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.

Convert prices to %
Country #1
Country #2

Grocery

USDISKEURCAD

Canada vs. Iceland - grocery purchase prices. You would pay on average 1.34 times less for grocery shopping in Canada than in Iceland.

Apples (1kg)

One kilogram of apples costs 3.48 USD in Canada and 3.29 USD in Iceland. The price of this product is 5.5% lower in Iceland.

3.48 USD
3.29 USD

Banana (1kg)

1 kilogram of bananas costs 1.19 USD in Canada and 2.07 USD in Iceland. The price of this product is 42.5% lower in Canada.

1.19 USD
2.07 USD

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

One kilogram of beef or similar meat costs 13.13 USD in Canada and 25.49 USD in Iceland. The price of this product is 48.5% lower in Canada.

13.13 USD
25.49 USD

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 11.69 USD in Canada and 19.64 USD in Iceland. The price of this product is 40.5% lower in Canada.

11.69 USD
19.64 USD

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 11.42 USD in Canada and 17.61 USD in Iceland. The price of this product is 35.2% lower in Canada.

11.42 USD
17.61 USD

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 12.35 USD in Canada and 11.64 USD in Iceland. The price of this product is 5.7% lower in Iceland.

12.35 USD
11.64 USD

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 2.22 USD in Canada and 3.05 USD in Iceland. The price of this product is 27.2% lower in Canada.

2.22 USD
3.05 USD

Eggs (regular) (12)

You will pay 3.11 USD for 12 eggs in Canada and 5.53 USD in Iceland. The price of this product is 43.8% lower in Canada.

3.11 USD
5.53 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 2.63 USD in Canada and 2.53 USD in Iceland. The price of this product is 3.8% lower in Iceland.

2.63 USD
2.53 USD

Johnnie Walker Red Label Whisky 0.7 Litre

28.14 USD
-

Lettuce (1 head)

One head of lettuce costs 2.38 USD in Canada and 2.74 USD in Iceland. The price of this product is 13.1% lower in Canada.

2.38 USD
2.74 USD

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.43 USD in Canada and 3.27 USD in Iceland. The price of this product is 25.7% lower in Canada.

2.43 USD
3.27 USD

Local Cheese (1kg)

One kilogram of locally produced cheese costs 11.15 USD in Canada and 14.32 USD in Iceland. The price of this product is 22.1% lower in Canada.

11.15 USD
14.32 USD

Milk (regular), (1 liter)

One liter of milk costs 2.58 USD in Canada and 1.54 USD in Iceland. The price of this product is 40.3% lower in Iceland.

2.58 USD
1.54 USD

Onion (1kg)

One kilogram of onions costs 2.56 USD in Canada and 1.36 USD in Iceland. The price of this product is 46.9% lower in Iceland.

2.56 USD
1.36 USD

Oranges (1kg)

One kilogram of oranges costs 3.2 USD in Canada and 2.51 USD in Iceland. The price of this product is 21.6% lower in Iceland.

3.20 USD
2.51 USD

Potato (1kg)

One kilogram of potatoes costs 2.56 USD in Canada and 2.71 USD in Iceland. The price of this product is 5.5% lower in Canada.

2.56 USD
2.71 USD

Rice (white), (1kg)

One kilogram of white rice costs 2.93 USD in Canada and 3.1 USD in Iceland. The price of this product is 5.5% lower in Canada.

2.93 USD
3.10 USD

Smirnoff Red Label Vodka 0.7 Litre

20.66 USD
-

Tomato (1kg)

One kilogram of tomatoes costs 3.61 USD in Canada and 4.65 USD in Iceland. The price of this product is 22.4% lower in Canada.

3.61 USD
4.65 USD

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 1.6 USD in Canada and 1.96 USD in Iceland. The price of this product is 18.4% lower in Canada.

1.60 USD
1.96 USD

Restaurant

USDISKEURCAD

Canada vs. Iceland - expenses on meals in restaurants. You would pay 1.29 times less for meals in restaurants in Canada than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 3.5 USD in Canada and 4.55 USD in Iceland. The price of this product is 23.1% lower in Canada.

3.50 USD
4.55 USD

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.92 USD in Canada and 2.51 USD in Iceland. The price of this product is 23.5% lower in Canada.

1.92 USD
2.51 USD

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 5.73 USD in Canada and 9.46 USD in Iceland. The price of this product is 39.4% lower in Canada.

5.73 USD
9.46 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 6.44 USD in Canada and 8 USD in Iceland. The price of this product is 19.5% lower in Canada.

6.44 USD
8.00 USD

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 9.31 USD in Canada and 14.55 USD in Iceland. The price of this product is 36% lower in Canada.

9.31 USD
14.55 USD

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

A three-course meal for two people at a mid-range restaurant costs 85.91 USD in Canada and 109.13 USD in Iceland. The price of this product is 21.3% lower in Canada.

85.91 USD
109.13 USD

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 16.47 USD in Canada and 18.19 USD in Iceland. The price of this product is 9.5% lower in Canada.

16.47 USD
18.19 USD

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 1.52 USD in Canada and 1.95 USD in Iceland. The price of this product is 22.1% lower in Canada.

1.52 USD
1.95 USD

Fuel

USDISKEURCAD

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

USDISKEURCAD

Canada vs. Iceland - costs of transportation and public communication. You would pay 1.02 times more for transportation in Canada than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 111.69 USD in Canada and 65.48 USD in Iceland. The price of this product is 41.4% lower in Iceland.

111.69 USD
65.48 USD

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2.33 USD in Canada and 4 USD in Iceland. The price of this product is 41.8% lower in Canada.

2.33 USD
4.00 USD

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 22.19 USD in Canada and 59.44 USD in Iceland. The price of this product is 62.7% lower in Canada.

22.19 USD
59.44 USD

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 1.25 USD in Canada and 3.01 USD in Iceland. The price of this product is 58.5% lower in Canada.

1.25 USD
3.01 USD

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 3.2 USD in Canada and 5.31 USD in Iceland. The price of this product is 39.7% lower in Canada.

3.20 USD
5.31 USD

Sports & entertainment

USDISKEURCAD

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 10.74 USD in Canada and 13.46 USD in Iceland. The price of this product is 20.2% lower in Canada.

10.74 USD
13.46 USD

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 44.96 USD in Canada and 65.49 USD in Iceland. The price of this product is 31.3% lower in Canada.

44.96 USD
65.49 USD

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 17.02 USD in Canada and 44.99 USD in Iceland. The price of this product is 62.2% lower in Canada.

17.02 USD
44.99 USD

Flats for rent

USDISKEURCAD

Canada vs. Iceland - costs of renting an apartment. You would pay about 1.16 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 1739 USD in Canada and 1581 USD in Iceland. The price of this product is 9.1% lower in Iceland.

1 739 USD
1 581 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 1461 USD in Canada and 1339 USD in Iceland. The price of this product is 8.4% lower in Iceland.

1 461 USD
1 339 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 2780 USD in Canada and 2289 USD in Iceland. The price of this product is 17.7% lower in Iceland.

2 780 USD
2 289 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 2263 USD in Canada and 1905 USD in Iceland. The price of this product is 15.8% lower in Iceland.

2 263 USD
1 905 USD

Flats for sale

USDISKEURCAD

Canada vs. Iceland - costs of purchasing an apartment. You would pay 1.54 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 9134 USD in Canada and 6110 USD in Iceland. The price of this product is 33.1% lower in Iceland.

9 134 USD
6 110 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 7164 USD in Canada and 4458 USD in Iceland. The price of this product is 37.8% lower in Iceland.

7 164 USD
4 458 USD

Salary

USDISKEURCAD

Canada vs. Iceland - average salary. The average salary in Canada is 1.2 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 3027 USD in Canada and 3632 USD in Iceland. The average salary is 16.7% lower in Canada.

3 027 USD
3 632 USD

Hotels

USDISKEURCAD

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

One star

144 USD
-

Two stars

138 USD
155 USD

Three stars

178 USD
185 USD

Four stars

248 USD
314 USD

Five stars

388 USD
-

Average accommodation prices based on Expedia.com data • Update: 1 Nov 2024 (1 night stay for 2 people on 15 Nov 2024) • Canada: 20 cities, 972 hotels • Iceland: 18 cities, 220 hotels

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

Countries Frequently Compared
(Cost of Living & Prices)