iceland trip cost from singapore

My Actual Iceland Trip Cost: Detailed Budget Breakdown

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How much does an Iceland trip cost? A LOT OF MONEY! Ha. This is a famously expensive destination. But in all seriousness, Iceland gives you quite a bit of value for that money.

Recently my friend Amanda from A Dangerous Business and I took a 13-day road trip to Iceland in August 2022. This is one of the best trips I’ve taken in a very long time — but holy hell, was it expensive!

We were traveling at peak season, plus it was the biggest travel summer in three years, making it a popular time for travelers (and expensive time for both rental cars and gas).

I know it can be helpful to see what other people paid for trips to Iceland, so here’s a detailed Iceland trip budget. I hope this is helpful for you to plan your own Iceland trip!

Table of Contents

Is Iceland Expensive?

Yes, Iceland is very expensive. It’s one of the most expensive countries of the 80+ I’ve visited, up there with Sweden and Australia, though I think Norway and Switzerland are a TINY BIT more expensive than Iceland.

There are reasons for this. Iceland is an isolated island, and they have to import the vast majority of supplies. Most fresh produce is grown outside Iceland and shipped in.

And like all of the Nordic countries, Iceland has a high cost of living. It’s not as jarring for locals, who earn high salaries — thanks in part to more than 90% of Icelandic workers being part of a labor union — and having their taxes pay for healthcare, education, infrastructure, and an excellent quality of life.

The time of year has a huge impact on your costs, too. Summer travel — considered mid-May through August — is much more expensive, and for good reason. Summer is the best time to travel Iceland, as everything is open, weather is at its best, tons of tours are running, and the roads are in much better condition.

Winter can be much cheaper and far less crowded, but keep in mind it can be very cold, very dark, and you may have to deal with winter storms and road closures.

Your Iceland trip cost can be as low as $100-150 USD per day if you hitchhike and camp or stay in hostel dorms. More realistically, I think $250+ USD per day will land you a much nicer trip .

In August 2022 we spent around $400 USD for gas to drive the Ring Road in its entirety, plus a few detours like Snaefellsnes and Húsavík.

We found the cheapest non-terrible hotel rooms with shared bath to be around $82 per night , but in expensive areas like Lake Myvatn, that could be as high as $300+.

The cheapest item on restaurant or gas station menus is a hot dog, usually for around $6 USD . An entree in a restaurant is often $25-30. But the best way to save money is to buy groceries.

How I Budgeted My Iceland Trip

Tracking travel expenses is a relatively new thing for me. People have often asked me for budget breakdowns, but I haven’t kept close track until I started using YNAB (You Need a Budget) software in 2020.

Guys, YNAB is the best thing I have ever done for my finances. It literally changed my life. My finances are so much better than they used to be, and I have a much better system of budgeting for trips and saving up over time!

If you want to try YNAB, you can get a free monthlong trial through my link . (If you sign up, they’ll give me a free month of YNAB.)

During your free monthlong trial, join in YNAB’s live Zoom tutorial sessions — they have several each week. They’re super helpful. And join the YNAB Facebook group and/or subreddit. It takes a bit of time to wrap your head around, so make the effort. I promise you it’s so, so worth it.

Since I started YNAB, along with Profit First, I allocate 30% of my travel blogging revenue to operating expenses — 20% to admin and 10% to travel costs. (You can do the same by budgeting a set amount for travel per month or per paycheck.)

Over time I automatically transferred that money directly into my “General Travel” category, then the “Iceland Trip 8/22” category, and as I made expenses before and during the trip, automatically deducted from money set aside for that trip.

As soon as Amanda and I decided to do this trip, we booked flights, our rental car, all accommodation, and several activities. We kept track of Iceland costs on a Google Docs spreadsheet. After arriving in Iceland, we took turns paying for mutual expenses on the road, like gas, but paid other expenses separately, like food. We used credit cards for every single purchase.

After the trip, we went through our credit card bills and added our mutual expenses to the spreadsheet, saw who had paid more, and Venmo’d the difference. Easy!

We kept track of everything in USD, as it was easier for us to just go by our actual credit card statements than go through and convert lots of receipts.

Our Travel Style

In an expensive destination like Iceland, it’s smart to drop down a travel level . I usually stay in mid-range hotels with occasional high-end splurges, as does Amanda, but on this trip we stayed in the cheapest budget hotels with non-terrible ratings, often with shared bathrooms.

Food-wise, we mainly ate in restaurants and cafes. A few hotels included breakfast. We bought groceries for breakfast in Akureyri.

Additionally, many accommodation prices were actually charged in Euros, not Icelandic Kroner, and the Euro dropped significantly against the US dollar between when we initially booked (June 2022) and when we traveled (August 2022).

For example, our Akureyri Airbnb was set to charge us in two payments of 334.39 euros. They ended up charging us $359.17 for the first payment and $342.88 for the second payment thanks to the euro dropping.

Finally — if you’re traveling with a friend, I can’t overstate the importance of being on the same financial page. Have conversations early and often about how you want to spend your money, with specific numbers, before booking anything.

Luckily, Amanda and I were in agreement on our priorities. We cared about spending lots of money on activities and didn’t care as much about food or accommodation (save a few cool spots).

Amanda published a post about a 10-day Iceland itinerary that is definitely worth checking out!

Total Cost of Iceland Trip: $4303.11 each or $8606.21 for two

This is for two people sharing accommodation, car rental, and gas, and paying for their own activities and food.

I tracked every expense except Amanda’s airfare and food, but for cost-for-two purposes, let’s assume she spent the same amount as me on those two categories.

• Airfare: $548.20 for Kate (approximately $1096.40 for two)
• Car Rental and Ground Transportation: $2608.04 for two or $1304.02 each

Accommodation: $2371.80 for two or $1185.90 each

Food: $690.60 for kate (approximately $1381.20 for two), activities: $1,141.81 for two or $570.91 each, restrooms: $6.96 for two or $3.48 each, souvenirs: $0.

Airfare: $548.20 for me

• Flixbus, Prague Florenc to Vienna Airport: $50.98
• Vienna to Reykjavík on WizzAir: $260.14
• Reykjavík to Prague on Play: $237.08

Airfare can depend on a million different factors; this is simply what I spent flying from my home in Prague. Amanda flew from her home in Cleveland via a layover in Boston. These flight prices include checked luggage; I didn’t end up using checked luggage, so they could have been cheaper.

There are direct flights from Prague to Reykjavík on Play, but they get in at 12:30 AM and I didn’t want to deal with that (especially since that would be 2:30 AM to my Prague body — and then you have to rent a car, drive 45 minutes to Reykjavík, check into the hotel…)

Prague’s bus station is an 8-minute walk from my apartment, so sometimes I just book a flight from Vienna and take a 4.5-hour bus directly to the Vienna airport. Vienna’s WizzAir flight to Reykjavík gets in at a much more reasonable 6:30 PM, so that worked for me.

How to Make it Cheaper: It’s hard to siphon down airfare costs, but you can save by flying carry-on only or planning a trip during the winter. For cheap flights from North America, I recommend booking 3-6 months in advance as soon as you spot a good fare.

Car Rental and Ground Transportation: $2615.30 for two or $1307.65

• Car rental, 12 days: $1991.32
• Extra driver fee: $25.65
• Gas: $400.71
• Tunnels: $54.30
• Parking: $40.77
• Ferry: $102.55

Car Rental: This was our biggest expense of the trip, not least because there has been a car rental shortage since COVID began. This was the price for an automatic sedan (we got a Toyota Corolla) for 13 days. Our rental was at Europcar, right in the airport terminal; this was a priority for me, as I wanted to get out quickly and many rental companies are located a 15-20-minute drive from the airport.

Gas: We filled up gas most days and tried to fill up frequently, as gas stations are often far apart.

Tunnels: There is only one paid tunnel in Iceland, just east of Akureyri. Many people driving the Ring Road only pass through the tunnel once, but our schedule and itinerary had us going through it five times total for an average of $10.86 each time.

Parking: While free in most locations, we ultimately paid for parking at Fagradalsfjall Volcano ($7.33), Kirkjufellsfoss ($5.13), Hverir ($5.05), Skaftafell for Svartifoss ($7.26), Kvernufoss ($5.33) and Seljalandsfoss/Gljúfrabúi ($10.67).

Ferry: We took the Westman Islands ferry round-trip with our car for $102.55. We could have done it without the car for cheaper, but we both enormously appreciated how much easier having a car made things.

How To Make it Cheaper: Renting a manual car is cheaper than an automatic car, but you need to be willing to drive a manual car. Renting from an off-site car rental spot is a good option for saving a bit more. You can also plan an itinerary that doesn’t go through the tunnel five times!

• 201 Hotel in Kópavogur, near Reykjavík (1 night): $177.34
• Hamralid 9 Guesthouse in Grundarfjördur (2 nights): $185.94 for two nights or $92.97 per night
• Hvammur 2 Guesthouse near Blönduós (1 night): $82.05
• Airbnb rental in Akureyri (3 nights): $702.05 for three nights or $234.02 per night
• Sel Hotel in Myvatn (1 night): $347.06
• Lyngas Guesthouse in Egilsstadir (1 night): $146.79
• Hotel Smyrlabjörg near Jökulsárlón (1 night): $213.12
• Puffin Hotel in Vík (1 night): $277.21
• Glamping and Camping in the Westman Islands, plus linens (1 night): $93.40
• Asahraun Guesthouse near Selfoss (1 night): $146.84

As you can see, our search for budget stays led to an enormous range of accommodation costs — from $82.05 to $347.06 per night! Our average cost of accommodation was $182.45 per night.

All of our hotels offered private rooms; some had shared bathrooms. We shared a single room everywhere except the Airbnb apartment in Akureyri, which had two bedrooms.

In terms of value for money, I think that we enjoyed immense value at Asahraun Guesthouse near Selfoss, with our adorable little hobbit house, hot tub on site, and lots of cozy amenities. The shower was shared with two other houses but we had our own toilet and sink, which was great.

And Hvammur 2 Guesthouse near Blönduós was a cheap and cozy place that reminded me how hostels used to be: people hanging out, watching TV together or cooking in the kitchen. We never even got formally checked in; we just got an email with our room number and were told to enjoy ourselves!

The worst value? Sel Hotel in Myvatn, by far, at $347.06 per night for a basic twin hotel room with private bathroom and breakfast included. Yikes!

Lake Myvatn in general was shockingly expensive and super-crowded. I’ve heard you can save money by staying in Húsavík instead; it’s an hour’s drive away.

How to Make it Cheaper: These were the cheapest non-terrible hotels we could find during the peak summer months, two months before our trip. You can also stay in hostel dorms or camp for less.

Hiring a camper van sometimes ends up a bit cheaper than a budget hotel, but the difference isn’t usually significant. Don’t get a camper van to save money; only get a camper van if you want that style of trip.

• Groceries: $20.32
• Lunch Kate bought for 2 at Godafoss: $11.24
• Kate’s restaurant expenses: $674.82

Iceland is not a place you go to for the food. The food isn’t terrible, but it isn’t special, either, and I don’t think there’s much of a need to splurge.

We mainly ate at restaurants and cafes throughout our trip. Though we generally kept things cheap, we did have the occasional splurge (Gott in the Westman Islands was lovely, as was Naustið in Húsavík, and we enjoyed langoustine sandwiches at Z Bistro in Höfn). We only had a few alcoholic beverages throughout the trip: a fancy cocktail each at Gott, and I sampled a few local craft beers throughout the trip.

We bought groceries to cover our three breakfasts in Akureyri (yogurt, fruit, bread and butter).

How to Make it Cheaper: Self-cater all the way. Shopping at the grocery store is one of the easiest ways to save money in Iceland. If you do eat out, usually the cheapest thing on the menu is a hot dog, whether at a restaurant or gas station.

Activities are where we went nuts. Keep in mind that this trip was for work reasons, though. We had a lot we wanted to write about!

Paid Activities

• Thermal Baths: $427.04 for two or $213.52 each
• Tours and Activities: $541.20 for two or $270.60 each
• Museums: $155 for two or $77.50 each
• Outdoor Attractions: $18.57 for two or $9.29 each

Thermal baths included Krauma in Reykholt ($71.82 for two or $35.91 each), the Forest Lagoon in Akureyri ($87.17 for two or $43.59 each), GeoSea in Húsavík ($80.04 for two or $40.02 each), Myvatn Nature Baths in Myvatn ($86.62 for two or $43.31 each), Vök Baths in Egilsstadir ($87.17 for two or $43.59 each), and Vestmannaeyjar Swimming Pool in the Westman Islands ($14.22 for two or $7.11 each).

Tours and activities included whale watching in Húsavík ($157.02 for two or $78.51 each), horseback riding in Húsavík ($167.35 for two or $83.68 each), and a RIB boat trip in the Westman Islands ($216.83 for two or $108.42 each).

Museums included the Bjarnarhöfn Shark Museum in Bjarnarhöfn ($20.52 for two or $10.26 each), Herring Era Museum in Siglufjördur ($32.02 for two or $16.01 each), Whale Museum in Húsavík ($25.34 for two or $12.67 each — included a small discount from our whale watch), Jaja Ding Dong Eurovision Museum in Húsavík ($14.44 for two or $7.22 each), Petra’s Stone Collection in Stöðvarfjörður ($21.46 for two or $10.73 each), and Eldheimar in the Westman Islands ($41.22 for two or $20.61 each).

Outdoor attractions included Stokksnes , including Viking Village ($12.88 for two or $6.33 each), and Kerid Crater ($5.69 for two or $2.85 each).

Free Activities

And a nice thing about Iceland is that lots of outdoor activities are free!

• Hiking to the volcano (paid parking)
• Free waterfalls: Svodufoss, Bjarnarfoss, Glanni, Reykjafoss, Goðafoss, Dettifoss, Gufufoss, Folaldafoss, Nykurhylsfoss (Sveinsstekksfoss), Skógafoss, Hestavadsfoss, Gluggafoss
• Free waterfalls that charged for parking: Kirkjufellsfoss, Hundafoss/Svartifoss, Kvernufoss, Seljalandsfoss/Gljúfrabúi
• Free canyons: Rauðfeldsgjá Gorge, Kolugljúfur Canyon, Stuðlagil Canyon, Múlagljúfur Canyon, Fjaðrárgljúfur Canyon
• Free lagoons and beaches: Skarðsvík, Djúpalónssandur, Jökulsárlon, Fjallsárlón, Diamond Beach, Reynisfjara Beach
• Free outdoor sites: Saxhóll Crater, Hvitserkur, Hofsós basalt columns, Skútustaðagígar, Dimmuborgir Lava Field, Grjótagjá Cave, Hverir, Seydisfjördur Rainbow Street, Eggin í Gleðivík
• Free churches: Ingjaldshólskirkja, Búðakirkja, Stykkishólmskirkja Víðimýrikirkja, Grafarkirkja, Hofskirkja
• Free indoor sites: Akureyri Christmas House
• Free viewpoints: TOO MANY TO COUNT.

Comped Activities

As travel bloggers, Amanda and I wanted to pay for things on this trip ourselves and have full editorial freedom, rather than get free stuff and feel indebted to companies.

Still, thanks to our connections, we were kindly offered comped entry for two hot springs that we planned to cover anyway (and one I had previously covered two months earlier): the Sky Lagoon and Hvammsvik.

• Sky Lagoon : $143.82 for two or $71.91 each (Pure Package, which I think is the package most worth it)
• Hvammsvik : $100.24 for two or $50.12 each

Best Activities Overall

Almost everything we did was excellent and I would happily do again. At the same time, I understand that most travelers are going for fun, not work, and need to pick and choose their spending more carefully than we did.

For thermal baths, I absolutely adored the modern, funky Vök Baths in Egilsstadir, with the gorgeous natural facilities of Hvammsvik second. GeoSea is a great place with spectacular views on a nice day, and if you’re basing in Reykjavík, the Sky Lagoon is worth it if you include the Seven-Step Ritual.

For paid activities, one of the best things we did was our RIB boat trip in the Westman Islands . It was so fun, we immediately regretted doing the one-hour trip instead of the two-hour trip!

Also, if you want to go whale watching in Iceland, do it in Húsavík if you can, not Reykjavík. The whale watching is significantly better there, and I know too many people who saw nothing on their Reykjavík whale watches.

And for museums, I LOVED THEM ALL. But I was deeply moved by Eldheimar , which tells the story of the 1973 volcanic eruption in the Westman Islands, and the Herring Era Museum in Siglufjördur is outstanding, especially its final building. Petra’s Stone Collection was an unexpected delight.

What to skip? The only thing I would skip would be the Myvatn Nature Baths ; it felt a bit ramshackle in comparison to the other baths.

How to Make it Cheaper: Go to local swimming pools instead of fancy baths; every town has them and they’re a great option for a cultural experience (especially with kids). Go all in on free outdoor activities; you’ll always have plenty to do.

• Restroom near Hvitserkur: $3.66 (we held the door so we only had to pay once)
• Restroom at Studlagil Canyon: $1.15 each or $3.30 for two

I was going to call this category “miscellaneous,” but literally the only thing left was restrooms.

(Let me add that it’s helpful to have Apple Pay if you have an iPhone — that way you can just scan it and run in if you sprinted to the bathroom from your car and left your wallet behind. Hehehe.)

How to Make it Cheaper: Lose your shame and just pee out in the open, man.

Yes, zero! I had actually been in Iceland in May and bought a small lava sculpture for my living room (around $35) and a gift for my fiancé Charlie (around $15), but I didn’t feel the need to buy anything on this trip.

Spending is purely discretionary, but I know a lot of people who like to buy Icelandic sweaters (they’re called lopapeysa ), yarn, and jewelry.

For me, my photos are my souvenirs. These are what I truly treasure.

Travel Insurance: Already Paid For

I am not buying travel insurance anyore because I get it for free. My bank account in the Czech Republic comes with free travel insurance as long as I deposit a significant amount of cash per month. A great benefit.

If you don’t already have travel insurance — and trust me, you need it — I recommend World Nomads for most travelers , which I used for years before moving to the EU.

How to Save Money in Iceland

In such an expensive country, you want to cut costs wherever you can. Here are my top tips for saving money:

Travel in the winter (October to April). It’s a completely different experience from summer travel, which is high season, but airfare, accommodation, and car rental — three of your biggest expenses — tend to be much lower. Plus, you can see the Northern Lights.

Travel with a friend. As much as I love traveling solo in Iceland, I saved SO much money by splitting accommodation, gas, and car rental with Amanda!

Book your trip super-early. The good accommodation — especially the good CHEAP accommodation — tends to sell out first.

Spend limited or no time in the most expensive destinations. I found the most expensive destinations to be the capital city of Reykjavík, Lake Myvatn, the Golden Circle, and the South Coast. Places like Snaefellsnes and the rural north were much cheaper by comparison.

Book guesthouses with shared bathrooms. These are common in Iceland. Shared bathrooms usually lower the price of an equivalent room with ensuite bathrooms, and most of the time it’s not a nuisance whatsoever.

Consider non-hotels: hostels or Airbnb rentals. Hostels with shared dorms will always save you money; Airbnbs can go either way.

Consider camping. It’s a different kind of trip, but it’s much cheaper than staying in the cheapest hostels or guesthouses! But if you don’t already have equipment, you’ll need to pay to rent it.

Use a credit card that covers car insurance. I haven’t paid for supplemental car rental insurance ANYWHERE since I got my Chase Sapphire Preferred card. This and several other credit cards provide a car insurance benefit.

Rent a car with a manual transmission. ONLY if you can drive one and are willing to drive one in Iceland.

Consider taking the bus. You can take buses along the Ring Road, though keep in mind stops are limited and this won’t get you to most places without supplemental hitchhiking. Many public transportation routes shut down in the winter.

Consider hitchhiking. Iceland is one of VERY few countries where I would ever consider hitchhiking, as it’s extremely safe. Please do your research beforehand.

Don’t take Icelandic króna out at the ATM. In our 13-day trip, we didn’t use cash ONCE. So we always got a good rate with our credit cards, and there was no extra cash at the end of our trip! (You may want to take out a small amount — think under $50 — in case you come across any donation-only attractions.)

Pack carry-on only. It will save you luggage fees. You can book accommodation with on-site laundry halfway through your trip (which we did in Akureyri), or pack fabrics like merino wool that you can wear several times without smelling.

Self-cater your meals. Shopping at grocery stores will save you so much money over going to restaurants. Look for Bónus, the cheap grocery store chain in Iceland.

Eat at gas stations. It’s not THAT gross, I swear. Many gas stations serve decent cheap meals. This is the closest thing you have to McDonald’s in Iceland.

Get into hot dogs. Wherever you go, hot dogs are usually the cheapest thing on the menu. Often even cheaper than a little bowl of soup!

Bring a water bottle and refill it everywhere. Iceland has excellent tap water. There is zero reason to buy bottled water.

Skip the alcohol. Alcoholic drinks tend to be very expensive in Iceland. If you want something nicer to drink than water, I suggest Collab — an Icelandic soda with collagen and caffeine. It comes in several fun fruity flavors and I tried to try them all!

Spend your time visiting free natural attractions. You saw how many waterfalls and canyons and cool outdoor sites we saw, all for free!

Hike, hike, hike. You might occasionally need to pay for parking, but for the most part, you can hike for hours for free.

Go to swimming pools instead of fancy hot springs. They’re a cultural experience and super fun. And if you have kids, THIS is where you should go instead of the fancy spots.

More on Iceland:

• 35 Awesome Things to do in Reykjavík, Iceland
• Things to Know Before You Visit the Blue Lagoon, Iceland
• Why Iceland is Great for First-Time Solo Female Travelers

My Favorite Places in Iceland:

• How to Visit Kvernufoss, My Favorite Iceland Waterfall
• A Look Inside the Sky Lagoon, Iceland
• Sail Through the Sky with FlyOver Iceland
• Snorkeling Silfra: The Cold Neon Waters of Iceland
• How to Visit Studlagil Canyon, Iceland
• Visiting Stokksnes and Vestrahorn Mountain, Iceland
• Guide to the Gorgeous Tröllaskagi Peninsula, North Iceland
• Are the Vök Baths Iceland’s Best Geothermal Spa?

How much did your Iceland trip cost? Share away!

How Much Does An Iceland Trip Cost in 2024: Detailed Budget Breakdown

Written By: The Planet D

Iceland , Travel Planning

Updated On: June 11, 2024

An Iceland vacation is never ‘cheap,’ even if you plan it on a strict budget. The country is known as an expensive destination. You’ll need to get savvy to save money on your trip to Iceland . The average Iceland trip cost is $200-300 per day – without factoring in the most extortionate (yet fantastic)  things to do in Iceland.  

Certain activities, like  snorkeling between the tectonic plates , can cost that just for one trip. And you’ll need to factor in rental car costs if you plan to venture anywhere outside of Reykjavik, the capital city, that day trips don’t cater to. All things considered, you can quickly see how things add up. Maximizing your budget as much as possible is essential so you don’t miss out on memorable activities and experiences. So, let’s figure out an Iceland budget together.

Table of Contents

How Much a Trip to Iceland Costs

When you visit Iceland, all your decisions impact your final Iceland trip budget – be it rental cars or private rooms. In this guide, we’ll provide you with all the average trip cost factors so you can build an idea of what budget you’ll need as an individual visiting Iceland. We’ll cover everything, from accommodation prices to food costs and the costs of some of the most sought-after tours.

Airfare Cost

Airfare won’t be a massive part of your Iceland travel budget. Depending on where you travel, the average price of flights is only a few hundred dollars. The average flight from the east coast of the US to Iceland is just $450 return, which gets even cheaper when you are flying to and from Europe. Compared to flying to other destinations, especially Australasia, Iceland is not expensive to reach airfare-wise.

Even then, you can save money when visiting Iceland by taking advantage of off-season flights and using air miles. Look into airline reward programs like British Airways, Qantas, and Delta SkyMiles. Airline loyalty programs get a bad rep for not actually being worthwhile. Still, choosing wisely and actively saving points can be a great tool to get cheap flights. Always compare flight prices by using websites and tools like Skyscanner – always using a private browser, of course, since those pesky cookies hike up prices on flights you view.

How flexible are you with your Iceland vacation as well? It is worth noting that if you fly from Europe to North America with Icelandair, they offer a complimentary layover in Reykjavik , which you can extend to anywhere between 1 to 7 days if you’d like a mini trip to Iceland. This is a brilliant way of squeezing in an Iceland vacation at a cheaper price than direct flights usually cost. If you are already making this journey, knowing about this little tip is handy. Why not take advantage of a stopover you’ll already be making and take advantage of Icelandair’s typically cheaper flights? Just picture it; you could combine London, New York, and Iceland in one trip.

As you can see, your Iceland vacation cost will not be massively impacted by flight prices. However, if you want to take extra steps to reduce the cost of your trip to Iceland, there are a few tricks you can have up your sleeve. You should budget $500 maximum for return flights to Iceland from North America or Europe with a mid-range airline.

But if you fly off-season and from specific destinations like London, you can snag flights for as little as $100 return. The more flexible you are, the lower your airfare budget needs to be. And, of course, the more ready you are to fly outside of peak season, the better deals you’ll find. Our advice is to get hunting on Skyscanner or a flight comparison tool equivalent.

• Budget: $500 for return flights or under $200 if you are flexible and departing from Europe.

Accommodation Prices

Accommodation prices in Iceland are steep. It’s surprisingly steep, actually. Accommodation costs are one of the largest chunks of the average trip budget when visiting Iceland. Even the most basic of hotel rooms are extremely expensive, even more so when looking at mid-range hotels and – God forbid – luxury hotels. It is also worth noting that the cheapest hostels and best value-for-money properties get snapped up quickly. In remote areas of Iceland, you quickly become short on options. Compare prices when booking accommodation in Iceland, but also make sure you don’t stall too much and book far enough in advance to avoid missing out on the best prices.

If you act quickly and book in advance, the  average price  for a budget hotel is $150 per night. For a three-day trip, you can expect to pay around $499; for a week, you are looking at $1,047. If you don’t book in advance, these prices rise as you are left to front bills to stay in more luxurious hotels and vacation rentals than you usually would choose. It also pays to consider location, as certain areas will have more expensive hotel rooms, like on the Ring Road and Golden Circle.

Typical prices average $150 per night, but remember that this is across all over Iceland as a general average. Be prepared to spend more in certain areas. When planning a trip to Iceland, cost is a huge factor when choosing accommodation, and you need to be fast-thinking to get the best deals.

These are a few examples of average accommodation costs in different Iceland hotels:

Hofn Cottages

Hofn Cottages  are as budget-friendly as accommodation gets in Iceland. These basic cabins cost just $70 per night; you get your own patio and cooking facilities. These sell out quickly. But their remote location means slightly cheaper prices.

Reykjavik Konsulate Hotel

This  mid-range hotel  in Reykjavik costs approximately $250 per night, but you can see why. It has a trendy design and an onsite wellness center and gym. It is a glossy version of a mid-range stay in the capital, and it has a great location to enjoy central Reykjavik.

Hotel Ranga

This  luxury hotel  costs upwards of $500 for an average room. It is a brilliant example of top-tier luxury in Iceland. If you sleep through the magical phenomenon, you get a star gazing observatory onsite and even northern light wake-up calls. Oh, and you get volcano views out of your window.

• Budget: $150 per night for the average rate for a cheap hotel.

Transportation

Regarding transport in Iceland, you need to realize one major thing – transport barely exists outside the realm of rental cars. Tourists fly into Iceland’s Keflavik International Airport, located just outside of Reykjavik’s capital; from there, you can organize a shuttle service into the city center. Reykjavik itself is really walkable and a tiny city, much more like a town than an actual city, let alone a ‘typical’ capital city.

Iceland has a minimal bus service. It isn’t safe to rely on public transport in very remote areas. We wouldn’t recommend it if you are venturing out of Reykjavik or the main settlement areas.

If you stay in Reykjavik and don’t rent a car, you can organize tour experiences to take you to the main tourist attractions. For instance, you can get tours to the Blue Lagoon , Golden Circle , and Ring Road on the  South Coast.  

You can also get tours to experiences like horseback riding on black sand beaches , hiking on glaciers , seeing exploding volcanoes, and snorkeling between the tectonic plates at Silfra . The caveat is that you will pay hundreds of dollars for each of these experiences, almost like paying for mini holidays on your actual holiday. If you don’t want to rent a car, you can still enjoy Iceland, but be prepared to splurge a little on booking private tour day trips. It will rocket the total cost of the average Iceland budget.

The best way to get out of Reykjavik and  see  Iceland is to book a rental car . If you are wondering ‘how much does it cost to rent a car,’ it depends on which car rental companies you look at, what season you visit, and whether you want a camper van or not. The cheapest option is a car, for which you can buy a tent and camp or book cheap hotels.

Or you can spend more upfront on a camper van and have the whole road trip experience, saving money on accommodation. With rental options, you could embark on the classic week road trip along the South Coast and complete the classic  Ring Road road trip.  It is the most liberating form of transportation around Iceland. And you’ll save loads of money by avoiding the aforementioned expensive organized day trips while opening up to more free attractions and off-the-beaten-track experiences.

•  Budget: $350 plus $100 petrol for a week of hiring a rental car, or approximately $870 on transfers for day trips and airport journeys.

Food is another significant expense when it comes to visiting Iceland. When calculating a trip to Iceland cost, you must set aside at least $500 per week as a food budget. For $500, you can afford a few meals at local restaurants, a food shop at one of the cheaper grocery stores, and a few drinks on a night out. Food prices are high in Iceland, especially for imported and taxed goods. However, you can soon chip the price tags down if you are flexible with trying local brands.

Need an idea of what food prices are in Icelandic grocery stores? They aren’t extortionate, but you can see that some products have much higher prices than others. You should also have an ISK to USD calculator ready, as the conversion is a little whacky. Average food prices include:

• $1.60 for milk
• $3.20 for white rice
• $3.50 for a loaf of bread
• $2.20 for a bottle of water
• $14.90 for a block of cheese
• $19.60 for 1kg of chicken fillets

It is also worth mentioning that Iceland is famous for its hot dogs. A standard tip for saving money is to snack on a hot dog for lunch instead of sitting in at local restaurants. The sausages are served on little takeaway carts and are one of the most traditional, budget-friendly  Icelandic dishes .

They date back to the Viking era and are called ‘bjuga’ sausages. Bought at little street stands, these hot dogs cost as little as $2.50 – a real bargain. This fun little tip might be more aimed at novelty than genuine money saving, but the spirit and overall meaning are spot on. Avoid sitting down regularly to eat to save money, and remember that local specialties are your best friend.

Remember that if you want to enjoy grocery store food in Iceland, you must have cooking facilities. And this is where the accommodation crossover comes in. You should book accommodation with private kitchen facilities in an apartment or a shared kitchen in a hostel or homestay environment.

By choosing this accommodation setup, you can easily still have a food budget of $500. If you stay in a hotel and don’t have access to a kitchen, expect prices of around double the same period. The average meal price is nearly $120 for two people at a mid-range restaurant, which quickly adds up.

Food is $500 per week if you eat out a couple of times and have a kitchen in your accommodation. Alternatively, your food budget will be closer to $ 1,000 per week if you expect to eat out daily.

• Budget: $500 per week for eating out a couple of times and then cooking in with grocery-bought food, or $1000 for eating out all week.

Tours and Activities

Entertainment prices are where the majority of your budget will come in – especially if you don’t hire a car and instead rely on guided day trips. These guided excursions can reach prices of over $300, and if you plan on doing 4-5 activities, you can see how this starts to add up. You can take guided trips to the Golden Circle, whichever volcano is exploding and attracting enamored tourists, and do things like snorkel between the tectonic plates or spot the northern lights. All these things come at a cost, but at the same time, you don’t want to miss out on any dream excursions. This little conundrum is what makes visiting Iceland so expensive. And also, so impressive – you wouldn’t want to stay somewhere with nothing to see, would you?

Recommended Tours in Iceland

Below are some of the top tours in Iceland. Don’t forget to plan ahead when  visiting Iceland!

• Reykjavik: Golden Circle Full-Day Tour with Kerid Crater ( Most Popular In Iceland )
• Silfra: Fissure Snorkeling Tour with Underwater Photos (Our Favourite)
• Húsavík: Big Whales and Puffin Island Speedboat Tour (Likely to Sell Out)
• From Reykjavik: Golden Circle, Kerid, & Secret Lagoon Tour (Best Deal)

One way to make this cheaper is to rent a car. Specific day trips, especially ones to see natural beauty spots or spot the northern lights, are easily replicated for free apart from petrol costs if you rent a car. By paying a single upfront fee for a car rental, you can pick fascinating tours and complete them independently – like the Golden Circle, Ring Road, and things like the best Icelandic waterfalls.

Sure, things like a boat tour to see whales or glacier hiking experiences require a guide. Still, lots of Iceland can be visited independently with a rental car. Even northern lights hunting can be done by yourself and without a guide. To be honest, most Northern Lights tours are just guessing and driving to remote spots anyway. Download one of the many maps and get up-to-date information on predictions so that you can go out it alone, much cheaper.

Alcohol prices can get really expensive in Iceland, so we suggest stopping by a duty-free shop or cutting alcohol to cut costs. Nightlife can get understandably expensive in Iceland, so while partying can be fun and a short night out can be budget-friendly in Reykjavik (when in Rome, right?), stick to just the odd night out if possible.

It is worth adding that clothing is an additional cost when enjoying day trips and activities in Iceland. You will likely need to invest in a winter wardrobe with some merino additions; thermal clothes are necessary during most months in Iceland. You can’t compromise on this, and we’d recommend making the most of clothing sales in the run-up to your trip to Iceland. With proper clothing, you will be warm. And if you aren’t warm, how will you enjoy your experience? Make the most of your money by investing smartly in suitable clothing for your activities beforehand.

So, how much should you budget for tours and activities in Iceland? And what should you budget for the additional cost of purchasing suitable clothing for each tour beforehand? These are our budgeting stats for a week in Iceland without a car rental:

• $1,200 for four-day trips with an organized tour operator, including transportation.
• $200 for suitable clothing, including two Merino top and bottom base layers and shoes.
• $200 for a couple of nights out in Reykjavik.

Total: $1,600

As you can see, having a car rental makes a considerable difference when budgeting for tours and activities in Iceland. These are our stats for a week in Iceland with a car rental:

• $400 for four-day trips, including two organized tours without transportation and two free experiences.

Total: $900

• Budget: Without a car, expect to pay around $1,600 over a week-long period, while with a car, this totals up to about $900.

Overall Trip Cost

So, if you’ve been frantically trying to add things up, don’t worry; we’ve got you. This is how much traveling to Iceland costs, not including your travel insurance. We’ll acknowledge the main influencing factors in each budgeting area – whether you rent a car, visit in off or shoulder seasons, and book accommodation with cooking facilities. This is precisely how much you should budget to visit this beautiful country.

Airfare costs approximately $500 for a return trip to Iceland when you fly from Europe or North America. However, if you are flying from Europe, are flexible with visiting in off or shoulder seasons, and fly with mid-range airlines, budget less than $200 for return flights.

Accommodations

For accommodation, you should budget $150 per night for an average but cheap-ish hotel somewhere reasonably well-located. If you are willing to compromise on location, you can pick up cheaper accommodation for around $70 per night. Or, if you want luxury accommodation, be prepared to pay up to $500 per night. With all accommodation types, book early to secure the best rates.

Figuring out a transport budget is a tough one. If you get a rental car , you should budget $350 for renting the vehicle upfront for a week and approximately $100 on fuel. If you don’t rent a car, you can easily explore Reykjavik on the bus for as little as a few dollars each time. However, you will spend a lot more on transfers, and we estimate an $800 difference in your day trips and excursion costs as opposed to self-drive attractions. You should also add airport transfers at over $70 for return tickets on the shuttle bus. For a week in Iceland, budget $450 for transportation if you hire a car and $870 for transportation if you rely on shuttles.

The message is simple regarding food: find accommodation with a kitchen to take advantage of grocery store prices. Budget $500 if you want to eat out a couple of times and then cook the rest of the time. Budget $1000 if you plan on eating out every day for most if not all, meals.

Tours and activities are your main cost when visiting Iceland, especially if you don’t rent a car. Without a car, expect to pay around $1,600 over a week, while with a car, this totals up to about $900.

10 Top Money Saving Tips

Are you ready to cut some money off that average Iceland trip cost we’ve just given you? If you are up for the challenge, there are ways to save money when visiting Iceland. After all, an average price is exactly that – an average price of what most people spend when they visit. You can do better than that if you utilize our top 10 tips on reducing your Iceland trip cost and saving your valuable money.

Anything from car rentals to hostels, and even some lesser-known things like campsites and bus passes, can make a massive difference to what your holiday to Iceland costs. So, buckle up and prepare to jot these top money-saving tips down. Using these could knock hundreds, and perhaps even thousands, off your Iceland budget.

1. Visit Off-Season

It goes without saying, but visiting Iceland in the off-season is the best way to save money. Iceland gets super busy over winter when tourists flock to enjoy snow sports and try to spot the northern lights. If you want to do these things, why not visit in February or late January? Avoiding the December crush by picking these shoulder seasons is the perfect way to snag reduced tours and day trips, plus find cheaper hotel rates thanks to lower booking competition.

Of course, if you are flexible with your Iceland activities, visiting in the off-season is even better. June until October is perfect for lower car rental rates, cheaper hotels, and tour deals. Remember that this period has certain tour and attraction closures, and you likely will miss the northern lights. This season is also famous for the midnight sun, where Iceland stays light for 24 hours a day.

2. Buy From Grocery Stores

Grocery stores are so much cheaper than local restaurants. You don’t want to stick to a budget while eating out for every meal because it just won’t happen. The average cost for a two-person meal at a mid-range restaurant in Reykjavik is  nearly $120.  An average McDonald’s meal is over $16. Grocery prices are much more reasonable, like $1.60 for a liter of milk or $3.44 for apples.

Buying food from grocery stores might sound obvious, but this only works effectively if you’ve found accommodation with a kitchen, so this is a catch-22. We’d suggest finding a communal kitchen or apartment hotel to make the most of this money-saving technique. Trust us, it will be worth it.

3. Rent a Car

This might sound more expensive at first, but renting a car is one of the best ways to explore Iceland on a budget – especially if you want to sightsee a lot. This is because tours are one of the most expensive in an average Iceland trip cost. Companies charge extortionate amounts (we are talking hundreds of dollars) for simple things like transfers. If you rent a car, yes, it will be an initial upfront investment, but you’ll save hundreds if you purchase more than 2-3 day trips. Being able to drive yourself is one of the best ways to cut travel costs in Iceland. Check rates here!

4. Take Advantage of Free Attractions

If you rent a car, it also stands you in good stead for saving money – enjoying Iceland’s free attractions. Iceland has a ton of free attractions, be it waterfalls or the beautiful geothermal area at Geysir. If you are road-tripping Iceland, you can stop at these places for free and quickly build a low-cost itinerary. Everyone knows Iceland is expensive, but with some research, you can soon find budget-friendly and often entirely free things to do.

5. Try Camping

Camping is one of the best ways to save money while visiting Iceland. You can camp in one of two ways – with a campervan or by renting or bringing a tent. It goes without saying that this is a better idea in summer (read: do not attempt in cold weather). Still, if you visit Iceland at a warm time of year, it is a brilliant way to reduce accommodation prices. You’ll find campsites all over Iceland, so this is also one of the most straightforward money-saving tips to put into practice.

6. Try out a Bus Pass

We’ll preface this by saying that bus connections are limited. You will only be able to use the bus network to access specific places at specific times, so you’ll need to be happy to use a pretty rigid travel style if you are going to take advantage of this travel hack. However, if you are happy to color between the lines to save yourself some cash, bus passes are well worth looking into. You pay a single flat rate fee and get unlimited use of the bus network for a designated period. This saves you money on otherwise expensive day trips or car rentals. And if you don’t have a driving license, it is the cheapest alternative.

7. Buy Alcohol From Duty-Free Shops

Another huge tip is to buy alcohol from duty-free shops. If you can pick up alcohol from the airport when you land, it will save you a ton of money on your trip to Iceland since alcohol is heavily taxed. The duty-free shop is your best friend if you want a fancy tipple. With that said, though, a better approach would be not drinking while visiting Iceland. Iceland actually banned alcohol in 1915, and the ban was only fully lifted in 1989 – which is now hailed as beer day. The country has a longstanding political objection to the consumption of alcohol. If you want to save substantial money when visiting, you should do your best to conjure up a financial objection.

8. Find Hot Springs that Aren’t the Blue Lagoon

The Blue Lagoon is dreamy; we’ll be the first to admit it. However, to save money on visiting Iceland, you should consider alternatives. You can read all about the Blue Lagoon  here , created using a factory’s thermal byproducts. But it is also worth looking at free hot springs you can visit in Iceland. Definitely look at alternatives to mainstream tourist attractions.

9. Skip Bottled Water

Skip the bottled water; seriously, Iceland has some of the purest tap water in the world. Bottled water is a massively unnecessary expense, so bring a refillable water bottle and cut the dollars you spend on your trip to Iceland. Of course, reducing plastics also helps the environment – a huge win-win situation. If you fancy going one step further, especially if you plan on camping, it is worth investing in a filter bottle, too, because then you can fill up from natural water sources like rivers and lagoons.

10. Book in Advance

Sure, there’s a time and place for carefree, last-minute travel. But if you want your trip to Iceland to be budget-friendly, try something other than this travel style while trying to reduce your Iceland trip cost. The more you book in advance, the more options you’ll have regarding accommodation and tours. Since these things sell out fast, with the cheapest options going first, you can shoot yourself in the foot by waiting. Check out refund policies and rebooking flexibility if you are worried about committing too far in advance – just don’t wait until the last moment and bank on finding budget alternatives.

To Conclude

Your Iceland trip cost might depend on what you decide to do on your trip to Iceland. Still, this guide gives you a pretty clear idea of an average Iceland trip cost. By considering all of these factors – accommodation, food, transport, airfare, and tours – you’ll have a ready-made budget for visiting Iceland. And if you use some of our budgeting tips, you might even save some money. Who doesn’t want to knock a chunk off one of the world’s most expensive destinations?

Are you looking for more Iceland inspiration? Check out these  fun facts  ahead of your holiday to Iceland. We also have a guide dedicated to the  best things to do in Reykjavik  – Iceland’s walkable and vibrant little capital city. Don’t forget to explore Reykjavik, even if you head off on a week-long road trip around the rest of Iceland.

Plan Your Next Trip To Iceland With These Resources

• South Coast of Iceland: 31 Best Things to Do and See
• 22 Best Things to Do in Iceland
• Best of Iceland’s Ring Road – GLACIERS, VOLCANOES AND WATERFALLS
• The Blue Lagoon Iceland – Your Ultimate Guide
• 30 of the Best Places To Visit In Iceland

Travel Planning Resources

Looking to book your next trip? Why not use these resources that are tried and tested by yours truly.

Book Your Flights: Start planning your trip by finding the best flight deals on Skyscanner. We have used them for years and have found that they have the best flight deals.

Book your Hotel: Find the best prices on hotels with these two providers. If you are located in Europe use Booking.com and if you are anywhere else use TripAdvisor.

Find Apartment Rentals: You will find the cheapest prices on apartment rentals with VRBO . 

Travel Insurance: Don't leave home without it. Here is what we recommend:

• Safety Wing - Occasional Travelers.
• Medjet - Global air medical transport and travel security.

Book Your Activities: Looking for walking tours, skip-the-line tickets, private guides, and more? Then we recommend Get Your Guide.

Need more help planning your trip? Make sure to check out our Resources Page where we highlight all the great companies that we trust when we are traveling.

You May Also Like

Ultimate Iceland Ring Road Itinerary: Explore the Best of Iceland in 10 Days

20 Best Things to do in Reykjavik in 2024

South Coast of Iceland: 31 Best Things to Do and See in 2024

About The Planet D

Dave Bouskill and Debra Corbeil are the owners and founders of The Planet D. After traveling to 115 countries, on all 7 continents over the past 13 years they have become one of the foremost experts in travel. Being recognized as top travel bloggers and influencers by the likes of Forbes Magazine , the Society of American Travel Writers and USA Today has allowed them to become leaders in their field.

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3 thoughts on “How Much Does An Iceland Trip Cost in 2024: Detailed Budget Breakdown”

massive post, Useful And Helpful Thankyou.

what i observed after my trip is getting around Iceland can be pricey, but it depends on your chosen mode of transportation.

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ICELAND TOURS FROM SINGAPORE

Enjoy a stress-free time in Iceland with a tour that includes well-reviewed hotels, activities, transportation and more — all arranged by local travel experts. From winter breaks focused on the northern lights, to seamless summertime road trips, travelling from Singapore to Iceland is a breeze with Nordic Visitor.

VISITING ICELAND FROM SINGAPORE

When you’re travelling to Iceland all the way from Singapore, isn’t it nice to have all the local travel arrangements prepared for you? Especially by someone who actually lives in the destination? At Nordic Visitor, a travel agency founded and based in Reykjavik, we strive to offer only the best travel experiences in Iceland for our clients from around the world.

Whether you’re coming to see the northern lights in winter or to experience the long daylight of the midnight sun in summer, Nordic Visitor offers holidays for all seasons. Our selection includes flexible self-drive journeys, honeymoon trips, Reykjavik city breaks and small groups or privately guided tours.

All our itineraries are designed to be well-structured to make the most of our trip and can easily be personalised. What’s more, you’ll have your own dedicated travel consultant to advise you about possible add-ons to your tour and handle all the details for you. We’ll even give you tips on what to pack for Icelandic weather!

The advantage of booking with a travel agent, especially one based in Iceland, is that you’ll always have help in case anything threatens your travel plans. All clients have access to our 24/7 helpline while in Iceland, and if bad weather causes delays or closures, our friendly staff will modify your itinerary for you.

As local travel experts in Iceland, Nordic Visitor also goes the extra mile to ensure that travellers are safe on the road. With all self-drive tours, we provide a brochure on driving in Iceland, a road map marked with the route and accommodations, unlimited in-car Wi-Fi and much more. We also provide 4x4 car rental options for safer driving in winter.

If you’re unsure what you want to do in Iceland or when to come, don’t worry. Our Iceland experts are based in Reykjavík and know the country inside out. They’ll help you see Iceland your way, tailoring your itinerary by adding all the best excursions and experiences to suit you. You could even add Greenland to your itinerary for an extra wow factor.

With Nordic Visitor, your tour in Iceland from Singapore will be a high-quality, stress-free, unforgettable experience.

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Why book with nordic visitor.

• Hassle-free & seamless travel experience
• Flexible & customisable tour options
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Join a Guided Small Group tour

Explore Iceland with like-minded travellers and an experienced local guide on a small group tour.

Natural Wonders of Iceland

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Highlights of the Ring Road

Iceland's wonders in a week.

Scenic South Iceland

Geysers, volcanoes & glacier lagoon, complete iceland, the ring road & the westfjords.

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Best of South & West Iceland

Golden circle, glacier lagoon & snæfellsnes, wonders of the westfjords, natural wonders of iceland - winter, northern lights circle tour, iceland's famous ring road, winter highlights & northern lights, ice cave & glacier lagoon.

Best of South & West Iceland - Winter

Golden circle & snæfellsnes, experience the best of iceland.

Check out these holiday packages that are popular with other travellers from Singapore.

Highlights of the Ring Road - Private

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Best of south iceland & blue lagoon retreat.

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Local travel agency

As a travel agency with offices in Reykjavík, Edinburgh, Stockholm and Lucerne, Nordic Visitor knows how to make the most of your time in Europe. Choose from a variety of carefully curated tours that include must-see attractions as well as lesser-known highlights.

You can also make customisations to your itinerary by adding extra nights, optional activities, or upgrades to your tour. Or ask your personal travel consultant for advice and they will tailor your itinerary. This way you get a travel experience that is perfectly suited to you. 

Your dedicated travel consultant will arrange all the local details for you. You get accommodation, activities, transport, and other services included in your package. If you need to rework your itinerary, we’ll handle it for you so you can relax and look forward to your getaway.

Different ways you can experience Iceland

We have tours for all varieties of travel styles and interests. See our options for exploring Iceland below.

Guided Small Groups

Multi-day tours, privately guided, midnight sun, northern lights packages, best seller, what do our customers say.

The reviews speak for themselves. See what Nordic Visitor travellers said about their experience with us.

We had an amazing time

We cannot recommend our tour enough. We had an amazing time and have already told friends and family about it. Iceland is an amazing place and I am sure we will be back and will use Nordic Visitor again!

Experience of a lifetime

I primarily wanted to use Nordic Visitor as a resource for creating our 14-day trip itinerary, to help weed through what seemed to be an endless array of choices, and to help us to get the very most out of our time in Iceland. Yes, we could have pieced it together ourselves but I needed an advocate in Iceland, an advisor, and maybe a resource for us if issues were to arise. That piece of mind was important to my wife and me and I'm glad we chose them to frame our trip. It made it much easier to piece in the parts that were important to us to see and experience. That allowed us to just enjoy the trip and not get bogged down in the details of planning each and every moment.

There are so many things I could say about our experience, an experience of a lifetime and after posting snippets of our trip on social media I have found that several friends of mine want to know how we planned this trip. I told them the same thing I am saying here, save a little money if you want and plan it yourself or trust a reliable source like Nordic Visitor and let them give you the trip framework and essential advice. I would do it the same way if I were doing it over.

Went off without a hitch!

Everything was well-organised and went off without a hitch. The private guide was amazing. He could not have been better. I highly recommend him to anyone considering a private guide as an option. He's extremely knowledgeable about the history of the area. He knew all of the best places to go and was entertaining and delightful as well. Accommodation was all spectacular.

Warm and engaging guide

Great tour. The sights are of course amazing and the tour made the most of our time, weather and our interests/priorities. Driver and guide David managed all of these very well. He was also very knowledgeable and personally warm and engaging. Could not have asked for more.

Perfect for solo traveller

A beautiful itinerary, exceptional guide and perfect weather made this a trip I will never forget. Nordic Visitor made the process easy, and Iceland opened her arms. My 10-day small group tour was perfect for a solo traveller who wanted to see it all. 

Working with Nordic Visitor was wonderful. Our travel consultant, Heddy, was quick to respond when we had a question or concern. She helped us plan a fabulous itinerary. Everything we booked through Nordic Visitor was fantastic. I have already recommended Nordic Visitor to friends, and I will continue to do so.

Trip of a lifetime

Overall this was an amazing experience! A trip of a lifetime that I could never have planned myself. Any questions I had during planning were answered faster than expected and I felt safe and well looked after during the trip. Trip was smooth and hassle free.

5-star experience

Not only did we absolutely love every stop on the Scenic South Iceland tour, but prior to the tour we stayed for 4 days in Reykjavík. I appreciated Nordic Visitor's recommendations for things to do and places to eat there and felt highly supported by Marko, our travel consultant, in every regard to booking our flight and own hotel, day trips I was interested in, and taking public transport around. A definite 5-star experience!

I will certainly travel with Nordic Visitor again!

I cannot thank Nordic Visitor enough for providing me with a wonderful and memorable once-in-a-lifetime experience. Everything was seamless, from the pickup at the airport, to the excellent hotels, delicious food served and our friendly, knowledgeable guide, Jakob. Nothing was too much trouble - we all thoroughly enjoyed our experience in Iceland, and all came away with wonderful memories of many of the amazing sights of such a scenic country. We were even lucky enough to see the northern lights. I will certainly travel with Nordic Visitor again and would recommend them to anyone thinking about visiting the countries where they offer tours. Thank you Nordic Visitor!

Many thanks to Nordic Visitor

Absolutely amazing. No issues whatsoever. We saw it all from North to South and much of in between. From reindeer to whales and more beautiful waterfalls and volcanic bits than you could hope to see in a week. Every hour the scenery seemed to change dramatically. Just a great experience. Many thanks to Nordic Visitor.

Best vacation we have had

Everyone at Nordic Visitor were very responsive to all questions we had during our 30-year anniversary trip to Iceland. We had airline travel issues and the representative adjusted our itinerary so we were able to see the whole island. The accommodation were beautiful and everyone was so friendly. This was the best vacation we have had, we left Iceland relaxed!

An amazing and unique experience

Our tour was great! Went for our honeymoon and it was everything we wanted. First night we got to see the northern lights which were fantastic! Second day, most certainly our longest, visited several sites (Geysire & Þingvellir) and went snowmobiling on a glacier. Such an amazing and unique experience. The walking tour around Reykjavik was surprisingly educational and our guide pointed out things that we ordinarily would have missed. The NYE dinner was delicious and going out to see the firework displays by (what seemed to be like) everyone was something. Practically had to dodge fireworks! Our 4th day was spent at the Blue Lagoon; perfect after a night of partying! Our last day was nice and relaxing, did some final shopping before we headed off to the airport. Hope to go back & visit Iceland again!

Travel Guide

Be prepared for just about anything on your Icelandic adventure.

Seljalandsfoss

One of Iceland’s most visited waterfalls, after Gullfoss, Seljalandsfoss is situated along the...

Jökulsárlón Glacier Lagoon

Film buffs will recognise Jökulsárlón from such blockbusters as Tomb Raider, Batman Begins, and...

Blue Lagoon

The Blue Lagoon is probably Iceland’s most famous attraction and has become considered a...

What to pack

Layers, layers, layers! Come prepared for all type..

Driving in Iceland

Are you prepared for your road trip? Learn the rul..

Climate & weather conditions

How icy is Iceland? You might be surprised

Time & Daylight

When to expect sunrises, sunsets, northern lights ..

Flights to Iceland

Although there are no direct flights to Keflavik International Airport  (KEF) in Iceland from your destination, you can easily find connecting flights from several major cities in Europe and North America. Approximate flight times are 3 hours from London, 5.5 hours from New York and 7.5 hours from Seattle.

Below are airlines that offer flights to Iceland year-round:

Icelandair : from numerous cities in Europe and North America SAS : from Copenhagen and Oslo; SAS is also a codeshare partner with Icelandair Norwegian : from London and Oslo British Airways : from London EasyJet : from London, Manchester, Bristol, Edinburgh and Belfast Wizz Air : from London, Vienna, Prague, Budapest, Riga, Vilnius and multiple cities in Poland Finnair : from Helsinki

We recommend checking with the airlines for flight availability and timetables. Flights are not included in Nordic Visitor packages, but all of our itineraries can be customised with extra nights in Reykjavik if you’d like to rest up after a long air journey.

Our services

Whether you choose a guided tour or a self-drive vacation, all customers receive personalised service with a designated travel consultant , tailor-made quality travel documents, and our self-drive clients receive a hand-marked map that outlines their route, overnight stays and highlights along the way. Furthermore, Nordic Visitor has long-standing professional relationships with local tour operators , which are carefully selected by our staff and are recognized for consistent, quality service.

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Top 10 experiences to have in iceland, what to wear in iceland : your guide, driving iceland's ring road: all you need to know, in brief: spending a day in reykjavík.

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Faqs - booking iceland flights, how does kayak find such low prices on flights from singapore to iceland.

KAYAK is a travel search engine. That means we look across the web to find the best prices we can find for our users. With over 2 billion flight queries processed yearly, we are able to display a variety of prices and options on flights from Singapore to Iceland.

How does KAYAK's flight Price Forecast tool help me choose the right time to buy my flight ticket from Singapore to Iceland?

KAYAK’s flight Price Forecast tool uses historical data to determine whether the price for a flight to Iceland from Singapore is likely to change within 7 days, so travelers know whether to wait or book now.

What is the Hacker Fare option on flights from Singapore to Iceland?

Hacker Fares allow you to combine one-way tickets in order to save you money over a traditional return ticket. You could then fly to Iceland with an airline and back to Singapore with another airline.

What is KAYAK's "flexible dates" feature and why should I care when looking for a flight from Singapore to Iceland?

Sometimes travel dates aren't set in stone. If your preferred travel dates have some wiggle room, flexible dates will show you all the options when flying to Iceland from Singapore up to 3 days before/after your preferred dates. You can then pick the flights that suit you best.

Top 5 airlines serving from Singapore to Iceland

They ran out of food for breakfast They did not offer tea or coffee The staff appeared very inexperienced The cabin was very cold, even with a blanket

Too many luggages for 1 passenger (4 bags) will make all the overhead luggage bins a challenge to fit them all. Some have oversized hand carry as in like back packer size bags shouldn’t be allowed as handcarry.

My experience with Scoot is very good. Will have no issue flying with Scoot again.

My overall experience with Singapore Airlines is great. Will definitely fly Singapore airline again.

Good flight. Fiod was ready a bit late hence a hurry to finish before landing. Excellent crew and service

Great to have actual hot tastey meal on a flight. Well done

Cabin Crew always friendly and helpful. Seating cramped - foul smelling from toilets, high risk of disease. Guard personal property such as expensive sunglasses Coffee always awful and cold Meal trays toddler sized Not worth the extra cost to fly SQ - use a budget airline, same if not better experience

When boarding, after business class should be premium economy, but economy class already lined-up at the gate blocking premium economy to board. Singapore airline crew should done a better job to organize this chaos :( Thank you.

It seems paying premium economy does not make difference with economy. No priority boarding, not worthy paying extra$$$ for premium economy.

A pc of cake or biscuit at least. The airport was like a maze need to take another bus to the main terminal to immigration.

Wonderful experience! The crew was outstanding and amazing from check in to gate to flight crew! Amazing. Thank you!

Didn’t get my luggage from layover in Zurich until 3 days later even though my luggage was marked priority and short layover, but my husband got his when we landed

So terrible. They would not rebook me for a flight until 2 days. I had to spend so much money to get my own flight. They were rude and not helpful.

Super friendly crew. Leg space and entertainment system are below average

The plane was so hot upon boarding. Their boarding process was so unnecessarily long. Service was subpar.

Everything from the price to online checkin and the flight being on time to the crew and food was very good. The comfort level is fine--the seats are very close to each other in Economy. But I guess you get what you pay for.

I guess just the food, but besides, amazing experience flying with swiss

There were multiple delays and the food was poor. Better food.

Wheelchair was the excellent service. I didn’t have any food or used entertainment. Overall for my trip experience was excellent. Thank you very much and keep up good work. Best regards

Flight canceled Terrible Post flight management Kept in airport 1 hours with promises of transport but none came

Arriving at Heathrow was a complete disaster because air bridge broke down and it took ages to find spare stairs! Something that I'd kick Heathrow in the shins for, not Finnair - who were great.

Not great. Flight attendants were aloof, food was mediocre, seats that I paid $150 were given to someone else without any concession. I will probably never use kayak again. Terrible experience from start to finish.

The wine was low quality Finnair label stuff in small bottles and only one small bottle each. Embarassinng. A competing airline served me two generous glasses of a nice South African Shiraz from regular wine bottles, a Beck's beer, and a generous Dewar's White Label on the rocks. Cabin service was good and polite, plane interior was beautiful, but cramped.

All good- I love BA and the professionalism of the crew and pilots.

It was listed on my ticket as Finnair but there was no indication that the flight was Finnair. In fact the number was even different. There were no employees there until exactly 2 hours before so we had to wait in line at Iberia and hope

Sorting on line would have been appreciated Onward information on flights missed No ability to get seating arranged before we got to gate Very unfriendly at gate

The flight was Finnair but there was no indications anywhere that the checkin was for Finnair also. There was no one to ask. I think at a minimum they should list the code shares so people don’t stand in the wrong line for an hour.

I booked the flight with Finnair, which made the arrangements for downloading a boarding pass unnecessarily complicated. I wouldn't do that again. Instead I'd book direct with AA.

Flight ok, but me and other two passengers didn’t have connection with the entertainment in our seats. So, no movies, no games, no music… for 9 hours. The crew just told us that there’s nothing they can do but I noticed during the flight that there were empty seats, so they could have offered to us to change seats. Customer service could be better.

Had a nice flight to London on BA will fly with them again in the future

Better when flight announcements are better produced and slowed down a bissele

Crew is good. Food lacked any taste. Comfort of seating in economy was worst ever experienced.

Flight was very late, meaning a missed connection in Frankfurt, and staff completely unhelpful or just absent. Handicap accommodations, reserved in advance, somehow never made it through the system for the second trip in a row!

Horrible. The plane didn't land on time. Again left delayed 1 hr. Then landed in different city Poznan. No one there was from Luthansa. We were dropped off like animals. No food, no instructions. After 2 hrs we got a bus! 1 bus for all the people from the plane. 4 hrs back to warsaw. Arrived at 11pm at the airport in Warsaw. Again No one from Luthansa. I had to sit spend a night at the airport to get a bus to my final destination in Poland. Shame on Luthansa!!! Will never fly in my life! Paying $1400 for the ticket with 2 delayed flights, nothing offered for inconvenience!!! Bad bad

This airline is the cheapest airline I ever seen I had to pay for my seat and it wasn't even same isle with my husband They charge for everything very rude crew All they think is to sell Who care about customer service just sell you tea coffee water etc.

The business class seat is the same as economy with 2 people instead of 3. That's not how it should be.

Check-in very easy and smooth. Plane and crew were nice. Seat open next to me created more space. Food was fair but plentiful. Lots of movies and I was able to sleep some on the way to Munich. Very tight connection, about an hour. Fast through passport control and a bit of a walk to last G terminal gate but I made my connection to Palma. Unfortunately, my luggage did not make it. It is now almost 24 hours since I anded and still NO luggage. I know it landed last night on another flight. Local delivery should be today to my hotel in Palma but nothing yet. I asked about the tight connection when I checked in and was assured they would get my luggage to the connecting flight. Very disappointing it missed my flight but more disappointing that it has taken so long to arrive. Failure on the airlines and service to get my luggage to date.

The food wasn’t great and it would be nice if the airlines showed documentaries about the countries we are flying into.

Hated every minute of it. Delayed for over 10 hours only to have to cancel rental car, car insurance and hotel. Its taken me 3days to get to my final destination when it should have only taken 12-14 hours. Very unhappy with Lufthansa.

Checking in could not be done in the UK for this prt of the flight . Since we only had an hour and a bit at Singapore it was very stressful not knowing if we had appropriate seats. The flight itself was Ok and the 787 had a bit more legroom than the777 from Munich to Singapore. Food wasn't great.

Great experience overall, no issues with boarding, flight crew or services on board.

We have a lot to say when BA cancelled our flight the last minute and put us on Air France’s already overbooked flight; and took no responsibility to ensure we are safe and met our travels. It’s day 2 and we have not reached our final destination yet. BA took no responsibility, but were happy to keep the money! If it were not for third party ground staff at Dallas BA we would have not gotten to India. BA has a lot to answer!

They could do everything better!! From the rickety plane to the flight attendants, when American Airlines is operated by British Airways, their standards are lowered! It’s like Macy’s, operated by Walmart!!

One of the flight was cancelled. My experience was poor.

Check in was unnecessarily slow. Not enough agents and the 3 there were working in so- mo. Terrible.

Horrible connection in Heathrow on flight to destination. Flight missed due to delay on incoming flight. They did rebook us, and then that flight was delayed 2 hours. They don’t post gate info until 45 minutes to departure time which can cut it close if you have to take a tram to your terminal gate area. Then our return flight was completely cancelled. They notified us at 4:30AM. They rebooked us on a different airline and a different fare class. We were completely screwed. Travel day ended up being 30 hours. I will never fly them again.

Overall good, the gluten free food is very hit/miss though and you must tell them you have an allergy days in advance.

Updates from pilots about delays would make them less frustrating.

Terrible. The flight from Islamabad to London took 3 hours more then previously planned, I missed my connection to Chicago, and instead had to go New York, spend an extra day before arriving at my final destination. The return leg of the journey was similar. The connection time in Qatar was shrinked to less then an hour unannounced, I had to scramble to barely make it to my flight to Islamabad. Terrible experience, never using British airways again.

It took over an hour to check in my bag a there was just one person at the counter. Security lines for business class also took a while. Although I reported 3 hours before my flight I made it to the gate 20 mins before boarding. To add to that jewelry was removed from my checked in baggage. I am submitting a separate complaint to Mumbai airport for that.

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How Much Does an Iceland Trip Cost? (2024 Iceland Budget)

Iceland is known for being an expensive destination and after visiting Iceland three times and helping over 30 people plan their Iceland trips, I’ve gotten a good sense of the average Iceland trip cost. While it is pricey, your Iceland vacation cost can still be within reach if you build your Iceland budget carefully.

To be honest, I’ve seen everything, from people who found a cheap flight, stayed in hostels, and signed up for group bus tours to keep costs down, all the way to luxury travelers who book private drivers, luxury hotels, and go all out with adventure experiences. Did someone say private helicopter rides?

So how much does a trip to Iceland really cost? It depends on what type of experience you are looking for, what kind of traveler you are, and ultimately, how much you want to spend. And while I wouldn’t recommend taking big bus tours, if that is the only way you can see Iceland, it is still worth it to visit this incredible country.

There are few places in the world that have touched my soul and captured my heart like Iceland has. For its raw beauty, fire and ice extremes, vast emptiness (outside of main tourist stops), to the endearing quirkiness of the Icelandic culture, it is a place I will return to again and again.

The good news is that Iceland has greatly expanded its hotel inventory, which helps balance supply and demand. The exchange rate from U.S. Dollars to Icelandic Króna has also been trending in the favor of American tourists recently. And, Play Airlines has brought a budget airline option back to Iceland.

Average Iceland Trip Cost

I’ll cut to the chase and give you the bottom line on how expensive a trip to Iceland can be, but be sure to read on to see the breakdown and ways that you can save money in each category. The average trip to Iceland cost adds up to about $300-350 per person, per day including airfare. (Based on current exchange rates) This assumes budget airfare, budget accommodations, limited organized activities, self-driving, and being careful in your food choices.

If you are traveling solo, your best bet will likely be staying at a hostel or renting an Airbnb. Though it definitely helps to travel with others so that you can split the costs.

Since hostels and bus tours aren’t our things, I’ve based the average cost for a trip to Iceland for a family of four staying in nice (but not extravagant) hotels or guesthouses and renting a car for a self-driving vacation. I’ve also included a few activities since I think it would be a shame to get to a bucket list destination like Iceland and not get to take part in a few adventures. But keep in mind, that there is enough natural beauty and hiking available that you can easily bypass these to conserve your budget.

The average Iceland trip cost for a family spending a week in Iceland is around $8,545 including airfare. Yup, that is about $1,220 a day for the entire family. Of course, I have worked with families of five that have spent $25,000 on a 10-day trip, and couples who have spent $5,000 on a week-long trip. I’ve even planned an Iceland vacation for a solo traveler that cost them only $2000, all costs included, for a five-day trip. Making Iceland one very versatile vacation.

Iceland Budget Tips

Note: This post contains affiliate links. If you click a link and make a purchase, I may receive a small commission. 

If you want to save some money, my partner Hidden Iceland offers my readers 10% off scheduled group tours if you use promo code WE3TRAVEL. We have traveled with Hidden Iceland and highly recommend this company for its expertise, professionalism, and friendliness. See all their available tours . You can also book private tours or get help planning your whole itinerary — just be sure to mention We3Travel when you contact them.

You can visit Iceland on any budget, at least in theory, but here are some suggestions for keeping costs down:

• Try camping instead of staying at hotels or guesthouses. You can rent a campervan that fits two people for about $130 a night, up to about $300 per night for larger campervans. You can camp for free in Iceland but if you are in a camper van, you will probably want to stay at a campground with facilities so budget another $10-50 per night for a campsite reservation.
• If you don’t want to camp, you could also stay in hostels, which will run you around $40-100 per person per night in Reykjavik.
• Airbnb or vrbo is another option for vacation rental apartments and cabins, which is a great option for families compared to renting two hotel rooms because there are only a few hotels in Reykjavik for families that offer family-size rooms with beds enough for 4-5.
• Food is one of the especially high expenses in Iceland so to save money, purchase and prepare your own food or buy snacks at the gas station convenience stores. If you want a foodie experience, you are going to pay through the nose for it so get used to sandwiches, burgers, and those famous Icelandic hot dogs.
• Avoid paid attractions like the Blue Lagoon and costly excursions like off-roading tours and focus instead on scenic drives, stops at waterfalls, and nature hikes.
• Stay in the countryside and avoid the biggest tourist spots instead of Reykjavik as things are going to be more expensive in the capital city. I was surprised by how affordable the accommodations are in the Westfjords and Snaefellsnes Peninsula .

Before you worry about having to convert and carry a ton of cash around Iceland, don’t stress. Almost everywhere takes credit cards in Iceland. Be sure to read my Iceland tips for some caveats.

How Much Does an Iceland Trip Cost?

Let’s break down the average Iceland budget. As with other posts where I’ve broken down vacation costs for Italy , London , Greece , and Paris , this post outlines pricing for two adults and two children between the ages of 6-11, traveling from a major airport hub in the United States during the summer high season, such as NYC to Reykjavik , and spending a week in Iceland.

I find that in Iceland, some hotels list their prices in Euro, and most show rates in Icelandic Krona. To make it easier, I’ve converted to U.S. dollars to create an even playing field.

I can’t even count the number of emails that I’ve gotten from people traveling to Iceland that start with “I found a great airfare to Iceland next month (or some other close time frame)…” I then go on to pop their bubble about how expensive the rest of the trip will be.

Once WOW went out of business, prices went up a bit but I still have found rates on IcelandAir or Play Airlines from Boston for about $300-500 per person, roundtrip. However, you then need to build in the cost of checked luggage (unless you are an amazing packer Iceland will typically mean a checked bag) and seat selection. This can easily add another $100-200 per person.

I highly recommend signing up for a membership to Going to get alerts on flight deals and set up preferences for your dream destinations.

If you want to find the best way to accumulate points and miles through credit card spending and sign up bonuses, I’d suggest downloading the  Travel Freely app  to track your credit cards and learn how to earn points.

Total airfare cost ($500 per person, round trip x 4 people): $2,000

Accommodations

If you are traveling solo, it is easy enough to stay in a hostel to save money on accommodation in Iceland. But most families will prefer either a hotel or Airbnb/VRBO. A rental will certainly save you money as there are only a few hotels that offer family rooms .

Most Reykjavik hotel rooms either have a double bed (two twins pushed together) or two twin beds. Occasionally you can find a triple or a family room, but a family of four often needs to reserve two rooms. A nice hotel in downtown Reykjavik with a family room will cost between $400-600 per night. You can also get two rooms at a moderate hotel for about $150-250 per night each.

Renting a vrbo apartment will save you a significant amount, as long as you are comfortable as an independent traveler. You should be able to find an apartment in the city large enough to fit everyone for about $300 per night. And if you have been saving up your hotel loyalty points, Hilton Honors and Marriott Bonvoy members are now in for a treat with multiple properties now available in or near Reykjavik.

Full-service hotels in the countryside will start at around $150 per night for a standard room and $350 per night for a family room. There are also some guesthouses that start around $150 per night per room or lower, especially in less crowded areas.

In the countryside, there is a large selection of vacation cabins available on vrbo . Expect to pay about $200+ per night for a cabin that sleeps four. Just plan in advance if you want to stay in popular locations along the south coast or by the Glacier Lagoon, as these sell out early.

If you are looking to do Iceland on a budget, renting an Airbnb or VRBO is the way to go unless you want to camp or stay in hostels, as covered above.

Total accommodation cost: assuming an average of $300 per night (if you primarily use vacation rentals) x 7 nights = $2,100

Find more places to stay in Iceland:

When visiting Iceland, if you want to get away from crowded bus tours and see the country or drive the Ring Road, you will need to rent a car. If you don’t rent a car, you will need to take a shuttle bus (about $30 per person) from Keflavik airport into downtown Reykjavik and then arrange group tours with pick up and drop off from there. Just don’t take a taxi as those can run about $150 one way between the airport and Reykjavik.

Car rentals can be pricey and you may be tempted to save money by skipping the insurance. Before you do, check with your credit card or car insurance provider because you probably still need to buy the ash and rocks coverage. Insurance can greatly increase the cost of the rental car, but you may need it.

There are plenty of budget car rentals but before you book, double-check their hours and location (how far from the airport, shuttle hours), and see the cost of add-ons so that you can compare apples to apples. (See other tips for Iceland car rentals .)

If you are visiting in the winter, you will definitely want an SUV or four-wheel drive. Otherwise, if you are sticking to the Ring Road, a four-wheel drive isn’t necessary. However, access to some hikes and activities will be on gravel roads and you will be more comfortable (and less likely to sustain damage from rocks) in a car with a higher clearance. I’ve seen a sedan get stuck on a rock in the parking lot for a hike before and people literally had to lift the car to get it off. Luckily it wasn’t totally ruined.

Also, keep in mind that to drive on the interior “F roads”, you will need a car that is allowed on those roads. Since many of those roads aren’t passable for much of the year or are extremely hard to navigate (I’ve literally seen a road sign in the middle of a field of snow), I wouldn’t bother with F roads.

The other thing to pay attention to is that you will want to make sure that your car is large enough to fit luggage for your family. Unless you are a super light packer, you will probably need checked bags for Iceland to make sure you are prepared for any weather. (See my Iceland packing list for tips!) I would recommend either a station wagon or an SUV for a family of four.

I use Auto Europe to check for the cheapest car rental rates in Iceland. Don’t forget to budget for gasoline as well (and please, if you rent a diesel car, make sure you use diesel petrol!). Currently (December 2023), gas costs about $8.82 per gallon.

If you don’t want to drive, your best bet is to stay in Reykjavik and take tours that offer pick-ups from the city as day trips. If you want to hire a private driver-guide, you should expect to pay around 120-350 per person, so at least $500-1500 for the day.

Total car rental cost: A station wagon with insurance and unlimited miles will be approximately $650-1,200 for a week. Also, add about $300 for gas if you are driving a lot.

You have probably heard that food in Iceland is expensive. If you have traveled to Scandinavian countries in the past, then you are probably used to high food prices, but for many, it can be a shock. This is especially true in the nicer restaurants in Reykjavik .

In Iceland, even a hamburger can run you $15 and most fish entrees will be closer to $30+. So dinner for a family of four can easily cost $100.

I’ve talked to many people who have felt Iceland was the most expensive place that they have traveled to when it comes to food. My advice is to splurge on one meal but keep the rest casual to keep the costs down.

You will want to try some of the specialties like Arctic char, langoustines, lamb, and if you are brave even try some reindeer or puffin. But to balance out those specialties, you can have a hearty lunch of meat soup or lobster bisque with bread. In the countryside, you can find many restaurants that offer buffets of amazing fresh, homemade food that will fill you up for hours so try to have a light breakfast, one large meal, and one lighter meal.

There is also no need to buy bottled water in Iceland as clean tap water is readily available (although it could have a bit of a sulfur smell at times), just be sure to bring along a refillable water bottle. You can also save by stopping at one of the markets, like the BONUS grocery store, and picking up supplies, especially if you are staying in a rental home or apartment.

Be sure to check out my recommendations on where to eat in Reykjavik .

Total food cost for a family of four: $200 x 7 = $1,400 (keep in mind that this can vary widely depending on if you cook and how much you splurge)

Tours and Activities

How much you spend on tours is entirely a personal preference. You can plan a private helicopter tour for over $3,000, or you can take a free hike. And just about everything in between. There are also plenty of free things to do in Reykjavik too. I would recommend trying at least a few of these unique things to do in Iceland.

Whatever you do, don’t feel like you need to take a tour for everything. You don’t. For example, you can easily do the Golden Circle and Thingvellir National Park on your own full-day road trip. But you may want to splurge on something like a glacier hike or an ATV tour that you CAN’T do on your own.

You can also forgo the touristy and expensive Blue Lagoon (if you go you need to book in advance), in favor of other hot springs around the country, like Krauma, the Sky Lagoon, the Secret Lagoon, or Fontana Spas.

There are a few things that I always recommend to clients. First, this is the land of ice and fire. Do at least one activity that takes you out onto a glacier (the ice part) such as:

• A glacier hike (minimum age 10-14 depending on provider) – see my age-based guide on things to do in Iceland with kids
• Snowmobiling on a glacier
• Ice cave trip (winter only)

Another option is to take a boat tour of the Glacier Lagoon .

For the “fire” part, I would recommend either a lava tube cave tour , a stop at the Lava Center , and/or a visit to at least one hot spring or spa.

There are so many fun things to do in Iceland. If you are adventurous, I would recommend splurging on something like a super jeep tour or ATV/buggy adventures.

I would recommend staying away from large group bus tours (e.g. Reykjavik Excursions) and instead book a small group or private tour with my partner Hidden Iceland . You can save 10% on scheduled group tours with Hidden Iceland using promo code WE3TRAVEL or for private tours, just tell them I referred you when you contact them.

If you can splurge on a few activities, here is what they would cost (based on current exchange rates):

• Secret Lagoon (2 adults, kids are free) = $47
• Into the Glacier (2 adults, 2 kids) = $727
• Lava Cave tour (2 adults, 2 kids) = $122
• Super jeep tour (2 adults, 2 kids under 11) = $1052

Total Activities Cost for 2 adults and 2 kids under 12: $1545

Total Iceland Budget: $8,545

So yes, Iceland vacation costs are high. If you look closely at the breakdowns, you can find ways to save money. You can also easily spend more. This was meant to be a guide to how much a trip to Iceland costs based on my experience helping so many families. Larger families or groups will cost more. Couples or solo travelers will be much less.

Traveling off-season will save you money (see my tips for visiting Iceland in the winter. ) You can also reduce the number of days you stay. If you stick to just one region, you can actually pack a lot into just five days, but I wouldn’t recommend staying any less.

Plan Your Iceland Trip

This article was sponsored in part by Moon Travel Guides. All opinions are my own.

Planning a trip to Iceland can make your brain hurt as you try to decipher between all of the words ending in foss (hint: that’s a waterfall), jökull (glacier), or vik (bay) and struggle with the logistics involved in mapping out an Iceland road trip. I’d recommend ordering a copy of Moon Travel Guides’ Iceland with a Road Trip on the Ring Road .

This guidebook provides options for a variety of itinerary ideas and road trips (with helpful maps!) It offers honest advice on where to eat, where to stay, and when to go, including a helpful phrasebook! Even after three visits to Iceland, I’ll be digging into this guide with up-to-date information to plan my next trip too.

Where to Go in Iceland

If you need some help deciding where to go in Iceland, be sure to check out our guides and itineraries:

• Iceland five day itinerary on the South Coast
• Four days in the Westfjords
• Day trips from Reykjavik
• Day trip to the Snaefellsnes Peninsula

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Tamara Gruber is the Founder and Publisher of We3Travel. A former marketing executive and travel advisor, Tamara is an award-winning travel writer and recognized expert in family travel. Tamara is a member of SATW and the Adventure Travel Trade Association, and serves on the Board of the Family Travel Association. She is also the publisher of YourTimetoFly.com and the co-host of the Vacation Mavens travel podcast.

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Publish Date: November 23, 2023

1 thought on “How Much Does an Iceland Trip Cost? (2024 Iceland Budget)”

We did AirBNB’s and avoided the capital. Saved us lots! Iceland was my milestone 50th country!

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Iceland trip cost : A Complete Guide

When you start doing some research about Iceland, the first thing you see is how expensive this country is. It is true and wrong at the same time. Yes, you can visit Iceland on a budget if you plan it very carefully!

To help you elaborate your Iceland trip cost , here is some useful advice regarding airline tickets, accommodation, rental car, food and activities.

Iceland has been on my bucket list for years. And it’s very understandable why : incredible rock formations , black sand beaches, volcano craters, infinite roads, powerful waves, blue lagoons, breathtaking viewpoints, northern lights… and more sheep than humans!

If you want to live the once-in-a-lifetime experience, here are the absolute best private northern lights tours .

So yes, Iceland is considered as one of the most expensive countries to visit. But there are loads of ways to cut expenses on your Iceland budget .

It depends on the season you choose to visit Iceland , how long in advance you book the trip and how roots you’re willing to be. It also depends if you’re doing a solo trip to Iceland , family trip to Iceland or an Iceland road trip with friends.

To help you plan a road trip, here is a dream 6 days Iceland itinerary corresponding to the following budget.

On the other side, we’ll cover everything you need to know from the flights, accommodation and food, to the rental car and gaz in this Iceland ring road trip cost guide.

How much does a trip to Iceland cost for one person?

For a road trip to South Iceland of 6 days and 5 nights, I spent 620€ . This price includes the round trip flights, five nights in hostels or guesthouses, rental car and gaz, food and activities.

As covered below, most activities are free except the Blue Lagoon. The only thing that this total doesn’t include is the unforeseen, aka our car issues ! Here is a preview of the amazing experiences we had with this budget.

Iceland trip cost for two

The advantage of travelling with someone is that you get to split the Iceland road trip cost . So you can’t exactly multiply the previous number by two.

As two friends, we spent 1140€ for our road trip together of 6 days. And if you’re travelling with your partner, I believe you’ll pay a bit less as you share the bed.

Cost of 7 days in Iceland

How much is a flight to iceland .

There are not many airlines offering direct flights to Iceland, which can make it a bit expensive if you don’t book in advance.

Among the most known of them, you can find Icelandair , SAS , Air Iceland and Wizz Air . All international flights arrive at Keflavik Airport , a little over 30 minutes from the city center of Reykjavik.

A London to Iceland flight cost is around 100€. It typically last 3-4 hours. Our Iceland round trip cost from France was around 200/250€. Flights from East US to Iceland last 5-6 hours and cost around $250 one way.

Iceland accommodation

Yes, Iceland hotels are where you’ll spend the most money. In Reykjavik and its surroundings, you can easily find cheap and welcoming hostels. But most towns you’ll drive through during your Iceland trip are just one street long.

The smallest the city is, the less there are guesthouses and the biggest the price of the accommodation will be.

We booked everything on Airbnb or Booking for guesthouses and hostels and it was approximately 34€ per night and per person. If you’re going at summer time, you can rent a van and sleep in it.

Iceland Rental Car & Gaz

Unless you are only staying in Reykjavik, which is very unusual for Iceland travelers , you’ll have to rent a car.

So to define the Iceland cost of your trip, you need to consider the price of a car rental and of the gaz in the country. So, what kind of car will you need for a road trip in Iceland ?

If you plan to drive along the Iceland Coast on the Road 1, don’t bother taking a 4×4! A smaller car can 100% do the job.

A Nissan Micra was perfect for our itinerary . Renting it for 4 days and a half only costed us 110€ and the gaz price is quite similar to France, just a little higher, 1.55€/L.

We booked the car via City Car Rental. Be careful with what you’re doing with the car though because there are approximately as many garages in Iceland as penguins in France… So even with the smallest car issue, your day will be ruined.

Most Iceland car companies ask for a deposit that you’ll have to pay with your credit card (and not debit card, very important detail!).

So read the contract carefully and ask them about everything, including which gaz to put in. Even if it seems obvious. Sometimes it’s not 😅 

Food and drink prices in Iceland

Restaurants in Iceland are very expensive. It usually goes from 20€ to 30€ for a meal, so we skipped the restaurants and cooked all our meals ourselves.

We took a lot of dry food in the suitcase : pasta, rice, tuna, cereals… So we only had to buy some fresh products such as milk, vegetables and fruits… The less expensive supermarket is Kronan (16€ per person for 5 days).

It may not be representative of the average Iceland trip cost , as I don’t think most people thought about taking dry food in their suitcases. But it’s just to tell you that planning a trip to Iceland on a budget is 100% doable with a bit of thinking 😉

Activities in Iceland

When visiting Iceland , it’s mostly to visit the mind blowing landscapes, so you won’t pay a lot in terms of activities. You can visit almost everything for free and park everywhere, such as the magical Seljavallalaug Swimming Pool .

The only natural place we visited and had to pay for out of all the places we’ve been to was the Kerið crater (3€) and the parking of Seljalandsfoss (5€). You can check out our itinerary by clicking on the next picture. It features the Golden Circle , a wrecked plane, canyons, waterfalls, black sand beaches …

The most known hot springs location of Iceland is the Blue Lagoon . And for good reason ! Even if it’s not natural, it’s a remarkable dreamy geothermal spa with the bluest water you’ll ever see. The entrance is quite pricey (around $63 USD or 59€).

However, there are plenty of free hot springs in Iceland . One of the most magical one is located in the south of the country and is called the Seljavallalaug swimming pool .

It’s one the oldest swimming pools of the country and it’s lost in the middle of the mountains. You can access it for free, the location is absolutely breathtaking so I couldn’t recommend it more.

• Blue Lagoon Iceland trip cost : 55 to 75€ depending on the season
• Seljavallalaug pool cost : free access and free parking

More Iceland tips and tricks

Here are random but useful tips for Iceland first timers . Take very warm clothes in which you feel good, bring comfy and sporty shoes and make sure there’s a kitchen in all your accommodation.

Don’t be scared of heights. When it comes to taking pictures, stay careful. Most of the places ain’t secured with barriers like in central Europe.

Last but not least, open your eyes widely, be excited like a child and enjoy every minute of the adventure ! It’s among the best destinations to visit first post covid .

And just like that, we wrapped this Iceland trip cost guide in just under 1400 words ! As a reminder, the Iceland travel cost per day is around 100€ per person if you travel roots.

We hope it helps you have a better idea of the budget you should plan for your upcoming trip to Iceland to make it a once in a lifetime experience.

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Zest In A Tote

For the discerning family traveler, iceland trip cost + how to plan a road trip to iceland.

• by Shweta Singhal
• Posted on December 2, 2023 March 31, 2024

Iceland tops the charts on many bucket lists. For a nature and outdoor lover, it is a dream destination. Like all Nordic countries, the cost for a trip to Iceland is not cheap. We visited Iceland in June of 2023 and this post is a detailed account of our Iceland Trip Cost. Do note that this is not a budget travel guide to Iceland. It does give you a step-by-step guide on how to plan a road trip around Iceland.

Disclaimer:  This helpful post contains some affiliate links. This means that if you click on any of the links in this post (AND make a purchase) I may receive a  small commission  at  absolutely no cost to you . As such I thank you in advance should you decide to click & buy .

Page Contents

Is Iceland expensive?

YES. No ifs and buts. A trip to Iceland is expensive.

Summer is the best time to take a road trip to Iceland , as everything is open, weather is pleasant, there are tons of tours are running, and the roads are in much better condition. There are so many things to do in Iceland in summer . To save money in general, it’s best to plan a trip to Iceland during spring or fall . It is the shoulder season.

Our travel style in Iceland

Your Iceland vacation cost will vary depending on your travel style. Here is the way we usually do family travel. We usually stay at comfortable hotels. For Iceland, we dropped the level down one notch. For most parts of the trip to Iceland in June , we stayed at mid-budget hotels. We only splurged once at a luxury hotel towards the end of the trip. We used Booking.com for all our hotel bookings in Iceland

We did not eat at supermarkets in Iceland. Though that is a good way to save some money: to pick up a sandwich at supermarkets / convenience stores. We ate at nice restaurants and cafes through the trip. In Reykjavik, we let go of our booking at a Michelin-star restaurant but probably spent the same amount drinking in 5 different bars at Laugavegur street.

Our style of travel is usually do-it-yourself for activities. We did a self-drive road trip through the country and did short hikes like the Glymur waterfall hike by ourselves. But Iceland does need paid tours at many places, and these can be expensive. We did not splurge on any fancy plane or helicopter rides, yet spent a lot of money on activities. I would say some of these were once-in-a-lifetime experiences, and totally worth the cost.

Iceland Trip Cost

I have shown the cost estimates for a 7-day trip to Iceland. This will help you in planning your budget for Iceland. I have also included the amount we spent on each category: car rental, hotel, food and activities. Flight cost would vary hugely depending on where you are coming from, that I have left it out altogether.

Car rental + Fuel

Car rental is essential for a road trip to see the country, with limited public transport available in Iceland. First you would need to decide whether you want a regular sedan or a 4WD. Get the best car deals here!

The rental pricing would differ significantly depending on the car type (economy cards, 4WD, family cars). If you are going around the ring road only in spring or summer months (April to September), any car would do. A 4WD is needed only for off-roading or getting on F-roads (essentially unpaved tracks in Iceland). Also, factor in additional driver fee.

The rental pricing would also vary considerably depending on the season. We went in mid-June and this would be peak season pricing. In summer time, an economy car rental including full insurance protection would cost about EUR 110 – 130 per day. This would jump to EUR 140 – 170 daily for a 4WD. 

Car Insurance

We spent a lot more on car insurance than expected. I recommend you to take full insurance that covers windy conditions, damage from sheep and other animals, ash and sand protection, gravel protection, and what not. Iceland has a high risk of sustaining damages to vehicles due to road and weather conditions.

You have to add fuel cost to this. Fuel is expensive in Iceland, the second highest in the world! It is about 2.2 EUR per litre. For a 7 day trip, you may end up driving about 1500 km or 620 miles at the minimum. You can consider about 65 to 70 litres of petrol is required to run 1000 km. That would mean EUR 230 for about 1500 km (105 litre), or 620 miles (and 28 gallons).

You can use this useful calculator to estimate fuel for your road trip: Fuel calculator 

Car parking and Toll fees

Many of the sites in Iceland have no entry fee but there is paid car parking. You will end up paying for parking outside most sites: Thingvellir national park, Kirkjufell, Hverir geothermal area, Seljalandsfoss to name a few. There are very few toll charges though. I remember only one tunnel from Akureyri to Husavik where we paid approx. EUR 11.

Total car cost for a 7 day trip: EUR 1120 [We paid EUR 2035 for a 4WD for a 12 day road trip]

Car rental – EUR 560 (for an economy category car)

Full Insurance: EUR 280

Fuel: EUR 230

Car parking and the tunnel ride: About EUR 50

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Ours was not a budget trip, we didn’t stay at hostels or guesthouses in Iceland. That said, we also didn’t splurge on 5-star accommodation except for 2 nights at ION Adventure in Nesjavellir. You can expect an average of EUR 280 to 400 per night for a family of 2 adults and 1 child. This pricing is for summer time. For a couple only, expect this to be 20% cheaper.

If you are traveling with 2 children, the cost would go up. Many hotels will insist on 2 separate rooms so you may have to look for apartments to be in the same price range. Also, an apartment cost would be much lower than that of a hotel room, or a 2-bedroom apartment may work out to be the same as 1 hotel room. It may be a better bet for a family with 2 kids or more.

In places like Hellner in Snaefellsnes Peninsula or Akureyri / Myvatn in North Iceland, you will get a good hotel room for about EUR 200 to 300. In South Iceland, which gets more tourists, this would be around EUR 300- 350, especially during summer months of June, July and August.

We splurged only at ION Adventure, the family suite per night was upwards of EUR 600. Outside of this, the average accommodation cost for us (family of 2 adults and 1 child) was EUR 340 per night.

So for a 7 day trip to Iceland, average cost for 2 people sharing a room would be EUR 2100 (average of EUR 300 per day).

Food and Drinks

Alcohol is quite expensive in Iceland. We bought 2 bottles of whiskey at the Zurich airport for the trip. There were only 2 occasions where we ordered cocktails at a bar in Iceland. Of the two, I would not give up the experience of pub-hopping at Laugavegur street in Reykjavik.

Like I mentioned earlier, we ate at nice restaurants and cafes through out the trip. Though there were occasions like the day in Vik, where we had no time between the ATV Tour and the Katla Ice Cave Tour , and we bought sandwiches for a quick bite from a convenience store. Super cheap!

You can take an approximate cost of EUR 20 for mains at a nice restaurant for fish or duck or lamb (beef would be more expensive and vegetarian options a bit cheaper than this). This would be a EUR 30 meal with some salad or a drink in general. We spent a total of EUR 2010 on 3 people, about EUR 670 per person excluding a pricey dinner. We splurged at Silfra restaurant at ION Adventure (mains for EUR 50 to 60). Most of our breakfasts were included in the room cost.

So for a 7 day trip for 2 persons, the cost would be EUR 700 on food . This is assuming that your hotel covers the breakfast in its room pricing. Count alcohol as additional to this.

Tours and Activities

We splurged quite a bit on Iceland day tours . Activities in South Iceland like glacier hike, boat ride on an ice lagoon, and an ice cave tour are expensive but also unique experiences. Prices mentioned below are for an adult. These were much lower for many activities for our daughter.

Activities cost per adult for the following:

Blue Lagoon Comfort Pass : EUR 58 

[UPDATE: Temporary Closure. Blue Lagoon is currently closed after the volcanic eruption on March 16, 2024. Situation will be reassessed on April 1.]

Whale watching Tour : EUR 77

Vatnashellir Lava Cave Tour : EUR 31 

Glacier hiking in Vatnajokull : EUR 100

[We spent a little extra for shoes. They will check if the shoes are water-proof hiking shoes, appropriate for a glacier hike. This would be about EUR 200 if you go for a longer, extreme adventure version that includes ice climbing.]

Glacier Hiking combined with Jokulsarlon boat ride , the combo tour is about EUR 180.

ATV Tour in South Iceland: EUR 118

Katla Ice Cave tour : EUR 193 (expensive but an unique experience)

Icelandic horse riding : EUR 73

Landmannalaugar hike : EUR 171 

Perlan Museum Entry : EUR 34

Total cost for activities per adult is EUR 855 per adult. Like I said earlier, the tours are expensive but make for lifetime memories. IF you HAVE to cut out something, I will be ok not doing the ATV Tour and the horse riding. We paid a total of EUR 1945 for all activities and tours in Iceland. You can put an estimate of EUR 1100 for all activities for a 7-day trip for 2 adults.

Summary of Trip to Iceland: Cost for 2

Here is the total for what we paid for our 12 day ring road itinerary in Iceland , excluding flights and some miscellaneous items. This is for 3 people (2 adults and our 12-year old daughter) sharing a room.

Car rental + Fuel: EUR 2035

Hotels cost: EUR 5175

All meals: EUR 2010

Activities: EUR 1945

Total: EUR 11,165

Here is my cost estimate for a 7-day trip to Iceland for 2 adults during peak summer time –

Car rental + Fuel: EUR 1120

Hotels cost: EUR 2100

All meals: EUR 700

Activities: EUR 1100

Total Iceland Vacation Cost Estimate: EUR 5,020

Like I mentioned earlier, I have excluded flights in the above estimate.You can add the flight cost and plan your Iceland trip!

Guide to planning a road trip to Iceland

Here is a step-by-step guide on how to plan a road trip around Iceland –

1. Book your flight tickets

This is the first step towards your dream Iceland holiday. Lock in the flights as early as possible.

2. Check on visa requirements

Check if you need a Schengen visa to enter Iceland. If yes, apply for this at least 3 months before the trip.

3. Do your research on Iceland to build a rough itinerary

Despite being a small country in size, Iceland offers a mind-boggling range of destinations and activities. Depending on the time at hand and your interests, you need to figure what you will cover on your Iceland trip.

If you have 10 days or more, check out this Iceland ring road itinerary .

If you have 5-7 days in Iceland , focus on a couple of regions in the country.

4. Book your car rental

Decide on your road trip route and figure if you will need a 4WD or not. Any car will suffice on the ring road in Iceland. A 4WD is needed only for off-roading or getting on F-roads (these are unpaved tracks in Iceland). And then book a car rental many months in advance. For the peak summer season, we booked our car rental 6 months in advance.

5. Book your accommodation

Based on your itinerary and requirement, figure which hotels or apartments you need to book. The availability will keep going down and prices will keep going up as you get closer to your trip, so do book these much in advance. We booked all accommodation for our trip 6 months before the trip.

6. Book your activities

Some of the popular tours, especially near Reykjavik and in South Iceland get sold out in peak season. So do your research and lock in the activities you want to do. Book them at least 2 months in advance.

7. Travel Insurance

Closer to your trip, do buy travel insurance that covers all family members.

8. Packing List for Iceland

Weather changes a lot in Iceland. It can rain, be windy and stormy even in summertime. It is important to pack for all weather type. You will need a comprehensive packing list for Iceland . Don’t put this away for last-minute, you may have several shopping requirements

Travel Resources for Iceland

Rent a car to drive around in Iceland. Get the best car deals here!

Use Kiwitaxi for airport transfer if you are not renting a car immediately.

We used Booking.com for all our hotel bookings in Iceland

Get an eSim for your trip for effortless and cheap data connection from Airalo .

Planning a trip in Iceland? 

For a full  ring road itinerary  for 10 to 14 days, see  The Ultimate Iceland Ring Road Itinerary

If you have  5-7 days to explore Iceland :  Iceland in 5 to 7 days: Three Epic Itinerary Options

Best Iceland Tours : Day Tours for attractions + adventure

For the best things to do in Iceland : Top Things to do in Iceland in summer

What to pack for Iceland : Iceland Packing List

For exploring the capital, see  Reykjavik sightseeing

Check out  Is the Golden Circle route in Iceland worth the hype?

If you wish to explore  North Iceland,  check out  The Diamond Circle Route + Travel Tips

For a  South Iceland  itinerary, do read  The Best of South Iceland attractions

For  Snaefellsnes Peninsula , read  West Iceland attractions: Best Things to Do in Snaefellsnes Peninsula

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Author: Shweta Singhal

Hi! I am Shweta, the zest behind this blog . I play several roles – parent to a 6-year old, adventure enthusiast, travel blogger, generally open to trying out new things in life. Besides travel, I love books and theatre and art. I would love to hear from you; do drop a comment. Join me on Instagram / Twitter @zestinatote. View all posts by Shweta Singhal

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The Ultimate 10-Day Iceland Road Trip Itinerary

Welcome to The Land of Fire and Ice. Iceland is known for its extreme landscapes from volcanoes to glaciers. If you are wondering whether to travel around Iceland in a clockwise or anticlockwise manner, my advice is to plan according to the weather forecast. I did my drive along the Ring Road in the anti-clockwise direction; it was random because I had to book accommodations in advance. I came across my fair share of good and bad weather. The ideal Ring Road trip is to get as many sunny days and clear nights as possible. This is so that the attractions can be enjoyed in the day and aurora borealis in the night. The objective is to align the clear nights with a strong KP index outlook. With that, the battle is half-won. Witnessing the aurora borealis is easy in Iceland because it is strategically located in the North. My favourite sites to get Aurora and weather forecast are from Aurora Forecast for Europe and Iceland Met Office. They are pretty accurate, especially for predictions within 3 days.

The Ring Road covers around 2500km, including all the detours for attractions along the way. This amount will increase significantly if you plan to cover North-East Iceland, specifically Ísafjörður. Route 1 is the main highway to be on for this round island drive.

Route 1 is the main highway to be on for this round island drive. South-Iceland is notorious for sand storms, so remember to check the forecast before travel. Many roads are closed during winter, even during shoulder months. I encountered one road closure (F570) due to snow conditions at Snæfellsjökull in September. North Iceland is generally colder than other parts.

Accommodation

Airbnb Cottage in Egilsstaðir

Out of my 10 nights in Iceland, 9 nights were in Airbnb apartments. They usually offer a fully equipped kitchen with the whole apartment where you can cook your own meals. This is a plus if you do not want to dine out. 

I was travelling in a group of three and the average cost per night for one person was around US$40. There are not many Airbnb options out of Reykjavik so there is a need to book early. Otherwise, the options left are guesthouses and hotels which cost much more. If you are a first time user, use this link to get a US$33 credit which can be used for your bookings. A more adventurous option is to go for camper vans where cooking essentials and beddings are provided. These vans range from 2-person onwards.

Icelandair is the main airline and they offer good prices when booked in advance. I paid US$180 for a round trip from London with 23kg check-in luggage included. I checked again at a closer date and found that the prices were almost double.

Renting a car provides the best experience for exploring Iceland. The preferred option is to choose a car rental company that is within walking distance from Keflavik International Airport. Among the many notorious car reviews online, I found Blue Car Rental to be decent and it indeed lived up to my expectations. The thing I like about this company is that their fleet is always new. They upgraded me with an inbuilt GPS and a 4WD vehicle. I got a 2016 Kia Sportage with a 2.0 diesel engine. Diesel engines are more fuel-efficient and marginally cheaper than petrol. Most F-roads in Iceland only allow 4WD vehicles and rental companies do not allow 2WD to go on F-roads. I recommend to pay a little more for 4WD to enjoy more freedom with road options. My 10-day rental cost US$850 and I consider it a steal.

Most places in Iceland, including gas stations, take credit cards for payment. But some unattended gas stations accept cards with a 4-digit PIN only. Most European-issued credit and debit cards can be used at these gas stations. Credit and debit cards from Singapore do not work because they are usually issued with a 6-digit PIN. The option I found to be useful is to get a prepaid card loaded. There are various denominations to choose from, depending on the gas station. N1 is the most common all around Iceland but is generally the most expensive one, hence I prefer Orkan.

If you are staying in places with cooking facilities or having your own camper vans, there are a few supermarkets in Iceland to choose from. The most popular and wallet-friendly option is Bónus. But I realise that their opening hours do not go beyond 6.30pm. Krónan is a good alternative too. They usually have a bigger selection than Bónus for fresh meat. So plan your itinerary to visit one of these before the closing time. The more expensive option yet having 24/7 outlets is Hagkaup.

The most popular and wallet-friendly option is Bónus. But I realise that their opening hours do not go beyond 6.30pm. Krónan is a good alternative too. They usually have a bigger selection than Bónus for fresh meat. So plan your itinerary to visit one of these before the closing time. The more expensive option yet having 24/7 outlets is Hagkaup.

Mobile Card

If you are travelling along the Ring Road, I highly recommend Síminn prepaid. It has one of the best signal coverages in Iceland. I was connected under 4G/3G for more than 95% of the time, making me wonder how well Icelandic lines are laid all over this sparsely populated country. Prepaid lines in the US and UK usually do not have good connections outside of cities. I took the deluxe package which costs ISK2990 (US$26) for 100min of talk-time, 100 SMS and 1GB of data. I ended up not using the SMS or talk-time, but well, it was meant for emergencies.

Day 1: Reykjavik

Get on an earlier flight, either connecting from Europe or North America and try to reach before 3pm. That leaves you with a night to explore Reykjavik and start off fresh the next day. Do not miss out Bæjarins Beztu Pylsur, which is one of Europe’s best hot dog stands. Visit Hallgrímskirkja at night, as it is one of Reykjavik’s most outstanding landmarks.

Hallgrímskirkja

Bæjarins Beztu Pylsur 

Spend the night at Reykjavik.

Day 2: The Golden Circle

Start the day by heading to Þingvellir National Park where the Earth’s tectonic plates meet. You have the option to go diving in between the plates at Silfra.

This is the only place in Iceland where I had to pay for parking, except for city areas. It costs ISK500 for up to 24 hours of parking access around the national park. I consider Iceland to be overwhelmed by tourism when parking fees are introduced at natural attractions. Continue on to Geysir and Strokkur where there are geothermal eruptions every few minutes. End the day by witnessing the impressive Gullfoss, add in Kerio Crater Lake if you still have some daylight left. There are plenty of shops and restaurants around. Continue on to Geysir and Strokkur where there are geothermal eruptions every few minutes. End the day by witnessing the impressive Gullfoss, and add in Kerio Crater Lake if you still have some daylight left. There are plenty of shops and restaurants around. I chose to stay at Eyrarbakki which is about 15 minutes away by car from Selfoss because I found a cosy Airbnb loft there.

Always have an umbrella or raincoat/waterproof jacket with you in Iceland!

Strokkur erupting behind me

Spend the night at Selfoss or Eyrarbakki.

Day 3: More waterfalls and black beach

Continue on Route 1 and head to Seljalandfoss where you can take the trail that leads to the back of the waterfall.

There is a nearby waterfall named Gljúfrafoss, which is about 400 metres away. It is much less touristy and definitely worth the walk from Seljalandfoss. There is an opening in the rocks where you can walk into the waterfall itself. It is perfect for an Insta-worthy shot but be prepared to get wet.

Complete the waterfall hat-trick by visiting Skogafoss. You have the option to head to the famous Sólheimasandur plane wreck to see the US airplane that crash-landed there in 1973. But the road has been closed recently, and the only option is to park the car off Route 1 and take the 8km round trip to the plane wreck by foot.

End the day with the gorgeous sunset at Reynisdrangar which is famous for the basalt sea stacks and black sand beach. There is a nice spot in Vik where the church is located to catch a nice view of the town.

Seljalandfoss

Gljúfrafoss

Top of Skogafoss

Reynisdrangar

View of Vik from the church lookout

Spend the night at Vik.

Day 4: Skaftafell National Park And Glacier Lagoon

The Airbnb host at Vik highly recommended us to head to Fjaðrárgljúfur canyon. It became one of the most beautiful places of my trip.

Both amateur and expert hikers will love Skaftafell National Park. It is located in the southern part of the magnificent Vatnajökull Glacier. There are plenty of hiking routes available, ranging from 2 hours to over 10 hours. Those that want to do some serious exploring can spend an additional night there.

Carry on to Jökulsárlón Glacier Lagoon where you can witness one of the most beautiful places in Iceland. Hofn is known as the lobster capital of Iceland. From here, there is a beautiful view of the Vatnajökull Glacier.

Fjaðrárgljúfur canyon

Jökulsárlón Glacier Lagoon

Spend the night at Hofn.

Day 5: Eastern Fjords

The fantastic driving scene through the eastern fjords starts shortly after leaving Hofn. The number of cars and people reduces drastically as you continue eastwards because most people would have u-turned back to Reykjavik.

You will be weaving in and out of the dramatic coastline with black sandy beaches. There are chances of reindeer crossing the roads so look out for them.

Be sure to visit Seydisfjordur for its beautiful town, it is just located 30 minutes away by car from the capital of East Iceland, Egilsstaðir. I caught my first aurora in a farm cottage near Egilsstaðir that was booked through Airbnb, and it was phenomenal.

Seydisfjoudur

Stop whenever you like along the Eastern Fjords; every stop is beautiful

The dramatic coastline

Aurora just right outside the cottage

Relationship goals!

Spend the night at Seydisfjordur or Egilsstaðir area.

Day 6 and 7: Myvatn Area And Akureyki

Time for huge waterfalls as you progress northwards toward Akureyki. Visit Dettifoss which has the largest volume of water flowing through in Europe; there is a site visit to Selfoss (not the city) from the same parking area. There are two sides of Dettifoss which are accessible by two different roads off from Route 1.

When you have seen enough waterfalls, proceed to Myvatn geothermal area for Hveraröndor Hverir (mud pots) and nature baths. The mud pots have very strong sulphur smell and the surrounding gives you the feeling of being on Mars. Myvatn Nature Baths is much less touristy than Blue Lagoon and also costs lesser. Lake Myvatn is a perfect place to see the aurora borealis because the lake shows the reflection if there are aurora activities. This is absolutely beautiful on camera.

After staying and moving every day, consider spending two days at Akureyri, the capital of North Iceland. It is the second largest city after Reykjavik with plenty of things to do. There are many nice restaurants here that serve authentic Icelandic food but they are much cheaper than in Reykjavik. Bautin has good reviews and I can vouch for it personally. The botanical garden is a nice place, especially in summer when everything is in full bloom.

Akureyrarkirkja is the church designed by Guðjón Samúelsson which sits on top of a hill in the city. The same guy designed the famous Hallgrímskirkja church in Reykjavik. Book a whale-watching tour in Akureyki or Husavik which guarantees more than 99% chance of whale sighting.

Hveraröndor Hverir

Myvatn Nature Baths

Aurora nights over Akureyri

Whale you eat me?

Try Bautin restaurant while you are in Akureyri.

Spend two nights at Husavik or Akureyri, or one night at each place for the experience.

Day 8: Seal-watch and lots of F-roads

Take a long drive to the Snæfellsnes Peninsula with plenty to see along the way. The Vatnsnes peninsula has a few spots for seal-watching and one of the best is at Osar. Be prepared to get the car muddy because of the gravel mud roads for the most parts of this peninsula. There are water sprays with brush head at gas stations to make your job of cleaning the car much easier after.

Always stop for shots because Iceland is really beautiful among the nothingness

Do not miss out the close encounters with these Icelandic horses. You can see them just right off Route 1 in the farms

Spend two nights at Stykkishólmur or Grundarfjörður to explore the Snæfellsnes Peninsula. Both towns are equally unique in their own ways.

Day 9: Snæfellsnes Peninsula

Depending on where you stay, you can do the Snæfellsnes Peninsula in an anti-clockwise or clockwise manner. Visit Kirkjufell, the most photographed mountain in Iceland. Along the same road, you can get to Kirkjufellsfoss and take that trademark waterfall plus mountain postcard shot. 

Afterwards, proceed to Snæfellsjökull National Park where the magnificent Snæfellsjökull Glacier lies. The road leading up to the glacier is usually open during summer but it was impassable due to the icy pass, even in September. From the high point near the summit, there are good views of the nearby towns. This active volcano provided the setting for Jules Vernes’ famous Journey to the Center of the Earth.

At the foot of Snæfellsjökull lies Djúpalónssandur, the sandy beach which was once home to fishing boats. Hellnar and Arnarstapi are both old fishing towns which have walking trails between them right beside the coast. Talk a walk and you will not be disappointed. For photographers, do not miss out the black church in Budir where you have the snow mountains as the backdrop.

Kirkjufellsfoss with Kirkjufell in the backdrop

The road ahead was covered with snow

Hotel Hellnar with Snæfellsjökull Glacier in the background

Budir Church

Head back to the lodging town and be prepared for the drive back to Reykjavik.

Day 10: Reykjavik

You have an option to head to Langjokull Glacier for a detour before heading back to Reykjavik or reach Reykjavik early to spend the remaining time there. Take a leisure walk around the city centre and soak up the local vibes. Consider visiting Harpa which is the concert and meeting hall and it has a unique design.

Harpa from the harbour

The Sun Voyager is a good place to take pictures of the aurora borealis because the icon serves as good foreground

I couldn’t forget the geomagnetic storm that was raging in my last night at Reykjavik!

This is my itinerary so far, so readers feel free to amend it to suit your needs.

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Learn how to easily plan your dream trip to Iceland with helpful guides and tips!

Prices in Iceland: How To Figure Out Your Iceland Trip Cost

August 16, 2021 //  by  Iceland Trippers //   8 Comments

The prices in Iceland are notoriously high. From food, to rental cars, to gas, many aspects of your trip will cost you a pretty penny. Iceland is becoming a more and more popular tourist destination by the year, and with the stunning natural beauty the country has to offer, it’s easy to see why.

On top of the beauty which awaits you upon arrival, the airlines draw you in with great deals on airfare and the whole trip becomes irresistible. Icelandair allows free stopovers in Iceland from the US to the rest of Europe, and back when Wow Air was in business, there was always an affordable flight option.

But the cost of actually staying in Iceland might come as a shock to you if you don’t know any better. The country is beautiful and worthy of all the recent attention it’s been getting, but be prepared to spend some serious money while you’re there.

There are a lot of components that will factor into your total Iceland trip cost, so spend some time thinking about how you want to tackle each one. This guide is here to help you know what you’re getting into ahead of time, and give you the opportunity to plan accordingly and potentially cut back on expenses where it makes sense.

Iceland is a unique country full of thundering waterfalls, relaxing hot springs, and many other natural wonders you’ve only dreamed about. The experiences are worth the money poured into the trip, and hopefully, with some careful planning, you can have these experiences without breaking the bank.

Get a FREE printable “Hidden Gems In Iceland” E-book by joining our private  Iceland Facebook Group  and share your photos and ask for tips and tricks.

Table of Contents

Average Iceland Accommodation Prices

The least expensive accommodation option (besides camping) will be staying at a hostel. Some hostels offer both private rooms and dormitory-style rooms, while others only offer dormitory-style. The nicer hostels usually include a café, bar and lounge area. The website Hotels.com  is a great resource for choosing the hostel that’s best for you.

On average, Reykjavik has the most expensive hostel rates, but the rates outside the capital region are not significantly lower. Some of the hostels also offer free cancelation rates as well as non-refundable rates.

The non-refundable rates can be as much as $45 less on the private rooms and $10 less on the dorm rooms. The rates at the hostels don’t vary much throughout the year.

The off-season can occasionally bring slightly lower prices, but it’s not guaranteed. As more tourists flock to the country in the winter for the Northern Lights though, the off-season is becoming shorter in Iceland. Below are some average rates to give you a sense of what you might be paying.

Here are examples of the cost of accommodations in Iceland

• Standard Double Bed Private: $212-$239/room
• 4 Bed Private: $271-$311/room
• 8 Bed Mixed Dorm: $41-$46/person
• 6 Bed Mixed Dorm: $40-$61/person
• 4 Bed Mixed Dorm: $57-$67/person
• 6 Bed Female Dorm: $40-$61/person

Hotel prices in Iceland are steep. On top of that, you’re offered far less for what you’re paying than you would at a high end US resort. Though Iceland certainly has some nice hotels, most of the hotel options, particularly outside of Reykjavik, will be pretty basic. There’s no shortage of hotels in the Reykjavik area , and more hotels are being built both in the capital and throughout the rest of the country.

Iceland offers varying price ranges for hotels from luxury and boutique to budget, with some of the more recent luxury hotels being built at the famous Blue Lagoon. There is an 11% VAT on the total hotel cost and a $3 per night city tax when staying in Reykjavik.

Check out www.booking.com  to find exact prices and more detailed information on the accommodations. Below we’ve laid out a general breakdown for the cost per room of a hotel in each price category. 

Boutique and Luxury Hotel Prices in Iceland :

• Standard Single Room $340-$425
• Standard Double or Twin Room $426-$550
• Superior Double Room $489-$625
• Junior Suite $677-$1146
• Suite $766-$1548

Budget Hotels:

• Standard Single Room $138-$220
• Standard Double or Twin Room $146-$362
• Superior Double or Twin Room $175-$407

Airbnbs are another possible accommodation in Iceland. They are usually a little less expensive than a hotel, but not always. There are plenty of Airbnb options in Reykjavik.

Outside of Reykjavik, the Airbnb prices in Iceland tend to be lower, and there also aren’t as many options. In the capital though, people will controversially buy apartments with the sole purpose of converting them into Airbnbs, so there’s an apartment shortage for residents of Iceland, but there are a lot of Airbnbs.

Experience Iceland like a local by staying at an Airbnb!  Get a  FREE $55 Airbnb coupon  by using  our code  when you book! 

The two options for Airbnb’s are having a private room in a shared house or apartment, or paying to stay in the entire apartment (the number of beds varies). Below are some average Airbnb prices around Reykjavik.

These are just the base prices though. Be sure to check the final price because things like the service fee and cleaning fee are added to the base price, and have the potential to significantly increase the total price.

Average cost of Airbnb in Iceland

• Entire apartment (2 beds)  $150-$300
• Entire apartment (1 bed) $100- $212
• Private Room $40-$90

Cost Of Renting A Car In Iceland

Rental car prices in Iceland are high, but if you want to explore Iceland’s natural beauty on your own terms, a car is essential. You are going to want to factor this into your Iceland trip cost!

For many people, this is the ideal option for getting around the country. Auto Europe is a wonderful website for comparing rental car prices in Iceland based on the company you’re renting from, and the size of the car (or whether it’s 4WD).

Before renting a car in Iceland you’ll need to choose between 4×4 or 2×2, manual or automatic, and the size of the car. Renting a 2×2 will reduce your Iceland trip cost, however, some of the roads in Iceland require 4×4’s, so it’ll limit what you’re able to explore.

You definitely cannot drive 2×2’s on Iceland’s F roads. Though 4×4’s will give you the freedom to drive just about anywhere, it is possible to see much of Iceland, including many of its most stunning natural wonders, in a 2×2.

Unlike in the United States, many of the rental cars are manual. If you don’t know how to drive a manual car, double-check to make sure your rental car is automatic! You’ll also have to decide whether you want additional insurance.

In most countries, it’s unnecessary, but some of the F roads in Iceland can be extremely rough so it’s something to consider. Here are some examples of the l east expensive rental car prices in Iceland per day and per week.

• 2 wheel drive compact manual: $63/day or $232/wk
• 2 wheel drive compact automatic: $93/day or $346/wk
• 2 wheel drive midsize manual: $83/day or $307/wk
• 2 wheel drive midsize automatic: $93/day or $346/wk
• 4 wheel drive SUV manual: $187/day or $625/wk
• 4 wheel drive SUV automatic: $232/day or $768/wk

Price Of Campervans In Iceland

Combining your transportation and accommodation into one with a campervan has the potential to bring down your Iceland trip cost. Having a campervan is the ultimate way to take your trip into your own hands and camping in Iceland is a great way to save!

You can eat, sleep, and adventure whenever you want, increasing your general efficiency. Campervans come in 4X2 and 4×4 as well as both automatic and manual. Especially if you’re visiting in the summer, you’ll want to rent your van well in advance particularly if you want a manual vehicle.

Also, not all campervans have heaters, so take note of that if you’ll be traveling in Iceland in the winter. Iceland has many campsites around the country both for tent camping and campervans.

You can pay at each campsite for roughly $8-$12 a person, or you can buy an Iceland camper card giving you access to roughly 40 different campsites around the country. One card costs $177 and covers 2 adults and up to 4 children. Most campsites are closed though during the winter.

There are many different campervan companies in Iceland, and the number of companies keeps increasing as the tourist population surges. There are some things to consider when choosing a company and evaluating their prices. Some of these things we mentioned above such as 4×2 or 4×4, manual or automatic, or whether it has heaters or not for more comfortable sleeping conditions. You should also check whether additional insurance is included in the price.

Some companies also require you to book the van for at least 4 days. The top campervan companies include Happy Campers , Go Campers , Campervan Iceland , Camper Rental Iceland , and Camp Easy .

It’s difficult to compare prices between companies because every company’s vans offer different things. However, here is a rough breakdown of average prices per day by number of seats.

These are the prices during high season. Low-season will be less expensive but the roads are less accessible and the campsites are closed.

• 2 seater (sleeps 2): $91-$208/day 
• 3 seater (sleeps 3): $214 -$392/day
• 4 seater (sleeps 2): $224-$402/day
• 4 seater (sleeps 4) $279-$387/day
• 5 seater (sleeps 5): $288-$336/day

Average Grocery Prices In Iceland

When it comes to food, the best way to lower your Iceland trip cost is by shopping at the supermarket and cooking your own food. This is our favorite way to cut down on the cost of our Iceland itinerary!

The average grocery store prices in Iceland tend to be more expensive than other countries because as an island nation up near the Arctic Circle, the country has to import many of its products. This results in higher prices and sometimes less selection.

For example, there are far fewer fruit options available in Iceland than there would be at a US grocery store. Besides a few different types of small berries such as blueberries and crowberries, most fruit does not grow in Iceland’s climate.

However, even things like lamb and fish that are found in abundance in Iceland and are big staples of Icelandic cuisine, are still relatively expensive. Some basic food items such as bread, rice, and pasta, are actually fairly affordable as long as you shop at the more reasonably priced grocery stores.

There are many options for grocery shopping in Iceland . Bonus is the least expensive grocery store. You’ll see these yellow stores with a pig as their logo all around the capital region. They are great shopping options, but it should be noted that they have limited opening hours, usually not opening until 11 am and closing around 6:30 pm. Another low-cost option is Netto.

Netto prices are not much higher than Bonus, and they have longer opening hours. Some are even open 24 hours. Kronan is another popular option, but its prices are more expensive than Bonus or Netto.

Kronan stores are usually open from around 10 am-9 pm. Finally, Hagkaup is the most expensive grocery store to shop in, but it has the best selection and many of the locations are open 24 hours. There are many other grocery store options in Iceland, but these listed above are the most common.

Your best bet for keeping your cost of groceries to a minimum is buying everything you can at a Bonus in Reykjavik and only stopping at grocery stores on the road if it’s absolutely necessary. The further you get from the city, the fewer grocery store options there are and the higher likelihood you’ll be paying more.

There are also small selections of grocery items at many of the gas station stores if you are in need of a quick food source/snack. Here are some average prices in Iceland as of December 2018 for frequently bought food items.

• 500 grams Butter $3.87
• 1/2 liter Heavy Cream $4.29
• 500 grams Sliced cheese for putting on bread $5.71
• 150 grams Brie $3.97
• 1 liter Whole Milk $1.23
• 1 liter Reduced Fat Milk $1.23
• 1/2 liter Yoghurt with fruit $2.68
• 500 grams Ground beef $6.46
• 700 grams Chicken breast (fresh) $10.73
• 200 grams Sliced ham $4.45
• 1 kilogram Whole Wheat Sandwich Bread $2.41
• 500 grams Spaghetti $0.73
• 1 kilogram White Rice $1.45
• 1 kilogram Potatoes $2.41
• 800 grams Bananas $1.22
• Carrots 500 grams $2.90
• 1 liter Orange Juice, 100% juice $1.60 

Average Gas Prices In Iceland

When you look at gas prices in Iceland, the number refers to the price per liter. For reference, one gallon is equal to 3.78 liters. For those of you with Costco memberships, Costco will be your least expensive gas option.

Costco cards work all around the world, so even though your membership may not be from the location in Iceland, it will work at the gas pump. Just ask the employee at the pumps, and they’ll swipe their card allowing you access to the pump.

The catch is, there’s only one Costco in all of Iceland (it’s located on the outskirts of Reykjavik, in the town of Gardabaer), so if you’re far from Reykjavik, Costco gas won’t be an option.

Iceland has a lot of different options for alternative gas stations including N1, Orkan, OB, Olis, and AO. If you’re looking for gas station prices, locations across the country or the closest location to you, the website https://gasvaktin.is  is a great resource.

The gas prices in Iceland are expensive, even at Costco. You should expect to pay roughly $90-$100 dollars to fill up the tank of a 4×4 rental car and around $70-80 for the tank of an economy 2×2 car.

Sometimes you can plan ahead and use the website above to choose the least expensive options. But the further you drive out into the small remote towns of the country, the fewer options you have, and at some point, you’ll just be thankful there’s any gas station at all.

With all the natural beauty Iceland has to offer, it’s impossible to experience the best of the country without driving around. It’s inevitable that you will have to fill up your car throughout your trip, and the least expensive gas station won’t always be available. As you drive out into the country, it’s not worth the risk of running out of gas in an attempt to find a cheaper station.

Average Tour Prices In Iceland

Paying to go on tours can be a great way to see all that Iceland has to offer. Everything is planned out for you and you have knowledgeable tour guides providing you with valuable information about the country and what you are seeing.

Tour prices in Iceland are not inexpensive. However, if you choose to only go on tours and not rent a car, you can potentially reduce your Iceland trip cost. Tours can also be ideal for people of all ages. The tour buses that stop at different sites usually stop at easily accessible locations.

Some of the most popular tours in Iceland are Northern Lights tours , whale-watching tours , Golden Circle tours , South Coast tours , and Icelandic horse riding tours . The Northern Lights tours can be particularly helpful since the lights have a tendency to be elusive.

Though there are ways for you to track the strength of the lights yourself, having a tour guide who chases the lights for a living can be useful. The tour companies will also give you a chance to take the tour again for free if you don’t end up seeing the lights the first time around.

There are many different tour options in Iceland. Here’s a list of average tour prices based on the activity or location. You can also book combination tours such as The Golden Circle with the Blue Lagoon admission included, or the South Coast with a glacier hike. These, of course, will be more expensive.

• Golden Circle $47-$90
• Northern Lights $81-$138
• Horseback Riding $99-$184
• Whale-watching $81-$89
• South Coast $110-$194

If you are looking to NOT rent a car and just want to do tours while in Iceland, it may be better to book a multi-day tour! A Multi-Day tour allows you to save money and time on planning while still getting to see and experience the fantastic Icelandic landscapes!

Suggested Multi-Day Tours Of Iceland:

5 Day Winter Tour Of Iceland: Golden Circle, South Coast, Ice Cave

3 Day Golden Circle, Glacier Hike, Ice Cave, Northern Light Tour Of Iceland

2 Day Guided Iceland South Coast Adventure

3 Day Relaxation and Exploration Tour Of Iceland From Reykjavik 

2 Day Jökulsárlón, Glacier Hike + DC-3 Plane Wreck Tour In Iceland

Fast Food Prices In Iceland

Iceland has a number of fast-food options from salads to gas station hot dogs Icelandic style, to burritos. They also have fast-food locations that Americans will be familiar with such as Metro (their equivalent of McDonald’s), KFC, Subway, and Quiznos (though Iceland’s Quiznos offers delicious lamb sandwiches as well that are unique to Iceland).

Some of these locations have healthy options, many are delicious, and they can be particularly convenient for grabbing something quick when you’re on the road all day driving around the country. Though eating at fast food places is a less expensive alternative to going out to a restaurant, we have to warn you that the fast-food prices in Iceland are not cheap compared to the US.

Serrano, which is a semi-close equivalent to a Chipotle, sells burritos for roughly $12.50-$14.50.   In contrast, Chipotle is around $7-$8 for comparable burritos. The Icelandic hot dogs are famous. The hot dogs made of lamb meat, are topped with crispy and raw onion, sweet mustard, ketchup, and remoulade.

The Bæjarins Beztu food truck location downtown drew additional attention after a 2004 visit from President Clinton. They cost $2.83 at the gas stations, but at the Bæjarins Beztu trucks, it’ll cost $3.80. Even a salad (though the portions are solid-sized) costs $16-$19. At the Subway’s in Iceland, a footlong tuna sandwich will cost $12.23, while the exact same Subway sandwich in the US costs $7.25. As you can see, the prices in Iceland for fast food are consistently more expensive.

Average Restaurant Prices In Iceland

Restaurants in Iceland vary in price, but at nice restaurants downtown, any meat or fish dish is going to cost a lot.

Apotek Kitchen, Tapas Barrin and Brasserrie Askur are prime examples of average restaurant prices in Iceland. We never recommend going out to eat if you are looking to keep your Iceland trip cost down!

The cost of entrees at Askur ranges from roughly $24-$46 with the cheapest price being for vegetable pasta and the most expensive price being for beef tenderloin.

Similarly, the entrees at Apotek Kitchen range from $31-$52. At Tapas Barrin, single meat or seafood tapas can cost anywhere from $16-$32 with the vegetarian tapas ranging around $16-$19. People order about 3 tapas per person on average. And these prices are all assuming you don’t add any alcohol to the bill. 

Going out to dinner can be slightly less heart attack-worthy at some of the more casual restaurants.  Burgers and pizza tend to be the best options for meals out that hover between fast food and fine dining. Burgers at Roadhouse are roughly $21-30 and pizza at Eldofninn is $16-$25.

A favorite casual restaurant among Icelanders is Saffran. Saffran serves flatbread pizzas, salads, wraps, and chicken dishes such as tandoori chicken, all ranging from $16-$20.

While these options are all nice while you’re spending time in the capital region, as soon as you venture out into the more remote parts of Iceland, your dining options tend to be limited to fast food and expensive restaurants.

Average Cost Of Alcohol In Iceland

The easiest way to keep your alcohol spending to a minimum is to simply not drink at all! It’ll save you a significant amount of money. But, if you are among the many who would like to drink while in Iceland, here are a few tips.

Your best option is to buy alcohol at the Duty-Free in the airport, but be sure to not exceed the allowed limits. Once you leave the airport, buying alcohol will be expensive. Though you can visit bars at Happy Hour for a slightly reduced rate, during regular hours you’ll likely pay between $8-$12 for a half-liter of beer.

Besides 2.25% light beer, you won’t find any alcohol in the grocery store in Iceland. Your only option for buying alcohol is at the liquor store Vinbudin. Vinbudin has limited locations and restricted opening hours, so check the hours ahead of time. Prices at the liquor store are less than buying a drink at a restaurant or bar, but they still won’t be cheap.

A bottle of the more inexpensive wine options at the liquor store range from $15-$30, while a bottle of dessert wine will cost you anywhere from $19-$62. An individual half-liter can or bottle of beer will cost around $3.50. No matter where you go, alcohol prices in Iceland will always be expensive because alcohol is one of the highest-taxed items in the country. And suddenly not drinking at all sounds pretty appealing!

Cost Of Attractions In Iceland

Finally, a bit of good news when it comes to the prices in Iceland! Because Iceland’s biggest draw is its natural landscape, many of the sights you’ll visit will be completely free. Gullfoss and Geysir on the Golden Circle are both free.

The Solheimasandur Plane Crash and Reykjadalur Hot Springs? Free. Though there are some attractions that cost money, it is possible to plan your trip so that you only visit free locations but still get the chance to see some of the best that Iceland has to offer.

Thingvellir National Park, one of the 3 major stops along Iceland’s Golden Circle, does not have an entrance fee, but it has a $4 parking fee. The stunning Seljalandsfoss waterfall also has a parking fee now of around $5.50. The parking fees usually go towards the maintenance of the roads and parking lot.

There are some natural attractions that do have entrance fees, such as Kerid Crater along the Golden Circle, which charges roughly $3.20 to enter.

At one point, the lava tube Raufarholshellir was open to the public for free, but now it requires a $50 tour ticket to explore. You can also expect to pay a small fee (somewhere around $1.50) to have access to the bathrooms at many of the major tourist stops.

If you’re not paying for tours though, the most money you’re likely to dish out is at museums. The LAVA Centre is an interactive museum teaching about volcanic activity.

In order to get the full museum experience, a ticket will cost you around $26. Perlan, which once was just a collection of water tanks, now has an incredible observation deck overlooking the whole of Reykjavik and beyond, and several museum exhibitions.

Tickets to these exhibitions and the observation deck range from $31-$36. Just the observation deck alone is $7. One of the biggest tourist attractions in Reykjavik is Hallgrimskirkja Church and the view it offers of the city from the top.

Tickets are $8 to ride the elevator to the top. The country is full of museums and interactive exhibits and many of them are worth the price of admission to learn more about the country, its culture, and its unique natural landscape. 

Prices Of Hot Springs In Iceland

When it comes to hot spring prices in Iceland, there are options for you at all price levels.  It is possible to experience hot springs in Iceland completely for free. The whole country is full of natural hot pots. Much of Iceland’s beauty comes from its unique natural elements, and the hot pots are a huge part of this.

There is nothing quite like relaxing in a Jacuzzi temperature natural hot pot right in the middle of nature. Some great examples of free hot pot options are the Reykjadalur Hot Springs on Iceland’s South Coast and the Drangsnes Hot Pots.

Another option is to relax in the hot tubs at the town swimming pools. Every town in Iceland has at least one swimming pool and one hot tub (often more). In the capital region, the complexes have multiple hot tubs of varying temperatures.

Laugardalslaug, the biggest swimming pool complex in Reykjavik, even has a salt-water hot tub. The swimming pools are incredibly popular among locals and tourists alike and are a great way to wind down after a long day of adventuring. Admission for adults is roughly $8 a person per visit and $1.30 for children ages 6-17. Hot springs are some of the best stops along the Ring Road in Iceland and you really shouldn’t miss them!

If you’d rather go to a geothermal bath than a swimming pool, locations such as Laugarvatn Fontana or The Secret Lagoon might be perfect for you. Both of these geothermal bath complexes are located in towns that are geothermal hot spots.

At Laugarvatn Fontana, you can bathe in hot pots filled with naturally heated water from the surrounding area, relax in a steam room, or even watch the staff bake rye bread in the ground. An adult ticket into Laugarvatn Fontana is $30.50 and a ticket for children ages 13-16 is $16.00.

The Secret Lagoon is one large natural bathing area surrounded by steam vents, and it comes complete with pool noodles for ultimate fun and relaxation. Admission here is $24 for adults and is free for children under the age of 14.

If you’re planning a trip to Iceland, you’ve likely heard of The Blue Lagoon. The Blue Lagoon is Iceland’s most famous geothermal bathing area. Contrary to popular belief, The Blue Lagoon is not actually a natural hot spring, but rather a man-made lagoon resulting from activity at the nearby geothermal power plant, Svartsengi.

The lagoon’s water is renewed every 48 hours and is filled with natural minerals that are great for the skin. As a major tourist attraction, The Blue Lagoon now has a hotel, restaurant, and many other amenities. Due to its popularity, you have to book your entrance time at the lagoon, days and sometimes even weeks, in advance to ensure you’ll get a spot.

The Comfort Package (and cheapest option) is $55. The Premium Package is $78, and the Luxury is $624. Iceland’s other blue bathing complex is the Myvatn Nature Baths in North Iceland. The Nature Baths are smaller than The Blue Lagoon and as a result, have a slightly more intimate feel. Admission to the Myvatn Nature Baths is $36-$40 depending on the time of year.

In order to best enjoy your Iceland trip, we suggest factoring all these various components into your budget ahead of time, but not worrying about the prices once you’re actually on the trip. Prices in Iceland are expensive, and it’s inevitable that you will be paying a lot of money to be there.

Go out and enjoy the stunning nature and fascinating culture of Iceland. It will all be worth it in the end. If you’re planning a trip to Iceland, or have already been and experienced having to carefully budget for your trip, feel free to tell us your thoughts or ask questions in the comments section.

Reader Interactions

June 28, 2020 at 6:10 pm

This is so useful!!! The best article i read so far about traveling to Iceland. Thank you ?

June 28, 2020 at 7:07 pm

Thank you so much!!!!

July 25, 2020 at 2:26 am

Thank you so much for taking time and laying out what the real cost of traveling could be. I am so glad that I found you page and can plan accordingly.

Thank you!!!!

July 25, 2020 at 3:29 am

Thank you for this kind comment! I hope you enjoy Iceland!

November 16, 2020 at 5:58 am

This is really amazing! Got all the info I was looking for. Can you suggest if it is more expensive to travel Iceland on solo with public transport/ rental car or just book a multiday trip from any tour agent?

December 5, 2020 at 4:22 am

You would have to do the pros and cons on your own! Everyone is different! And it depends on what you want to see and do! For me, going alone is well worth any possible extra cost so I can stay as long as I like in places!

January 11, 2022 at 8:42 pm

Thanks so much for the amazing information. I will be using this to plan my trip!

I am curious if you have any information on traveling in the later half of October? Any info will be greatly appreciated!

January 12, 2022 at 6:45 pm

Yes we sure do!! Here is our post about visiting Iceland in October!!! Good for Northern Lights! https://icelandtrippers.com/iceland-in-october/

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Discover the awe-inspiring beauty of Iceland – a land like no other! Lose yourself in its stunning natural wonders, from majestic volcanoes and glaciers to breathtaking waterfalls and therapeutic hot springs. Experience an unforgettable adventure that will leave you breathless and filled with wonder. Come and explore the ultimate destination that truly has it all – Iceland!

11D8N Majestic Faroe Islands & Iceland

Explore the Golden Circle

The Golden Circle is a popular tourist route in Iceland that takes you to some of the most breathtaking natural attractions in the country. This includes the Thingvellir National Park, the Gullfoss waterfall, and the Geysir hot springs.

Visit Reykjavik

Iceland’s capital city is a vibrant and colorful destination with plenty of things to see and do. Explore the city’s museums, art galleries, and street art, sample local cuisine, and take a dip in the geothermal pools.

See the Northern Lights

Iceland is one of the best places in the world to see the Northern Lights, also known as Aurora Borealis.

Explore the glaciers

Iceland is home to some of the largest glaciers in Europe, including the Vatnajökull glacier. Take a guided tour to explore these icy landscapes, go hiking, or even try glacier climbing or ice caving.

Relax in a hot spring

Iceland has a rich geothermal history, and there are plenty of hot springs scattered across the country. The Blue Lagoon is the most famous, but there are also many natural hot springs that are worth visiting, such as the Secret Lagoon or the Mývatn Nature Baths

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Trip to Iceland Cost: What You Need to Know 2024

June 25, 2023

Iceland, known for its stunning landscapes and natural wonders, is a captivating destination for travelers. While Iceland is generally considered a moderately expensive travel destination, there are ways to save money and travel on a budget.

When planning a trip to Iceland, it's essential to understand the major costs involved. On average, a round-trip ticket can cost between $500 and $1,500 per person, depending on the departure location and the time of year. Accommodation prices vary widely, with budget options starting from $50 per night and luxury options exceeding $300 per night. Public transportation in Iceland is reliable and efficient, with bus fares ranging from $3 to $20 depending on the distance. As for dining, exploring local eateries and food trucks can provide affordable options, with meals ranging from $10 to $30 per person.

A budget traveler in Iceland can expect to spend around $100 to $150 per day, including flights, accommodation, meals, and activities. Mid-range travelers can expect to spend around $150 to $300 per day. These estimates may vary depending on the specific itinerary, the season of travel, and the activities you choose to engage in. By planning ahead, utilizing money-saving tips, and being mindful of your expenses, you can experience the wonders of Iceland without breaking the bank.

How much does it cost for 2 nights and 3 days when traveling to Iceland?

Planning a 2-night, 3-day trip to Iceland? The cost can vary depending on factors such as your travel style, accommodation choice, transportation, and activities. Here's a rough estimate of the cost for a budget traveler:

• Flights: The cost of a round-trip ticket to Iceland from the US can range from $500 to $1,500, depending on your location.
• Accommodation: Budget hotels or hostels in Iceland can range from $50 to $150 per night. For 2 nights, the total cost for accommodation would be around $100 to $300.
• Transportation: A one-way subway or train ticket in Iceland can cost between $3 and $20. For 3 days of transportation, the total cost would range from $18 to $120.
• Food and drinks: At budget restaurants, a meal in Iceland can cost around $15 to $30 per person. Street food and convenience store meals can be even more affordable. The cost of drinks varies depending on the type and location, ranging from $5 to $15. For 3 days, expect to spend approximately $90 to $180 on food and drinks.
• Sightseeing and activities: There are popular attractions in Iceland that may be free or have a small entrance fee, such as exploring natural wonders or visiting local landmarks. Other attractions, such as guided tours or glacier hikes, may cost more, ranging from $50 to $200 per person. For 3 days of sightseeing and activities, plan for a cost range of $150 to $600.

For a budget traveler planning a 2-night, 3-day trip to Iceland, the total cost would be approximately $758 to $1,800. Keep in mind that these are rough estimates, and actual costs may vary depending on your travel style, chosen activities, and additional expenses.

How much does it cost for flights when traveling to Iceland?

The cost of flights to Iceland can vary depending on various factors such as the departure location, time of year, airline, and availability.

Generally, round-trip economy class tickets from major cities in the United States to Iceland can range from $400 to $1,200. However, prices may fluctuate based on the time of year, with peak travel seasons typically being more expensive.

It's important to note that airline prices are subject to change frequently, so it's always a good idea to check with a reputable travel booking website or airline for up-to-date pricing information.

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How much does it cost for hotels when traveling to Iceland?

The cost of hotels in Iceland varies depending on several factors such as the location, season, and the type of accommodation you're looking for. Generally, hotels in major cities like Reykjavik, Akureyri, and Hofn tend to be more expensive than hotels in smaller cities or rural areas.

In Reykjavik, the capital city of Iceland, the average cost range of a mid-range hotel room per night is around 15,000-30,000 ISK (approximately $120-$240 USD). Luxury hotel rooms in Reykjavik can cost anywhere from 30,000 ISK (approximately $240 USD) and above per night.

In other cities and smaller towns in Iceland, hotel prices are generally more affordable. You can find budget accommodations starting from around 10,000 ISK (approximately $80 USD) per night.

Please note that hotel prices in Iceland can fluctuate depending on the time of year and availability. It's advisable to book your accommodations in advance to secure the best rates.

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When it comes to the cost of food and dining in Iceland, there is a wide range of options and prices to consider. The cost can vary depending on factors such as the type of food, the restaurant's location, and the level of formality or luxury.

In general, the price range for meals in Iceland can be as follows (prices are given in local currency and approximate USD conversions):

• Street food or fast food: Around 1,500-3,000 ISK ($12-24)
• Casual dining or local restaurants: Approximately 3,500-6,500 ISK ($28-52)
• Mid-range restaurants: Expect to pay around 6,500-10,000 ISK ($52-80)
• High-end or luxury restaurants: Prices can range from 10,000 ISK ($80) and beyond

In addition to restaurants, there are other affordable options for food in Iceland. Convenience stores and supermarkets offer a variety of tasty and healthy food at reasonable prices. You can find sandwiches, salads, snacks, and drinks that are perfect for a quick and budget-friendly meal.

When it comes to tipping in Iceland, it's not customary to tip as it is in some other countries. The prices listed above generally reflect the final price you will pay, including taxes and service charges. However, if you receive exceptional service and would like to show your appreciation, a small tip is always welcomed.

It's important to note that prices can vary depending on the location and the time of year. Popular tourist areas and peak seasons may have slightly higher prices compared to more remote or off-peak destinations. It's always a good idea to check the menu prices and ask about any additional charges before ordering to avoid surprises.

How much does it cost for souvenirs when traveling to Iceland?

When it comes to souvenirs in Iceland, the cost can vary widely depending on what you're looking for, where you're shopping, and the quality of the item. From unique handcrafted items to traditional Icelandic products, there is something for everyone to bring back home as a memento of their trip.

Here are a few examples of popular souvenirs in Iceland and their approximate prices:

• Icelandic Wool Sweater: A classic Icelandic souvenir, these cozy wool sweaters are known for their warmth and intricate patterns. Prices can range from 10,000 ISK ($80) for a basic design to 30,000 ISK ($240) or more for a higher-quality or custom-made sweater.
• Icelandic Lava Jewelry: Made from volcanic rock and combined with metals or gemstones, Icelandic lava jewelry is a unique and stylish souvenir. Prices can vary depending on the complexity of the design, but expect to pay around 5,000-15,000 ISK ($40-120) for a beautiful piece.
• Icelandic Skyr: Skyr is a traditional Icelandic yogurt-like dairy product that has gained popularity worldwide. It makes for a delicious and lightweight souvenir to take home. A single serving container of skyr can cost around 200-400 ISK ($1.60-3.20), depending on where you purchase it.
• Icelandic Puffin Souvenirs: Puffins are an iconic bird species in Iceland, and you'll find a wide range of puffin-themed souvenirs, including plush toys, keychains, and artwork. Prices for puffin souvenirs can range from 1,000-5,000 ISK ($8-40), depending on the item and its quality.

It's worth noting that many souvenir shops in tourist areas have fixed prices, but there may be room for negotiation in other types of stores, such as flea markets or antique shops. Additionally, prices can fluctuate depending on the time of year and the demand for certain items. To make sure you're getting the best value, it's recommended to shop around, compare prices, and ask locals or fellow travelers for recommendations.

So, whether you're in search of a cozy wool sweater, a unique lava jewelry piece, a taste of Icelandic skyr, or a charming puffin souvenir, Iceland offers a variety of options to suit different tastes and budgets. Don't forget to leave some space in your suitcase to bring back a piece of Iceland with you!

How much does it cost for transportation when traveling to Iceland?

When it comes to getting around in Iceland, the cost of transportation can vary depending on the mode of transportation and the distance traveled. Whether you're exploring the vibrant city of Reykjavik or venturing out to the breathtaking landscapes of the countryside, here are some approximate costs to keep in mind:

• Bus : Local bus fares in Reykjavik typically start at around 470 ISK ($3.80) for a single journey within the city. Longer-distance bus trips can range from 2,000-10,000 ISK ($16-80), depending on the destination.
• Train : Iceland doesn't have a widespread train network, so train travel is not a common mode of transportation within the country.
• Taxis : Taxis in Iceland can be quite expensive. Starting fares are usually around 800-1,000 ISK ($6.40-8), with additional charges per kilometer. It's recommended to check the taxi fare with the driver before starting your journey.
• Rental Car : Renting a car in Iceland is a popular option for exploring the country's scenic routes and remote areas. Prices for rental cars vary depending on the type of vehicle, rental duration, and time of year. On average, expect to pay around 8,000-20,000 ISK ($64-160) per day for a basic car rental.

While Iceland doesn't have specific nationwide transportation passes, there are various regional and city-specific cards available that offer discounts on public transportation, museums, and attractions. For example, the Reykjavik City Card provides unlimited travel on buses within the city and free admission to many museums and attractions.

It's important to note that the cost of transportation in Iceland can be higher compared to some other countries. However, it's also worth mentioning that Iceland's natural beauty and unique landscapes make the journey itself an unforgettable experience.

How much does it cost for sightseeing when traveling to Iceland?

When you're visiting Iceland, the cost of sightseeing can vary widely depending on the location, attraction, and activity you choose to explore. From majestic waterfalls to geothermal wonders and captivating cultural sites, here are some approximate costs to help you plan your sightseeing adventures:

• Museums and Galleries:
• The National Museum of Iceland: Admission fees for adults range from 2,000-2,200 ISK ($16-18), while children under 18 can enter for free.
• The Reykjavik Art Museum: Prices vary depending on the specific exhibition, but the general admission fee is around 2,000-2,500 ISK ($16-20) for adults.
• The Perlan Museum: Ticket prices for adults start at around 3,500 ISK ($28), with discounts available for children, students, and seniors.
• Tours and Activities:
• Golden Circle Tour: This popular tour takes you to some of Iceland's most iconic sights, including the Geysir geothermal area, Gullfoss waterfall, and Þingvellir National Park. Prices start around 8,000-15,000 ISK ($64-120) per person, depending on the duration and inclusions.
• Glacier Hiking: Embark on a thrilling glacier hiking adventure on one of Iceland's magnificent glaciers. Prices for guided glacier hikes can range from 10,000-20,000 ISK ($80-160) per person.
• Northern Lights Tour: Witnessing the mesmerizing Northern Lights dancing across the night sky is a must-do experience in Iceland. Prices for Northern Lights tours start at around 8,000 ISK ($64) per person, with variations depending on the tour operator and additional inclusions.

It's worth noting that while some attractions and activities in Iceland may come with a price tag, there are also many free or low-cost sightseeing options available. You can explore the beautiful landscapes, go on self-guided walking tours, visit public parks, and marvel at the country's natural wonders without spending a fortune.

To make the most of your sightseeing budget, consider looking for deals and discounts offered by tour operators, checking for combo tickets or packages, and taking advantage of any available seasonal promotions. Additionally, keep in mind that prices can vary depending on the time of year, so it's a good idea to plan ahead and book in advance whenever possible.

How much does it cost for Wi-Fi & communication when traveling to Iceland?

When planning a trip to Iceland, it's important to consider the cost of Wi-Fi and communication to stay connected while exploring this beautiful country. Let's dive into the options and cost range for accessing Wi-Fi in Iceland.

One popular option for travelers is renting a Wi-Fi router . Depending on the rental company and plan, the cost can range from affordable to more expensive. This allows you to have a portable Wi-Fi hotspot wherever you go, ensuring a reliable internet connection throughout your trip.

Another convenient choice is purchasing a SIM card . Different data plans and providers are available, offering various benefits and prices. You can choose a plan that suits your data needs and budget. Having a local SIM card enables you to make calls, send messages, and access the internet at local rates.

Additionally, Iceland provides free Wi-Fi hotspots in various locations. These include popular tourist spots, cafes, restaurants, and shopping centers. So, even if you don't rent a router or purchase a SIM card, you can still connect to the internet in certain areas without any additional cost.

It's worth noting that some hotels and accommodations in Iceland offer free Wi-Fi for their guests. Before booking your stay, make sure to check if the place you're considering provides complimentary internet access.

For those who prefer using smartphone apps, there are certain applications that provide access to free Wi-Fi hotspots throughout the country. Examples include "Wi-Fi Finder" and "Free Wi-Fi Map," which help you locate nearby hotspots and connect to the internet without using your data plan.

The cost of Wi-Fi and communication in Iceland can vary depending on the method of access and the data plan you choose. However, with the availability of rental Wi-Fi routers, SIM cards, and free Wi-Fi hotspots, there are plenty of options for travelers to stay connected during their visit.

How much does it cost for a passport when traveling to Iceland?

Planning a trip to Iceland? Don't forget to factor in the cost of a passport for your travel needs. The price of a passport can vary depending on your country of citizenship and the type of passport application you're making.

Let's break down some general guidelines for passport fees in different countries:

• In the United States, the cost of a new passport book for an adult (16 years or older) is $145, while a child's passport (under 16 years) is $115. Expedited service for an additional fee is available.
• In the United Kingdom, the cost of a standard adult passport is £75.50, while a child's passport is £49. Expedited service for an additional fee is available.
• In Australia, the cost of a new adult passport is AUD $298, while a child's passport is AUD $148. Expedited service for an additional fee is available.

It's important to note that passport fees can vary depending on the country of citizenship and the type of application. Additionally, some countries may require additional fees for visa applications or other travel documents. It's always a good idea to check with your local embassy or consulate for the most up-to-date information on passport and visa requirements and fees.

How much does it cost for insurance when traveling to Iceland?

The cost of travel insurance for your trip to Iceland can vary depending on several factors. These factors include your age, the duration of your trip, the type of coverage you require, and the insurance provider you choose. To help you understand the cost range of travel insurance, here are some general guidelines:

• Single Trip Insurance: For a single trip to Iceland, the cost of travel insurance typically ranges from $50 to $200, depending on the coverage level and duration of your trip. This type of insurance provides coverage for a specific trip and is suitable for travelers who don't take frequent trips throughout the year.
• Annual Travel Insurance: If you're a frequent traveler and plan to visit Iceland multiple times within a year, an annual travel insurance policy might be more cost-effective. The cost of an annual travel insurance policy for Iceland can range from $200 to $800, depending on your age, coverage needs, and the insurance company.
• Comprehensive Travel Insurance: For travelers seeking extensive coverage and peace of mind, a comprehensive travel insurance policy is recommended. This type of policy covers a wide range of scenarios, including trip cancellation, medical emergencies, baggage loss, and more. The cost of comprehensive travel insurance for Iceland can range from $100 to $500 or more, depending on factors such as age, trip duration, and coverage limits.

When considering travel insurance, it's important to shop around and compare policies from different providers. This allows you to find the coverage that best suits your needs and budget. Take the time to carefully read the policy details, including any deductibles or exclusions, to ensure you understand what is and isn't covered.

Furthermore, it's worth exploring other options for travel insurance. Some credit cards and travel booking sites offer travel insurance as a benefit or add-on, which can be a convenient and potentially cost-effective option. Remember, travel insurance provides valuable protection and financial security during your trip to Iceland. By understanding the cost range and comparing different policies, you can make an informed decision that safeguards your travel experience.

How much does it cost for family, couples or single when traveling to Iceland?

When planning a trip to Iceland, it's important to consider the cost of traveling, as it can vary depending on various factors. Here's an overview of the estimated costs for a trip to Iceland:

• Airfare: The cost of airfare to Iceland can vary based on your departure city and the time of year. On average, a round-trip ticket from the United States to Iceland can range from $400 to $1,000 per person.
• Accommodation: The cost of accommodation in Iceland will depend on the type of lodging and location you choose. For budget travelers, a night at a budget hotel or hostel can range from 7,500 to 15,000 ISK (approximately $60 to $120 USD). Mid-range hotels typically range from 15,000 to 30,000 ISK (approximately $120 to $240 USD) per night. Luxury hotels and ryokans can cost anywhere from 30,000 ISK (approximately $240 USD) and above per night.
• Food and Drink: When it comes to dining in Iceland, prices can vary depending on the type of cuisine and the level of luxury. A budget meal at a local restaurant can range from 2,500 to 5,000 ISK (approximately $20 to $40 USD) per person, while a mid-range meal can range from 5,000 to 10,000 ISK (approximately $40 to $80 USD) per person. A cup of coffee typically costs around 500 to 800 ISK (approximately $4 to $6 USD), and a beer can range from 1,000 to 1,500 ISK (approximately $8 to $12 USD).
• Transportation: Transportation costs in Iceland can vary based on your chosen mode of travel and distance. A single metro or train ticket within the city can range from 450 to 600 ISK (approximately $4 to $5 USD). If you plan to take a long-distance bullet train, expect to pay around 7,000 to 12,000 ISK (approximately $55 to $95 USD) per ticket. Taxis and car rentals are additional transportation options that will add to your overall expenses.

Considering all the factors mentioned above, the overall cost of traveling to Iceland can range from a few hundred to several thousand dollars per person. For a trip to Iceland, including airfare, accommodation, food, and transportation, you can expect costs to range from $1,500 to $5,000 per person, depending on your travel style and preferences. This cost range applies to families, couples, and single travelers alike.

It's worth noting that these are approximate estimates, and actual costs may vary depending on your specific choices and travel arrangements. However, by considering these cost ranges, you can better plan and budget for your trip to Iceland.

Methods to Save Money When Traveling to Iceland

There are several ways to save money when traveling to Iceland. By following these tips, you can enjoy all that this beautiful country has to offer while keeping your budget in check. Here are some money-saving tips for your trip to Iceland:

• Visit during the shoulder season: If you can travel during the shoulder season, which typically falls between April and May or September and October, you may find lower prices on flights and accommodation. Avoiding the high season, which is usually during the summer months, can help you save money while still experiencing Iceland's stunning landscapes and attractions.
• Use public transportation: Instead of relying on taxis or rental cars, opt for public transportation options such as buses and trains. Iceland has a well-connected network of buses that can take you to popular tourist destinations at a fraction of the cost of private transportation.
• Eat like a local: Look for local restaurants and street food vendors that offer affordable options. Trying traditional Icelandic dishes like hot dogs, fish and chips, and lamb stew can be both delicious and budget-friendly. Additionally, convenience stores such as Bónus and Krónan offer affordable and tasty meals, including sandwiches and snacks.
• Stay in budget accommodations: Consider staying in budget accommodations like hostels or guesthouses, which are often more affordable than hotels. Many hostels in Iceland offer private rooms in addition to dormitory-style accommodations, providing flexibility and cost savings for travelers.

Take advantage of free attractions: Iceland boasts numerous natural attractions that don't require an entrance fee. Explore stunning waterfalls like Seljalandsfoss and Skógafoss, walk along black sand beaches, visit geothermal areas like Geysir and Strokkur, and marvel at the beauty of national parks such as Þingvellir. You can also find free museums and art galleries in cities like Reykjavik.

By following these tips, you can save money without compromising your experience in Iceland. Traveling during the shoulder season, using public transportation, enjoying local cuisine, opting for budget accommodations, and exploring free attractions will help you make the most of your trip while keeping your expenses in check. Embrace the adventure and beauty of Iceland while being mindful of your budget.

Tips for Traveling to Iceland

Traveling to Iceland can be an exciting and memorable experience, but it's important to be prepared and informed before you go. Here are some useful tips for traveling to Iceland:

• Learn some basic local phrases: It's helpful to learn some basic Icelandic phrases like "hello" ("halló"), "thank you" ("þakka þér") and "excuse me" ("fyrirgefðu"). This can make it easier to communicate with locals and show your respect for the local culture.
• Follow local customs and etiquette: Iceland has unique customs and etiquette rules. For example, it is customary to take off your shoes when entering someone's home. Be sure to read up on local customs and etiquette before you go to avoid any cultural misunderstandings.
• Carry cash: While credit cards are widely accepted in Iceland, some smaller businesses may only accept cash. It's a good idea to carry some cash with you, especially if you plan to visit more rural areas or small towns.
• Use public transportation: Public transportation is a convenient and cost-effective way to get around Iceland, especially in larger cities like Reykjavik. The bus system is well-developed and can take you to popular tourist destinations.
• Purchase a prepaid transportation card: If you plan to use public transportation in Iceland, consider purchasing a prepaid transportation card like the "Straeto Card." This card can be used on most public transportation systems and makes it easy to pay for fares without having to purchase tickets each time.
• Take advantage of free Wi-Fi: Many train stations, convenience stores, and tourist attractions in Iceland offer free Wi-Fi. You can also rent a pocket Wi-Fi device or purchase a SIM card for your phone to stay connected during your trip.

Be mindful of the weather: Iceland's weather can be unpredictable, so be sure to check the weather forecast before you go and pack accordingly. In summer, the weather is generally mild with temperatures ranging from 10 to 20 degrees Celsius (50 to 68 degrees Fahrenheit). In winter, it can be much colder with temperatures ranging from -5 to 5 degrees Celsius (23 to 41 degrees Fahrenheit). It's important to dress in layers and bring appropriate clothing for the season. By following these tips, you can have a smoother and more enjoyable trip to Iceland.

Trip to Iceland Cost

Are there any budget-friendly activities to do in Iceland?

How much should i budget for fuel expenses in iceland, are there any entrance fees for popular attractions in iceland, are there any hidden costs when traveling to iceland, is it necessary to book tours in advance, and what is the average cost.

• 1. How much does it cost for 2 nights and 3 days when traveling to Iceland?
• 2. How much does it cost for flights when traveling to Iceland?
• 3. How much does it cost for hotels when traveling to Iceland?
• 4. How much does it cost for food when traveling to Iceland?
• 5. How much does it cost for souvenirs when traveling to Iceland?
• 6. How much does it cost for transportation when traveling to Iceland?
• 7. How much does it cost for sightseeing when traveling to Iceland?
• 8. How much does it cost for Wi-Fi & communication when traveling to Iceland?
• 9. How much does it cost for a passport when traveling to Iceland?
• 10. How much does it cost for insurance when traveling to Iceland?
• 11. How much does it cost for family, couples or single when traveling to Iceland?
• 12. Methods to Save Money When Traveling to Iceland
• 13. Tips for Traveling to Iceland

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