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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

PLNEURCADUSDISK

Canada vs. Iceland - grocery purchase prices. You would pay on average 1.6 times less for grocery shopping in Canada than in Iceland.

Apples (1kg)

One kilogram of apples costs 14.25 PLN (3.91 USD) in Canada and 12.22 PLN (3.36 USD) in Iceland. The price of this product is 14.2% lower in Iceland.

14.25 PLN
12.22 PLN

Banana (1kg)

1 kilogram of bananas costs 4.05 PLN (1.11 USD) in Canada and 9.22 PLN (2.53 USD) in Iceland. The price of this product is 56.1% lower in Canada.

4.05 PLN
9.22 PLN

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

One kilogram of beef or similar meat costs 57.94 PLN (15.91 USD) in Canada and 157.96 PLN (43.38 USD) in Iceland. The price of this product is 63.3% lower in Canada.

57.94 PLN
157.96 PLN

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 46.73 PLN (12.83 USD) in Canada and 89.8 PLN (24.66 USD) in Iceland. The price of this product is 48% lower in Canada.

46.73 PLN
89.80 PLN

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 45.35 PLN (12.46 USD) in Canada and 89.69 PLN (24.64 USD) in Iceland. The price of this product is 49.4% lower in Canada.

45.35 PLN
89.69 PLN

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 51.92 PLN (14.26 USD) in Canada and 50.89 PLN (13.98 USD) in Iceland. The price of this product is 2% lower in Iceland.

51.92 PLN
50.89 PLN

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 9.79 PLN (2.69 USD) in Canada and 13.54 PLN (3.72 USD) in Iceland. The price of this product is 27.7% lower in Canada.

9.79 PLN
13.54 PLN

Eggs (regular) (12)

You will pay 12.41 PLN (3.41 USD) for 12 eggs in Canada and 23.72 PLN (6.51 USD) in Iceland. The price of this product is 47.7% lower in Canada.

12.41 PLN
23.72 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 11.63 PLN (3.19 USD) in Canada and 12.56 PLN (3.45 USD) in Iceland. The price of this product is 7.4% lower in Canada.

11.63 PLN
12.56 PLN

Johnnie Walker Red Label Whisky 0.7 Litre

102.46 PLN
-

Lettuce (1 head)

One head of lettuce costs 8.49 PLN (2.33 USD) in Canada and 11.58 PLN (3.18 USD) in Iceland. The price of this product is 26.7% lower in Canada.

8.49 PLN
11.58 PLN

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 9.63 PLN (2.65 USD) in Canada and 15.89 PLN (4.36 USD) in Iceland. The price of this product is 39.4% lower in Canada.

9.63 PLN
15.89 PLN

Local Cheese (1kg)

One kilogram of locally produced cheese costs 50.54 PLN (13.88 USD) in Canada and 68.02 PLN (18.68 USD) in Iceland. The price of this product is 25.7% lower in Canada.

50.54 PLN
68.02 PLN

Milk (regular), (1 liter)

One liter of milk costs 9.29 PLN (2.55 USD) in Canada and 7.15 PLN (1.96 USD) in Iceland. The price of this product is 23% lower in Iceland.

9.29 PLN
7.15 PLN

Onion (1kg)

One kilogram of onions costs 9.99 PLN (2.75 USD) in Canada and 8.86 PLN (2.43 USD) in Iceland. The price of this product is 11.3% lower in Iceland.

9.99 PLN
8.86 PLN

Oranges (1kg)

One kilogram of oranges costs 11.94 PLN (3.28 USD) in Canada and 11.38 PLN (3.12 USD) in Iceland. The price of this product is 4.7% lower in Iceland.

11.94 PLN
11.38 PLN

Potato (1kg)

One kilogram of potatoes costs 8.57 PLN (2.35 USD) in Canada and 13.43 PLN (3.69 USD) in Iceland. The price of this product is 36.2% lower in Canada.

8.57 PLN
13.43 PLN

Rice (white), (1kg)

One kilogram of white rice costs 12.77 PLN (3.51 USD) in Canada and 13.59 PLN (3.73 USD) in Iceland. The price of this product is 6% lower in Canada.

12.77 PLN
13.59 PLN

Smirnoff Red Label Vodka 0.7 Litre

75.22 PLN
-

Tomato (1kg)

One kilogram of tomatoes costs 14.67 PLN (4.03 USD) in Canada and 18.64 PLN (5.12 USD) in Iceland. The price of this product is 21.3% lower in Canada.

14.67 PLN
18.64 PLN

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 6.93 PLN (1.9 USD) in Canada and 7.32 PLN (2.01 USD) in Iceland. The price of this product is 5.3% lower in Canada.

6.93 PLN
7.32 PLN

Restaurant

PLNEURCADUSDISK

Canada vs. Iceland - expenses on meals in restaurants. You would pay 1.77 times less for meals in restaurants in Canada than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 13.73 PLN (3.77 USD) in Canada and 22.77 PLN (6.25 USD) in Iceland. The price of this product is 39.7% lower in Canada.

13.73 PLN
22.77 PLN

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 7.66 PLN (2.1 USD) in Canada and 12.18 PLN (3.35 USD) in Iceland. The price of this product is 37.1% lower in Canada.

7.66 PLN
12.18 PLN

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 20.77 PLN (5.7 USD) in Canada and 47.89 PLN (13.15 USD) in Iceland. The price of this product is 56.6% lower in Canada.

20.77 PLN
47.89 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 23.36 PLN (6.42 USD) in Canada and 41.91 PLN (11.51 USD) in Iceland. The price of this product is 44.3% lower in Canada.

23.36 PLN
41.91 PLN

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 38.94 PLN (10.69 USD) in Canada and 83.82 PLN (23.02 USD) in Iceland. The price of this product is 53.5% lower in Canada.

38.94 PLN
83.82 PLN

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

A three-course meal for two people at a mid-range restaurant costs 298.53 PLN (81.99 USD) in Canada and 538.82 PLN (147.99 USD) in Iceland. The price of this product is 44.6% lower in Canada.

298.53 PLN
538.82 PLN

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 75.28 PLN (20.68 USD) in Canada and 100.28 PLN (27.54 USD) in Iceland. The price of this product is 24.9% lower in Canada.

75.28 PLN
100.28 PLN

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 5.84 PLN (1.6 USD) in Canada and 9.75 PLN (2.68 USD) in Iceland. The price of this product is 40.1% lower in Canada.

5.84 PLN
9.75 PLN

Fuel

PLNEURCADUSDISK

Canada vs. Iceland - expenses related to fuel. You would pay 2.27 times less for fuel in Canada than in Iceland.

Diesel 1L

A liter of diesel costs 4.06 PLN (1.12 USD) in Canada and 9.66 PLN (2.65 USD) in Iceland. The price of this product is 58% lower in Canada.

4.06 PLN
9.66 PLN

Gasoline 1L

A liter of gasoline costs 4.27 PLN (1.17 USD) in Canada and 9.22 PLN (2.53 USD) in Iceland. The price of this product is 53.7% lower in Canada.

4.27 PLN
9.22 PLN

LPG 1L

3.37 PLN
-

Transportation

PLNEURCADUSDISK

Canada vs. Iceland - costs of transportation and public communication. You would pay 1.33 times less for transportation in Canada than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 404.96 PLN (111.23 USD) in Canada and 323.29 PLN (88.79 USD) in Iceland. The price of this product is 20.2% lower in Iceland.

404.96 PLN
323.29 PLN

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 8.7 PLN (2.39 USD) in Canada and 19.46 PLN (5.34 USD) in Iceland. The price of this product is 55.3% lower in Canada.

8.70 PLN
19.46 PLN

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 90.86 PLN (24.95 USD) in Canada and 320.6 PLN (88.05 USD) in Iceland. The price of this product is 71.7% lower in Canada.

90.86 PLN
320.60 PLN

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 5.19 PLN (1.43 USD) in Canada and 9.7 PLN (2.66 USD) in Iceland. The price of this product is 46.5% lower in Canada.

5.19 PLN
9.70 PLN

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 12.98 PLN (3.56 USD) in Canada and 23.65 PLN (6.5 USD) in Iceland. The price of this product is 45.1% lower in Canada.

12.98 PLN
23.65 PLN

Sports & entertainment

PLNEURCADUSDISK

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 41.53 PLN (11.41 USD) in Canada and 65.56 PLN (18.01 USD) in Iceland. The price of this product is 36.7% lower in Canada.

41.53 PLN
65.56 PLN

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 201.68 PLN (55.39 USD) in Canada and 309.14 PLN (84.91 USD) in Iceland. The price of this product is 34.8% lower in Canada.

201.68 PLN
309.14 PLN

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 73.67 PLN (20.23 USD) in Canada and 169.13 PLN (46.45 USD) in Iceland. The price of this product is 56.4% lower in Canada.

73.67 PLN
169.13 PLN

Flats for rent

PLNEURCADUSDISK

Canada vs. Iceland - costs of renting an apartment. You would pay about 1.22 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 6410 PLN (1760.57 USD) in Canada and 8246 PLN (2264.87 USD) in Iceland. The price of this product is 22.3% lower in Canada.

6 410 PLN
8 246 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 5482 PLN (1505.78 USD) in Canada and 7558 PLN (2075.97 USD) in Iceland. The price of this product is 27.5% lower in Canada.

5 482 PLN
7 558 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 10463 PLN (2873.6 USD) in Canada and 11840 PLN (3252.01 USD) in Iceland. The price of this product is 11.6% lower in Canada.

10 463 PLN
11 840 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 8804 PLN (2418 USD) in Canada and 10216 PLN (2805.83 USD) in Iceland. The price of this product is 13.8% lower in Canada.

8 804 PLN
10 216 PLN

Flats for sale

PLNEURCADUSDISK

Canada vs. Iceland - costs of purchasing an apartment. You would pay 1.13 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 32283 PLN (8866.78 USD) in Canada and 28413 PLN (7803.72 USD) in Iceland. The price of this product is 12% lower in Iceland.

32 283 PLN
28 413 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 27099 PLN (7442.8 USD) in Canada and 24026 PLN (6598.9 USD) in Iceland. The price of this product is 11.3% lower in Iceland.

27 099 PLN
24 026 PLN

Salary

PLNEURCADUSDISK

Canada vs. Iceland - average salary. The average salary in Canada is 1.38 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 11409 PLN (3133.54 USD) in Canada and 15693 PLN (4310.15 USD) in Iceland. The average salary is 27.3% lower in Canada.

11 409 PLN
15 693 PLN

Hotels

PLNEURCADUSDISK

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

One star

417 PLN
-

Two stars

452 PLN
627 PLN

Three stars

612 PLN
834 PLN

Four stars

749 PLN
1 335 PLN

Five stars

1 499 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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