On the whole, transport costs in Iceland have risen since the consumer price index base year in 2008. By the end of 2022, passenger travel by sea has seen the highest price increases and air travel had increased the least from 2008. However, air travel had seen the largest fluctuation in prices, rising steeply in the early 2010s, then experiencing a reduction in prices before beginning to rise again in 2021.
Monthly consumer price index for transport in Iceland from January 2019 to December 2022, by transport category
(Base 2008=100)
Characteristic
Purchase of vehicles¹
Operation of personal transport equipment²
Passenger transport by road³
Passenger transport by air⁴
Passenger transport by sea
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¹ includes the purchase of motor cars, motorcycles and bicycles
² includes costs associated with operating motor cars, motorcycles and bicycles
³ includes the cost of local bus services and taxis
⁴ includes domestic and international flights
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Statistics Iceland. (February 3, 2023). Monthly consumer price index for transport in Iceland from January 2019 to December 2022, by transport category (Base 2008=100) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/
Statistics Iceland. "Monthly consumer price index for transport in Iceland from January 2019 to December 2022, by transport category (Base 2008=100)." Chart. February 3, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/
Statistics Iceland. (2023). Monthly consumer price index for transport in Iceland from January 2019 to December 2022, by transport category (Base 2008=100). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/
Statistics Iceland. "Monthly Consumer Price Index for Transport in Iceland from January 2019 to December 2022, by Transport Category (Base 2008=100)." Statista, Statista Inc., 3 Feb 2023, https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/
Statistics Iceland, Monthly consumer price index for transport in Iceland from January 2019 to December 2022, by transport category (Base 2008=100) Statista, https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/ (last visited June 18, 2024)
Monthly consumer price index for transport in Iceland from January 2019 to December 2022, by transport category (Base 2008=100) [Graph], Statistics Iceland, February 3, 2023. [Online]. Available: https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/