The economic crisis in Iceland has not deterred travelers from visiting the country. And it shouldn’t!
The krona is worth half as much as it used to be worth and this is great for Iceland-bound travelers and the Icelandic tourism industry, but it’s a terrible blow for the people who live there permanently.
Goods and services in Scandinavia are notoriously high, and even with the lower exchange rate, travelers continue to complain about high prices. So, the warning remains, know how much things cost before you go.
Ethan and Chelsea aka Chelsea2008 are currently traipsing about the frozen island. Although their money definitely goes further right now, they still find it no more affordable than at home.
Chelsea with viking troll in Reykjavik, Iceland
Shopping and eating is pretty expensive, even with the lower exhange rate right now, but we were able to find some pretty decent places for lunch & dinner.
- from North of 66!, Reykjavik, Iceland
Cnel traveled to Iceland in September and noted that they spent a lot of money in a souvenir shop.
Cnel in Iceland (with hat)
Finally we found our way back to the shopping street and stopped into a souvenir shop, where we didn’t really have a good grasp on the exchange rate and spent way too much money.
- from Reykjavik, ICELAND, Reykjavik, Iceland
And what would this blog post be without someone mentioning the exorbitant cost of food in this part of the world? Sandystark met the private stewardess and pilot for Eric Clapton, right after she paid $30 for a plate of nachos.
Sandystark in Iceland
Hey – don´t complain about gas prices in the USA–it´s about $8.00 a gallon here and we paid $30 for an order of nachos!
- from A terrific week in Iceland!, Reykjavik, Iceland
Tags: economic crisis, Eric Clapton, Iceland, krona, Reykjavik
