Ottawa vs Reykjavik - Cost of Living Comparison

Updated: March 01, 2024

	Ottawa	Reykjavik
🚶 Cost of living one person	$2170	$2723
👨‍👩‍👧‍👦 Cost of living Family	$4837	$5671
🏠 One person rent	$1276	$1643
🏘️ Family rent	$1943	$2600
🍽️ Food expenses	$586	$800
🚐 Transport expenses	$181	$86.1
💳 Monthly salary after tax	$2926	$3682
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	5 km	4 km
🎓 Higher education	50	53
😀 Quality of life	90	89
🏙️ Population	1.02M	140K

The cost of living in Ottawa is 20% less expensive than in Reykjavik. Cities ranked 1355th and 344th ($2170 vs $2723) in the list of the most expensive cities in the world and ranked 25th and 1st in Canada and Iceland, respectively. Check Canada vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.3 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 117th 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 Ottawa vs Reykjavik infographic

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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	$18.7	$21.6
🥂 Dinner in a Restaurant, for 2	$79.9	$125
🥪 Fast food meal, equiv. McDonald's	$10.3	$16.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.99	$10.9
☕ Cappuccino	$4.2	$5.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.64	$2.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1239	$1659
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1064	$1492
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2077	$2694
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1607	$2395
🔌 Utility Bill one person, electricity, heating, water, etc.	$119	$52.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$184	$80.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$57.8	$64.8
🏦 Mortgage Interest Rate for 20 Years	7.14%	8.07%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8889	$6252
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6051	$4951
Transportation
🚌 Local transport ticket	$2.78	$4.13
🎟️ Monthly ticket local transport	$95.3	$66.6
🚕 Taxi Ride, 8 km or 5 mi	$19	$26.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.12	$2.28
Groceries
🥛 Milk, 1 L or 1 qt	$2.29	$1.65
🍞 Bread, 0.5 kg or 1.1 lb	$2.49	$3.71
🍚 Rice, 1 kg or 2.2 lb	$3.27	$3.27
🥚 Eggs, x12	$3.46	$6.03
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$12	$19.8
🥩 Round Steak, 1 kg or 2.2 lb	$13.9	$31
🍏 Apples, 1 kg or 2.2 lb	$3.87	$3.2
🍌 Banana, 1 kg or 2.2 lb	$1.33	$2.12
🍊 Oranges, 1 kg or 2.2 lb	$2.93	$2.81
🍅 Tomato, 1 kg or 2.2 lb	$3.75	$4.84
🥔 Potato, 1 kg or 2.2 lb	$2.37	$3.07
🧅 Onion, 1 kg or 2.2 lb	$2.41	$2.14
🌊 Water, 1 L or 1 qt	$1.09	$1.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.01	$2.53
🍾 Wine (mid-priced), 750 mL bottle	$14	$20
🍺 Beer, 0.5 L or 16 fl oz	$2.55	$3.08
🚬 Cigarette pack	$12.8	$11.8
💊 Cold medicince, 1 week	$10.4	$11.6
🧴 Hair Shampoo	$4.28	$5.21
🧻 Toilet paper, 4 rolls	$2.06	$4.67
👄 Toothpaste, 1 tube	$1.67	$3.24
Other
🏋️ Gym Membership, 1 month	$48.9	$63.3
🎫 Cinema Ticket, 1 person	$11.1	$14.5
👩‍⚕️ Doctor's visit	$60.9	$83
💇 Haircut, simple	$15.1	$37.2
👖 Brand Jeans	$62.1	$105
👟 Brand Sneakers	$105	$142
👶 Daycare or Preschool, 1 month	$1090	$239
🏫 International Primary School, 1 year	$21213	$6072

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	$1530
19 km or 12 mi	Kanata	$2220
87 km or 54 mi	Cornwall	$1539
94 km or 58 mi	Brockville	$1878
124 km or 77 mi	Salaberry-de-Valleyfield	$2014
128 km or 80 mi	Mirabel	$1797
130 km or 81 mi	Vaudreuil-Dorion	$1894
138 km or 86 mi	Saint-Jerome	$1757
141 km or 87 mi	Saint-Eustache	$1827
143 km or 89 mi	Kirkland	$1845
144 km or 89 mi	Blainville	$1808
146 km or 90 mi	Sainte-Therese	$1808
147 km or 91 mi	Pointe-Claire	$1846
147 km or 91 mi	Boisbriand	$1813
147 km or 91 mi	Dollard-des-Ormeaux	$1835
147 km or 91 mi	Kingston	$1412
150 km or 93 mi	Le Ray	$1856
152 km or 94 mi	Dorval	$1846
152 km or 94 mi	Chateauguay	$1841
153 km or 95 mi	Laval	$1874
157 km or 98 mi	Saint-Lin-Laurentides	$1705
158 km or 98 mi	Cote-Saint-Luc	$1840
160 km or 100 mi	Mount Royal	$1821
162 km or 101 mi	Watertown	$1746
163 km or 102 mi	Terrebonne	$1820
163 km or 102 mi	Westmount	$1808
166 km or 103 mi	Saint-Constant	$1888
167 km or 104 mi	Montreal	$1821
167 km or 104 mi	Mascouche	$1772
170 km or 106 mi	Saint-Lambert	$1869
170 km or 106 mi	Candiac	$1912
170 km or 106 mi	Longueuil	$1962
171 km or 106 mi	La Prairie	$1949
175 km or 109 mi	Brossard	$2105
176 km or 109 mi	Boucherville	$1882
177 km or 110 mi	Repentigny	$1783
178 km or 111 mi	Varennes	$1835
183 km or 114 mi	L'Assomption	$1659
183 km or 114 mi	Saint-Bruno-de-Montarville	$1924
185 km or 115 mi	Sainte-Julie	$1874

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