Ottawa vs Reykjavik - Cost of Living Comparison

Updated: June 21, 2026

	Ottawa	Reykjavik
🚶 Cost of living one person	$2122	$3205
👨‍👩‍👧‍👦 Cost of living Family	$4795	$6762
🏠 One person rent	$1248	$1954
🏘️ Family rent	$2038	$2956
🍽️ Food expenses	$575	$904
🚐 Transport expenses	$167	$100
💳 Monthly salary after tax	$3638	$4423
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	6 km	4 km
🎓 Higher education	49	53
😀 Quality of life	91	88
🏙️ Population	1.02M	139K

The cost of living in Ottawa is 34% less expensive than in Reykjavik. Cities ranked 1688th and 119th ($2122 vs $3205) in the list of the most expensive cities in the world and ranked 22nd 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 Ottawa compared to 1.4 months in Reykjavik. Ottawa ranked 8th best city to live in Canada vs Reykjavik ranked 1st in Iceland, while ranked 141st and 258th among best cities to live in the world.

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the estimated difference in money purchasing power

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

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	$15.2	$28.3
🥂 Dinner in a Restaurant, for 2	$65.6	$97.9
🥪 Fast food meal, equiv. McDonald's	$11.1	$20
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.79	$13.4
☕ Cappuccino	$4.28	$6.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.14	$3.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1259	$2129
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1072	$1743
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2157	$3328
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1775	$2660
🔌 Utility Bill one person, electricity, heating, water, etc.	$93.4	$52.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$142	$80.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.2	$82
🏦 Mortgage Interest Rate for 20 Years	4.27%	8.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4527	$7748
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4215	$6175
Transportation
🚌 Local transport ticket	$2.92	$5.38
🎟️ Monthly ticket local transport	$96.3	$90.3
🚕 Taxi Ride, 8 km or 5 mi	$15.1	$28.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.12	$2.12
Groceries
🥛 Milk, 1 L or 1 qt	$2.43	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$2.55	$4.21
🍚 Rice, 1 kg or 2.2 lb	$3.08	$3.46
🥚 Eggs, x12	$3.51	$6.99
🧀 Cheese, 1 kg or 2.2 lb	$13	$20.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.6	$24.8
🥩 Round Steak, 1 kg or 2.2 lb	$15.7	$44.1
🍏 Apples, 1 kg or 2.2 lb	$3.89	$3.41
🍌 Banana, 1 kg or 2.2 lb	$1.21	$2.66
🍊 Oranges, 1 kg or 2.2 lb	$4	$3.17
🍅 Tomato, 1 kg or 2.2 lb	$3.86	$5.99
🥔 Potato, 1 kg or 2.2 lb	$2.5	$3.65
🧅 Onion, 1 kg or 2.2 lb	$2.9	$1.89
🌊 Water, 1 L or 1 qt	$1.03	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.98	$3
🍾 Wine (mid-priced), 750 mL bottle	$12.3	$23.2
🍺 Beer, 0.5 L or 16 fl oz	$2.77	$3.72
🚬 Cigarette pack	$14.2	$13.5
💊 Cold medicince, 1 week	$11.6	$11.6
🧴 Hair Shampoo	$4.19	$5.76
🧻 Toilet paper, 4 rolls	$1.94	$5.18
👄 Toothpaste, 1 tube	$2.36	$3.63
Other
🏋️ Gym Membership, 1 month	$43.9	$90.3
🎫 Cinema Ticket, 1 person	$11.4	$19.2
👩‍⚕️ Doctor's visit	$66.5	$92.8
💇 Haircut, simple	$16.7	$47.2
👖 Brand Jeans	$64.6	$146
👟 Brand Sneakers	$102	$178
👶 Daycare or Preschool, 1 month	$899	$472
🏫 International Primary School, 1 year	$17263	$30029

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	$1839
19 km or 12 mi	Kanata	$2189
87 km or 54 mi	Cornwall	$1674
94 km or 58 mi	Brockville	$1848
124 km or 77 mi	Salaberry-de-Valleyfield	$1942
128 km or 80 mi	Mirabel	$1864
130 km or 81 mi	Vaudreuil-Dorion	$1906
138 km or 86 mi	Saint-Jerome	$1832
141 km or 87 mi	Saint-Eustache	$1926
143 km or 89 mi	Kirkland	$1914
144 km or 89 mi	Blainville	$1903
146 km or 90 mi	Sainte-Therese	$1928
147 km or 91 mi	Pointe-Claire	$1915
147 km or 91 mi	Boisbriand	$1913
147 km or 91 mi	Dollard-des-Ormeaux	$1918
147 km or 91 mi	Kingston	$1451
150 km or 93 mi	Le Ray	$1929
152 km or 94 mi	Dorval	$1917
152 km or 94 mi	Chateauguay	$1905
153 km or 95 mi	Laval	$2058
157 km or 98 mi	Saint-Lin-Laurentides	$1772
158 km or 98 mi	Cote-Saint-Luc	$1870
160 km or 100 mi	Mount Royal	$1852
162 km or 101 mi	Watertown	$1816
163 km or 102 mi	Terrebonne	$1863
163 km or 102 mi	Westmount	$1828
166 km or 103 mi	Saint-Constant	$1905
167 km or 104 mi	Montreal	$1901
167 km or 104 mi	Mascouche	$1828
170 km or 106 mi	Saint-Lambert	$1856
170 km or 106 mi	Candiac	$1921
170 km or 106 mi	Longueuil	$1874
171 km or 106 mi	La Prairie	$1937
175 km or 109 mi	Brossard	$2051
176 km or 109 mi	Boucherville	$1861
177 km or 110 mi	Repentigny	$1817
178 km or 111 mi	Varennes	$1829
183 km or 114 mi	L'Assomption	$1702
183 km or 114 mi	Saint-Bruno-de-Montarville	$1892
185 km or 115 mi	Sainte-Julie	$1875

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3092
9.8 km or 6.1 mi	Hafnarfjorur	$3106
38 km or 24 mi	Keflavik	$2581
247 km or 153 mi	Akureyri	$2921
795 km or 494 mi	Torshavn	$2017
1204 km or 748 mi	Inverness	$2005
1230 km or 764 mi	Elgin	$1523
1300 km or 808 mi	Derry	$1646
1309 km or 813 mi	Greenock	$1647
1321 km or 821 mi	Aberdeen	$1806
1325 km or 823 mi	Perth	$1640
1328 km or 825 mi	Stirling	$1835
1331 km or 827 mi	Paisley	$1885
1333 km or 828 mi	Alloa	$1842
1337 km or 831 mi	Glasgow	$2114
1339 km or 832 mi	Dundee	$1593
1340 km or 833 mi	Omagh	$1763
1341 km or 833 mi	Cumbernauld	$1611
1342 km or 834 mi	Irvine	$1704
1348 km or 838 mi	East Kilbride	$1878
1349 km or 838 mi	Kilmarnock	$1600
1351 km or 839 mi	Dunfermline	$1750
1353 km or 841 mi	Hamilton	$1831
1357 km or 843 mi	Ayr	$1586
1360 km or 845 mi	Kirkcaldy	$1794
1365 km or 848 mi	Livingston	$1760
1372 km or 852 mi	Edinburgh	$2295
1382 km or 859 mi	Newtownabbey	$1820
1387 km or 862 mi	Belfast	$1878
1390 km or 864 mi	Bangor	$1485
1391 km or 864 mi	Lisburn	$1923
1401 km or 871 mi	Alesund	$2021
1413 km or 878 mi	Galway	$3003
1425 km or 886 mi	Dundalk	$2264
1431 km or 889 mi	Dumfries	$1456
1433 km or 891 mi	Nuuk	$2508
1441 km or 895 mi	Molde	$2101
1454 km or 903 mi	Kristiansund	$1944
1455 km or 904 mi	Drogheda	$2518
1455 km or 904 mi	Bergen	$2336