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Borgarnes, Iceland: Cost of Living, Healthcare, Local Clubs and Activities, Healthcare and What to Know About Living in Borgarnes | Digital Nomad Exchange
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Borgarnes, Iceland

By Joshua Wood, LPC

Last updated on Oct 08, 2024

Summary: Expats, digital nomads and retirees discuss what it is like to live in Borgarnes, Iceland: Cost of living, Finding a home, Meeting People and more.

William Russell
William Russell
William Russell
William Russell

What do I need to know before moving to Borgarnes?

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

"Borgarnes is a small town located in the west of Iceland, known for its beautiful landscapes and rich history. Before moving to Borgarnes, expats should be aware that the town has a small population, which can be a significant change if you're used to living in a bustling city. The official language is Icelandic, but English is widely spoken, especially by the younger generation. However, learning some basic Icelandic phrases can be beneficial and appreciated by locals. The cost of living in Borgarnes, like the rest of Iceland, is relatively high compared to other countries. This includes groceries, housing, and dining out. The weather in Borgarnes can be unpredictable, with cold winters and mild summers. It's essential to invest in good quality, warm clothing, especially for the winter months. Public transportation is not as prevalent in Borgarnes as it is in larger cities, so having a car can be beneficial. However, the town is small enough to walk around. The healthcare system in Iceland is of a high standard. Residents, including expats, are entitled to healthcare services, although a nominal fee may be charged for some treatments. Icelandic people are known for their friendliness and hospitality, so newcomers are often made to feel very welcome. Borgarnes has a slower pace of life, which can be a welcome change for those looking for a more relaxed lifestyle. However, it's worth noting that entertainment options can be limited, especially compared to larger cities. The town is surrounded by stunning natural beauty, including mountains, rivers, and the sea, offering plenty of opportunities for outdoor activities such as hiking, fishing, and bird watching. Finally, Borgarnes has a strong sense of community, with many local events and festivals taking place throughout the year. Participating in these can be a great way to integrate into the local culture and meet new people," said one expat who made the move to Borgarnes.

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

"A typical expat home or apartment in Borgarnes, is often a modern, well-insulated structure designed to withstand the harsh Icelandic weather. These homes are usually equipped with central heating, often powered by geothermal energy, which is abundant in Iceland. The interiors are typically spacious and minimalist, reflecting the Nordic design aesthetic, with large windows to let in as much natural light as possible during the short winter days. The kitchen is usually fully equipped, as home cooking is a significant part of Icelandic culture. Many homes also have a private outdoor space, such as a garden or a patio, where residents can enjoy the long summer days. Some expat homes may also have a private hot tub or access to a communal geothermal pool, which are popular leisure facilities in Iceland. Despite being in a small town, these homes are often within walking distance to local amenities such as grocery stores, schools, and restaurants," commented one expat who made the move to Borgarnes.

What is the average cost of housing in Borgarnes?

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

"The average cost of housing in Borgarnes 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 Borgarnes may cost around the same as a small apartment in Reykjavik. It's important to note that prices can fluctuate due to market conditions and other factors. Therefore, potential buyers or renters are advised to research current listings or consult with a real estate professional for the most accurate information," wrote one member in Borgarnes.

Where should I setup a bank account in Borgarnes?

We asked expats in Borgarnes what banks they use and there advice about banking. They advised:

"Before retiring in Borgarnes, expats should know that the cost of living is relatively high compared to other countries. The local currency is the Icelandic króna, and it's important to understand the exchange rate. Expats should also be aware that the climate in Borgarnes is subarctic, with cool summers and cold winters. The town is located in a coastal area, so it can be quite windy. The official language is Icelandic, but English is widely spoken. However, learning some basic Icelandic phrases can be beneficial for daily life. Healthcare in Iceland is of a high standard, but it's advisable for expats to have comprehensive health insurance. Borgarnes is a small town with a population of around 2000 people. It offers a peaceful lifestyle with stunning natural beauty, including mountains, rivers, and the sea. The town has basic amenities such as supermarkets, a hospital, schools, and restaurants. For more extensive shopping or entertainment options, the capital city Reykjavik is about an hour's drive away. Iceland is known for its safety and Borgarnes is no exception. The crime rate is very low, making it a safe place to retire. Public transportation is limited in Borgarnes, so having a car can be beneficial. However, the town is small enough to walk or bike around. Icelandic people are known for their friendliness and hospitality, but they also value their privacy. It's important to respect this cultural aspect when interacting with locals. Finally, expats should be aware that the process of moving to Iceland can be complex. It involves obtaining a residence permit, which requires proof of financial self-sufficiency, among other things. It's advisable to seek legal advice or assistance from a relocation service," wrote one member in Borgarnes.

What do expats in Borgarnes appreciate most about the local culture?

"Expats in Borgarnes often appreciate the strong sense of community and friendliness of the locals. They enjoy the slow pace of life, which allows them to relax and appreciate the natural beauty of the area. The local culture is deeply rooted in history and tradition, which expats find fascinating and enriching. They also appreciate the safety and cleanliness of the town. The local food, particularly the seafood, is another aspect of the culture that expats enjoy. Lastly, the locals' respect for the environment and sustainable living practices is something that many expats admire and appreciate," wrote a member in Borgarnes.

What do expats find most challenging?

"Expats in Borgarnes often find the language barrier to be the most challenging aspect of the local culture, as Icelandic is a complex language that can be difficult to learn. The long, dark winters can also be a challenge for those not used to such extreme weather conditions. Additionally, the small town lifestyle and relative isolation of Borgarnes can be difficult for those accustomed to living in larger, more cosmopolitan areas. The local diet, which includes traditional Icelandic foods like fermented shark and dried fish, can also be a challenge for expats. Lastly, the high cost of living in Iceland can be a significant hurdle for many expats," commented one expat who made the move to Borgarnes.

Is there a lot of crime in Borgarnes?

We asked people if there is a lot of crime. They answered:

"Borgarnes is generally considered a safe town with a low crime rate. Like most places in Iceland, it is known for its peaceful environment and the safety it offers to both residents and visitors. Serious crimes are rare, and petty crimes like pickpocketing or vandalism are not common either. The local police force is efficient and responsive, contributing to the overall sense of security in the town. However, it's always advisable for residents and tourists to take basic precautions to protect their personal safety and belongings," remarked one expat who made the move to Borgarnes.

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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