Immigrating to Europe: what is the incredible cost of living in Iceland?

Immigrating to Europe: what is the incredible cost of living in Iceland?

When the routine becomes monotonous, many people dream of a radical change. Emigrating to Europe can be the key to escape that feeling of stagnation. In particular, Iceland offers a unique opportunity for those seeking a new adventure in a stunning natural environment.

Although there is talk of the high cost of living in this Nordic country, with proper planning, it is possible to enjoy this experience without compromising the budget. Knowing essential expenses, such as housing, food and transportation, is the first step to start dreaming about this journey.

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Europe has its doors open for several workers and students in 2025

Emigrate to Europe: how much does it cost to live in Iceland

Iceland is known for its high cost of living, but also for its quality and salary level. Analyzing the main expenses in detail allows you to have a clear perspective and avoid surprises.

Rental in Iceland

The most significant expense in Iceland is housing. In Reykjavikrenting a one-bedroom apartment can cost around 220,000 ISK monthly, an ideal option for those looking for privacy. On the other hand, sharing a room 120,000 ISK per month not only reduces costs, but also makes it easier to meet new people and share experiences.

In rural areas, renting tends to be cheaper, although with fewer amenities and transportation options. This alternative may be ideal for those who prefer a quieter lifestyle away from the hustle and bustle.

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Renting in not so well-known cities can be a great option

Renting in not so well-known cities can be a great option

Cost of food in Iceland

Food prices in Iceland are high, especially if you eat out frequently. A meal at a restaurant can cost around 5,000 ISK. However, shopping at the supermarket allows you to keep costs under control.

Among the basic products, 12 eggs stand out 900 ISKa liter of milk for 253 ISK and a kilo of tomatoes for 1,000 ISK. With proper organization, monthly food spending can be optimized to fit your budget.

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It is always advisable to have the list prepared so as not to fall into unnecessary tastes that make the purchase more expensive.

It is always advisable to have the list prepared so as not to fall into unnecessary tastes that make the purchase more expensive.

Transportation: move without spending more

Public transport in Iceland, known as Straetois reliable and efficient. Individual tickets cost 650 ISK, while a monthly pass is more convenient, costing 10,800 ISK.

For those looking to save even more, opting for a used bike is a great alternative in Reykjavík, a small city with easy distances to travel. This option is perfect for those who enjoy an active lifestyle.

Extra expenses

Enjoying Iceland also involves considering certain additional expenses. A pint of beer can cost 1,200 ISK, while a monthly pass to a gym is around 22,900 ISK.

However, outdoor activities, such as exploring glaciers and observing the northern lights, are free and part of the unique experience this country offers. With an appropriate balance between savings and enjoyment, it is possible to make the most of your stay.

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Enjoying an outing with wonderful landscapes is worth spending a little

Enjoying an outing with wonderful landscapes is worth spending a little

Source: Ambito

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