Prices in Reykjavik

How much will you spend in restaurants and bars? Is eating out expensive in Reykjavik? Below you will see our breakdowns and comparisons of prices and expenses in Reykjavik.

Reykjavik price changes hikersbay.com
Reykjavik Food Prices & Prices In Restaurants

What are the supermarket prices in Reykjavik? Are the costs of living in Reykjavik higher than in United States? Reykjavik - How much do you need to spend on entertainment, and how much will you pay in restaurants and bars?
Below you will read the current price and cost statement in Reykjavik: food prices, Prices in restaurants, cost of living, and entertainment costs (The last update: today 3 hours ago)

Currency in Iceland Icelandic króna (ISK). For 10 US dollars you can get 1.39 thousand Icelandic krónur. For 100 US dollars you can get 13.9 thousand Icelandic krónur. And the other way around: For 100 Icelandic krónur you can get 0.719 US dollars.


Summing up different expenses, it can be concluded that it is generally more expensive in Reykjavik than in United States. Food and basic products are more expensive in 28%. In restaurants, it will be more expensive by 49%. And the cost of living is higher in Reykjavik around 12%. When it comes to spending free time, entertainment, and sports, it's more expensive in 29%.

Are hotels expensive in Reykjavik? How much will we pay for a room in Reykjavik?

The average price of accommodation in Iceland is $132 (ISK 18.3K). The cost of a room in a 2-star hotel is Iceland in $90 (ISK 12.6K). 3-star hotels offer accommodation for an average price of $111 (ISK 15.5K) Overnight stay in a 4-star hotel costs $151 (ISK 20.9K) in Iceland If you are looking for the best conditions for your stay, then in 5-star hotels that will provide much more luxury you will have to pay $543 (ISK 75.5K)


Is it expensive in stores in Reykjavik? Will I pay a lot for groceries in Reykjavik? Below you will find the current price list of food products in Reykjavik, such as: potatoes, bananas, bottled water, oranges, or chicken breast (The last update: today)

Can you eat cheaply in restaurants in Reykjavik? What are the prices in affordable pubs in Reykjavik? How much will I have to spend a day when I only eat in fast food restaurants in Reykjavik?

If we are looking for an inexpensive place to eat, we should expect to pay around 21 US dollars. With limited time and to avoid spending too much, you can opt for fast food. The cost of a meal set (sandwich, fries, and a soda) is approximately 16.9 US dollars. And when we can afford to go out to the restaurant, we'll pay for a three-course meal around 124 US dollars. And if you want to drink a beer or two, you have to pay extra: 22 US dollars (price for 2 bottles) And if you prefer a Coke, Fanta, Sprite or similar carbonated drink, then you have to pay 2.9 US dollars for a small bottle.
Below you will find a full list of prices in Reykjavik, including potatoes, bananas, bottled water, oranges, or chicken breast


If you're planning a trip to a specific region of the world, might it be cheaper than in Reykjavik? Check out prices in nearby countries: Faroe Islands, United Kingdom, Ireland, Isle of Man, and Norway.

Food

Current prices overview: food prices Reykjavik

Restaurants

Current prices overview: Prices in restaurants Reykjavik

Cost Of Living

Current prices overview: cost of living Reykjavik

Entertainment

Current prices overview: entertainment costs Reykjavik

Reykjavik - comparison of selected prices with prices in United States:

Price fees $84 ($50 - $180)

fees

$84 ($50 - $180)
by half less than in United States

Price internet $68 ($45 - $101)

internet

$68 ($45 - $101)
3.7% is less expensive than in United States

Price jeans $105 ($58 - $158)

jeans

$105 ($58 - $158)
twice as much as in United States

Price average earnings $3.69K

average earnings

$3.69K
19% is less expensive than in United States

Price renting a small apartment in the center $1.86K ($1.44K - $2.16K)

renting a small apartment in the center

$1.86K ($1.44K - $2.16K)
4.7% more than in United States

Price renting a large apartment outside the center $2.4K ($2.08K - $3.23K)

renting a large apartment outside the center

$2.4K ($2.08K - $3.23K)
Very much like in United States

Price bread $3.7 ($2.3 - $7.2)

bread

$3.7 ($2.3 - $7.2)
3% more than in United States

Price cheese $15.4 ($8.6 - $22)

cheese

$15.4 ($8.6 - $22)
20% more than in United States

Price rice $3.3 ($2.1 - $5)

rice

$3.3 ($2.1 - $5)
28% is less expensive than in United States

Price tomatoes $4.9 ($2.3 - $7.2)

tomatoes

$4.9 ($2.3 - $7.2)
Very much like in United States

Price bananas $2.1 ($1.7 - $3.6)

bananas

$2.1 ($1.7 - $3.6)
26% more than in United States

Price wine $20 ($14.4 - $32)

wine

$20 ($14.4 - $32)
34% more than in United States

Price cheap restaurant $21 ($14.3 - $29)

cheap restaurant

$21 ($14.3 - $29)
5.8% more than in United States

Price local beer $10.8 ($8.6 - $13.6)

local beer

$10.8 ($8.6 - $13.6)
80% more than in United States

Price coffee $5.1 ($3.6 - $6.5)

coffee

$5.1 ($3.6 - $6.5)
Very much like in United States

Price bottle of water $2.1 ($1.4 - $3.5)

bottle of water

$2.1 ($1.4 - $3.5)
Very much like in United States

Price Burger King or a similar bar $16.9 ($14.4 - $18)

Burger King or a similar bar

$16.9 ($14.4 - $18)
by half more than in United States

Price Cola, Pepsi, Sprite, Mirinda $2.9 ($2 - $4)

Cola, Pepsi, Sprite, Mirinda

$2.9 ($2 - $4)
17% more than in United States

Food Prices Reykjavik

  1. Milk (regular), 1 liter $1.6 (ISK 227)
  2. A loaf of fresh white bread (500g) $3.7 (ISK 511)
  3. Eggs (regular) (12) $5.9 (ISK 827)
  4. Local Cheese (1kg) $15.4 (ISK 2.14K)
  5. Water (1.5 liter bottle) $1.9 (ISK 267)
  6. A bottle of wine (mid-range) $20 (ISK 2.8K)
  7. Local Beer (0.5 liter bottle) $3.1 (ISK 426)
  8. Imported Beer (0.33 liter bottle) $2.6 (ISK 356)
  9. Pack of Cigarettes (Marlboro) $11.9 (ISK 1.65K)
  10. Chicken breasts (skinless and boneless) - (1kg) $19.6 (ISK 2.73K)
  11. Apples (1kg) $3.3 (ISK 453)
  12. Oranges (1kg) $2.7 (ISK 375)
  13. Potatoes (1kg) $3.1 (ISK 427)
  14. Lettuce (1 head) $3.1 (ISK 432)
  15. Kilo of white rice $3.3 (ISK 456)
  16. Tomatoes (1kg) $4.9 (ISK 684)
  17. Bananas (1kg) $2.1 (ISK 294)
  18. Onions (1kg) $2 (ISK 284)
  19. Beef (1kg) (or similar red meat) $32 (ISK 4.47K)

Prices In Restaurants Reykjavik

  1. Meal in a cheap restaurant $21 (ISK 2.95K)
  2. Meal for 2 People, Mid-range Restaurant, Three-course $124 (ISK 17.3K)
  3. McMeal at McDonald's (or Equivalent Combo Meal) $16.9 (ISK 2.35K)
  4. Domestic Beer (0.5 liter draught) $10.8 (ISK 1.5K)
  5. Imported Beer (0.33 liter bottle) $9 (ISK 1.25K)
  6. Coke/Pepsi (0.33 liter bottle) $2.9 (ISK 403)
  7. Water (0.33 liter bottle) $2.1 (ISK 288)
  8. Cappuccino $5.1 (ISK 711)

Cost Of Living Reykjavik

  1. One-way Ticket (Local Transport) $4.1 (ISK 570)
  2. Monthly Pass (Regular Price) $67 (ISK 9.3K)
  3. Gasoline (1 liter) $2.3 (ISK 315)
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $41.6K (ISK 5.79M)
  5. Apartment (1 bedroom) in city centre $1.86K (ISK 259K)
  6. Apartment (1 bedroom) outside of centre $1.66K (ISK 232K)
  7. Apartment (3 bedrooms) in city centre $2.7K (ISK 376K)
  8. Apartment (3 bedrooms) outside of centre $2.4K (ISK 334K)
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $84 (ISK 11.7K)
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $68 (ISK 9.52K)
  11. numb_34 $23 (ISK 3.25K)
  12. 1 pair of jeans (Levis 501 or similar) $105 (ISK 14.6K)
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $44 (ISK 6.08K)
  14. 1 pair of Nike running shoes or similar $142 (ISK 19.7K)
  15. 1 pair of men's leather shoes $182 (ISK 25.3K)
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $43.8K (ISK 6.09M)
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $243 (ISK 33.9K)
  18. Price per square meter for an apartment in the city center $6.36K (ISK 885K)
  19. International Primary School, Annually for 1 Child $5.98K (ISK 832K)
  20. Price per square meter for an apartment outside of city centre $5.07K (ISK 705K)
  21. Average Monthly Net Salary (After Tax) $3.69K (ISK 513K)
  22. Mortgage annual interest rate in percentages (%) 8.1%
  23. Taxi starting fare (normal tariff) $5.2 (ISK 730)
  24. Taxi 1km (Normal Tariff) $2.3 (ISK 324)
  25. Taxi 1 hour waiting (normal tariff) $69 (ISK 9.63K)

Reykjavik cost of living hikersbay.com
Reykjavik Cost Of Living

Entertainment Costs Reykjavik

  1. Fitness Club, Monthly Fee for 1 Adult $65 (ISK 9.1K)
  2. Tennis court rental (1 hour during a weekend) $29 (ISK 4.01K)
  3. Cinema, Single Ticket $14.4 (ISK 2K)

What are the different prices in the cities in Iceland? Look here: Prices in cities in Iceland

Prices: Reykjavik   Kópavogur   Akureyri   Keflavik   Egilsstadir   Hafnarfjorour   Akranes   Grundarfjordur   Vik i Myrdal   Vogar  

source: hikersbay.com & numbeo.com

Cost of Living in Iceland: Prices for Travel, Eating Out, Groceries, and More. Discover the cost of living in Iceland with our comprehensive guide. We'll cover prices for travel, eating out, groceries, and more. Plus, get answers to the most common questions about prices and costs of living.

Do you want to learn more about different prices? See the following comparison:

Price average earnings $3.69K

average earnings

$3.69K
19% is less expensive than in United States

Price cheese $15.4 ($8.6 - $22)

cheese

$15.4 ($8.6 - $22)
20% more than in United States

Price internet $68 ($45 - $101)

internet

$68 ($45 - $101)
3.7% is less expensive than in United States

Price rice $3.3 ($2.1 - $5)

rice

$3.3 ($2.1 - $5)
28% is less expensive than in United States

Price renting a large apartment outside the center $2.4K ($2.08K - $3.23K)

renting a large apartment outside the center

$2.4K ($2.08K - $3.23K)
Very much like in United States

Price renting a small apartment in the center $1.86K ($1.44K - $2.16K)

renting a small apartment in the center

$1.86K ($1.44K - $2.16K)
4.7% more than in United States