Edmonton vs Reykjavik - Cost of Living Comparison

Updated: March 01, 2024

	Edmonton	Reykjavik
🚶 Cost of living one person	$1732	$2723
👨‍👩‍👧‍👦 Cost of living Family	$3831	$5671
🏠 One person rent	$950	$1643
🏘️ Family rent	$1492	$2600
🍽️ Food expenses	$521	$800
🚐 Transport expenses	$141	$86.1
💳 Monthly salary after tax	$3155	$3682
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	25 km	4 km
🎓 Higher education	63	53
😀 Quality of life	92	89
🏙️ Population	1.01M	140K

The cost of living in Edmonton is 36% less expensive than in Reykjavik. Cities ranked 2554th and 344th ($1732 vs $2723) in the list of the most expensive cities in the world and ranked 96th and 1st in Canada and Iceland, respectively. Check Canada vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.8 months in Edmonton compared to 1.4 months in Reykjavik. Edmonton ranked 8th best city to live in Canada vs Reykjavik ranked 1st in Iceland, while ranked 77th and 152nd among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Edmonton vs Reykjavik infographic

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<img src="https://livingcost.org/assets/photo/cost/edmonton/reykjavik.jpg" alt="Cost of living in Edmonton vs Reykjavik infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/edmonton/reykjavik" target="_blank">Edmonton vs Reykjavik - Cost of Living Comparison</a></p>

Prices in Edmonton vs Reykjavik

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

	Edmonton	Reykjavik
Eating Out
🍱 Lunch Menu	$14	$21.6
🥂 Dinner in a Restaurant, for 2	$54.5	$125
🥪 Fast food meal, equiv. McDonald's	$8.9	$16.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.25	$10.9
☕ Cappuccino	$3.69	$5.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.73	$2.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$897	$1659
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$718	$1492
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1452	$2694
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1166	$2395
🔌 Utility Bill one person, electricity, heating, water, etc.	$137	$52.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$210	$80.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$59.2	$64.8
🏦 Mortgage Interest Rate for 20 Years	6.11%	8.07%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3053	$6252
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2016	$4951
Transportation
🚌 Local transport ticket	$2.55	$4.13
🎟️ Monthly ticket local transport	$74.2	$66.6
🚕 Taxi Ride, 8 km or 5 mi	$14.1	$26.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.01	$2.28
Groceries
🥛 Milk, 1 L or 1 qt	$1.86	$1.65
🍞 Bread, 0.5 kg or 1.1 lb	$2.31	$3.71
🍚 Rice, 1 kg or 2.2 lb	$2.73	$3.27
🥚 Eggs, x12	$3.61	$6.03
🧀 Cheese, 1 kg or 2.2 lb	$12.5	$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.2	$19.8
🥩 Round Steak, 1 kg or 2.2 lb	$14	$31
🍏 Apples, 1 kg or 2.2 lb	$4.19	$3.2
🍌 Banana, 1 kg or 2.2 lb	$1.36	$2.12
🍊 Oranges, 1 kg or 2.2 lb	$3.81	$2.81
🍅 Tomato, 1 kg or 2.2 lb	$3.86	$4.84
🥔 Potato, 1 kg or 2.2 lb	$2.32	$3.07
🧅 Onion, 1 kg or 2.2 lb	$2.15	$2.14
🌊 Water, 1 L or 1 qt	$1.21	$1.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.27	$2.53
🍾 Wine (mid-priced), 750 mL bottle	$12.2	$20
🍺 Beer, 0.5 L or 16 fl oz	$2.86	$3.08
🚬 Cigarette pack	$13.1	$11.8
💊 Cold medicince, 1 week	$9.23	$11.6
🧴 Hair Shampoo	$4.55	$5.21
🧻 Toilet paper, 4 rolls	$3.22	$4.67
👄 Toothpaste, 1 tube	$1.92	$3.24
Other
🏋️ Gym Membership, 1 month	$44.9	$63.3
🎫 Cinema Ticket, 1 person	$11.7	$14.5
👩‍⚕️ Doctor's visit	$60.3	$83
💇 Haircut, simple	$17.6	$37.2
👖 Brand Jeans	$52.7	$105
👟 Brand Sneakers	$80.3	$142
👶 Daycare or Preschool, 1 month	$638	$239
🏫 International Primary School, 1 year	$7157	$6072

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Edmonton

Distance	City	Cost of living
27 km or 16 mi	Spruce Grove	$1711
31 km or 19 mi	Leduc	$1694
142 km or 88 mi	Red Deer	$1688
279 km or 173 mi	Calgary	$2113
297 km or 185 mi	Banff	$1860
380 km or 236 mi	Fort McMurray	$1722
388 km or 241 mi	Grande Prairie	$1789
429 km or 267 mi	Lethbridge	$1675
435 km or 270 mi	Medicine Hat	$1510
483 km or 300 mi	Saskatoon	$1858
515 km or 320 mi	Prince Albert	$1629
565 km or 351 mi	Kamloops	$1835
576 km or 358 mi	Kelowna	$1696
610 km or 379 mi	Prince George	$1424
616 km or 383 mi	Penticton	$1718
622 km or 387 mi	Sandpoint	$2798
646 km or 402 mi	Moose Jaw	$1613
688 km or 428 mi	Great Falls	$2484
689 km or 428 mi	Coeur d'Alene	$2269
691 km or 430 mi	Post Falls	$2276
698 km or 434 mi	Regina	$1526
703 km or 437 mi	Spokane Valley	$2061
711 km or 442 mi	Spokane	$2022
743 km or 461 mi	Missoula	$1795
752 km or 467 mi	Whistler	$2445
762 km or 473 mi	Chilliwack	$1760
779 km or 484 mi	Helena	$2023
789 km or 491 mi	Abbotsford	$1990
792 km or 492 mi	Maple Ridge	$2218
796 km or 495 mi	Moscow	$1526
798 km or 496 mi	Coquitlam	$2595
800 km or 497 mi	Pullman	$1568
804 km or 499 mi	Langley	$2034
809 km or 502 mi	Surrey	$2407
809 km or 503 mi	Burnaby	$2595
811 km or 504 mi	North Vancouver	$2529
818 km or 508 mi	Vancouver	$2564
820 km or 510 mi	Bellingham	$2251
821 km or 510 mi	Delta	$2329
822 km or 511 mi	Moses Lake	$1908

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$2304
9.8 km or 6.1 mi	Hafnarfjorur	$2460
38 km or 24 mi	Keflavik	$2023
247 km or 153 mi	Akureyri	$2011
795 km or 494 mi	Torshavn	$1952
1204 km or 748 mi	Inverness	$1629
1230 km or 764 mi	Elgin	$1554
1300 km or 808 mi	Derry	$1662
1309 km or 813 mi	Greenock	$1524
1321 km or 821 mi	Aberdeen	$1681
1325 km or 823 mi	Perth	$1537
1328 km or 825 mi	Stirling	$1659
1331 km or 827 mi	Paisley	$1734
1333 km or 828 mi	Alloa	$1670
1337 km or 831 mi	Glasgow	$1884
1339 km or 832 mi	Dundee	$1527
1340 km or 833 mi	Omagh	$1642
1341 km or 833 mi	Cumbernauld	$1803
1342 km or 834 mi	Irvine	$1514
1348 km or 838 mi	East Kilbride	$1748
1349 km or 838 mi	Kilmarnock	$1399
1351 km or 839 mi	Dunfermline	$1693
1353 km or 841 mi	Hamilton	$1731
1357 km or 843 mi	Ayr	$1520
1360 km or 845 mi	Kirkcaldy	$1800
1365 km or 848 mi	Livingston	$1651
1372 km or 852 mi	Edinburgh	$2043
1382 km or 859 mi	Newtownabbey	$1666
1387 km or 862 mi	Belfast	$1741
1390 km or 864 mi	Bangor	$1305
1391 km or 864 mi	Lisburn	$1643
1401 km or 871 mi	Alesund	$1539
1413 km or 878 mi	Galway	$2244
1425 km or 886 mi	Dundalk	$1869
1431 km or 889 mi	Dumfries	$1723
1433 km or 891 mi	Nuuk	$2175
1441 km or 895 mi	Molde	$1928
1454 km or 903 mi	Kristiansund	$1632
1455 km or 904 mi	Drogheda	$2391
1455 km or 904 mi	Bergen	$1991