Edmonton vs Reykjavik - Cost of Living Comparison

Updated: March 02, 2025

	Edmonton	Reykjavik
🚶 Cost of living one person	$1769	$2938
👨‍👩‍👧‍👦 Cost of living Family	$4094	$5875
🏠 One person rent	$948	$1801
🏘️ Family rent	$1630	$2674
🍽️ Food expenses	$540	$827
🚐 Transport expenses	$165	$90.1
💳 Monthly salary after tax	$2961	$3761
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	25 km	4 km
🎓 Higher education	63	53
😀 Quality of life	89	89
🏙️ Population	1.01M	140K

The cost of living in Edmonton is 40% less expensive than in Reykjavik. Cities ranked 2475th and 200th ($1769 vs $2938) in the list of the most expensive cities in the world and ranked 84th and 1st in Canada and Iceland, respectively. Check Canada vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.7 months in Edmonton compared to 1.3 months in Reykjavik. Edmonton ranked 12th best city to live in Canada vs Reykjavik ranked 1st in Iceland, while ranked 181st and 194th 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	$15.4	$21.5
🥂 Dinner in a Restaurant, for 2	$56.1	$137
🥪 Fast food meal, equiv. McDonald's	$10.6	$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.07	$10.8
☕ Cappuccino	$3.66	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.91	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$961	$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$711	$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1601	$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1315	$2456
🔌 Utility Bill one person, electricity, heating, water, etc.	$130	$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$201	$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$56.2	$71.4
🏦 Mortgage Interest Rate for 20 Years	6.25%	9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2901	$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2327	$5599
Transportation
🚌 Local transport ticket	$2.47	$4.52
🎟️ Monthly ticket local transport	$70.2	$75.8
🚕 Taxi Ride, 8 km or 5 mi	$21.6	$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.03	$2.23
Groceries
🥛 Milk, 1 L or 1 qt	$1.84	$1.66
🍞 Bread, 0.5 kg or 1.1 lb	$2.34	$3.74
🍚 Rice, 1 kg or 2.2 lb	$2.67	$3.24
🥚 Eggs, x12	$3.6	$5.94
🧀 Cheese, 1 kg or 2.2 lb	$12.6	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.6	$20.9
🥩 Round Steak, 1 kg or 2.2 lb	$14.5	$37
🍏 Apples, 1 kg or 2.2 lb	$4.28	$2.94
🍌 Banana, 1 kg or 2.2 lb	$1.23	$2.25
🍊 Oranges, 1 kg or 2.2 lb	$3.68	$2.73
🍅 Tomato, 1 kg or 2.2 lb	$3.6	$4.73
🥔 Potato, 1 kg or 2.2 lb	$2.33	$3.26
🧅 Onion, 1 kg or 2.2 lb	$2.2	$2.11
🌊 Water, 1 L or 1 qt	$1.26	$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2	$2.69
🍾 Wine (mid-priced), 750 mL bottle	$14.1	$21.6
🍺 Beer, 0.5 L or 16 fl oz	$2.73	$3.26
🚬 Cigarette pack	$13.7	$12.3
💊 Cold medicince, 1 week	$9.29	$10.4
🧴 Hair Shampoo	$4.31	$5.23
🧻 Toilet paper, 4 rolls	$3.1	$4.55
👄 Toothpaste, 1 tube	$1.81	$3.2
Other
🏋️ Gym Membership, 1 month	$44.3	$73.2
🎫 Cinema Ticket, 1 person	$11.8	$15.9
👩‍⚕️ Doctor's visit	$56.6	$82.2
💇 Haircut, simple	$15.3	$45.6
👖 Brand Jeans	$48.5	$128
👟 Brand Sneakers	$83.7	$162
👶 Daycare or Preschool, 1 month	$689	$279
🏫 International Primary School, 1 year	$7826	$2532

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	$1588
31 km or 19 mi	Leduc	$1656
142 km or 88 mi	Red Deer	$1676
279 km or 173 mi	Calgary	$2077
297 km or 185 mi	Banff	$1743
380 km or 236 mi	Fort McMurray	$1871
388 km or 241 mi	Grande Prairie	$1778
429 km or 267 mi	Lethbridge	$1614
435 km or 270 mi	Medicine Hat	$1487
483 km or 300 mi	Saskatoon	$1786
515 km or 320 mi	Prince Albert	$1446
565 km or 351 mi	Kamloops	$1770
576 km or 358 mi	Kelowna	$1886
610 km or 379 mi	Prince George	$1491
616 km or 383 mi	Penticton	$1638
622 km or 387 mi	Sandpoint	$2568
646 km or 402 mi	Moose Jaw	$1360
688 km or 428 mi	Great Falls	$2007
689 km or 428 mi	Coeur d'Alene	$2299
691 km or 430 mi	Post Falls	$2284
698 km or 434 mi	Regina	$1540
703 km or 437 mi	Spokane Valley	$2174
711 km or 442 mi	Spokane	$2163
743 km or 461 mi	Missoula	$2054
752 km or 467 mi	Whistler	$2023
762 km or 473 mi	Chilliwack	$1761
779 km or 484 mi	Helena	$2327
789 km or 491 mi	Abbotsford	$1883
792 km or 492 mi	Maple Ridge	$1969
796 km or 495 mi	Moscow	$1792
798 km or 496 mi	Coquitlam	$2490
800 km or 497 mi	Pullman	$1612
804 km or 499 mi	Langley	$2021
809 km or 502 mi	Surrey	$2280
809 km or 503 mi	Burnaby	$2495
811 km or 504 mi	North Vancouver	$2388
818 km or 508 mi	Vancouver	$2488
820 km or 510 mi	Bellingham	$2466
821 km or 510 mi	Delta	$2317
822 km or 511 mi	Moses Lake	$2009

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$2802
9.8 km or 6.1 mi	Hafnarfjorur	$2817
38 km or 24 mi	Keflavik	$2355
247 km or 153 mi	Akureyri	$2678
795 km or 494 mi	Torshavn	$1828
1204 km or 748 mi	Inverness	$1722
1230 km or 764 mi	Elgin	$1393
1300 km or 808 mi	Derry	$1390
1309 km or 813 mi	Greenock	$1601
1321 km or 821 mi	Aberdeen	$1614
1325 km or 823 mi	Perth	$1500
1328 km or 825 mi	Stirling	$1604
1331 km or 827 mi	Paisley	$1765
1333 km or 828 mi	Alloa	$1649
1337 km or 831 mi	Glasgow	$2011
1339 km or 832 mi	Dundee	$1482
1340 km or 833 mi	Omagh	$1562
1341 km or 833 mi	Cumbernauld	$1475
1342 km or 834 mi	Irvine	$1551
1348 km or 838 mi	East Kilbride	$1763
1349 km or 838 mi	Kilmarnock	$1480
1351 km or 839 mi	Dunfermline	$1692
1353 km or 841 mi	Hamilton	$1699
1357 km or 843 mi	Ayr	$1404
1360 km or 845 mi	Kirkcaldy	$1610
1365 km or 848 mi	Livingston	$1608
1372 km or 852 mi	Edinburgh	$2140
1382 km or 859 mi	Newtownabbey	$1692
1387 km or 862 mi	Belfast	$1755
1390 km or 864 mi	Bangor	$1382
1391 km or 864 mi	Lisburn	$1713
1401 km or 871 mi	Alesund	$1603
1413 km or 878 mi	Galway	$2297
1425 km or 886 mi	Dundalk	$1767
1431 km or 889 mi	Dumfries	$1246
1433 km or 891 mi	Nuuk	$2031
1441 km or 895 mi	Molde	$1813
1454 km or 903 mi	Kristiansund	$1700
1455 km or 904 mi	Drogheda	$2628
1455 km or 904 mi	Bergen	$2006