5 Affordable Eateries in Reykjavík, Iceland
- Cedric Lee
- Jul 24, 2024
- 2 min read
Updated: Nov 19, 2024

Reykjavík, Iceland, might be known for its stunning landscapes and vibrant culture, but it's also home to a variety of affordable and delicious eateries. Whether you're craving Icelandic classics or international flavors, here's a guide to five budget-friendly spots you can't miss.
1. Icelandic Street Food
Average Price per Plate: $20 USD
First on our list is Icelandic Street Food, a family-owned gem that specializes in all-you-can-eat bread bowls. The menu might be limited, but the quality is exceptional. Their lamb soup, filled with tender lamb, potatoes, carrots, and vegetables, is a hearty option perfect for warming up on a cold Icelandic day. The shellfish soup, featuring shrimp and scallop, is another must-try.
2. Hi Noodle
Average Price per Plate: $15 USD
Craving authentic Japanese cuisine? Hi Noodle is the place to be. This small eatery specializes in ramen, and their Tonkotsu ramen is on par with versions found in Japan. The homemade gyozas are a highlight, practically melting in your mouth. For a taste of Japan in Reykjavík, Hi Noodle delivers an authentic and affordable experience.
3. Krua Thai
Average Price per Plate: $22 USD
For those who love Thai food, Krua Thai is a charming restaurant with ample seating. The flavors are authentic, the portions are generous, and the prices are affordable. However, this place can get busy, so making a reservation is recommended to ensure you get a spot.
4. Hornid Pizza
Average Price per Plate: $20 USD
If you're a fan of Italian cuisine, Hornið Pizza is a must-visit. The pizza is hand-tossed and topped with fresh ingredients, creating a delightful dining experience. The ambiance is cozy, making it a great spot to relax and enjoy dinner after a day of exploring Reykjavík.
5. The Hot Dog Stand
Average Price per Plate: $5 USD
No food tour in Reykjavík would be complete without trying the famous Icelandic hot dogs. While the popular hot dog stand often has long lines, there's a nearby alternative that’s just as good. These hot dogs, with crispy onions, sweet mustard, and remoulade, are a unique and delicious must-try.
Bon appétit and happy travels!
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