Where to Eat in Reykjavik on a Budget

A universal fact about Iceland is that it’s a pretty expensive place to be. So expensive, in fact, that at one point I was browsing a bookstore and a regular paperback book that would cost £7 in England cost approximately £20. Yeah.

That shouldn’t put you off, though: it’s such a magical country, with the Northern Lights, Blue Lagoon and landscape of volcanic rock. The magic makes up for the cost of living.

Which is why, when I visited earlier this month, I did my research: I searched high and low for the cheapest – but best – places to eat. I wanted cheap, but I wanted quality too. No McDonalds here. (Good luck anyway, there isn’t a single McDonalds in the entire country! Or Starbucks, either!) So each of these restaurants have been granted a “Commendation of Excellence” for fantastic reviews/food quality/customer service by Trip Advisor & Yelp. Enjoy!

Where to Eat in Reykjavik on a Budget | Reykjavik is an expensive place. So why not save some money and eat at places with commendations of excellence? Here are 10 places to go!

£ = £0-10
££ = £11-20
£££ = £21-30

BAEJARINS BETZU PYLSUR

£

Hot dog Stand
Tryggvatagata 1, 101 Reykjavík, Iceland

Fun fact: Bæjarins Beztu Pylsur apparently sells one of the best hot dogs in Europe. So good, in fact, that the name translates to “Best in the Land”. Also, Bill Clinton apparently ordered a hot dog from here and loved it – so that’s a good bit of trivia about the place!

SVARTA KAFFID

£

Soup restaurant
Laugavegur 54, 101 Reykjavík, Iceland

Where soup and bread bowls live in perfect harmony. Highly rated by everyone who comes here, the restaurant only sells two items: meat soup and vegetable soup. Both are like a religious experience in a bread bowl.

KAFFIVAGNINN

££

Seafood restaurant
Grandagarður 10, 101 Reykjavík, Iceland

When in Reykjavik, you’ve got to try the seafood – right? Kaffivagninn is one place you’re likely to hear recommended time and time again – their great dishes are worth the little bit extra you’ll pay! Authentic Icelandic fish? Yes please!

NOODLE STATION

£

Soup restaurant
Laugavegur 86, Reykjavik 101, Iceland

Downright delicious. You’re likely to see the line out the door for this restaurant, but the service moves pretty quickly and tables are always becoming available so don’t worry about it. Quick, easy and delicious. A must!

REYKJAVIK CHIPS

£

Fast food chips
Vitastigur 10, Reykjavik 101, Iceland

Fresh fries with a great array of sauces. Somewhere if you’re looking for a dish you can walk with – Reykjavik Chips offers chips made fresh in a variety of ways. You’ll find a bunch of people who swear by this place!

BRAUD & CO.

£

Bakery
16, Frakkastigur, Reykjavik 101, Iceland

Ask someone what their favourite item from Braud & Co. is and you’re likely to get a bunch of different answers. Mostly because everything there seems to taste so good! From the cinnamon rolls to the apple danishes, don’t deny the beauty of light, fluffy, baked goods into your life!

SANDHOLT

££

Sandwich cafe
Laugavegur 36, Reykjavik 101, Iceland

A place for inventive sandwiches toasted to perfection. Sandholt is here for all your sandwich/bakery needs! Check out their varied menu and see whether you’re in the mood for sandwiches, quiches, or even croissants!

BERNHOFTSBAKARI

£

Bakery
Klapparstig 3, Reykjavik 101, Iceland

Looking for a slice of cake from heaven? Find yourself in Bernhoftsbakari and check out their huge cakes – baked fresh in store!

C IS FOR COOKIE

£

Cafe
Tysgata 8, Reykjavik 101, Iceland

The last bakery on the list (I swear), but I couldn’t resist adding it after hearing of people’s love with their homemade brownies! Ooey and gooey in all the right ways, why deny yourself?

HAMBORGARABULLA TOMASAR

£

Burger restaurant
Geirsgotu 1, Reykjavik, Iceland

Don’t be discouraged if this place is packed: in fact, take it as a good sign! Another place that moves fast, Tomasar is known locally as the best burger joint in town. For a cheap eat (check out their “Offer of the Century”!) and great service, be sure to check this place out near the harbour!

NUDLUSKALIN

£

Thai restaurant
Skolavoerdustigur 8, Reykjavik 101, Iceland

A noodle restaurant sent straight from heaven. Nudluskalin had to be my favourite place to eat the entire time I was in town. If you’re going, make sure to check out their “Noodles for the Soul” dish and enjoy. Incredible meal!

RAMEN MOMO

£

Japanese restaurant
Tryggvagata 16, Reykjavik 101, Iceland

Don’t expect tonkotsu ramen, but do expect something just as delicious! Ramen Momo is another quick eat, but somewhere you’ll find yourself returning to over the course of your trip. Make sure to try the vegetarian monos!

Where to Eat in Reykjavik on a Budget | Reykjavik is an expensive place. So why not save some money and eat at places with commendations of excellence? Here are 10 places to go!

I’d love to hear if you’ve visited Reykjavik and where your favourite cheap place to grab food was? If not, and you’re reading this as a bit of research, I hope you have a fantastic time in the city!

To read more about the beautiful country, please click here.

Have a wonderful day,
Michael

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