Iceland Eighth Most Expensive Country in Europe Skip to content

Iceland Eighth Most Expensive Country in Europe

Despite the devaluation of the Icelandic króna, Iceland is the eighth most expensive country in Europe when considering major household expenditures, according to a new report from Arion Bank quoted by


Archive photo by Páll Stefánsson.

Switzerland tops the list, followed by Norway, Denmark, and Sweden. Iceland is ranked tenth when it comes to the price of food and non-alcoholic drinks and third for clothes, alcohol and tobacco.

Click here and here to read previous reports on the cost of living in Iceland.


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