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Cost of Living in Seltjarnarnes, Iceland

By Joshua Wood, LPC

Last updated on Jul 01, 2023

Summary: What is the cost of living in Seltjarnarnes, Iceland? Hear what expats, digital nomads and retirees living in Seltjarnarnes have to say about the cost of housing, health insurance and general living costs.

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Is the cost of living in Seltjarnarnes high?

We asked people how much they someone comfortably live on in Seltjarnarnes, they wrote:

"The cost of living in Seltjarnarnes is considered high compared to other parts of the world. Housing is one of the biggest expenses, with rental prices being quite steep, especially for larger apartments or houses. The cost of utilities such as electricity, heating, and internet is also significant. Groceries and dining out can be expensive as well, with imported goods and restaurant meals costing more than one might expect. Transportation costs, including fuel and public transit, are also high. Healthcare in Iceland is of high quality, but it comes with a cost. While it is subsidized by the government, there are still out-of-pocket expenses. Education, from primary school to university, is generally free of charge, but there may be costs associated with extracurricular activities or private education. Despite the high cost of living, the quality of life in Seltjarnarnes is considered to be very good, with access to beautiful nature, high-quality public services, and a safe and clean environment," said one person in Seltjarnarnes.

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Will I save money living in Seltjarnarnes?

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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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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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