How much does it cost to live in Reykjavik as a student?

The capital of Iceland has a very expensive cost of living. A student in Reykjavik can spend around € 900 per month. Think that, in addition to the rent, you will have expenses such as food or transportation. It is always good to keep some control of your expenses, especially when you are away from home.

What is student life like in Reykjavik?

Reykjavik is the largest city in Iceland and the one with the greatest multiculturalism. This city offers all the leisure options (parties, events, etc.) that you could ask for, but it also stands out for nature, tranquillity and peace that surrounds it.

How much does student accommodation cost in Reykjavik?

In Reykjavik, you can find different types of accommodation, which will make the rental prices vary. You can find room offers in shared flats for about € 400 per month. Now, the location of the accommodation has a lot to do with whether this amount changes.

How much is the Erasmus scholarship to study in Reykjavik?

The financial aid that you will receive with the Erasmus scholarship to study in Reykjavik depends on the country of residence of each student. We recommend that to find out the information that is adapted to your case, you get in touch with your home university. Solve all the doubts you have about the Erasmus grant to make the best decisions and that your experience does not have any complications.

What are the best areas to live in Reykjavik?

If you ask former Reykjavik students, they probably agree that the best option is to find accommodation near your university. Therefore, once you know the area where your study centre is located, you can look for accommodation in the surroundings. The city centre is also a good point, as transport is very well connected, but the rental prices here are more expensive. Be clear about your priorities and compare between different offers before choosing one.

Erasmus in Reykjavik

Information and tips for Erasmus students in Reykjavik


Private rooms Reykjavík	88	1212/month
Apartments Reykjavík	53	2420/month

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Why do Erasmus in Reykjavik? The city of Iceland is becoming a very popular destination for exchange students. This is not surprising, since Reykjavík is beautiful, with a wide range of leisure activities and full of nature. Stay with us and discover the information you need to make your Erasmus in Reykjavik the best experience of your life. Let’s Go!

Cost of living in Reykjavik, Iceland

Generally, the standard of living in Iceland is very high. By telling you this, we do not pretend to scare you. We simply want to recommend that you keep a certain control of your expenses, but you also have to enjoy this experience to the fullest.

A student in Reykjavik needs approximately € 900 per month to live comfortably. In this amount, we have counted on rent, food, transportation and something extra for possible trips or leisure activities. Of all these expenses, the highest will surely be the rent. Here we can help you… On our Erasmus Play platform, you can compare different options for flats, rooms and apartments in Reykjavik and securely book the option you prefer through our website. Regarding public transport, students from other years advise getting a student card, which is like a transport voucher, lasts six months and is cheaper than buying individual tickets.

Student parties and leisure in Reykjavik, Iceland

Reykjavik's student parties and atmosphere are very popular all over the world, another attraction of the city. There are many nightclubs and entertainment venues in and around the city centre. Public transport is very efficient, therefore, it is very easy to get from one place to another. There are venues for all musical tastes and, in addition, there are student associations that organize parties, activities and trips continuously. If you join one of these groups, you will also be able to enjoy discounts on different services (transport, restaurants, entertainment venues, etc.).

Another positive point of this city is that you can do a lot of outdoor activities. The nature that surrounds Reykjavik is really impressive, therefore, every week you can visit a different area and enjoy the tranquillity and peace before returning to the city.

Culture and gastronomy in Reykjavík, Iceland

The standard of living in Reykjavík is one of the highest in Europe and that, in part, is due to the culture and the hard-working mentality of the inhabitants of this city. If you want to relax and enjoy the nature that surrounds this city, you can visit places such as the natural thermal baths found in Myvatn, the Langjökull Glacier, etc. Also, if you are a fan of the series "Game of Thrones" you should know that in Iceland you will find some of the settings that were used in the filming, such as the Valley of Arryn, among others. Within the city, you can also visit emblematic buildings and monuments such as Hallgrímskirkja (a truly impressive church), the sculpture of The Sun Traveler or the Old Port (one of the most atmospheric areas of Reykjavik).

The most typical dishes of Icelandic gastronomy are made with fish, especially the Icelandic cod which is well known. Other well-known dishes are Hardfiskur and Plokkfiskur, Kjötsúpa (made with meat) or Lambakjot (with lamb as the main ingredient).

Advantages of doing Erasmus in Reykjavik, Iceland

The standard of living in this city is very high, but it also offers a wide variety of opportunities for its students. Take advantage of all the discounts and offers you can get in Reykjavik as a student.
The city is beautiful and offers various entertainment venues and activities. Now, if you want to relax and get away from the hustle and bustle of day today, you can enjoy the nature that surrounds Reykjavik, it is impressive.
You have the opportunity to learn the official language of this city (or, if you already know it, to improve it day by day). The university usually offers courses to its students throughout the year.
Enjoy one of the most prestigious international educations. Take this opportunity to enjoy, but also to learn.

Cheap Erasmus Apartments in Reykjavik, Iceland

https://erasmusplay.com/en/search/reykjavik.html

Do you need accommodation in Reykjavik and don't know how to get it? If you go through the Erasmus Play platform, we help you find the best flats, rooms and apartments for students in Reykjavik for free. Make the process of finding accommodation simple and book quickly and safely from our website.

Frequently asked questions from students doing Erasmus in Reykjavik

How much does it cost to live in Reykjavik as a student?
The capital of Iceland has a very expensive cost of living. A student in Reykjavik can spend around € 900 per month. Think that, in addition to the rent, you will have expenses such as food or transportation. It is always good to keep some control of your expenses, especially when you are away from home.
What is student life like in Reykjavik?
Reykjavik is the largest city in Iceland and the one with the greatest multiculturalism. This city offers all the leisure options (parties, events, etc.) that you could ask for, but it also stands out for nature, tranquillity and peace that surrounds it.
How much does student accommodation cost in Reykjavik?
In Reykjavik, you can find different types of accommodation, which will make the rental prices vary. You can find room offers in shared flats for about € 400 per month. Now, the location of the accommodation has a lot to do with whether this amount changes.
How much is the Erasmus scholarship to study in Reykjavik?
The financial aid that you will receive with the Erasmus scholarship to study in Reykjavik depends on the country of residence of each student. We recommend that to find out the information that is adapted to your case, you get in touch with your home university. Solve all the doubts you have about the Erasmus grant to make the best decisions and that your experience does not have any complications.
What are the best areas to live in Reykjavik?
If you ask former Reykjavik students, they probably agree that the best option is to find accommodation near your university. Therefore, once you know the area where your study centre is located, you can look for accommodation in the surroundings. The city centre is also a good point, as transport is very well connected, but the rental prices here are more expensive. Be clear about your priorities and compare between different offers before choosing one.