Skip to content

Your next address

Montreal or Reykjavik

Comprehensive comparison between Montreal (Canada) and Reykjavik (Iceland). Analyze differences in purchasing power, housing, safety, and visas to make your next move.

Loading destinations...

How much salary do you need in Reykjavik?

Use our Purchasing Power Calculator to find out exactly how much you need to earn in {{city}} to maintain your current lifestyle.

Frequently Asked Questions

Based on 2026 cost of living data, Montreal is more affordable than Reykjavik. Montreal has a cost rating of 65/100, while Reykjavik has a cost rating of 94/100.
In terms of safety, Reykjavik ranks higher with a safety score of 85/100, compared to Montreal at 98/100. Montreal's safety score is 85/100 and Reykjavik's safety score is 98/100.
Average rent in Montreal is typically $1,800 CAD per month, whereas typical rent in Reykjavik averages €1,600 - €2,400 per month.
For Montreal, the visa process is rated as: Quebec Specific (Quebec has its own immigration selection (CSQ); French proficiency is often required.). For Reykjavik, the process is rated as: Iceland Long-Term Remote Worker Visa (Iceland’s Remote Worker Visa allows non-EEA remote professionals to reside 180 days with proof of monthly income (~$7.5k/mo).).