Trek Zone

Cost of Living & Prices:
Canada vs. Iceland

Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.

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Grocery

USDCADISKEUR

Canada vs. Iceland - grocery purchase prices. You would pay on average 1.33 times less for grocery shopping in Canada than in Iceland.

Apples (1kg)

One kilogram of apples costs 3.46 USD in Canada and 3.24 USD in Iceland. The price of this product is 6.4% lower in Iceland.

3.46 USD
3.24 USD

Banana (1kg)

1 kilogram of bananas costs 1.18 USD in Canada and 2.04 USD in Iceland. The price of this product is 42.2% lower in Canada.

1.18 USD
2.04 USD

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 13.07 USD in Canada and 25.08 USD in Iceland. The price of this product is 47.9% lower in Canada.

13.07 USD
25.08 USD

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 11.64 USD in Canada and 19.33 USD in Iceland. The price of this product is 39.8% lower in Canada.

11.64 USD
19.33 USD

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 11.37 USD in Canada and 17.33 USD in Iceland. The price of this product is 34.4% lower in Canada.

11.37 USD
17.33 USD

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 12.29 USD in Canada and 11.45 USD in Iceland. The price of this product is 6.8% lower in Iceland.

12.29 USD
11.45 USD

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 2.21 USD in Canada and 3 USD in Iceland. The price of this product is 26.3% lower in Canada.

2.21 USD
3.00 USD

Eggs (regular) (12)

You will pay 3.1 USD for 12 eggs in Canada and 5.44 USD in Iceland. The price of this product is 43% lower in Canada.

3.10 USD
5.44 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 2.62 USD in Canada and 2.49 USD in Iceland. The price of this product is 5% lower in Iceland.

2.62 USD
2.49 USD

Johnnie Walker Red Label Whisky 0.7 Litre

28.14 USD
-

Lettuce (1 head)

One head of lettuce costs 2.37 USD in Canada and 2.69 USD in Iceland. The price of this product is 11.9% lower in Canada.

2.37 USD
2.69 USD

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.42 USD in Canada and 3.22 USD in Iceland. The price of this product is 24.8% lower in Canada.

2.42 USD
3.22 USD

Local Cheese (1kg)

One kilogram of locally produced cheese costs 11.1 USD in Canada and 14.09 USD in Iceland. The price of this product is 21.2% lower in Canada.

11.10 USD
14.09 USD

Milk (regular), (1 liter)

One liter of milk costs 2.57 USD in Canada and 1.52 USD in Iceland. The price of this product is 40.9% lower in Iceland.

2.57 USD
1.52 USD

Onion (1kg)

One kilogram of onions costs 2.54 USD in Canada and 1.34 USD in Iceland. The price of this product is 47.2% lower in Iceland.

2.54 USD
1.34 USD

Oranges (1kg)

One kilogram of oranges costs 3.19 USD in Canada and 2.47 USD in Iceland. The price of this product is 22.6% lower in Iceland.

3.19 USD
2.47 USD

Potato (1kg)

One kilogram of potatoes costs 2.54 USD in Canada and 2.67 USD in Iceland. The price of this product is 4.9% lower in Canada.

2.54 USD
2.67 USD

Rice (white), (1kg)

One kilogram of white rice costs 2.91 USD in Canada and 3.05 USD in Iceland. The price of this product is 4.6% lower in Canada.

2.91 USD
3.05 USD

Smirnoff Red Label Vodka 0.7 Litre

20.66 USD
-

Tomato (1kg)

One kilogram of tomatoes costs 3.59 USD in Canada and 4.58 USD in Iceland. The price of this product is 21.6% lower in Canada.

3.59 USD
4.58 USD

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 1.6 USD in Canada and 1.93 USD in Iceland. The price of this product is 17.1% lower in Canada.

1.60 USD
1.93 USD

Restaurant

USDCADISKEUR

Canada vs. Iceland - expenses on meals in restaurants. You would pay 1.27 times less for meals in restaurants in Canada than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 3.48 USD in Canada and 4.48 USD in Iceland. The price of this product is 22.3% lower in Canada.

3.48 USD
4.48 USD

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.91 USD in Canada and 2.47 USD in Iceland. The price of this product is 22.7% lower in Canada.

1.91 USD
2.47 USD

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 5.7 USD in Canada and 9.31 USD in Iceland. The price of this product is 38.8% lower in Canada.

5.70 USD
9.31 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 6.41 USD in Canada and 7.88 USD in Iceland. The price of this product is 18.7% lower in Canada.

6.41 USD
7.88 USD

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 9.26 USD in Canada and 14.32 USD in Iceland. The price of this product is 35.3% lower in Canada.

9.26 USD
14.32 USD

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 85.52 USD in Canada and 107.39 USD in Iceland. The price of this product is 20.4% lower in Canada.

85.52 USD
107.39 USD

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 16.39 USD in Canada and 17.9 USD in Iceland. The price of this product is 8.4% lower in Canada.

16.39 USD
17.90 USD

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 1.52 USD in Canada and 1.92 USD in Iceland. The price of this product is 20.8% lower in Canada.

1.52 USD
1.92 USD

Fuel

USDCADISKEUR

Canada vs. Iceland - expenses related to fuel. You would pay 1.87 times less for fuel in Canada than in Iceland.

Diesel 1L

A liter of diesel costs 1.19 USD in Canada and 2.3 USD in Iceland. The price of this product is 48.3% lower in Canada.

1.19 USD
2.30 USD

Gasoline 1L

A liter of gasoline costs 1.26 USD in Canada and 2.27 USD in Iceland. The price of this product is 44.5% lower in Canada.

1.26 USD
2.27 USD

LPG 1L

0.94 USD
-

Transportation

USDCADISKEUR

Canada vs. Iceland - costs of transportation and public communication. You would pay 1.04 times more for transportation in Canada than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 111.17 USD in Canada and 64.43 USD in Iceland. The price of this product is 42% lower in Iceland.

111.17 USD
64.43 USD

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2.32 USD in Canada and 3.94 USD in Iceland. The price of this product is 41.1% lower in Canada.

2.32 USD
3.94 USD

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 22.09 USD in Canada and 58.49 USD in Iceland. The price of this product is 62.2% lower in Canada.

22.09 USD
58.49 USD

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 1.25 USD in Canada and 2.96 USD in Iceland. The price of this product is 57.8% lower in Canada.

1.25 USD
2.96 USD

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 3.19 USD in Canada and 5.23 USD in Iceland. The price of this product is 39% lower in Canada.

3.19 USD
5.23 USD

Sports & entertainment

USDCADISKEUR

Canada vs. Iceland - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 10.69 USD in Canada and 13.24 USD in Iceland. The price of this product is 19.3% lower in Canada.

10.69 USD
13.24 USD

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 44.75 USD in Canada and 64.44 USD in Iceland. The price of this product is 30.6% lower in Canada.

44.75 USD
64.44 USD

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 16.94 USD in Canada and 44.27 USD in Iceland. The price of this product is 61.7% lower in Canada.

16.94 USD
44.27 USD

Flats for rent

USDCADISKEUR

Canada vs. Iceland - costs of renting an apartment. You would pay about 1.17 times more for renting an apartment in Canada than in Iceland.

Apartment (1 bedroom) in City Centre

For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 1731 USD in Canada and 1556 USD in Iceland. The price of this product is 10.1% lower in Iceland.

1 731 USD
1 556 USD

Apartment (1 bedroom) Outside of Centre

For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 1454 USD in Canada and 1318 USD in Iceland. The price of this product is 9.4% lower in Iceland.

1 454 USD
1 318 USD

Apartment (3 bedrooms) in City Centre

For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 2767 USD in Canada and 2253 USD in Iceland. The price of this product is 18.6% lower in Iceland.

2 767 USD
2 253 USD

Apartment (3 bedrooms) Outside of Centre

For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 2253 USD in Canada and 1875 USD in Iceland. The price of this product is 16.8% lower in Iceland.

2 253 USD
1 875 USD

Flats for sale

USDCADISKEUR

Canada vs. Iceland - costs of purchasing an apartment. You would pay 1.56 times more for buying an apartment in Canada than in Iceland.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 9091 USD in Canada and 6012 USD in Iceland. The price of this product is 33.9% lower in Iceland.

9 091 USD
6 012 USD

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 7131 USD in Canada and 4387 USD in Iceland. The price of this product is 38.5% lower in Iceland.

7 131 USD
4 387 USD

Salary

USDCADISKEUR

Canada vs. Iceland - average salary. The average salary in Canada is 1.19 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 3013 USD in Canada and 3574 USD in Iceland. The average salary is 15.7% lower in Canada.

3 013 USD
3 574 USD

Hotels

USDCADISKEUR

Canada vs. Iceland - prices of accommodation in hostels, guesthouses, and hotels.

One star

116 USD
-

Two stars

127 USD
136 USD

Three stars

163 USD
172 USD

Four stars

219 USD
287 USD

Five stars

461 USD
-

Average accommodation prices based on Expedia.com data • Update: 15 Nov 2024 (1 night stay for 2 people on 29 Nov 2024) • Canada: 20 cities, 966 hotels • Iceland: 18 cities, 209 hotels

Explore more about prices, cost of living and travel budget Prices in Canada Prices in Iceland

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