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  3. Cost of Living & Prices: Canada vs. Iceland

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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Country #2
City
TorontoToronto
ReykjavíkReykjavík

Table of contents

Grocery

PLNISKEURCADUSD

Canada vs. Iceland - grocery purchase prices. You would pay on average 1.56 times less for grocery shopping in Canada than in Iceland.

Apples (1kg)

One kilogram of apples costs 14.53 PLN (4.03 USD) in Canada and 12.16 PLN (3.38 USD) in Iceland. The price of this product is 16.3% lower in Iceland.

14.53 PLN
12.16 PLN

Banana (1kg)

1 kilogram of bananas costs 4.13 PLN (1.15 USD) in Canada and 9.18 PLN (2.55 USD) in Iceland. The price of this product is 55% lower in Canada.

4.13 PLN
9.18 PLN

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

One kilogram of beef or similar meat costs 59.08 PLN (16.4 USD) in Canada and 157.22 PLN (43.64 USD) in Iceland. The price of this product is 62.4% lower in Canada.

59.08 PLN
157.22 PLN

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 47.64 PLN (13.22 USD) in Canada and 89.38 PLN (24.81 USD) in Iceland. The price of this product is 46.7% lower in Canada.

47.64 PLN
89.38 PLN

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 46.24 PLN (12.83 USD) in Canada and 89.28 PLN (24.78 USD) in Iceland. The price of this product is 48.2% lower in Canada.

46.24 PLN
89.28 PLN

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 52.94 PLN (14.69 USD) in Canada and 50.65 PLN (14.06 USD) in Iceland. The price of this product is 4.3% lower in Iceland.

52.94 PLN
50.65 PLN

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 9.98 PLN (2.77 USD) in Canada and 13.48 PLN (3.74 USD) in Iceland. The price of this product is 26% lower in Canada.

9.98 PLN
13.48 PLN

Eggs (regular) (12)

You will pay 12.65 PLN (3.51 USD) for 12 eggs in Canada and 23.6 PLN (6.55 USD) in Iceland. The price of this product is 46.4% lower in Canada.

12.65 PLN
23.60 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 11.86 PLN (3.29 USD) in Canada and 12.5 PLN (3.47 USD) in Iceland. The price of this product is 5.1% lower in Canada.

11.86 PLN
12.50 PLN

Johnnie Walker Red Label Whisky 0.7 Litre

101.39 PLN
-

Lettuce (1 head)

One head of lettuce costs 8.66 PLN (2.4 USD) in Canada and 11.53 PLN (3.2 USD) in Iceland. The price of this product is 24.9% lower in Canada.

8.66 PLN
11.53 PLN

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 9.82 PLN (2.73 USD) in Canada and 15.82 PLN (4.39 USD) in Iceland. The price of this product is 37.9% lower in Canada.

9.82 PLN
15.82 PLN

Local Cheese (1kg)

One kilogram of locally produced cheese costs 51.53 PLN (14.3 USD) in Canada and 67.7 PLN (18.79 USD) in Iceland. The price of this product is 23.9% lower in Canada.

51.53 PLN
67.70 PLN

Milk (regular), (1 liter)

One liter of milk costs 9.48 PLN (2.63 USD) in Canada and 7.12 PLN (1.98 USD) in Iceland. The price of this product is 24.9% lower in Iceland.

9.48 PLN
7.12 PLN

Onion (1kg)

One kilogram of onions costs 10.19 PLN (2.83 USD) in Canada and 8.82 PLN (2.45 USD) in Iceland. The price of this product is 13.4% lower in Iceland.

10.19 PLN
8.82 PLN

Oranges (1kg)

One kilogram of oranges costs 12.18 PLN (3.38 USD) in Canada and 11.32 PLN (3.14 USD) in Iceland. The price of this product is 7.1% lower in Iceland.

12.18 PLN
11.32 PLN

Potato (1kg)

One kilogram of potatoes costs 8.73 PLN (2.42 USD) in Canada and 13.37 PLN (3.71 USD) in Iceland. The price of this product is 34.7% lower in Canada.

8.73 PLN
13.37 PLN

Rice (white), (1kg)

One kilogram of white rice costs 13.02 PLN (3.61 USD) in Canada and 13.53 PLN (3.75 USD) in Iceland. The price of this product is 3.8% lower in Canada.

13.02 PLN
13.53 PLN

Smirnoff Red Label Vodka 0.7 Litre

74.44 PLN
-

Tomato (1kg)

One kilogram of tomatoes costs 14.95 PLN (4.15 USD) in Canada and 18.55 PLN (5.15 USD) in Iceland. The price of this product is 19.4% lower in Canada.

14.95 PLN
18.55 PLN

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 7.07 PLN (1.96 USD) in Canada and 7.29 PLN (2.02 USD) in Iceland. The price of this product is 3% lower in Canada.

7.07 PLN
7.29 PLN

Restaurant

PLNISKEURCADUSD

Canada vs. Iceland - expenses on meals in restaurants. You would pay 1.73 times less for meals in restaurants in Canada than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 14 PLN (3.89 USD) in Canada and 22.66 PLN (6.29 USD) in Iceland. The price of this product is 38.2% lower in Canada.

14.00 PLN
22.66 PLN

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 7.81 PLN (2.17 USD) in Canada and 12.12 PLN (3.37 USD) in Iceland. The price of this product is 35.6% lower in Canada.

7.81 PLN
12.12 PLN

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 21.17 PLN (5.88 USD) in Canada and 47.67 PLN (13.23 USD) in Iceland. The price of this product is 55.6% lower in Canada.

21.17 PLN
47.67 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 23.82 PLN (6.61 USD) in Canada and 41.71 PLN (11.58 USD) in Iceland. The price of this product is 42.9% lower in Canada.

23.82 PLN
41.71 PLN

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 39.7 PLN (11.02 USD) in Canada and 83.42 PLN (23.15 USD) in Iceland. The price of this product is 52.4% lower in Canada.

39.70 PLN
83.42 PLN

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

A three-course meal for two people at a mid-range restaurant costs 304.39 PLN (84.48 USD) in Canada and 536.3 PLN (148.85 USD) in Iceland. The price of this product is 43.2% lower in Canada.

304.39 PLN
536.30 PLN

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 76.76 PLN (21.3 USD) in Canada and 99.81 PLN (27.7 USD) in Iceland. The price of this product is 23.1% lower in Canada.

76.76 PLN
99.81 PLN

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 5.96 PLN (1.65 USD) in Canada and 9.7 PLN (2.69 USD) in Iceland. The price of this product is 38.6% lower in Canada.

5.96 PLN
9.70 PLN

Fuel

PLNISKEURCADUSD

Canada vs. Iceland - expenses related to fuel. You would pay 2.26 times less for fuel in Canada than in Iceland.

Diesel 1L

A liter of diesel costs 4.02 PLN (1.12 USD) in Canada and 9.56 PLN (2.65 USD) in Iceland. The price of this product is 57.9% lower in Canada.

4.02 PLN
9.56 PLN

Gasoline 1L

A liter of gasoline costs 4.23 PLN (1.17 USD) in Canada and 9.12 PLN (2.53 USD) in Iceland. The price of this product is 53.6% lower in Canada.

4.23 PLN
9.12 PLN

LPG 1L

3.33 PLN
-

Transportation

PLNISKEURCADUSD

Canada vs. Iceland - costs of transportation and public communication. You would pay 1.3 times less for transportation in Canada than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 412.91 PLN (114.6 USD) in Canada and 321.78 PLN (89.31 USD) in Iceland. The price of this product is 22.1% lower in Iceland.

412.91 PLN
321.78 PLN

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 8.87 PLN (2.46 USD) in Canada and 19.37 PLN (5.38 USD) in Iceland. The price of this product is 54.2% lower in Canada.

8.87 PLN
19.37 PLN

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 92.64 PLN (25.71 USD) in Canada and 319.1 PLN (88.56 USD) in Iceland. The price of this product is 71% lower in Canada.

92.64 PLN
319.10 PLN

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 5.29 PLN (1.47 USD) in Canada and 9.65 PLN (2.68 USD) in Iceland. The price of this product is 45.2% lower in Canada.

5.29 PLN
9.65 PLN

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 13.23 PLN (3.67 USD) in Canada and 23.54 PLN (6.53 USD) in Iceland. The price of this product is 43.8% lower in Canada.

13.23 PLN
23.54 PLN

Sports & entertainment

PLNISKEURCADUSD

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 42.35 PLN (11.75 USD) in Canada and 65.25 PLN (18.11 USD) in Iceland. The price of this product is 35.1% lower in Canada.

42.35 PLN
65.25 PLN

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 205.64 PLN (57.07 USD) in Canada and 307.69 PLN (85.4 USD) in Iceland. The price of this product is 33.2% lower in Canada.

205.64 PLN
307.69 PLN

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 75.12 PLN (20.85 USD) in Canada and 168.34 PLN (46.72 USD) in Iceland. The price of this product is 55.4% lower in Canada.

75.12 PLN
168.34 PLN

Flats for rent

PLNISKEURCADUSD

Canada vs. Iceland - costs of renting an apartment. You would pay about 1.19 times less 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 6536 PLN (1813.99 USD) in Canada and 8208 PLN (2277.98 USD) in Iceland. The price of this product is 20.4% lower in Canada.

6 536 PLN
8 208 PLN

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 5590 PLN (1551.46 USD) in Canada and 7523 PLN (2087.98 USD) in Iceland. The price of this product is 25.7% lower in Canada.

5 590 PLN
7 523 PLN

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 10668 PLN (2960.79 USD) in Canada and 11785 PLN (3270.83 USD) in Iceland. The price of this product is 9.5% lower in Canada.

10 668 PLN
11 785 PLN

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 8976 PLN (2491.36 USD) in Canada and 10168 PLN (2822.07 USD) in Iceland. The price of this product is 11.7% lower in Canada.

8 976 PLN
10 168 PLN

Flats for sale

PLNISKEURCADUSD

Canada vs. Iceland - costs of purchasing an apartment. You would pay 1.16 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 32917 PLN (9135.79 USD) in Canada and 28280 PLN (7848.9 USD) in Iceland. The price of this product is 14.1% lower in Iceland.

32 917 PLN
28 280 PLN

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 27630 PLN (7668.61 USD) in Canada and 23914 PLN (6637.1 USD) in Iceland. The price of this product is 13.4% lower in Iceland.

27 630 PLN
23 914 PLN

Salary

PLNISKEURCADUSD

Canada vs. Iceland - average salary. The average salary in Canada is 1.34 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 11633 PLN (3228.61 USD) in Canada and 15620 PLN (4335.1 USD) in Iceland. The average salary is 25.5% lower in Canada.

11 633 PLN
15 620 PLN

Hotels

PLNISKEURCADUSD

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

One star

413 PLN
-

Two stars

448 PLN
621 PLN

Three stars

606 PLN
826 PLN

Four stars

741 PLN
1 321 PLN

Five stars

1 484 PLN
-

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Canada: 20 cities, 1032 hotels • Iceland: 11 cities, 117 hotels

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

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