Now is not the time to travel to Iceland for a budget vacation. An incredible rebound in the Icelandic Krona, even with removed capital controls, has boosted its value against the U.S. dollar by 19.6%. The often out-of-the-way island nation is expensive to transport items to and from, which boosts costs all along the supply chain. Eating out in Iceland is nearly 20.0% more expensive than any other country on this list.
New York (JFK) — Reykjavik (KEF)
$530.70*
Roundtrip, Economy, 1 passenger
Flight per 100/km:$12.62
DRINKS & DINING
$180.29
Meal, Inexpensive Restaurant
$21.93
Meal for 2 People, Mid-range Restaurant, Three-course
$119.61
McMeal at McDonalds (or Equivalent Combo Meal)
$15.95
Domestic Beer (1 pint draught)
$7.45
Imported Beer (11.2 oz small bottle)
$9.97
Cappuccino (Regular)
$5.38
GROCERIES
$26.45
Milk(regular), (1 gallon)
$5.63
Loaf of Fresh White Bread(1 lb)
$2.99
Eggs(12)
$6.21
Local Cheese(1 lb)
$7.23
Apples(1 lb)
$1.49
Banana(1 lb)
$1.43
Oranges(1 lb)
$1.47
LOCAL TRANSIT
$8.44
One-way Ticket(Local Transport)
$4.19
Taxi 1 mile(Normal Tariff)
$4.25
RECREATION
$44.54
Tennis Court Rent(1 Hour on Weekend)
$30.09
Cinema, International Release, 1 Seat
$14.45
SHOPPING
$697.20
1 Pair of Jeans(Levis 501 Or Similar)
$169.59
1 Summer Dress in a Chain Store(Zara, H&M, …)
$92.69
1 Pair of Nike running Shoes(Mid-Range)
$194.15
1 Pair of Men Leather Business Shoes
$240.77
ACCOMMODATION AVERAGE
$157.62
Hotels
$172.24
Airbnb
$143.00
*Flight prices were calculated by applying dollar per 100/km figures provided byKiwi.com‘s flight price index to the mileage from New York City’s JFK airport to the stated country’s capital. Total prices are estimates and may not be reflective of current available ticket costs.