Introduction
Iceland, the land of fire and ice, glaciers and geysers, is a dream destination for many. However, it’s also known for something else: its notoriously high prices. Walk into a restaurant without checking the menu beforehand, and you might experience sticker shock. Food prices in Iceland are significantly higher than the European average, leaving many budget travelers wondering how they can possibly afford to eat. But don’t let that deter you. The good news is that enjoying delicious and authentic Icelandic cuisine without emptying your bank account is absolutely achievable. With a little planning, some insider knowledge, and a willingness to adapt, you can experience the culinary side of Iceland without going broke. This guide will show you how to find the best cheap food Iceland has to offer, from stocking up at affordable grocery stores to discovering hidden culinary gems.
Grocery Shopping: Your Secret Weapon for Saving Money
If you’re serious about keeping your food costs down in Iceland, grocery shopping will be your best friend. Eating out for every meal, even at seemingly inexpensive places, can quickly add up. Preparing your own meals offers a huge cost saving, allowing you to allocate your budget to other incredible experiences that Iceland has to offer, such as glacier hiking or whale watching.
When it comes to choosing where to shop, a couple of supermarkets stand out for their budget-friendly options. First and foremost, there’s Bonus, easily recognizable by its bright pink pig logo. Bonus is generally considered the cheapest supermarket in Iceland, offering a wide range of groceries at significantly lower prices than many of its competitors. Krónan is another excellent choice. While perhaps not quite as consistently low-priced as Bonus, Krónan often has a larger selection and offers competitive deals on various items. Shopping at either of these supermarkets will immediately make a dent in your food budget.
So, what should you buy to maximize your savings? Focus on staple foods that can be used in multiple meals. Bread, pasta, rice, and oats are all excellent choices. Eggs are a great source of protein and are relatively inexpensive. Canned goods like beans and tuna are also practical and affordable options for quick meals. Milk, yogurt, and cheese can provide a base for breakfasts and snacks. When it comes to fruits, apples and bananas are usually the most budget-friendly options, although keep in mind that imported fruits will generally be more expensive than locally grown produce.
Don’t forget to explore some of Iceland’s unique offerings! Skyr, the traditional Icelandic yogurt, is a relatively affordable and healthy option for breakfast or a snack. Rye bread, also known as rugbraud, is another local staple and can be found at reasonable prices. If you’re willing to splurge a little, consider purchasing some Icelandic lamb, known for its high quality and unique flavor. And of course, with Iceland being an island nation, fish is readily available. Look for on-sale options or ask at the fish counter for the most affordable catches of the day.
Stocking up on snacks is essential for those long drives and hikes. Crackers, granola bars, and dried fruit are all good options to keep you energized throughout the day.
To make the most of your grocery haul, plan your meals in advance. Simple meals like sandwiches, pasta dishes with canned tomatoes and vegetables, oatmeal with fruit, and yogurt parfaits are all easy to prepare and won’t break the bank. A little bit of planning goes a long way in stretching your budget.
Before checking out, check expiration dates, because no one wants to eat spoiled food. Also, compare prices of different brands, and don’t just assume that the brand you know best is also the most affordable. Finally, visiting grocery stores that are slightly outside of the city center might offer even better deals than those in the most touristy areas.
Budget-Friendly Restaurant Options: Delicious Food That Won’t Hurt Your Wallet
While grocery shopping will undoubtedly save you money, you’ll likely want to experience eating out at least a few times during your trip. Fortunately, there are plenty of budget-friendly restaurant options in Iceland, if you know where to look.
Icelandic hot dogs, also known as pylsur, are an absolute must-try and are also incredibly affordable. These aren’t your average hot dogs; they’re made with a blend of lamb, pork, and beef and are typically served in a warm bun with a variety of toppings, including crispy fried onions, raw onions, ketchup, sweet brown mustard, and remoulade. Bæjarins Beztu Pylsur, a famous hot dog stand in Reykjavik, is a local institution and a great place to sample this Icelandic classic. You can easily get a satisfying and tasty meal for just a few dollars.
Noodle shops are becoming increasingly popular in Iceland and offer a quick, affordable, and satisfying meal. You can typically find various noodle dishes with different broths and toppings at reasonable prices. Pizza is another relatively affordable option, especially if you’re willing to share a large pizza with a friend. Many pizza places offer lunch specials or deals on takeout orders.
Look out for kebab and falafel shops, especially in Reykjavik. These establishments often offer generous portions at reasonable prices, making them a great choice for a filling and affordable lunch or dinner.
In Iceland, look for “soup of the day” deals. Soup can be a good way to get a nourishing and relatively inexpensive meal.
Taking advantage of Happy Hour deals can significantly reduce your dining costs. Many bars and restaurants in Iceland offer Happy Hour, typically between the hours of four and seven in the evening, with discounted drinks and sometimes even food. Download a Happy Hour app to find the best deals near you.
Many restaurants offer lunch specials that are significantly cheaper than their dinner menus. Consider eating your main meal at lunchtime to save money. Also, look for “Menu of the Day,” or Dagstilboð. Many restaurants offer this, and it’s generally more affordable than the normal prices.
If you do decide to dine out, there are several ways to keep your costs down. Consider sharing a main course with a friend. Order tap water instead of expensive bottled drinks. Skip appetizers and desserts, which can significantly add to the overall bill.
Other Smart Strategies for Saving Money on Food
Beyond grocery shopping and choosing budget-friendly restaurants, there are other smart strategies you can employ to minimize your food expenses in Iceland.
First and foremost, try to stay in hostels or guesthouses that have kitchen facilities. This will allow you to prepare your own meals, saving you a considerable amount of money compared to eating out.
If allowed by customs regulations, consider bringing some food from home. Non-perishable snacks, such as granola bars, nuts, and dried fruit, can be a lifesaver, especially during long drives or hikes.
Pack snacks and drinks for your day trips. Buying snacks and drinks at tourist attractions can be incredibly expensive. Bringing your own will save you a significant amount of money.
Remember that tap water in Iceland is perfectly safe and delicious to drink. There’s no need to buy bottled water, so refill your water bottle at every opportunity.
Occasionally, you might come across free food events or samples, especially during festivals or holidays. Keep an eye out for these opportunities to try Icelandic specialties without spending any money.
Consider grabbing a bite from food trucks in Reykjavík. Food trucks can offer more affordable options than traditional restaurants, especially in Reykjavik.
Don’t hesitate to ask locals for recommendations on cheap eats. They often know the best hidden gems and affordable restaurants that aren’t listed in tourist guides.
Affordable Icelandic Food Experiences: Taste the Local Flavor
Even on a budget, you can still experience some of the unique and delicious flavors of Icelandic cuisine. Rye bread (rugbraud) baked in geothermal areas is a must-try. Some geothermal areas allow you to witness the baking process and taste the bread warm from the ground. Finding small portions or even sharing them can help stick to the budget. These meals or snacks offer local flavours on a budget.
Icelandic fish stew and lamb soup are other iconic dishes that you should try. Look for smaller portions or share a dish to keep costs down. Many local cafes offer these soups at reasonable prices, especially during lunchtime.
Conclusion: Enjoying Iceland Without Breaking the Bank
Iceland’s reputation for high prices can be intimidating, but with a little planning and resourcefulness, you can absolutely enjoy the country’s incredible food scene without breaking the bank. By prioritizing grocery shopping, choosing budget-friendly restaurants, taking advantage of Happy Hour deals, and employing other smart strategies, you can significantly reduce your food expenses.
Remember that enjoying Iceland’s food scene is possible on a budget with a little planning. Don’t let the high prices deter you from exploring this incredible destination. With a little planning, you can experience the magic of Iceland without emptying your wallet. What are your favorite cheap eats in Iceland? Share your tips and recommendations in the comments below! Your advice could help fellow travelers experience the wonders of Iceland without overspending.
