Iceland
- Capital
- Reykjavik
- Region
- Northern Europe
- Population, 2025
- 392,000
- Currency
- ISK
- Area
- 103,000 km²
Across Iceland's 13 priced cities, one person needs about $3,996 a month, rent included; the average net salary is $4,687.
Livability
The same seven domains as for cities, scored at country level; safety falls back to the homicide rate where Numbeo has no survey.
68out of 100
- Purchasing power25%67
- Safety20%75
- Health care15%69
- Climate10%69
- Air quality10%100
- Connectivity10%93
- Cost10%2
How each domain is scored
- Purchasing power, 25%
- What a local net salary buys against local prices, as a percentile.
- Safety, 20%
- Numbeo safety index for the city, or for its country when the city has no survey.
- Health care, 15%
- Numbeo health care index, city first, then country.
- Climate, 10%
- Numbeo climate index where surveyed, otherwise a comfort score from NASA climate normals.
- Air quality, 10%
- 30-day mean US AQI on a 0-100 scale: 100 at AQI 25 or cleaner, 0 at 150 or worse.
- Connectivity, 10%
- Percentile of median fixed broadband download speed, city first, then country.
- Cost, 10%
- Cheaper places score higher: the percentile of the cost-of-living plus rent index, inverted.
- Livability rank among countries
- #18
What it costs
Averages over the country’s cities, weighted by population. New York = 100.
Cost of living index
99.3
New York = 100, rent excluded
Rent index
48.6
New York = 100
Purchasing power
134.0
New York = 100
One person
$3,996
A month, rent included
Net salary
$4,687
Average, a month after tax
Rent, one bedroom in the centre
$2,506
A month
Economy
World Bank development indicators; each figure is the latest year with data.
GDP per person
$98,323
2025
Growth
+1.3%
2025
Unemployment
3.6%
2025
Inflation
4.1%
2025
Life expectancy
82.8 years
2024
Internet users
98%
2024
Taxes
Headline rates side by side from three references, with the source of each.
- Top income tax rate
- 31.4%
- SourcePwC
- Lowest income tax rate
- 31.5%
- SourceWikipedia
- Corporate tax
- 20%
- SourcePwC
- VAT or sales tax
- 24%
- SourcePwC
- Capital gains, individuals
- 22%
- SourcePwC
- Social security, employee
- 4%
- SourceTrading Economics
- Social security, employer
- 6.4%
- SourceTrading Economics
- Inheritance tax
- 10%
- SourceWikipedia
Headline statutory rates as of Sep 2026; brackets, allowances and regional taxes change what a given person pays.
Safety and internet
Numbeo’s crime survey, the World Bank homicide series and the Speedtest Global Index.
Safety
- Safety indexNumbeo, higher is safer
- 74.5
- Crime indexNumbeo, lower is better
- 25.5
- HomicidesPer 100,000 people, 2023
- 1.3
Internet
- Fixed downloadMbps, median, #12 worldwide
- 283
- Mobile downloadMbps, median
- —
- Change in a yearFixed download speed
- +8%
Cities in Iceland
Sort by any column. Livability and cost use the same scales as every city page.
| 1Reykjavik | 66 | 99.3 | $2,506 | $4,687 | 134.0 | 118.9K | High confidence, 89 contributors |
| 2Gardabaer | 63 | — | — | — | — | 11.4K | Low confidence, 1 contributors |
| 3Selfoss | 63 | — | — | — | — | 9K | Low confidence, 0 contributors |
| 4Egilsstadir | 63 | — | — | — | — | — | Low confidence, 1 contributors |
| 5Ísafjörður (Isafjordur) | 63 | — | — | — | — | — | Low confidence, 1 contributors |
| 6Husavik | 63 | — | — | $4,640 | — | — | Low confidence, 0 contributors |
| 7Reykjahlid | 63 | — | — | — | — | — | Low confidence, 0 contributors |
| 8Bolungarvik | 63 | — | — | — | — | — | Low confidence |
| 9Hafnir | 63 | — | — | — | — | — | Low confidence |
| 10Hallormsstadur | 63 | — | — | — | — | — | Low confidence |
| 11Drangsnes | 60 | 98.2 | — | $6,190 | 183.9 | — | Low confidence, 1 contributors |
| 12Kopavogur | 59 | 90.4 | — | $5,356 | 164.0 | 40K | Medium confidence, 8 contributors |
| 13Akranes | 58 | 93.7 | $3,049 | $5,768 | 148.0 | 7.4K | Medium confidence, 7 contributors |
| 14Keflavik | 58 | 86.1 | $1,895 | $3,790 | 135.9 | 15.9K | Medium confidence, 9 contributors |
| 15Hafnarfjörður (Hafnarfjorour) | 58 | 93.0 | $2,476 | $4,746 | 140.1 | 31.5K | Medium confidence, 7 contributors |
| 16Akureyri | 54 | 88.5 | $1,813 | — | — | 19.2K | Low confidence, 3 contributors |
| 17Blonduos | 53 | 98.2 | — | — | — | — | Low confidence, 0 contributors |
| 18Hella | 53 | 98.2 | — | — | — | — | Low confidence, 0 contributors |
| 19Hverageroi | 53 | 98.2 | — | — | — | — | Low confidence, 0 contributors |
| 20Kirkjubaejarklaustur | 53 | 98.2 | — | — | — | — | Low confidence, 0 contributors |
| 21Stokkseyri | 53 | 98.2 | — | — | — | — | Low confidence, 0 contributors |
| 22Grundarfjordur | 53 | 98.2 | — | — | — | — | Low confidence, 1 contributors |