Cost of living in Reykjavik, Iceland vs Abbotsford, Canada
Currency:
Food | + 59% | |||
---|---|---|---|---|
Food in Reykjavik (Iceland) is 59% more expensive than in Abbotsford (Canada) | ||||
Basic lunchtime menu (including a drink) in the business district | 3,127 kr (C$32) | C$20 | + 56% | |
Combo meal in fast food restaurant (big mac meal or similar) | 1,806 kr (C$18) | C$10 | + 83% | |
500 gr (1 lb.) of boneless chicken breast | 1,180 kr (C$12) | C$5.78 | + 106% | |
1 liter (1 qt.) of whole fat milk | 172 kr (C$1.74) | C$1.98 | - 12% | |
12 eggs, large | 788 kr (C$8) | C$4.18 | + 91% | |
1 kg (2 lb.) of tomatoes | 578 kr (C$5.84) | C$3.04 | + 92% | |
500 gr (16 oz.) of local cheese | 1,023 kr (C$10) | C$10 | + 5% | |
1 kg (2 lb.) of apples | 447 kr (C$4.52) | C$4.24 | + 6% | |
1 kg (2 lb.) of potatoes | 375 kr (C$3.79) | C$3.76 | + 1% | |
0.5 l (16 oz) domestic beer in the supermarket | 399 kr (C$4.04) | C$3.41 | + 18% | |
1 bottle of red table wine, good quality | 3,367 kr (C$34) | C$19 | + 78% | |
2 liters of coca-cola | 321 kr (C$3.25) | C$2.48 | + 31% | |
Bread for 2 people for 1 day | 327 kr (C$3.31) | C$1.93 | + 71% | |
Housing | + 56% | |||
Housing in Reykjavik (Iceland) is 56% more expensive than in Abbotsford (Canada) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 261,838 kr (C$2,648) | C$2,136 | + 24% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 232,894 kr (C$2,355) | C$1,241 | + 90% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 18,704 kr (C$189) | C$133 | + 42% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 191,469 kr (C$1,936) | C$1,120 | + 73% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 155,726 kr (C$1,575) | C$806 | + 95% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 13,134 kr (C$133) | C$66 | + 100% | |
Internet 8 mbps (1 month) | 7,440 kr (C$75) | C$54 | + 39% | |
40” flat screen tv | 101,511 kr (C$1,027) | C$311 | + 230% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,102 kr (C$244) | C$97 | + 152% | |
Laundry detergent (3 l. ~ 100 oz.) | 1,913 kr (C$19) | C$10 | + 91% | |
Hourly rate for cleaning help | 4,327 kr (C$44) | C$25 | + 74% | |
Clothes | + 136% | |||
Clothes in Reykjavik (Iceland) is 136% more expensive than in Abbotsford (Canada) | ||||
1 pair of jeans (levis 501 or similar) | 17,416 kr (C$176) | C$60 | + 192% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 8,404 kr (C$85) | C$39 | + 117% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 21,041 kr (C$213) | C$98 | + 118% | |
1 pair of men’s leather business shoes | 27,448 kr (C$278) | C$117 | + 137% | |
Transportation | + 79% | |||
Transportation in Reykjavik (Iceland) is 79% more expensive than in Abbotsford (Canada) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,711,350 kr (C$37,531) | C$22,935 | + 64% | |
1 liter (1/4 gallon) of gas | 231 kr (C$2.33) | C$1.39 | + 68% | |
Monthly ticket public transport | 12,980 kr (C$131) | C$67 | + 96% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 3,332 kr (C$34) | - | - | |
Personal Care | + 34% | |||
Personal Care in Reykjavik (Iceland) is 34% more expensive than in Abbotsford (Canada) | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,366 kr (C$14) | C$8 | + 67% | |
1 box of antibiotics (12 doses) | 2,029 kr (C$21) | C$22 | - 6% | |
Short visit to private doctor (15 minutes) | 5,604 kr (C$57) | C$77 | - 26% | |
1 box of 32 tampons (tampax, ob, ...) | 661 kr (C$7) | C$6 | + 4% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 604 kr (C$6) | C$3.85 | + 59% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 667 kr (C$7) | C$4.28 | + 57% | |
4 rolls of toilet paper | 480 kr (C$4.86) | C$3.11 | + 56% | |
Tube of toothpaste | 414 kr (C$4.18) | C$2.46 | + 70% | |
Standard men's haircut in expat area of the city | 5,775 kr (C$58) | C$20 | + 193% | |
Entertainment | + 8% | |||
Entertainment in Reykjavik (Iceland) is 8% more expensive than in Abbotsford (Canada) | ||||
Basic dinner out for two in neighborhood pub | 7,167 kr (C$72) | C$52 | + 39% | |
2 tickets to the movies | 3,144 kr (C$32) | C$26 | + 22% | |
2 tickets to the theater (best available seats) | 12,001 kr (C$121) | C$117 | + 3% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,714 kr (C$118) | C$96 | + 23% | |
1 cocktail drink in downtown club | 2,559 kr (C$26) | C$9 | + 177% | |
Cappuccino in expat area of the city | 687 kr (C$7) | C$5.42 | + 28% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,111 kr (C$11) | C$7 | + 70% | |
Ipad wi-fi 128gb | 85,553 kr (C$865) | C$647 | + 34% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 20 kr (C$0.20) | C$0.83 | - 75% | |
1 month of gym membership in business district | 8,187 kr (C$83) | C$35 | + 134% | |
1 package of marlboro cigarettes | 1,463 kr (C$15) | C$11 | + 35% | |
TOTAL | + 54% |

These prices were last updated on February 27, 2021.
Exchange rate:
0.01011
CAD
/
ISK
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Cost of living in Reykjavik (Iceland) is 54% more expensive than in Abbotsford (Canada)
For example, you would need at least C$9,246 (914,283 kr) in Reykjavik to maintain the same standard of living that you can have with C$6,000 in Abbotsford.
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