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Keflavik, Iceland | Is the cost of living in Keflavik high? | Expat Exchange
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Is the cost of living in Keflavik high?

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

"The cost of living in Keflavik is considered to be high compared to many other countries. Rent for a one-bedroom apartment in the city center can be quite expensive, while outside the city center, it is slightly less. The cost of utilities such as electricity, heating, cooling, water, and garbage is also high. Groceries can be costly, with items such as bread, milk, eggs, fruits, and vegetables being more expensive than in many other countries. Eating out at restaurants is also pricey, especially for mid-range to high-end establishments. Transportation costs can add up, with gasoline prices being high and public transportation tickets also costing a significant amount. Owning and maintaining a car can be expensive due to high vehicle taxes and insurance costs. Healthcare is of high quality but comes at a high cost unless covered by insurance. Education, on the other hand, is mostly free as it is funded by the government, although private education options can be costly. Overall, while salaries in Keflavik are generally high, the high cost of living can offset these earnings. Despite this, many residents feel that the high quality of life, beautiful surroundings, and safety of the city make the high cost of living worthwhile," said a member in Keflavik, Iceland.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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SJB GlobalSJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.

Other Questions:

Is the cost of living in Keflavik high?

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


SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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