Prices in Iceland

Updated

Currency:

1 USD = 137,27 ISK

Prices in cafes and restaurants

1.  Average bill in cheap local cafe

2000 ISK

2.  Average bill in tourist restaurant

5500 ISK

3.  Big Mac combo set (medium)

1000 ISK

4.  Cup of cappuccino

575 ISK

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Prices on products in supermarkets

1.  Bottle of water 0,5 liter

170 ISK

2.  Bottle of local beer 0,5 liter

350 ISK

3.  Bottle of imported beer 0,5 liter

400 ISK

4.  Bottle of wine 0.75 liter

2500 ISK

5.  Bottle of Coca-Cola 0.5 liter

200 ISK

6.  Rice 1 kg

300 ISK

7.  Bottle of milk 1 liter

120 ISK

8.  Tomato 1 kg

250 ISK

9.  Loaf of bread 0.5 kg

300 ISK

10.  Banana 1 kg

393 ISK

11.  Oranges 1 kg

400 ISK

12.  Apples 1 kg

350 ISK

13.  Potato 1 kg

150 ISK

14.  Meat (pork) 1 kg

2000 ISK

15.  Chicken breasts 1 kg

2500 ISK

16.  Cheese 1 kg

1700 ISK

17.  Eggs 10 pieces

600 ISK

18.  Snickers 50 g

150 ISK

Prices of accommodation rental

1.  Bed in 8-beds dormitory

3000 ISK

2.  Double room in budget hostel

5000 ISK

3.  Double room in average hotel (3-4 stars)

7000 ISK

4.  Rent of 1-bedroom apartment per day

11500 ISK

5.  Rent of 1-bedroom apartment per month

150000 ISK

6.  Average price for utilities per month

40000 ISK

7.  Cost of internet per month

6000 ISK

Real estate prices

1.  Price per square meter to buy apartment in city centre

350000 ISK

2.  Price per square meter to buy apartment outside of city centre

200000 ISK

Transportation costs

1.  Price of one-way ticket in public transport

450 ISK

2.  Price of monthly pass for public transport

7500 ISK

3.  Price of a taxi ride (average cost of trip in the city)

3750 ISK

4.  Cost of renting a bicycle per day

4000 ISK

5.  Cost of renting a car per day

25000 ISK

6.  Price of 1 liter of petrol 95

220 ISK

Flights to Iceland

We got information about prices in Iceland on food in cafes and restaurants, products in supermarkets, accommodation rental, real estate and transportation costs based on the data of 3 people. At the moment, prices have been added to the city Reykjavik.

We analyzed the average prices in Iceland and calculated that one day in country will cost you 17088 Icelandic kronas.

Have you been to Iceland or are you in the country now? Add the prices in the country to help other travelers plan their trip.

An advices on how to save money on food, transport and accommodation while traveling around Iceland

1. Buy alcohol in fríhöfnin before you leave the airport. (Cheapest)
2. Buy alcohol in Vínbuðin. (next cheapest) 3 Buy alcohol in restaurant (buy it when it's dark outside. nobody wants to be robbed when it's bright outside)
Never ever buy water. Get it from the next crane.
Shop in Krónan, Bónus or Netto. don´t shop in 10/11 and Iceland

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