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

By Joshua Wood, LPC

Last updated on Apr 12, 2024

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

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What do I need to know before moving to Hofn?

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

"Hofn is a small town located in southeast Iceland, known for its stunning natural beauty, including glaciers, mountains, and the sea. The official language is Icelandic, but English is widely spoken, especially by younger generations and in tourist areas. The cost of living in Hofn is relatively high, as is the case in most parts of Iceland, with imported goods being particularly expensive. The local currency is the Icelandic króna, and while credit and debit cards are widely accepted, it's always a good idea to have some cash on hand. The climate in Hofn is subarctic, meaning it has cold winters and cool summers, so pack accordingly. Hofn is famous for its lobster, so seafood lovers will be in heaven, but vegetarian and vegan options can be limited. The healthcare system in Iceland is of a high standard, but it's recommended to have comprehensive health insurance to cover any medical costs. Public transportation is limited in Hofn, so having a car can be beneficial, especially for exploring the surrounding areas. The town is safe and peaceful, with a low crime rate, but it's always important to take standard precautions to protect your personal safety and belongings. Hofn has a small population, so it offers a close-knit community feel, but it might take some time to adjust if you're used to living in a big city. The town is also a great base for exploring the Vatnajokull National Park, home to the largest glacier in Europe. Icelanders value their traditions and customs, so it's important to respect these, and learning about them can help you integrate into the community. Lastly, be prepared for the stunning Northern Lights, which can often be seen from Hofn during the winter months," wrote one member in Hofn.

How do I find a place to live in Hofn?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Hofn 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 Booking.com, Airbnb, and Expedia can provide a list of available accommodations in Hofn. These sites allow you to filter results based on price, location, size, and other factors. You can also check local real estate websites or contact real estate agents in Hofn. They can provide you with listings that match your criteria and arrange viewings. Another option is to join local community groups or forums online. Websites like Facebook have groups where locals and expats share information about available rentals in the area. If you're planning to stay in Hofn long-term, you might want to consider buying a property. In this case, you should contact a local real estate agent who can guide you through the process. Remember to consider the location of the property in relation to amenities such as shops, schools, and your place of work. Once you've found a place you're interested in, you'll need to contact the landlord or real estate agent to arrange a viewing. If you're happy with the property, you can then proceed to negotiate the terms of the lease or purchase. Finally, before signing any contracts, make sure to read them carefully and understand all the terms and conditions. If necessary, seek legal advice to ensure your rights are protected," explained one expat living in Hofn, Iceland.

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

"A typical expat home or apartment in Hofn, is likely to be a modern, well-insulated property due to the country's cold climate. These homes often feature a minimalist Scandinavian design, with clean lines and a focus on functionality. The living spaces are usually open plan, combining the kitchen, dining, and living areas. The homes are often equipped with modern appliances and amenities, including heated floors, which are a necessity in the cold Icelandic winters. The bedrooms are typically modest in size, with storage solutions designed to maximize space. Bathrooms are usually compact and functional, often featuring a shower rather than a bathtub due to space constraints. The homes often have large windows to let in as much natural light as possible, given the long, dark winters. Many homes also have a small outdoor space, such as a balcony or a small garden, where residents can enjoy the midnight sun in the summer months. In terms of location, many expat homes in Hofn are situated close to the town center for easy access to shops, restaurants, and other amenities. However, given Hofn's coastal location, some properties may also offer stunning views of the surrounding mountains and the sea. In terms of decor, many expats choose to embrace the local culture, incorporating Icelandic design elements such as sheepskin rugs, woolen throws, and artwork inspired by the country's stunning landscapes. However, the overall aesthetic is typically understated and chic, in keeping with the minimalist Scandinavian style. In terms of utilities, most homes in Hofn are heated using geothermal energy, which is both cost-effective and environmentally friendly. High-speed internet is also a standard feature in most homes, given Iceland's strong digital infrastructure. Overall, a typical expat home in Hofn, Iceland, combines modern comforts with a unique Icelandic charm, offering a comfortable and stylish base from which to explore this stunning part of the world," remarked one expat who made the move to Hofn.

What is the average cost of housing in Hofn?

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

"The average cost of housing in Hofn can vary greatly depending on the type and size of the property. However, as of recent data, a typical house in Hofn may cost around 35 to 40 million Icelandic Krona. This translates to approximately 280,000 to 320,000 US dollars. Please note that these are rough estimates and actual prices can fluctuate based on various factors such as location, condition of the property, and the current state of the real estate market," wrote a member in Hofn.

What should I bring when moving to Hofn?

People living in Hofn were asked what three things they wish they had brought and three they wish they had left behind. They wrote:

"When moving to Hofn, you should pack warm clothing such as thermal underwear, woolen sweaters, and waterproof jackets and trousers. You should also pack sturdy, waterproof boots for walking on icy terrain. Don't forget to pack hats, gloves, and scarves to protect against the cold wind. You should also pack casual clothing for indoor activities and formal wear if you plan on dining out or attending events. It's also a good idea to pack swimwear for visiting geothermal pools. In terms of toiletries, pack travel-sized items to start with and plan to buy full-sized products once you arrive. Don't forget any prescription medications you may need, as well as a basic first aid kit. If you plan on cooking, consider packing some non-perishable food items to get you started. However, you can buy most food items in Hofn. For entertainment, consider packing books, a laptop, or other portable electronics. Don't forget the appropriate power adapters for Iceland. Lastly, pack important documents such as your passport, driver's license, and any necessary immigration paperwork. It's also a good idea to have copies of these documents in case the originals are lost or stolen," commented one expat who made the move to Hofn.

Where should I setup a bank account in Hofn?

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

"Before retiring in Hofn, expats should know that the cost of living is relatively high compared to other countries. The official language is Icelandic, but English is widely spoken, especially by the younger generation. The climate is subarctic, meaning summers are cool and winters can be very cold, with frequent snow and rain. Healthcare in Iceland is of a high standard, but it's important to secure health insurance as medical costs can be expensive. Hofn is a small town, so while it offers tranquility and beautiful landscapes, it may lack the amenities and social opportunities of a larger city. Icelandic people are known for their friendliness and hospitality, but they also value their privacy and personal space. The country is very safe with low crime rates. Icelandic cuisine is heavily based on fish and lamb, and Hofn is particularly known for its lobster. The country has a strong cultural scene, with numerous festivals and events throughout the year. Public transportation in Hofn is limited, so owning a car can be beneficial. Lastly, it's important to note that Iceland has a high tax rate, so it's advisable to understand the tax implications before deciding to retire there," remarked one expat living in Hofn, Iceland.

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

"Expats in Hofn often appreciate the strong sense of community and camaraderie among the locals. They enjoy the slow pace of life, which allows them to relax and appreciate the natural beauty of the area. The locals' deep respect for nature and the environment is also highly appreciated. Expats often mention their admiration for the local tradition of storytelling, which is deeply ingrained in Icelandic culture. They also appreciate the safety and security in Hofn, as Iceland is known for its low crime rate. The local cuisine, particularly the seafood, is another aspect of Hofn's culture that expats enjoy. Lastly, the locals' resilience and adaptability to the harsh weather conditions is something that many expats find admirable," said one expat who made the move to Hofn.

What do expats find most challenging?

"Expats in Hofn often find the language barrier to be the most challenging aspect of the local culture. Icelandic is a complex language with unique phonetics and grammar rules, making it difficult for foreigners to learn and understand. The weather can also be a significant challenge for expats in Hofn. The town experiences long, harsh winters with limited daylight hours, which can be difficult for those accustomed to milder climates. The isolation of Hofn can also be a challenge for expats. The town is located in a remote part of Iceland, far from the capital city of Reykjavik. This can make it difficult to access certain goods and services, and can also lead to feelings of loneliness or isolation. The local diet can also be a challenge for some expats. Traditional Icelandic food often includes unusual ingredients like fermented shark and dried fish, which may not appeal to everyone's tastes. Finally, the pace of life in Hofn can be a challenge for some expats. The town has a laid-back, slow-paced lifestyle that can be a stark contrast to the hustle and bustle of city life. This can take some getting used to, especially for those accustomed to a faster pace of life," wrote a member in Hofn.

Is there a lot of crime in Hofn?

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

"Hofn is generally considered a safe place with a low crime rate. Like most parts of Iceland, it experiences very little violent crime. Petty crimes like theft or vandalism are also relatively rare. The local police force is efficient and responsive, contributing to the overall safety of the town. However, as with any location, it is always advised for residents and visitors to take basic precautions to protect their personal safety and belongings," said one expat who made the move to Hofn.

What are the schools in Hofn like?

"Hofn is a small town with a population of around 2,300 people. As such, it does not have a wide range of international or bilingual schools. The primary school in Hofn is Hofn Primary School, which provides education for children aged 6-16. The school's curriculum is based on the Icelandic National Curriculum Guide for Compulsory Schools. It is not an international or bilingual school, and the primary language of instruction is Icelandic. There is no available information about international or bilingual schools in Hofn, Iceland," commented one expat when asked about in Hofn.

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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