Prices in Iceland


Based on the data of 1 person, we got information about prices in Iceland on food in cafes and restaurants, products in supermarkets, accommodation rental, real estate and transportation costs. 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 14200 Icelandic kronas.

SubjectMin priceMax priceAverage price

Prices in cafes and restaurants

1. Average bill in cheap local cafe2000,002000,002000,00
2. Average bill in tourist restaurant2000,002000,002000,00
3. Big Mac combo set (medium)1000,001000,001000,00
4. Cup of cappuccino400,00400,00400,00

Prices on products in supermarkets

1. Bottle of water 0,5 liter200,00200,00200,00
2. Bottle of local beer 0,5 liter350,00350,00350,00
3. Bottle of imported beer 0,5 liter400,00400,00400,00
4. Bottle of wine 0.75 liter2500,002500,002500,00
5. Bottle of Coca-Cola 0.5 liter200,00200,00200,00
6. Rice 1 kg300,00300,00300,00
7. Bottle of milk 1 liter120,00120,00120,00
8. Tomato 1 kg250,00250,00250,00
9. Loaf of bread 0.5 kg300,00300,00300,00
10. Banana 1 kg300,00300,00300,00
11. Oranges 1 kg400,00400,00400,00
12. Apples 1 kg350,00350,00350,00
13. Potato 1 kg150,00150,00150,00
14. Meat (pork) 1 kg2000,002000,002000,00
15. Chicken breasts 1 kg2500,002500,002500,00
16. Cheese 1 kg1700,001700,001700,00
17. Eggs 10 pieces600,00600,00600,00
18. Snickers 50 g150,00150,00150,00

Prices of accommodation rental

1. Bed in 8-beds dormitory3000,003000,003000,00
2. Double room in budget hostel5000,005000,005000,00
3. Double room in average hotel (3-4 stars)7000,007000,007000,00
4. Rent of 1-bedroom apartment per day10000,0010000,0010000,00
5. Rent of 1-bedroom apartment per month150000,00150000,00150000,01
6. Average price for utilities per month40000,0040000,0040000,00
7. Cost of internet per month6000,006000,006000,00

Real estate prices

1. Price per square meter to buy apartment in city centre350000,02350000,02350000,02
2. Price per square meter to buy apartment outside of city centre200000,00200000,00200000,00

Transportation costs

1. Price of one-way ticket in public transport450,00450,00450,00
2. Price of monthly pass for public transport7500,007500,007500,00
3. Price of a taxi ride (average cost of trip in the city)2500,002500,002500,00
4. Cost of renting a bicycle per day4000,004000,004000,00
5. Cost of renting a car per day25000,0025000,0025000,00
6. Price of 1 liter of petrol 95240,00240,00240,00

Flights to Iceland


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