Last update: Oct 2026

Cost of Living Comparison Between Saint Andrews and Reykjavik

For one person, living is cheaper in Saint Andrews: $2,255 a month against $4,037 in Reykjavik, rent and utilities included – about $21,400 less a year. Rent and utilities account for about half of the difference.

109

Cost of Living Index in Saint Andrews
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Saint Andrews Living Index
193

Cost of Living Index in Reykjavik
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Reykjavik Living Index

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Saint Andrews

🇨🇦 Canada

$2,255

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

Monthly Cost of Living

How much you'll spend in Saint Andrews 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 Saint Andrews and in Reykjavik actually costs, broken down by who's living it.

A single person spends $2,255 per month in Saint Andrews vs $4,037 in Reykjavik, rent included.

Saint Andrews $2,255
Reykjavik $4,037

A couple spends around $3,245 per month in Saint Andrews vs $5,666 in Reykjavik, rent included.

Saint Andrews $3,245
Reykjavik $5,666

A family of three spends $4,234 per month in Saint Andrews vs $7,295 in Reykjavik, rent included.

Saint Andrews $4,234
Reykjavik $7,295

Saint Andrews is about 44% cheaper than Reykjavik, and outside of rent the biggest gap is in groceries.

Both Saint Andrews and Reykjavik sit above the global median – Saint Andrews by 68%, Reykjavik by 201%.

Meal at Budget Restaurant

$17.75 CA$25.30

$30.59 ISK 3,730

-41.97%

Three-Course Dinner for Two, Mid-Range

$63.8 CA$91.0

$136 ISK 16.5K

-52.91%

Fast Food Meal (McDonalds, etc)

$10.59 CA$15.10

$27.08 ISK 3,302

-60.89%

Cappuccino

$3.72 CA$5.30

$6.72 ISK 819

-44.64%

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

$1.99 CA$2.83

$3.27 ISK 399

-39.14%

Water (0.33 liter bottle)

$1.58 CA$2.25

$3.16 ISK 386

-50.00%

Local Beer (0.5 liter draught)

$5.17 CA$7.38

$13.91 ISK 1,696

-62.83%

Imported Beer (0.33 liter bottle)

$5.77 CA$8.22

$12.06 ISK 1,470

-52.16%

Milk (1 liter)

$2.04 CA$2.91

$2.04 ISK 248

White Bread (500g)

$2.46 CA$3.51

$4.32 ISK 527

-43.06%

Rice (white) (1kg)

$3.36 CA$4.79

$3.67 ISK 447

-8.45%

Eggs

$3.47 CA$4.94

$7.02 ISK 856

-50.57%

Local Cheese (1kg)

$9.72 CA$13.86

$22.01 ISK 2,684

-55.84%

Chicken Fillets (1kg)

$11.12 CA$15.85

$24.70 ISK 3,012

-54.98%

Beef Round Steak (1kg)

$14.72 CA$20.98

$42.66 ISK 5,202

-65.49%

Apples (1kg)

$3.66 CA$5.22

$3.37 ISK 412

8.61%

Banana (1kg)

$1.36 CA$1.93

$2.85 ISK 347

-52.28%

Oranges (1kg)

$3.70 CA$5.28

$3.17 ISK 387

16.72%

Tomato (1kg)

$3.73 CA$5.31

$6.39 ISK 779

-41.63%

Potato (1kg)

$2.59 CA$3.70

$4.01 ISK 489

-35.41%

Onion (1kg)

$2.25 CA$3.21

$1.64 ISK 200

37.20%

Lettuce (1 head)

$2.53 CA$3.61

$3.80 ISK 463

-33.42%

Water (1.5 liter bottle)

$1.57 CA$2.24

$1.74 ISK 212

-9.77%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 CA$19.90

$13.80 ISK 1,682

1.16%

Wine (Bottle)

$12.42 CA$17.70

$23.38 ISK 2,851

-46.88%

Local Beer (0.5 liter bottle)

$2.73 CA$3.89

$3.53 ISK 430

-22.66%

Imported Beer (0.33 liter bottle)

$3.13 CA$4.46

$3.45 ISK 420

-9.28%

One-way Ticket (Public Transport)

$2.31 CA$3.29

$5.77 ISK 704

-59.97%

Public Transport Monthly Pass (Regular Price)

$63.1 CA$90.0

$95.1 ISK 11.6K

-33.68%

Taxi Start (Normal Tariff)

$2.82 CA$4.02

$6.63 ISK 808

-57.47%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.12

$2.79 ISK 341

-46.59%

Taxi 1hour Waiting (Normal Tariff)

$23.25 CA$33.14

$81.4 ISK 9,923

-71.43%

Gasoline (1 liter)

$1.11 CA$1.59

$2.11 ISK 257

-47.39%

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

$28.2K CA$40.1K

$50.8K ISK 6.2M

-44.58%

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

$18.9K CA$26.9K

$52.7K ISK 6.4M

-64.15%

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

$138 CA$197

$88.7 ISK 10.8K

55.64%

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

$38.11 CA$54.3

$31.53 ISK 3,845

20.87%

Internet (50+ Mbps, Unlimited Data)

$55.0 CA$78.4

$84.6 ISK 10.3K

-35.04%

Gym Membership (Monthly)

$40.69 CA$58.0

$100 ISK 12.2K

-59.46%

Tennis Court (1 Hour on Weekend)

$18.31 CA$26.10

$48.20 ISK 5,877

-62.01%

Cinema Ticket

$10.95 CA$15.61

$19.87 ISK 2,424

-44.89%

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

$724 CA$1,033

$1,277 ISK 155.8K

-43.29%

International Primary School, 1 Child (Yearly)

$13.3K CA$18.9K

$31.0K ISK 3.8M

-57.07%

Jeans (Levis 501 Or Similar)

$54.2 CA$77.2

$161 ISK 19.6K

-66.32%

Summer Dress (H&M, Zara, etc)

$37.35 CA$53.2

$64.9 ISK 7,914

-42.45%

Sport Shoes (Adidas, Nike)

$84.5 CA$120

$183 ISK 22.3K

-53.75%

Men's Leather Business Shoes

$99.9 CA$142

$254 ISK 31.0K

-60.65%

1-bedroom Apartment, City Center (Monthly)

$1,239 CA$1,766

$2,499 ISK 304.8K

-50.44%

1-bedroom Apartment, Outside City Center (Monthly)

$1,151 CA$1,640

$2,000 ISK 243.9K

-42.47%

3-bedroom Apartment, City Center (Monthly)

$1,984 CA$2,829

$3,452 ISK 421.0K

-42.51%

3-bedroom Apartment, Outside City Center (Monthly)

$1,678 CA$2,392

$2,742 ISK 334.4K

-38.81%

Buy Apartment in City Center (m2)

$4,169 CA$5,942

$8,001 ISK 975.7K

-47.89%

Buy Apartment Outside City Center (m2)

$3,576 CA$5,097

$6,249 ISK 762.1K

-42.78%

Average Monthly Net Salary (After Tax)

$4,691 ISK 572.0K

20-Year Fixed Mortgage Interest Rate (Annual %)

4.64

8.81

-47.33%

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

Last update for Saint Andrews: October 5, 2026

Last update for Reykjavik: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Saint Andrews

$1.2K 50.7%

Reykjavik

$2K 50.9% 73.8% $849

Groceries & Markets

Saint Andrews

$347 15.3%

Reykjavik

$625 15.9% 80.1% $278

Eating Out

Saint Andrews

$270 11.9%

Reykjavik

$526 13.4% 94.7% $256

Monthly Utilities & Internet

Saint Andrews

$231 10.2%

Reykjavik

$205 5.2% 11.4% $26

Clothing & Footwear

Saint Andrews

$124 5.5%

Reykjavik

$298 7.6% 140% $174

Getting Around

Saint Andrews

$83 3.6%

Reykjavik

$139 3.5% 68.1% $56

Sport & Entertainment

Saint Andrews

$63 2.8%

Reykjavik

$140 3.6% 124% $78

Cost Breakdown

A central one-bedroom costs $1,239 in Saint Andrews versus $2,499 in Reykjavik. 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 $64.0 in Saint Andrews versus $136 in Reykjavik. Monthly groceries follow the same trend: $347 vs $625 – making Saint Andrews the more affordable choice for daily food spending.

Good to know

🇨🇦 Saint Andrews

🇮🇸 Reykjavik

🕒 Local time

04:47 4:47 AM

07:47 7:47 AM

3 h ahead of Saint Andrews

🌤 Weather

👥 Population

136,894 Capital

💱 Currency

Canadian Dollar CAD $

Icelandic Króna ISK kr

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1,000 ISK = 8.2 USD

1,000 ISK = 7.31 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 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

USD to CAD in detail →

On the map

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Between locations

Saint Andrews Reykjavik 3,480 km ≈ 4 h 45 min nonstop flight

From you

Saint Andrews
Reykjavik

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

City Median Internet Speeds Comparison (Updated March 2026)

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

Digital Nomad Cost of Living Index

Saint Andrews vs Reykjavik: Cost of Living - Frequently Asked Questions

Reykjavik costs about 79% more than Saint Andrews, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,383 per month in Saint Andrews and $6,055 in Reykjavik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Saint Andrews, 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 $2,255 in Saint Andrews and $4,037 in Reykjavik. That's a gap of about 79%.

Public transport costs about 51% less in Saint Andrews. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Saint Andrews, where all-in costs run around $2,255, than in Reykjavik at $4,037. In Saint Andrews it covers expenses comfortably, while in Reykjavik it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Saint Andrews costs $2,255 versus $4,037 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 Saint Andrews. 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.