helpful :-) Due to fluctuating exchange rates between currencies, all prices in this article will be listed in their original ISK format. Answer 1 of 7: Hi, What are the current prices of food in Iceland? Eating in Iceland doesn’t have to be expensive if you strategize in advance. Helpful? 275 reviews. 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. Another expense you will need to consider for your Iceland travel budget is the price of food. All supermarket will have Thai instant food and paste! Shop Now. Current as of Dec 2020. Iceland is one of the most expensive countries to live in the world and even the food prices reflect that. Spot-on street food. The ultimate New Year's feast. We do recommend Date of visit: August 2020. These estimates are based on data that may have some inconsistencies at the moment. 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. Besides this incredible wide range of products at convenient prices, is the fuel price which has caused a great fuss among the population. I found food to be the most expensive thing in Iceland. basic food price in Iceland supermarket. Average salaries also included.. 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. The price of Fast Food (McDonalds/KFC) (Per Person) in Reykjavik, Iceland is 1,347.70 ISK I think this will help you get picture of food expense in Iceland. Current average prices of 55 goods and services in 10 categories in Iceland. Some of the most delicious experiences possibly await you here in Iceland!Icelandic food is among the healthiest in the world. I managed to spend less than half that amount during a full nine days on the island. 6 bottles for the price of 5. Big brands, low prices. We found many food products reasonable and then we’d find produce items like an aubergine (eggplant) for $6. Current exchange rate 1 USD = 113.30 ISK (exchange rate date 2017-01-08). 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.. June 20, 2017 at 11:02 am. Reviewed September 3, 2020 . What are the current prices of food in Iceland? Good food, nice staff, affordable price We eat fish and chips , noodles soap and tea We enjoyed very much! The currency in Iceland is Icelandic Krona (ISK). This is the on ewent to shopping at 8pm. Prices for inexpensive restaurants and fast food cafes. It was too easy to avoid cooking our own meals in Iceland—at least in Reykjavik—and it cost us! Bread . 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. Popular Categories. Why Food Tasting Will Be the Best Part of Your Iceland Trip. Summary of cost of living in Iceland. JLloydLondon. 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. 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. Food prices in Iceland can be very high, yes, but spending close to $50/day is completely unnecessary! Price: 431.64 ISK. 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. While delicious, food prices in Iceland can be crazy! List of prices in Reykjavik, Iceland. 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. 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! Instead, go grocery shopping and cook your own meals. It will come as no surprise that food in Iceland is expensive, especially if you eat in a restaurant. Something from a sit-down restaurant with service can cost $25 USD or more! Hey guys it’s Jeannie, and today we are talking about groceries, and saving money in Iceland. 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 … As requested…FOOD PRICES in Iceland! I’m still pondering that one and dreaming of a taste. Updated Jun. 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. Both restaurants and imported grocery products can be budget wreckers. Iceland Food Prices. 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. Shop Drinks. I had a fantastic lamb sandwich (basically a juicy lamb steak in a nice bread with sauces) and my OH had a reindeer burger. I assume your $9 Gull beer was for a large 0,5 litre glass - this varies from place to place - … Food prices in Iceland have been worrying for travelers who are on a budget. Below are photos of the food we could purchase in the supermarket most local to our hotel in Iceland; Kronan. Taxes are also relatively high in Iceland. Shop Party Food . Register Sign In. In the last few years, Iceland has witnessed a surge in its local food scene; offering endless possibilities when it comes to dining. 2020 In shops like Bonus or Kronan etc? Price levels for food, beverages, tobacco, clothing and footwear. Top Tips For Your Trip To Iceland . We all know that Iceland is expensive. Cod in a Mexican cream sauce? People have found them to be way too high, even in low-cost stores like Bónus. Another big spend during my trip to Iceland was on food. 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 The food prices in Iceland vary when it comes to products in the markets. Prices there are high but everything is top notch quality- very high standards. Eating and Drinking. of boneless chicken breast: 1,180 kr 1 liter (1 qt.) Prices from 3,9 USD = 500 ISK per piece. I know, I live here, I deal with it every day. After all, we import a lot of food and that costs money. 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. Top Vacation Packages. Tips: Seems like people here love Thai food! 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.) Alcohol is in line with prices in Scandinavia, due to the heavy taxes. 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. In fast food restaurants Subway, sandwiches 4,3 - … Our entire breakfast cost the same as a single hot dog, which would not have been enough to call a meal. It’s perfectly understandable that food prices in Iceland are a little higher than on the European mainland. Family of four estimated monthly costs: 884,729 kr Single person estimated monthly costs: 404,170 kr WARNING! Join Iceland today. The price for gasoline/ petrol in Iceland is about average for Europe - some countries are a little more, some a little less. Reply. Food Prices in Iceland. Food Prices In Iceland. High VAT rates increase the price of products and food, although VAT on food is much lower than on other products. Posted By Another Iceland Iceland is becoming a popular travelers’ pick. Eating out, even on the cheap, costs about $15 USD or more per meal. Your Iceland food list looks a million times better than most of the food posts I’ve seen about this country. a loaf. 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. Here are some photo and price tag of food in Rekjavik supermarket. It’s available for 24/48/72 hours, with prices starting from ISK 4,000/1,650 (adult/child) £25/£10. That’s like the cheapest vegetable next to potatoes! 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. 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. *Prices for 2020. And no wonder. Before departing to spend a holiday or business trip in Iceland carefully check the prices. of whole fat milk: 172 kr 12 eggs, large: 788 kr 1 kg (2 lb.) With two lovely Icelandic beers in frosty mugs, that came to £25 when the credit card bill arrived - not bad! In the currently selected tab you will find food and basic products prices in Iceland (for example prices of bread or mineral water). They sell at 169.9 ISK per liter, 15.8 kronas lower than the former cheapest branch of Iceland gas station. 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