Moving to Iceland from Minnesota

moving to

What to Expect

Everything you need to know before relocating from Minnesota to Iceland — costs, safety, healthcare, and practical first steps.

If you moved from Minnesota to Iceland, you would find that Iceland is 47.8% more expensive than Minnesota. A $75,000 salary in Minnesota would need to be roughly ISK17,049,234 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 56°F in Saint Paul, making it significantly cooler.

How Far Will Your Money Go?

What to expect for your wallet after moving from Minnesota to Iceland.

What does your salary buy?

$75,000 ISK17,049,234

To maintain the same standard of living in Iceland

Calculate with your salary →

Where you'll feel the difference day-to-day

Restaurants

pay 48.8% more

Groceries

pay 32.4% more

Transportation

pay 83.6% more

Housing

pay 36.5% more

Childcare

pay 18.8% less

Entertainment and Sports

pay 40.9% more

See full cost of living breakdown
Exchange rate: 1 USD = 125.53 ISK (June 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.

Get free moving quotes to Iceland

We've teamed up with a vetted network of international movers to help MyLifeElsewhere readers plan their move with confidence. Tell us about your move and get up to 5 free, no-obligation quotes in under 2 minutes.

  • ✅ Up to 5 quotes from screened movers
  • ✅ Licensed and insured providers only
  • ✅ 100% free — you choose who contacts you

Who Else Is Making This Move?

How many people actually move from Minnesota to Iceland, based on official data.

Moved in 2023
366

people moved from United States 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

Key indicators for anyone considering a move from Minnesota to Iceland.

How's the healthcare?

Adult obesity rate Centers for Disease Control and Prevention (PLACES), 2022

share of adults with obesity

MN
33.9%
IS
21.9%

Iceland performs significantly better than Minnesota across all health & wellbeing metrics.

Will I have good infrastructure?

Internet access US Census Bureau (American Community Survey), 2023

share of households with internet

MN
91.0%
IS
100.0%

Iceland performs significantly better than Minnesota across all infrastructure metrics.

What are the job prospects?

Unemployment rate Bureau of Labor Statistics, 2025

percentage of the labour force without work

MN
4.3%
IS
3.6%
GDP per capita Bureau of Economic Analysis, 2024

a broad measure of economic output per person

MN
$68,478
IS
$66,500

Minnesota generally does better on employment & economy, though Iceland leads in unemployment rate.

Is it good for families?

Life expectancy OECD Regional Demography, 2022

average years of life at birth

MN
79.1 yrs
IS
83.6 yrs

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

Data: Bureau of Economic Analysis, Bureau of Labor Statistics, Centers for Disease Control and Prevention (PLACES), OECD Regional Demography, US Census Bureau (American Community Survey)

What's the Climate Like?

Monthly averages — select a city to compare.

Saint Paul Rain: 28.5 in/yr (724 mm)
56° / 38°F

Avg. annual high / low

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

Avg. annual high / low

Months Saint Paul Reykjavik
Jan–Mar 32°/16°F (0°/-9°C) 37°/28°F (3°/-2°C)
Apr–Jun 69°/50°F (21°/10°C) 48°/38°F (9°/4°C)
Jul–Sep 79°/60°F (26°/16°C) 54°/45°F (12°/7°C)
Oct–Dec 43°/27°F (6°/-3°C) 39°/31°F (4°/-1°C)
View all months
Month Saint Paul Reykjavik
Jan 25°/9°F (-4.1°/-12.6°C) 35°/27°F (1.9°/-3.0°C)
Feb 30°/14°F (-1.3°/-9.9°C) 37°/28°F (2.8°/-2.1°C)
Mar 42°/26°F (5.5°/-3.6°C) 38°/28°F (3.2°/-2.0°C)
Apr 58°/39°F (14.7°/3.9°C) 42°/33°F (5.7°/0.4°C)
May 70°/50°F (21.2°/10.0°C) 49°/38°F (9.4°/3.6°C)
Jun 79°/60°F (26.0°/15.4°C) 53°/44°F (11.7°/6.7°C)
Jul 83°/65°F (28.5°/18.1°C) 56°/47°F (13.3°/8.3°C)
Aug 81°/62°F (27.1°/16.8°C) 55°/46°F (13.0°/7.9°C)
Sep 72°/53°F (22.2°/11.7°C) 50°/41°F (10.1°/5.0°C)
Oct 59°/40°F (14.8°/4.7°C) 44°/36°F (6.8°/2.2°C)
Nov 42°/28°F (5.6°/-2.4°C) 38°/30°F (3.4°/-1.3°C)
Dec 28°/14°F (-2.5°/-10.1°C) 36°/27°F (2.2°/-2.8°C)

Data: National Weather Service National Weather Service, Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between United States 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.

United States passport

United States passport holder visiting Iceland

Visa Free
United States passport holders can enter Iceland without a visa.
Iceland passport

Iceland passport holder visiting United States

Electronic Travel Authorisation
Iceland passport holders need an electronic travel authorisation (ETA) to enter United States.

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 Minnesota?

No — Iceland is on average about 81% more expensive than Minnesota. City-level variation matters.

How much money do I need to move to Iceland?

Plan for at least 3 months of living expenses — roughly ISK4,262,308 in Iceland on a $75,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Iceland?

Usually fine from major cities in Iceland. The harder questions are legal — digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.

How is healthcare in Iceland compared to Minnesota?

Iceland performs significantly better than Minnesota across all health & wellbeing metrics.

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

The average high temperature in Reykjavik is 45°F, compared to 56°F in Saint Paul. Reykjavik receives around 31.4 in of rainfall per year, while Saint Paul gets 28.5 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Minnesota, the official language is English.

Share this

At a Glance

IS
Population 5,303,925 357,603
Currency United States Dollar ($) Icelandic Króna (ISK)
Languages English Icelandic
Driving side Right Right
Calling code +1 +354
Time zones 11 1
Emergency number 911 112