Reykjavik food hall — food and dining in Iceland

Photo: Google Maps

Cost of Food in Iceland

Daily food budget: $30–$70 per person. Here's what meals actually cost.

Budget

$30

per person/day

Mid-range

$70

per person/day

Luxury

$170

per person/day

What Meals Cost

Hot dog (pylsur)$4-5
Soup of the day$12-18
Fish and chips$18-25
Restaurant dinner$35-60
Fine dining$100-200

Money-Saving Food Tips

    Dining in Iceland

    Eating well in Iceland doesn't have to be expensive. Here's what to expect and how to make the most of your food budget:

    • Look for lunch specials — many restaurants offer set menus at lower prices during midday.
    • Street food and markets are the best value and often the most authentic local cuisine.
    • Ask locals for recommendations — tourist-area restaurants typically charge 30-50% more.
    • Self-catering for breakfast (grocery store bread, fruit, coffee) saves $5-15/day per person.
    • Use apps like Google Maps or TripAdvisor to find highly-rated budget restaurants nearby.