How can I save money on food in Iceland?

Is it expensive to buy food in Iceland?

Unlike almost everything else in Iceland [gas, liquor, accommodations, dining out], prices at grocery stores in Iceland are relatively similar to shopping at your average store in America or Europe. For example, Iceland groceries such as frozen pizza may cost $4-5 USD, chips may cost $2 USD, and bread will cost $3.

How can I spend less in Iceland?

How much money should I bring for food in Iceland?

Most meals at dinner will be at least 40-50 USD. It's not uncommon to find a 3-course menu that costs 150-200 USD in a restaurant in Reykjavik. Hotels often have a set menu price, which will often start from 5000 ISK (45 USD).

What is the best way to spend money in Iceland?

Taking a debit card with no transaction or withdrawal fees is the best option for travelling to Iceland, but it's also worth taking some cash for small payments such as bus journeys or public bathrooms. Visa and Mastercard are widely accepted, especially within Iceland's city regions.

How to save money on FOOD + DRINK in Iceland

Should I use cash in Iceland?

Something unique about traveling to Iceland is that you will virtually never need to use cash currency in Iceland. The vast majority of Icelanders use debit or credit card for making purchases.

Why is food so expensive in Iceland?

Firstly, labour itself is expensive with a lot of mandatory overhead. Secondly, farming in Iceland is tightly regulated with importation of many agricultural products forbidden and price controls on local products. The equipment needed to run a farm has to be imported, making Icelandic farms costly.

What's the average price of a meal in Iceland?

While meal prices in Iceland can vary, the average cost of food in Iceland is kr3,783 per day. Based on the spending habits of previous travelers, when dining out an average meal in Iceland should cost around kr1,513 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

How much should I budget for 7 days in Iceland?

An average trip to Iceland cost for travellers that want to vacation in Iceland is approximately $100-195 per person per day. This means that the cost of 7 days in Iceland is around $700 to $1365.

Is Iceland a cheap store?

Iceland is known for having quite expensive prices compared to America and Europe. However, if you know where you are going, you can always find places to buy things that are within your budget. Below you will find a list of supermarkets in order of how expensive they are, starting from the cheapest first.

How much is a meal in Reykjavik?

While meal prices in Reykjavik can vary, the average cost of food in Reykjavik is kr3,368 per day. Based on the spending habits of previous travelers, when dining out an average meal in Reykjavik should cost around kr1,347 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

How much is a cup of coffee in Iceland?

How much is a cup of coffee in Iceland? You may want to consider it an odd treat instead of a daily buy. A cup of latte or cappuccino goes for around 5 USD, tea at about 3 USD (usually with free hot water refills), and a regular black coffee goes for anything from 1.50 USD to 4 USD.

Do you tip in Iceland?

Tipping isn't mandatory or customary in Iceland, but it is always appreciated. The standard rate of tax on Icelandic products is 24%, with some products and services, including books, food and accommodation, taxed at a reduced rate of 11%.

Are vegetables expensive in Iceland?

We found many food products reasonable and then we'd find produce items like an aubergine (eggplant) for $6. That's like the cheapest vegetable next to potatoes! Iceland is one of the most expensive countries to live in the world and even the food prices reflect that.

How much is a bottle of water in Iceland?

Buying a bottle of water in Iceland can be as expensive as $3! As it's the same water in the bottle as the water you get from your cold tap (the water in Iceland is super clean) then there's no need to buy water during your stay in Iceland.

What food is not allowed in Iceland?

Prohibited articles. Uncooked meat and various meat products e.g. dried meat, uncooked smoked ham, bacon, saddle of pork, smoked uncooked sausages (e.g. salami), uncooked poultry etc. Meat and meat products have to be fully cooked in order to be allowed into the country. Uncooked milk and uncooked eggs.

Is meat expensive in Iceland?

Iceland is a typical North-European country. We have a wide variety of vegetables and meats. They are probably all more expensive than you are used to but it's not as if you need to mortgage your house for a chicken. But still, the Polar Bear meat in Iceland is outrageously priced.

How much is a burger in Iceland?

In Iceland, a typical fast food meal costs: 14 USD (1,800 ISK) for a McMeal at McDonalds or BurgerKing (or similar combo meal), and 4.30 USD (567 ISK) for a cheeseburger.

Do and don'ts in Iceland?

Do they speak English in Iceland?

English is taught as a second language in Iceland and almost every Icelander speaks the language fluently. And more so, most Icelanders speak several other languages including Danish, German, Spanish and French and welcome the opportunity to practice their language skills. Hope to see you soon in Reykjavík.

What should I buy in Iceland?