Reykjavik

Life quality score

City ranking

Housing

4
229/265
Details
Large apartment$2000.00
Medium apartment$1700.00
Rent index [score]0.40
Small apartment$1300.00

Cost of Living

1
246/250
Details
5km taxi ride$17.00
A Cappuccino$5.10
A beer$3.00
A kilogram of Apples$3.50
Bread$2.10
Inflation [score]0.10
Lunch$19.00
Monthly fitness club membership$80.00
Monthly public transport$110.00
Movie ticket$12.00
Price of a meal at a restaurant$129.64

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]0.31
Coworking spaces on WorkFrom.co4
Meetups [score]0.12
Meetups groups9
Meetups members794
Number of investors4
Number of startup events in the last 12 months20
Startup climate scene [score]0.29
Startup events6
Startup events [score]0.28
Startups [score]0.46
Total number of startups86

Venture Capital

4
101/227
Details
Funding accelerator namesStartupReykjavik
Number of funding accelerators1
Venture capital [score]0.40

Travel Connectivity

1
246/265
Details
Airport hub36
Airport hub [score]0.23

Commute

6
57/252
Details
Traffic handling [score]0.89

Business Freedom

9
22/263
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
49/265
Details
Crime rate [score]0.89
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]0.85
Lack of guns and gun-related deaths [score]0.91

Healthcare

8
56/264
Details
Healthcare expenditure [score]0.69
Healthcare quality [score]0.78
Life expectancy (years)82.65
Life expectancy [score]0.96

Education

4
156/239
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 ranking28
PISA ranking (high school) [score]0.68
PISA reading (high school)24
PISA science (high school)28
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

8
35/265
Details
Air quality [score]0.91
Cleanliness [score]0.82
Drinking water quality [score]0.91
Urban greenery [score]0.76

Economy

5
143/262
Details
Currency exchange rate per US dollar for urban area111.90
Currency for urban areaISK
GDP growth rate0.02
GDP growth rate [score]0.36
GDP per capita$43637.27
GDP per capita [score]0.70

Taxation

4
151/265
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

8
17/265
Details
Download speed (Mbps)44.63
Internet access (download) [score]0.88
Internet access (upload) [score]0.67
Upload speed (Mbps)20.73

Leisure & Culture

5
166/264
Details
Art galleries83
Art galleries [score]0.51
Cinemas35
Cinemas [score]0.41
Comedy clubs36
Comedy clubs [score]0.64
Concert venues80
Concerts [score]0.62
Historical sites24
Historical sites [score]0.52
Museums73
Museums [score]0.49
Performing art venues65
Performing arts [score]0.47
Sport venues65
Sports [score]0.54
Zoos9
Zoos [score]0.58

Tolerance

9
15/265
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 regulations✖ Not banned
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]0.92

Outdoors

5
128/265
Details
Elevation (hills or mountains) [score]0.22
Median peak in meters485.00
Presence of hills in city1.00
Presence of mountains in city1.00
Seaside access1.00
Urban area elevation (meters)61.00
Water access [score]0.72
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Costs of living

Costs of living in Reykjavík are in the most expensive 10 percent of all 250 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)

$1,100$1,500
$1300
Median rent for
apartments in city center

Daily living costs (USD)

Monthly fitness club membership$80
Movie ticket$12
Broadband internet connection$58
Monthly public transport$110
Lunch$19
+22%
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 22nd for salaries among 265 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)

$81,507
Median salary
See more details and salary rankings for all job types in Reykjavik

Locals review Reykjavik

Do locals recommend living in Reykjavik?

What could Reykjavik do better?#improveReykjavik

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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 265 Teleport Cities in a ranking for the safest cities.

WORSTBEST
See more details on gun crime and safety in Reykjavik

Visa

For visits up to 90 days

Required with citizenship of
Get more information about visas in Reykjavik here
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Explore the streets of Reykjavik

People in Reykjavik

Population of Reykjavik

216,900
94 /km²
261/264
Density (people per unit of area)
6%
Growth in 2015-2020
Reykjavik

Demographics of Iceland

Median age
36
Elderly people
14%
Life expectancy at birth
83
GDP per capita (in USD)
$43,637
121/262
Unemployment
4%
28/263

Languages

Common spoken languages
Icelandic

Friends living in Reykjavik

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

Teleport Users  X  Reykjavik

Teleport users who are      Reykjavik

Work in:

Software Engineer
12.50%
Web Developer
4.17%
Marketing Manager
3.57%
Data Scientist
2.98%
Founder
2.98%
Web Designer
2.98%
Content Marketing
1.79%
Other
69.05%

Come from:

Climate

Average day length (hours)

13.6

Climate type

Marine West Coast

Average daily maximum temperature

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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 123 300 (and over 216 940 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 cleanest, greenest, and safest cities in the world.

Read more

Good Country Index

Every city comes with a country. How is this one doing in terms of giving back to the global community? Our friends at The Good Country Index measure what each country on earth contributes to the common good of humanity, and what it takes away, relative to its size.

Overall ranking

Iceland
26th from a total of 163 countries

World Order

28th

Refugees hosted

Refugees generated

Charity giving

Birth rate

UN Treaties signed

International Peace & Security

112nd

Dues in arrears to UN peace keeping budgets

International violent conflict

Peacekeeping troops

Arms exports

Internet security (2014)

Planet & Climate

1st

Ecological footprint

Reforestation since 1992

Hazardous pesticides exports

CO2 emissions

Ozone

Prosperity & Equality

108th

Development assistance

FDI outflows

Fairtrade market size

UN volunteers abroad

Open trading

Culture

37th

Freedom of movement

Press freedom

Creative services exports

UNESCO dues in arrears as % of contribution

Creative goods exports

Science & Technology

19th

Nobel prizes

Patents

Journal exports

International publications

International Students

Health & Wellbeing

46th

Pharmaceutical exports

Voluntary excess donations to the WHO

Food aid

Humanitarian aid donations

International Health Regulations Compliance

See details ▽

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