Cost of living in Ísafjörður (Isafjordur)
Ísafjörður, located in the stunning Westfjords of Iceland, is known for its breathtaking landscapes and rich cultural heritage. Understanding the cost of living in this unique town is crucial for anyone considering a move or extended stay.This guide provides a detailed breakdown of essential living expenses in Ísafjörður, including housing, transportation, and more, to help you plan your budget effectively.Cost of Living Summary
Housing Costs
- 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $2500.
- Buying Price per Square Meter (Outside Centre)The price per square meter to buy an apartment outside the centre averages $5000.
Cost of Living Data
The following pricing data has been gathered from 2 user contributions, as of the most recent update in May, 2023.
Rent Per Month
Rent Per Month
Avg
Range
Apartment (1 bedroom) in City Centre
$2,500.00
Buy Apartment Price
Buy Apartment Price
Avg
Range
Price per Square Meter to Buy Apartment Outside of Centre
$5,000.00
Worldwide
Iceland
Cost of Living Rankings
The cost of living indices for Iceland are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Iceland, covering factors like consumer goods, rent, and purchasing power.
Highest to LowestUpdated: Oct, 2025
