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Europe & Central Asia

Living in Iceland

Among the 116 countries we cover, Iceland stands out most for safety and healthcare. Its weakest dimension is affordability.

Capital
Reykjavik
Population
392.4K (2025)
World Bank income group
High income

Key figures

Price level (US = 100)
118Lower means cheaper than the US · 2025
Life expectancy (years)
82.8At birth · 2024
Homicides per 100,000 people
1.3Per 100,000 people per year · 2023
People using the internet
98.2%Share of the population · 2024

Scores by dimension

0–100, relative to the 116 countries we cover (100 = best in our set).

Affordability
1 / 100
Safety
86 / 100
Healthcare
87 / 100
Governance
86 / 100
Civil freedoms
87 / 100
Digital access
97 / 100
Economy
90 / 100
  • Affordability#115 of 116
  • Safety#7 of 116
  • Healthcare#7 of 116
  • Governance#12 of 116
  • Civil freedoms#15 of 116
  • Digital access#9 of 116
  • Economy#13 of 116

The underlying data

Indicators for Iceland, with the year each value refers to
IndicatorValueYear
Price level (US = 100)WDI · NY.GDP.PCAP.CD / NY.GDP.PCAP.PP.CD1182025
GDP per personWDI · NY.GDP.PCAP.CDUS$98,3232025
GDP per person, adjusted for prices (PPP)WDI · NY.GDP.PCAP.PP.CDInt$83,4312025
Unemployment rateWDI · SL.UEM.TOTL.ZS3.6%2025
Inflation (consumer prices)WDI · FP.CPI.TOTL.ZG4.1%2025
Life expectancy (years)WDI · SP.DYN.LE00.IN82.82024
Doctors per 1,000 peopleWDI · SH.MED.PHYS.ZS4.42023
Health spending per personWDI · SH.XPD.CHEX.PC.CDUS$7,6422024
Homicides per 100,000 peopleWDI · VC.IHR.PSRC.P51.32023
People using the internetWDI · IT.NET.USER.ZS98.2%2024
Political stability (0–100)WGI · GOV_WGI_PV.SC892025
Rule of law (0–100)WGI · GOV_WGI_RL.SC852025
Government effectiveness (0–100)WGI · GOV_WGI_GE.SC842025
Control of corruption (0–100)WGI · GOV_WGI_CC.SC852025
Voice and accountability (0–100)WGI · GOV_WGI_VA.SC832025
PopulationWDI · SP.POP.TOTL392.4K2025

Sources: World Bank World Development Indicators (updated July 13, 2026) and Worldwide Governance Indicators (updated September 25, 2026), CC BY 4.0. We show the most recent year available for each figure. How we score

Iceland: common questions

Is Iceland expensive to live in?

The World Bank price level for Iceland is 118 (US = 100) in 2025, which places it #115 of 116 countries for affordability in our data. This is a national average. Big cities, housing and imported goods can cost much more.

How safe is Iceland?

Iceland recorded 1.3 intentional homicides per 100,000 people (2023). Its World Bank political stability score is 89 out of 100 (2025). National figures hide local differences, so check your government's current travel advice for specific areas.

What is healthcare like in Iceland?

Life expectancy at birth in Iceland is 82.8 years (2024). There are 4.4 doctors per 1,000 people (2023). Access for foreign residents depends on your visa, residency status and insurance, so confirm what coverage you'd be entitled to.

Do I need a visa to move to Iceland?

It depends on your citizenship, purpose and length of stay, and the rules change often. We don't give visa advice. Check the official immigration authority or embassy of Iceland for the current requirements.