Moving to Iceland from Wisconsin

moving to

What to Expect

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

If you moved from Wisconsin to Iceland, you would find that Iceland is 50.2% more expensive than Wisconsin. A $75,000 salary in Wisconsin would need to be roughly ISK17,484,195 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 Madison, making it significantly cooler.

How Far Will Your Money Go?

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

What does your salary buy?

$75,000 ISK17,484,195

To maintain the same standard of living in Iceland

Calculate with your salary →

How key spending categories compare

Restaurants

pay 56.6% more

Groceries

pay 40.3% more

Transportation

pay 91.9% more

Housing

pay 42.1% more

Childcare

pay 41.7% less

Entertainment and Sports

pay 58.2% 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.

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Who Else Is Making This Move?

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

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

The numbers behind daily life in Iceland compared to Wisconsin.

How's the healthcare?

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

share of adults with obesity

WI
37.8%
IS
21.9%

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

Will I have good infrastructure?

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

share of households with internet

WI
89.5%
IS
100.0%

Iceland performs significantly better than Wisconsin across all infrastructure metrics.

What are the job prospects?

Unemployment rate Bureau of Labor Statistics, 2025

percentage of the labour force without work

WI
3.0%
IS
3.6%
GDP per capita Bureau of Economic Analysis, 2024

a broad measure of economic output per person

WI
$59,333
IS
$66,500

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

Is it good for families?

Life expectancy OECD Regional Demography, 2022

average years of life at birth

WI
77.7 yrs
IS
83.6 yrs

Iceland performs significantly better than Wisconsin 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.

Madison Rain: 34.5 in/yr (876 mm)
56° / 37°F

Avg. annual high / low

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

Avg. annual high / low

Months Madison Reykjavik
Jan–Mar 33°/17°F (1°/-8°C) 37°/28°F (3°/-2°C)
Apr–Jun 68°/46°F (20°/8°C) 48°/38°F (9°/4°C)
Jul–Sep 78°/57°F (25°/14°C) 54°/45°F (12°/7°C)
Oct–Dec 44°/28°F (7°/-2°C) 39°/31°F (4°/-1°C)
View all months
Month Madison Reykjavik
Jan 26°/11°F (-3.1°/-11.6°C) 35°/27°F (1.9°/-3.0°C)
Feb 31°/15°F (-0.5°/-9.4°C) 37°/28°F (2.8°/-2.1°C)
Mar 43°/25°F (6.2°/-4.0°C) 38°/28°F (3.2°/-2.0°C)
Apr 57°/36°F (14.1°/2.1°C) 42°/33°F (5.7°/0.4°C)
May 68°/46°F (20.2°/7.8°C) 49°/38°F (9.4°/3.6°C)
Jun 78°/56°F (25.5°/13.4°C) 53°/44°F (11.7°/6.7°C)
Jul 82°/61°F (27.6°/16.1°C) 56°/47°F (13.3°/8.3°C)
Aug 79°/59°F (26.3°/15.0°C) 55°/46°F (13.0°/7.9°C)
Sep 72°/50°F (22.1°/10.1°C) 50°/41°F (10.1°/5.0°C)
Oct 59°/39°F (14.9°/3.8°C) 44°/36°F (6.8°/2.2°C)
Nov 44°/28°F (6.7°/-2.1°C) 38°/30°F (3.4°/-1.3°C)
Dec 30°/16°F (-1.0°/-8.9°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 Wisconsin?

On average Iceland is around 86% pricier than Wisconsin, with notable variation by city.

How much money do I need to move to Iceland?

Budget about ISK4,371,049 for 3 months in Iceland (based on a $75,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Iceland?

From major Iceland cities the network usually holds up. Visa rules, your employer's stance on overseas employees, and tax residency in Wisconsin and Iceland are what actually decide it long-term.

How is healthcare in Iceland compared to Wisconsin?

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

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

The average high temperature in Reykjavik is 45°F, compared to 56°F in Madison. Reykjavik receives around 31.4 in of rainfall per year, while Madison gets 34.5 in.

What language do they speak in Iceland?

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

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At a Glance

IS
Population 5,686,986 357,603
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