On the whole, transport costs in Iceland have risen since the consumer price index base year in 2008. By the end of 2023, 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 July 2024, by transport category
(Base 2008=100)
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. (July 24, 2024). Monthly consumer price index for transport in Iceland from January 2019 to July 2024, by transport category (Base 2008=100) [Graph]. In Statista. Retrieved December 19, 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 July 2024, by transport category (Base 2008=100)." Chart. July 24, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/
Statistics Iceland. (2024). Monthly consumer price index for transport in Iceland from January 2019 to July 2024, by transport category (Base 2008=100). Statista. Statista Inc.. Accessed: December 19, 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 July 2024, by Transport Category (Base 2008=100)." Statista, Statista Inc., 24 Jul 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 July 2024, by transport category (Base 2008=100) Statista, https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/ (last visited December 19, 2024)
Monthly consumer price index for transport in Iceland from January 2019 to July 2024, by transport category (Base 2008=100) [Graph], Statistics Iceland, July 24, 2024. [Online]. Available: https://www.statista.com/statistics/1362805/consumer-price-index-iceland-transport/