• Hi all,

    I maybe got the opportunity to work/live in Iceland/Reykjavik.
    I am still waiting for a final offer, but I already want to do some research on the living expenses.

    Could you give me an estimate of expenses ( rent, tax, food, ... ) and maybe some useful sites for me for searching apartments?

    You help is much appreciated :)

    Kind regards,
    Robb
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    Just to warn you that the rental situation in Reykjavik down town is a war zone. Very difficult to find a room/apartment that is ok and doesn't cost a limb.
    But from what I've seen is that the going price for a rented room in a shared flat is between 50-60 thousand ISK per month, depends on the size of the room. Sometimes electricity, heat and internet is included, but not always.

    Taxes depend on how much you earn, if you're pay is under 230.000 per month then you pay 22,9% in taxes.

    As for estimate on how much you spend on food, I can't really help you there, I'm terrible in that area and spend way too much since I rarely cook :S haha but that's just me. You can live way cheaper then me if you put yourself to it and only eat rice and noodles.

    As for finding apartments, www.bland.is has many advertising places for rent but the site is all in Icelandic.

    Otherwise I can recommend you to like this page: https://www.facebook.com/pages/ESN-Reykjavik/120940034703394?fref=ts
    There you can get in touch with several exchange students living in Reykjavík, and they sometimes have info on a free room in their houses where they are renting.
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    Thank you for the information Anna. Very kind of you :)

    Any idea why the rental situation is so bad ?
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    Mostly because there's shortage of proper places. So people are greedy and demanding way to high rent for their piece of shit apartment.
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    Sounds recognizable, hehe

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