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How A lot Does An Iceland Journey Price in 2023: Detailed Funds Breakdown

An Iceland trip is rarely ‘low cost,’ even when you plan it on a strict price range. The nation is named an costly vacation spot. You’ll must get savvy to save cash in your journey to Iceland. The typical Iceland journey value is $200-300 per day – with out factoring in essentially the most extortionate (but implausible) issues to do in Iceland. 

Average Iceland Trip Costs

Sure actions, like snorkeling between the tectonic plates, can value that only for one journey. And also you’ll must think about rental automotive prices when you plan to enterprise anyplace exterior of Reykjavik, the capital metropolis, that day journeys don’t cater to. All issues thought-about, you possibly can shortly see how issues add up. Maximizing your price range as a lot as potential is important so that you don’t miss out on memorable actions and experiences. So, let’s determine an Iceland price range collectively.

How A lot a Journey to Iceland Prices

Iceland Trip Cost How much Hallgrimskirkja Cathedral Reykjavik

If you go to Iceland, all of your choices affect your last Iceland journey price range – be it rental automobiles or non-public rooms. On this information, we’ll give you all the typical journey value components so you possibly can construct an thought of what price range you’ll want as a person visiting Iceland. We’ll cowl every thing, from lodging costs to meals prices and the prices of among the most sought-after excursions.

Airfare Price

Iceland Trip Cost Keflavik Airport

Airfare gained’t be a large a part of your Iceland journey price range. Relying on the place you journey, the typical worth of flights is only some hundred {dollars}. The typical flight from the east coast of the US to Iceland is simply $450 return, which will get even cheaper if you end up flying to and from Europe. In comparison with flying to different locations, particularly Australasia, Iceland will not be costly to succeed in airfare-wise.

Even then, it can save you cash when visiting Iceland by profiting from low season flights and utilizing air miles. Look into airline reward applications like British Airways, Qantas, and Delta SkyMiles. Airline loyalty applications get a foul rep for not truly being worthwhile. Nonetheless, selecting properly and actively saving factors generally is a useful gizmo to get low cost flights. At all times examine flight costs through the use of web sites and instruments like Skyscanner – at all times utilizing a personal browser, in fact, since these pesky cookies hike up costs on flights you view.

Iceland Trip Cost Keflavik icelandair Boeing 757

How versatile are you together with your Iceland trip as properly? It’s price noting that when you fly from Europe to North America with Icelandair, they provide a complimentary layover in Reykjavik, which you’ll be able to prolong to anyplace between 1 to 7 days when you’d like a mini journey to Iceland. It is a good manner of compressing in an Iceland trip at a less expensive worth than direct flights normally value. If you’re already making this journey, realizing about this little tip is helpful. Why not make the most of a stopover you’ll already be making and make the most of Icelandair’s usually cheaper flights? Simply image it; you may mix London, New York, and Iceland in a single journey.

As you possibly can see, your Iceland trip value won’t be massively impacted by flight costs. Nonetheless, if you wish to take further steps to cut back the price of your journey to Iceland, there are a couple of methods you possibly can have up your sleeve. It’s best to price range $500 most for return flights to Iceland from North America or Europe with a mid-range airline.

However when you fly low season and from particular locations like London, you possibly can snag flights for as little as $100 return. The extra versatile you might be, the decrease your airfare price range must be. And, in fact, the extra prepared you might be to fly exterior of peak season, the higher offers you’ll discover. Our recommendation is to get searching on Skyscanner or a flight comparability software equal.

  • Funds: $500 for return flights or underneath $200 in case you are versatile and departing from Europe.

Lodging Costs

Iceland Trip Cost accommodations

Lodging costs in Iceland are steep. It’s surprisingly steep, truly. Lodging prices are one of many largest chunks of the typical journey price range when visiting Iceland. Even essentially the most primary of resort rooms are extraordinarily costly, much more so when taking a look at mid-range resorts and – God forbid – luxurious resorts. It’s also price noting that the most cost effective hostels and greatest value-for-money properties get snapped up shortly. In distant areas of Iceland, you shortly grow to be brief on choices. Examine costs when reserving lodging in Iceland, but in addition be sure you don’t stall an excessive amount of and guide far sufficient prematurely to keep away from lacking out on the perfect costs.

Hotel Cost in Iceland

In the event you act shortly and guide prematurely, the common worth for a price range resort is $150 per evening. For a three-day journey, you possibly can anticipate to pay round $499; for per week, you’re looking at $1,047. In the event you don’t guide prematurely, these costs rise as you might be left to entrance payments to remain in additional luxurious resorts and trip leases than you normally would select. It additionally pays to think about location, as sure areas could have dearer resort rooms, like on the Ring Street and Golden Circle.

Typical costs common $150 per evening, however keep in mind that that is throughout throughout Iceland as a basic common. Be ready to spend extra in sure areas. When planning a visit to Iceland, value is a big issue when selecting lodging, and that you must be fast-thinking to get the perfect offers.

These are a couple of examples of common lodging prices in several Iceland resorts:

Hofn Cottages

Hofn Cottages are as budget-friendly as lodging will get in Iceland. These primary cabins value simply $70 per evening; you get your personal patio and cooking services. These promote out shortly. However their distant location means barely cheaper costs.

Reykjavik Konsulate Lodge

This mid-range resort in Reykjavik prices roughly $250 per evening, however you possibly can see why. It has a classy design and an onsite wellness middle and fitness center. It’s a shiny model of a mid-range keep within the capital, and it has an excellent location to get pleasure from central Reykjavik.

Lodge Ranga

This luxurious resort prices upwards of $500 for a median room. It’s a good instance of top-tier luxurious in Iceland. In the event you sleep by means of the magical phenomenon, you get a star gazing observatory onsite and even northern mild wake-up calls. Oh, and also you get volcano views out of your window.

  • Funds: $150 per evening for the typical fee for an inexpensive resort.


Iceland Trip Cost driving in iceland

Concerning transport in Iceland, that you must understand one main factor – transport barely exists exterior the realm of rental automobiles. Vacationers fly into Iceland’s Keflavik Worldwide Airport, situated simply exterior of Reykjavik’s capital; from there, you possibly can manage a shuttle service into town middle. Reykjavik itself is admittedly walkable and a tiny metropolis, far more like a city than an precise metropolis, not to mention a ‘typical’ capital metropolis.

Iceland has a minimal bus service. It isn’t protected to depend on public transport in very distant areas. We wouldn’t suggest it in case you are venturing out of Reykjavik or the primary settlement areas.

In the event you keep in Reykjavik and don’t lease a automotive, you possibly can manage tour experiences to take you to the primary vacationer sights. For example, you may get excursions to the Blue Lagoon, Golden Circle, and Ring Street on the South Coast. 

It’s also possible to get excursions to experiences like horseback using on black sand seashores, mountain climbing on glaciers, seeing exploding volcanoes, and snorkeling between the tectonic plates at Silfra. The caveat is that you’ll pay lots of of {dollars} for every of those experiences, virtually like paying for mini holidays in your precise vacation. In the event you don’t need to lease a automotive, you possibly can nonetheless get pleasure from Iceland, however be ready to splurge a bit on reserving non-public tour day journeys. It’ll rocket the entire value of the typical Iceland price range.

Iceland Trip Cost Transportation Cars

One of the best ways to get out of Reykjavik and see Iceland is to guide a rental automotive. If you’re questioning ‘how a lot does it value to lease a automotive,’ it relies on which automotive rental firms you take a look at, what season you go to, and whether or not you need a camper van or not. The most cost effective choice is a automotive, for which you should purchase a tent and camp or guide low cost resorts.

Or you possibly can spend extra upfront on a camper van and have the entire street journey expertise, saving cash on lodging. With rental choices, you may embark on the traditional week street journey alongside the South Coast and full the traditional Ring Street street journey. It’s the most liberating type of transportation round Iceland. And also you’ll save a great deal of cash by avoiding the aforementioned costly organized day journeys whereas opening as much as extra free sights and off-the-beaten-track experiences.

  •  Funds: $350 plus $100 petrol for per week of hiring a rental automotive, or roughly $870 on transfers for day journeys and airport journeys.


Iceland Trip Cost Food

Meals is one other vital expense on the subject of visiting Iceland. When calculating a visit to Iceland value, you need to put aside not less than $500 per week as a meals price range. For $500, you possibly can afford a couple of meals at native eating places, a meals store at one of many cheaper grocery shops, and some drinks on an evening out. Meals costs are excessive in Iceland, particularly for imported and taxed items. Nonetheless, you possibly can quickly chip the value tags down in case you are versatile with attempting native manufacturers.

Want an thought of what meals costs are in Icelandic grocery shops? They aren’t extortionate, however you possibly can see that some merchandise have a lot increased costs than others. You must also have an ISK to USD calculator prepared, because the conversion is a bit whacky. Common meals costs embody:

  • $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 rooster fillets

It’s also price mentioning that Iceland is legendary for its scorching canine. An ordinary tip for saving cash is to snack on a scorching canine for lunch as an alternative of sitting in at native eating places. The sausages are served on little takeaway carts and are some of the conventional, budget-friendly Icelandic dishes.

They date again to the Viking period and are referred to as ‘bjuga’ sausages. Purchased at little road stands, these scorching canine value as little as $2.50 – an actual cut price. This enjoyable little tip could be extra aimed toward novelty than real cash saving, however the spirit and total that means are spot on. Keep away from sitting down commonly to eat to save cash, and keep in mind that native specialties are your greatest pal.

Iceland Trip cost Food Hot Dogs

Do not forget that if you wish to get pleasure from grocery retailer meals in Iceland, you need to have cooking services. And that is the place the lodging crossover is available in. It’s best to guide lodging with non-public kitchen services in an condo or a shared kitchen in a hostel or homestay atmosphere.

By selecting this lodging setup, you possibly can simply nonetheless have a meals price range of $500. In the event you keep in a resort and don’t have entry to a kitchen, anticipate costs of round double the identical interval. The typical meal worth is sort of $120 for 2 individuals at a mid-range restaurant, which shortly provides up.

Meals is $500 per week when you eat out a few instances and have a kitchen in your lodging. Alternatively, your meals price range will probably be nearer to $ 1,000 per week when you anticipate to eat out each day.

  • Funds: $500 per week for consuming out a few instances after which cooking in with grocery-bought meals, or $1000 for consuming out all week.

Excursions and Actions

Iceland Trip Cost tours and activities whale watching

Leisure costs are the place the vast majority of your price range will are available – particularly when you don’t rent a automotive and as an alternative depend on guided day journeys. These guided excursions can attain costs of over $300, and when you plan on doing 4-5 actions, you possibly can see how this begins so as to add up. You’ll be able to take guided journeys to the Golden Circle, whichever volcano is exploding and attracting enamored vacationers, and do issues like snorkel between the tectonic plates or spot the northern lights. All these items come at a price, however on the similar time, you don’t need to miss out on any dream excursions. This little conundrum is what makes visiting Iceland so costly. And in addition, so spectacular – you wouldn’t need to keep someplace with nothing to see, would you?

Beneath are among the prime excursions in Iceland. Don’t neglect to plan forward when visiting Iceland!

One option to make this cheaper is to lease a automotive. Particular day journeys, particularly ones to see pure magnificence spots or spot the northern lights, are simply replicated without spending a dime other than petrol prices when you lease a automotive. By paying a single upfront price for a automotive rental, you possibly can choose fascinating excursions and full them independently – just like the Golden Circle, Ring Street, and issues like the perfect Icelandic waterfalls.

Positive, issues like a ship tour to see whales or glacier mountain climbing experiences require a information. Nonetheless, a number of Iceland might be visited independently with a rental automotive. Even northern lights searching might be accomplished by your self and and not using a information. To be trustworthy, most Northern Lights excursions are simply guessing and driving to distant spots anyway. Obtain one of many many maps and get up-to-date info on predictions in an effort to exit it alone, less expensive.

Iceland Trip Cost Tours

Alcohol costs can get actually costly in Iceland, so we propose stopping by a duty-free store or reducing alcohol to chop prices. Nightlife can get understandably costly in Iceland, so whereas partying might be enjoyable and a brief evening out might be budget-friendly in Reykjavik (when in Rome, proper?), stick to only the odd evening out if potential.

It’s price including that clothes is a further value when having fun with day journeys and actions in Iceland. You’ll doubtless must put money into a winter wardrobe with some merino additions; thermal garments are vital throughout most months in Iceland. You’ll be able to’t compromise on this, and we’d suggest benefiting from clothes gross sales within the run-up to your journey to Iceland. With correct clothes, you may be heat. And when you aren’t heat, how will you get pleasure from your expertise? Profit from your cash by investing well in appropriate clothes to your actions beforehand.

So, how a lot do you have to price range for excursions and actions in Iceland? And what do you have to price range for the extra value of buying appropriate clothes for every tour beforehand? These are our budgeting stats for per week in Iceland and not using a automotive rental:

  • $1,200 for four-day journeys with an organized tour operator, together with transportation.
  • $200 for appropriate clothes, together with two Merino prime and backside base layers and sneakers.
  • $200 for a few nights out in Reykjavik.

Complete: $1,600

As you possibly can see, having a automotive rental makes a substantial distinction when budgeting for excursions and actions in Iceland. These are our stats for per week in Iceland with a automotive rental:

  • $400 for four-day journeys, together with two organized excursions with out transportation and two free experiences.
  • $100 gasoline.
  • $200 for appropriate clothes, together with two Merino prime and backside base layers and sneakers.
  • $200 for a few nights out in Reykjavik.

Complete: $900

  • Funds: And not using a automotive, anticipate to pay round $1,600 over a week-long interval, whereas with a automotive, this totals as much as about $900.

Total Journey Price

Iceland Trip Cost overall Gljufrabui Waterfall

So, when you’ve been frantically attempting so as to add issues up, don’t fear; we’ve bought you. That is how a lot touring to Iceland prices, not together with your journey insurance coverage. We’ll acknowledge the primary influencing components in every budgeting space – whether or not you lease a automotive, go to in off or shoulder seasons, and guide lodging with cooking services. That is exactly how a lot it’s best to price range to go to this lovely nation.


Airfare prices roughly $500 for a return journey to Iceland whenever you fly from Europe or North America. Nonetheless, in case you are flying from Europe, are versatile with visiting in off or shoulder seasons, and fly with mid-range airways, price range lower than $200 for return flights.


For lodging, it’s best to price range $150 per evening for a median however cheap-ish resort someplace fairly well-located. If you’re prepared to compromise on location, you possibly can choose up cheaper lodging for round $70 per evening. Or, if you would like luxurious lodging, be ready to pay as much as $500 per evening. With all lodging sorts, guide early to safe the perfect charges.


Determining a transport price range is a tricky one. In the event you get a rental automotive, it’s best to price range $350 for renting the automobile upfront for per week and roughly $100 on gasoline. In the event you don’t lease a automotive, you possibly can simply discover Reykjavik on the bus for as little as a couple of {dollars} every time. Nonetheless, you’ll spend much more on transfers, and we estimate an $800 distinction in your day journeys and tour prices versus self-drive sights. You must also add airport transfers at over $70 for return tickets on the shuttle bus. For per week in Iceland, price range $450 for transportation when you rent a automotive and $870 for transportation when you depend on shuttles.

Iceland Trip Cost transportation Reykjavik


The message is straightforward relating to meals: discover lodging with a kitchen to make the most of grocery retailer costs. Funds $500 if you wish to eat out a few instances after which cook dinner the remainder of the time. Funds $1000 when you plan on consuming out every single day for many if not all, meals.

Excursions and Actions

Excursions and actions are your essential value when visiting Iceland, particularly when you don’t lease a automotive. And not using a automotive, anticipate to pay round $1,600 over per week, whereas with a automotive, this totals as much as about $900.

10 High Cash Saving Suggestions

Iceland Trip Cost Fjadrargljufur Canyon

Are you prepared to chop some cash off that common Iceland journey value we’ve simply given you? If you’re up for the problem, there are methods to save cash when visiting Iceland. In any case, a median worth is strictly that – a median worth of what most individuals spend once they go to. You are able to do higher than that when you make the most of our prime 10 tips about lowering your Iceland journey value and saving your helpful cash.

Something from automotive leases to hostels, and even some lesser-known issues like campsites and bus passes, could make a large distinction to what your vacation to Iceland prices. So, buckle up and put together to jot these prime money-saving suggestions down. Utilizing these may knock lots of, and even perhaps hundreds, off your Iceland price range.

1. Go to Off-Season

Iceland Trip Cost glacier visit

It goes with out saying, however visiting Iceland within the low season is one of the best ways to save cash. Iceland will get tremendous busy over winter when vacationers flock to get pleasure from snow sports activities and attempt to spot the northern lights. If you wish to do these items, why not go to in February or late January? Avoiding the December crush by selecting these shoulder seasons is the proper option to snag diminished excursions and day journeys, plus discover cheaper resort charges because of decrease reserving competitors.

After all, in case you are versatile together with your Iceland actions, visiting within the low season is even higher. June till October is ideal for decrease automotive rental charges, cheaper resorts, and tour offers. Do not forget that this era has sure tour and attraction closures, and also you doubtless will miss the northern lights. This season can be well-known for the midnight solar, the place Iceland stays mild for twenty-four hours a day.

2. Purchase From Grocery Shops

Iceland Trip Cost Grocery Store food

Grocery shops are a lot cheaper than native eating places. You don’t need to keep on with a price range whereas consuming out for each meal as a result of it simply gained’t occur. The typical value for a two-person meal at a mid-range restaurant in Reykjavik is almost $120. A median McDonald’s meal is over $16. Grocery costs are far more affordable, like $1.60 for a liter of milk or $3.44 for apples.

Shopping for meals from grocery shops may sound apparent, however this solely works successfully when you’ve discovered lodging with a kitchen, so this can be a catch-22. We’d recommend discovering a communal kitchen or condo resort to benefit from this money-saving method. Belief us, it will likely be price it.

3. Hire a Automotive

Iceland Trip Cost islandic tour rental car drive around

This may sound dearer at first, however renting a automotive is among the greatest methods to discover Iceland on a price range – particularly if you wish to sightsee quite a bit. It is because excursions are some of the costly in a median Iceland journey value. Corporations cost extortionate quantities (we’re speaking lots of of {dollars}) for easy issues like transfers. In the event you lease a automotive, sure, it will likely be an preliminary upfront funding, however you’ll save lots of if you are going to buy greater than 2-3 day journeys. With the ability to drive your self is among the greatest methods to chop journey prices in Iceland. Test charges right here!

4. Take Benefit of Free Points of interest

South Coast Iceland Fagrifoss

In the event you lease a automotive, it additionally stands you in good stead for saving cash – having fun with Iceland’s free sights. Iceland has a ton of free sights, be it waterfalls or the gorgeous geothermal space at Geysir. If you’re road-tripping Iceland, you possibly can cease at these locations without spending a dime and shortly construct a low-cost itinerary. Everybody is aware of Iceland is pricey, however with some analysis, you possibly can quickly discover budget-friendly and sometimes fully free issues to do.

5. Attempt Tenting

Iceland Trip Cost Camping in tents

Tenting is among the greatest methods to save cash whereas visiting Iceland. You’ll be able to camp in one in all two methods – with a campervan or by renting or bringing a tent. It goes with out saying that this can be a higher thought in summer time (learn: don’t try in chilly climate). Nonetheless, when you go to Iceland at a heat time of 12 months, it’s a good option to cut back lodging costs. You’ll discover campsites throughout Iceland, so that is additionally some of the simple money-saving tricks to put into observe.

6. Check out a Bus Cross

Iceland Trip Cost Bus stop

We’ll preface this by saying that bus connections are restricted. You’ll solely be capable to use the bus community to entry particular locations at particular instances, so that you’ll have to be joyful to make use of a reasonably inflexible journey type if you’ll make the most of this journey hack. Nonetheless, in case you are joyful to paint between the traces to avoid wasting your self some money, bus passes are properly price trying into. You pay a single flat fee price and get limitless use of the bus community for a chosen interval. This protects you cash on in any other case costly day journeys or automotive leases. And when you don’t have a driving license, it’s the most cost-effective various.

7. Purchase Alcohol From Obligation-Free Retailers

Iceland Trip Cost Duty Free

One other big tip is to purchase alcohol from duty-free retailers. In the event you can choose up alcohol from the airport whenever you land, it is going to prevent a ton of cash in your journey to Iceland since alcohol is closely taxed. The duty-free store is your greatest pal if you would like a elaborate tipple. With that mentioned, although, a greater strategy can be not consuming whereas visiting Iceland. Iceland truly banned alcohol in 1915, and the ban was solely absolutely lifted in 1989 – which is now hailed as beer day. The nation has a longstanding political objection to the consumption of alcohol. If you wish to save substantial cash when visiting, it’s best to do your greatest to conjure up a monetary objection.

8. Discover Scorching Springs that Aren’t the Blue Lagoon

Iceland Trip Cost Blue Lagoon

The Blue Lagoon is dreamy; we’ll be the primary to confess it. Nonetheless, to save cash on visiting Iceland, it’s best to contemplate options. You’ll be able to learn all in regards to the Blue Lagoon right here, created utilizing a manufacturing unit’s thermal byproducts. However additionally it is price taking a look at free scorching springs you possibly can go to in Iceland. Positively take a look at options to mainstream vacationer sights.

9. Skip Bottled Water

Iceland Trip Cost dont buy water

Skip the bottled water; severely, Iceland has among the purest faucet water on the earth. Bottled water is a massively pointless expense, so convey a refillable water bottle and minimize the {dollars} you spend in your journey to Iceland. After all, lowering plastics additionally helps the atmosphere – an enormous win-win state of affairs. In the event you fancy going one step additional, particularly when you plan on tenting, it’s price investing in a filter bottle, too, as a result of then you possibly can replenish from pure water sources like rivers and lagoons.

10. Guide in Advance

Iceland Trip Cost plan in advance

Positive, there’s a time and place for carefree, last-minute journey. However if you would like your journey to Iceland to be budget-friendly, attempt one thing aside from this journey type whereas attempting to cut back your Iceland journey value. The extra you guide prematurely, the extra choices you’ll have relating to lodging and excursions. Since these items promote out quick, with the most cost effective choices going first, you possibly can shoot your self within the foot by ready. Try refund insurance policies and rebooking flexibility in case you are apprehensive about committing too far prematurely – simply don’t wait till the final second and financial institution on discovering price range options.

To Conclude

Iceland Trip Cost to conclude

Your Iceland journey value may rely on what you resolve to do in your journey to Iceland. Nonetheless, this information provides you a reasonably clear thought of a median Iceland journey value. By contemplating all of those components – lodging, meals, transport, airfare, and excursions – you’ll have a ready-made price range for visiting Iceland. And when you use a few of our budgeting suggestions, you may even avoid wasting cash. Who doesn’t need to knock a bit off one of many world’s most costly locations?

Are you in search of extra Iceland inspiration? Try these enjoyable details forward of your vacation to Iceland. We even have a information devoted to the greatest issues to do in Reykjavik – Iceland’s walkable and vibrant little capital metropolis. Don’t neglect to discover Reykjavik, even when you head off on a week-long street journey round the remainder of Iceland.

Plan Your Subsequent Journey To Iceland With These Sources

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