Is the cost of living in Stykkisholmur high?
We asked people how much they someone comfortably live on in Stykkisholmur, they wrote...
"The cost of living in Stykkisholmur 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 properties. Utilities such as electricity, heating, and internet are also significant costs, although these can vary depending on usage and the specific property. Groceries and dining out can also be expensive, with prices for food and drink typically higher than in many other European countries. This is due to the fact that a lot of products have to be imported. Transportation costs can also add up, particularly if you own a car, as petrol prices are high. However, public transportation is available and is a more affordable option. Healthcare in Iceland is of a high standard, but it is not free. Residents pay a portion of their healthcare costs, but this is generally affordable. Overall, while the cost of living in Stykkisholmur can be high, wages in Iceland are also typically higher than in many other countries, which can help to offset these costs," wrote a member who made the move to Stykkisholmur, Iceland.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
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Is the cost of living in Stykkisholmur high?
If you live in Stykkisholmur, newcomers to Stykkisholmur would love to hear your answer to this question.