Society 10:12 23/07/2019 World

Iceland tops Europe as most expensive tourist destination

The hot springs of Iceland are not the only thing making tourists sweat, as a look at the hotel or lunch bill will tell you that most things cost more, sometimes much more, than anywhere else in Europe, AFP reported.

On the subarctic island, consumer prices were on average 56 percent higher than the rest of Europe in 2018, making Iceland the single most expensive country, ahead of Switzerland (52 percent), Norway (48 percent) and Denmark (38 percent), according to Eurostat data.

In order to avoid unpleasant surprises, Quint Johnson, had done "some research," before travelling to Iceland from the United States for a week's vacation with his family.

"But it's been a little bit of a shock," the 22-year-old student told AFP, having discovered the chilling rates for familiar items like a simple hamburger with fries and a beer.

A glance at the menu at an Icelandic restaurant will tell you that a plain cheese pizza will run you around 2,400 kronor -- almost 17 euros ($19) -- a glass of wine will be at least 10 euros and a pint of beer costs about 7 euros.

"That's a big price jump compared to what I'm used to," Johnson said.

According to the consumer price comparison site Numbeo, a dinner for two in an average restaurant ends with a bill of about 85 euros, a bottle of wine in a shop is priced at around 17 euros, and a dozen eggs cost up to five euros.

A small population of 355,000 coupled with a high dependence on imported goods and high taxes on alcohol all help explain Iceland's steep prices.

In 2018, the median monthly wage for someone working full-time was 632,000 kronor before tax (about 4,450 euros), according to Statistics Iceland.

So while the cost of living can come as a shock to tourists, the locals have the salaries to match it.

"We have to take into account the level of wages in Iceland. Here, we have one of the highest wages on average in Europe," said Breki Karlsson, chairman of the Consumers' Association of Iceland.



Source Panorama.am
Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

18:46
World Bank: Water quality crisis a global health challenge
The World Bank has warned that poor water quality is becoming a global threat to humans and environmental well-being. The recent report...
18:30
U.S. Armenians sue Turkey to visit their native land without a passport
A unique lawsuit, not based on the Armenian Genocide, was filed on May 29, 2019, by two Armenian-Americans against the Turkish government in the...
18:07
Artsakh president discusses development of the mining industry in the country
Artsakh President Bako Sahakyan received today famed geologist from Russia Sergey Vardanyan to discuss issues on the development of the mining...
17:50
Irish carrier RyanAir set to enter Armenia’s air market
Armenian Prime Minister Nikol Pashinyan received Irish RyanAir carrier’s Chief Commercial Officer David O’Brien and Route...
17:29
Italy government crisis: PM Conte quits amid coalition row
taly's Prime Minister Giuseppe Conte has resigned following a blistering attack on coalition partner Matteo Salvini. BBC reported, Mr Conte...
17:08
Earthquake recorded near Ashotsk village in north of Armenia
An earthquake of 2.8 magnitude was registered 9 km northeast of Ashotsk village of Armenia’s on Wednesday at about 14:20 (GMT 10:20),...
16:40
OSCE monitoring of the Artsakh contact line passed as scheduled
The OSCE Mission conducted a planned monitoring of the ceasefire regime on the Line of Contact between the armed forces of Artsakh and...
16:35
Kocharyan’s supporters hold protest outside the Italian and French embassies
The supporters of Armenian ex-president Robert Kocharyan, who is in custody with charges for overturning the countries constitutional order, are...
16:06
Spanish Olympic Committee launches a shared digital library
Spanish Olympic Committee has invited the NOCs of Europe to Madid to introduce CONPaas – a new digital platform for accessible services...
15:47
Government sends Amulsar audit report to the ministry of environment for further assessment
The Government of Armenia has sent the audit report of the latest independent environmental impact report by ELARD consultancy group to assess...
14:43
Independent Artsakh 28
Dear readers, a flash mob entitled “Intendent Artsakh 28” is organized ahead of the 28th anniversary of the Artsakh Republic...
13:57
Artsakh president sends congratulatory message to Catholicos of All Armenians
Artsakh Republic President Bako Sahakyan sent today a message of congratulations to His Holiness Garegin II, Supreme Patriarch and Catholicos of...
13:32
Sinquefield Cup 2019: Aronian loses to Caruana
Leading player of the Armenia chess team Levon Aronian lost the game to Fabiano Caruana at the Round 4 of Sinquefield Cup underway in Saint...
13:03
Less water volumes taken from Lake Sevan this year – Pashinyan
As of August 12 this year, water volumes taken up from Lake Sevan are 51 million cubic meters less to compare with the same period last year,...
12:18
ARF-Dashnaktsutyun calls for referendum on Amulsar exploitation
The Armenian Revolutionary Federation (ARF) Dashnaktsutyun Bureau has released a statement over the possible exploitation of Amulsar gold mine,...
11:38
Let Tigran the Great be kindly remembered
Tigran the Great established the Armenian Empire on all four sides to show the significance of all of them. The one was in Artsakh. What...
10:29
Shant Khachatryan: I’m sure my next medal will be gold
Wrestler Shant Khachatryan at 67 kg became a silver medalist at the World Wrestling Junior Championship. In a conversation with the ANOC press...
18:30
MES warns against a high risk of fire in the valleys and foothills of Armenia
Armenia’s ministry of emergency situations reports about a high risk of fire predicted in the valleys and foothills of the republic over...
18:05
Police: 65 cases of crime detected over the past day
According to the operations reports of Police of the Republic of Armenia, 65 cases of crime were detected by officers of various police...
17:51
Iranian FM Zarif to visit Macron in France
Iran's Foreign Minister Mohammad Javad Zarif is expected to visit Paris and meet with his counterpart and the French president on Friday,...
17:36
Kalavan resident Robert Ghukasyan appointed adviser to PM Pashinyan
Armenian Kalavan village resident Robert Ghukasyan has been appointed as advisor to Armenian PM Nikol Pashinyan. “As agreed earlier, I...
17:22
No specific plans yet for Putin - Zelensky meeting— Kremlin
There are no specific plans so far for a new Normandy format meeting and a potential date for contacts between Russian President Vladimir Putin...
16:11
Yerevan court denies bail for Manvel Grigoryan
The Yerevan Court of General Jurisdiction under presiding judge Mnatsakan Martirosyan, fully rejected on Tuesday another defense motion of the...
15:36
Italian parliament to vote on PM Conte today
The Italian parliament will hold a confidence vote on the government of prime minister Giuseppe Conte today after deputy prime minister and...
14:52
Armenia to take part in World Championship with 9 weightlifters
From September 18 to 27 Thailand’s Pattaya will host the World Weightlifting Championship. Head coach of the Armenia weightlifting team...
14:00
Artsakh Ombudsman hopes ICRC Mission will defend the rights of Armenian serviceman in Azerbaijan
  Artsakh Republic Ombudsman Artak Beglaryan has welcomed the report that the representatives of the International Committee of the Red...
13:09
Armenian Wounded Heroes Fund calls for donation to a disabled soldier
Armenian Wounded Heroes Fund has called for a support of a wounded soldier in April war to pass a sex-week therapy to walk normally. In a...
13:00
OSCE monitoring to be conducted in the Omar pass
In accordance with the arrangement reached with the authorities of the Nagorno Karabakh Republic, the OSCE Mission will conduct օn August 21 a...
12:34
Sinquefield Cup: Levon Aronian shares point with Viswanathan Anand
Levon Aronian, the leading player of the Armenia national team, registered his third draw at the Sinquefield Cup being held in Saint Louise,...
12:04
Japanese student looks for a host family in Yerevan to explore Armenia
As student of UWC Dilijan, Japanese Kento Suzuki is looking for a host family in Yerevan. In a Facebook post, the Japanese writes that during...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}