Last update: Oct 2026

Cost of Living Comparison Between Reykjavik and Sackville, New Brunswick

For one person, living is cheaper in Sackville, New Brunswick: $2,115 a month against $4,002 in Reykjavik, rent and utilities included – about $22,600 less a year. Rent and utilities account for about half of the difference.

193

Cost of Living Index in Reykjavik
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Reykjavik Living Index
105

Cost of Living Index in Sackville, New Brunswick
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Sackville, New Brunswick Living Index

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Reykjavik

🇮🇸 Iceland

$4,002

/mo nomad

Sackville, New Brunswick

🇨🇦 Canada

$2,115

/mo nomad

Monthly Cost of Living

How much you'll spend in Reykjavik and in Sackville, New Brunswick

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 Sackville, New Brunswick actually costs, broken down by who's living it.

A single person spends $4,002 per month in Reykjavik vs $2,115 in Sackville, New Brunswick, rent included.

Reykjavik $4,002
Sackville, New Brunswick $2,115

A couple spends around $5,705 per month in Reykjavik vs $2,921 in Sackville, New Brunswick, rent included.

Reykjavik $5,705
Sackville, New Brunswick $2,921

A family of three spends $7,407 per month in Reykjavik vs $3,728 in Sackville, New Brunswick, rent included.

Reykjavik $7,407
Sackville, New Brunswick $3,728

Reykjavik costs about 89% more than Sackville, New Brunswick, and outside of rent the biggest gap is in eating out.

Both Reykjavik and Sackville, New Brunswick sit above the global median – Reykjavik by 196%, Sackville, New Brunswick by 57%.

Meal at Budget Restaurant

$31.56 ISK 3,828

$13.95 CA$19.72

126.24%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$27.66 CA$39.11

342.34%

Fast Food Meal (McDonalds, etc)

$26.86 ISK 3,258

$7.20 CA$10.17

273.06%

Cappuccino

$6.81 ISK 827

$2.13 CA$3.01

219.72%

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

$3.39 ISK 411

$1.78 CA$2.51

90.45%

Water (0.33 liter bottle)

$3.20 ISK 388

$0.89 CA$1.26

259.55%

Local Beer (0.5 liter draught)

$14.14 ISK 1,715

$2.78 CA$3.93

408.63%

Imported Beer (0.33 liter bottle)

$12.31 ISK 1,493

$3.07 CA$4.34

300.98%

Milk (1 liter)

$2.10 ISK 255

$1.69 CA$2.39

24.26%

White Bread (500g)

$4.19 ISK 508

$2.68 CA$3.80

56.34%

Rice (white) (1kg)

$3.72 ISK 451

$2.53 CA$3.58

47.04%

Eggs

$7.05 ISK 856

$3.81 CA$5.39

85.04%

Local Cheese (1kg)

$21.56 ISK 2,615

$10.90 CA$15.42

97.80%

Chicken Fillets (1kg)

$24.68 ISK 2,993

$9.62 CA$13.60

156.55%

Beef Round Steak (1kg)

$42.19 ISK 5,117

$9.99 CA$14.12

322.32%

Apples (1kg)

$3.23 ISK 392

$4.59 CA$6.48

-29.63%

Banana (1kg)

$2.73 ISK 331

$1.52 CA$2.15

79.61%

Oranges (1kg)

$3.17 ISK 384

$4.55 CA$6.44

-30.33%

Tomato (1kg)

$6.61 ISK 802

$5.12 CA$7.24

29.10%

Potato (1kg)

$3.85 ISK 467

$2.45 CA$3.46

57.14%

Onion (1kg)

$1.66 ISK 201

$1.48 CA$2.09

12.16%

Lettuce (1 head)

$3.80 ISK 461

$2.11 CA$2.98

80.09%

Water (1.5 liter bottle)

$1.75 ISK 212

$1.55 CA$2.19

12.90%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,662

$11.40 CA$16.12

20.26%

Wine (Bottle)

$24.21 ISK 2,937

$11.73 CA$16.58

106.39%

Local Beer (0.5 liter bottle)

$3.53 ISK 428

$3.06 CA$4.33

15.36%

Imported Beer (0.33 liter bottle)

$3.32 ISK 402

$4.43 CA$6.26

-25.06%

One-way Ticket (Public Transport)

$5.75 ISK 697

$2.08 CA$2.94

176.44%

Public Transport Monthly Pass (Regular Price)

$93.8 ISK 11.4K

$60.0 CA$84.8

56.38%

Taxi Start (Normal Tariff)

$6.61 ISK 802

$2.83 CA$4.01

133.57%

Taxi (Normal Tariff) (1km)

$2.90 ISK 352

$1.35 CA$1.91

114.81%

Taxi 1hour Waiting (Normal Tariff)

$79.2 ISK 9,602

$20.70 CA$29.27

282.42%

Gasoline (1 liter)

$2.09 ISK 253

$1.10 CA$1.55

90.00%

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

$51.0K ISK 6.2M

$27.5K CA$38.9K

85.36%

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

$53.3K ISK 6.5M

$18.6K CA$26.3K

186.09%

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

$95.3 ISK 11.6K

$125 CA$177

-23.74%

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

$32.35 ISK 3,923

$69.8 CA$98.6

-53.62%

Internet (50+ Mbps, Unlimited Data)

$87.5 ISK 10.6K

$69.6 CA$98.4

25.78%

Gym Membership (Monthly)

$102 ISK 12.4K

$45.89 CA$64.9

121.97%

Tennis Court (1 Hour on Weekend)

$50.1 ISK 6,074

$16.67 CA$23.56

200.42%

Cinema Ticket

$19.88 ISK 2,412

$10.29 CA$14.55

93.20%

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

$1,194 ISK 144.8K

$580 CA$820

105.77%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$1,671 CA$2,363

1420.43%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$48.55 CA$68.6

206.96%

Summer Dress (H&M, Zara, etc)

$66.6 ISK 8,080

$39.06 CA$55.2

70.56%

Sport Shoes (Adidas, Nike)

$180 ISK 21.8K

$76.2 CA$108

136.00%

Men's Leather Business Shoes

$253 ISK 30.7K

$79.8 CA$113

217.50%

1-bedroom Apartment, City Center (Monthly)

$2,549 ISK 309.2K

$1,327 CA$1,875

92.15%

1-bedroom Apartment, Outside City Center (Monthly)

$2,056 ISK 249.4K

$1,066 CA$1,508

92.79%

3-bedroom Apartment, City Center (Monthly)

$3,498 ISK 424.2K

$1,843 CA$2,606

89.72%

3-bedroom Apartment, Outside City Center (Monthly)

$2,764 ISK 335.2K

$1,539 CA$2,175

79.61%

Buy Apartment in City Center (m2)

$8,120 ISK 984.9K

$4,135 CA$5,846

96.35%

Buy Apartment Outside City Center (m2)

$6,254 ISK 758.5K

$3,912 CA$5,531

59.84%

Average Monthly Net Salary (After Tax)

$4,573 ISK 554.6K

$3,474 CA$4,911

31.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

4.77

84.70%

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

Last update for Reykjavik: October 12, 2026

Last update for Sackville, New Brunswick: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Reykjavik

$2.1K 51.4%

Sackville, New Brunswick

$1.1K 50.4% 48.1% $990

Groceries & Markets

Reykjavik

$623 15.6%

Sackville, New Brunswick

$341 16.1% 45.3% $282

Eating Out

Reykjavik

$536 13.4%

Sackville, New Brunswick

$189 9% 64.7% $347

Clothing & Footwear

Reykjavik

$292 7.3%

Sackville, New Brunswick

$110 5.2% 62.5% $182

Monthly Utilities & Internet

Reykjavik

$215 5.4%

Sackville, New Brunswick

$264 12.5% 22.8% $49

Sport & Entertainment

Reykjavik

$142 3.5%

Sackville, New Brunswick

$66 3.1% 53.1% $75

Getting Around

Reykjavik

$138 3.5%

Sackville, New Brunswick

$78 3.7% 43.5% $60

Cost Breakdown

A central one-bedroom costs $2,549 in Reykjavik versus $1,327 in Sackville, New Brunswick. 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 32% 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 $122 in Reykjavik versus $28.00 in Sackville, New Brunswick. Monthly groceries follow the same trend: $623 vs $341 – making Sackville, New Brunswick the more affordable choice for daily food spending.

Good to know

🇮🇸 Reykjavik

🇨🇦 Sackville, New Brunswick

🕒 Local time

19:24 7:24 PM

16:24 4:24 PM

3 h behind Reykjavik

🌤 Weather

👥 Population

136,894 Capital

2,963

💱 Currency

Icelandic Króna ISK kr

Canadian Dollar CAD $

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 19, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to ISK in detail →

On the map

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Between locations

Reykjavik Sackville, New Brunswick 3,280 km ≈ 4 h 30 min nonstop flight

From you

Reykjavik
Sackville, New Brunswick

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 Sackville, New Brunswick: Cost of Living - Frequently Asked Questions

Reykjavik costs about 89% more than Sackville, New Brunswick, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $6,003 per month in Reykjavik and $3,172 in Sackville, New Brunswick. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Sackville, New Brunswick, 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 $4,002 in Reykjavik and $2,115 in Sackville, New Brunswick. That's a gap of about 89%.

Public transport costs about 56% less in Sackville, New Brunswick. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Sackville, New Brunswick, where all-in costs run around $2,115, than in Reykjavik at $4,002. In Sackville, New Brunswick it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Sackville, New Brunswick costs $2,115 versus $4,002 in Reykjavik. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Sackville, New Brunswick. 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.