Moving to Iceland from Russia

moving to

What to Expect

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

If you moved from Russia to Iceland, you would find that Iceland is 3.0 times more expensive than Russia overall. A RUB6,400,000 salary in Russia would need to be roughly ISK27,300,000 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic.

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How Far Will Your Money Go?

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

What does your salary buy?

RUB6,400,000 → ISK27,300,000

To maintain the same standard of living in Iceland

Calculate with your salary →

How key spending categories compare

Restaurants

pay 3.2 times more

Groceries

pay 2.6 times more

Transportation

pay 2.5 times more

Housing

pay 4.0 times more

Childcare

pay 2.4 times more

Entertainment and Sports

pay 3.1 times more

See full cost of living breakdown
Exchange rate: 1 RUB = 1.43 ISK (October 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 Russia to Iceland.

Moved in 2023
58

people moved from Russia 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

The numbers behind daily life in Iceland compared to Russia.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

RU
6.8
IS
1.3
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

RU
90%
IS
91%

Iceland performs significantly better than Russia across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

RU
$3,204
IS
$6,927
Doctors per 10,000 people World Bank, 2023

affects wait times and access to care

RU
51.1
IS
43.7

Russia 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

RU
39.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

RU
14.0t
IS
8.5t

Iceland performs significantly better than Russia across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

RU
27.1
IS
37.5
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

RU
4.1%
IS
0.4%

Iceland performs significantly better than Russia across all infrastructure metrics.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

RU
2.1%
IS
3.6%
GDP per capita World Bank, 2025

a broad measure of economic output per person

RU
$17,547
IS
$98,323

Russia generally does better on employment & economy, though Iceland leads in gdp per capita.

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

RU
73.4 yrs
IS
82.8 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

RU
4.1
IS
2.1

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

Sources: World Bank (2017–2025), United Nations SDG Indicators (2019–2022), World Health Organization (2024), Federal Tax Service of Russia (2016), Directorate of Internal Revenue (2016). How we calculate this

What's the Climate Like?

Monthly averages — select a city to compare.

Moscow Rain: 27.2 in/yr (691 mm)
48° / 34°F

Avg. annual high / low

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

Avg. annual high / low

Months Moscow Reykjavik
Jan–Mar 27°/15°F (-3°/-10°C) 37°/28°F (3°/-2°C)
Apr–Jun 62°/45°F (17°/7°C) 48°/38°F (9°/4°C)
Jul–Sep 68°/52°F (20°/11°C) 54°/45°F (12°/7°C)
Oct–Dec 36°/26°F (2°/-3°C) 39°/31°F (4°/-1°C)
View all months
Month Moscow Reykjavik
Jan 21°/10°F (-6.3°/-12.3°C) 35°/27°F (1.9°/-3.0°C)
Feb 24°/12°F (-4.2°/-11.1°C) 37°/28°F (2.8°/-2.1°C)
Mar 35°/22°F (1.5°/-5.6°C) 38°/28°F (3.2°/-2.0°C)
Apr 51°/35°F (10.4°/1.7°C) 42°/33°F (5.7°/0.4°C)
May 65°/46°F (18.4°/7.6°C) 49°/38°F (9.4°/3.6°C)
Jun 71°/53°F (21.7°/11.5°C) 53°/44°F (11.7°/6.7°C)
Jul 74°/56°F (23.1°/13.5°C) 56°/47°F (13.3°/8.3°C)
Aug 71°/54°F (21.5°/12.0°C) 55°/46°F (13.0°/7.9°C)
Sep 60°/45°F (15.4°/7.1°C) 50°/41°F (10.1°/5.0°C)
Oct 47°/36°F (8.2°/2.1°C) 44°/36°F (6.8°/2.2°C)
Nov 34°/26°F (1.1°/-3.3°C) 38°/30°F (3.4°/-1.3°C)
Dec 26°/17°F (-3.5°/-8.6°C) 36°/27°F (2.2°/-2.8°C)

Data: Russian Federal Service for Hydrometeorology and Environmental Monitoring Russian Federal Service for Hydrometeorology and Environmental Monitoring, Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Russia 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.

Russia passport

Russia passport holder visiting Iceland

Visa Required
Russia passport holders need a visa to enter Iceland.
Iceland passport

Iceland passport holder visiting Russia

Visa Online (e-Visa)
Iceland passport holders need to apply for an e-Visa before travelling to Russia.

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 Russia?

On average Iceland is around 197% pricier than Russia, with notable variation by city.

How much money do I need to move to Iceland?

Budget about ISK6,825,000 for 3 months in Iceland (based on a RUB6,400,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Iceland?

Connectivity is usually fine (Iceland: 37.5 fixed broadband per 100). What actually decides it is legal: does Iceland offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Iceland safe for expats?

Iceland performs significantly better than Russia across all safety metrics. The homicide rate in Iceland is 1.3 per 100,000 people, compared to 6.8 in Russia. About 91% of people in Iceland feel safe walking alone at night.

How is healthcare in Iceland compared to Russia?

Russia generally does better on health & wellbeing, though Iceland leads in health coverage index. There are 43.7 doctors per 10,000 people in Iceland, compared to 51.1 in Russia. Iceland scores 89 on the WHO universal health coverage index (Russia: 79).

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

The average high temperature in Reykjavik is 45°F, compared to 48°F in Moscow. Reykjavik receives around 31.4 in of rainfall per year, while Moscow gets 27.2 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Russia, the official language is Russian.

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At a Glance

RU IS
Population 143,513,328 392,404
Currency Russian Ruble (RUB) Icelandic Króna (ISK)
Languages Russian Icelandic
Driving side Right Right
Calling code +7 +354
Time zones 9 1
Emergency number 112 112