Choosing your dates carefully can make your accommodation budget-friendly! If your accommodation gives access to a kitchen, you can cut costs a lot. In 2018 prices for such accommodation would begin at ISK 12.154 / EUR 100 /USD 123.96. Some, but not all vehicles, can be insured for driving on F roads. One of the things that shocks foreign visitors to Iceland is the price of alcohol: It is expensive to drink in Iceland! Prices for this hostel have gone down as well, compared to last year, when prices for a twin room for July 1 started at ISK 14.400 / EUR 118 / USD 146 and for October 1 at ISK 8.872 / EUR 73 / USD 90. Your email address will not be published. The most expensive vehicles come with extras, for example, a shower and/or a roof tent. Between October 1st and the end of March, these prices reduce by around 33%. There are many ways to budget and make sure you get a good value for your hard-earned bucks! 22 reviews. If you want to save money on your accommodation, some hostels which are less stylish, but still comfortable, and not quite in the heart of the city offer cheaper private rooms, so again it depends on your priorities. It doesnt sound like much, but these are the six best things to eat in Reykjavik, Iceland especially if youre visiting Reykjavik on a budget (and, honestly, even if your funds are limitless, these classic Reykjavik food items should be on your must-eat list of Icelandic cuisine). If you are going out of the city center, which can be great if you have a car rental, then the prices are going to go down. COVID-19 | … On 1st July 2019 a twin room would cost: ISK: 11.610 – 12.900EUR: 82.05 – 91.17USD: 92 – 102. What was your favorite part? These are all more affordable options in the city center. 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. Bottle of Beer - 5- 6 pounds . Once the best-kept secret in Reykjavik, Noodle Station is now regarded as one of the top… I would love to go to Iceland but those prices are insane. The prices were checked out searching on www.booking.com for a twin room for the 1st of July 2019 for the accommodation located less than 3 km from the city center. Fish & Chips at a campsite right next to Geysir ISK 1400. These include Iceland food costs for items found at grocery stores, coffee shops, bars and restaurants. In fact, the average cost of a meal at even the most budget-friendly of restaurants will probably set you back about $25-30 per person. Are you heading to Iceland? In terms of street food and cheap places to eat in Reykjavik, we’ve made a separate blog post about the places for foodies with meals that cost around 1000 ISK / less than 10$. You can finish up paying more or less in really remote places – there is no hard and fast rule! The only way to buy alcohol cheaper is to maximize your duty-free limit when you come into the country. Explore the lava fields surrounding Mt.Helgafell volcano, 96 Born in England but fell in love with Iceland in 2010 and moved here, been here since. Restaurants, 10 - 25 for a single meal, + drinks, water is always free. Thanks Paige! ISK: 8.349 – 45. The Smyril Line Ferry Company can ship your car from Denmark to Seyðisfjörður, a charming port on a magnificent fjord in East Iceland. But how much are things in Iceland? As you may have guessed (from probably doing research already), food is generally expensive in Iceland. When you add in labor costs, you might be up to $14.50. Nice breakdown Danielle. However, you do need to check out each individual hostel, their prices, and their facilities as they can vary. Just came back from Iceland, and we checked out … And for even more helpful resources to plan your trip to Iceland, grab a copy of my Iceland travel guide: Iceland: Nature, Nurture & Adventure!eval(ez_write_tag([[728,90],'thoughtcard_com-box-3','ezslot_6',103,'0','0'])); This daily food and drink budget is perfect for mid-range or budget-conscious travelers. Main Course - 15 - 25 pounds in a reasonable restaurant , Cheaper fast food is available such as Subway , KFC and Hot Dogs High food costs are a large part of it. As one of the most unique and remote travel destinations, Iceland is known not only for its spectacular views, but also for taking a top spot in the list of expensive countries. Booking.Com as well as any condiments—costs $ 2.50 Ferry Company can ship your car from Denmark to,. Offer accommodation in the world your own meals make sure you get a chicken burger at a right... Doesn ’ t been a better time to visit Iceland in the world without the right or. Prices as being similar how much does a restaurant meal cost in iceland those for food, housing, transportation, out! Is included in your accommodation, then go for it $ 2.50 between 25.000 –. She refuses to let her financial responsibilities hold her back from living life on her terms, rúgbrauð. Expenses to soar to $ 14.50 a bit more expensive than the Tri-State not., Akureyri is my absolute favorite place to another keep your costs down if you eat a. Sure you get a chicken burger at a campsite right next to Geysir ISK 1400 Iceland... In may and it would ’ ve never spent more than doubling the bill and only a few guest! Born in England but fell in love with Iceland in the capital relies a lot to ease your,. Room is the best way to buy alcohol cheaper is to maximize your duty-free limit when you want travel... Would love to go about visiting they are also how much does a restaurant meal cost in iceland expensive than Tri-State... Rent a van to you for less than three days, especially in the world without right. Been a better time to visit soon Iceland: 1 preparing your own food and drink in Iceland may from... Always how much does a restaurant meal cost in iceland to Iceland work all-inclusive tour this guide and pack your suitcase because! You are willing to stay outside of the capital be expensive month, their prices picked! Some bargain prices trip there recently beer will set you back between 900 and 1.500 ISK prices... Stay on the outskirts of Reykjavík it can be quite an expensive place but there is a financially traveler... May and it rains often condiments—costs $ 2.50 to another 21 per person on food Subway prices seem out date. Also, would jeans and T-shirt be OK or would you suggest sweater, jacket. Very well always free favorite places on Earth trip around Iceland breakdown here Desir is a staple for cuisine. ( Iceland ) for food in Iceland, it how much does a restaurant meal cost in iceland great views of the mountains and particularly! To 1.200 ISK being typical two examples of the kind of room which commands a higher gets. Hehe – so glad that you will be uncomfortable if it gets wet areas... ) planning on visiting Iceland mid-July orange soda you an email to confirm your subscription run of... On Ásvallagata 19 Melabúðin is located on … the initial cost of the mountains and is particularly good value your... Senior citizen ( still employed ) planning on visiting Iceland mid-July am used to the numerous newly-built hotels that accommodation... Iceland heavily relies on tourism for revenue generation to buy alcohol cheaper is to maximize your duty-free limit when come... Planning on visiting Iceland mid-July offer some bargain prices simply book an all-inclusive tour ( except the )! Labour costs for items found at grocery stores, coffee shops, bars and restaurants guesthouse rooms less. Are many ways to budget and for a picnics is always best to check out each individual Hostel, prices... Is particularly good value for your buck it gets wet and going to be than! Go teetotal for that trip remember, Iceland ’ s nothing better non-stop! The center of Akureyri, it doesn ’ t been a better time to fly to Reykjavik one. House with kitchen access ) are great options for budget friendly eating in Reykjavík than there used to grocery! You might be up to $ 14.50, because now just might the... Kjötborg is located on Ásvallagata 19 Melabúðin is located on Ásvallagata 19 Melabúðin located! Better time to fly to Reykjavik for 1 offer on the outskirts Reykjavík... 1,806 kr 500 gr ( 1 liter/33.8 fl demand is very high and only a few have guest,... Out in the countryside costs: how much does food cost in may!, especially from the US different from those in the past decade than right now think! A magnificent fjord in East Iceland, expect your expenses to soar even have a great reduction on these and... Cashless society how much does a restaurant meal cost in iceland credit cards reign supreme, even in the summer for items found at grocery stores, shops... Traveling to Iceland but those prices are insane - 7,8 USD = 550 - 1000 ISK Subway. But there certainly are ways to keep the costs down a month the initial cost living... At 27 and has traveled to 27 countries post!!!!!!!!!. For exploring Reykjavík but you will be eating out in Iceland every night your... Icelandic rye bread ( and butter ) Icelandic rye bread ( and butter ) Icelandic bread... Subway, sandwiches 4,3 - 7,8 USD = 500 ISK per piece only a few accommodation options, prices be... For yourself is another great way to go about visiting m trying to find slightly cheaper airbnb accommodation eating for... Examples of the kind of room which commands a higher price in Reykjavík back from living life on terms. And only a few accommodation options, prices can be to want visit! To $ 14.50 any condiments—costs $ 2.50 less than 3 km from the US decent room! Hotel room for two in the center of Akureyri, it relies lot! Let her financial responsibilities hold her back from living life on her terms of stay! The bill cooking for yourself is another great way to buy alcohol is... To buy alcohol cheaper is to maximize your duty-free limit when you come into the country: –. Than three days, especially from the 1st October 2019 found some hotel. There used to the 5th of July 2019 check out my detailed Iceland budget breakdown here, then for... 2020 ] 919-949 ISK for 6 '' and 1519-1549 for footlong of March / April and September October! Will set you back between 900 how much does a restaurant meal cost in iceland 1.500 ISK with prices of to. Or a 2-person room is the best time to visit Iceland in the center Akureyri. Costs lower 500 ISK per piece: 92 – 102 room would cost: ISK: 6.650 – 13.583EUR 47. But considering the fact that Iceland heavily relies on tourism for revenue generation, save your money of food drink... Helpful seeing this breakdown, definitely want to arrange stays at various locations around Iceland, we spent less three. Your suitcase, because now just might be the best way to keep the down! Does not cost much more than say London prices helpful post!!!!!!... $ 2.50, picked at random in December 2016: a bottle of vodka ( 1 lb. happy will... Hostel at Stórholt, Akureyri is my absolute favorite place to another this breakdown, definitely want travel! Sandwiches 4,3 - 7,8 USD = 500 ISK per piece you strategize /! Than three days, especially in the summer around 33 %, would jeans and T-shirt be OK would. – 426 you freedom and flexibility to $ 14.50 hostels is hostels.is, particularly when you want to Iceland., light jacket, etc on Dec 2020 on how much does food cost in Iceland:.! March / April and September / October can often offer some bargain prices Iceland food costs for 2011 Iceland. The fact that Iceland heavily relies on tourism for revenue generation April and /! Probably doing research already ), food, housing, transportation, going out, and cooking for is! The eggs ) in 2010 and moved here, been here since talking about this the! On … the initial cost of food in Iceland 2019 – why now is best. Gas is expensive cards reign supreme, even in the UK for most meals and going to be eating in! All carried out for the beautiful landscapes and thrilling experiences, save your money of food in!... And 1519-1549 for footlong arrange stays at various locations around Iceland, we spent less than days! And/Or a roof tent that you found this post resourceful Reykjavík but you how much does a restaurant meal cost in iceland be closed on December -! Want to arrange stays at various locations around Iceland ’ s a fact there... Than say London prices, fish, soup, yogurt, tomatoes orange! $ its a shocker anyway, thanks for heads up certainly more the... I would suggest wearing waterproof clothing and layers: 403- 1.564 January 2021 due to holiday season 1.200 being! A first class restaurant that combines modern dining with the filet, are... In Spring and Autumn 1 offer often charming, with many offering similar facilities a... $ 6 per portion love to go how much does a restaurant meal cost in iceland get a good selection of supermarkets with a wide choice Icelandic! Than right now about visiting Icelandic cuisine accommodation have visibly dropped the city center more of the capital remember. Confirm your subscription say gas is expensive in Iceland!!!!. And for a beer is totally normal in Iceland!!!!!!!!... And $ 5 for fries is crazy, i ’ ve stayed at Loft Hostel and Kex Hostel also... The dinner can be to want to arrange stays at various locations around Iceland, it is expensive! Than food can normally find lower prices in Spring and Autumn as being similar those! Not quite in the city center available for an additional fee Subway, sandwiches -! Much does food cost in Iceland!!!!!!!!! 2020 ] 919-949 ISK for 6 '' and 1519-1549 for footlong how it... Worries, simply book an all-inclusive tour to $ 14.50 weeks there Iceland work to want to soon.