Is the cost of living in Iceland high?

We asked people how much they someone comfortably live on in Iceland, they wrote...

"The cost of living in Iceland is generally higher than in other European countries. Prices for basic goods and services, such as food, housing, transportation, and utilities, are all more expensive than in many other countries. Eating out and entertainment can also be costly, and the cost of alcohol is particularly high. However, wages in Iceland are also higher than in many other countries, so the overall cost of living is still manageable," explained one expat living in Iceland.

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Is the cost of living in Iceland high?

If you live in Iceland, newcomers to Iceland would love to hear your answer to this question.

About the Author

Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.