Cost of living comparison

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

Reykjavik is 53.6% more expensive than Wolfville.

Restaurants
pay 54.6% more in Reykjavik
Groceries
pay 46.9% more in Reykjavik
Transportation
pay 84.8% more in Reykjavik
Housing
pay 51.7% more in Reykjavik
Childcare
pay 25.2% less in Reykjavik
Entertainment and Sports
pay 67.5% more in Reykjavik
Clothing
pay 94.6% more in Reykjavik

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

Reykjavik vs. Wolfville Cost Breakdown

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

pay 54.6% more for restaurants

 
Wolfville
Reykjavik
Basic meal with drink at inexpensive restaurant $17.96
CA$25.85
$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) $1.62
CA$2.33
$3.15
ISK424

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pay 46.9% more for groceries

 
Wolfville
Reykjavik
Bread
1 loaf
$2.84
CA$4.08
$3.61
ISK485
Local cheese (8 oz) $5.54
CA$7.98
$7.76
ISK1,043
Milk (1 gallon) $9.32
CA$13.41
$6.40
ISK861

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pay 84.8% more for transportation

 
Wolfville
Reykjavik
Gasoline (1 gallon) $4.34
CA$6.25
$8.50
ISK1,143
Monthly public transit pass ?? $74.95
ISK10,078
New Volkswagen Golf 1.4 (standard edition) $24,412.64
CA$35,128.57
$42,450.45
ISK5,707,888

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pay 51.7% more for housing

 
Wolfville
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$35.92
CA$51.69
$69.87
ISK9,394
1-Bedroom apartment in downtown area $1,077.73
CA$1,550.79
$1,971.17
ISK265,044
1-Bedroom apartment outside city center $1,077.73
CA$1,550.79
$1,803.44
ISK242,491

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pay 25.2% less for childcare

 
Wolfville
Reykjavik
Private preschool for 1 child, monthly $380.80
CA$547.95
$252.14
ISK33,903
Middle school for 1 child, two semesters $7,184.84
CA$10,338.62
$5,993.99
ISK805,952

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pay 67.5% more for entertainment and sports

 
Wolfville
Reykjavik
Domestic/local beer (1 pint) $3.95
CA$5.69
$10.81
ISK1,454
Cappuccino in mid-range area $3.05
CA$4.39
$5.31
ISK713
Pack of cigarettes
Marlboro or similar
$14.37
CA$20.68
$12.25
ISK1,646

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pay 94.6% more for clothing

 
Wolfville
Reykjavik
Regular jeans
Levi's brand
$35.92
CA$51.69
$108.97
ISK14,652
Regular dress
from H&M or similar store
$39.52
CA$56.86
$49.72
ISK6,685
Running shoes
Nike or Adidas
$89.81
CA$129.23
$151.85
ISK20,418

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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: March 2025
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