Canada
Compared with Iceland, using real observed prices.
Baseline: 
Iceland = 1×
Canada
vs
Iceland
Overall verdict
Canada is about 0.75× Iceland.
Average across 2 categories, 7 items with data
The shape of prices (vs Iceland = 1×)
How to read this
The centre line is Iceland. A bar running right means Canada is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than Iceland
Iceland = 1×
Canada is pricier →
Iceland
Iceland = 1×
Canada is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
Real prices. Real sources. Real dates.
-
Gasoline 1L 1 L ×0.83Canada
ISK 180
USD 1.426Iceland
ISK 218
USD 1.727
-
Diesel 1L 1 L ×0.82Canada
ISK 195
USD 1.54Iceland
ISK 237
USD 1.878
-
Electricity 1kWh (household) 1 kWh ×0.69Canada
ISK 15
USD 0.123Iceland
ISK 22
USD 0.179
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+14%
in CAD
6.77 → 7.7
6.77 → 7.7
vs
At today's rateUsing today's exchange rate
+8%
in ISK
It rose 14% in local currency, but 8% in yours. Most of what you feel is the exchange rate, not Canada's inflation.
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