Iceland Food Costs: How much does food cost in Iceland?

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

Fish n Chips

 

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

Iceland budget breakdown

FREE spreadsheet download of my May 2018 expenses during my third trip to Iceland. You'll also get regular emails by joining the list.

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6 replies
  1. Claire says:

    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!

    Reply
  2. Paige says:

    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.

    Reply
  3. Lisa says:

    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!

    Reply
  4. Ryan K Biddulph says:

    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.

    Reply

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