Cost of living in Reykjavik, Iceland vs Abbotsford, Canada
Currency:
Food | + 51% | |||
---|---|---|---|---|
Food in Reykjavik (Iceland) is 51% more expensive than in Abbotsford (Canada) | ||||
Basic lunchtime menu (including a drink) in the business district | 2,855 kr (C$28) | C$20 | + 39% | |
Combo meal in fast food restaurant (big mac meal or similar) | 1,925 kr (C$19) | C$10 | + 90% | |
500 gr (1 lb.) of boneless chicken breast | 1,123 kr (C$11) | C$5.78 | + 91% | |
1 liter (1 qt.) of whole fat milk | 174 kr (C$1.72) | C$1.98 | - 13% | |
12 eggs, large | 788 kr (C$8) | C$4.18 | + 86% | |
1 kg (2 lb.) of tomatoes | 578 kr (C$5.69) | C$3.04 | + 87% | |
500 gr (16 oz.) of local cheese | 1,023 kr (C$10) | C$10 | + 2% | |
1 kg (2 lb.) of apples | 447 kr (C$4.40) | C$4.24 | + 4% | |
1 kg (2 lb.) of potatoes | 375 kr (C$3.69) | C$3.76 | - 2% | |
0.5 l (16 oz) domestic beer in the supermarket | 404 kr (C$3.98) | C$3.41 | + 17% | |
1 bottle of red table wine, good quality | 3,363 kr (C$33) | C$19 | + 73% | |
2 liters of coca-cola | 320 kr (C$3.15) | C$2.48 | + 27% | |
Bread for 2 people for 1 day | 327 kr (C$3.22) | C$1.93 | + 67% | |
Housing | + 50% | |||
Housing in Reykjavik (Iceland) is 50% more expensive than in Abbotsford (Canada) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 247,696 kr (C$2,440) | C$2,136 | + 14% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 235,776 kr (C$2,323) | C$1,241 | + 87% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 18,704 kr (C$184) | C$133 | + 38% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 190,998 kr (C$1,882) | C$1,120 | + 68% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 155,764 kr (C$1,535) | C$806 | + 90% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 13,134 kr (C$129) | C$66 | + 95% | |
Internet 8 mbps (1 month) | 7,440 kr (C$73) | C$54 | + 36% | |
40” flat screen tv | 97,992 kr (C$965) | C$311 | + 210% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,102 kr (C$237) | C$97 | + 146% | |
Laundry detergent (3 l. ~ 100 oz.) | 1,913 kr (C$19) | C$10 | + 86% | |
Hourly rate for cleaning help | 4,144 kr (C$41) | C$25 | + 62% | |
Clothes | + 130% | |||
Clothes in Reykjavik (Iceland) is 130% more expensive than in Abbotsford (Canada) | ||||
1 pair of jeans (levis 501 or similar) | 17,416 kr (C$172) | C$60 | + 184% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 8,404 kr (C$83) | C$39 | + 111% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 21,041 kr (C$207) | C$98 | + 112% | |
1 pair of men’s leather business shoes | 27,448 kr (C$270) | C$117 | + 131% | |
Transportation | + 77% | |||
Transportation in Reykjavik (Iceland) is 77% more expensive than in Abbotsford (Canada) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,828,470 kr (C$37,719) | C$22,942 | + 64% | |
1 liter (1/4 gallon) of gas | 234 kr (C$2.30) | C$1.39 | + 65% | |
Monthly ticket public transport | 13,043 kr (C$129) | C$67 | + 92% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 3,332 kr (C$33) | - | - | |
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$13) | C$8 | + 63% | |
1 box of antibiotics (12 doses) | 1,999 kr (C$20) | C$22 | - 10% | |
Short visit to private doctor (15 minutes) | 6,835 kr (C$67) | C$77 | - 12% | |
1 box of 32 tampons (tampax, ob, ...) | 661 kr (C$7) | C$6 | + 1% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 604 kr (C$5.95) | C$3.85 | + 55% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 676 kr (C$7) | C$4.28 | + 56% | |
4 rolls of toilet paper | 485 kr (C$4.77) | C$3.11 | + 54% | |
Tube of toothpaste | 414 kr (C$4.08) | C$2.46 | + 66% | |
Standard men's haircut in expat area of the city | 5,671 kr (C$56) | C$20 | + 181% | |
Entertainment | + 4% | |||
Entertainment in Reykjavik (Iceland) is 4% more expensive than in Abbotsford (Canada) | ||||
Basic dinner out for two in neighborhood pub | 7,096 kr (C$70) | C$52 | + 34% | |
2 tickets to the movies | 3,082 kr (C$30) | C$26 | + 16% | |
2 tickets to the theater (best available seats) | 12,001 kr (C$118) | C$117 | + 1% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,448 kr (C$113) | C$96 | + 17% | |
1 cocktail drink in downtown club | 2,560 kr (C$25) | C$9 | + 170% | |
Cappuccino in expat area of the city | 656 kr (C$6) | C$5.42 | + 19% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,090 kr (C$11) | C$7 | + 62% | |
Ipad wi-fi 128gb | 85,553 kr (C$843) | C$647 | + 30% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 20 kr (C$0.20) | C$0.83 | - 76% | |
1 month of gym membership in business district | 8,199 kr (C$81) | C$35 | + 128% | |
1 package of marlboro cigarettes | 1,474 kr (C$15) | C$11 | + 33% | |
TOTAL | + 49% |

These prices were last updated on April 13, 2021.
Exchange rate:
0.00985
CAD
/
ISK
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Cost of living in Reykjavik (Iceland) is 49% more expensive than in Abbotsford (Canada)
For example, you would need at least C$9,245 (938,375 kr) in Reykjavik to maintain the same standard of living that you can have with C$6,200 in Abbotsford.
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