Is the cost of living in Vestmannaeyjar high?

"The cost of living in Vestmannaeyjar is considered to be relatively high, similar to the rest of the country. Housing and rental prices are quite steep, especially for larger or more modern properties. Grocery prices are also high due to the cost of importing many goods, and dining out can be expensive as well. Utilities such as electricity, heating, and internet are also costly, although these can vary depending on usage. Transportation costs can add up, particularly if one owns a car, due to high fuel prices and maintenance costs. However, public transportation is available and is a more affordable option. Healthcare is generally of high quality and is largely funded by taxes, but private health insurance can also be costly. Overall, while salaries in Vestmannaeyjar are often higher than average to offset these costs, the cost of living can still be a significant consideration for those thinking of moving to the area," said another expat in Vestmannaeyjar, Iceland.