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Akranes, Iceland: Cost of Living, Healthcare, Local Clubs and Activities, Healthcare and What to Know About Living in Akranes | Expat Exchange
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Akranes, Iceland

By Joshua Wood, LPC

Last updated on Jun 12, 2024

Summary: Expats, digital nomads and retirees discuss what it is like to live in Akranes, Iceland: Cost of living, Finding a home, Meeting People and more.

William Russell
William Russell
William Russell
William Russell

What do I need to know before moving to Akranes?

When we asked people what advice they would give someone preparing to move to Akranes, they said:

"Expats moving to Akranes should be prepared for a small-town lifestyle, as the town has a population of just over 7,000 people. The local language is Icelandic, but English is widely spoken, especially by younger generations. The cost of living in Akranes is relatively high, similar to the rest of Iceland, with groceries and dining out being particularly expensive. The climate in Akranes is subarctic, meaning summers are cool and winters are cold, with temperatures often dropping below freezing. The town experiences long hours of darkness in the winter and long hours of daylight in the summer due to its northern location. Public transportation is limited in Akranes, so having a car can be beneficial, especially for exploring the surrounding areas. However, there is a regular bus service to Reykjavik, the capital of Iceland. The healthcare system in Iceland is of a high standard, but it's important for expats to have comprehensive health insurance. Akranes is known for its beautiful landscapes, including mountains, a lighthouse, and beaches. Outdoor activities such as hiking, fishing, and bird watching are popular. The town has a strong sense of community and hosts several festivals throughout the year. The education system in Iceland is of a high standard, and there are both primary and secondary schools in Akranes. Icelandic people are known for their friendliness and hospitality, but they also value their privacy and personal space. It's important to respect these cultural norms when interacting with locals. Finally, it's worth noting that Iceland is one of the safest countries in the world, and Akranes is no exception. However, like anywhere, it's still important to take basic safety precautions," said one expat who made the move to Akranes.

What is a typical expat home or apartment like in Akranes?

"A typical expat home or apartment in Akranes, is often a modern, well-insulated property designed to withstand the harsh Icelandic weather. These homes usually have central heating, often powered by the country's abundant geothermal energy. The interior design tends to be minimalist, reflecting the Nordic aesthetic with clean lines, functional furniture, and a neutral color palette. Living rooms are usually spacious and cozy, with large windows that let in plenty of natural light and offer stunning views of the surrounding landscapes. Kitchens are typically equipped with modern appliances and have ample storage space. Bedrooms are comfortable and often have built-in wardrobes. Bathrooms usually feature heated floors and towel racks, a luxury during the cold winter months. Some homes may also have a private sauna or hot tub, a popular feature in Icelandic homes. Outdoor space is also common, with many homes having a garden or a patio. Despite the cold climate, many Icelanders love to barbecue, so it's not uncommon to find a grill in the backyard. In terms of location, homes in Akranes are often close to the town's amenities, such as shops, restaurants, and schools. The town is small and peaceful, offering a relaxed lifestyle away from the hustle and bustle of larger cities. Overall, expat homes in Akranes offer a comfortable and modern living environment, with a strong connection to the stunning Icelandic nature," explained one expat living in Akranes, Iceland.

What is the average cost of housing in Akranes?

If you are thinking about moving to Akranes, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Akranes can vary greatly depending on the size and location of the property. However, it is generally more affordable compared to the capital city, Reykjavik. As of recent data, a typical house in Akranes may cost around the same as a small apartment in Reykjavik. It's important to note that these prices can fluctuate based on the real estate market conditions," wrote a member in Akranes.

Where should I setup a bank account in Akranes?

We asked expats in Akranes what banks they use and there advice about banking. They advised:

"Expats considering retirement in Akranes, should be aware that the cost of living is relatively high, with groceries, housing, and healthcare being particularly expensive. They should also know that the climate is cold and windy, with long, dark winters and short, cool summers. The official language is Icelandic, so learning the language would be beneficial, although most Icelanders speak English. The healthcare system in Iceland is of a high standard, but it's important to secure comprehensive health insurance. Iceland is known for its safety and low crime rates, making it a peaceful place for retirement. However, it's essential to understand the local laws and regulations. Public transportation is not as prevalent in Akranes as it is in larger cities, so having a personal vehicle may be necessary. The town offers a variety of outdoor activities, including golfing, hiking, and fishing, which retirees might find enjoyable. Icelandic people are known for their friendliness and hospitality, but it may take time to integrate into the community fully. Lastly, retirees should be prepared for the high taxes in Iceland, which fund the country's extensive social welfare programs," remarked one expat living in Akranes, Iceland.

What do expats in Akranes appreciate most about the local culture?

"Expats in Akranes, often appreciate the strong sense of community and the friendly, welcoming nature of the locals. They enjoy the slow pace of life, which allows for a relaxed lifestyle and plenty of time to enjoy the stunning natural beauty of the area. The local culture is deeply rooted in tradition, which is reflected in the local festivals and events that expats can participate in. They also appreciate the safety and cleanliness of the town, as well as the high standard of living. The emphasis on outdoor activities and healthy living is another aspect of the local culture that expats in Akranes value. Lastly, the local cuisine, particularly the fresh seafood, is a highlight for many expats living in Akranes," explained one expat living in Akranes, Iceland.

What do expats find most challenging?

"Expats in Akranes often find the language barrier to be the most challenging aspect of the local culture. Icelandic is a complex language with unique phonetics and grammar rules, making it difficult for foreigners to learn and understand. Another challenge is the weather. The cold, windy, and often unpredictable weather in Akranes can be a significant adjustment for expats, especially those from warmer climates. The local cuisine can also be a challenge for some expats. Traditional Icelandic food includes dishes like fermented shark and sheep's head, which may not appeal to everyone's taste. The isolation and small-town feel of Akranes can also be challenging for some expats. The town is relatively small and remote, which can lead to feelings of isolation or boredom, especially for those used to living in larger, more bustling cities. Lastly, the high cost of living in Iceland can be a significant challenge. Everything from groceries to housing tends to be more expensive in Akranes compared to many other countries, which can be a shock for new arrivals," said one expat who made the move to Akranes.

Is there a lot of crime in Akranes?

We asked people if there is a lot of crime. They answered:

"Akranes, is generally considered a safe town with a low crime rate. Like most places in Iceland, it experiences very little violent crime. Petty crimes such as theft or vandalism are relatively rare, and serious crimes are even less common. The local police force is efficient and responsive, contributing to the overall safety of the town. However, as with any location, it is always advisable for residents and visitors to take basic precautions to protect their personal safety and belongings," said one expat in Akranes.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat 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.

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