Survey Finds Iceland Priciest for Shoppers Skip to content
Nettó Hagkaup Bónus Iceland Fjarðarkaup
Photo: Golli (Bónus supermarket).

Survey Finds Iceland Priciest for Shoppers

According to a recent price survey by the Confederation of Icelandic Labour (ASÍ), Iceland is the most expensive supermarket chain in the country. Fjarðarkaup increased prices the least between years, although it is still the cheapest to shop in Bónus.

19% year-on-year increase

According to a recent survey conducted by the Confederation of Icelandic Labour (ASÍ), Iceland ranks as the most expensive supermarket chain in the country. The study, which included eight different supermarkets, was a follow-up to a similar survey carried out in October of the previous year. It showed that Iceland had the highest prices overall and also saw the most significant year-over-year price increase, at over 19%.

Among the surveyed supermarkets, Bónus had the lowest price levels, consistently offering the least expensive products. Fjarðarkaup, meanwhile, registered the smallest annual price increase, averaging about 6.5%.

Heimkaup, which held the distinction of being the most expensive supermarket last year, limited its annual price increase to 8%, moving it to fourth place in the current ranking. Hagkaup and Kjörbúðin are now the second and third most expensive supermarkets, respectively. Following Bónus in affordability are Króna and Nettó, with Fjarðarkaup trailing closely behind as the fourth least expensive option.

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