How much does food cost in Iceland? As you may have guessed (from probably doing a ton of research already), food is generally expensive in Iceland. However, in the spirit of providing you with the important information you need to financially prepare for your upcoming trip, I’m going to share with you the food prices in Iceland that I’ve seen during my two most recent trips (September 2017 and May 2018). These include Iceland food costs for items found at grocery stores, coffee shops, bars and restaurants.
For more on how much a trip to Iceland costs – check out my detailed Iceland budget breakdown or grab an excel spreadsheet detailing all of my costs from my recent trip at the end of this post.
Daily Iceland Food Costs
As of May 2018
Suggested Daily Iceland Food and Drink Budget
This daily food and drink budget is perfect for mid-range or budget-conscious travelers. It assumes that you will be eating out for most meals and going to the grocery store to pick up snacks.
Iceland Daily Food and Drink Breakdown:
Daily Budget: 7,900-11,600 ISK ($75-$110 USD)
- Breakfast: 2,000-2,500 ISK ($19-$24 USD)
- Lunch: 2,100-3,700 ISK ($20-$35 USD)
- Dinner: 2,600-4,225 ISK ($25-$40 USD)
- Beer or wine (at bar): 1,160 ISK ($11 USD)
How Much Does Food Cost in Iceland
Price of Coffee in Reykjavík
Latte at Joe & The Juice: 450 ISK or $4.22 USD
Americano at Cafe Haiti: 520 ISK or $4.90 USD
- Croissant and cheese: 600 ISK or $5.63 USD
Latte at Reykjavik Roasters: 600 ISK or $5.63 USD
- Croissant: 450 ISK or $4.22 USD
- Shot of Expresso: 400 ISK or $3.76 USD
- Macchiato: 500 ISK or $4.70 USD
- Water (from the tap): Free
Prices at Bakery in Reykjavík
Croissant at Braud & Co, Reykjavik: 450 ISK or $4.22 USD
Prices at Grocery Stores in Reykjavík
(1) Banana: 141 ISK or $1.32 USD
Bag of Sour Cream & Onion chips: 199 ISK or $1.86 USD
Pepsi: 199 ISK or $1.86 USD
Skyr: 299 ISK or $2.81 USD
Snapple: 399 ISK or $3.75 USD
Red Bull: 499 ISK or $4.67 USD
Icelandic Chocolate: 549 ISK or $5.16 USD
6 eggs: 649 ISK or $6.09 USD
12 eggs: 999 ISK or $9.38 USD
Prices at Gas Stations Near Reykjavík
Oreos: 139 ISK or $1.30 USD
Skyr: 235 ISK or $2.20 USD
Cup of coffee: 295 ISK or $2.77 USD
Bag of Doritos chips: 349 ISK or $3.28 USD
Bagel and cream cheese: 650 ISK or $6.10 USD
Prices Along the Golden Circle
Tropi Juice: 295 ISK or $2.77 USD
Bag of Doritos chips (small): 350 ISK or $3.28 USD
Skyr: 390 ISK or $3.66 USD
Pringles: 390 ISK or $3.66 USD
Sprite/Fanta/Coca Cola: 395 ISK or $3.71 USD
Muffin: 490 ISK or $4.60 USD
French Fries: 590 ISK or $5.54 USD
Bag of Doritos chips (big): 790 ISK or $7.41 USD
Sandwiches: 790 ISK or $7.42 USD
Local Salad: 1,290 ISK or $12.12 USD
Price of Alcohol at Keflavík International Airport (KEF)
Duty Free
Bottle of Wine: 1,199-1,799 ISK or $11.29-$16.94 USD
Bacardi Original: 2,712 ISK or $25.66 USD
Price of Alcohol in Bars in Reykjavík
Beer at Ölsmiðjan: 590 ISK or $5.54 USD
Somersby Cider at Reykjavik Loft HI Hostel: 932 ISK or $8.82 USD
Beer at Kex Hostel Reykjavik: 1,100 ISK or $10.33 USD
Smirnoff: 1,490 ISK or $14.00 USD
Dining Out in Reykjavík
Dinner at Gló: 2,000 ISK or $18.78 USD
Fresh salad and sweet naan stuffed with Coconut and raisins at Gandhi Indian Restaurant: 1,100 ISK or $10.33 USD
Green curry dish at Krua Thai: 2,150 ISK or $20.19 USD
Fish and chips (catch of the day) at Icelandic Fish and Chips: 2,200 ISK or $21.27 USD
Fish and chips (catch of the day) at Icelandic Fish and Chips: 2,480 ISK or $23.36 USD
Dining Around Iceland
Cup of coffee at Seljalandsfoss Shop: 450 ISK or $4.22 USD
Pie and coffee at Kaffi Emil: 1,200 ISK or $11.27 USD
Soup at Black Beach Restaurant in Vik: 1,572 ISK or $14.84 USD
Now that you’ve familiarized yourself with some of Iceland’s food costs, plug these figures into your budget and pack your bags. You’re headed to Iceland!
These Iceland food costs were accurate as of May 30, 2018.
Iceland Budget Breakdown - Excel Spreadsheet
FREE spreadsheet download of my May 2018 expenses during my 3rd trip to Iceland. You'll also get regular emails by joining the list.
Danielle is a travel finance strategist, writer, speaker and podcaster. She paid off $63,000 of student loan debt in 4 years, bought a house at 27 and has traveled to 25 countries. She refuses to let her financial responsibilities hold her back from living life on her own terms.
We are going to Iceland for holiday in 2 days time for a month. Seeing these prices i think it will be expensive month. Eggs 10$ its a shocker anyway, thanks for heads up
Have a great trip to one of my favorite places on Earth!
We were just talking about this debating the cost of food in Iceland! My one friend was saying “oh its cheap if you buy everything at the grocery store” and my other friend as like “a dozen eggs are $10 when they are normally $2 in the US!” This article puts that debate to rest! Thanks so much for this very helpful post!!!
Put that debate to rest! Hehe – so glad that you found this post resourceful!
So helpful seeing this breakdown, definitely want to visit soon!
Excellent – looking forward to hearing all about your trip!
Well, it is a bit expensive but considering the fact that Iceland heavily relies on tourism for revenue generation. It is somehow justified.
Eeek! I would love to go to Iceland but those prices are insane. I suppose they have to charge more to actually get all the stuff into the country – they have to import a lot I guess, but those prices are eye-watering! $11 for a glass of wine?? I’d definitely go teetotal for that trip!
I kid you not $11 for a beer is totally normal in Iceland! I decided to skip alcohol in my most recent trip and saved a ton!
This is a really great breakdown. We just came from Iceland in May and it was so painful on our budget. We wanted to get a chicken burger at a gas station and it would’ve been $21 per person! We had a lot of Ramen noodles and grilled cheese sandwiches and peanut butter sandwiches during our 2.5 weeks there. This will help a lot of people decide whether or not they can make a trip to Iceland work.
Thanks Paige! I’ve never spent more than 4 days in Iceland because it is so expensive. How did you enjoy your 2.5 weeks? What was your favorite part?
This is a really useful post for travellers, especially from the US. I live in London and am used to the high prices we have, but Iceland was insanely expensive. $4 for a muffin and $5 for fries is crazy, I remember paying these prices very well!
Nice breakdown Danielle. I do not pay much less in NJ. A bit more expensive than the Tri-State but not by much. I see these prices as being similar to those for food in New Zealand. We wrapped up a 3 month trip there recently.