Can You Live for Less Than 1000 USD in Iceland’s South Coast?

Iceland’s South Coast, known for its scenic beauty, is a popular destination for tourists from around the world. If you plan to stay for an extended period or even move to the region, you must be curious about the cost of living. In this article, we will explore the cost of living in Iceland’s South Coast, and whether it is possible to live on a budget of less than 1000 USD.

The Cost of Living in Iceland’s South Coast

Iceland is known for being an expensive country, and the cost of living in the South Coast is no exception. According to Numbeo, a website that compares the cost of living in different countries, the cost of living in Reykjavik, which is Iceland’s capital and most populated city, is 64% higher than the average city in the world. Compared to the rest of the world, Iceland is an expensive country, and living in the South Coast is no different.

Accommodation Costs

Accommodation costs in Iceland’s South Coast, like the rest of the country, are pricey. If you plan to rent a one-bedroom apartment or a studio in Reykjavik, the monthly rent can range from 900 USD to 2000 USD or more, depending on the location and the size of the apartment. Outside of Reykjavik, the rent can be slightly cheaper, but it is still expensive compared to other countries. If you plan to live on a budget of less than 1000 USD, finding a roommate or a shared apartment can be an option.

Food and Drinks Cost

Food and drinks can be expensive in Iceland, especially if you eat out frequently. Buying groceries and cooking at home can decrease your monthly food costs, but it is still relatively higher than many other countries. For instance, a liter of milk can cost up to 1.7 USD, while a dozen eggs can cost up to 5.5 USD. A meal at an inexpensive restaurant can cost up to 22 USD, while a regular cappuccino can cost up to 4.4 USD. Thus, if you plan to live on a budget of less than 1000 USD, it is advisable to cook at home and avoid eating out.

Transportation Costs

Transportation costs in Iceland’s South Coast can be significant, especially if you plan to use a private car or taxi. Public transport is not very developed in Iceland, so owning a car is necessary for getting around. The cost of gas is also high in Iceland, with an average cost of up to 2.3 USD per liter. If you plan to live on a budget of less than 1000 USD, investing in a bicycle or a shared car service can be a more affordable option.

Other Expenses

Apart from accommodation, food, and transportation, other expenses can add up to the cost of living in Iceland’s South Coast. Utilities such as electricity, heating, and water can cost up to 130 USD per month. Phone and internet bills can also be high, costing up to 75 USD per month. There are also additional expenses such as healthcare, insurance, and entertainment that you may need to consider.

Living on a Budget of Less Than 1000 USD in Iceland’s South Coast

Given the high cost of living in Iceland’s South Coast, living on a budget of less than 1000 USD can be challenging. However, it is not impossible. By making some lifestyle adjustments, such as finding roommates, cooking at home, using public transport, and minimizing entertainment expenses, it is possible to live on a budget of less than 1000 USD.

Conclusion

In conclusion, Iceland’s South Coast is a breathtakingly beautiful region, but living there can be expensive. The high cost of living is due to many factors, including the high cost of accommodation, food, utilities, transportation, and other expenses. However, by making some lifestyle adjustments and careful budgeting, it is possible to live on a budget of less than 1000 USD.

Unlocking the Secrets of Living for Less Than $1000 on Iceland’s South Coast

Iceland’s South Coast is one of the most beautiful places in the world, but it’s also one of the most expensive. However, living for less than $1000 USD in Iceland’s South Coast is possible. This remote region of the country is ideal for tourists looking for a unique experience. Here’s an insider’s guide to some of the best things to do and see on Iceland’s South Coast.

Discover Hidden Gems

In addition to the most popular tourist attractions such as Skógafoss and Seljalandsfoss Waterfalls and Reynisfjara Beach, there are some hidden gems in Iceland’s South Coast. The valley of Thorsmork, for example, is a verdant oasis located between three glaciers and is only accessible by a modified bus or a four-wheel-drive vehicle. Another hidden gem worth exploring is the charming village of Eyrarbakki. Its well-preserved wooden houses from the 19th century create an idyllic backdrop for a peaceful stroll.

Indulge in Local Cuisine

Iceland’s South Coast has a unique culinary identity, offering dishes that are hearty and indulgent. Some local delicacies include lamb soup, which is made with locally sourced meat and vegetables, and skyr, a creamy and tangy dairy product that Icelanders eat for breakfast, lunch, and dinner. For a truly authentic experience, head to Restaurant Gamla Fjósið in Hvolsvöllur. This converted cowshed offers a cozy and romantic atmosphere and serves traditional Icelandic dishes made with locally sourced ingredients.

Immerse Yourself in Local Culture

Iceland’s South Coast is rich in history, art, and music. The Skógar Museum showcases Iceland’s heritage and culture through its vast collection of artifacts and photographs. The museum’s eclectic exhibits include a collection of ancient boats, farming tools, and fishing equipment. Additionally, the Icelandic Lava Show in Hvolsvöllur provides a thrilling experience for visitors to see what happens when lava flows over ice or water.

Discover Lively Historical Narratives

Iceland’s South Coast has an intriguing history, and hearing its stories can transport you to another time. For instance, the Saga Centre in Hvolsvöllur offers a glimpse into the world of the ancient Icelandic sagas, the epic historical narratives that have shaped the nation’s identity. The center has exhibitions that showcase the Viking sagas, folklore, and mythology of the country. Visitors can also see a replica of the Viking longhouse and learn about the daily lives of Iceland’s early settlers.

Escape the Touristy Crowds

For visitors looking for something unique, why not try exploring a glacier? Glacier hiking and ice cave tours are available year-round on the South Coast, providing visitors with a unique way to explore the region’s majestic glaciers. For a truly off-the-beaten-path experience, take a walk into the Hólaskjól Wilderness area. You have to cross some tricky terrain, but the view is breathtaking once you’ve reached the summit.

In conclusion, Iceland’s South Coast may be considered an expensive tourist destination, but by following this insider’s guide, you can experience the beauty and culture of the region on a budget. From discovering hidden gems and indulging in local cuisine to immersing yourself in Icelandic culture and learning about historical narratives, this guide provides something for everyone. You’ll also find that with a little determination, you can explore off-the-beaten-path locations and create unforgettable memories.