Cost of Living 2026
Apartment Rent Price in Iceland (2026)
Apartment Rent costs about $2024.62 per 1BR city center ($2024.62) in Iceland in 2026, about 186% above the $707.27 USD world average. It is the #2 most expensive of 85 countries tracked by imhere (cheapest: Pakistan, priciest: Singapore). Data updated 8 Aug 2026.
How much is a 1-bedroom apartment in Iceland?
A 1-bedroom apartment costs about $2024.62 per 1BR city center ($2024.62 USD) in Iceland in 2026.
Is a 1-bedroom apartment expensive in Iceland?
It is the #2 most expensive of the 85 countries tracked by imhere, about 186% above the $707.27 USD world average.
How much is that in US dollars?
A 1-bedroom apartment in Iceland is about $2024.62 per 1BR city center (local currency).
Which country has the cheapest apartment rent?
The cheapest in this comparison is Pakistan at about $112.80 USD.
Which country has the most expensive apartment rent?
The most expensive is Singapore at about $2572.67 USD.
How does the cost of living in Iceland compare?
The world average for a 1-bedroom apartment is about $707.27 USD and the median is $579.38 USD - a quick way to judge local living costs before you travel.
How do I find my hotel in Iceland old-town alleys?
With imhere photo navigation: one real photo per step plus a direction hint, no GPS needed.