
CA$1.97
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$1.24
CA$1.78
|
$0.93
ISK130
|
|
pay 43.7% more for transportation
|
Vancouver
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.12
CA$7.37
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$100.59
CA$144.60
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,412.64
CA$35,093.90
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$14.97
CA$21.52
|
$24.05
ISK3,346
|
|
pay 1.4% less for housing
|
Vancouver
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$57.25
CA$82.30
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$2,033.97
CA$2,923.89
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$1,688.88
CA$2,427.81
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$78.42
CA$112.73
|
$53.95
ISK7,507
|
|
pay 69.2% less for childcare
|
Vancouver
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,092.52
CA$1,570.53
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$15,627.02
CA$22,464.31
|
$5,993.99
ISK833,944
|
|
pay 38.4% more for entertainment and sports
|
Vancouver
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.47
CA$9.30
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$4.19
CA$6.03
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$14.37
CA$20.66
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$36.41
CA$52.34
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$12.21
CA$17.56
|
$14.77
ISK2,056
|
|
pay 52.3% more for clothing
|
Vancouver
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$66.41
CA$95.47
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$38.77
CA$55.73
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$95.07
CA$136.67
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$123.58
CA$177.65
|
$194.16
ISK27,013
|
|
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