Moving to Portugal from Iceland

moving to

What to Expect

Considering a move from Iceland to Portugal? Here's how the two compare on cost, climate, safety, and more.

If you moved from Iceland to Portugal, you would find that Portugal is 38.7% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly €33,023 in Portugal to maintain the same lifestyle, and you’d need to navigate life in Portuguese. Expect a noticeable climate shift — Lisbon averages 69°F vs 45°F in Reykjavik, making it significantly warmer.

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How Far Will Your Money Go?

A breakdown of how everyday costs differ between Iceland and Portugal.

What does your salary buy?

ISK9,423,000 €33,023

To maintain the same standard of living in Portugal

Calculate with your salary →

How key spending categories compare

Restaurants

pay 48.2% less

Groceries

pay 45.7% less

Transportation

pay 38.1% less

Housing

pay 31.3% less

Childcare

pay 6.4% less

Entertainment and Sports

pay 57.2% less

See full cost of living breakdown
Exchange rate: 1 ISK = 0.007 EUR (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?

What the data shows about people moving from Iceland to Portugal.

Living there in 2020
30 ↑ 7% vs 2015

people born in Iceland live in Portugal · UN DESA

Who's moving to Portugal?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

The numbers behind daily life in Portugal compared to Iceland.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IS
1.1
PT
0.8
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

IS
2.4
PT
7.2

Iceland generally does better on safety, though Portugal leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IS
$6,927
PT
$4,928
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IS
45.2
PT
57.7

Portugal generally does better on health & wellbeing, though Iceland leads in health coverage index.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

IS
8.0
PT
10.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IS
8.5t
PT
3.3t

Iceland generally does better on environment, though Portugal leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IS
38.2
PT
43.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IS
0.4%
PT
12.3%

Iceland generally does better on infrastructure, though Portugal leads in broadband per 100 people.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IS
3.6%
PT
6.5%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IS
$66,500
PT
$41,700

Iceland performs better than Portugal across all employment & economy metrics.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IS
83.6 yrs
PT
81.5 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IS
1.6
PT
2.5

Iceland performs better than Portugal across all family life metrics.

Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

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

Avg. annual high / low

Lisbon Rain: 29.6 in/yr (751 mm)
69° / 55°F

Avg. annual high / low

Months Reykjavik Lisbon
Jan–Mar 37°/28°F (3°/-2°C) 61°/48°F (16°/9°C)
Apr–Jun 48°/38°F (9°/4°C) 71°/56°F (22°/13°C)
Jul–Sep 54°/45°F (12°/7°C) 81°/63°F (27°/17°C)
Oct–Dec 39°/31°F (4°/-1°C) 65°/53°F (18°/12°C)
View all months
Month Reykjavik Lisbon
Jan 35°/27°F (1.9°/-3.0°C) 58°/47°F (14.5°/8.2°C)
Feb 37°/28°F (2.8°/-2.1°C) 60°/48°F (15.6°/9.0°C)
Mar 38°/28°F (3.2°/-2.0°C) 64°/50°F (17.6°/9.9°C)
Apr 42°/33°F (5.7°/0.4°C) 66°/52°F (19.1°/11.1°C)
May 49°/38°F (9.4°/3.6°C) 71°/55°F (21.7°/13.0°C)
Jun 53°/44°F (11.7°/6.7°C) 77°/60°F (24.8°/15.6°C)
Jul 56°/47°F (13.3°/8.3°C) 81°/63°F (27.4°/17.4°C)
Aug 55°/46°F (13.0°/7.9°C) 82°/64°F (27.9°/17.7°C)
Sep 50°/41°F (10.1°/5.0°C) 80°/63°F (26.4°/17.0°C)
Oct 44°/36°F (6.8°/2.2°C) 72°/58°F (22.4°/14.6°C)
Nov 38°/30°F (3.4°/-1.3°C) 64°/52°F (17.8°/11.2°C)
Dec 36°/27°F (2.2°/-2.8°C) 59°/48°F (14.8°/8.9°C)

Data: Icelandic Meteorological Office Icelandic Meteorological Office, Instituto Português do Mar e da Atmosfera Instituto Português do Mar e da Atmosfera

Visitor Visa Requirements

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

Iceland passport

Iceland passport holder visiting Portugal

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

Portugal passport holder visiting Iceland

Visa Free
Portugal passport holders can enter Iceland 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 Portugal than Iceland?

On average Portugal is about 50% less expensive than Iceland, with major cities narrowing the gap.

How much money do I need to move to Portugal?

Budget about €8,256 for 3 months in Portugal (based on a ISK9,423,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Portugal?

Connectivity is usually fine (Portugal: 43.5 fixed broadband per 100). What actually decides it is legal: does Portugal offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Portugal safe for expats?

Iceland generally does better on safety, though Portugal leads in homicide rate. The homicide rate in Portugal is 0.8 per 100,000 people, compared to 1.1 in Iceland.

How is healthcare in Portugal compared to Iceland?

Portugal generally does better on health & wellbeing, though Iceland leads in health coverage index. There are 57.7 doctors per 10,000 people in Portugal, compared to 45.2 in Iceland. Portugal scores 88 on the WHO universal health coverage index (Iceland: 89).

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

The average high temperature in Lisbon is 69°F, compared to 45°F in Reykjavik. Lisbon receives around 29.6 in of rainfall per year, while Reykjavik gets 31.4 in.

What language do they speak in Portugal?

The official language in Portugal is Portuguese. In Iceland, the official language is Icelandic.

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At a Glance

IS PT
Population 357,603 10,242,081
Currency Icelandic Króna (ISK) Euro (€)
Languages Icelandic Portuguese
Driving side Right Right
Calling code +354 +351
Time zones 1 2
Emergency number 112 112