Cheap Eats In Reykjavik, Iceland Under 15 USD

cheap eats in reykjavik
| 5 min read

Some say visiting Iceland can be costly most especially when it comes to food. They’re a bit pricey and sometimes, looking for a budget-friendly eating place will lead you to the usual fast-food options you most likely find in Europe and America. In Reykjavik, you’ll be surprised that there a number of cheap eateries with superb flavors that will suit your taste. The city, which serves as the largest and is the capital city of Iceland, is home to tremendous shopping, dining, and drinking apart from the eclectic attractions you’ll see once you tour the city. Besides, walking around Reykjavik is highly recommended since most of these attractions are within a short walking distance. And to further help you save on your budget, let me help you check out these awesome establishments that will feed your hunger in 15 USD or less! Scroll down to know more about the cheap eats in Reykjavik, Iceland under 15 USD!

1. Aktu Taktu

aktu taktu
Source: Photo by Flickr user Jason Eppink used under CC BY 2.0

Aktu Taktu is a high-quality fast food joint offering affordable and tasty burgers until late at night. It is, in fact, one of the best fast food options you could find in the city. Travelers also love how accessible it is since it is situated right in the heart of the city, so it’s easy to visit whatever time of the day. They have choices from the vegan burger, cheeseburger, double cheeseburger, TLC burger, and a many more. There are also add-ons like sundaes and fries, but if you want to experience better savings, choose from their options of affordable burger combos!

Aktu Taktu

Address: Skúlagata 15, 101 Reykjavík, Iceland

Opening hours: Monday to Wednesday 8am - 12am / Thursday 8am - 1am / Friday 8am - 4am / Saturday 10am - 4am / Sunday 11am - 12am

Website: Aktu Taktu

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2. Hlölla Bátar

Hlolla batar
Source: Photo by Flickr user Daniel Lobo used under CC0

A reliable place for delicious quick bites if you’re in a rush, Hlölla Bátar is a local’s favorite when it comes to sandwiches. The restaurant has been giving its guests a casual dining experience since it was established in the year 1994. Travelers should try their lamb teriyaki sandwich which comes in a large serving. Of course, you can pair your sandwich with french fries, mozzarella sticks with sauce as well as onion rings for 890 ISK (8 USD). One thing that you’ll like in this place is that the establishment does not skimp on sandwich fixings so you’ll get more than your money’s worth. Also, people love this place because it is perfect for some late night food trip and fast service.

Hlölla Bátar

Address: 101 Reykjavík, Iceland

Opening hours: Sunday to Thursday 10am - 2am / Friday to Saturday 10am - 5:30 am

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3. Noodle Station

10 facts about noodles? (5973404769)
Source: Photo by Wikimedia Commons user Helgi Halldórsson used under CC BY-SA 2.0

One of the most authentic Vietnamese noodles you’ll find in town, locals and visitors have dubbed it as one of the best noodle soups in town. There’s no need to stress yourself, just choose from the beef or chicken noodle soup and voila! Your hungry belly is saved. They also added a vegetarian-friendly soup to cater to varying taste buds. It is simple, casual, and affordable, given its serving! No wonder it rapidly became popular since its first opening in downtown Reykjavik back in 2009.

Noodle Station

Address: Laugavegur 103, 101 Reykjavík, Iceland

Opening hours: Monday to Friday 11am to 10pm / Saturday to Sunday 12nn to 10 pm

Website: Noodle Station

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4. Bæjarins Beztu Pylsur

Bæjarins beztu pylsur, Reykjavík
Source: Photo by Wikimedia Commons user Wilhelm Thomas Fiege used under CC BY-SA 3.0

Who would’ve thought that the best hot dog stand is not in New York but is found in Reykjavik, Iceland? Even the former President Bill Clinton stopped by to have a bite back in 2004 which also made it tremendously popular. The sought-after chain of hotdog stands called Bæjarins Beztu Pylsur has been located in the city of Reykjavik since 1937 whose name translates to “best hot dogs in town”. Visitors may purchase hot dogs that are lamb-based with pork and beef served in a bun with a choice ketchup, sweet mustard, remoulade, crisp fried onion, and raw onion as condiments. But, if you like all of it, just mention the Icelandic phrase “eina með öllu” meaning “one with everything”!

Bæjarins Beztu Pylsur

Address: Tryggvagata 1, 101 Reykjavík, Iceland

Opening hours: Sunday to Thursday 10am - 1am / Friday to Saturday 10am - 4:30am

Website: Bæjarins Beztu Pylsur

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5. Devito's Pizza

Devito’s irresistible pizza’s first opened its doors to Reykjavik locals in the year 1994. Aside from its tasty variety of pizza, it is one of those establishments that offer fast and friendly service plus affordable food. From meat, fish, cheese, vegetable, and a whole lot more, you’ll never run of pizza’s to try at Devito’s! You can even choose from a wide selection of toppings for your pizza. Why not see for yourself? After all, who will say no to a pizza?

Devito's Pizza

Address: Laugavegur 126, 105 Reykjavík, Iceland

Opening hours: Monday to Friday 10:30am - 2am / Saturday to Sunday 11am - 2am

Website: Devito’s Pizza

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6. Reykjavik Chips

It’s so nice to have something to eat while strolling around Reykjavik just like the fries, or chips as they locally call it, made from fresh potatoes that come with delicious and perfectly matched sauces. Its sauces vary from the chili mayo sauce which is spicy and hot as the sun, the garlic sauce made with a real garlic flavor that even vampires won’t try to eat, satay vegan sauce for our vegan friends, and many more. You might think these are some common fries but trust me, there’s a twist to it.

Reykjavik Chips

Address: Vitastígur, 101 Reykjavík, Iceland

Opening hours: Monday to Friday 11:30 am - 10pm / Saturday to Sunday 11:30am - 11pm

Website: Reykjavik Chips

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7. Subway

Subway 2
Source: Photo by Wikimedia Commons user Hasismaeel5 used under CC BY-SA 3.0

Nothing beats food tripping that is familiar to your taste buds. That’s why Subway is here to the rescue! A popular sandwich across the world, Subway is the perfect go-to for quick bites any time of the day and night. Also, it is one of the budget-friendly establishments you’ll find in the city. Each boat comes with a different nutritional value but feel free to eat whatever you want from vegetable, chicken, teriyaki, turkey boat, and a long list of different sandwiches! Subway also offer meals for small or big groups with a wide selection of combos to choose from. Feel like a star and choose the celebrity meal that will damage you only 360 ISK (3 USD) to add soda and a snack bag to your boat.


Address: Ártúnshöfði / N1

Opening hours: 24/7

Website: Subway

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8. Dirty Burger and Ribs

Before you freak out, these burger and ribs aren’t really dirty. Dirty Burger and Ribs in Reykjavik offer juicy and delicious ribs and mouthwatering burgers and fries. Choose from their combos of ribs and burgers like barbeque ribs, fries and soda, Buffalo chicken burger, fries and soda, and bacon burger, fries and soda. You’ll find restaurants and food stalls in Reykjavik quite pricey, but here in Dirty Burger and Ribs, kids meal are offered at less than 10 USD. So there’s no need to break the bank to buy a decent meal for your kiddos!

Dirty Burger and Ribs

Address: Austurstræti 18, 101 Reykjavík, Iceland

Opening hours: Sunday to Wednesday 11am - 10pm / Thursday to Saturday 11am - 11:30pm

Website: Dirty Burger and Ribs

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9. Krua Thai Cuisine

Posted by Krua Thai Skólavörðustígur on Friday, 23 February 2018

Isn’t it amazing that you can find a genuine place for Thai food in Reykjavik? In fact, it is one of the best you’ll find in town, and it’s affordable by Icelandic standard. Travelers will get to taste their delectable Massaman or Panang curries as well as their chicken with cashew nuts (Thai style) for only 1790 ISK (15 USD). Take your pick whether you’ll be ordering a chicken, beef or duck for your noodle soup. Then, add some spring rolls or dumplings to complete your Thai food experience in Reykjavik!

Krua Thai Cuisine

Address: Skólavörðustígur 21, 101 Reykjavík, Iceland

Opening hours: 11:30 am to 9:30 pm

Website: Krua Thai Cuisine

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10. Bio Borgari

Bio Borgari uses high-end organic ingredients while making their delicious burgers for a good price. The organic burgers vary from beef and veggie which also makes it a great place for vegans. You can either dine in or take away your burgers since the store is not as big as the other establishments in the city. However, due to its friendly atmosphere and good music, visitors, even locals, had been coming back! Make sure to also try their homemade veggie chips for only 450 ISD (4 USD) that will surely leave you breathless.

Bio Borgari

Address: Vesturgata 12, 101 Reykjavík, Iceland

Opening hours: Monday to Tuesday - closed / Wednesday to Friday 11:30am - 2pm, 5pm - 9pm / Saturday to Sunday 11:30am - 9pm

Website: Bio Borgari

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Food tripping in Reykjavik

Still surprised that Reykjavik has a long list of cheap eats? Make sure to visit this city ASAP to try them all!

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Any must-sees we missed? Tell us about them in the comments section or write a post here to help out fellow travelers!
Disclosure: Trip101 selects the listings in our articles independently. Some of the listings in this article contain affiliate links.


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Catherine is a small-town woman who thrives in an ecstatic world, finding joy in planned and spontaneous travel. Life, to her, is a series of surprises waiting to be explored with open eyes....Read more

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