Thursday, November 30, 2023

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

An Iceland trip isn’t ‘low-cost,’ even in case 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 common Iceland journey price is $200-300 per day – with out factoring in essentially the most extortionate (but incredible) issues to do in Iceland. 

Average Iceland Trip Costs

Sure actions, like snorkeling between the tectonic plates, can price that only for one journey. And also you’ll must think about rental automobile prices in case you plan to enterprise wherever outdoors of Reykjavik, the capital metropolis, that day journeys don’t cater to. All issues thought of, you’ll be able to shortly see how issues add up. Maximizing your price range as a lot as potential is crucial so that you don’t miss out on memorable actions and experiences. So, let’s work out an Iceland price range collectively.

How A lot a Journey to Iceland Prices

Iceland Trip Cost How much Hallgrimskirkja Cathedral Reykjavik

Once you go to Iceland, all of your choices affect your remaining Iceland journey price range – be it rental automobiles or personal rooms. On this information, we’ll offer you all the common journey price components so you’ll be able to construct an concept of what price range you’ll want as a person visiting Iceland. We’ll cowl all the things, from lodging costs to meals prices and the prices of a few of the most sought-after excursions.

Airfare Value

Iceland Trip Cost Keflavik Airport

Airfare received’t be an enormous a part of your Iceland journey price range. Relying on the place you journey, the common value of flights is just a few hundred {dollars}. The common flight from the east coast of the US to Iceland is simply $450 return, which will get even cheaper if you find yourself flying to and from Europe. In comparison with flying to different locations, particularly Australasia, Iceland shouldn’t be costly to achieve airfare-wise.

Even then, it can save you cash when visiting Iceland by benefiting from low season flights and utilizing air miles. Look into airline reward packages like British Airways, Qantas, and Delta SkyMiles. Airline loyalty packages get a nasty rep for not really being worthwhile. Nonetheless, selecting correctly and actively saving factors is usually a useful gizmo to get low-cost flights. At all times examine flight costs by utilizing web sites and instruments like Skyscanner – at all times utilizing a non-public 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 in case you fly from Europe to North America with Icelandair, they provide a complimentary layover in Reykjavik, which you’ll prolong to wherever between 1 to 7 days in case you’d like a mini journey to Iceland. This can be a good approach of compacting in an Iceland trip at a less expensive value than direct flights often price. If you’re already making this journey, understanding about this little tip is useful. Why not make the most of a stopover you’ll already be making and make the most of Icelandair’s sometimes cheaper flights? Simply image it; you may mix London, New York, and Iceland in a single journey.

As you’ll be able to see, your Iceland trip price won’t be massively impacted by flight costs. Nevertheless, if you wish to take additional steps to scale back the price of your journey to Iceland, there are a couple of tips you’ll be able to have up your sleeve. You need to price range $500 most for return flights to Iceland from North America or Europe with a mid-range airline.

However in case you fly low season and from particular locations like London, you’ll be able to 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 outdoors of peak season, the higher offers you’ll discover. Our recommendation is to get searching on Skyscanner or a flight comparability instrument equal.

  • Funds: $500 for return flights or below $200 if you’re versatile and departing from Europe.

Lodging Costs

Iceland Trip Cost accommodations

Lodging costs in Iceland are steep. It’s surprisingly steep, really. Lodging prices are one of many largest chunks of the common journey price range when visiting Iceland. Even essentially the most primary of lodge rooms are extraordinarily costly, much more so when mid-range accommodations and – God forbid – luxurious accommodations. It is usually 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 develop into quick on choices. Examine costs when reserving lodging in Iceland, but additionally be sure to don’t stall an excessive amount of and guide far sufficient upfront to keep away from lacking out on one of the best costs.

Hotel Cost in Iceland

In the event you act shortly and guide upfront, the common value for a price range lodge is $150 per night time. For a three-day journey, you’ll be able to anticipate to pay round $499; for every week, you’re looking at $1,047. In the event you don’t guide upfront, these costs rise as you might be left to entrance payments to remain in additional luxurious accommodations and trip leases than you often would select. It additionally pays to think about location, as sure areas could have costlier lodge rooms, like on the Ring Highway and Golden Circle.

Typical costs common $150 per night time, however keep in mind that that is throughout throughout Iceland as a normal common. Be ready to spend extra in sure areas. When planning a visit to Iceland, price is a large issue when selecting lodging, and that you must be fast-thinking to get one of the best offers.

These are a couple of examples of common lodging prices in numerous Iceland accommodations:

Hofn Cottages

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

Reykjavik Konsulate Lodge

This mid-range lodge in Reykjavik prices roughly $250 per night time, however you’ll be able to see why. It has a classy design and an onsite wellness heart and health club. It’s a shiny model of a mid-range keep within the capital, and it has an excellent location to take pleasure in central Reykjavik.

Lodge Ranga

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

  • Funds: $150 per night time for the common fee for an inexpensive lodge.


Iceland Trip Cost driving in iceland

Relating to transport in Iceland, that you must understand one main factor – transport barely exists outdoors the realm of rental automobiles. Vacationers fly into Iceland’s Keflavik Worldwide Airport, situated simply outdoors of Reykjavik’s capital; from there, you’ll be able to set up a shuttle service into the town heart. 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 secure to depend on public transport in very distant areas. We wouldn’t advocate it if you’re venturing out of Reykjavik or the primary settlement areas.

In the event you keep in Reykjavik and don’t lease a automobile, you’ll be able to set up tour experiences to take you to the primary vacationer sights. As an illustration, you may get excursions to the Blue Lagoon, Golden Circle, and Ring Highway on the South Coast. 

It’s also possible to get excursions to experiences like horseback using on black sand seashores, mountaineering 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, nearly like paying for mini holidays in your precise vacation. In the event you don’t need to lease a automobile, you’ll be able to nonetheless take pleasure in Iceland, however be ready to splurge just a little on reserving personal tour day journeys. It should rocket the entire price of the common Iceland price range.

Iceland Trip Cost Transportation Cars

One of the simplest ways to get out of Reykjavik and see Iceland is to guide a rental automobile. If you’re questioning ‘how a lot does it price to lease a automobile,’ it depends upon which automobile rental firms you have a look at, what season you go to, and whether or not you desire a camper van or not. The most affordable possibility is a automobile, for which you should purchase a tent and camp or guide low-cost accommodations.

Or you’ll be able to 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 Highway 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 every week of hiring a rental automobile, or roughly $870 on transfers for day journeys and airport journeys.


Iceland Trip Cost Food

Meals is one other vital expense in terms of visiting Iceland. When calculating a visit to Iceland price, you will need to put aside no less than $500 per week as a meals price range. For $500, you’ll be able to 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. Nevertheless, you’ll be able to quickly chip the worth tags down if you’re versatile with attempting native manufacturers.

Want an concept of what meals costs are in Icelandic grocery shops? They aren’t extortionate, however you’ll be able to see that some merchandise have a lot larger costs than others. You also needs to have an ISK to USD calculator prepared, because the conversion is just a little 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 hen fillets

It is usually price mentioning that Iceland is known for its scorching canine. A typical tip for saving cash is to snack on a scorching canine for lunch as a substitute of sitting in at native eating places. The sausages are served on little takeaway carts and are one of the conventional, budget-friendly Icelandic dishes.

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

Iceland Trip cost Food Hot Dogs

Keep in mind that if you wish to take pleasure in grocery retailer meals in Iceland, you will need to have cooking amenities. And that is the place the lodging crossover is available in. You need to guide lodging with personal kitchen amenities in an condo or a shared kitchen in a hostel or homestay surroundings.

By selecting this lodging setup, you’ll be able to simply nonetheless have a meals price range of $500. In the event you keep in a lodge and don’t have entry to a kitchen, anticipate costs of round double the identical interval. The common meal value is almost $120 for 2 individuals at a mid-range restaurant, which shortly provides up.

Meals is $500 per week in case 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 in case 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 nearly all of your price range will are available in – particularly in case you don’t rent a automobile and as a substitute depend on guided day journeys. These guided excursions can attain costs of over $300, and in case you plan on doing 4-5 actions, you’ll be able to see how this begins so as to add up. You may 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 likewise, so spectacular – you wouldn’t need to keep someplace with nothing to see, would you?

Beneath are a few of the high excursions in Iceland. Don’t overlook to plan forward when visiting Iceland!

One option to make this cheaper is to lease a automobile. Particular day journeys, particularly ones to see pure magnificence spots or spot the northern lights, are simply replicated at no cost aside from petrol prices in case you lease a automobile. By paying a single upfront payment for a automobile rental, you’ll be able to decide fascinating excursions and full them independently – just like the Golden Circle, Ring Highway, and issues like one of the best Icelandic waterfalls.

Certain, issues like a ship tour to see whales or glacier mountaineering experiences require a information. Nonetheless, a number of Iceland could be visited independently with a rental automobile. Even northern lights searching could be accomplished by your self and with out a information. To be sincere, 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 advise stopping by a duty-free store or slicing alcohol to chop prices. Nightlife can get understandably costly in Iceland, so whereas partying could be enjoyable and a brief night time out could be budget-friendly in Reykjavik (when in Rome, proper?), stick to only the odd night time out if potential.

It’s price including that clothes is an extra price when having fun with day journeys and actions in Iceland. You’ll probably must spend money on a winter wardrobe with some merino additions; thermal garments are crucial throughout most months in Iceland. You may’t compromise on this, and we’d advocate taking advantage of clothes gross sales within the run-up to your journey to Iceland. With correct clothes, you may be heat. And in case you aren’t heat, how will you take pleasure in your expertise? Benefit from your cash by investing neatly 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 price of buying appropriate clothes for every tour beforehand? These are our budgeting stats for every week in Iceland with out a automobile rental:

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

Whole: $1,600

As you’ll be able to see, having a automobile rental makes a substantial distinction when budgeting for excursions and actions in Iceland. These are our stats for every week in Iceland with a automobile rental:

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

Whole: $900

  • Funds: With no automobile, anticipate to pay round $1,600 over a week-long interval, whereas with a automobile, this totals as much as about $900.

Total Journey Value

Iceland Trip Cost overall Gljufrabui Waterfall

So, in case you’ve been frantically attempting so as to add issues up, don’t fear; we’ve obtained 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 automobile, go to in off or shoulder seasons, and guide lodging with cooking amenities. That is exactly how a lot it’s best to price range to go to this stunning nation.


Airfare prices roughly $500 for a return journey to Iceland if you fly from Europe or North America. Nevertheless, if you’re 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 night time for a mean however cheap-ish lodge someplace moderately well-located. If you’re keen to compromise on location, you’ll be able to decide up cheaper lodging for round $70 per night time. Or, if you would like luxurious lodging, be ready to pay as much as $500 per night time. With all lodging sorts, guide early to safe one of the best charges.


Determining a transport price range is a tricky one. In the event you get a rental automobile, it’s best to price range $350 for renting the car upfront for every week and roughly $100 on gas. In the event you don’t lease a automobile, you’ll be able to simply discover Reykjavik on the bus for as little as a couple of {dollars} every time. Nevertheless, 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 also needs to add airport transfers at over $70 for return tickets on the shuttle bus. For every week in Iceland, price range $450 for transportation in case you rent a automobile and $870 for transportation in case you depend on shuttles.

Iceland Trip Cost transportation Reykjavik


The message is straightforward concerning 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 prepare dinner the remainder of the time. Funds $1000 in case you plan on consuming out daily for many if not all, meals.

Excursions and Actions

Excursions and actions are your foremost price when visiting Iceland, particularly in case you don’t lease a automobile. With no automobile, anticipate to pay round $1,600 over every week, whereas with a automobile, 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 price 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 mean value is strictly that – a mean value of what most individuals spend after they go to. You are able to do higher than that in case you make the most of our high 10 tips about lowering your Iceland journey price and saving your beneficial cash.

Something from automobile leases to hostels, and even some lesser-known issues like campsites and bus passes, could make an enormous distinction to what your vacation to Iceland prices. So, buckle up and put together to jot these high money-saving ideas down. Utilizing these may knock lots of, and even perhaps 1000’s, 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 simplest ways to save cash. Iceland will get tremendous busy over winter when vacationers flock to take pleasure in 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 right option to snag decreased excursions and day journeys, plus discover cheaper lodge charges due to decrease reserving competitors.

In fact, if you’re versatile together with your Iceland actions, visiting within the low season is even higher. June till October is ideal for decrease automobile rental charges, cheaper accommodations, and tour offers. Keep in mind that this era has sure tour and attraction closures, and also you probably will miss the northern lights. This season can be well-known for the midnight solar, the place Iceland stays gentle 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 received’t occur. The common price for a two-person meal at a mid-range restaurant in Reykjavik is practically $120. A mean McDonald’s meal is over $16. Grocery costs are far more cheap, like $1.60 for a liter of milk or $3.44 for apples.

Shopping for meals from grocery shops would possibly sound apparent, however this solely works successfully in case you’ve discovered lodging with a kitchen, so it is a catch-22. We’d counsel discovering a communal kitchen or condo lodge to take advantage of this money-saving approach. Belief us, it will likely be price it.

3. Hire a Automobile

Iceland Trip Cost islandic tour rental car drive around

This would possibly sound costlier at first, however renting a automobile is without doubt one of the greatest methods to discover Iceland on a price range – particularly if you wish to sightsee loads. It’s because excursions are one of the costly in a mean Iceland journey price. Firms cost extortionate quantities (we’re speaking lots of of {dollars}) for easy issues like transfers. In the event you lease a automobile, 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. Having the ability to drive your self is without doubt one of the greatest methods to chop journey prices in Iceland. Verify charges right here!

4. Take Benefit of Free Points of interest

South Coast Iceland Fagrifoss

In the event you lease a automobile, 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 attractive geothermal space at Geysir. If you’re road-tripping Iceland, you’ll be able to cease at these locations at no cost and shortly construct a low-cost itinerary. Everybody is aware of Iceland is dear, however with some analysis, you’ll be able to quickly discover budget-friendly and infrequently solely free issues to do.

5. Attempt Tenting

Iceland Trip Cost Camping in tents

Tenting is without doubt one of the greatest methods to save cash whereas visiting Iceland. You may camp in one in every of two methods – with a campervan or by renting or bringing a tent. It goes with out saying that it is a higher concept in summer time (learn: don’t try in chilly climate). Nonetheless, in case you go to Iceland at a heat time of yr, it’s a good option to scale back lodging costs. You’ll discover campsites throughout Iceland, so that is additionally one of the simple money-saving tricks to put into apply.

6. Check out a Bus Move

Iceland Trip Cost Bus stop

We’ll preface this by saying that bus connections are restricted. You’ll solely be capable of use the bus community to entry particular locations at particular instances, so that you’ll have to be glad to make use of a fairly inflexible journey model if you will make the most of this journey hack. Nevertheless, if you’re glad to paint between the strains to save lots of your self some money, bus passes are properly price trying into. You pay a single flat fee payment and get limitless use of the bus community for a delegated interval. This protects you cash on in any other case costly day journeys or automobile leases. And in case you don’t have a driving license, it’s the least expensive various.

7. Purchase Alcohol From Responsibility-Free Retailers

Iceland Trip Cost Duty Free

One other large tip is to purchase alcohol from duty-free retailers. In the event you can decide up alcohol from the airport if you land, it’ll prevent a ton of cash in your journey to Iceland since alcohol is closely taxed. The duty-free store is your greatest good friend if you would like a elaborate tipple. With that mentioned, although, a greater method can be not consuming whereas visiting Iceland. Iceland really banned alcohol in 1915, and the ban was solely totally 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. Nevertheless, to save cash on visiting Iceland, it’s best to think about options. You may learn all concerning the Blue Lagoon right here, created utilizing a manufacturing facility’s thermal byproducts. However additionally it is price  free scorching springs you’ll be able to go to in Iceland. Positively have a look at options to mainstream vacationer sights.

9. Skip Bottled Water

Iceland Trip Cost dont buy water

Skip the bottled water; significantly, Iceland has a few of the purest faucet water on the earth. Bottled water is a massively pointless expense, so convey a refillable water bottle and lower the {dollars} you spend in your journey to Iceland. In fact, lowering plastics additionally helps the surroundings – an enormous win-win state of affairs. In the event you fancy going one step additional, particularly in case you plan on tenting, it’s price investing in a filter bottle, too, as a result of then you’ll be able to refill from pure water sources like rivers and lagoons.

10. Ebook in Advance

Iceland Trip Cost plan in advance

Certain, there’s a time and place for carefree, last-minute journey. However if you would like your journey to Iceland to be budget-friendly, strive one thing aside from this journey model whereas attempting to scale back your Iceland journey price. The extra you guide upfront, the extra choices you’ll have concerning lodging and excursions. Since these items promote out quick, with the most cost effective choices going first, you’ll be able to shoot your self within the foot by ready. Try refund insurance policies and rebooking flexibility if you’re anxious about committing too far upfront – 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 price would possibly rely upon what you resolve to do in your journey to Iceland. Nonetheless, this information offers you a fairly clear concept of a mean Iceland journey price. By contemplating all of those components – lodging, meals, transport, airfare, and excursions – you’ll have a ready-made price range for visiting Iceland. And in case you use a few of our budgeting ideas, you would possibly even avoid wasting cash. Who doesn’t need to knock a bit off one of many world’s costliest locations?

Are you on the lookout for extra Iceland inspiration? Try these enjoyable information 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 overlook to discover Reykjavik, even in case 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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