Living in Reykjavik

Reykjavik

Northern lights, hot springs and fresh fish
Photo by Roan Lavery
81
Score

Reykjavik, with its cosy charm, is a gem for people who love history and natural beauty. This is a city where daylight is a 24/7 affair in summer. But, in the dark cold winter months, it puts on a breathtaking show of Northern Lights.

The Good

  • 😋 Decent food options
  • Coffee
  • 👮 Safe
  • 🚀 Fast wifi
  • ⛰️ Stunning scenery
  • 🏞️ Great outdoors
  • 🥰 Beautiful

The Bad

  • 🎉 Poor nightlife
  • 🤑 Expensive
  • 🏨 High cost of accomodation
  • 🏘️ Limited accomodation options
  • 🚶 Not walkable
  • Freezing
  • 🥶 Cold winters
  • 📸 Very Touristy

Living costs

Estimated Monthly Living Cost
Reykjavik
Cheapest () Costliest ()
Iceland
0%
cheaper than Iceland median
259th
Cheapest out of 291 RoamRank places
  • The average salary in Reykjavik is
  • It's about 80% cheaper to live in Reykjavik than it is New York
  • You can expect to spend around $3,064.79 per month living here

Work

Internet
60 Mbps or More, Unlimited Data
PAYG Sim Card
30 Day / Unlimited Data
--
Airalo eSim
Global eSims for Instant Connectivity
Buy
Coffee
Regular (8-10oz)
Co-Working Space
Per Month
--

Living

Apartment (1 bed)
Median Rent Per Month
Apartment (2 beds)
Median Rent Per Month
--
Airbnb (2 beds)
Median Rent Per Month
--
Utilities
Electricity, Heating, Cooling, Water, Garbage Collection Per Month
Water
0.33 liter bottle

Leisure

Meal
Cheap Restaurant
Meal for 2
Mid Range Restaurant
Local Beer
330ml Bottle
Cocktail
Standard Measure
--
Bottle of Wine
Mid range
Gym Membership
Per Month
Cigarettes
20 pack
Cinema
Admission Per Person
  • Prices are estimates and should be used as a guide only. We accept no responsibility for inaccuracies in data.
  • Prices adjusted to reflect exchange rates as of 4th Jun 2026

Safety

Very Safe

Reykjavik has very low crime rates and is considered one of the safest cities in the world, making it ideal for digital nomads.

Internet speed

Good

Download
100.1Mbps
Upload
20.7Mbps
Latency
26.7ms
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Click a tile to see median wifi speed data for that area. Speeds are shown in Mbps.
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Time difference

Reykjavik

When to visit

Current weather
The weather in June is cold with temperatures around 6°

Average temperatures

12°
13°
13°
10°
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Who it suits