Moving to Isafjordur, Iceland
Last updated on Oct 04, 2024
Summary: Moving to Isafjordur, Iceland: Expats, retirees and digital nomads talk about everything you need to know before moving to Isafjordur.
What do I need to know before moving to Isafjordur?
When we asked people what advice they would give someone preparing to move to Isafjordur, they said:
"Isafjordur is a small town located in the Westfjords region of Iceland, known for its stunning natural beauty and peaceful atmosphere. Before moving to Isafjordur, expats should be aware that the town is quite remote, with the nearest city, Reykjavik, being a six-hour drive away. The population of Isafjordur is small, with less than 3,000 residents, so it's a tight-knit community where everyone knows each other. The local language is Icelandic, but most people also speak English, so communication should not be a problem. The cost of living in Isafjordur is relatively high, as is the case in most parts of Iceland. Imported goods can be particularly expensive due to the town's remote location. The weather in Isafjordur can be harsh, with long, cold winters and short, cool summers. Snowfall is common and can sometimes make travel difficult. Isafjordur has a strong cultural scene, with a music school, a theater, and several festivals throughout the year. The town is also a great place for outdoor activities, with opportunities for hiking, skiing, and bird watching. Healthcare in Isafjordur is of a high standard, with a well-equipped hospital in the town. However, for more specialized treatments, residents may need to travel to larger cities. The job market in Isafjordur is quite small, with the fishing industry being the main employer. There are also opportunities in tourism, especially during the summer months. Housing in Isafjordur is typically in the form of single-family homes. Rent can be high, especially for larger properties, but the cost of buying a home is relatively affordable compared to other parts of Iceland. Public transportation in Isafjordur is limited, so having a car can be beneficial. However, the town is small enough to get around on foot or by bicycle. Finally, expats moving to Isafjordur should be prepared for a slower pace of life. The town's remote location and small size mean that there are fewer amenities and activities than in larger cities, but many people find the peaceful, close-knit community to be a welcome change," commented one expat who made the move to Isafjordur.
How do I find a place to live in Isafjordur?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Isafjordur, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should start your search online. Websites like Airbnb, Booking.com, and Expedia can provide a range of options for short-term stays. For longer-term rentals, you might want to check out local real estate websites or classifieds. Websites like Nestpick and Rentberry may also have listings for Isafjordur. Another good resource is local real estate agents. They can provide you with listings that may not be available online and can help you navigate the local rental market. You can find them by doing a simple online search for "real estate agents in Isafjordur". Social media can also be a useful tool. Look for local groups on platforms like Facebook where people might post about available rentals. Once you've found a few potential places, you should arrange to view them either in person or through a virtual tour. This will give you a better sense of the space and the neighborhood. Finally, once you've found a place you like, you'll need to sign a lease. Make sure to read it carefully and understand all the terms before signing. If possible, you might want to have a local or someone fluent in Icelandic review it as well to ensure you're not missing any important details. Remember, finding a place to live can take time, so start your search well in advance of your move," remarked one expat who made the move to Isafjordur.
What is a typical expat home or apartment like in Isafjordur?
"A typical expat home or apartment in Isafjordur, is likely to be a modern, well-insulated property due to the cold climate. These homes often feature a minimalist Scandinavian design, with clean lines and a focus on functionality. They are usually equipped with central heating, often geothermal, to combat the harsh Icelandic winters. The living spaces are typically open plan, with a combined kitchen, dining, and living area. Bedrooms are usually modest in size, with storage solutions designed to maximize space. Bathrooms are typically equipped with showers rather than bathtubs, again reflecting the efficient use of space. Many homes also have a small outdoor area or balcony, offering views of the stunning natural surroundings. The homes are often furnished with comfortable, modern furniture and are decorated in a cozy, inviting style. Despite the remote location, these homes usually have all the modern conveniences, including high-speed internet, essential for many expats," commented one expat who made the move to Isafjordur.
What is the average cost of housing in Isafjordur?
If you are thinking about moving to Isafjordur, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Isafjordur 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, you can expect to pay around 200,000 to 300,000 Icelandic Krona per square meter for an apartment in the city center. For a house in the outskirts, the price can range from 150,000 to 250,000 Icelandic Krona per square meter. Please note that these prices can fluctuate and it's always best to check with local real estate agencies for the most accurate and up-to-date information," remarked one expat in Isafjordur, Iceland.
Should I buy or rent a home in Isafjordur?
If you have not spent a lot of time in Isafjordur, 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 Isafjordur, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Isafjordur for a long period, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial stability. However, buying a home also comes with additional costs such as maintenance, insurance, and property taxes. It also requires a significant upfront investment, including a down payment and closing costs. If you're not ready for these financial commitments, renting might be a better option. Renting a home in Isafjordur offers more flexibility. It's a good option if you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership. Renting can also be more affordable in the short term, as it typically requires a smaller upfront investment than buying. However, renting doesn't allow you to build equity and your monthly payments could increase over time. You also have less control over your living situation, as you're subject to the rules and decisions of your landlord. In conclusion, whether you should buy or rent a home in Isafjordur 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," explained one expat living in Isafjordur, Iceland.
What cultural faux pas should I try to avoid making in Isafjordur?
We asked people in Isafjordur 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 Isafjordur, it is considered rude to show up unannounced at someone's home. Always make sure to call ahead or make plans in advance. Icelanders value their personal space, so avoid standing too close to someone or touching them unless you are close friends or family. It's considered impolite to interrupt or speak loudly in public places. Icelanders are generally soft-spoken and appreciate when others respect this cultural norm. In Iceland, tipping is not customary. Service charges are included in the bill, so adding a tip can be seen as unnecessary or even excessive. Icelanders are proud of their language, so making fun of Icelandic names or language can be seen as disrespectful. It's also important to respect the environment. Littering, off-road driving, or damaging natural sites is not only illegal but also deeply frowned upon. Lastly, don't assume everyone believes in elves and trolls. While folklore is a big part of Icelandic culture, not everyone takes these stories literally. Making assumptions or jokes about it can be seen as disrespectful," said one expat in Isafjordur.
About the Author
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.
SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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