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Iceland Fuel Price Today

Gasoline 95 price for Iceland, last refreshed 2026-07-27 from government and market data sources.

Price / Liter
$1.735
Price / Gallon
$6.568
Weekly Change
— No change this week
Global Rank
#121 of 169

As of 2026-07-27, Iceland 🇮🇸 has a Gasoline 95 price of $1.735 per liter ($6.568 per gallon). This places Iceland at #121 out of 169 tracked countries worldwide, above the global average of $1.492/liter.

At $1.735/liter, Iceland costs $0.003/L more than nearby Cyprus ($1.732/L). Filling a 50-liter tank costs approximately $86.75 at current prices — above the $1.49/L global average by $0.243/L. See trend charts and the full 169-country comparison on the main dashboard.

Iceland in regional context

Rank in Europe
#14 of 46
Regional average
$1.940/L
vs world average
+16%
Cheaper than
28% of countries

Iceland ranks 14th of the 46 countries we track in Europe, at $1.735 per liter — 11% below the regional average of $1.940 per liter. Measured against the world average of $1.492, drivers here pay 16% more, placing Iceland among the more expensive markets worldwide.

For context, prices across Europe range from 🇷🇺 Russia at $0.934 to 🇩🇰 Denmark at $2.710, a spread of $1.776 per liter across the region.

What a tank costs in Iceland

Tank sizeCost to fill
40 litres$69.40
50 litres$86.75
60 litres$104.10
70 litres$121.45

At $1.735 per liter, $50.00 of fuel buys roughly 28 litres in Iceland. These figures are calculated from the gasoline price above and are meant for comparison between countries, not as a quote for any specific station.

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