Updated March 2026Real Estate Price (per m²) in Iceland (2026)
$5,400/m²
Ranked #87 of 106 • Global avg $3,574.057/m²
Central residential property in Iceland averages $5,400 per square metre, above the global average of $3,574/m².
Among the 30 economies tracked by NoodlePants, Iceland ranks #87 for price /m² — near the bottom of the global ranking.
A 75 m² apartment in this market would cost roughly $405,000 before fees and taxes.
All financial metrics for Iceland
Where Iceland ranks globally
#1
Egypt
Egypt$800/m²
#2
Moldova
Moldova$900/m²
#3
Venezuela
Venezuela$900/m²
#4
Pakistan
Pakistan$950/m²
#5
Uganda
Uganda$1,000/m²
#6
Ukraine
Ukraine$1,100/m²
#7
Uzbekistan
Uzbekistan$1,100/m²
#8
Tanzania
Tanzania$1,100/m²
#9
Tunisia
Tunisia$1,100/m²
#10
Bolivia
Bolivia$1,100/m²
#11
Guatemala
Guatemala$1,200/m²
#12
South Africa
South Africa$1,300/m²
Compare Iceland's price /m²
Pick another country and see a full side-by-side breakdown.
Want the full Iceland profile?
Live exchange rates, travel advisory, AI insights and more.
Open profile →