What is the average cost of housing in Vik?

"The average cost of housing in Vik can vary greatly depending on the type and size of the property. For a small apartment, the cost can be relatively affordable, while larger homes or properties with a view can be significantly more expensive. As of now, it's difficult to provide an exact figure without specific details. However, it's important to note that the cost of living in Iceland is generally high compared to many other countries," remarked another expat in Iceland.