Last update: Oct 2026

Cost of Living Comparison Between Dartmouth and Reykjavik

For one person, living is cheaper in Dartmouth: $1,993 a month against $4,002 in Reykjavik, rent and utilities included – about $24,100 less a year. Rent and utilities account for about half of the difference.

96

Cost of Living Index in Dartmouth
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Dartmouth Living Index
193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index

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Dartmouth

🇨🇦 Canada

$1,993

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Monthly Cost of Living

How much you'll spend in Dartmouth and in Reykjavik

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Dartmouth and in Reykjavik actually costs, broken down by who's living it.

A single person spends $1,993 per month in Dartmouth vs $4,002 in Reykjavik, rent included.

Dartmouth $1,993
Reykjavik $4,002

A couple spends around $2,990 per month in Dartmouth vs $5,705 in Reykjavik, rent included.

Dartmouth $2,990
Reykjavik $5,705

A family of three spends $3,987 per month in Dartmouth vs $7,407 in Reykjavik, rent included.

Dartmouth $3,987
Reykjavik $7,407

Dartmouth is about 50% cheaper than Reykjavik, and outside of rent the biggest gap is in eating out.

Both Dartmouth and Reykjavik sit above the global median – Dartmouth by 48%, Reykjavik by 196%.

Meal at Budget Restaurant

$10.55 CA$15.00

$31.56 ISK 3,834

-66.57%

Three-Course Dinner for Two, Mid-Range

$58.5 CA$83.2

$122 ISK 14.9K

-52.20%

Fast Food Meal (McDonalds, etc)

$6.96 CA$9.89

$26.86 ISK 3,263

-74.09%

Cappuccino

$3.56 CA$5.07

$6.81 ISK 828

-47.72%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.00 CA$2.84

$3.39 ISK 411

-41.00%

Water (0.33 liter bottle)

$1.88 CA$2.68

$3.20 ISK 389

-41.25%

Local Beer (0.5 liter draught)

$4.45 CA$6.33

$14.14 ISK 1,717

-68.53%

Imported Beer (0.33 liter bottle)

$5.70 CA$8.10

$12.31 ISK 1,495

-53.70%

Milk (1 liter)

$2.38 CA$3.38

$2.10 ISK 255

13.33%

White Bread (500g)

$2.04 CA$2.91

$4.19 ISK 509

-51.31%

Rice (white) (1kg)

$3.31 CA$4.71

$3.72 ISK 452

-11.02%

Eggs

$3.49 CA$4.96

$7.05 ISK 857

-50.50%

Local Cheese (1kg)

$7.64 CA$10.86

$21.56 ISK 2,619

-64.56%

Chicken Fillets (1kg)

$9.18 CA$13.05

$24.68 ISK 2,998

-62.80%

Beef Round Steak (1kg)

$10.37 CA$14.74

$42.19 ISK 5,125

-75.42%

Apples (1kg)

$3.38 CA$4.80

$3.23 ISK 393

4.64%

Banana (1kg)

$1.52 CA$2.16

$2.73 ISK 332

-44.32%

Oranges (1kg)

$4.47 CA$6.36

$3.17 ISK 385

41.01%

Tomato (1kg)

$5.75 CA$8.17

$6.61 ISK 804

-13.01%

Potato (1kg)

$2.03 CA$2.88

$3.85 ISK 467

-47.27%

Onion (1kg)

$2.11 CA$3.00

$1.66 ISK 201

27.11%

Lettuce (1 head)

$2.48 CA$3.53

$3.80 ISK 462

-34.74%

Water (1.5 liter bottle)

$2.13 CA$3.02

$1.75 ISK 212

21.71%

Cigarettes 20 Pack (Marlboro, Camel)

$13.95 CA$19.83

$13.71 ISK 1,665

1.75%

Wine (Bottle)

$14.17 CA$20.15

$24.21 ISK 2,942

-41.47%

Local Beer (0.5 liter bottle)

$3.35 CA$4.77

$3.53 ISK 429

-5.10%

Imported Beer (0.33 liter bottle)

$3.87 CA$5.50

$3.32 ISK 403

16.57%

One-way Ticket (Public Transport)

$1.97 CA$2.80

$5.75 ISK 698

-65.74%

Public Transport Monthly Pass (Regular Price)

$59.6 CA$84.7

$93.8 ISK 11.4K

-36.51%

Taxi Start (Normal Tariff)

$2.76 CA$3.92

$6.61 ISK 804

-58.25%

Taxi (Normal Tariff) (1km)

$1.32 CA$1.87

$2.90 ISK 352

-54.48%

Taxi 1hour Waiting (Normal Tariff)

$21.34 CA$30.34

$79.2 ISK 9,617

-73.04%

Gasoline (1 liter)

$1.12 CA$1.59

$2.09 ISK 254

-46.41%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.0K CA$39.8K

$51.0K ISK 6.2M

-45.17%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$18.9K CA$26.8K

$53.3K ISK 6.5M

-64.59%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$77.5 CA$110

$95.3 ISK 11.6K

-18.70%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$41.92 CA$59.6

$32.35 ISK 3,929

29.58%

Internet (50+ Mbps, Unlimited Data)

$63.3 CA$90.0

$87.5 ISK 10.6K

-27.69%

Gym Membership (Monthly)

$35.19 CA$50.0

$102 ISK 12.4K

-65.45%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,083

Cinema Ticket

$12.41 CA$17.64

$19.88 ISK 2,415

-37.58%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$373 CA$530

$1,194 ISK 145.0K

-68.76%

International Primary School, 1 Child (Yearly)

$13.2K CA$18.8K

$25.4K ISK 3.1M

-48.03%

Jeans (Levis 501 Or Similar)

$39.41 CA$56.0

$149 ISK 18.1K

-73.56%

Summer Dress (H&M, Zara, etc)

$33.13 CA$47.11

$66.6 ISK 8,093

-50.27%

Sport Shoes (Adidas, Nike)

$66.7 CA$94.8

$180 ISK 21.9K

-62.93%

Men's Leather Business Shoes

$74.6 CA$106

$253 ISK 30.8K

-70.55%

1-bedroom Apartment, City Center (Monthly)

$1,215 CA$1,727

$2,549 ISK 309.7K

-52.35%

1-bedroom Apartment, Outside City Center (Monthly)

$1,037 CA$1,475

$2,056 ISK 249.8K

-49.55%

3-bedroom Apartment, City Center (Monthly)

$1,956 CA$2,781

$3,498 ISK 424.9K

-44.08%

3-bedroom Apartment, Outside City Center (Monthly)

$1,818 CA$2,585

$2,764 ISK 335.7K

-34.22%

Buy Apartment in City Center (m2)

$8,120 ISK 986.4K

Buy Apartment Outside City Center (m2)

$6,254 ISK 759.7K

Average Monthly Net Salary (After Tax)

$2,539 CA$3,610

$4,573 ISK 555.5K

-44.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.6

8.81

-47.79%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Dartmouth: October 13, 2026

Last update for Reykjavik: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Dartmouth

$1K 52.1%

Reykjavik

$2.1K 51.4% 98.2% $1K

Groceries & Markets

Dartmouth

$343 17.2%

Reykjavik

$623 15.6% 81.7% $280

Eating Out

Dartmouth

$197 9.9%

Reykjavik

$536 13.4% 172% $339

Monthly Utilities & Internet

Dartmouth

$183 9.2%

Reykjavik

$215 5.4% 17.8% $32

Clothing & Footwear

Dartmouth

$96 4.8%

Reykjavik

$292 7.3% 203% $196

Getting Around

Dartmouth

$77 3.9%

Reykjavik

$138 3.5% 79.7% $61

Sport & Entertainment

Dartmouth

$60 3%

Reykjavik

$142 3.5% 136% $82

Cost Breakdown

A central one-bedroom costs $1,215 in Dartmouth versus $2,549 in Reykjavik. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 80% higher in Reykjavik, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $58.0 in Dartmouth versus $122 in Reykjavik. Monthly groceries follow the same trend: $343 vs $623 – making Dartmouth the more affordable choice for daily food spending.

Good to know

🇨🇦 Dartmouth

🇮🇸 Reykjavik

🕒 Local time

16:15 4:15 PM

19:15 7:15 PM

3 h ahead of Dartmouth

🌤 Weather

👥 Population

70,000

136,894 Capital

💱 Currency

Canadian Dollar CAD $

Icelandic Króna ISK kr

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.628 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.35 EUR

Exchange rates and currency converter

ISK, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 14, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

Icelandic Króna exchange rates as of October 14, 2026: 1 USD = 121 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Dartmouth Reykjavik 3,350 km ≈ 4 h 45 min nonstop flight

From you

Dartmouth
Reykjavik

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Dartmouth vs Reykjavik: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,993 in Dartmouth, $4,002 in Reykjavik – roughly 101% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,989 per month in Dartmouth and $6,003 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Dartmouth, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,993 in Dartmouth and $4,002 in Reykjavik. That's a gap of about 101%.

Public transport costs about 58% less in Dartmouth. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Dartmouth, where all-in costs run around $1,993, than in Reykjavik at $4,002. In Dartmouth it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

It depends on your priorities. Reykjavik has an edge in some lifestyle areas, with costs from $1,993 in Dartmouth to $4,002 in Reykjavik. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Dartmouth. If higher salaries, better infrastructure, or specific career opportunities are the priority, Reykjavik makes more sense. Both are solid long-term options with distinct trade-offs.