Cost of Living in Hofn, Iceland
Last updated on May 09, 2023
Summary: What is the cost of living in Hofn, Iceland? Hear what expats, digital nomads and retirees living in Hofn have to say about the cost of housing, health insurance and general living costs.
Is the cost of living in Hofn high?
We asked people how much they someone comfortably live on in Hofn, they wrote:
"The cost of living in Hofn 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 accommodations. Grocery prices are also high due to the fact that most food items are imported. Eating out at restaurants can be expensive as well, with meals at mid-range restaurants costing significantly more than in other countries. Transportation costs, including fuel and public transport, are also high. However, the cost of utilities such as electricity, heating, and internet is relatively reasonable. Healthcare is generally of high quality and is mostly covered by the state, although private health insurance can also be costly. Despite the high cost of living, salaries in Hofn and Iceland in general are also higher than the global average, which somewhat balances out the expenses. However, it's worth noting that the high cost of living can still be a challenge for those on a lower income or with a large family," wrote a person living in Hofn.
Connect
Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
Click connect to have our partner contact you via e-mail and/or phone.
Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Will I save money living in Hofn?
Please login to continue reading this article.
Not a member? Join Today (it's free).
About the Author
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.
Other Questions:
- What do I need to know before moving to Hofn?
- What is a typical expat home or apartment like in Hofn?
- What is the average cost of housing in Hofn?
- How do I meet people in Hofn?
- What do I need to know before retiring in Hofn?
- What should I pack when moving to Hofn?
- Where should I setup a bank account in Hofn?
- Will I be able to find a job in Hofn?
- What is life like as an expat in your area?
- What do people like (and dislike) about Hofn?
- What type of social life can someone expect in Hofn?
- What is the social scene like in Hofn?
- What advice to expats in Hofn have about housing?
- What are medical services in Hofn like?
- Are healthcare and health insurance expensive in Hofn?
- Is the cost of living in Hofn high?
- What are the visa & residency requirements in Hofn?
- Why do people move to Hofn?