From managing Iceland’s high costs to enjoying its unique culture, here’s the ultimate student survival guide to studying in Reykjavik.
Studying abroad in Iceland is unlike anywhere else in Europe. Reykjavik is small, safe, and surrounded by breathtaking landscapes, but it’s also expensive and sometimes isolating. Here’s how students can make the most of their time.
Student Housing
- University of Iceland Dorms: Affordable but limited. Apply early.
- Flatshares: Common with other exchange students, typically €500–700/month.
Transportation
- Reykjavik is walkable, but buses are the main student transport option.
- No trains, but student car shares are common for weekend trips.
Budget Survival Tips
- Shop at Bonus (Iceland’s cheapest grocery chain).
- Cook at home—restaurants are pricey.
- Students get discounts on hot springs and museums.
Cultural Life
Reykjavik feels like a small town—everyone knows everyone. Student cafés, open mic nights, and local festivals make it lively.
Pro Tip: Winter is dark—invest in a good lamp and embrace cozy hygge living.