Moving to Iceland from Singapore

moving to

What to Expect

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

If you moved from Singapore to Iceland, you would find that Iceland is 38.5% more expensive than Singapore overall. A SGD96,960 salary in Singapore would need to be roughly ISK7,578,228 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. You’ll also switch from driving on the left to the right. Expect a noticeable climate shift — Reykjavik averages 45°F vs 89°F in Singapore, making it significantly cooler.

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How Far Will Your Money Go?

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

What does your salary buy?

SGD96,960 ISK7,578,228

To maintain the same standard of living in Iceland

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 2.5 times more

Groceries

pay 31.3% more

Transportation

pay 25.0% more

Housing

pay 20.6% more

Childcare

pay 33.9% less

Entertainment and Sports

pay 16.9% more

See full cost of living breakdown
Exchange rate: 1 SGD = 97.18 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 Singapore to Iceland, and how the trend has changed.

Moved in 2023
4 ↑ 100% vs 2022

people moved from Singapore 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 Singapore 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

SG
0.1
IS
1.1
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

SG
1.9
IS
2.4

Singapore performs better than Iceland across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

SG
$6,551
IS
$6,927
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

SG
26.0
IS
45.2

Singapore generally does better on health & wellbeing, though Iceland 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

SG
23.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

SG
9.8t
IS
8.5t

Iceland performs significantly better than Singapore across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

SG
37.7
IS
38.2
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

SG
83.1%
IS
0.4%

Iceland performs significantly better than Singapore across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

SG
3.5%
IS
3.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

SG
$127,500
IS
$66,500

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

SG
86.3 yrs
IS
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

SG
1.6
IS
1.6

Singapore generally does better on family life, though Iceland leads in education spending.

Data: Inland Revenue Authority of Singapore, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Singapore Rain: 83.2 in/yr (2113 mm)
89° / 77°F

Avg. annual high / low

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

Avg. annual high / low

Months Singapore Reykjavik
Jan–Mar 89°/76°F (31°/25°C) 37°/28°F (3°/-2°C)
Apr–Jun 90°/78°F (32°/26°C) 48°/38°F (9°/4°C)
Jul–Sep 89°/78°F (31°/25°C) 54°/45°F (12°/7°C)
Oct–Dec 88°/76°F (31°/25°C) 39°/31°F (4°/-1°C)
View all months
Month Singapore Reykjavik
Jan 87°/76°F (30.6°/24.3°C) 35°/27°F (1.9°/-3.0°C)
Feb 89°/76°F (31.5°/24.6°C) 37°/28°F (2.8°/-2.1°C)
Mar 90°/77°F (32.2°/24.9°C) 38°/28°F (3.2°/-2.0°C)
Apr 90°/78°F (32.4°/25.3°C) 42°/33°F (5.7°/0.4°C)
May 90°/78°F (32.3°/25.7°C) 49°/38°F (9.4°/3.6°C)
Jun 89°/78°F (31.9°/25.7°C) 53°/44°F (11.7°/6.7°C)
Jul 89°/78°F (31.4°/25.4°C) 56°/47°F (13.3°/8.3°C)
Aug 89°/78°F (31.4°/25.3°C) 55°/46°F (13.0°/7.9°C)
Sep 89°/77°F (31.6°/25.2°C) 50°/41°F (10.1°/5.0°C)
Oct 89°/77°F (31.8°/25.0°C) 44°/36°F (6.8°/2.2°C)
Nov 88°/76°F (31.2°/24.6°C) 38°/30°F (3.4°/-1.3°C)
Dec 87°/76°F (30.5°/24.3°C) 36°/27°F (2.2°/-2.8°C)

Data: Meteorological Service Singapore Meteorological Service Singapore, Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Singapore 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.

Singapore passport

Singapore passport holder visiting Iceland

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

Iceland passport holder visiting Singapore

Visa Free
Iceland passport holders can enter Singapore 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 Singapore?

Generally yes: Iceland runs about 20% cheaper than Singapore on average, though it depends heavily on the city.

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 SGD96,960 comparable salary, that's around ISK1,894,557 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 Singapore and Iceland.

Is Iceland safe for expats?

Singapore performs better than Iceland across all safety metrics. The homicide rate in Iceland is 1.1 per 100,000 people, compared to 0.1 in Singapore.

How is healthcare in Iceland compared to Singapore?

Singapore generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people. There are 45.2 doctors per 10,000 people in Iceland, compared to 26.0 in Singapore. Iceland scores 89 on the WHO universal health coverage index (Singapore: 89).

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

The average high temperature in Reykjavik is 45°F, compared to 89°F in Singapore. Reykjavik receives around 31.4 in of rainfall per year, while Singapore gets 83.2 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Singapore, the official languages are Chinese, English, Malay and Tamil.

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At a Glance

SG IS
Population 5,921,231 357,603
Currency Singapore Dollar (SGD) Icelandic Króna (ISK)
Languages Chinese, English, Malay, Tamil Icelandic
Driving side Left Right
Calling code +65 +354
Time zones 1 1
Emergency number 999 112