Reykjavik vs Vancouver

Cost of living comparison for 2026. Vancouver is roughly 18% more affordable than Reykjavik (index 73 vs 89, New York = 100). Data sourced live via AI — updated regularly.

Vancouver
More affordable overall
18% cheaper than Reykjavik · Cost index: 73 vs 89

Head-to-Head Stats

89Cost Index73
4,652Median Income /mo6,018
76Safety Index72
31.49Income Tax %23
95Internet (Mbps)95
250Coworking /mo350

Price Breakdown

ReykjavikCategoryVancouver
$2,222/month
1-BR Apartment (Center)
20% ← cheaper
$1,768/month
$1.77/liter
Meal for One
24% ← cheaper
$1.35/liter
$28.14/meal
Restaurant (Mid-range)
41% ← cheaper
$16.5/meal
$78.9/month
Monthly Transit Pass
40% cheaper →
$132/month
$182.55/month
Utilities (Monthly)
34% ← cheaper
$120/month
$86.59/visit
Doctor Visit
100% ← cheaper
$0/visit

Digital Nomad Profile

Reykjavik

Internet95 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability78/100

Vancouver

Internet95 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability78/100

Frequently Asked Questions

Is Reykjavik cheaper than Vancouver?

Vancouver is cheaper than Reykjavik. Vancouver has a cost of living index of 73/100 compared to 89/100 for Reykjavik, making it roughly 18% more affordable overall.

How much cheaper is Vancouver than Reykjavik?

Vancouver is approximately 18% cheaper than Reykjavik based on cost index scores (73 vs 89, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,461/month in Vancouver.

What is the rent comparison between Reykjavik and Vancouver?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Vancouver, the equivalent is around $1,768/month.

Which city is better for digital nomads — Reykjavik or Vancouver?

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Vancouver offers 95 Mbps and coworking at ~$350/month. Vancouver has a cost advantage of 18%.

What is the average income in Reykjavik vs Vancouver?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $6,018 USD in Vancouver.

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