How to Eat Cheap in Iceland 🇮🇸 (Food Prices & Budget Tips)

Is food in Iceland really as expensive as everyone says? In this guide, we share what eating out in Iceland actually cost us, our favourite affordable places and practical ways to reduce your food budget.

From Reykjavík restaurants and Icelandic street food to supermarkets, packed lunches and happy hours, these tips will help you spend less without missing out on some brilliant Icelandic food.

🇮🇸 IN THIS VIDEO

00:00 Is Food in Iceland Really That Expensive?
00:13 Restaurant Prices and Happy Hours
01:11 What and Where to Eat in Iceland
02:55 Dining Etiquette and Useful Icelandic
03:51 How to Save Money on Food
05:34 Vegetarian and Vegan Options
06:31 Final Iceland Food Tips

WHAT YOU’LL LEARN

• How much restaurant meals can cost in Iceland
• Where to find affordable food in Reykjavík
• How happy hours can reduce the cost of drinks
• Which Icelandic supermarkets to use
• How to save money during road trips and tours
• What vegetarian and vegan options are available
• What to know about tipping and paying by card

🍽️ PLACES MENTIONED

• Svarta Kaffið – soup served inside a bread bowl
• Bastard Brew & Food – burgers, cocktails and brunch
• Brauð & Co – famous Reykjavík cinnamon buns
• Friðheimar – a greenhouse restaurant known for tomato soup
• 101 Reykjavík Street Food – soups and Icelandic dishes
• Domino’s Iceland – including its garlic-seasoned pizza crust
• Restaurants and affordable options in Hveragerði

💰 OUR MONEY-SAVING FOOD TIPS

• Shop at Bónus or Krónan for groceries
• Prepare packed lunches for road trips and tours
• Stay somewhere with cooking facilities
• Check whether breakfast is included with your accommodation
• Look for Reykjavík happy-hour offers
• Try bakeries, hot-dog stands and food halls
• Travel outside the busiest tourist areas for more options
• Use a bank card—card payments are widely accepted in Iceland

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ABOUT ICELANDIC ADVENTURE

We’re two travellers sharing honest Iceland travel advice, detailed guides, road-trip itineraries and real experiences from across the Land of Fire and Ice.

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