Keflavik, Iceland
Capital City

Follows Iceland Residency Rules. Check Digital Nomad & Retiree Pathways →
Est. Monthly Cost (1 Person)
$2861
Retiree Score
43.0
Safety Index
74.3
Healthcare
1 facilities

With a population of just 23,329, Keflavik is a sleepy Icelandic town far removed from the glitz of Reykjavik. The local geography is dominated by bleak fields of basalt rubble, a harsh landscape that mirrors the town's chilly subpolar climate. Winters are moderately cold, with average highs barely scraping above freezing, while summers offer only mild relief with highs around 14°C. Bureaucracy is a persistent headache here, as the town's origins as a Scottish fishing outpost have left a legacy of red tape.

Keflavik is best suited for those drawn to Iceland's rugged natural beauty and tranquil small-town pace of life, rather than urban sophistication. The lack of nightlife and cultural attractions means this town is unlikely to satisfy thrill-seekers or culture vultures.

Can I afford Keflavik?

$

You could save

$230 / month

Savings Rate8%
Rent $1329
Living Costs $1442
74
Safety
1
Healthcare
100
Walkability
20
Nomad

Grocery Basket

Milk (1L)$2
Bread (loaf)
Eggs (12)$6
Rice (1kg)
Chicken (1kg)

Eating Out

Meal (Inexpensive)$24
Meal (Mid-range)$173
Cappuccino$4
Water (0.33L)

Utilities & Lifestyle

Utilities (mo)$86
Mobile Plan (mo)$32
Gym (mo)$81
Cinema Ticket$18

Housing

1BR Center (mo)$1329
1BR Outside (mo)
3BR Center (mo)$2013
3BR Outside (mo)

Expat Life

English Proficiency
Expat Community
Top Neighborhoods
Elevation
21m
Nearest Airport
KEF (4km)

Local Economy

Avg Monthly Salary
$3704
Mortgage Interest Rate
8.74%

🌐 Infrastructure & Lifestyle

Avg Internet
Temperature
Annual Rainfall
1422 mm
Coworking Spaces
Best Months to Visit
May, Jun, Jul, Aug

Share This Guide