Cost of Living Comparison Between Reykjavik and Vancouver 
| Indices Difference |  |
|---|---|
| Consumer Prices in Vancouver are 15.3% lower than in Reykjavik (without rent) | |
| Consumer Prices Including Rent in Vancouver are 4.1% lower than in Reykjavik | |
| Rent Prices in Vancouver are 20.2% higher than in Reykjavik | |
| Restaurant Prices in Vancouver are 24.6% lower than in Reykjavik | |
| Groceries Prices in Vancouver are 9.5% lower than in Reykjavik | |
| Local Purchasing Power in Vancouver is 10.1% lower than in Reykjavik | |
Restaurants | Reykjavik Edit |
Vancouver Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,945.00 kr (28.85 C$) |
2,552.21 kr (25.00 C$) |
-13.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,250.00 kr (168.97 C$) |
12,250.62 kr (120.00 C$) |
-29.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,350.00 kr (23.02 C$) |
1,520.10 kr (14.89 C$) |
-35.3 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (14.69 C$) |
816.71 kr (8.00 C$) |
-45.6 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (12.24 C$) |
918.80 kr (9.00 C$) |
-26.5 % |
| Cappuccino (regular) |
711.32 kr (6.97 C$) |
554.22 kr (5.43 C$) |
-22.1 % |
| Coke/Pepsi (12 oz small bottle) |
403.34 kr (3.95 C$) |
297.37 kr (2.91 C$) |
-26.3 % |
| Water (12 oz small bottle) |
288.10 kr (2.82 C$) |
267.47 kr (2.62 C$) |
-7.2 % |
Markets | Reykjavik Edit |
Vancouver Edit | |
| Milk (regular), (1 gallon) |
856.77 kr (8.39 C$) |
1,181.79 kr (11.58 C$) |
+37.9 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (4.55 C$) |
388.85 kr (3.81 C$) |
-16.3 % |
| Rice (white), (1 lb) |
207.81 kr (2.04 C$) |
285.75 kr (2.80 C$) |
+37.5 % |
| Eggs (regular) (12) |
821.68 kr (8.05 C$) |
603.18 kr (5.91 C$) |
-26.6 % |
| Local Cheese (1 lb) |
965.37 kr (9.46 C$) |
943.95 kr (9.25 C$) |
-2.2 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (12.08 C$) |
973.10 kr (9.53 C$) |
-21.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,982.11 kr (19.42 C$) |
1,139.65 kr (11.16 C$) |
-42.5 % |
| Apples (1 lb) |
212.21 kr (2.08 C$) |
297.10 kr (2.91 C$) |
+40.0 % |
| Banana (1 lb) |
134.72 kr (1.32 C$) |
84.47 kr (0.83 C$) |
-37.3 % |
| Oranges (1 lb) |
175.06 kr (1.71 C$) |
243.75 kr (2.39 C$) |
+39.2 % |
| Tomato (1 lb) |
309.60 kr (3.03 C$) |
304.15 kr (2.98 C$) |
-1.8 % |
| Potato (1 lb) |
196.68 kr (1.93 C$) |
209.12 kr (2.05 C$) |
+6.3 % |
| Onion (1 lb) |
140.44 kr (1.38 C$) |
180.78 kr (1.77 C$) |
+28.7 % |
| Lettuce (1 head) |
439.56 kr (4.31 C$) |
366.54 kr (3.59 C$) |
-16.6 % |
| Water (1.5 liter bottle) |
281.00 kr (2.75 C$) |
267.89 kr (2.62 C$) |
-4.7 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (26.93 C$) |
2,041.77 kr (20.00 C$) |
-25.7 % |
| Domestic Beer (0.5 liter bottle) |
434.15 kr (4.25 C$) |
472.81 kr (4.63 C$) |
+8.9 % |
| Imported Beer (12 oz small bottle) |
355.89 kr (3.49 C$) |
485.80 kr (4.76 C$) |
+36.5 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (16.16 C$) |
2,057.08 kr (20.15 C$) |
+24.7 % |
Transportation | Reykjavik Edit |
Vancouver Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (5.58 C$) |
321.58 kr (3.15 C$) |
-43.6 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (91.10 C$) |
14,292.39 kr (140.00 C$) |
+53.7 % |
| Taxi Start (Normal Tariff) |
730.00 kr (7.15 C$) |
395.59 kr (3.88 C$) |
-45.8 % |
| Taxi 1 mile (Normal Tariff) |
521.43 kr (5.11 C$) |
371.31 kr (3.64 C$) |
-28.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (94.33 C$) |
3,704.79 kr (36.29 C$) |
-61.5 % |
| Gasoline (1 gallon) |
1,194.08 kr (11.70 C$) |
762.10 kr (7.47 C$) |
-36.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (56,715.49 C$) |
3,468,763.18 kr (33,978.00 C$) |
-40.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,087,181.82 kr (59,626.52 C$) |
2,893,703.09 kr (28,345.04 C$) |
-52.5 % |
Utilities (Monthly) | Reykjavik Edit |
Vancouver Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,719.30 kr (114.80 C$) |
16,182.16 kr (158.51 C$) |
+38.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (31.88 C$) |
6,845.40 kr (67.05 C$) |
+110.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,513.57 kr (93.19 C$) |
8,286.05 kr (81.17 C$) |
-12.9 % |
Sports And Leisure | Reykjavik Edit |
Vancouver Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
9,103.59 kr (89.17 C$) |
6,040.24 kr (59.17 C$) |
-33.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (39.32 C$) |
1,845.57 kr (18.08 C$) |
-54.0 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (19.59 C$) |
1,837.59 kr (18.00 C$) |
-8.1 % |
Childcare | Reykjavik Edit |
Vancouver Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
35,073.00 kr (343.55 C$) |
155,429.75 kr (1,522.50 C$) |
+343.2 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (8,146.53 C$) |
2,051,978.93 kr (20,100.00 C$) |
+146.7 % |
Clothing And Shoes | Reykjavik Edit |
Vancouver Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,582.11 kr (142.84 C$) |
8,914.78 kr (87.32 C$) |
-38.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,077.50 kr (59.53 C$) |
6,371.25 kr (62.41 C$) |
+4.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,722.73 kr (193.19 C$) |
13,921.47 kr (136.37 C$) |
-29.4 % |
| 1 Pair of Men Leather Business Shoes |
25,310.62 kr (247.93 C$) |
17,849.78 kr (174.85 C$) |
-29.5 % |
Rent Per Month | Reykjavik Edit |
Vancouver Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 kr (2,537.77 C$) |
286,287.96 kr (2,804.31 C$) |
+10.5 % |
| Apartment (1 bedroom) Outside of Centre |
231,532.70 kr (2,267.96 C$) |
237,558.02 kr (2,326.98 C$) |
+2.6 % |
| Apartment (3 bedrooms) in City Centre |
375,965.52 kr (3,682.74 C$) |
521,596.90 kr (5,109.26 C$) |
+38.7 % |
| Apartment (3 bedrooms) Outside of Centre |
332,962.96 kr (3,261.51 C$) |
396,141.68 kr (3,880.38 C$) |
+19.0 % |
Buy Apartment Price | Reykjavik Edit |
Vancouver Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
82,240.62 kr (805.58 C$) |
148,562.68 kr (1,455.23 C$) |
+80.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
64,773.34 kr (634.48 C$) |
98,184.55 kr (961.76 C$) |
+51.6 % |
Salaries And Financing | Reykjavik Edit |
Vancouver Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (5,028.78 C$) |
442,651.83 kr (4,335.96 C$) |
-13.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 6.58 | -19.1 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 163 | 557 |
Moving to Reykjavik? Explore:
Moving to Vancouver? Explore:
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| Cost of Living in Whistler | 77.05 miles |
| Cost of Living in Penticton | 248.52 miles |