Moving to Iceland from Austria

moving to

What to Expect

A comprehensive look at what changes when you move from Austria to Iceland — from daily expenses to quality of life.

If you moved from Austria to Iceland, you would find that Iceland is 42.3% more expensive than Austria overall. A €65,700 salary in Austria would need to be roughly ISK15,101,174 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. Expect a noticeable climate shift — Reykjavik averages 45°F vs 58°F in Vienna, making it significantly cooler.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Austria to Iceland.

What does your salary buy?

€65,700 ISK15,101,174

To maintain the same standard of living in Iceland

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 25.1% more

Groceries

pay 22.5% more

Transportation

pay 36.6% more

Housing

pay 81.1% more

Childcare

pay 28.8% more

Entertainment and Sports

pay 58.0% more

See full cost of living breakdown
Exchange rate: 1 EUR = 143.42 ISK (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

Real numbers on people moving from Austria to Iceland, and how the trend has changed.

Moved in 2023
41 ↑ 24% vs 2022

people moved from Austria to Iceland · OECD (latest data available)

Who's moving to Iceland?

Top countries of origin for Iceland's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Austria and Iceland stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

AT
0.9
IS
1.1
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

AT
4.6
IS
2.4

Austria generally does better on safety, though Iceland leads in road traffic deaths.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

AT
$8,250
IS
$6,927
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

AT
55.1
IS
45.2

Iceland generally does better on health & wellbeing, though Austria leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

AT
17.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

AT
6.3t
IS
8.5t

Austria generally does better on environment, though Iceland leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

AT
29.6
IS
38.2
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

AT
8.7%
IS
0.4%

Iceland performs significantly better than Austria across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

AT
5.2%
IS
3.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

AT
$64,600
IS
$66,500

Iceland performs significantly better than Austria across all employment & economy metrics.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

AT
82.3 yrs
IS
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

AT
3.2
IS
1.6

Iceland performs significantly better than Austria across all family life metrics.

Data: Federal Ministry of Finance, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Vienna Rain: 24.4 in/yr (620 mm)
58° / 44°F

Avg. annual high / low

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Months Vienna Reykjavik
Jan–Mar 43°/31°F (6°/0°C) 37°/28°F (3°/-2°C)
Apr–Jun 67°/50°F (20°/10°C) 48°/38°F (9°/4°C)
Jul–Sep 75°/58°F (24°/14°C) 54°/45°F (12°/7°C)
Oct–Dec 48°/37°F (9°/3°C) 39°/31°F (4°/-1°C)
View all months
Month Vienna Reykjavik
Jan 37°/28°F (2.9°/-2.0°C) 35°/27°F (1.9°/-3.0°C)
Feb 41°/30°F (5.1°/-0.9°C) 37°/28°F (2.8°/-2.1°C)
Mar 51°/36°F (10.3°/2.4°C) 38°/28°F (3.2°/-2.0°C)
Apr 59°/42°F (15.2°/5.8°C) 42°/33°F (5.7°/0.4°C)
May 69°/51°F (20.5°/10.5°C) 49°/38°F (9.4°/3.6°C)
Jun 74°/56°F (23.4°/13.5°C) 53°/44°F (11.7°/6.7°C)
Jul 78°/60°F (25.6°/15.4°C) 56°/47°F (13.3°/8.3°C)
Aug 78°/60°F (25.4°/15.3°C) 55°/46°F (13.0°/7.9°C)
Sep 69°/53°F (20.3°/11.7°C) 50°/41°F (10.1°/5.0°C)
Oct 58°/45°F (14.2°/7.0°C) 44°/36°F (6.8°/2.2°C)
Nov 46°/36°F (7.5°/2.4°C) 38°/30°F (3.4°/-1.3°C)
Dec 39°/31°F (4.0°/-0.5°C) 36°/27°F (2.2°/-2.8°C)

Data: GeoSphere Austria GeoSphere Austria, Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Austria and Iceland. To live, work, or study long-term in Iceland, you'll need a separate residence or work visa — check Iceland's immigration authority.

Austria passport

Austria passport holder visiting Iceland

Visa Free
Austria passport holders can enter Iceland without a visa.
Iceland passport

Iceland passport holder visiting Austria

Visa Free
Iceland passport holders can enter Austria without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Iceland than Austria?

Day-to-day costs in Iceland run about 60% higher than Austria on average; specific cities can swing further.

How much money do I need to move to Iceland?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a €65,700 comparable salary, that's around ISK3,775,294 in Iceland for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Iceland?

With 38.2 fixed broadband subscriptions per 100 people, Iceland can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Austria and Iceland.

Is Iceland safe for expats?

Austria generally does better on safety, though Iceland leads in road traffic deaths. The homicide rate in Iceland is 1.1 per 100,000 people, compared to 0.9 in Austria.

How is healthcare in Iceland compared to Austria?

Iceland generally does better on health & wellbeing, though Austria leads in doctors per 10,000 people. There are 45.2 doctors per 10,000 people in Iceland, compared to 55.1 in Austria. Iceland scores 89 on the WHO universal health coverage index (Austria: 85).

What's the weather like in Iceland compared to Austria?

The average high temperature in Reykjavik is 45°F, compared to 58°F in Vienna. Reykjavik receives around 31.4 in of rainfall per year, while Vienna gets 24.4 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Austria, the official language is German.

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At a Glance

AT IS
Population 8,913,088 357,603
Currency Euro (€) Icelandic Króna (ISK)
Languages German Icelandic
Driving side Right Right
Calling code +43 +354
Time zones 1 1
Emergency number 112 112