I have family in Iceland and have considered moving there. It is located in the North Atlantic Ocean
It seems like a nice place to live, and having family there already would make the move a lot easier for you probably.
The live in the city of Reykjavik it is the capital city.
Isn't Reykjavik still pretty small compared to other capital cities?
It is and the surrounding areas in the southwest are home to over two-thirds of the population.
I have a feeling that I could like it there.  All the amenities of a bigger city, but without all the people.
I think the thing that worries me is it is still volcanically and geologically active.
I grew up in California and Japan, so geology doesn't worry me!