Reykjavik vs Winnipeg - Cost of Living Comparison

Updated: October 14, 2025

	Reykjavik	Winnipeg
🚶 Cost of living one person	$3268	$1817
👨‍👩‍👧‍👦 Cost of living Family	$6787	$4213
🏠 One person rent	$2025	$1012
🏘️ Family rent	$3029	$1688
🍽️ Food expenses	$894	$546
🚐 Transport expenses	$101	$133
💳 Monthly salary after tax	$4361	$2544
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	4 km	7 km
🎓 Higher education	52	45
😀 Quality of life	91	89
🏙️ Population	140K	750K

The cost of living in Reykjavik is 80% more expensive than in Winnipeg. Cities ranked 88th and 2674th ($3268 vs $1817) in the list of the most expensive cities in the world and ranked 1st and 79th in Iceland and Canada, respectively. Check Iceland vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 1.4 months in Winnipeg. Reykjavik ranked 1st best city to live in Iceland vs Winnipeg ranked 20th in Canada, while ranked 191st and 251st among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Reykjavik vs Winnipeg infographic

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

Prices in Reykjavik vs Winnipeg

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

	Reykjavik	Winnipeg
Eating Out
🍱 Lunch Menu	$27.9	$15.5
🥂 Dinner in a Restaurant, for 2	$79.5	$65.7
🥪 Fast food meal, equiv. McDonald's	$20.5	$10.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$13	$5.21
☕ Cappuccino	$6.12	$3.89
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.33	$2.24
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2075	$838
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1851	$868
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3279	$1468
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2774	$1496
🔌 Utility Bill one person, electricity, heating, water, etc.	$45.2	$88
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$70.4	$136
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$84	$61.3
🏦 Mortgage Interest Rate for 20 Years	9.56%	5.4%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8015	$2975
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6578	$2686
Transportation
🚌 Local transport ticket	$5.36	$2.32
🎟️ Monthly ticket local transport	$88.4	$82.7
🚕 Taxi Ride, 8 km or 5 mi	$28.3	$14.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.55	$1
Groceries
🥛 Milk, 1 L or 1 qt	$2.04	$1.7
🍞 Bread, 0.5 kg or 1.1 lb	$4.43	$2.28
🍚 Rice, 1 kg or 2.2 lb	$3.55	$3.43
🥚 Eggs, x12	$6.58	$3.17
🧀 Cheese, 1 kg or 2.2 lb	$19.1	$10.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$25	$10.9
🥩 Round Steak, 1 kg or 2.2 lb	$41.5	$16.7
🍏 Apples, 1 kg or 2.2 lb	$3.59	$3.79
🍌 Banana, 1 kg or 2.2 lb	$2.58	$1.32
🍊 Oranges, 1 kg or 2.2 lb	$3.35	$3.72
🍅 Tomato, 1 kg or 2.2 lb	$5.57	$3.47
🥔 Potato, 1 kg or 2.2 lb	$3.7	$2.64
🧅 Onion, 1 kg or 2.2 lb	$2.56	$2.27
🌊 Water, 1 L or 1 qt	$1.27	$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.04	$2.18
🍾 Wine (mid-priced), 750 mL bottle	$25.5	$12.8
🍺 Beer, 0.5 L or 16 fl oz	$3.79	$3.09
🚬 Cigarette pack	$13.6	$15.8
💊 Cold medicince, 1 week	$12.9	$9.27
🧴 Hair Shampoo	$5.86	$4.08
🧻 Toilet paper, 4 rolls	$5.2	$2.38
👄 Toothpaste, 1 tube	$3.63	$2.07
Other
🏋️ Gym Membership, 1 month	$88.2	$38.4
🎫 Cinema Ticket, 1 person	$18	$12.5
👩‍⚕️ Doctor's visit	$92.8	$76
💇 Haircut, simple	$46	$17.6
👖 Brand Jeans	$144	$47.3
👟 Brand Sneakers	$194	$78.4
👶 Daycare or Preschool, 1 month	$352	$956
🏫 International Primary School, 1 year	$30378	$11646

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

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

Cities near Winnipeg

Distance	City	Cost of living
201 km or 125 mi	Brandon	$1320
218 km or 135 mi	Grand Forks	$1884
335 km or 208 mi	Fargo	$1663
335 km or 208 mi	West Fargo	$1786
336 km or 209 mi	Moorhead	$2130
353 km or 219 mi	Minot	$1687
434 km or 270 mi	Bismarck	$1974
438 km or 272 mi	Mandan	$2033
501 km or 312 mi	Aberdeen	$1637
508 km or 316 mi	Duluth	$1929
510 km or 317 mi	Williston	$1714
513 km or 319 mi	Superior	$2357
530 km or 330 mi	St. Cloud	$1456
535 km or 332 mi	Regina	$1675
554 km or 344 mi	Watertown	$2265
574 km or 357 mi	Elk River	$2422
584 km or 363 mi	Ramsey	$2678
592 km or 368 mi	Andover	$2386
593 km or 368 mi	Champlin	$2478
598 km or 372 mi	Thunder Bay	$1693
601 km or 374 mi	Moose Jaw	$1486
602 km or 374 mi	Blaine	$2528
603 km or 374 mi	Maple Grove	$2329
604 km or 375 mi	Coon Rapids	$2283
604 km or 375 mi	Brooklyn Park	$2335
607 km or 377 mi	Lino Lakes	$2320
608 km or 378 mi	Brooklyn Center	$2328
608 km or 378 mi	Fridley	$2330
609 km or 378 mi	Plymouth	$2307
609 km or 378 mi	New Hope	$2305
610 km or 379 mi	Crystal	$2306
612 km or 380 mi	New Brighton	$2302
612 km or 381 mi	Golden Valley	$2285
613 km or 381 mi	Shoreview	$2289
617 km or 383 mi	Minnetonka	$2317
617 km or 384 mi	White Bear Lake	$2252
618 km or 384 mi	St. Louis Park	$2277
618 km or 384 mi	Minneapolis	$2380
620 km or 385 mi	Roseville	$2221
621 km or 386 mi	Brookings	$2714