Reykjavik vs Winnipeg - Cost of Living Comparison

Updated: March 11, 2026

	Reykjavik	Winnipeg
🚶 Cost of living one person	$3322	$1834
👨‍👩‍👧‍👦 Cost of living Family	$6846	$4337
🏠 One person rent	$2058	$1020
🏘️ Family rent	$3020	$1737
🍽️ Food expenses	$916	$550
🚐 Transport expenses	$102	$135
💳 Monthly salary after tax	$4546	$2529
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	4 km	7 km
🎓 Higher education	52	46
😀 Quality of life	89	88
🏙️ Population	139K	750K

The cost of living in Reykjavik is 81% more expensive than in Winnipeg. Cities ranked 86th and 2723rd ($3322 vs $1834) in the list of the most expensive cities in the world and ranked 1st and 95th in Iceland and Canada, respectively. Check Iceland vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Reykjavik compared to 1.4 months in Winnipeg. Reykjavik ranked 1st best city to live in Iceland vs Winnipeg ranked 26th in Canada, while ranked 268th and 326th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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	$28.6	$14.7
🥂 Dinner in a Restaurant, for 2	$90.8	$65
🥪 Fast food meal, equiv. McDonald's	$20.3	$10.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$12.6	$5.83
☕ Cappuccino	$6.19	$4.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.25	$2.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2151	$924
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1861	$853
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3373	$1589
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2721	$1519
🔌 Utility Bill one person, electricity, heating, water, etc.	$51.6	$93.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$81.7	$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$87.2	$59.1
🏦 Mortgage Interest Rate for 20 Years	8.79%	5.08%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$7832	$2533
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6385	$2435
Transportation
🚌 Local transport ticket	$5.51	$2.4
🎟️ Monthly ticket local transport	$87.9	$83.9
🚕 Taxi Ride, 8 km or 5 mi	$29.5	$14.1
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.49	$1.03
Groceries
🥛 Milk, 1 L or 1 qt	$1.98	$1.79
🍞 Bread, 0.5 kg or 1.1 lb	$4.44	$2.32
🍚 Rice, 1 kg or 2.2 lb	$3.58	$3.51
🥚 Eggs, x12	$6.83	$3.33
🧀 Cheese, 1 kg or 2.2 lb	$19.7	$10
🐔 Chicken Breast, 1 kg or 2.2 lb	$26	$11
🥩 Round Steak, 1 kg or 2.2 lb	$44.9	$17.3
🍏 Apples, 1 kg or 2.2 lb	$3.55	$3.66
🍌 Banana, 1 kg or 2.2 lb	$2.67	$1.39
🍊 Oranges, 1 kg or 2.2 lb	$3.41	$3.7
🍅 Tomato, 1 kg or 2.2 lb	$5.8	$3.74
🥔 Potato, 1 kg or 2.2 lb	$3.52	$2.61
🧅 Onion, 1 kg or 2.2 lb	$2.2	$2.33
🌊 Water, 1 L or 1 qt	$1.27	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.01	$2.23
🍾 Wine (mid-priced), 750 mL bottle	$24.2	$12.8
🍺 Beer, 0.5 L or 16 fl oz	$3.95	$3.12
🚬 Cigarette pack	$14	$16
💊 Cold medicince, 1 week	$12.7	$9.3
🧴 Hair Shampoo	$5.93	$4.21
🧻 Toilet paper, 4 rolls	$5.26	$2.67
👄 Toothpaste, 1 tube	$3.63	$1.93
Other
🏋️ Gym Membership, 1 month	$95.3	$43.5
🎫 Cinema Ticket, 1 person	$18.6	$13.2
👩‍⚕️ Doctor's visit	$93.8	$78.4
💇 Haircut, simple	$46.1	$18.2
👖 Brand Jeans	$144	$46.6
👟 Brand Sneakers	$176	$74.8
👶 Daycare or Preschool, 1 month	$408	$1107
🏫 International Primary School, 1 year	$30361	$13280

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	$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

Cities near Winnipeg

Distance	City	Cost of living
201 km or 125 mi	Brandon	$1406
218 km or 135 mi	Grand Forks	$1842
335 km or 208 mi	Fargo	$1634
335 km or 208 mi	West Fargo	$1763
336 km or 209 mi	Moorhead	$2147
353 km or 219 mi	Minot	$1665
434 km or 270 mi	Bismarck	$1981
438 km or 272 mi	Mandan	$2031
501 km or 312 mi	Aberdeen	$1576
508 km or 316 mi	Duluth	$1945
510 km or 317 mi	Williston	$1747
513 km or 319 mi	Superior	$2354
530 km or 330 mi	St. Cloud	$1573
535 km or 332 mi	Regina	$1762
554 km or 344 mi	Watertown	$2098
574 km or 357 mi	Elk River	$2392
584 km or 363 mi	Ramsey	$2582
592 km or 368 mi	Andover	$2354
593 km or 368 mi	Champlin	$2410
598 km or 372 mi	Thunder Bay	$1709
601 km or 374 mi	Moose Jaw	$1506
602 km or 374 mi	Blaine	$2361
603 km or 374 mi	Maple Grove	$2303
604 km or 375 mi	Coon Rapids	$2175
604 km or 375 mi	Brooklyn Park	$2273
607 km or 377 mi	Lino Lakes	$2275
608 km or 378 mi	Brooklyn Center	$2277
608 km or 378 mi	Fridley	$2273
609 km or 378 mi	Plymouth	$2290
609 km or 378 mi	New Hope	$2284
610 km or 379 mi	Crystal	$2288
612 km or 380 mi	New Brighton	$2260
612 km or 381 mi	Golden Valley	$2289
613 km or 381 mi	Shoreview	$2257
617 km or 383 mi	Minnetonka	$2293
617 km or 384 mi	White Bear Lake	$2234
618 km or 384 mi	St. Louis Park	$2287
618 km or 384 mi	Minneapolis	$2384
620 km or 385 mi	Roseville	$2219
621 km or 386 mi	Brookings	$2429