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Moving to Akranes, Iceland | Digital Nomad Exchange
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Moving to Akranes, Iceland

By Joshua Wood, LPC

Last updated on Jan 03, 2024

Summary: Moving to Akranes, Iceland: Expats, retirees and digital nomads talk about everything you need to know before moving to Akranes.

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What do I need to know before moving to Akranes?

When we asked people what advice they would give someone preparing to move to Akranes, they said:

"Expats moving to Akranes should be prepared for a small-town lifestyle, as the town has a population of just over 7,000 people. The local language is Icelandic, but English is widely spoken, especially by younger generations. The cost of living in Akranes is relatively high, similar to the rest of Iceland, with groceries and dining out being particularly expensive. The climate in Akranes is subarctic, meaning summers are cool and winters are cold, with temperatures often dropping below freezing. The town experiences long hours of darkness in the winter and long hours of daylight in the summer due to its northern location. Public transportation is limited in Akranes, so having a car can be beneficial, especially for exploring the surrounding areas. However, there is a regular bus service to Reykjavik, the capital of Iceland. The healthcare system in Iceland is of a high standard, but it's important for expats to have comprehensive health insurance. Akranes is known for its beautiful landscapes, including mountains, a lighthouse, and beaches. Outdoor activities such as hiking, fishing, and bird watching are popular. The town has a strong sense of community and hosts several festivals throughout the year. The education system in Iceland is of a high standard, and there are both primary and secondary schools in Akranes. Icelandic people are known for their friendliness and hospitality, but they also value their privacy and personal space. It's important to respect these cultural norms when interacting with locals. Finally, it's worth noting that Iceland is one of the safest countries in the world, and Akranes is no exception. However, like anywhere, it's still important to take basic safety precautions," said one expat in Akranes.

What is a typical expat home or apartment like in Akranes?

"A typical expat home or apartment in Akranes, is often a modern, well-insulated property designed to withstand the harsh Icelandic weather. These homes usually have central heating, often powered by the country's abundant geothermal energy. The interior design tends to be minimalist, reflecting the Nordic aesthetic with clean lines, functional furniture, and a neutral color palette. Living rooms are usually spacious and cozy, with large windows that let in plenty of natural light and offer stunning views of the surrounding landscapes. Kitchens are typically equipped with modern appliances and have ample storage space. Bedrooms are comfortable and often have built-in wardrobes. Bathrooms usually feature heated floors and towel racks, a luxury during the cold winter months. Some homes may also have a private sauna or hot tub, a popular feature in Icelandic homes. Outdoor space is also common, with many homes having a garden or a patio. Despite the cold climate, many Icelanders love to barbecue, so it's not uncommon to find a grill in the backyard. In terms of location, homes in Akranes are often close to the town's amenities, such as shops, restaurants, and schools. The town is small and peaceful, offering a relaxed lifestyle away from the hustle and bustle of larger cities. Overall, expat homes in Akranes offer a comfortable and modern living environment, with a strong connection to the stunning Icelandic nature," replied a member in Akranes.

What is the average cost of housing in Akranes?

If you are thinking about moving to Akranes, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Akranes can vary greatly depending on the size and location of the property. However, it is generally more affordable compared to the capital city, Reykjavik. As of recent data, a typical house in Akranes may cost around the same as a small apartment in Reykjavik. It's important to note that these prices can fluctuate based on the real estate market conditions," explained one expat living in Akranes, Iceland.

Should I buy or rent a home in Akranes?

If you have not spent a lot of time in Akranes, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Akranes, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Akranes for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial stability in the future. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and home maintenance expenses. It also requires a long-term commitment, as selling a home can take time and effort. If you're not sure about your long-term plans or if you prefer not to deal with home maintenance, renting might be a better option for you. Renting a home in Akranes offers more flexibility. It's a good option if you're planning to stay in the area for a short period or if you prefer to avoid the responsibilities of homeownership. Renting can also be more affordable in the short term, as it doesn't require a large down payment. However, renting doesn't allow you to build equity, and you may face annual rent increases. You also have less control over your living space, as you can't make significant changes without the landlord's permission. In conclusion, whether you should buy or rent a home in Akranes, Iceland, depends on your financial situation, long-term plans, and personal preferences. It's important to carefully consider these factors and possibly consult with a financial advisor before making a decision," said one expat who made the move to Akranes.

What cultural faux pas should I try to avoid making in Akranes?

We asked people in Akranes if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"In Akranes, it's considered rude to show up unannounced at someone's home. Always make sure to call ahead or arrange a visit in advance. Icelanders value punctuality, so try not to be late for appointments or social gatherings. Avoid discussing personal income or wealth, as it is considered impolite and intrusive. Do not litter or disrespect the environment. Icelanders are very proud of their natural landscapes and work hard to preserve them. Avoid interrupting or speaking over someone during a conversation. Icelanders appreciate good listening skills and consider it rude to interrupt. Do not assume everyone believes in elves or the supernatural. While folklore is a part of Icelandic culture, not everyone holds these beliefs. Avoid making loud or disruptive noises in public places, as it is seen as disrespectful. Do not compare Iceland to other countries in a negative way. Icelanders are proud of their country and its unique characteristics. Avoid over-tipping. Service charges are usually included in the bill in Iceland, and tipping is not a common practice. Do not rush conversations or interactions. Icelanders value a relaxed pace and may find it rude if you try to hurry things along. Avoid public drunkenness. While alcohol consumption is common in Iceland, being visibly intoxicated is frowned upon. Do not ignore queues or try to skip ahead in line. This is considered very rude in Icelandic culture. Avoid touching or moving stones in the countryside. They could potentially be an "elf stone" and disturbing them is considered disrespectful," commented one expat who made the move to Akranes.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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