What is the monthly cost of living (including rent) in Reykjavik for a person on their own?

What is the monthly cost of living (including rent) in Reykjavik for a person on their own?

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If you are wondering “what is the monthly cost of living (including rent) in Reykjavik for a person on their own?”, you have entered the right site. It depends on a lot of different factors to clarify what the monthly cost of living is, but we will try to give you a summary of the cost below.

On average, it costs a single person about 7,204.52 kr without rent. Besides that you have to pay a monthly rent for an apartment. The price of the monthly rent depends on the area you are going to live in. Reykjavik is the capital and largest city of Iceland, which has an impact on the level of the monthly rent. 

The center of the city is an expensive area and the monthly rent for a furnished one bedroom apartment is about 203,074.07 kr. But you can get the same apartment for about 165,517.24 kr., if you are willing to move outside of the centre. Besides that, the size of the apartment affects the price as well – usually the bigger the apartment the higher the expenses.

On housingtarget.com you can get a comprehensive overview of apartments for rent in Reykjavik that are available at this very moment. We provide you with an upper hand in terms of a notification service that lets you know right away when anything that matches your criteria becomes available.

Read more about where you can find apartments for rent here: "Where to find apartments for rent?"