Budget Direct Insurance Money Magazine's Insurer of the Year 2023 CANSTAR's Insurer of the Year 2024

Canstar & Money Magazine's
Insurer of the Year

prices shown in
Vancouver vs Reykjavik
Van vs Rkv

Average net salary (After tax)

Reykjavik
Vancouver

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Rkv
Van
Outside city centre
Rkv
Van

Rent 3 bedroom apartment

Cost per month

In city centre
Rkv
Van
Outside city centre
Rkv
Van

Buy apartment

Price per m2

In city centre
Rkv
Van
Outside city centre
Rkv
Van

Mortgage rates

Reykjavik
4.5%
Vancouver
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Reykjavik
Vancouver

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Rkv
Van

Mobile phone data

One-minute local prepaid call (no plan or discount)

Rkv
Van

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Rkv
Van

Monthly pass

Regular price

Rkv
Van

Fuel prices

Per Litre

Reykjavik
Vancouver

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Rkv
Van
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Rkv
Van
White bread 500g
Rkv
Van
Eggs 12
Rkv
Van
White rice 1kg
Rkv
Van

Pack of cigarettes

(Marlboro)

Reykjavik
Vancouver

Meat & cheese

Chicken breasts 1kg
Rkv
Van
Beef round 1kg
Rkv
Van
Local cheese 1kg
Rkv
Van

Vegetables

Potatoes 1kg
Rkv
Van
Lettuce 1 head
Rkv
Van
Tomatoes 1kg
Rkv
Van

Fruit

Apples 1kg
Rkv
Van
Oranges 1 head
Rkv
Van
Bananas 1kg
Rkv
Van

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Rkv $4,070.74/mth
Van $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Rkv $4,070.74/mth
Van $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Reykjavik
4.5%
Vancouver
5.5%

Restaurant Prices in Reykjavik are 17.14% higher than in Vancouver

Drinks

Coke/Pepsi 0.33L
bottle
Rkv $4,070.74/mth
Van $4,070.74/mth
Water 0.33L
bottle
Rkv $4,070.74/mth
Van $4,070.74/mth
Cappuccino regular
Rkv $4,070.74/mth
Van $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Rkv
Van
Market 0.5L bottle
Rkv
Van

Imported beer

Restaurant 0.33L bottle
Rkv
Van
Market 0.33L bottle
Rkv
Van

Bottle of wine

Mid-range, from supermarket

Reykjavik
5
Vancouver

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Rkv
Van

Summer dress

From a chain store (e.g. Zara, H&M)

Rkv
Van

Shoes

1 pair Nike shoes
Rkv
Van
1 pair men's leather shoes
Rkv
Van

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Reykjavik
$15.33
Vancouver
$11.43

Tennis court rental

One hour on weekend

Rkv $4,070.74/mth
Van $4,070.74/mth

Fitness club

Monthly fee for one adult

Rkv $4,070.74/mth
Van $4,070.74/mth