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Chicago or Reykjavik

Comprehensive comparison between Chicago (USA) and Reykjavik (Iceland). Analyze differences in purchasing power, housing, safety, and visas to make your next move.

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Frequently Asked Questions

Based on 2026 cost of living data, Chicago is more affordable than Reykjavik. Chicago has a cost rating of 58/100, while Reykjavik has a cost rating of 94/100.
In terms of safety, Reykjavik ranks higher with a safety score of 65/100, compared to Chicago at 98/100. Chicago's safety score is 65/100 and Reykjavik's safety score is 98/100.
Average rent in Chicago is typically $2,300 per month, whereas typical rent in Reykjavik averages €1,600 - €2,400 per month.
For Chicago, the visa process is rated as: US Employment Visas (Requires US sponsorship (H-1B, L-1, O-1); competitive lottery system for non-transfers.). For Reykjavik, the process is rated as: Iceland Long-Term Remote Worker Visa (Iceland’s Remote Worker Visa allows non-EEA remote professionals to reside 180 days with proof of monthly income (~$7.5k/mo).).