Which place is cheaper, Toronto or Akureyri?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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Should you visit Akureyri or Toronto?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Akureyri or Toronto, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Akureyri or Toronto?
Akureyri
Akureyri is the largest town in the northern region of Iceland, and is often considered the unofficial capital of the north. The town is a popular fishing port and is often used as a basecamp for visiting the more rural surrounding area. Akureyri is known for their great art scene, beautiful architecture, and stunning natural scenery.
Toronto
The capital of Ontario and the most populated city in Canada, Toronto is a very popular travel destination for any number of reasons. It's positioned along the coast of Lake Ontario and has a population of more than 2.6 million with 6.2 million in the Greater Toronto Area. It's a very international and diverse city, with a very rich cultural history. More than half of the city's population was not born in Canada, and there are more than eighty different ethnic neighborhoods sprinkled throughout the city. The city is a center for music, theater, film, and television. It has countless museums, festivals, and sights that attract more than 25 million tourists every year.
For some great organized tour ideas, see The Best Romantic Tours for Couples in Iceland, The Best Northern Lights Tours in Iceland, The Best Northern Lights Tours in Canada, and The Best Luxury Tours to Canada.
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Akureyri Prices
Iceland PricesToronto Prices
Canada Prices -
Average Daily Cost Per person, per dayAkureyri $191Toronto $249
The average daily cost (per person) in Akureyri is $191, while the average daily cost in Toronto is $249. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Akureyri and Toronto in more detail.
Accommodation
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Accommodation Hotel or hostel for one personAkureyri $103Toronto $86
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Accommodation Typical double-occupancy roomAkureyri $206Toronto $172
Compare Hotels in Akureyri and Toronto
Looking for a hotel in Akureyri or Toronto? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Akureyri Hotel Prices and Toronto Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Akureyri $23Toronto $32
Hired Cars and Shuttles in Akureyri
Some specific examples of transportation prices in Akureyri:
- From Godafoss Waterfall Guided Trip with Transfers: $126
- Whale Watching Tour with Transfer from Port: $141
- Akureyri Airport (AEY): Transfer to/from Akureyri City: $29
Typical Local Transportation Prices in Toronto
Some typical examples of transportation costs in Toronto are as follows:
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Airport Shuttle$26
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Train: 2 Day Passes$16
Hired Cars and Shuttles in Toronto
Also for Toronto, here are a few examples of actual transportation services:
- Private Transfer:- Toronto Pearson Airport to Waterloo Black Car Service: $92
- Arrival Private Transfer: Pearson Airport YYZ to Toronto in Luxury Car: $185
- Arrival Private Transfer: Pearson Airport YYZ to Toronto in Luxury Van: $172
- Arrival Transfer: Pearson Airport YYZ to Toronto in Sedan Car: $166
- Departure Private Transfer Toronto City to Toronto Airport YYZ by SUV or Minibus: $72
- Departure Transfer: Toronto to Pearson Airport YYZ by Luxury SUV: $190
- Low cost Transfer: Toronto Downtown to Niagara Falls (Lake): $657
- Niagara Falls private transfers : $275
- Niagara Falls: Private Transfer to/from Toronto Airport: $700
- One-Way Private Airport Transfer from Toronto to Pearson Airport: $67
- Personalized Toronto Airport Transfer Service: $125
- Private Arrival Transfer-Pearson Airport (YYZ) to Niagara Falls: $227
Is it cheaper to fly into Akureyri or Toronto?
Prices for flights to both Toronto and Akureyri change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
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Food Meals for one dayAkureyri $71Toronto $112
Typical Food Prices in Toronto
For Toronto, here are some examples of average food and meal prices for travelers:
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Lunch at St. Lawrence Market for Two$23
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Dinner at Mill Street Brewery (for 2)$56
Food Tours and Cooking Classes in Toronto
For Toronto, here are some samples of tours and activities related to meals and dining experiences:
- Premium Harbor Cruise with Lunch, Brunch, or Dinner: $46
- Kensington Market By The Sidewalk Food Tour: $52
- Great White North Food Tour: $54
- Great White North Toronto Food Tour: $55
- Pasta Making Cooking Class at a Local Distillery: $61
- Toronto Premier Dinner Cruise on Odyssey in Toronto Harbour: $66
- St Lawrence Market Food Tour with 6 Food Tastings: $71
- Kensington Market 'Taste the World' Food Tour: $72
- Must-Do Toronto Food Tour by Toronto's First Food Tour Company: $73
- St Lawrence Market Food Tour with 6 Tastings: $78
- Niagara Falls Evening Tour with Boat, Dinner & Illumination Tower: $79
- French Bistro Cooking Class in Toronto (Includes 3-Course Meal): $79
Entertainment
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Entertainment Entrance tickets, shows, etc.Akureyri $18Toronto $31
Tours and Activities in Akureyri
Here are a few actual costs in Akureyri for available activities, ticket prices, and tours:
- Akureyri Cruise Port: Mývatn Lakes, Waterfalls & Nature Trip: $282
- Akureyri Guided E-Bike Tour: $167
- Akureyri Port: Dettifoss, Goðafoss and Lake Mývatn Tour: $229
- Akureyri Port: Goðafoss and Akureyri Botanical Garden Tour: $170
- Akureyri Port: Goðafoss and the Forest Lagoon Tour: $203
- Akureyri Port: Godafoss Waterfall Classic Tour & Viewpoint: $82
- Akureyri Port: Lake Mývatn & Goðafoss Guided Tour with Lunch: $329
- Akureyri Port: Myvatn Nature Baths & Godafoss Waterfall Tour: $247
- Akureyri Private Walking Tour: $143
- Akureyri Private Walking Tour: $135
- 3-Hour Classic Whale Watching Tour by Ship: $108
- E-Bike Tour with Forest Lagoon Entry: $217
Typical Entertainment Prices in Toronto
Below are a few sample prices from actual travelers for Toronto's activities, tours, and tickets:
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Art Gallery of Ontario for Two$15
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CN Tower at night for Two$36
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Harbour Dinner Cruise$26
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Bata Shoe Museum (2)$7.26
Tours and Activities in Toronto
For Toronto, here are a few prices for actual activities, tours, and tickets provided by various companies:
- Explore Niagara Falls with bus ticket from/to Toronto: $3.58
- City Highlights Walking Tour | 3-Hour: $4.02
- Old Town Toronto History Walking Tour: $4.40
- Queen Street West: An audio tour exploring Toronto's coolest street: $8.99
- Historical Ghost Walk: A Self-Guided Audio Tour of Downtown Hamilton: $8.99
- Toronto Self Guided Audio Experience: $9.00
- Scavenger Hunt Adventure in Toronto by 3Quest Challenge: $10
- Bata Shoe Museum Admission Ticket: $11
- Bata Shoe Museum Entrance Ticket: $11
- The Reel Toronto Walking Tour with Smartphone App: $15
- Toronto Scavenger Hunt and Sights Self-Guided Tour: $15
- The Reel Toronto GPS App Walking Tour Mobile Game: $16
Alcohol
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Alcohol Drinks for one dayAkureyri $15Toronto $22
Sample the Local Flavors in Toronto
Some specific costs for nightlife related activities in Toronto:
- Take On Toronto Bar Crawl: $15
- Distillery District Historic Walking Tour: $20
- Toronto Distillery District Walking Tour: $21
- Nickel 9 Distillery Tour and Tasting: $25
- Distillery & Old Town Private Walking Tour: $28
- Short Distillery District Segway Tour: $35
- 30-Minute Distillery District Segway Tour: $36
- Toronto Distillery & Old Town Walking Tour With A Guide: $42
- Toronto Distillery District Self-Guided Walking Tour: $42
- Pub Crawl Toronto: $43
- Pub Crawl Toronto: $44
- Distillery District Breakfast Walking Tour: $53
When we compare the travel costs of actual travelers between Akureyri and Toronto, we can see that Toronto is more expensive. And not only is Akureyri much less expensive, but it is actually a significantly cheaper destination. Since Akureyri is in Europe and Toronto is in North America, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Akureyri would let you spend less money overall. Or, you could decide to spend more money in Akureyri and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Toronto would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Toronto than you might in Akureyri.
If you're trying to decide if either of these two destinations are within your price range, also see Is Akureyri Expensive? and Is Toronto Expensive?.
Which is Bigger, Akureyri or Toronto?
Toronto has a larger population, and is about 280 times larger than the population of Akureyri. When comparing the sizes of Akureyri and Toronto, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
When is the best time to visit Akureyri or Toronto?
Both places have a temperate climate with four distinct seasons. As both cities are in the northern hemisphere, summer is in July and winter is in January.
Should I visit Akureyri or Toronto in the Summer?
The summer brings many poeple to Akureyri as well as Toronto. Additionally, many travelers come to Toronto for the city activities and the family-friendly experiences.
Akureyri is much colder than Toronto in the summer. The daily temperature in Akureyri averages around 11°C (52°F) in July, and Toronto fluctuates around 21°C (70°F).
The sun comes out a lot this time of the year in Toronto. In the summer, Akureyri often gets less sunshine than Toronto. Akureyri gets 158 hours of sunny skies this time of year, while Toronto receives 281 hours of full sun.
Akureyri usually gets less rain in July than Toronto. Akureyri gets 33 mm (1.3 in) of rain, while Toronto receives 69 mm (2.7 in) of rain this time of the year.
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Summer Average Temperatures JulyAkureyri 11°C (52°F)Toronto 21°C (70°F)
Should I visit Akureyri or Toronto in the Autumn?
Both Toronto and Akureyri are popular destinations to visit in the autumn with plenty of activities. Also, many visitors come to Toronto in the autumn for the city's sights and attractions and the shopping scene.
Be prepared for some very cold days in Akureyri. In the autumn, Akureyri is much colder than Toronto. Typically, the autumn temperatures in Akureyri in October average around 3°C (38°F), and Toronto averages at about 11°C (51°F).
Akureyri usually receives less sunshine than Toronto during autumn. Akureyri gets 52 hours of sunny skies, while Toronto receives 153 hours of full sun in the autumn.
In October, Akureyri usually receives around the same amount of rain as Toronto. Akureyri gets 58 mm (2.3 in) of rain, while Toronto receives 61 mm (2.4 in) of rain each month for the autumn.
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Autumn Average Temperatures OctoberAkureyri 3°C (38°F)Toronto 11°C (51°F)
Should I visit Akureyri or Toronto in the Winter?
Both Toronto and Akureyri during the winter are popular places to visit. Also, most visitors come to Toronto for the museums, the shopping scene, and the cuisine during these months.
Toronto can be very cold during winter. Akureyri can get quite cold in the winter. In January, Akureyri is generally much warmer than Toronto. Daily temperatures in Akureyri average around -2°C (28°F), and Toronto fluctuates around -4°C (25°F).
In the winter, Akureyri often gets less sunshine than Toronto. Akureyri gets 7 hours of sunny skies this time of year, while Toronto receives 87 hours of full sun.
Akureyri usually gets around the same amount of rain in January as Toronto. Akureyri gets 55 mm (2.2 in) of rain, while Toronto receives 52 mm (2 in) of rain this time of the year.
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Winter Average Temperatures JanuaryAkureyri -2°C (28°F)Toronto -4°C (25°F)
Should I visit Akureyri or Toronto in the Spring?
The spring attracts plenty of travelers to both Akureyri and Toronto. Also, the spring months attract visitors to Toronto because of the activities around the city.
Akureyri can be very cold during spring. Akureyri is much colder than Toronto in the spring. The daily temperature in Akureyri averages around 2°C (36°F) in April, and Toronto fluctuates around 7°C (44°F).
Akureyri usually receives less sunshine than Toronto during spring. Akureyri gets 130 hours of sunny skies, while Toronto receives 179 hours of full sun in the spring.
In April, Akureyri usually receives less rain than Toronto. Akureyri gets 29 mm (1.1 in) of rain, while Toronto receives 63 mm (2.5 in) of rain each month for the spring.
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Spring Average Temperatures AprilAkureyri 2°C (36°F)Toronto 7°C (44°F)
Typical Weather for Toronto and Akureyri
| Akureyri | Toronto | |||
|---|---|---|---|---|
| Temp (°C) | Rain (mm) | Temp (°C) | Rain (mm) | |
| Jan | -2°C (28°F) | 55 mm (2.2 in) | -4°C (25°F) | 52 mm (2 in) |
| Feb | -1°C (30°F) | 43 mm (1.7 in) | -4°C (26°F) | 48 mm (1.9 in) |
| Mar | -1°C (31°F) | 43 mm (1.7 in) | 1°C (34°F) | 60 mm (2.4 in) |
| Apr | 2°C (36°F) | 29 mm (1.1 in) | 7°C (44°F) | 63 mm (2.5 in) |
| May | 6°C (43°F) | 19 mm (0.8 in) | 12°C (54°F) | 67 mm (2.6 in) |
| Jun | 10°C (50°F) | 28 mm (1.1 in) | 18°C (64°F) | 68 mm (2.7 in) |
| Jul | 11°C (52°F) | 33 mm (1.3 in) | 21°C (70°F) | 69 mm (2.7 in) |
| Aug | 11°C (51°F) | 34 mm (1.3 in) | 21°C (69°F) | 81 mm (3.2 in) |
| Sep | 7°C (44°F) | 39 mm (1.5 in) | 17°C (62°F) | 75 mm (3 in) |
| Oct | 3°C (38°F) | 58 mm (2.3 in) | 11°C (51°F) | 61 mm (2.4 in) |
| Nov | -0°C (32°F) | 54 mm (2.1 in) | 5°C (41°F) | 70 mm (2.8 in) |
| Dec | -2°C (29°F) | 53 mm (2.1 in) | -1°C (30°F) | 75 mm (2.9 in) |
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.