Costco Iceland
warehouse 1 Warehouses
Gelato, Icelandic pylsur, kleinur
Iceland Food Court Menu
Yes, there's a Costco in Iceland. One warehouse in Garðabær, just south of Reykjavík, serving a nation of 380,000 people who have embraced bulk shopping with startling enthusiasm. The food court swaps soft serve for proper gelato (four flavors, waffle cone), keeps the iconic hot dog but makes it Icelandic, and generally operates as one of the most charming small-market Costcos on the planet. Everything costs a bit more here — this is Iceland, where a gas station sandwich can run you $12 — but by local standards, the food court is a genuine bargain.
Locations: 1 warehouse (Garðabær, near Reykjavík)
Iceland-Exclusive Items
| Item | Price (ISK) | Price (~USD) | Description |
|---|---|---|---|
| Gelato (Waffle Cone) | 399 ISK | ~$2.90 | Four rotating flavors: chocolate (rich and dark), mint chocolate chip, stracciatella (vanilla studded with chocolate shards), and Amarena cherry (the sleeper hit — tart cherry swirl through creamy gelato). Served in a proper waffle cone, not a cup. Replaces soft serve entirely, which feels like an upgrade. |
| Icelandic Hot Dog (Pylsa) | 299 ISK | ~$2.20 | The Icelandic pylsa is not your standard Costco dog — it's made from a blend of Icelandic lamb, pork, and beef, giving it a distinctive flavor you won't find anywhere else. Topped with raw white onion, crispy fried onion (the crunchy golden bits are essential), ketchup, sweet brown mustard (pylsusinnep), and remúlaði (a mayo-based sauce with relish). The fried onion situation alone is worth the price. |
| Burger | 599 ISK | ~$4.40 | A proper burger available alongside the hot dog — solid, no-frills, and a relative rarity in Costco food courts worldwide |
| Four Cheese Pizza | 600 ISK/slice | ~$4.44 | A unique Iceland pizza variety — four cheese blend on the standard Costco base |
| BBQ Chicken Pizza | 600 ISK/slice | ~$4.44 | Another Iceland-specific topping — smoky BBQ sauce with chicken. Neither of these pizza varieties are available in the US. |
Shared Items (ISK pricing)
| Item | Price (ISK) | Notes |
|---|---|---|
| Hot Dog Combo | 299 ISK | Slightly more than $1.50 due to Iceland's high costs |
| Whole Pizza | 2,200 ISK | ~$16.27 — everything is expensive in Iceland |
| Mango Smoothie | ~399 ISK | Same as other international locations |
| Coffee | ~199 ISK | Basic drip coffee |
Notes
- Iceland has one of the highest costs of living in the world, so even Costco prices are notably higher than other markets — but by Reykjavík standards, the food court is a steal
- The gelato replaces soft serve — same as Sweden and UK. Nobody seems to miss the soft serve.
- Icelandic hot dogs (pylsur) are a genuine national obsession. The most famous hot dog stand in the country, Bæjarins Beztu, has served everyone from Bill Clinton to random tourists who waited 45 minutes in the rain. Costco's version is a credible pylsa at a great price.
- This is the smallest Costco market in the world by warehouse count — one warehouse, one island, 380,000 people, and membership penetration rates that would make other countries blush
- The Garðabær location is small by Costco standards but perfectly sized for the market. On weekends, the parking lot functions as an unofficial community gathering space.