Ottawa vs Reykjavik - Cost of Living Comparison

Updated: October 14, 2025

	Ottawa	Reykjavik
🚶 Cost of living one person	$2096	$3268
👨‍👩‍👧‍👦 Cost of living Family	$4619	$6787
🏠 One person rent	$1231	$2025
🏘️ Family rent	$1937	$3029
🍽️ Food expenses	$576	$894
🚐 Transport expenses	$166	$101
💳 Monthly salary after tax	$3333	$4361
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	5 km	4 km
🎓 Higher education	50	52
😀 Quality of life	92	91
🏙️ Population	1.02M	140K

The cost of living in Ottawa is 36% less expensive than in Reykjavik. Cities ranked 1744th and 88th ($2096 vs $3268) in the list of the most expensive cities in the world and ranked 24th 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 Ottawa compared to 1.3 months in Reykjavik. Ottawa ranked 11th best city to live in Canada vs Reykjavik ranked 1st in Iceland, while ranked 129th and 191st among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Ottawa vs Reykjavik infographic

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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	$16.1	$27.9
🥂 Dinner in a Restaurant, for 2	$63.6	$79.5
🥪 Fast food meal, equiv. McDonald's	$10.8	$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.52	$13
☕ Cappuccino	$3.81	$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2	$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1295	$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1036	$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2109	$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1647	$2774
🔌 Utility Bill one person, electricity, heating, water, etc.	$95.9	$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$150	$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$84
🏦 Mortgage Interest Rate for 20 Years	5.23%	9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4937	$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3196	$6578
Transportation
🚌 Local transport ticket	$2.84	$5.36
🎟️ Monthly ticket local transport	$95.2	$88.4
🚕 Taxi Ride, 8 km or 5 mi	$15.2	$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.04	$2.55
Groceries
🥛 Milk, 1 L or 1 qt	$2.35	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$2.55	$4.43
🍚 Rice, 1 kg or 2.2 lb	$2.89	$3.55
🥚 Eggs, x12	$3.53	$6.58
🧀 Cheese, 1 kg or 2.2 lb	$13.6	$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$13.7	$25
🥩 Round Steak, 1 kg or 2.2 lb	$15.1	$41.5
🍏 Apples, 1 kg or 2.2 lb	$3.9	$3.59
🍌 Banana, 1 kg or 2.2 lb	$1.31	$2.58
🍊 Oranges, 1 kg or 2.2 lb	$3.6	$3.35
🍅 Tomato, 1 kg or 2.2 lb	$3.88	$5.57
🥔 Potato, 1 kg or 2.2 lb	$2.59	$3.7
🧅 Onion, 1 kg or 2.2 lb	$3.16	$2.56
🌊 Water, 1 L or 1 qt	$0.99	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.77	$3.04
🍾 Wine (mid-priced), 750 mL bottle	$13.5	$25.5
🍺 Beer, 0.5 L or 16 fl oz	$2.61	$3.79
🚬 Cigarette pack	$12.9	$13.6
💊 Cold medicince, 1 week	$11.6	$12.9
🧴 Hair Shampoo	$4.18	$5.86
🧻 Toilet paper, 4 rolls	$1.9	$5.2
👄 Toothpaste, 1 tube	$1.76	$3.63
Other
🏋️ Gym Membership, 1 month	$42.4	$88.2
🎫 Cinema Ticket, 1 person	$10.7	$18
👩‍⚕️ Doctor's visit	$66	$92.8
💇 Haircut, simple	$16.8	$46
👖 Brand Jeans	$56.4	$144
👟 Brand Sneakers	$89	$194
👶 Daycare or Preschool, 1 month	$783	$352
🏫 International Primary School, 1 year	$15527	$30378

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	$1802
19 km or 12 mi	Kanata	$2166
87 km or 54 mi	Cornwall	$1660
94 km or 58 mi	Brockville	$1836
124 km or 77 mi	Salaberry-de-Valleyfield	$1935
128 km or 80 mi	Mirabel	$1782
130 km or 81 mi	Vaudreuil-Dorion	$1850
138 km or 86 mi	Saint-Jerome	$1753
141 km or 87 mi	Saint-Eustache	$1806
143 km or 89 mi	Kirkland	$1835
144 km or 89 mi	Blainville	$1780
146 km or 90 mi	Sainte-Therese	$1785
147 km or 91 mi	Pointe-Claire	$1838
147 km or 91 mi	Boisbriand	$1763
147 km or 91 mi	Dollard-des-Ormeaux	$1829
147 km or 91 mi	Kingston	$1437
150 km or 93 mi	Le Ray	$1822
152 km or 94 mi	Dorval	$1853
152 km or 94 mi	Chateauguay	$1867
153 km or 95 mi	Laval	$1930
157 km or 98 mi	Saint-Lin-Laurentides	$1719
158 km or 98 mi	Cote-Saint-Luc	$1835
160 km or 100 mi	Mount Royal	$1820
162 km or 101 mi	Watertown	$1649
163 km or 102 mi	Terrebonne	$1805
163 km or 102 mi	Westmount	$1814
166 km or 103 mi	Saint-Constant	$1864
167 km or 104 mi	Montreal	$1903
167 km or 104 mi	Mascouche	$1766
170 km or 106 mi	Saint-Lambert	$1828
170 km or 106 mi	Candiac	$1892
170 km or 106 mi	Longueuil	$1842
171 km or 106 mi	La Prairie	$1911
175 km or 109 mi	Brossard	$2055
176 km or 109 mi	Boucherville	$1820
177 km or 110 mi	Repentigny	$1767
178 km or 111 mi	Varennes	$1786
183 km or 114 mi	L'Assomption	$1671
183 km or 114 mi	Saint-Bruno-de-Montarville	$1869
185 km or 115 mi	Sainte-Julie	$1822

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3175
9.8 km or 6.1 mi	Hafnarfjorur	$3148
38 km or 24 mi	Keflavik	$2596
247 km or 153 mi	Akureyri	$2990
795 km or 494 mi	Torshavn	$2077
1204 km or 748 mi	Inverness	$2021
1230 km or 764 mi	Elgin	$1507
1300 km or 808 mi	Derry	$1551
1309 km or 813 mi	Greenock	$1575
1321 km or 821 mi	Aberdeen	$1769
1325 km or 823 mi	Perth	$1641
1328 km or 825 mi	Stirling	$1711
1331 km or 827 mi	Paisley	$1837
1333 km or 828 mi	Alloa	$1762
1337 km or 831 mi	Glasgow	$2058
1339 km or 832 mi	Dundee	$1480
1340 km or 833 mi	Omagh	$1703
1341 km or 833 mi	Cumbernauld	$1619
1342 km or 834 mi	Irvine	$1630
1348 km or 838 mi	East Kilbride	$1840
1349 km or 838 mi	Kilmarnock	$1527
1351 km or 839 mi	Dunfermline	$1728
1353 km or 841 mi	Hamilton	$1797
1357 km or 843 mi	Ayr	$1522
1360 km or 845 mi	Kirkcaldy	$1768
1365 km or 848 mi	Livingston	$1775
1372 km or 852 mi	Edinburgh	$2310
1382 km or 859 mi	Newtownabbey	$1808
1387 km or 862 mi	Belfast	$1884
1390 km or 864 mi	Bangor	$1484
1391 km or 864 mi	Lisburn	$1879
1401 km or 871 mi	Alesund	$1797
1413 km or 878 mi	Galway	$2768
1425 km or 886 mi	Dundalk	$1955
1431 km or 889 mi	Dumfries	$1485
1433 km or 891 mi	Nuuk	$2217
1441 km or 895 mi	Molde	$1986
1454 km or 903 mi	Kristiansund	$1887
1455 km or 904 mi	Drogheda	$2902
1455 km or 904 mi	Bergen	$2242