Food prices in Iceland

Is it expensive in the shops in Iceland? Will I pay a lot for groceries in Iceland? On this page you will find the current price list of food products in Iceland, such as: apples, wine, cheese, onion, or beer (The last update: 4 days 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 0.72 US dollars.


See also how prices have changed in previous years: Price changes in previous years in Iceland


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  


Price bread $3.4 ($2.1 - $7.2)

bread

$3.4 ($2.1 - $7.2)
3.3% is less expensive than in United States

Price cheese $14.6 ($8.6 - $22)

cheese

$14.6 ($8.6 - $22)
14% more than in United States

Price rice $3.1 ($1.9 - $5)

rice

$3.1 ($1.9 - $5)
31% is less expensive than in United States

Price tomatoes $4.7 ($2.2 - $7.2)

tomatoes

$4.7 ($2.2 - $7.2)
4% is less expensive than in United States

Price bananas $2.2 ($1.8 - $3.6)

bananas

$2.2 ($1.8 - $3.6)
30% more than in United States

Price wine $20 ($14.4 - $32)

wine

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

Below you will find a list of prices for dairy, cheese, drinks, vegetables, and fruit in Iceland (The last update: 4 days ago)


List of prices of food products available in stores and small shops in Iceland

  1. Milk (regular), 1 liter $1.6 (ISK 224)
  2. A loaf of fresh white bread (500g) $3.4 (ISK 479)
  3. Eggs (regular) (12) $5.8 (ISK 800)
  4. Local Cheese (1kg) $14.6 (ISK 2.03K)
  5. Water (1.5 liter bottle) $2.1 (ISK 285)
  6. A bottle of wine (mid-range) $20 (ISK 2.8K)
  7. Local Beer (0.5 liter bottle) $3.1 (ISK 434)
  8. Imported Beer (0.33 liter bottle) $2.7 (ISK 370)
  9. Pack of Cigarettes (Marlboro) $11.5 (ISK 1.6K)
  10. Chicken breasts (skinless and boneless) - (1kg) $18.6 (ISK 2.58K)
  11. Apples (1kg) $3 (ISK 423)
  12. Oranges (1kg) $2.7 (ISK 369)
  13. Potatoes (1kg) $3.1 (ISK 425)
  14. Lettuce (1 head) $3.1 (ISK 428)
  15. Kilo of white rice $3.1 (ISK 436)
  16. Tomatoes (1kg) $4.7 (ISK 653)
  17. Bananas (1kg) $2.2 (ISK 304)
  18. Onions (1kg) $1.8 (ISK 247)
  19. Beef (1kg) (or similar red meat) $31 (ISK 4.33K)
  20. Pears (1kg) $3.7 (ISK 508)
  21. Cucumber (1kg) $2.6 (ISK 359)
  22. Perrier Water (small bottle 0.33l) $1.7 (ISK 234)
  23. Sausage (1kg) $24 (ISK 3.28K)
  24. Cottage cheese (1kg) $5.9 (ISK 814)
  25. Whisky 54.47 $54 (ISK 7.56K)
  26. Rum 52.34 $52 (ISK 7.27K)
  27. Vodka 48.38 $48 (ISK 6.72K)
  28. Gin 49.63 $50 (ISK 6.89K)
source: hikersbay.com & numbeo.com

Price changes in previous years in Iceland

Price changes in Oranges over the years: 2012: $8.2(ISK 1.13K), 2013: $1.7(ISK 236), 2014: $2.2(ISK 300), 2015: $2.6(ISK 355), 2016: $2.3(ISK 317), 2017: $2.2(ISK 299), and 2018: $2.2(ISK 307)

Iceland price changes: Oranges (1kg) 2012-2018
Iceland price changes Oranges (1kg) hikersbay.com

Have the prices of vegetables and fruits increased in Iceland?
See how potato prices have changed in 2012: $1.4(ISK 194), 2013: $1.5(ISK 208), 2014: $1.6(ISK 224), 2015: $1.9(ISK 264), 2016: $2.3(ISK 318), 2017: $1.8(ISK 244), and 2018: $1.8(ISK 256)

Iceland price changes: Potatoes (1kg) 2012-2018
Iceland price changes Potatoes (1kg) hikersbay.com

Price changes in Eggs over the years: 2012: $3.3(ISK 454), 2013: $3.8(ISK 531), 2014: $3.9(ISK 540), 2015: $4.2(ISK 581), 2016: $4.5(ISK 626), 2017: $4.5(ISK 619), and 2018: $4.3(ISK 602)

Iceland price changes: Eggs (regular) (12) 2012-2018
Iceland price changes Eggs (regular) (12) hikersbay.com

Price changes in Rice over the years: 2012: $3.9(ISK 542), 2013: $2.8(ISK 388), 2014: $2.2(ISK 312), 2015: $3.2(ISK 447), 2016: $2.4(ISK 333), 2017: $2.5(ISK 353), and 2018: $2.5(ISK 343)

Iceland price changes: Kilo of white rice 2012-2018
Iceland price changes Kilo of white rice hikersbay.com

Has the price of meat decreased in stores in Iceland?
The prices of beef have changed in recent years: 2015: $19.4(ISK 2.7K), 2016: $19.7(ISK 2.74K), 2017: $23(ISK 3.21K), and 2018: $18.5(ISK 2.57K).

Iceland price changes: Beef (1kg) (or similar red meat) 2015-2018
Iceland price changes Beef (1kg) (or similar red meat) hikersbay.com

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

jeans

$117 ($59 - $144)
120% more than in United States

bananas

$2.2 ($1.8 - $3.6)
30% more than in United States

cheese

$14.6 ($8.6 - $22)
14% more than in United States

bread

$3.4 ($2.1 - $7.2)
3.3% is less expensive than in United States

wine

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

Cola, Pepsi, Sprite, Mirinda

$2.8 ($2 - $3.8)
14% more than in United States