Prices in Iceland, you’ve heard a lot about them, but it’s best to see them first hand. See prices from stores in Iceland, I took photos of shelves in stores.

What will you find in this article?

  • Food markets in Iceland
  • Price tables
  • Photos with prices from stores
  • Prices of gas cylinders
  • Fuel prices, refueling at an automatic station
  • Diner Iceland

Food prices in Iceland markets.

There are several of them: Bonus, Kronan, Krambú?in, etc., according to stories, Bonus is the cheapest. However, everything is relative, sometimes there will be products that will be cheaper at Kronan. From practice, when you go through Iceland, when there is a town and there is a shop, better to do some shopping because you don’t know when you will need something and the shop will no longer be there.

Kronan prices in Iceland 29.08.2023

In the table below you will find some prices of products from the market, the rest are in the gallery, so first-hand prices.

ProductIcelandic CrownsEuro
Cheerios 570g896 ISK5,86 EUR
Butter SMJOR720 ISK4,71 EUR
Philadelphia670 ISK4,38 EUR
Chees449 ISK2,94 EUR
Pringles350 ISK2,29 EUR
Pepesi 2L266 ISK1,74 EUR
PrincePoloXXL 80g99 ISK0,65 EUR
Twix140 ISK0,92 EUR
Mentos139 ISK0,91 EUR
Nutella430 ISK2,81 EUR
Orange juice 1,5L295 ISK1,93 EUR
Potatoes 2kg899 ISK5,87 EUR
pack of 4 red onions389 ISK2,54 ISK
pack of hams250 – 1500 ISK1,63 – 9,80 EUR
dried fish, pack1099 ISK7,18 EUR
milk 1l230 ISK1,50 EUR
12 eggs pack647 – 899 ISK4,23 – 5,87 EUR
flour 2kg220 ISK1,44 EUR
a pack of garlic167 ISK1,09 EUR
Prices in Iceland from 29.08.2023

Bonus prices in Iceland, Reykjavik

This “Bonus” market was inside a shopping mall, I think I was the only tourist in this market. It is not large and mainly consisted of household chemicals, sweets and drinks.

ProductIcelandic CrownsEuro
Lisius caramel candies 150g299 ISK1,95 EUR
Haribo Mix 275g398 ISK2,54 EUR
PrincePolo 35g Classic79 ISK0,52 EUR
Kellogg 1kg879 ISK5,74 EUR
Toilet paper 12 pack1398 ISK9,13 EUR
Prices in Iceland from September 3, 2023

Gas stations prices in Iceland.

As you can see in the photos, prices are around ISK 300 per liter, you can check average fuel prices on this website https://www.globalpetrolprices.com/Iceland/

Importantly, if you rented a car, check whether there is a key ring resembling an AirTag on the keys – it may be a special discount on refueling – you apply it to the fuel dispenser before refueling and you get a few crowns discount per liter.

Diner Iceland price

Lunch prices range from outrageous to quite acceptable. There is a famous stand in Reykjavik that has been selling hot dogs since the 1930s. All tourists visit this place, the queue is long.

MealIcelandic CrownsEuro
Smoked lamb1700 ISK11,11 EUR
Hot-Dog690 ISK4,51 EUR
Fish & Chips2000 – 3500 ISK13,06 – 22,86 EUR
Fish Soup2000 – 3000 ISK13,06 – 19,60 EUR
Prices in Iceland from August – September 3, 2023
IMG 9354 2
Hot Dog Reykiavik

The Hot Dog is good and the price is affordable – 690 ISK.

Icelandic Fish Soup

Real Icelandic fish soup is very creamy and contains a lot of seafood. Remember this, don’t be fooled by a very watery soup, it’s not it.

??Fish Soup at Húsi? in Ísafjör?ur?, ?Vestfir?ir?, ?Islandia?

Icelandic sweaters prices

Icelandic sweaters are an interesting topic, if you want to buy a good original woolen sweater, always check the label, it must show 100% wool nothing else.. Especially in very touristic places. It often happens that a sweater with an original Icelandic or Nordic pattern is not 100% wool. Because the lining is 100% polyester. You can see an example of such a sweater below.

SweaterIcelandic CrownsEuro
Wool 100%20 000 – 40 000 ISK130,65 -261,30 EUR
Prices in Iceland 03.09.2023
IMG 1173
woolen-artificial sweater
IMG 1172
composition of a woolen-artificial sweater

What is important about woolen sweaters is their naturalness, you don’t want to wear something that is artificial, but here we have wool on the outside, but the entire lining is artificial material.

The sweaters below are 100% Icelandic sweaters made of Icelandic sheep wool, they have no lining, which makes them really warm. I bought this sweater and I only wear it over a T-shirt and it’s really warm.

Prices of gas cylinders in Iceland.

We didn’t need the gas cylinders, but our friends asked about them, so we checked how much they cost. In the few markets we visited, there was no such thing as gas cylinders, but in the tourist market in Gulfoss they were on display.

Gas cylindersIcelandic CrownsEuro
450g1990 ISK13,00 EUR
230g1490 ISK9,73 EUR
100g1090 ISK7,12 EUR
Prices in Iceland 29.08.2023

I hope this article will be useful when planning your trip.