Budget Bites: Eating Cheap in Reykjavik (Without Sacrificing Flavor!)

Understanding the Culinary Landscape and Reykjavik Prices

Dreaming of Iceland’s stunning landscapes, the Northern Lights, and soaking in geothermal spas? The Land of Fire and Ice is a bucket-list destination for many, but the thought of Reykjavik’s notoriously high prices can quickly dampen the enthusiasm. It’s true, Iceland isn’t the cheapest place to travel, and Reykjavik often tops the list of expensive cities. However, don’t let that deter you from exploring this incredible island. With a little planning and insider knowledge, you can absolutely savor the flavors of Reykjavik without emptying your wallet. This article serves as your guide to navigating the Reykjavik food scene on a budget, uncovering delicious and affordable options that won’t compromise your travel experience. We’ll explore the best cheap Icelandic food Reykjavik offers, from iconic street food to hearty stews, and share practical tips to help you make the most of your culinary journey without breaking the bank.

Before diving into the delicious details, let’s address the elephant in the room: why is food so expensive in Reykjavik? Several factors contribute to the higher cost of living in Iceland, and those costs naturally trickle down to restaurants and grocery stores. Iceland is an island nation, meaning many ingredients need to be imported, increasing prices due to transportation and import taxes. The country’s harsh climate also limits agricultural production, further relying on imports. High labor costs and a twenty-four percent value-added tax (VAT) also contribute to the overall expense.

It’s also essential to be aware of tourist traps. Some restaurants located in prime tourist areas cater primarily to visitors and inflate their prices accordingly. These establishments may not always offer the best quality or most authentic Icelandic experience. The key is to venture slightly off the beaten path and seek out local favorites.

Icelandic food culture, however, offers some inherent advantages for the budget-conscious traveler. Traditional Icelandic cuisine often relies on simple, hearty ingredients and time-honored methods, making it naturally cost-effective. Dishes like lamb soup and fish stew were originally created to nourish and sustain, and these culinary staples continue to provide affordable and delicious meal options.

The Best Cheap Food Options in Reykjavik (With Specific Recommendations)

Finding affordable eats in Reykjavik is all about knowing where to look and what to order. Here are some of the best budget-friendly options, guaranteed to satisfy your cravings without depleting your travel fund:

The Legendary Icelandic Hot Dog (Pylsur)

No trip to Reykjavik is complete without indulging in the iconic Icelandic hot dog, known locally as *pylsur*. This isn’t your average ballpark frank; it’s a culinary institution, a delicious and affordable snack or light meal that embodies Icelandic culture. The *pylsur* is typically made from a blend of lamb, pork, and beef, creating a unique and flavorful profile.

The most famous place to grab a *pylsur* is undoubtedly *Bæjarins Beztu Pylsur*, meaning “The Best Hot Dogs in Town”. This unassuming hot dog stand has been serving up its famous creations since nineteen thirty-seven and has gained international acclaim. While there are other good hot dog stands throughout the city, *Bæjarins Beztu* is an experience in itself.

What makes the Icelandic hot dog truly special are the toppings. The traditional *pylsur* is served in a warm bun and topped with raw white onions, crispy fried onions, sweet brown mustard (known as *pylsusinnep*), ketchup, and a creamy remoulade sauce. Don’t be afraid to try “eina með öllu” (one with everything), which is the standard order and the best way to experience the true Icelandic *pylsur*.

For a quick, satisfying, and budget-friendly bite, the Icelandic hot dog is an unbeatable option. Expect to pay around six hundred Icelandic Krona for one. It’s also a fantastic photo opportunity, showcasing one of Reykjavik’s most recognizable culinary symbols.

Hearty Soups and Stews

Icelandic weather can be unpredictable, even during the summer months. Nothing warms the soul quite like a bowl of hearty soup or stew, and luckily, these are often affordable options in Reykjavik.

Icelandic lamb soup, or *Kjötsúpa*, is a traditional dish made with tender chunks of lamb, root vegetables like potatoes, carrots, and turnips, and aromatic herbs. This nourishing and flavorful soup is a staple of Icelandic cuisine, perfect for a chilly day.

Many restaurants and cafes in Reykjavik offer soup deals or lunch specials that include soup. Look for places advertising “Dagstilboð” (daily specials), which often feature discounted soup and bread combinations. Keep an eye out for soup buffets, where you can enjoy unlimited servings of various soups for a set price. These buffets are particularly popular during lunchtime and offer excellent value.

While specific restaurant recommendations can vary, browsing menus around lunchtime and inquiring about “Dagstilboð” is a reliable strategy. You can find delicious and filling soup options for around two thousand to three thousand Icelandic Krona.

Bakeries and Pastries

Icelandic bakeries are a treasure trove of delicious and affordable treats. From freshly baked bread to sweet pastries, they offer a perfect way to start your day, grab a quick snack, or satisfy your sweet tooth without overspending.

*Brauð & Co.* is a particularly popular bakery in Reykjavik, known for its artisanal breads and delectable pastries. Their colorful and inviting shops are hard to miss. Other bakeries throughout the city offer a wide variety of baked goods.

Be sure to try the *snúður*, a traditional Icelandic cinnamon bun. These soft and flavorful buns are often topped with various icings and are a beloved treat. Another must-try is the *kleinur*, a twisted doughnut that is deep-fried and dusted with sugar.

Bakeries are a great option for a budget-friendly breakfast. Grab a coffee and a pastry for a fraction of the cost of a full breakfast at a restaurant. You can find delicious baked goods for just a few hundred Icelandic Krona each.

Fish and Chips (Done Right)

Fish and chips may seem like a common dish, but in Reykjavik, you can find some seriously delicious and affordable versions. The key is to choose wisely and avoid tourist traps that may offer overpriced and underwhelming fish and chips.

Look for establishments that prioritize fresh, locally sourced fish and use high-quality ingredients. Reading online reviews and seeking recommendations from locals can help you identify the best options. Many casual restaurants and cafes offer fish and chips on their menus at reasonable prices.

Expect to pay around two thousand five hundred to three thousand five hundred Icelandic Krona for a generous portion of fish and chips. Keep an eye out for “happy hour” deals that offer discounted prices on this classic dish.

Grocery Store Hacks

One of the best ways to save money on food in Reykjavik is to take advantage of local grocery stores. Supermarkets like *Bonus*, *Krónan*, and *Nettó* offer a wide variety of affordable food items, allowing you to prepare your own meals or snacks.

*Bonus* is arguably the most famous discount supermarket in Iceland, recognizable by its bright pink pig logo. *Krónan* is another popular option, offering a wide selection of groceries at competitive prices. *Nettó* is known for its extended opening hours, making it a convenient choice for late-night shoppers.

Stock up on essentials like bread, cheese, skyr (Icelandic yogurt), fruit, and vegetables. These items are perfect for creating picnic lunches or simple breakfasts. Consider purchasing pre-made sandwiches and salads for a quick and easy meal on the go.

Skyr, in particular, is an excellent choice for budget-conscious travelers. This thick and creamy yogurt is packed with protein and is a filling and healthy option for breakfast or a snack.

When shopping at grocery stores, look for sales and discounts. Avoid pre-cut fruits and vegetables, as these tend to be more expensive.

Happy Hour and Daily Specials (“Dagstilboð”)

Taking advantage of happy hour deals and daily specials is a smart way to save money on food and drinks in Reykjavik. Many restaurants and bars offer discounted prices on select items during specific hours.

“Happy Hour” typically runs from around four PM to seven PM, but the exact times can vary. Look for signs or advertisements outside establishments that advertise “Happy Hour” or “Tilboð” (offers).

Websites and apps dedicated to listing happy hour deals in Reykjavik can be a valuable resource. These platforms provide up-to-date information on participating venues and their discounted offerings.

As mentioned earlier, keep an eye out for “Dagstilboð” (daily specials) at restaurants. These specials often feature discounted prices on specific dishes or meal combinations.

Tips for Saving Money on Food in Reykjavik

Beyond specific food recommendations, here are some general tips for saving money on food in Reykjavik:

  • Cook Your Own Meals: If your accommodation includes a kitchen, take advantage of it. Cooking your own meals is significantly cheaper than eating out.
  • Eat Lunch Out, Cook Dinner In: Lunch specials are often cheaper than dinner. Enjoy a budget-friendly lunch at a restaurant and then prepare a simple meal at your accommodation in the evening.
  • Share Dishes: If you’re traveling with others, consider sharing a larger dish to split the cost.
  • Drink Tap Water: Tap water in Iceland is pure, clean, and delicious. Avoid buying expensive bottled water.
  • Bring Snacks: Pack snacks from home to avoid buying overpriced snacks at convenience stores.
  • Look for Free Food Events: Occasionally, there are free food events or samples available. Keep an eye out for these opportunities.
  • Plan Ahead: Research restaurants and prices beforehand. Having a plan will help you avoid impulse purchases and overpriced establishments.

Conclusion

Eating affordably in Reykjavik is absolutely possible. By embracing local favorites, exploring grocery store options, taking advantage of happy hour deals, and implementing smart money-saving strategies, you can enjoy the delicious flavors of Iceland without emptying your wallet. Remember to savor the experience, try new things, and don’t be afraid to venture off the beaten path. So, book your trip to Reykjavik and enjoy the incredible and surprisingly affordable food scene! You might be surprised at how much you can experience without overspending.