Another big spend during my trip to Iceland was on food. Sadly, there's no legal way of avoiding the high food prices, but doing your homework beforehand will always go a long way toward minimising the size of your grocery bill and save precious holiday time and energy. Food price hikes are a result of these three factors, she said. Current exchange rate 1 USD = 113.30 ISK (exchange rate date 2017-01-08). The Fast Food (McDonalds/KFC) price comparison chart shows that price for Fast Food (McDonalds/KFC) (Per Person) in Iceland is 86.10 % lower than the same Fast Food (McDonalds/KFC) price … The food prices in Iceland vary when it comes to products in the markets. Our entire breakfast cost the same as a single hot dog, which would not have been enough to call a meal. It will come as no surprise that food in Iceland is expensive, especially if you eat in a restaurant. After all, we import a lot of food and that costs money. Here are some photo and price tag of food in Rekjavik supermarket. We all know that Iceland is expensive. Pretty much the same kind of prices at Vegamot, and the food there was very nice too. Prices of food, restaurants, transportation, utilities, clothing and apartment rent & buying costs in Iceland. In fast food restaurants Subway, sandwiches 4,3 - … Iceland - prices, cost of travel and accommodation 2020 ☕ Restaurant prices ⚖ Prices in Supermarket Accommodation Cost Prices of Transportation and fuel Prices of Sports And Leisure Iceland - prices in restaurants, prices of food and drinks, transportation, fuel, apartments, hotels, supermarkets, clothing, currency - iceland Helpful? Your Iceland food list looks a million times better than most of the food posts I’ve seen about this country. Posted By Another Iceland Iceland is becoming a popular travelers’ pick. Plus, the cold climate limits what fresh produce can be grown there, such as fruit and vegetables, so a lot of food must be imported into the country. High VAT rates increase the price of products and food, although VAT on food is much lower than on other products. All supermarket will have Thai instant food and paste! Food prices in Iceland can be very high, yes, but spending close to $50/day is completely unnecessary! Shop Now. Answer 1 of 5: I am getting ready to take a trip to Iceland on a week, how much us dollars should I expect to spendnpernperson per day on an average meal.. Current average prices of 55 goods and services in 10 categories in Iceland. Table 1 shows the PLIs for four important groups of consumer goods and services (see below for a description of the content of each product group): food and non-alcoholic beverages; alcoholic beverages and tobacco; clothing; footwear. People have found them to be way too high, even in low-cost stores like Bónus. Price levels for food, beverages, tobacco, clothing and footwear. From small food shacks to large shopping centres: basically everywhere in Iceland accepts card payments, so it may be worth just packing light and paying with your plastic. What are the current prices of food in Iceland? I know, I live here, I deal with it every day. Below are photos of the food we could purchase in the supermarket most local to our hotel in Iceland; Kronan. And no wonder. In the currently selected tab you will find food and basic products prices in Iceland (for example prices of bread or mineral water). Top Tips For Your Trip To Iceland . Food prices in Iceland have been worrying for travelers who are on a budget. 275 reviews. It was too easy to avoid cooking our own meals in Iceland—at least in Reykjavik—and it cost us! That’s like the cheapest vegetable next to potatoes! Spot-on street food. I’m still pondering that one and dreaming of a taste. Due to fluctuating exchange rates between currencies, all prices in this article will be listed in their original ISK format. Food Prices In Iceland. Iceland is one of the most expensive countries to live in the world and even the food prices reflect that. Another expense you will need to consider for your Iceland travel budget is the price of food. Eating in Iceland doesn’t have to be expensive if you strategize in advance. I try to remind myself, when thinking about the prices in Iceland, that I live on island in the middle of the Atlantic Ocean, that’s covered in lava. Something from a sit-down restaurant with service can cost $25 USD or more! Instead, go grocery shopping and cook your own meals. While delicious, food prices in Iceland can be crazy! I found food to be the most expensive thing in Iceland. 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. Updated Jun. Big brands, low prices. Reviewed September 3, 2020 . Both restaurants and imported grocery products can be budget wreckers. Average salaries also included.. We do recommend Date of visit: August 2020. These prices are from November 2018 and are in Icelandic krona (for the exchange rate of Icelandic krona to your local currency see XE) That’s our complete guide to everything you could possibly need to know about supermarkets in Iceland. Shop Party Food . A bowl of soup and other dishes can cost from 9,3 USD = 1 190 ISK; Hamburgers, meat and vegetarian dishes 7,8 - 12,5 USD = 1000 - 1 600 ISK; Common pizza. They sell outside the store the cheapest fuel in Iceland. Good food, nice staff, affordable price We eat fish and chips , noodles soap and tea We enjoyed very much! In shops like Bonus or Kronan etc? It’s easy for your food budget to go through the roof at those prices. melody pittman says. June 20, 2017 at 11:02 am. Summary of cost of living in Iceland. The price of Fast Food (McDonalds/KFC) (Per Person) in Reykjavik, Iceland is 1,347.70 ISK Change the currency: Food; Basic lunchtime menu (including a drink) in the business district: 3,127 kr Combo meal in fast food restaurant (big mac meal or similar) 1,806 kr 500 gr (1 lb.) Reply. Eating and Drinking. Family of four estimated monthly costs: 884,729 kr Single person estimated monthly costs: 404,170 kr WARNING! Current as of Dec 2020. JLloydLondon. Join Iceland today. Answer 1 of 7: Hi, What are the current prices of food in Iceland? Whilst, it is rich in gashing waterfalls cascading jagged mountain cliffs, auroras lighting the arctic sky to the icy glaciers punctuated by black sandy beaches, when it comes to food people hardly know what to expect. 6 bottles for the price of 5. Prices there are high but everything is top notch quality- very high standards. Some of the most delicious experiences possibly await you here in Iceland!Icelandic food is among the healthiest in the world. In shops like Bonus or Kronan etc? The currency in Iceland is Icelandic Krona (ISK). The ultimate New Year's feast. Food Prices in Iceland. These estimates are based on data that may have some inconsistencies at the moment. As requested…FOOD PRICES in Iceland! Prices for inexpensive restaurants and fast food cafes. What kinds of foods you will find at the grocery stores in Iceland and how much everything costs.When we moved to Iceland our grocery bill tripled. helpful :-) Shop Drinks. I managed to spend less than half that amount during a full nine days on the island. Iceland Food Prices. List of prices in Reykjavik, Iceland. Taxes are also relatively high in Iceland. Hey guys it’s Jeannie, and today we are talking about groceries, and saving money in Iceland. In the last few years, Iceland has witnessed a surge in its local food scene; offering endless possibilities when it comes to dining. Popular Categories. *Prices for 2020. Besides this incredible wide range of products at convenient prices, is the fuel price which has caused a great fuss among the population. Register Sign In. It’s available for 24/48/72 hours, with prices starting from ISK 4,000/1,650 (adult/child) £25/£10. Tips: Seems like people here love Thai food! a loaf. 2020 Cod in a Mexican cream sauce? Prices from 3,9 USD = 500 ISK per piece. According to figures from Statistics Iceland, a person’s disposable income must now be over ISK 160,000 (USD 1,242) per month to keep him/her over the poverty line. Before departing to spend a holiday or business trip in Iceland carefully check the prices. I had a fantastic lamb sandwich (basically a juicy lamb steak in a nice bread with sauces) and my OH had a reindeer burger. The price for gasoline/ petrol in Iceland is about average for Europe - some countries are a little more, some a little less. of boneless chicken breast: 1,180 kr 1 liter (1 qt.) I'm searching for precise amounts, I have to plan how much will 2 people spend during 3 weeks tour through that wonderful land :-) A list of basic products+prices (like: bread, jam, tuna, ham, chicken breasts, rice, sauces etc) would be reaaalllyyy! basic food price in Iceland supermarket. I assume your $9 Gull beer was for a large 0,5 litre glass - this varies from place to place - … They sell at 169.9 ISK per liter, 15.8 kronas lower than the former cheapest branch of Iceland gas station. Discovering new foods and never-before-encountered flavors will open your eyes and your taste buds to a whole new range of authentic flavors and dishes. Price: 431.64 ISK. Frozen Fresh Household Food Cupboard Drinks Fresh Fruit & Veg Market Bakery New Year's Eve Beers, Wines & Spirits Luxury Hot Buys Offers Join thousands of new customers shopping online. Why Food Tasting Will Be the Best Part of Your Iceland Trip. This is the on ewent to shopping at 8pm. Eating out, even on the cheap, costs about $15 USD or more per meal. of whole fat milk: 172 kr 12 eggs, large: 788 kr 1 kg (2 lb.) While I think the 1011 store food prices in Iceland are outrageously high, it was still more cost effective than eating out in Reykjavik – and probably much healthier. Alcohol is in line with prices in Scandinavia, due to the heavy taxes. I think this will help you get picture of food expense in Iceland. We found many food products reasonable and then we’d find produce items like an aubergine (eggplant) for $6. Good grief you’ve left me licking my lips. Top Vacation Packages. With two lovely Icelandic beers in frosty mugs, that came to £25 when the credit card bill arrived - not bad! Bread . It’s perfectly understandable that food prices in Iceland are a little higher than on the European mainland.