Total housing costs in pps in Iceland
Iceland: Total housing costs in pps was 876.7 Purchasing power standard (PPS) in 2020. ▲ Rising
Latest (2020)
876.7 Purchasing power standard (PPS)
Change on year
down 0.4%
World rank
5th
of 47 countries
All-time high
879.9 Purchasing power standard (PPS)
in 2019
All-time low
595 Purchasing power standard (PPS)
in 2004
Years of data
17
2004–2020
Total housing costs in pps in Iceland, 2004–2020
Source: Eurostat. Measured in Purchasing power standard (PPS).
Analysis
In 2020, total housing costs in pps in Iceland stood at 876.7 Purchasing power standard (PPS).
Compared with earlier readings it is down 0.4% on the previous year and up 34.1% over ten years.
Over the whole period, total housing costs in pps in Iceland peaked at 879.9 Purchasing power standard (PPS) in 2019 and was at its lowest, 595 Purchasing power standard (PPS), in 2004.
Iceland ranks 5th of 47 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Total housing costs in pps in Iceland, year by year
| Year | Purchasing power standard (PPS) | Change |
|---|---|---|
| 2004 | 595 Purchasing power standard (PPS) | — |
| 2005 | 694.2 Purchasing power standard (PPS) | +16.7% |
| 2006 | 810.9 Purchasing power standard (PPS) | +16.8% |
| 2007 | 734.9 Purchasing power standard (PPS) | -9.4% |
| 2008 | 828.9 Purchasing power standard (PPS) | +12.8% |
| 2009 | 765.7 Purchasing power standard (PPS) | -7.6% |
| 2010 | 653.7 Purchasing power standard (PPS) | -14.6% |
| 2011 | 693.8 Purchasing power standard (PPS) | +6.1% |
| 2012 | 661.3 Purchasing power standard (PPS) | -4.7% |
| 2013 | 678.6 Purchasing power standard (PPS) | +2.6% |
| 2014 | 653.3 Purchasing power standard (PPS) | -3.7% |
| 2015 | 673.6 Purchasing power standard (PPS) | +3.1% |
| 2016 | 662.9 Purchasing power standard (PPS) | -1.6% |
| 2017 | 714.1 Purchasing power standard (PPS) | +7.7% |
| 2018 | 764.9 Purchasing power standard (PPS) | +7.1% |
| 2019 | 879.9 Purchasing power standard (PPS) | +15.0% |
| 2020 | 876.7 Purchasing power standard (PPS) | -0.4% |
Iceland compared with similar countries
- Iceland's 876.7 Purchasing power standard (PPS) is above the median for Europe & Central Asia, which is 460.45 Purchasing power standard (PPS), 1.9× the median. (34 countries reporting)
- Iceland's 876.7 Purchasing power standard (PPS) is above the median for high income countries, which is 495.8 Purchasing power standard (PPS), 1.8× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 738.27 Purchasing power standard (PPS) | 595 Purchasing power standard (PPS) | 828.9 Purchasing power standard (PPS) | 6 |
| 2010s | 703.61 Purchasing power standard (PPS) | 653.3 Purchasing power standard (PPS) | 879.9 Purchasing power standard (PPS) | 10 |
| 2020s | 876.7 Purchasing power standard (PPS) | 876.7 Purchasing power standard (PPS) | 876.7 Purchasing power standard (PPS) | 1 |
Countries ranked near Iceland
- 2 Denmark 1,097 Purchasing power standard (PPS) compare
- 3 Luxembourg 973 Purchasing power standard (PPS) compare
- 4 Switzerland 971.4 Purchasing power standard (PPS) compare
- 6 Germany 836.7 Purchasing power standard (PPS) compare
- 7 Netherlands 721.5 Purchasing power standard (PPS) compare
- 7 Netherlands 721.5 Purchasing power standard (PPS) compare
More urban development data for Iceland
- PM2.5 air pollution, mean annual exposure 4.93 micrograms per cubic meter (2023)
- Crude steelmaking capacity 0 Tonnes (2025)
- Africa's Development Dynamics (AfDD) Table 23 - Ecological 3.16 Hectares (2020)
- Population density 3.82 people per sq. km of land area (2023)
- Establishments, bedrooms and bed-places in tourist accommodation, by 1,124 Number (2020)
- PM2.5 air pollution, population exposed to levels exceeding WHO 10.3% (2017)
- Nights spent at tourist accommodation establishments by degree of 9.52 million Number (2023)
- Expenditure on housing function by type of benefit and means-testing 129.35 Million euro (2024)
- Housing cost overburden rate by age, sex and poverty status 13.1% (2020)
- At-risk-of-poverty rate after deducting housing costs by age and sex 28.3% (2020)
Frequently asked questions
- What is total housing costs in pps in Iceland?
- Total housing costs in pps in Iceland was 876.7 Purchasing power standard (PPS) in 2020, according to Eurostat.
- What is the highest total housing costs in pps recorded in Iceland?
- The highest recorded value was 879.9 Purchasing power standard (PPS) in 2019.
- What is the lowest total housing costs in pps recorded in Iceland?
- The lowest recorded value was 595 Purchasing power standard (PPS) in 2004.
- How does Iceland rank for total housing costs in pps?
- Iceland ranks 5th out of 47 countries with data for 2020.
- Is total housing costs in pps rising or falling in Iceland?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Total housing costs in pps. Statizoid updates them automatically from the source API.
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