Property Prices Comparison Between Iceland and Canada 
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Rent Per Month | Iceland Edit |
Canada Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
277,291.67 kr (2,979.46 C$) |
171,282.38 kr (1,840.41 C$) |
-38.2 % |
| Apartment (1 bedroom) Outside of Centre |
249,310.34 kr (2,678.81 C$) |
152,923.85 kr (1,643.15 C$) |
-38.7 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (4,233.06 C$) |
274,486.77 kr (2,949.32 C$) |
-30.3 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (3,632.56 C$) |
237,417.81 kr (2,551.02 C$) |
-29.8 % |
Buy Apartment Price | Iceland Edit |
Canada Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
85,617.11 kr (919.94 C$) |
79,688.28 kr (856.24 C$) |
-6.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
72,898.79 kr (783.29 C$) |
55,952.59 kr (601.20 C$) |
-23.2 % |
Salaries And Financing | Iceland Edit |
Canada Edit | |
| Average Monthly Net Salary (After Tax) |
551,496.87 kr (5,925.76 C$) |
365,483.62 kr (3,927.07 C$) |
-33.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.76 | 6.62 | -32.1 % |
| Last update: | March 2025 | April 2025 | |
| Contributors in the past 12 months: | 53 | 1348 |
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