Calgary vs Reykjavik - Cost of Living Comparison

Updated: October 10, 2024

	Calgary	Reykjavik
🚶 Cost of living one person	$2149	$2915
👨‍👩‍👧‍👦 Cost of living Family	$4908	$5968
🏠 One person rent	$1251	$1781
🏘️ Family rent	$2067	$2749
🍽️ Food expenses	$593	$832
🚐 Transport expenses	$170	$88.7
💳 Monthly salary after tax	$3509	$3918
😷 Air quality	Good	Excellent
✈️ Airport proximity	9 km	4 km
🎓 Higher education	53	53
😀 Quality of life	90	89
🏙️ Population	1.31M	140K

The cost of living in Calgary is 26% less expensive than in Reykjavik. Cities ranked 1473rd and 204th ($2149 vs $2915) in the list of the most expensive cities in the world and ranked 28th and 1st in Canada and Iceland, respectively. Check Canada vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.6 months in Calgary compared to 1.3 months in Reykjavik. Calgary ranked 6th best city to live in Canada vs Reykjavik ranked 1st in Iceland, while ranked 131st and 189th among best cities to live in the world.

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Cost of living in Calgary vs Reykjavik infographic

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Prices in Calgary vs Reykjavik

Prices for goods and services in Calgary and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Calgary	Reykjavik
Eating Out
🍱 Lunch Menu	$16.9	$22
🥂 Dinner in a Restaurant, for 2	$64.6	$125
🥪 Fast food meal, equiv. McDonald's	$10.2	$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.43	$11.1
☕ Cappuccino	$4.28	$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.04	$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1277	$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1002	$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2181	$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1707	$2552
🔌 Utility Bill one person, electricity, heating, water, etc.	$134	$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$206	$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$59.9	$74.1
🏦 Mortgage Interest Rate for 20 Years	6.34%	8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3298	$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3114	$5311
Transportation
🚌 Local transport ticket	$2.75	$4.63
🎟️ Monthly ticket local transport	$83.8	$77.2
🚕 Taxi Ride, 8 km or 5 mi	$15.5	$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.12	$2.29
Groceries
🥛 Milk, 1 L or 1 qt	$2.07	$1.72
🍞 Bread, 0.5 kg or 1.1 lb	$2.49	$3.66
🍚 Rice, 1 kg or 2.2 lb	$3.17	$3.25
🥚 Eggs, x12	$3.96	$5.9
🧀 Cheese, 1 kg or 2.2 lb	$15.5	$16
🐔 Chicken Breast, 1 kg or 2.2 lb	$14.2	$21.4
🥩 Round Steak, 1 kg or 2.2 lb	$15.9	$37.6
🍏 Apples, 1 kg or 2.2 lb	$4.35	$3.07
🍌 Banana, 1 kg or 2.2 lb	$1.44	$2.29
🍊 Oranges, 1 kg or 2.2 lb	$3.96	$2.72
🍅 Tomato, 1 kg or 2.2 lb	$4.15	$4.99
🥔 Potato, 1 kg or 2.2 lb	$2.5	$3.21
🧅 Onion, 1 kg or 2.2 lb	$2.31	$2.16
🌊 Water, 1 L or 1 qt	$1.33	$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.61	$2.74
🍾 Wine (mid-priced), 750 mL bottle	$14.9	$22
🍺 Beer, 0.5 L or 16 fl oz	$2.97	$3.27
🚬 Cigarette pack	$13.6	$12.2
💊 Cold medicince, 1 week	$8.18	$11.6
🧴 Hair Shampoo	$5.97	$5.36
🧻 Toilet paper, 4 rolls	$2.9	$4.68
👄 Toothpaste, 1 tube	$2.32	$3.32
Other
🏋️ Gym Membership, 1 month	$53	$71.8
🎫 Cinema Ticket, 1 person	$13	$15.1
👩‍⚕️ Doctor's visit	$65.5	$84.7
💇 Haircut, simple	$23.4	$47.4
👖 Brand Jeans	$55	$112
👟 Brand Sneakers	$84.7	$155
👶 Daycare or Preschool, 1 month	$984	$254
🏫 International Primary School, 1 year	$19196	$6167

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Calgary

Distance	City	Cost of living
106 km or 66 mi	Banff	$1914
137 km or 85 mi	Red Deer	$1727
174 km or 108 mi	Lethbridge	$1701
248 km or 154 mi	Leduc	$1723
265 km or 165 mi	Medicine Hat	$1577
278 km or 173 mi	Spruce Grove	$1709
279 km or 173 mi	Edmonton	$1785
357 km or 222 mi	Sandpoint	$2523
402 km or 250 mi	Kelowna	$2001
422 km or 262 mi	Coeur d'Alene	$2275
426 km or 265 mi	Post Falls	$2250
429 km or 266 mi	Penticton	$1781
440 km or 273 mi	Spokane Valley	$2156
442 km or 275 mi	Kamloops	$1854
443 km or 275 mi	Great Falls	$2139
452 km or 281 mi	Spokane	$2150
466 km or 289 mi	Missoula	$2011
517 km or 322 mi	Helena	$2498
524 km or 325 mi	Saskatoon	$1793
526 km or 327 mi	Moscow	$1642
531 km or 330 mi	Pullman	$1566
556 km or 345 mi	Grande Prairie	$1786
560 km or 348 mi	Lewiston	$1830
572 km or 355 mi	Butte	$1610
579 km or 360 mi	Moses Lake	$1917
600 km or 373 mi	Chilliwack	$1765
603 km or 375 mi	Moose Jaw	$1408
607 km or 377 mi	Wenatchee	$2322
616 km or 382 mi	Prince Albert	$1487
630 km or 391 mi	Abbotsford	$1976
636 km or 395 mi	Whistler	$2469
637 km or 396 mi	Walla Walla	$2010
638 km or 396 mi	Bozeman	$2484
641 km or 398 mi	Maple Ridge	$2243
650 km or 404 mi	Langley	$1983
650 km or 404 mi	Pasco	$2042
651 km or 405 mi	Coquitlam	$2553
654 km or 406 mi	Bellingham	$2278
654 km or 406 mi	Richland	$2169
655 km or 407 mi	Fort McMurray	$1871

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$2371
9.8 km or 6.1 mi	Hafnarfjorur	$2602
38 km or 24 mi	Keflavik	$2091
247 km or 153 mi	Akureyri	$2300
795 km or 494 mi	Torshavn	$1913
1204 km or 748 mi	Inverness	$1830
1230 km or 764 mi	Elgin	$1459
1300 km or 808 mi	Derry	$1491
1309 km or 813 mi	Greenock	$1599
1321 km or 821 mi	Aberdeen	$1701
1325 km or 823 mi	Perth	$1647
1328 km or 825 mi	Stirling	$1625
1331 km or 827 mi	Paisley	$1793
1333 km or 828 mi	Alloa	$1710
1337 km or 831 mi	Glasgow	$2013
1339 km or 832 mi	Dundee	$1545
1340 km or 833 mi	Omagh	$1650
1341 km or 833 mi	Cumbernauld	$1767
1342 km or 834 mi	Irvine	$1573
1348 km or 838 mi	East Kilbride	$1818
1349 km or 838 mi	Kilmarnock	$1470
1351 km or 839 mi	Dunfermline	$1724
1353 km or 841 mi	Hamilton	$1793
1357 km or 843 mi	Ayr	$1420
1360 km or 845 mi	Kirkcaldy	$1704
1365 km or 848 mi	Livingston	$1744
1372 km or 852 mi	Edinburgh	$2246
1382 km or 859 mi	Newtownabbey	$1767
1387 km or 862 mi	Belfast	$1830
1390 km or 864 mi	Bangor	$1467
1391 km or 864 mi	Lisburn	$1805
1401 km or 871 mi	Alesund	$1657
1413 km or 878 mi	Galway	$2427
1425 km or 886 mi	Dundalk	$1930
1431 km or 889 mi	Dumfries	$1390
1433 km or 891 mi	Nuuk	$2125
1441 km or 895 mi	Molde	$1969
1454 km or 903 mi	Kristiansund	$1752
1455 km or 904 mi	Drogheda	$2492
1455 km or 904 mi	Bergen	$2161