Expat Exchange
Free MembershipSign In

Cost of Living in Hofn, Iceland

By Joshua Wood, LPC

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.

Allianz Care
Allianz Care
Allianz Care
Allianz Care

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.

Answer this Question

Traveling MailboxTraveling Mailbox
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 MailboxTraveling Mailbox

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 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.

Traveling Mailbox
Traveling Mailbox

Traveling Mailbox lets you view your postal mail online anywhere and it's is affordable, simple, and flexible.
Learn More

Traveling MailboxTraveling Mailbox

Traveling Mailbox lets you view your postal mail online anywhere and it's is affordable, simple, and flexible.
Learn More

Contribute to Iceland Network Contribute
Help others in Iceland by answering questions about the challenges and adventures of living in Iceland.

Allianz Care
Allianz Care

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal