Reykjavik vs Victoria

Cost of living comparison for 2026. Victoria is roughly 12% more affordable than Reykjavik (index 78 vs 89, New York = 100). Data sourced live via AI — updated regularly.

Victoria
More affordable overall
12% cheaper than Reykjavik · Cost index: 78 vs 89

Head-to-Head Stats

89Cost Index78
4,652Median Income /mo3,850
76Safety Index75
31.49Income Tax %22
95Internet (Mbps)95
250Coworking /mo245

Price Breakdown

ReykjavikCategoryVictoria
$2,222/month
1-BR Apartment (Center)
3% ← cheaper
$2,150/month
$1.77/liter
Meal for One
4% cheaper →
$1.85/liter
$28.14/meal
Restaurant (Mid-range)
43% ← cheaper
$16/meal
$78.9/month
Monthly Transit Pass
9% cheaper →
$87/month
$182.55/month
Utilities (Monthly)
6% cheaper →
$195/month
$86.59/visit
Doctor Visit
21% cheaper →
$110/visit

Digital Nomad Profile

Reykjavik

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

Victoria

Internet95 Mbps
Coworking$245/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability72/100

Frequently Asked Questions

Is Reykjavik cheaper than Victoria?

Victoria is cheaper than Reykjavik. Victoria has a cost of living index of 78/100 compared to 89/100 for Reykjavik, making it roughly 12% more affordable overall.

How much cheaper is Victoria than Reykjavik?

Victoria is approximately 12% cheaper than Reykjavik based on cost index scores (78 vs 89, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,629/month in Victoria.

What is the rent comparison between Reykjavik and Victoria?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Victoria, the equivalent is around $2,150/month.

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

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Victoria offers 95 Mbps and coworking at ~$245/month. Victoria has a cost advantage of 12%.

What is the average income in Reykjavik vs Victoria?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $3,850 USD in Victoria.

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