What is the average cost of food and drinks in Iceland? - ProProfs Discuss
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What is the average cost of food and drinks in Iceland?

Asked by Kendrell, Last updated: Oct 23, 2017

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Sophia Lee Ryan

Sophia Lee Ryan

Sophia Lee Ryan
Sophia Lee Ryan

Answered Oct 23, 2017

It depends on where one goes for food in Iceland. Soft drinks and the like tend to cost around $3, American. Fast food prices range at about the same price as they do in the United States. However, going to a sit down restaurant can range from $15 to $40 for one meal, depending on what is in the meal. Lamb and more traditional Icelandic dishes tend to be pricier, ranging from $25 to $40, American.

The reason the food and drinks are so cheap in American dollars is because the Krona - the Icelandic choice of money - is rather weak after their economic crash in 2008. The current exchange rate is about 110 Krona to $!. The Krona is about as strong as a penny - not very strong at all.

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