Ottawa vs Reykjavik - Cost of Living Comparison

Updated: March 11, 2026

	Ottawa	Reykjavik
🚶 Cost of living one person	$2133	$3322
👨‍👩‍👧‍👦 Cost of living Family	$4730	$6846
🏠 One person rent	$1249	$2058
🏘️ Family rent	$1952	$3020
🍽️ Food expenses	$587	$916
🚐 Transport expenses	$172	$102
💳 Monthly salary after tax	$3871	$4546
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	6 km	4 km
🎓 Higher education	49	52
😀 Quality of life	92	89
🏙️ Population	1.02M	139K

The cost of living in Ottawa is 36% less expensive than in Reykjavik. Cities ranked 1668th and 86th ($2133 vs $3322) in the list of the most expensive cities in the world and ranked 27th 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 Ottawa compared to 1.4 months in Reykjavik. Ottawa ranked 10th best city to live in Canada vs Reykjavik ranked 1st in Iceland, while ranked 123rd and 268th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Ottawa vs Reykjavik

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

	Ottawa	Reykjavik
Eating Out
🍱 Lunch Menu	$16.4	$28.6
🥂 Dinner in a Restaurant, for 2	$62.9	$90.8
🥪 Fast food meal, equiv. McDonald's	$11	$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.87	$12.6
☕ Cappuccino	$4.25	$6.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.1	$3.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1328	$2151
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1047	$1861
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2126	$3373
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1662	$2721
🔌 Utility Bill one person, electricity, heating, water, etc.	$96.9	$51.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$148	$81.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$48.9	$87.2
🏦 Mortgage Interest Rate for 20 Years	4.48%	8.79%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4318	$7832
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3670	$6385
Transportation
🚌 Local transport ticket	$2.99	$5.51
🎟️ Monthly ticket local transport	$99.5	$87.9
🚕 Taxi Ride, 8 km or 5 mi	$15.9	$29.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1	$2.49
Groceries
🥛 Milk, 1 L or 1 qt	$2.18	$1.98
🍞 Bread, 0.5 kg or 1.1 lb	$2.68	$4.44
🍚 Rice, 1 kg or 2.2 lb	$2.89	$3.58
🥚 Eggs, x12	$3.59	$6.83
🧀 Cheese, 1 kg or 2.2 lb	$13	$19.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$13.2	$26
🥩 Round Steak, 1 kg or 2.2 lb	$16.8	$44.9
🍏 Apples, 1 kg or 2.2 lb	$4.13	$3.55
🍌 Banana, 1 kg or 2.2 lb	$1.37	$2.67
🍊 Oranges, 1 kg or 2.2 lb	$3.85	$3.41
🍅 Tomato, 1 kg or 2.2 lb	$4	$5.8
🥔 Potato, 1 kg or 2.2 lb	$2.57	$3.52
🧅 Onion, 1 kg or 2.2 lb	$3.08	$2.2
🌊 Water, 1 L or 1 qt	$1.05	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.84	$3.01
🍾 Wine (mid-priced), 750 mL bottle	$11.9	$24.2
🍺 Beer, 0.5 L or 16 fl oz	$2.74	$3.95
🚬 Cigarette pack	$13.8	$14
💊 Cold medicince, 1 week	$12.8	$12.7
🧴 Hair Shampoo	$4.26	$5.93
🧻 Toilet paper, 4 rolls	$1.99	$5.26
👄 Toothpaste, 1 tube	$2.04	$3.63
Other
🏋️ Gym Membership, 1 month	$44.4	$95.3
🎫 Cinema Ticket, 1 person	$11	$18.6
👩‍⚕️ Doctor's visit	$68.3	$93.8
💇 Haircut, simple	$16.7	$46.1
👖 Brand Jeans	$56.4	$144
👟 Brand Sneakers	$89.3	$176
👶 Daycare or Preschool, 1 month	$882	$408
🏫 International Primary School, 1 year	$17337	$30361

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Ottawa

Distance	City	Cost of living
7.4 km or 4.6 mi	Gatineau	$1866
19 km or 12 mi	Kanata	$2229
87 km or 54 mi	Cornwall	$1703
94 km or 58 mi	Brockville	$1868
124 km or 77 mi	Salaberry-de-Valleyfield	$1971
128 km or 80 mi	Mirabel	$1896
130 km or 81 mi	Vaudreuil-Dorion	$1924
138 km or 86 mi	Saint-Jerome	$1864
141 km or 87 mi	Saint-Eustache	$1948
143 km or 89 mi	Kirkland	$1930
144 km or 89 mi	Blainville	$1935
146 km or 90 mi	Sainte-Therese	$1950
147 km or 91 mi	Pointe-Claire	$1920
147 km or 91 mi	Boisbriand	$1934
147 km or 91 mi	Dollard-des-Ormeaux	$1944
147 km or 91 mi	Kingston	$1476
150 km or 93 mi	Le Ray	$1927
152 km or 94 mi	Dorval	$1923
152 km or 94 mi	Chateauguay	$1914
153 km or 95 mi	Laval	$2047
157 km or 98 mi	Saint-Lin-Laurentides	$1800
158 km or 98 mi	Cote-Saint-Luc	$1893
160 km or 100 mi	Mount Royal	$1876
162 km or 101 mi	Watertown	$1733
163 km or 102 mi	Terrebonne	$1907
163 km or 102 mi	Westmount	$1862
166 km or 103 mi	Saint-Constant	$1910
167 km or 104 mi	Montreal	$1928
167 km or 104 mi	Mascouche	$1852
170 km or 106 mi	Saint-Lambert	$1875
170 km or 106 mi	Candiac	$1940
170 km or 106 mi	Longueuil	$1923
171 km or 106 mi	La Prairie	$1960
175 km or 109 mi	Brossard	$2080
176 km or 109 mi	Boucherville	$1897
177 km or 110 mi	Repentigny	$1846
178 km or 111 mi	Varennes	$1861
183 km or 114 mi	L'Assomption	$1723
183 km or 114 mi	Saint-Bruno-de-Montarville	$1918
185 km or 115 mi	Sainte-Julie	$1891

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3219
9.8 km or 6.1 mi	Hafnarfjorur	$3212
38 km or 24 mi	Keflavik	$2621
247 km or 153 mi	Akureyri	$2974
795 km or 494 mi	Torshavn	$2066
1204 km or 748 mi	Inverness	$2053
1230 km or 764 mi	Elgin	$1540
1300 km or 808 mi	Derry	$1620
1309 km or 813 mi	Greenock	$1645
1321 km or 821 mi	Aberdeen	$1848
1325 km or 823 mi	Perth	$1656
1328 km or 825 mi	Stirling	$1852
1331 km or 827 mi	Paisley	$1906
1333 km or 828 mi	Alloa	$1862
1337 km or 831 mi	Glasgow	$2121
1339 km or 832 mi	Dundee	$1585
1340 km or 833 mi	Omagh	$1769
1341 km or 833 mi	Cumbernauld	$1652
1342 km or 834 mi	Irvine	$1707
1348 km or 838 mi	East Kilbride	$1902
1349 km or 838 mi	Kilmarnock	$1568
1351 km or 839 mi	Dunfermline	$1782
1353 km or 841 mi	Hamilton	$1854
1357 km or 843 mi	Ayr	$1588
1360 km or 845 mi	Kirkcaldy	$1821
1365 km or 848 mi	Livingston	$1784
1372 km or 852 mi	Edinburgh	$2331
1382 km or 859 mi	Newtownabbey	$1892
1387 km or 862 mi	Belfast	$1954
1390 km or 864 mi	Bangor	$1496
1391 km or 864 mi	Lisburn	$1945
1401 km or 871 mi	Alesund	$1980
1413 km or 878 mi	Galway	$2978
1425 km or 886 mi	Dundalk	$2179
1431 km or 889 mi	Dumfries	$1490
1433 km or 891 mi	Nuuk	$2363
1441 km or 895 mi	Molde	$2135
1454 km or 903 mi	Kristiansund	$1984
1455 km or 904 mi	Drogheda	$2627
1455 km or 904 mi	Bergen	$2409