And heres today's daily fix of mortgage comparisons! Giving you an idea of mortgage comparisons accross the globe ;D
Now here we have Iceland, the city of Reykjavík!,
Reykjavík is the capital and largest city of Iceland. Its latitude at 64°08' N makes it the world's northernmost capital of a sovereign state. It is located in southwestern Iceland, on the southern shore of Faxaflói Bay. With a population of around 120,000 (and over 200,000 in the Greater Reykjavík Area) it is the heart of Iceland's economic and governmental activity.
Average House Price: $47,900
Average Mortgage: $67,200
And here we have Norway, the city of Oslo!
Oslo is a municipality, as well as the capital and largest city in Norway. Oslo was established as a municipality on 1 January 1838. Founded around 1048 by King Harald III "Hardraade" of Norway, the city was largely destroyed by fire in 1624. The Danish–Norwegian king Christian IV moved the city, rebuilding it closer to Akershus fortress, as Christiania (briefly also spelt Kristiania). In 1925, the city reclaimed its original Norwegian name, Oslo. The diocese of Oslo is one of the five original dioceses in Norway, which originated around the year 1070.
Average House Price: $70,000
Average Mortgage: $82,200
So theres the facts guys, Iceland is more expensive to live! considering the economy aswel I'd personally go for Norway. How about you? ;D