Europe
Iceland
Global Rank #25Good88% data confidence
63
Composite Score
📊Relocation Scores
Safety100/100
Healthcare98/100
Education70/100
Career77/100
Lifestyle69/100
Infrastructure81/100
Affordability0/100
💡Quick Summary
✅ High safety — good for families and solo travellers
✅ Strong healthcare system
⚠️ Higher cost — est. $3600/mo
✅ Good infrastructure and internet connectivity
✅ Good career and job market opportunities
💵Cost of Living
Estimated monthly cost
$3600
per month · USD
Cost Index
99
Rent Index
27
Grocery Index
19
Transport Index
9
Utilities Index
27
🎯Score Breakdown
🛡️
Safety
100
🏥
Healthcare
98
🎓
Education
70
💼
Career
77
🌿
Lifestyle
69
🏗️
Infrastructure
81
💰
Affordability
0
🏛️Government, Language & Culture
Government
🏛️ Parliamentary Republic
Languages
🗣️ Icelandic
Local Language
Not Required
for daily life
Major Religions
🕌 Christianity
ℹ️ Lutheran tradition; highly secular. English very widely spoken
🌐Economy & Stability
Currency
kr ISK
Icelandic Króna
1 USD equals
124.49 ISK
Updated 6/15/2026
1 ISK equals
$0.0080
USD
Political Stability
🔵
Stable
Score: 1.21
ℹ️ Understanding the Political Stability Score
Source: World Bank Worldwide Governance Indicators (WGI) — 2025 Revision (Kaufmann & Kraay, 2024 Update, last updated November 2024). The indicator is officially titled "Political Stability and Absence of Violence/Terrorism" — not democratic strength.
Active democracies with frequent elections, protests and public debate may score lower as these are sometimes classified as "social unrest." Scores also rely on perception-based surveys from global business-risk consultancies and think tanks, which can sometimes carry specific institutional biases compared to objective, which may not reflect ground reality. Use this as one signal among many, not as a definitive verdict on a country's governance and stability.
Active democracies with frequent elections, protests and public debate may score lower as these are sometimes classified as "social unrest." Scores also rely on perception-based surveys from global business-risk consultancies and think tanks, which can sometimes carry specific institutional biases compared to objective, which may not reflect ground reality. Use this as one signal among many, not as a definitive verdict on a country's governance and stability.