LifeCost Blog
Reykjavík - Zonas Residenciales

Reykjavík - Zonas Residenciales

Island

Updated on August 25, 2025

Overview

Reykjavík's residential areas offer peaceful living in one of Europe's cleanest and safest capitals. With a population of 138,772 in 2025, these suburban areas combine proximity to urban services with a more relaxed and family-friendly environment.

Average cost of living€4,245.00
Quality of Life95/100

Accommodation

Rent room (flat-share)€750.00
1-bed flat (center)€1,400.00
1-bed flat (outside)€1,100.00
3-bed flat (center)€2,200.00
3-bed flat (outside)€1,700.00

Utilities

Basic utilities€180.00
Internet€45.00
Mobile plan€35.00

Transportation

One-way ticket€4.50
Monthly pass€85.00
Taxi start€8.00
Gasoline (1 l)€1.65

Leisure

Cinema ticket€14.00
Fitness club€80.00

Education

Preschool (month)€350.00
Intl. primary (year)€1,200.00

Buying House

sqm in city center€4,500.00
sqm outside center€3,200.00

Advantages

  • Excellent quality of life and safety
  • Clean air and privileged natural environment
  • High-quality education and healthcare systems
  • Strong and cohesive local community
  • Access to unique outdoor activities

Disadvantages

  • × Very high cost of living
  • × Cold climate and prolonged winter darkness
  • × Limited job opportunities outside Reykjavík
  • × Geographic isolation
  • × High prices for imported goods