Cost of Living Comparison Between Reykjavik and Vancouver 
| Indices Difference |  |
|---|---|
| Cost of Living in Vancouver is 17.5% lower than in Reykjavik (without rent) | |
| Cost of Living Including Rent in Vancouver is 6.0% lower than in Reykjavik | |
| Rent Prices in Vancouver are 18.7% higher than in Reykjavik | |
| Restaurant Prices in Vancouver are 25.5% lower than in Reykjavik | |
| Groceries Prices in Vancouver are 11.1% lower than in Reykjavik | |
| Local Purchasing Power in Vancouver is 5.5% lower than in Reykjavik | |
Restaurants | Reykjavik Edit |
Vancouver Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (29.67 C$) |
2,527.92 kr (25.00 C$) |
-15.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,000.00 kr (168.12 C$) |
12,133.99 kr (120.00 C$) |
-28.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,400.00 kr (23.73 C$) |
1,516.75 kr (15.00 C$) |
-36.8 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (14.83 C$) |
808.93 kr (8.00 C$) |
-46.1 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (12.36 C$) |
910.05 kr (9.00 C$) |
-27.2 % |
| Cappuccino (regular) |
708.39 kr (7.01 C$) |
547.06 kr (5.41 C$) |
-22.8 % |
| Coke/Pepsi (12 oz small bottle) |
412.32 kr (4.08 C$) |
297.09 kr (2.94 C$) |
-27.9 % |
| Water (12 oz small bottle) |
292.44 kr (2.89 C$) |
264.06 kr (2.61 C$) |
-9.7 % |
Markets | Reykjavik Edit |
Vancouver Edit | |
| Milk (regular), (1 gallon) |
855.96 kr (8.47 C$) |
1,076.26 kr (10.64 C$) |
+25.7 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (4.59 C$) |
379.23 kr (3.75 C$) |
-18.4 % |
| Rice (white), (1 lb) |
189.98 kr (1.88 C$) |
268.96 kr (2.66 C$) |
+41.6 % |
| Eggs (regular) (12) |
819.16 kr (8.10 C$) |
562.16 kr (5.56 C$) |
-31.4 % |
| Local Cheese (1 lb) |
965.37 kr (9.55 C$) |
826.44 kr (8.17 C$) |
-14.4 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (12.19 C$) |
977.67 kr (9.67 C$) |
-20.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,934.50 kr (19.13 C$) |
1,122.89 kr (11.10 C$) |
-42.0 % |
| Apples (1 lb) |
188.37 kr (1.86 C$) |
280.39 kr (2.77 C$) |
+48.8 % |
| Banana (1 lb) |
134.65 kr (1.33 C$) |
85.39 kr (0.84 C$) |
-36.6 % |
| Oranges (1 lb) |
169.47 kr (1.68 C$) |
242.20 kr (2.40 C$) |
+42.9 % |
| Tomato (1 lb) |
303.07 kr (3.00 C$) |
303.72 kr (3.00 C$) |
+0.2 % |
| Potato (1 lb) |
198.33 kr (1.96 C$) |
197.06 kr (1.95 C$) |
-0.6 % |
| Onion (1 lb) |
134.12 kr (1.33 C$) |
172.76 kr (1.71 C$) |
+28.8 % |
| Lettuce (1 head) |
435.00 kr (4.30 C$) |
357.95 kr (3.54 C$) |
-17.7 % |
| Water (1.5 liter bottle) |
284.82 kr (2.82 C$) |
268.15 kr (2.65 C$) |
-5.9 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (27.19 C$) |
2,022.33 kr (20.00 C$) |
-26.4 % |
| Domestic Beer (0.5 liter bottle) |
437.94 kr (4.33 C$) |
438.01 kr (4.33 C$) |
+0.0 % |
| Imported Beer (12 oz small bottle) |
353.50 kr (3.50 C$) |
469.69 kr (4.64 C$) |
+32.9 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (16.32 C$) |
2,029.92 kr (20.07 C$) |
+23.0 % |
Transportation | Reykjavik Edit |
Vancouver Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (5.64 C$) |
318.52 kr (3.15 C$) |
-44.1 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (91.97 C$) |
14,156.32 kr (140.00 C$) |
+52.2 % |
| Taxi Start (Normal Tariff) |
730.00 kr (7.22 C$) |
404.47 kr (4.00 C$) |
-44.6 % |
| Taxi 1 mile (Normal Tariff) |
504.53 kr (4.99 C$) |
349.06 kr (3.45 C$) |
-30.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (95.24 C$) |
3,669.52 kr (36.29 C$) |
-61.9 % |
| Gasoline (1 gallon) |
1,191.65 kr (11.78 C$) |
741.21 kr (7.33 C$) |
-37.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (57,260.62 C$) |
3,435,740.04 kr (33,978.00 C$) |
-40.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,034,875.00 kr (59,682.33 C$) |
2,834,410.01 kr (28,031.10 C$) |
-53.0 % |
Utilities (Monthly) | Reykjavik Edit |
Vancouver Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,867.71 kr (117.37 C$) |
14,682.98 kr (145.21 C$) |
+23.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (32.19 C$) |
6,302.35 kr (62.33 C$) |
+93.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,679.64 kr (95.73 C$) |
8,012.31 kr (79.24 C$) |
-17.2 % |
Sports And Leisure | Reykjavik Edit |
Vancouver Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
8,775.19 kr (86.78 C$) |
5,573.16 kr (55.12 C$) |
-36.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (39.70 C$) |
1,601.61 kr (15.84 C$) |
-60.1 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (19.78 C$) |
1,769.54 kr (17.50 C$) |
-11.5 % |
Childcare | Reykjavik Edit |
Vancouver Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
32,582.12 kr (322.22 C$) |
161,470.58 kr (1,596.88 C$) |
+395.6 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (8,224.83 C$) |
2,032,443.78 kr (20,100.00 C$) |
+144.4 % |
Clothing And Shoes | Reykjavik Edit |
Vancouver Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,557.53 kr (143.97 C$) |
8,579.14 kr (84.84 C$) |
-41.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,491.15 kr (64.19 C$) |
5,754.45 kr (56.91 C$) |
-11.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,994.75 kr (197.74 C$) |
13,638.61 kr (134.88 C$) |
-31.8 % |
| 1 Pair of Men Leather Business Shoes |
24,855.00 kr (245.81 C$) |
17,046.57 kr (168.58 C$) |
-31.4 % |
Rent Per Month | Reykjavik Edit |
Vancouver Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 kr (2,562.16 C$) |
282,809.20 kr (2,796.86 C$) |
+9.2 % |
| Apartment (1 bedroom) Outside of Centre |
233,281.79 kr (2,307.06 C$) |
237,251.83 kr (2,346.32 C$) |
+1.7 % |
| Apartment (3 bedrooms) in City Centre |
373,433.33 kr (3,693.10 C$) |
514,825.57 kr (5,091.40 C$) |
+37.9 % |
| Apartment (3 bedrooms) Outside of Centre |
336,250.00 kr (3,325.37 C$) |
392,189.83 kr (3,878.59 C$) |
+16.6 % |
Buy Apartment Price | Reykjavik Edit |
Vancouver Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
81,134.64 kr (802.39 C$) |
144,753.61 kr (1,431.55 C$) |
+78.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
63,335.22 kr (626.36 C$) |
94,052.33 kr (930.14 C$) |
+48.5 % |
Salaries And Financing | Reykjavik Edit |
Vancouver Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (5,077.11 C$) |
456,181.28 kr (4,511.44 C$) |
-11.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 6.57 | -19.3 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 173 | 555 |
Moving to Reykjavik? Explore:
Moving to Vancouver? Explore:
Cities near Reykjavik: | Cost of Living in Hafnarfjorour | 6.29 miles |
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| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |
Cities near Vancouver: | Cost of Living in Burnaby | 8.12 miles |
| Cost of Living in New Westminster | 12.02 miles |
| Cost of Living in Coquitlam | 20.00 miles |
| Cost of Living in Surrey | 25.22 miles |
| Cost of Living in Abbotsford | 48.00 miles |
| Cost of Living in Whistler | 77.05 miles |
| Cost of Living in Penticton | 248.52 miles |