Reykjavik

© Andreas Tille - Wikipedia

Life quality score

City ranking

Housing

4
227/263
Details
Large apartment$2019.76
Medium apartment$1640.84
Rent index [score]0.47
Small apartment$1261.93

Cost of Living

1
257/261
Details
5km taxi ride$17.00
A Cappuccino$4.70
A beer$3.00
A kilogram of Apples$3.10
Bread$1.40
Inflation [score]0.10
Lunch$18.00
Monthly fitness club membership$73.00
Monthly public transport$100.00
Movie ticket$13.00
Price of a meal at a restaurant$119.01

Startups

3
192/260
Details
Average monthly increase in number of startups2
Average monthly increase in number of startups [score]0.20
Coworking spaces [score]0.32
Coworking spaces on WorkFrom.co4
Meetups [score]0.12
Meetups groups9
Meetups members712
Number of investors4
Number of startup events in the last 12 months17
Startup climate scene [score]0.29
Startup events1
Startups [score]0.46
Total number of startups89

Venture Capital

4
91/228
Details
Funding accelerator namesStartupReykjavik
Number of funding accelerators1
Venture capital [score]0.42

Travel Connectivity

1
241/260
Details
Airport hub36
Airport hub [score]0.22

Commute

5
69/260
Details
Traffic handling [score]0.85

Business Freedom

9
22/259
Details
Business freedom90.10
Business freedom [score]0.97
Freedom from corruption79.00
Freedom from corruption [score]0.86
Lack of labor restrictions61.60
Lack of labor restrictions [score]0.48
Time to open a business3.50
Time to open a business [score]0.98

Safety

9
54/264
Details
Crime rate [score]0.87
Gun-related deaths per 100,000 residents per year1
Guns per 100 residents30
Lack of gun related deaths [score]0.97
Lack of guns [score]0.86
Lack of guns and gun-related deaths [score]0.91

Healthcare

8
57/260
Details
Healthcare expenditure [score]0.70
Healthcare quality [score]0.78
Life expectancy (years)82.65
Life expectancy [score]0.96

Education

5
128/230
Details
Best university in rankingUniversity of Iceland
Best university ranking225
Country mean scores in PISA math test496.44
Country mean scores in PISA reading test482.52
Country mean scores in PISA science test478.15
PISA math ranking (high school)23
PISA ranking31
PISA ranking (high school) [score]0.80
PISA reading (high school)34
PISA science (high school)36
Percent of happy students0.87
Percent of low performers in PISA math test0.21
Percent of low performers in PISA reading test0.21
Percent of low performers in PISA science test0.24
Percent of top performers in PISA math test0.11
Percent of top performers in PISA reading test0.06
Percent of top performers in PISA science test0.05
University quality [score]0.13

Environmental Quality

9
34/264
Details
Air quality [score]0.91
Cleanliness [score]0.83
Drinking water quality [score]0.92
Urban greenery [score]0.80

Economy

5
142/258
Details
Currency for urban areaISK
GDP growth rate0.02
GDP growth rate [score]0.36
GDP per capita$43637.27
GDP per capita [score]0.69

Taxation

4
147/260
Details
Effective company profit tax rate on payouts as dividends [score]0.79
Income tax level [score]0.10
Profit tax (% of profit)0.30
Time overhead to file company taxes140
VAT (Sales Tax)0.24

Internet Access

7
42/263
Details
Download speed (Mbps)29.14
Internet access (download) [score]0.70
Internet access (upload) [score]0.67
Upload speed (Mbps)18.41

Leisure & Culture

5
173/263
Details
Art galleries83
Art galleries [score]0.52
Cinemas35
Cinemas [score]0.41
Comedy clubs35
Comedy clubs [score]0.64
Concert venues80
Concerts [score]0.62
Historical sites25
Historical sites [score]0.53
Museums71
Museums [score]0.48
Performing art venues65
Performing arts [score]0.47
Sport venues65
Sports [score]0.54
Zoos8
Zoos [score]0.58

Tolerance

6
154/264
Details
LGBT Equality Index91.88
LGBT Equality Index [score]0.94
LGBT adoption rights✔ Legal
LGBT age of consent✔ Equal
LGBT blood donation regulations✖ Banned (indefinite deferral)
LGBT conversion therapy regulationsAmbiguous
LGBT discrimination legality✔ Illegal
LGBT employment discrimination legality✔ Sexual orientation and gender identity
LGBT gender changing rights✔ Legal, but requires surgery
LGBT homosexuality rights✔ Legal
LGBT housing discrimination legality✔ Sexual orientation and gender identity
LGBT marriage rights✔ Legal
Tolerance towards minorities [score]0.25

Outdoors

5
120/260
Details
Elevation (hills or mountains) [score]0.24
Median peak in meters483.50
Presence of hills in city1.00
Presence of mountains in city1.00
Seaside access1.00
Urban area elevation (meters)61.00
Water access [score]0.73
Sign up to get a free city matchscore based on your personal preferences
Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

Costs of living

Costs of living in Reykjavík are in the most expensive 10 percent of all 261 Teleport cities. Average living expenses are significantly higher compared to other cities, especially in the housing market. Moving to Reykjavík will very likely increase your daily costs of living. Sign up for free to get access to our cost of living index and use our international  cost of living calculator to do cost comparison by city.

Housing costs (USD)

$1,075$1,449
$1262
Median rent for
apartments in city center

Daily living costs (USD)

Monthly fitness club membership$73
Movie ticket$13
Broadband internet connection$58
Monthly public transport$100
Lunch$18
+13%
compared to
San Francisco
See more prices and detailed cost of living data in Reykjavik

Job salary calculator

Software Engineer salaries in Reykjavik are very high. For this job type, Reykjavik ranks 19th for salaries among 264 cities. Get access to our salary comparison calculator by signing up. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Reykjavik.

Estimated annual salary (in USD)

$81,186
Median salary
See more details and salary rankings for all job types in Reykjavik

Looking for a job in Reykjavik?

Let the job find you

Let the jobs come to you! Sign up with your email and we’ll start working on getting job offers from Reykjavik  delivered to you. It's free. No strings attached. You can unsubscribe anytime.


What kind of job are you looking for?

WHAT KIND OF JOB ARE YOU LOOKING FOR?
EMAIL ADDRESS
Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

Safety

Gun crimes & Ownership

30.30
Guns per 100 people
1.25
Gun deaths per 100k people / year
HIGH GUN CRIMELOW GUN CRIMEFEW GUNSMANY GUNS
North America
Europe
Asia
South America
Africa
Oceania

Overall crime rate city ranking

The overall crime rate puts Reykjavik in position 39 of 264 Teleport Cities in a ranking for the safest cities.

WORSTBEST

Visa

For visits up to 90 days

Required with citizenship of
Get more information about visas in Reykjavik here
Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

Explore the streets of Reykjavik

People in Reykjavik

Friends living in Reykjavik

Find out which of your friends are living in Reykjavik. Nothing is better than knowing a local 😉

Climate

Average day length (hours)

13.6

Climate type

Marine West Coast

Average daily maximum temperature

Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started
Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

On living in Reykjavik

Reykjavík (/ˈrkjəvɪk, -vk/ RAYK-yə-vik, RAYK-yə-veek; Icelandic: [ˈreiːcaˌviːk]) is the capital and largest city of Iceland. It has a latitude of 64°08' N, making it the world's northernmost capital of a sovereign state, and is a popular tourist destination. It is located in southwestern Iceland, on the southern shore of Faxa Bay. With a population of around 130,000 (and over 200,000 in the Capital Region), it is the heart of Iceland's cultural, economic and governmental activity.

Reykjavík is believed to be the location of the first permanent settlement in Iceland, which, according to Ingólfur Arnarson, was established in AD 874. Until the 19th century, there was no urban development in the city location. The city was founded in 1786 as an official trading town and grew steadily over the next decades, as it transformed into a regional and later national centre of commerce, population, and governmental activities. It is among the richest, cleanest, greenest, and safest cities in the world.

Read more