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Truth of Living in Iceland: Everything You Need to Know

Truth of Living in Iceland: Everything You Need to Know

Subject: Find insights about life, urban life, and livelihood, quality of life in Iceland. You can check also our life in Iceland blog.

Iceland has become one of the most famous tourism nations in the world today. This North Atlantic nation is known for its treasure trove of natural attractions? But the country is also home to more than 330 thousand people, two-thirds of whom reside in the Capital Region. 

Most discussions about Iceland revolves around the tourist attractions of the country. But not much is known about the lives of the Icelandic people, their lifestyle and culture. If you are an individual who wants to reside in this land of many wonders, there are many things you should know. Take a look at the information shared below to gain some idea about life in Iceland.

Insights About Life in Iceland

Iceland is the fifth richest country in the world and one of the most prosperous economies worldwide. It is at the top of international lists for gender equality, happiness, and openness. As one of the most culturally vibrant and progressive countries, it is an ideal nation where individuals of all age groups can live safe and comfortable lives. The country has come a long way from the first arrival of humans during the 10th century to the establishment of the Republic in 1944. Although a large portion of the total population resides in Reykjavik and surrounding areas for convenience, many other urban and rural settlements offer an equally great quality of life.

Iceland is primarily a volcanic island where large swathes of the landscape are completely uninhabitable. The myriad natural wonders of this country attracts millions of tourists every year, fueling its tourism industry and economy. If you are living in Reykjavik or surrounding areas, every weekend is an opportunity to explore some of the most amazing natural sights and sounds in the world. The climatic conditions stay surprisingly mild throughout the year given that the country is just below the Arctic Circle. Icelandic residents enjoy pleasant summers and cool winters.

Urban Life and Livelihood in Iceland

Reykjavik, the capital city of Iceland, is a great place to reside if you are looking for quality livelihood options. This city has proven to be a great place in terms of high personal safety, weather conditions, low pollution, and ample urban transportation options. The property prices in Reykjavik are also quite low compared to the average income of residents. It is a vibrant city with a rich culture that perfectly blends the old and the new. You will find everything from museums and art galleries, to modern architectural marvels and ample recreational options. The city is renowned for having a vibrant nightlife scene.

Living, working and enjoying yourself in the capital and its surroundings is quite convenient. There is a strong business culture in Reykjavik and plenty of companies that offer employment. If you have the right credentials and pass the steps of immigration, seeking a job should not be difficult. The computer engineering, technology, and service industries are thriving in the country. Young professionals can also look forward to a healthy work-life balance along with rewarding pay packages. Reykjavik and other major towns of Iceland also offer ample scope for setting up businesses. The government offers quite favorable conditions for foreign investors.

Reykjavik is well connected by road and air to the rest of Iceland, including the Golden Circle tourist route. Designated routes connect the city to all neighboring regions and urban centers including Kópavogur, Hafnarfjörður, Akureyri, Reykjanesbær, and Akranes. Many of these smaller towns are cities are based around industries like fishing, tourism, and handicrafts. Most towns and tourist attractions in Iceland can be reached in a few hours or half a day because the country is not too large. Both tourists and locals can take the famous Ring Road to cover the most popular locations.

Why Quality of Life is High in Iceland

Iceland is a country that offers a great balance between the conveniences of modern life and the purity of nature. You can explore the black sand beaches, climb the mountains and cliffs, take walks in the wilderness, and observe the diverse bird and animal life. The quality of air, water and the lack of pollution make things quite favorable for life. Residents of the country express a high level of personal happiness. They can take 3-4 weeks of vacation to enjoy their summers in the company of loved ones. The country has endured a considerable struggle during the 2008 financial crisis. Its economy has bounced back strongly and positioned itself as a European superpower. With a very low poverty rate, the country is full of affluent residents who live comfortable lives.

Iceland has one of the highest life expectancies of any country in Europe, with the average being around 80 years for men and 83 years for women. This is an encouraging fact for those who want to settle down in Iceland. The country indeed has one of the highest living costs in the world. But factors like the high standard of living, a robust welfare system, and a world-renowned education system are enough to encourage potential residents. Iceland is a country that promotes inclusiveness for people from all backgrounds, and highly tolerant society. This is quite evident even to tourists who are visiting Iceland for short durations. 

Iceland offers amazing healthcare facilities for its permanent residents, students and those on temporary work permits. The standard of education across all academic age groups is quite high. Those interested to live in Iceland can expect all the benefits and conveniences available across developed European countries. The OECD Better Life Index has evaluated that Iceland is only behind Norway with regards to the quality of life. 

Icelanders seldom feel the need to explore the world, as their own country offers a great selection of natural attractions. This relatively small island has astounding geological features and natural beauty that cannot be explained. Icelandic residents are quite fortunate to live amid nature, in one of the most amazing and picturesque islands. You may need 2 to 3 weeks to visit all the amazing natural attractions this island has to offer.

Iceland offers promising prospects of life and livelihood for people across all age groups. Keep in mind that you should expect a contrast between life in the Capital Region and that of more remote towns, villages, and cities. Visit Iceland as a tourist to explore the many wonders of the country. It can be your opportunity to interact with Icelandic citizens to understand the upsides and downsides of living in their country.

Author: (Abhi Chauhan)
Date: 01/12/2019


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