How Expensive is Iceland?

Many people often ask, “Is Iceland expensive?” Answer:  Iceland is indeed expensive. The VAT tax alone is 24%. Below are the prices I paid for various items on my last trip:

  • Non-alcoholic smoothie at the Blue Lagoon $9.50
  • Diesel gas $7.60 a gallon
  • Beer at the Blue Lagoon $12
  • One night’s accommodation at Foss Hotel Baron in Reykjavik $150
  • Sandwich at Subway $9.79
  • Bacon sandwich $12.90
  • Onion rings $14
  • Hot dog $22.60
  • Hamburger $23.40
  • Chicken Burger $9
  • Bottle of beer $9.85
  • Lasagna 4”x4” slice $32
  • Wine $20 a glass
  • Pasta carbonara $32
  • Soccer jersey $120
  • Coffee $5 for a 4 oz cup
  • Mushroom soup $10 for an 8 oz serving
  • Box of popcorn chicken at KFC $13

I think when all is said and done, about the only thing that wasn’t expensive on my Iceland trip was my airfare.  I paid $305 on WowAir for a ticket leaving out of Toronto eight months in advance.



2 thoughts on “How Expensive is Iceland?

  • January 17, 2018 at 3:27 PM

    My friend got back recently and that’s what she told me. I didn’t think it was this crazy. $14 for onion rings?! Naw, I think I’ll have to pack pb&j and water for the entire trip. I saw your pictures though and it looks amazing!

    • January 17, 2018 at 4:33 PM

      Thanks, Chelsea. How about the $20 glass of wine!


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