Cost of Living in Vik, Iceland
Last updated on Jun 13, 2023
Summary: What is the cost of living in Vik, Iceland? Hear what expats, digital nomads and retirees living in Vik have to say about the cost of housing, health insurance and general living costs.
Is the cost of living in Vik high?
We asked people how much they someone comfortably live on in Vik, they wrote:
"The cost of living in Vik is considered to be 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 homes. Utilities such as electricity, heating, and internet are also quite costly. Groceries in Vik can be expensive as well, with imported goods being particularly high-priced. Eating out at restaurants is also a significant expense, with a meal at an inexpensive restaurant costing more than in many other countries. Transportation costs can also add up, with gasoline prices being high. However, the town is small enough that many residents can walk or bike to their destinations. Healthcare in Iceland is of high quality, but it comes at a high cost. However, residents are covered by a universal healthcare system, which mitigates some of these costs. Despite the high cost of living, many residents feel that the quality of life, safety, and natural beauty of Vik and Iceland as a whole make it worth the expense," remarked one expat in Iceland.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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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:
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- Is the cost of living in Vik high?
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