The building cost index compiled in the middle of October 2018 is 141.0 points (December 2009=100), 0.6% higher than in the previous month.  Price of imported material increased by 1.4% (effect on the index 0.3%). Domestic material increased by 0,7% (effect on the index 0.3%). In the last twelve months the building cost index has increased by 3.8%. The index applies to November 2018.

The Icelandic building cost index 2017–2018
  Month of application January 2010=100 Reference month December 2009=100          
    Annualized rates
  Monthly changes Latest month, % Latest 3 months, % Latest 6 months, % Latest 12 months, %
 
2017              
November 135.8 136.1 0.3 3.2 9.6 7.0 4.5
December 136.1 136.5 0.2 3.0 4.1 7.6 4.8
2018              
January 136.5 137.0 0.4 4.5 3.6 6.7 5.1
February 137.0 136.9 0.0 -0.5 2.3 5.9 5.1
March 136.9 137.0 0.1 1.0 1.7 2.9 5.4
April 137.0 137.4 0.3 3.2 1.2 2.4 5.6
May 137.4 139.1 1.2 15.9 6.5 4.4 5.7
June 139.1 139.2 0.1 1.3 6.6 4.1 5.8
July 139.2 139.9 0.5 5.9 7.5 4.3 5.5
August 139.9 139.9 0 -0.1 2.3 4.4 5.2
September 139.9 140.2 0.2 2.5 2.8 4.7 3.8
October 140.2 141 0.6 6.9 3.1 5.3 3.8
November 141.0 . . . . . .

Statistics