Iceland food prices taking a delightful turn for the better
Food prices in Iceland have been worrying for travelers who are on a budget. And no wonder. People have found them to be way too high, even in the low-cost stores like Bónus. It’s perfectly understandable that food prices in Iceland are a little higher than on the European mainland. After all, we import a lot of food and that costs money. However, travelers and Icelanders have always felt that it’s disproportionately high.
Tips for seeing Iceland on a budget
The Costco effect - lowering food prices in Iceland
Will this trend continue or will food prices in Iceland go up again?
It’s hard to say. The Icelandic króna being very strong right now helps with keeping the price of imported goods down. But our currency fluctuates quite a lot so nothing is guaranteed. Hopefully, the price war between Costco and the other stores will continue. That way the people of Iceland and those who travel here will reap the benefits in the coming years.