Cost of Living in Reykjavik, Iceland
Reykjavik is a city in Iceland, where a single person can expect to spend about $2,849 per month including rent, food, and local transport. A one-bedroom apartment in the city centre averages $2,395 per month, or $2,049 outside the centre. Internet is fast at around 318 Mbps median download speed. On safety, Reykjavik scores 96/100 — very safe for residents and visitors. Expect summer highs near 57°F and winter highs around 33°F, with roughly 173 sunny days a year.
Reykjavik Cost of Living Breakdown
🍽️ Dining
🛒 Groceries
🚌 Transportation
⚡ Utilities & Tech
🎬 Lifestyle
👔 Clothing
🏠 Housing
📊 Summary
Cost data sourced from Numbeo.
Lifestyle & Quality of Life in Reykjavik
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Reykjavik FAQ
How much does it cost to live in Reykjavik?
A single person should budget around $2,849 per month in Reykjavik, covering rent, groceries, transport, and basic lifestyle costs.
How much is rent in Reykjavik?
A one-bedroom apartment in central Reykjavik averages $2,395 per month, dropping to about $2,049 outside the centre. A three-bedroom in the centre runs about $3,349.
Is Reykjavik safe?
Reykjavik scores 96/100 on safety, which is very safe. Tourist safety is rated 95/100.
How fast is the internet in Reykjavik?
Median download speeds in Reykjavik are around 318 Mbps — fast for remote work and video calls. There are roughly 12 coworking spaces in the city.
Does Iceland offer a digital nomad visa?
Iceland does not currently offer a dedicated digital nomad visa. US passport holders can usually stay 90 days visa-free.
What is the weather like in Reykjavik?
Reykjavik sees summer highs around 57°F and winter highs near 33°F, with about 173 sunny days and 182 rainy days per year.
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