Moving to Iceland from Sweden

moving to

What to Expect

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

If you moved from Sweden to Iceland, you would find that Iceland is 99.5% more expensive than Sweden overall. A SEK728,567 salary in Sweden would need to be roughly ISK17,284,295 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?

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

What does your salary buy?

SEK728,567 ISK17,284,295

To maintain the same standard of living in Iceland

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 55.1% more

Groceries

pay 39.6% more

Transportation

pay 22.0% more

Housing

pay 2.1 times more

Childcare

pay 4.8 times more

Entertainment and Sports

pay 45.6% more

See full cost of living breakdown
Exchange rate: 1 SEK = 12.93 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 Sweden to Iceland, and how the trend has changed.

Moved in 2023
132 ↑ 32% vs 2022

people moved from Sweden 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 Sweden 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

SE
1.1
IS
1.1
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

SE
73%
IS
91%

Sweden generally does better on safety, though Iceland leads in feel safe walking at night.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

SE
$7,770
IS
$6,927
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

SE
71.5
IS
45.2

Iceland generally does better on health & wellbeing, though Sweden 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

SE
8.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

SE
3.6t
IS
8.5t

Sweden performs better than Iceland 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

SE
40.4
IS
38.2
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

SE
3.6%
IS
0.4%

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

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

SE
7.6%
IS
3.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

SE
$64,200
IS
$66,500

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

SE
82.7 yrs
IS
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

SE
2.3
IS
1.6

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

Data: Skatteverket, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Stockholm Rain: 21.5 in/yr (546 mm)
52° / 41°F

Avg. annual high / low

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

Avg. annual high / low

Months Stockholm Reykjavik
Jan–Mar 36°/28°F (2°/-2°C) 37°/28°F (3°/-2°C)
Apr–Jun 61°/45°F (16°/7°C) 48°/38°F (9°/4°C)
Jul–Sep 69°/56°F (21°/13°C) 54°/45°F (12°/7°C)
Oct–Dec 43°/36°F (6°/2°C) 39°/31°F (4°/-1°C)
View all months
Month Stockholm Reykjavik
Jan 34°/27°F (1.0°/-2.9°C) 35°/27°F (1.9°/-3.0°C)
Feb 34°/26°F (1.2°/-3.2°C) 37°/28°F (2.8°/-2.1°C)
Mar 40°/30°F (4.7°/-1.1°C) 38°/28°F (3.2°/-2.0°C)
Apr 51°/37°F (10.7°/2.6°C) 42°/33°F (5.7°/0.4°C)
May 62°/45°F (16.5°/7.1°C) 49°/38°F (9.4°/3.6°C)
Jun 69°/53°F (20.8°/11.6°C) 53°/44°F (11.7°/6.7°C)
Jul 74°/59°F (23.6°/14.8°C) 56°/47°F (13.3°/8.3°C)
Aug 72°/58°F (22.1°/14.2°C) 55°/46°F (13.0°/7.9°C)
Sep 62°/50°F (16.6°/10.2°C) 50°/41°F (10.1°/5.0°C)
Oct 50°/42°F (10.1°/5.5°C) 44°/36°F (6.8°/2.2°C)
Nov 42°/35°F (5.4°/1.9°C) 38°/30°F (3.4°/-1.3°C)
Dec 36°/30°F (2.5°/-1.2°C) 36°/27°F (2.2°/-2.8°C)

Data: Swedish Meteorological and Hydrological Institute (SMHI) Swedish Meteorological and Hydrological Institute (SMHI), Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Sweden 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.

Sweden passport

Sweden passport holder visiting Iceland

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

Iceland passport holder visiting Sweden

Visa Free
Iceland passport holders can enter Sweden 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 Sweden?

Day-to-day costs in Iceland run about 83% higher than Sweden 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 SEK728,567 comparable salary, that's around ISK4,321,074 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 Sweden and Iceland.

Is Iceland safe for expats?

Sweden generally does better on safety, though Iceland leads in feel safe walking at night. The homicide rate in Iceland is 1.1 per 100,000 people, compared to 1.1 in Sweden. About 91% of people in Iceland feel safe walking alone at night.

How is healthcare in Iceland compared to Sweden?

Iceland generally does better on health & wellbeing, though Sweden leads in doctors per 10,000 people. There are 45.2 doctors per 10,000 people in Iceland, compared to 71.5 in Sweden. Iceland scores 89 on the WHO universal health coverage index (Sweden: 85).

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

The average high temperature in Reykjavik is 45°F, compared to 52°F in Stockholm. Reykjavik receives around 31.4 in of rainfall per year, while Stockholm gets 21.5 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Sweden, the official language is Swedish.

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At a Glance

SE IS
Population 10,483,647 357,603
Currency Swedish Krona (SEK) Icelandic Króna (ISK)
Languages Swedish Icelandic
Driving side Right Right
Calling code +46 +354
Time zones 1 1
Emergency number 112 112