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Cost of Living in Siglufjordur, Iceland

By Joshua Wood, LPC

Last updated on Jul 12, 2023

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

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Is the cost of living in Siglufjordur high?

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

"The cost of living in Siglufjordur is considered relatively high, similar to the rest of the country. Housing is one of the biggest expenses, with rental prices being quite steep, especially for larger properties. Utilities such as electricity, heating, and internet are also quite costly. Groceries in Siglufjordur can be expensive as well, with imported goods being particularly high-priced. Eating out or buying ready-made meals can also put a significant dent in one's budget. Transportation costs can vary, depending on whether one owns a car or uses public transportation. Gasoline prices are high, and car maintenance can add to the overall cost. Public transportation, while reliable, is also not cheap. Healthcare in Iceland is of high quality, but it comes with a price. While Icelandic citizens and residents have access to the national healthcare system, private healthcare can be costly. Despite the high cost of living, many residents feel that the quality of life, safety, and natural beauty of Siglufjordur and Iceland in general make the expenses worthwhile," remarked one in Siglufjordur.

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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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