Cost of Living in Reykjavik, Iceland
Iceland ยท Northern Europe
Monthly budget from $2280 โ full breakdown for 2026.
Budget
$2,280
/mo
Standard
$4,180
/mo
Comfort
$8,240
/mo
Monthly cost breakdown
| Housing | Food | Transport | Leisure | Total | |
|---|---|---|---|---|---|
| Budget | $1,300 | $600 | $140 | $240 | $2,280/mo |
| Standard | $2,400 | $1,000 | $260 | $520 | $4,180/mo |
| Comfort | $5,000 | $1,700 | $490 | $1,050 | $8,240/mo |
Data: World Bank, IMF, OECD. Updated daily.
About this city
World's most northerly capital with Northern Lights, geothermal pools, and pristine nature
Internet: 140 Mbps
Safety: 5/5
Nomad score: 3.7/5