VanBasket Iceland

Food Prices in Iceland — November 2026

Name: Iceland — VanBasket Food Price Index
Creator: OpenVan.camp
License: https://creativecommons.org/licenses/by/4.0/

Updated: 1 November 2026

Current Index

165

vs World Average

+65%

Official (IMF + World Bank)

Real grocery prices

Price per unit in your currency

Prices known for 0 of 10 items — help fill the rest

Milk 1 L
Eggs 12 pcs
Chicken 1 kg
Rice 1 kg
Bread 500 g loaf
Water 1.5 L bottle
Cheese 1 kg
Tomatoes 1 kg
Potatoes 1 kg
Beer 0.5 L bottle

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Every traveller price is reviewed by hand; the row shows how many reports from the last 90 days back the figure.

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Reports are reviewed by hand — only what an editor confirms reaches the site.

Recent real receipts

Real purchases logged in this country (crowdsourced, local names)

Heilsusafi

Floridana

Krónan, Reykjavíkurborg 17 Feb

370 kr
Saft Heidelbeere Mirtillo

ALDI PFANNER, ALDI PFANNER Fruchtsaftgetränk, Pfanner · 1l

Krambúð, Reykjavíkurborg 21 Jun

589 kr
Tropical

Minute Maid · 1L

Krambúð, Reykjavíkurborg 21 Jun

479 kr

Data: Open Food Facts — Open Prices (ODbL)

What this means for vanlife

Food in Iceland is significantly more expensive — 65% above the world average. One of the pricier food destinations: the same basket costs around $495 per month (vs $300 world average).

How food prices are changing

Food overall: +4.4% over the year, as of September 2026

Sep 2023 Food price index, last 3 years Sep 2026

Milk +4.8%
Eggs +3.7%
Chicken +1.8%
Rice and cereals −4.8%
Bread +2.9%
Water −4.7%
Cheese +5.9%
Tomatoes, peppers, cucumbers +10.1%

Official statistics: Eurostat (HICP consumer price index, CC BY 4.0), September 2026. Change versus the same month a year earlier. The index shows how prices moved, not what an item costs.

Index History

Index:

Based on World Bank ICP 2021, adjusted with IMF CPI

Compare with Iceland

Iceland

165

World (base = 100)

100

If you spend 100 at home:

100

Select home and destination countries to compare food costs

Similar Countries

Norway 177.2 +77.2%

Canada 152 +52%

More countries in Europe

Ukraine 70 -30%

Moldova 72 -28%

Belarus 80 -20%

Russia 82 -18%

North Macedonia 85 -15%

Romania 88 -12%

FAQ

Is food expensive in Iceland?

Yes, food in Iceland is above average. The VanBasket Index is 165 (world average = 100), meaning food costs 65% more than the global average.

How much should I budget for food in Iceland per month?

If the world average monthly food spend is $300, in Iceland you can expect to spend around $495. This is based on the VanBasket Index of 165 (world = 100).

How does Iceland compare to similar countries?

Iceland has a VanBasket Index of 165. Similar or nearby countries: Norway, Canada.

How often is the food price data for Iceland updated?

The index is updated monthly using IMF Consumer Price Index data. The baseline is from World Bank ICP 2021.

About the data: The VanBasket Index is based on World Bank ICP 2021 food price level data, adjusted monthly using IMF CPI. World average = 100. Index > 100 means food is more expensive than the global average. API for developers →

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