Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Campbellton, NB

For one person, living is cheaper in Campbellton, NB: $2,370 a month against $4,002 in Reykjavik, rent and utilities included – about $19,600 less a year. Rent and utilities account for about half of the difference.

Reykjavik
🇮🇸 Iceland
$4,002
/mo nomad
Campbellton, NB
🇨🇦 Canada
$2,370
/mo nomad
Monthly Cost of Living

How much you'll spend in Reykjavik and in Campbellton, NB

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

A single person spends $4,002 per month in Reykjavik vs $2,370 in Campbellton, NB, rent included.

  • Reykjavik $4,002
  • Campbellton, NB $2,370

A couple spends around $5,705 per month in Reykjavik vs $3,339 in Campbellton, NB, rent included.

  • Reykjavik $5,705
  • Campbellton, NB $3,339

A family of three spends $7,407 per month in Reykjavik vs $4,309 in Campbellton, NB, rent included.

  • Reykjavik $7,407
  • Campbellton, NB $4,309

Reykjavik costs about 69% more than Campbellton, NB, and outside of rent the biggest gap is in groceries.

Both Reykjavik and Campbellton, NB sit above the global median – Reykjavik by 196%, Campbellton, NB by 76%.

Currency
🍽 Eating Out
Reykjavik
Campbellton, NB
Difference
Meal at Budget Restaurant
$31.56 ISK 3,834
$17.68 CA$25.14
78.51%
Three-Course Dinner for Two, Mid-Range
$122 ISK 14.9K
$61.5 CA$87.4
99.10%
Fast Food Meal (McDonalds, etc)
$26.86 ISK 3,263
$11.77 CA$16.74
128.21%
Cappuccino
$6.81 ISK 828
$3.97 CA$5.64
71.54%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.39 ISK 411
$2.25 CA$3.20
50.67%
Water (0.33 liter bottle)
$3.20 ISK 389
$1.69 CA$2.40
89.35%
Local Beer (0.5 liter draught)
$14.14 ISK 1,717
$5.95 CA$8.47
137.65%
Imported Beer (0.33 liter bottle)
$12.31 ISK 1,495
$5.82 CA$8.28
111.51%
🛒 Groceries & Markets
Reykjavik
Campbellton, NB
Difference
Milk (1 liter)
$2.10 ISK 255
$2.05 CA$2.91
2.44%
White Bread (500g)
$4.19 ISK 509
$2.43 CA$3.45
72.43%
Rice (white) (1kg)
$3.72 ISK 452
$3.13 CA$4.46
18.85%
Eggs
$7.05 ISK 857
$2.92 CA$4.15
141.44%
Local Cheese (1kg)
$21.56 ISK 2,619
$10.48 CA$14.90
105.73%
Chicken Fillets (1kg)
$24.68 ISK 2,998
$10.11 CA$14.38
144.11%
Beef Round Steak (1kg)
$42.19 ISK 5,125
$13.81 CA$19.63
205.50%
Apples (1kg)
$3.23 ISK 393
$3.55 CA$5.04
-9.01%
Banana (1kg)
$2.73 ISK 332
$1.31 CA$1.86
108.40%
Oranges (1kg)
$3.17 ISK 385
$3.47 CA$4.93
-8.65%
Tomato (1kg)
$6.61 ISK 804
$3.58 CA$5.09
84.64%
Potato (1kg)
$3.85 ISK 467
$2.44 CA$3.47
57.79%
Onion (1kg)
$1.66 ISK 201
$2.11 CA$3.00
-21.33%
Lettuce (1 head)
$3.80 ISK 462
$2.58 CA$3.67
47.29%
Water (1.5 liter bottle)
$1.75 ISK 212
$1.61 CA$2.29
8.70%
Cigarettes 20 Pack (Marlboro, Camel)
$13.71 ISK 1,665
$12.84 CA$18.26
6.78%
Wine (Bottle)
$24.21 ISK 2,942
$13.97 CA$19.86
73.30%
Local Beer (0.5 liter bottle)
$3.53 ISK 429
$2.98 CA$4.23
18.46%
Imported Beer (0.33 liter bottle)
$3.32 ISK 403
$2.97 CA$4.22
11.78%
🚌 Getting Around
Reykjavik
Campbellton, NB
Difference
One-way Ticket (Public Transport)
$5.75 ISK 698
$2.02 CA$2.87
184.65%
Public Transport Monthly Pass (Regular Price)
$93.8 ISK 11.4K
$65.3 CA$92.9
43.64%
Taxi Start (Normal Tariff)
$6.61 ISK 804
$3.15 CA$4.48
109.84%
Taxi (Normal Tariff) (1km)
$2.90 ISK 352
$1.33 CA$1.89
118.05%
Taxi 1hour Waiting (Normal Tariff)
$79.2 ISK 9,617
$25.44 CA$36.17
211.16%
Gasoline (1 liter)
$2.09 ISK 254
$1.13 CA$1.61
84.96%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$51.0K ISK 6.2M
$24.3K CA$34.5K
110.26%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.3K ISK 6.5M
$18.4K CA$26.1K
190.07%
🧾 Monthly Utilities & Internet
Reykjavik
Campbellton, NB
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$95.3 ISK 11.6K
$152 CA$216
-37.39%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.35 ISK 3,929
$43.46 CA$61.8
-25.56%
Internet (50+ Mbps, Unlimited Data)
$87.5 ISK 10.6K
$45.58 CA$64.8
92.06%
🎉 Sport & Entertainment
Reykjavik
Campbellton, NB
Difference
Gym Membership (Monthly)
$102 ISK 12.4K
$34.38 CA$48.88
196.28%
Tennis Court (1 Hour on Weekend)
$50.1 ISK 6,083
$15.92 CA$22.64
214.57%
Cinema Ticket
$19.88 ISK 2,415
$11.24 CA$15.98
76.87%
🧸 Childcare & Education
Reykjavik
Campbellton, NB
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,194 ISK 145.0K
$786 CA$1,117
51.97%
International Primary School, 1 Child (Yearly)
$25.4K ISK 3.1M
$12.8K CA$18.2K
98.91%
👕👟 Clothing & Footwear
Reykjavik
Campbellton, NB
Difference
Jeans (Levis 501 Or Similar)
$149 ISK 18.1K
$56.2 CA$79.9
165.32%
Summer Dress (H&M, Zara, etc)
$66.6 ISK 8,093
$40.42 CA$57.5
64.82%
Sport Shoes (Adidas, Nike)
$180 ISK 21.9K
$85.2 CA$121
111.10%
Men's Leather Business Shoes
$253 ISK 30.8K
$108 CA$153
135.03%
🏠 Accommodation & Living
Reykjavik
Campbellton, NB
Difference
1-bedroom Apartment, City Center (Monthly)
$2,549 ISK 309.7K
$1,378 CA$1,960
84.92%
1-bedroom Apartment, Outside City Center (Monthly)
$2,056 ISK 249.8K
$1,237 CA$1,759
66.23%
3-bedroom Apartment, City Center (Monthly)
$3,498 ISK 424.9K
$2,116 CA$3,009
65.25%
3-bedroom Apartment, Outside City Center (Monthly)
$2,764 ISK 335.7K
$1,792 CA$2,548
54.24%
Buy Apartment in City Center (m2)
$8,120 ISK 986.4K
$3,831 CA$5,447
111.95%
Buy Apartment Outside City Center (m2)
$6,254 ISK 759.7K
$4,056 CA$5,767
54.17%
💵 Salaries & Financials
Reykjavik
Campbellton, NB
Difference
Average Monthly Net Salary (After Tax)
$4,573 ISK 555.5K
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
8.81
4.66
89.06%

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

Last update for Reykjavik: October 12, 2026

Last update for Campbellton, NB: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Reykjavik
$2.1K
Campbellton, NB
$1.2K 39.8% $819
Groceries & Markets
Reykjavik
$623
Campbellton, NB
$340 45.4% $283
Eating Out
Reykjavik
$536
Campbellton, NB
$282 47.5% $255
Clothing & Footwear
Reykjavik
$292
Campbellton, NB
$130 55.4% $162
Monthly Utilities & Internet
Reykjavik
$215
Campbellton, NB
$241 12.1% $26
Sport & Entertainment
Reykjavik
$142
Campbellton, NB
$57 59.9% $85
Getting Around
Reykjavik
$138
Campbellton, NB
$83 39.7% $55

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $1,378 in Campbellton, NB. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $122 in Reykjavik versus $61.0 in Campbellton, NB. Monthly groceries follow the same trend: $623 vs $340 – making Campbellton, NB the more affordable choice for daily food spending.

Good to know
🇮🇸 Reykjavik
🇨🇦 Campbellton, NB
🕒 Local time
23:38 11:38 PM
20:38 8:38 PM
3 h behind Reykjavik
🌤 Weather
👥 Population
136,894 Capital
6,900
💱 Currency
Exchange rates and currency converter

CAD, USD, EUR to ISK – Icelandic Króna Converter

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).

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).

On the map
Between locations
  • Reykjavik Campbellton, NB 3,210 km ≈ 4 h 30 min nonstop flight
From you
  • Reykjavik
  • Campbellton, NB

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
Reykjavik vs Campbellton, NB: Cost of Living - Frequently Asked Questions
How do living costs in Reykjavik and in Campbellton, NB compare overall?
Monthly costs with rent: $4,002 in Reykjavik, $2,370 in Campbellton, NB – roughly 69% apart. Outside of rent, the biggest gap is in groceries.
What salary covers living expenses in Reykjavik compared to Campbellton, NB?
For a comfortable life, plan on about $6,003 per month in Reykjavik and $3,554 in Campbellton, NB. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Reykjavik and Campbellton, NB?
Rent is clearly cheaper in Campbellton, NB, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper grocery shopping?
Groceries cost about 83% more in Reykjavik, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Which city has cheaper restaurants?
A mid-range dinner for two costs $122 in Reykjavik and $61.0 in Campbellton, NB. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city is more doable on $3,000 per month?
A $3,000 monthly budget goes further in Campbellton, NB, where all-in costs run around $2,370, than in Reykjavik at $4,002. In Campbellton, NB it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.
How does quality of life compare between Reykjavik and Campbellton, NB?
It depends on your priorities. Reykjavik has an edge in some lifestyle areas, with costs from $2,370 in Campbellton, NB to $4,002 in Reykjavik. Climate, culture, job market, and personal taste all factor in.
Is Reykjavik or Campbellton, NB safer for residents?
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.
How do I decide between Reykjavik and Campbellton, NB?
If budget matters most, go with Campbellton, NB. 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.

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