๐ฑ๐ง
Beirut
Lebanon
2,400,000People
warmClimate
QoL 62/100
๐ฎ๐ธ
Reykjavik, Iceland
How much does it really cost to live in Reykjavik? Housing, food, transport, internet and more โ plus what salary you need to live comfortably.
$
$1,500
1-bedroom rent / mo
90
Quality of life
/ 100
92
Safety
/ 100
94
Internet
/ 100
18
Affordability
/ 100
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Estimated Monthly Cost
Single person, moderate lifestyle, 1-bedroom apartment.
| Rent (1-bedroom) | $1,500 |
| Food (moderate) | $580 |
| Transport | $60 |
| Utilities | $120 |
| Internet | $40 |
| Healthcare | $110 |
| Entertainment | $250 |
| Total (moderate) | $2,950 |
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Housing Costs
Typical monthly rent in Reykjavik.
| Shared accommodation | $600 |
| Studio | $1,000 |
| 1-bedroom | $1,500 |
| 2-bedroom | $2,000 |
| 3-bedroom | $2,600 |
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City Scores
How Reykjavik rates, out of 100.
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At a Glance
- Climateโ๏ธ Cold
- City sizeSmall
- Near the seaYes ๐
- Geography๐ Sea
- Capital cityReykjavik
- LanguageIcelandic
- CurrencyISK
- Time zoneAtlantic/Reykjavik
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Pros and Cons of Reykjavik
โ Pros
- Relatively safe city
- Fast and reliable internet
- Good public transport network
- Great overall quality of life
- Good healthcare options
- Located near the coast
โ ๏ธ Cons
- Higher cost of living
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Monthly Budget by Lifestyle
Based on a single person living in a 1-bedroom apartment.
๐ผ
Can You Live in Reykjavik on These Salaries?
Estimated for a single person, moderate lifestyle, 1-bedroom apartment.
| Monthly income | Status | Remaining |
|---|---|---|
| $ 1,000 | Very Difficult | $-1,950 / month |
| $ 2,000 | Very Difficult | $-950 / month |
| $ 3,000 | Affordable | $50 / month |
| $ 5,000 | Very Comfortable | $2,050 / month |
| $ 8,000 | Premium Lifestyle | $5,050 / month |
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