How much should I budget for food in Iceland?

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Food in Iceland is extremely expensive. Even though I saved money on breakfast (included in my hostel stay), I would suggest budgeting $20-$35 USD per meal.

How much does a meal cost in Iceland?

Most meals at dinner will be at least 40-50 USD. It’s not uncommon to find a 3-course menu that costs 150-200 USD in a restaurant in Reykjavik. Hotels often have a set menu price, which will often start from 5000 ISK (45 USD).

Is food in Iceland expensive?

Eating out is relatively expensive (the average plate will cost between 2,000 and 4,000 ISK), so the locals consider restaurant dining as a treat, as opposed to a regular occurrence. If you are going to be eating out in Iceland every night of your stay, expect your expenses to soar.

How much should I budget for 7 days in Iceland?

An average trip to Iceland cost for travellers that want to vacation in Iceland is approximately $105-175 per person per day. This means that the cost of 7 days in Iceland is around $735 to $1225.

How do I eat in Iceland on a budget?

Below are some of the best places to get a tasty, warm meal in Reykjavik without having to spend too much money:
  1. Bæjarins Beztu Pylsur – “The Best Hot Dogs in Town” …
  2. Noodle Station – Asian Soup. …
  3. Hlölla bátar – Subs &amp, Burgers. …
  4. Dominos – Pizza. …
  5. Aktu Taktu – Burgers. …
  6. The Deli – Italian Food. …
  7. Reykjavík Chips – Fries.

How much should I budget for food in Reykjavik?

While meal prices in Reykjavik can vary, the average cost of food in Reykjavik is kr3,368 per day. Based on the spending habits of previous travelers, when dining out an average meal in Reykjavik should cost around kr1,347 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

Why is food expensive in Iceland?

Secondly, farming in Iceland is tightly regulated with importation of many agricultural products forbidden and price controls on local products. … The equipment needed to run a farm has to be imported, making Icelandic farms costly.

How can I go to Iceland on a budget?

Iceland on a Budget: 21 Ways to Save Money in Iceland
  1. Travel to Iceland Off Season. …
  2. Book a Cheap Flight. …
  3. Compare Lodging Options. …
  4. Book Accommodation in Advance. …
  5. Consider a Camping Holiday. …
  6. Consider All your Iceland Travel Options. …
  7. Consider Using Public Transit. …
  8. Buy a Bus Passport.

How many days in Iceland is enough?

8-12 days is an ideal amount of time to spend in Iceland as it means you can explore different regions. You could drive around the Ring Road in a full circle to reach the diverse corners of Iceland, from the South Coast to eastern fjords, around North Iceland and over to the Snæfellsnes peninsula.

Is living in Iceland expensive?

According to data derived from, Iceland is the world’s 4th most expensive country to live. … The costs of living in Iceland, including groceries, transportation, restaurants and utilities, are, according to the infographic, 2.14% higher than in New York.

How much money do you need per day in Iceland?

You should plan to spend around kr21,957 ($170) per day on your vacation in Iceland, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, kr3,783 ($29) on meals for one day and kr3,399 ($26) on local transportation.

How much is a Big Mac in Iceland?

You can buy a Big Mac in the US for $3.06, for the equivalent of $1.27 in China but it would cost you $6.67 in Iceland.

Should I take cash to Iceland?

Something unique about traveling to Iceland is that you will virtually never need to use cash currency in Iceland. The vast majority of Icelanders use debit or credit card for making purchases.

Is it expensive to eat in Reykjavik?

Reykjavik is not a budget destination but it’s not that expensive either unless you plan to splurge. If you stick with the basics (main courses, no appetizers, no drinks), a good meal can cost around $30.

What is typical food in Iceland?

TOP 10 foods to try in Iceland
  • Why Food Tasting Will Be the Best Part of Your Iceland Trip.
  • Skyr – The Icelandic Yogurt.
  • Slow Roasted Lamb.
  • Hákarl – Fermented Shark.
  • Icelandic Lamb Soup – Kjötsúpa.
  • Icelandic Fish.
  • Icelandic Hot Dog.
  • Rúgbrauð – Dark Rye Bread from a Hot Spring.

How much is fast food in Iceland?

Prices for inexpensive restaurants and fast food cafes

Prices from 3,9 USD = 500 ISK per piece.

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