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Iceland

Fuel Prices in Iceland

Updated 5 April 2026 · #16 of 40 in region

Diesel

270.56 ISK /Litre

€1.87 · $2.16

4.4% cheaper vs. region avg.

Petrol

236.63 ISK /Litre

€1.64 · $1.89

5.8% cheaper vs. region avg.

LPG

Fuel type

Tank size

L

Consumption

L/100

Distance unit

Local currency

Full tank (80 L, diesel)

21,644 ISK

€150 · $173

100 km (10 L/100 km, diesel)

2,705.55 ISK

€18.74 · $21.58

Route Cost Calculator

Route total

Popular route

Reykjavik → Akureyri

IS

Distance

310 km

Fuel cost

~€58

Est. time

~1 day

Distance

Fuel cost

Est. time

Reykjavik → Selfoss

60 km · ~€11 · ~1 day

Iceland 60 km

Akureyri → Egilsstadir

220 km · ~€41 · ~1 day

Iceland 220 km

Reykjavik → Hofn

400 km · ~€75 · ~1 day

Iceland 400 km

Reykjavik → Isafjordur

270 km · ~€51 · ~1 day

Iceland 270 km

Fuel Prices in Iceland — Overview

Current fuel prices in Iceland: diesel 270.56 ISK (€1.87 · $2.16) per liter, gasoline 236.63 ISK (€1.64 · $1.89) per liter.

Iceland ranks #16 out of 40 countries in Europe by diesel price.

Use the route cost calculator to estimate your fuel expenses for a road trip through Iceland.

How fuel prices are formed

Free market

Changes weekly

~55% Taxes and levies

Regulator

Samkeppniseftirlitid / Competition Authority

Fully import-dependent island market with high logistics and tax burden. Prices are free, but competition is limited by market size.

Taxes and levies

Excise, carbon-related charges, VAT 24%.

Subsidies

No direct gasoline and diesel subsidies.

Useful for motorhome travelers

LPG/Autogas

Rare

Bank cards

Accepted everywhere

Price spread

Moderate

Market

Importer + Refiner

Station networks

N1 Olís Orkan

FAQ — Fuel Prices in Iceland

Data is collected automatically from government sources (EU Oil Bulletin, Statistics Norway, etc.) and independent aggregators, with selective manual cross-verification from at least two sources. Official data takes priority.

Updated: 05.04.2026

Prices are for reference only and may differ from actual prices at specific fuel stations.

View data sources

Cargopedia.net · cargopedia.net

Gasvaktin (Iceland) · github.com/gasvaktin

Olis OB Iceland · ob.olis.is

Gasvaktin Iceland (GitHub) · github.com/gasvaktin/gasvaktin

License CC BY 4.0 — free use, distribution and adaptation with attribution to OpenVan.camp. Fuel data updated: 5 April 2026.

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