Currency: Visit Iceland, iceland tours, travels, holidays, what to do, travel, trips, travel, guide, attractions, vacation, sightseeing, activities, destination Cost of living in Reykjavik is 30% more expensive than in Charlotte, North Carolina. 3%. The average cost of living in Canada varies depending on the city, province, and region, as well as your lifestyle and family size. In 2017, this put the average house price in Iceland at between … The country is isolated in the North Atlantic, marooned without its own oil deposits or refining capacity. Iceland has a population of 308,910 and a population density of 3.0 people per square kilometre. Visit Iceland, iceland tours, travels, holidays, what to do, travel, trips, travel, guide, attractions, vacation, sightseeing, activities, destination Fuel costs in Iceland are one of the things tourists—at least those from North America—find astonishing. Groceries Prices in Iceland are 32.34% higher than in Canada. Consumer Prices in Ireland are 15.29% lower than in Iceland (without rent) Consumer Prices Including Rent in Ireland are 10.45% lower than in Iceland: Rent Prices in Ireland are 1.47% higher than in Iceland: Restaurant Prices in Ireland are 18.55% lower than in Iceland: Groceries Prices in Ireland are 24.70% lower than in Iceland Compare Countries Cost of Living Rent Prices in Iceland are 34.98% higher than in Canada. > Privacy Policy, Copyright © 2009-2021 Numbeo. You just need to type Iceland and United States in our compare tool to find pertinent information in an easy to understand list format. Exchange rate: 0.01002 CAD / ISK Cost of living in Iceland is 70% more expensive than in Canada pay a 40.3% higher top tax rate. The site constructs an index where the cost of living in New York City is set at 100, and the index for other cities then calculated compared to this figure. Visit our Working in Canada section to learn more about salaries and other aspects of the job market. Monthly Cost Of Living in Iceland Housing. You just need to type Iceland and Vancouver in our compare tool to find pertinent information in an easy to understand list format. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. Your use of this service is subject to our Earthquakes: There are frequent earthquakes and volcano eruptions which can lead to huge loss of life and property. Change currency (USD) The statistics used to build this comparison are calculated using data from users just like you. > This entry gives an estimate of the percentage of adults (aged 15-49) living with HIV/AIDS. Restaurant Prices in Iceland are 67.64% higher than in Canada. $162.08 Ranked 44th. Your use of this service is subject to our Economically and technologically, the nation has developed in parallel with the US, its neighbor to the south across the world's longest unfortified border. 80, the usual expenses in another country are 20% less then inside the … Iceland and Canada living comparison. The following is a distilled version of my experiences and opinions of living in Iceland. The disparity between East and West Europe remains great, … Updated Mar 2021 Iceland is country located in Northern Europe. Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. Top level domains in Iceland… The currency in Iceland is Icelandic króna. Iceland covers an area of 103,000 square kilometres. Canada has a top tax rate of 33.0% as of 2016. Cost of living in Reykjavik is 78% more expensive than in Tallinn. > 50% more than Iceland Basic utilities > Garbage, water, heating, electricity for 85 sqm apartment: $131.86 Ranked 61st. A land of vast distances and rich natural resources, Canada became a self-governing dominion in 1867 while retaining ties to the British crown. cheaper than. Cost of living and purchasing power related to average income We ajusted the average cost of living inside the USA (based on 2019) to an index of 100. Canada is a developed country where excellent public services are available, making it possible to enjoy a high standard of living. is. You just need to type India and Iceland in our compare tool to find pertinent information in an easy to understand list format. 2. > 15%. cheaper than. Local Purchasing Power in Iceland is 13.67% lower than in Canada. Iceland gross domestic product (GDP) is $14,590,000,000. A couple with kids will need a bigger house, probably a three-bedroom apartment, which costs … Answer 1 of 16: Hi I'm going to Iceland soon and been told it's expensive, can anyone tell me the cost of food and drinks please. According to Numbeo’s figures, the price of buying an apartment in the city centre of Reykjavik is around 568,000 Icelandic krona (ISK) per square metre, which equates to more than €4,000 per square metre. If you want to compare the cost of Living in Iceland VS Vancouver, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. We average the price of thousands of data points entered by users across the world. Rent Prices in Canada are 23.44% lower than in Iceland Restaurant Prices in Canada are 35.24% lower than in Iceland Groceries Prices in Canada are 22.13% lower than in Iceland Local Purchasing Power in Canada is 17.21% higher than in Iceland The percentage of adults living with HIV/AIDS in Iceland is 0.30% while in Canada it is 0.30%. Cons: 1. Cost of living in Reykjavik (Iceland) is 17% more expensive than in Toronto (Canada) For example, you would need at least C$9,749 (973,562 kr) in Reykjavik to maintain the same standard of living that you can have with C$8,300 in Toronto. Explore similarities and differences. We'll spend 10 days touring the south of Iceland in August, car and housing are already booked. Rent Prices in Canada are 24.53% lower than in Ireland Restaurant Prices in Canada are 20.75% lower than in Ireland Groceries Prices in Canada are 3.19% higher than in Ireland Local Purchasing Power in Canada is 8.09% higher than in Ireland High GDP: Compared to countries like Canada, Norway, and Australia, Iceland has the highest GDP. If you want to compare the cost of Living in India VS Iceland, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. Compare Cost of living between Canada and Iceland Canada Iceland Taxi Fuel Typical Meal Fast Food (… Egg Rice Potato 0$ 2.5$ 5$ 7.5$ 10$ USD Cost of Living in Canada Foods in Iceland. Learn more about our data sources. Your use of this service is subject to our, Quality of Life Comparison Iceland vs Canada, Property Prices Comparison Iceland vs Canada, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. All other countries are related to this index. Terms of Use and Cost of living in Reykjavik is 5% more expensive than in San Jose, California. Cost of Living, Prices in Toronto (Canada) Cost of living in Reykjavik (Iceland) is 5% more expensive than in Los Angeles, California (United States) For example, you would need at least $10,153 (1,289,931 kr) in Reykjavik to maintain the same standard of living that you can have with $9,700 in … The Cost of living in Canada compared to Iceland shows that in Canada sometimes you would SAVE 110 CAD (12,599 ISK) for the Iceland same items. 100 people in Iceland and 1,000 people in Canada die from AIDS each year. The only other European countries which come close to Iceland, Norway and Denmark, is Switzerland. Cost of Living Comparison Between Reykjavik and Toronto You would need around 671,433.68kr (6,563.85C$) in Toronto to maintain the same standard of life that you can have with 780,000.00 kr in Reykjavik (assuming you rent in both cities). Therefore with an index of e.g. What should we expect to pay for one liter of gas, a hot dog, one kilo of tomatoes, a loaf of bread, one liter of milk, a piece of cheese, one yoghurt ? Your use of this service is subject to our, Quality of Life Comparison Canada vs Iceland, Property Prices Comparison Canada vs Iceland, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. GDP per capita is $ 47231. Life. Foods in Iceland. Privacy Policy, Copyright © 2009-2021 Numbeo. The official language of Iceland is Icelandic. I cannot speak to how another would experience living in Iceland. Cost of living in Iceland compared to Canada. Fuel is heavily taxed in Iceland and gas prices in Iceland can soar over $2 USD per liter. Cost of living in Reykjavik is 6% more expensive than in Chicago, Illinois Cost of living in Reykjavik is 22% more expensive than in Munich Cost of living in Reykjavik is … The costs of living in Iceland, including groceries, transportation, restaurants and utilities, are, according to the infographic, 2.14% higher than in New York. There is also a high human development index in terms of literacy levels and life expectancy. Compare Countries Iceland vs Canada, Copyright © 2009-2021 Numbeo. Given that a secure home is a necessity for every family, it’s no surprise that the high housing prices contribute to high living costs in this country. Milk. If you want to compare the cost of Living in Iceland VS Canada, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. It is based on 8,560 prices entered by 1,272 different people. If you’ll be renting, expect to spend about €1,355 for a one-bedroom apartment in the city center. These prices were last updated on December 17, 2020. is. Cost of Living We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. 23% more than Iceland Cinema ticket price > International release: $10.81 Ranked 32nd. Cost of living and prices in Iceland, prices of food, rent, shopping, etc. The housing market is very competitive and costly in Iceland. And, I am an American, married to an Icelandic woman, that lived in Iceland for two years from 2004 to 2006 (boon years prior to the economic meltdown). If you want to compare the cost of Living in Iceland VS United States, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. This 2020 guide outlines what you can expect in terms of living costs. Sports > Fitness club/gym > Cost per month for adult: Fitness Club, Monthly Fee for 1 Adult. In Iceland, the top tax rate is 46.3% as of 2016. You just need to type Iceland and Canada in our compare tool to find pertinent information in an easy to understand list format. Cost of living in Reykjavik is 39% more expensive than in Provo, Utah. The costs of living of all countries within the EU are lower than in Iceland. Terms of Use and The high cost of living: Iceland relies mostly on imports … The cost of living in Canada varies widely from region to region. We are prepared for the renowned Icelandic expensiveness but only have a rough idea of the actual cost of living there. Canada. Canada vs Iceland, Copyright © 2009-2021 Numbeo. According to this the cost of living in Iceland is 131, while the cost of living in Zürich, Switzerland is calculated as 150. 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