Food in the stores is not much cheaper than the restaurants. Most of the travel hacks to stay within a budget (buying food at a market instead of a restaurant, sleeping in a hostel and hitchhiking) don’t get you very far in Iceland. Just the round-trip bus ticket from the airport to Reykjavik is over $50! A night in a decent hostel is about $50, while a good hotel runs for more like $500 a night! It wasn’t uncommon to find meals in town for over $100 a plate. I quickly learned that the prices were equally high for other purchases. ![]() If this was considered one of the cheapest places to eat in the country, within a week I would be broke! While it was being made, I finally had a chance to check xe.com and find out how much the 1,499 kronor converted to $14.25! OMG! I quickly realized one thing about Iceland. It wasn’t until that night when I was running to catch my northern lights boat tour and stopped at a Subway to get a fast dinner that I found out just how expensive Iceland was. I had pre-booked my tickets when setting up my travels and wasn’t looking at the conversion rates. When I got to the Blue Lagoon in Iceland, I didn’t think much of the 8,100 kronor price tag. ![]() The hamburger in Hungary came out to about $5, while the Laotian breakfast set me back $4.20. In Hungary, I paid 1,325 forints for a hamburger, and a delicious eggs & salmon breakfast in Vientiane, Laos was a staggering 35,000 kip! Yet it’s the conversion of those currencies that matters. I’m no stranger to large figures for prices around the world. Planning to Visit Iceland? Hotdogs are Too Expensive.
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