Question: How Much Spending Money Do I Need For Iceland?

How much cash should I bring to Iceland?

My rule of thumb is to convert $200 to ISK when I land at Keflavik…

it’s useful for when you’re going out to bars, hot dog stands, or other places where you don’t want to spend more than a few seconds paying for things.

That said, even in those places, they take cards, pretty much the entire country takes cards..

What should you not wear in Iceland?

The Icelandic winds can make you feel uncomfortably cold very quickly if you are not dressed for the variable weather conditions. For a road trip, you need comfortable clothes since you will spend long hours in the car. So, you should avoid wearing items of clothing which are tight and restrictive. Dress in layers.

What do you wear to dinner in Iceland?

A: No, Icelanders are not particularly strict on dress-codes. Think ‘casual but smart’ when dining at upscale restaurants. All restaurants will serve you, regardless of your fashion, but you might feel out of place wearing outdoor clothing or ripped jeans to dinner at Reykjavík’s more fashionable restaurants.

What is the best currency to use in Iceland?

The currency used in Iceland is the Icelandic Krone (pronounced “krona”), ISK. Euro/Mastercard and Visa credit and debit cards are widely used. In larger towns and airports it is easy to withdraw cash through ATMs (cash machines). Exchange rate November 2016: 1 GBP = 137 ISK.

What does a meal cost in Iceland?

Cook Your Own Food I found food to be the most expensive thing in Iceland. Eating out, even on the cheap, costs about $15 USD or more per meal. Something from a sit-down restaurant with service can cost $25 USD or more!

How much should I budget for a week in Iceland?

The average cost for a trip to Iceland for a family of four for a week is $7-9,000. Yup, that is over $1,000 a day. I have worked with families of five that have spent $25,000 on a 10-day trip, and couples who have spent $5,000 on a week-long trip.

Is Iceland expensive for tourists?

According to Numbeo’s Cost of Living Index, Iceland currently ranks as the third most expensive country in the world. Local banks have also studied the essential travel costs for tourists, and the numbers are staggering.

Are US dollars accepted in Iceland?

Money. Currency: The currency in Iceland is the Icelandic króna (ISK). Many places (restaurants, bars, tourist attractions) will take US dollars, Canadian dollars, Euros, Norwegian, Swedish and Danish currencies. … Most people don’t even carry cash because paying by card is so common.

Do you tip in Iceland restaurants?

In Iceland, tipping is not expected; nearly all bills that you receive already include gratuity, and it is quite unnecessary—and uncommon—to add a tip. … If you feel you have received excellent service, the best way to show your appreciation is to tip 10 percent or round up the amount of the bill.

Can you drink the tap water in Reykjavik?

Yes, it is safe to drink the tap water and 95% of all water in Iceland comes from springs. It is in fact one of the cleanest and most delicious drinking water in the world. Unlike in many neighbouring countries, the Icelandic water is free of chlorine, calcium, and nitrate.

Is Blue Lagoon worth the money?

Pools and hot tubs often serve as a hub of social activity in Iceland, and while the Blue Lagoon may not provide that every time, it’s a good place to get started. It’s worth the trip for the opportunity to take in the natural beauty of Iceland: in its waters, its views and way of life.

How much is a Big Mac in Iceland?

A Big Mac in Reykjavik sells for 650 krona (£3.22), but the 20% price rise required to make a decent profit would have increased it to 780 krona (£3.86), which would have made the Icelandic version of the burger the most expensive in the world.