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How Much Does An Iceland Trip Cost in 2023: Detailed Budget Breakdown

How Much Does An Iceland Trip Cost in 2023: Detailed Budget Breakdown

An Iceland holiday is never ever ‘cheap,’ also if you intend it on a rigorous spending plan. The nation is called a costly location. You’ll require to obtain wise to conserve cash on your journey to Iceland. The ordinary Iceland journey expense is $200-300 daily – without considering one of the most exorbitant (yet amazing) points to do in Iceland. 

Average Iceland Trip Costs

Certain tasks, like snorkeling in between the structural plates, can set you back that simply for one journey. And you’ll require to consider rental auto expenses if you intend to endeavor anywhere beyond Reykjavik, the resources city, that field trip don’t satisfy. All points thought about, you can rapidly see just how points accumulate. Maximizing your spending plan as long as feasible is important so you don’t lose out on unforgettable tasks as well as experiences. So, allow’s find out an Iceland spending plan with each other.

How Much a Trip to Iceland Costs

Iceland Trip Cost How much Hallgrimskirkja Cathedral Reykjavik

When you check out Iceland, all your choices influence your last Iceland journey spending plan – be it rental cars and trucks or personal areas. In this overview, we’ll offer you with all the ordinary journey expense elements so you can construct a suggestion of what spending plan you’ll require as a specific going to Iceland. We’ll cover every little thing, from holiday accommodation rates to food expenses as well as the expenses of several of one of the most desired excursions.

Airfare Cost

Iceland Trip Cost Keflavik Airport

Airfare won’t be a large component of your Iceland traveling spending plan. Depending on where you take a trip, the ordinary cost of trips is just a couple of hundred bucks. The ordinary trip from the eastern shore of the United States to Iceland is simply $450 return, which gets back at more affordable when you are flying to as well as from Europe. Compared to flying to various other locations, particularly Australasia, Iceland is not costly to get to airfare-wise.

Even after that, you can conserve cash when going to Iceland by capitalizing on off-season trips as well as utilizing air miles. Look right into airline company benefit programs like British Airways, Qantas, as well as Delta SkyMiles. Airline commitment programs obtain a negative representative for not really being rewarding. Still, picking intelligently as well as proactively conserving factors can be an excellent device to obtain low-cost trips. Always contrast trip rates by utilizing sites as well as devices like Skyscanner – constantly utilizing a personal web browser, obviously, because those bothersome cookies raise rates on trips you check out.

Iceland Trip Cost Keflavik icelandair Boeing 757

How adaptable are you with your Iceland holiday too? It deserves keeping in mind that if you fly from Europe to North America with Icelandair, they supply a free stopover in Reykjavik, which you can include anywhere in between 1 to 7 days if you’d such as a tiny journey to Iceland. This is a fantastic means of pressing in an Iceland holiday at a more affordable cost than straight trips normally set you back. If you are currently making this trip, understanding about this little suggestion comes in handy. Why not make use of a stop you’ll currently be making as well as make use of Icelandair’s commonly more affordable trips? Just image it; you can incorporate London, New York, as well as Iceland in one journey.

As you can see, your Iceland holiday expense will certainly not be greatly affected by trip rates. However, if you intend to take added actions to decrease the expense of your journey to Iceland, there are a couple of methods you can have up your sleeve. You must spending plan $500 optimum for return trips to Iceland from North America or Europe with a mid-range airline company.

But if you fly off-season as well as from particular locations like London, you can grab trips for just $100 return. The much more adaptable you are, the reduced your airline tickets spending plan requires to be. And, obviously, the much more all set you are to fly beyond peak period, the far better offers you’ll locate. Our guidance is to obtain searching on Skyscanner or a trip contrast device matching.

Budget: $500 for return trips or under $200 if you are adaptable as well as leaving from Europe.

Accommodation Prices

Iceland Trip Cost accommodations

Accommodation rates in Iceland are high. It’s remarkably high, really. Accommodation expenses are just one of the biggest pieces of the ordinary journey spending plan when going to Iceland. Even one of the most standard of resort areas are exceptionally costly, much more so when taking a look at mid-range resorts as well as – God forbid – high-end resorts. It is additionally worth keeping in mind that the most affordable hostels as well as finest value-for-money homes obtain purchased rapidly. In remote locations of Iceland, you rapidly come to be brief on alternatives. Compare rates when reserving holiday accommodation in Iceland, however additionally see to it you don’t delay way too much as well as publication much sufficient beforehand to stay clear of losing out on the very best rates.

Hotel Cost in Iceland

If you act rapidly as well as publication beforehand, the ordinary cost for a budget plan resort is $150 per evening. For a three-day journey, you can anticipate to pay around $499; for a week, you are taking a look at $1,047. If you don’t publication beforehand, these rates increase as you are entrusted to front costs to remain in even more lavish resorts as well as holiday services than you normally would pick. It additionally pays to think about place, as specific locations will certainly have much more costly resort areas, like on the Ring Road as well as Golden Circle.

Typical rates ordinary $150 per evening, however bear in mind that this is throughout throughout Iceland as a basic standard. Be prepared to invest much more in specific locations. When intending a journey to Iceland, expense is a big element when picking holiday accommodation, as well as you require to be fast-thinking to obtain the very best offers.

These are a couple of instances of ordinary holiday accommodation expenses in various Iceland resorts:

Hofn Cottages

Hofn Cottages are as affordable as holiday accommodation enters Iceland. These standard cabins set you back simply $70 per evening; you obtain your very own outdoor patio as well as food preparation centers. These offer out rapidly. But their remote place suggests a little more affordable rates.

Reykjavik Konsulate Hotel

This mid-range resort in Reykjavik expenses roughly $250 per evening, however you can see why. It has a stylish layout as well as an onsite health facility as well as health club. It is a shiny variation of a mid-range remain in the resources, as well as it has an excellent place to take pleasure in main Reykjavik.

Hotel Ranga

This high-end resort expenses upwards of $500 for a typical area. It is a fantastic instance of top-tier high-end in Iceland. If you rest with the enchanting sensation, you obtain a celebrity staring observatory onsite as well as also north light wake-up telephone calls. Oh, as well as you obtain volcano sights out of your home window.

Budget: $150 per evening for the ordinary price for an economical resort.


Iceland Trip Cost driving in iceland

Regarding transportation in Iceland, you require to recognize one significant point – transportation hardly exists outside the world of rental cars and trucks. Tourists fly right into Iceland’s Keflavik International Airport, situated simply beyond Reykjavik’s resources; from there, you can arrange a shuttle bus solution right into the town hall. Reykjavik itself is actually walkable as well as a small city, a lot more like a community than a real city, not to mention a ‘typical’ resources city.

Iceland has a marginal bus solution. It isn’t secure to depend on public transportation in extremely remote locations. We wouldn’t advise it if you are venturing out of Reykjavik or the primary negotiation locations.

If you remain in Reykjavik as well as don’t lease an automobile, you can arrange scenic tour experiences to take you to the primary visitor destinations. For circumstances, you can obtain excursions to the Blue Lagoon, Golden Circle, as well as Ring Road on the South Coast. 

You can additionally obtain excursions to experiences like horseback riding on black sand coastlines, treking on glaciers, seeing taking off volcanoes, as well as snorkeling in between the structural plates at Silfra. The caution is that you will certainly pay thousands of bucks for every of these experiences, practically like spending for mini vacations on your real vacation. If you don’t intend to lease an automobile, you can still take pleasure in Iceland, however be prepared to spend lavishly a little on reserving personal scenic tour field trip. It will certainly rocket the complete expense of the standard Iceland spending plan.

Iceland Trip Cost Transportation Cars

The finest means to leave Reykjavik as well as see Iceland is to reserve a rental auto. If you are questioning ‘how much does it cost to rent a car,’ it depends upon which auto rental firms you check out, what period you check out, as well as whether you desire a camper van or otherwise. The most affordable alternative is an automobile, for which you can get a camping tent as well as camp or publication low-cost resorts.

Or you can invest much more ahead of time on a camper van as well as have the entire trip experience, conserving cash on holiday accommodation. With rental alternatives, you can start the timeless week trip along the South Coast as well as finish the timeless Ring Road trip. It is one of the most liberating kind of transport around Iceland. And you’ll conserve tons of cash by preventing the abovementioned costly arranged field trip while opening to even more cost-free destinations as well as off-the-beaten-track experiences.

 Budget: $350 plus $100 petroleum for a week of working with a rental auto, or roughly $870 on transfers for field trip as well as flight terminal trips.


Iceland Trip Cost Food

Food is one more considerable expenditure when it involves going to Iceland. When computing a journey to Iceland expense, you should reserve at the very least $500 weekly as a food spending plan. For $500, you can manage a couple of dishes at regional dining establishments, a food patronize among the more affordable supermarket, as well as a couple of beverages on an evening out. Food rates are high in Iceland, particularly for imported as well as strained products. However, you can quickly chip the cost down if you are adaptable with attempting regional brand names.

Need a suggestion of what food rates remain in Icelandic supermarket? They aren’t extortionate, however you can see that some items have a lot greater rates than others. You must additionally have an ISK to USD calculator all set, as the conversion is a little whacky. Average food rates consist of:

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

It is additionally worth stating that Iceland is renowned for its hotdogs. A typical suggestion for conserving cash is to treat on a hotdog for lunch rather than being in at regional dining establishments. The sausages are offered on little takeaway carts as well as are just one of one of the most standard, affordable Icelandic meals.

They go back to the Viking period as well as are called ‘bjuga’ sausages. Bought at little road stands, these hotdogs set you back just $2.50 – an actual deal. This enjoyable little suggestion may be much more focused on uniqueness than authentic cash conserving, however the spirit as well as total significance are area on. Avoid taking a seat on a regular basis to consume to conserve cash, as well as bear in mind that regional specializeds are your buddy.

Iceland Trip cost Food Hot Dogs

Remember that if you intend to take pleasure in supermarket food in Iceland, you should have food preparation centers. And this is where the holiday accommodation crossover can be found in. You must reserve holiday accommodation with personal kitchen area centers in a house or a common kitchen area in a hostel or homestay atmosphere.

By picking this holiday accommodation configuration, you can quickly still have a food spending plan of $500. If you remain in a resort as well as don’t have accessibility to a kitchen area, anticipate rates of about dual the very same duration. The ordinary dish cost is virtually $120 for 2 individuals at a mid-range dining establishment, which rapidly builds up.

Food is $500 weekly if you dine in restaurants a number of times as well as have a kitchen area in your holiday accommodation. Alternatively, your food spending plan will certainly be closer to $ 1,000 weekly if you anticipate to dine in restaurants daily.

Budget: $500 weekly for dining in a restaurant a number of times and after that food preparation in with grocery-bought food, or $1000 for dining in a restaurant all week.

Tours as well as Activities

Iceland Trip Cost tours and activities whale watching

Entertainment rates are where most of your spending plan will certainly be available in – particularly if you don’t employ an automobile as well as rather depend on led field trip. These led trips can get to rates of over $300, as well as if you intend on doing 4-5 tasks, you can see just how this begins to accumulate. You can take led journeys to the Golden Circle, whichever volcano is taking off as well as drawing in rapt vacationers, as well as do points like snorkel in between the structural plates or detect the north lights. All these points come with an expense, however at the very same time, you don’t intend to lose out on any kind of desire trips. This little quandary is what makes going to Iceland so costly. And additionally, so remarkable – you wouldn’t intend to remain someplace with absolutely nothing to see, would certainly you?

Below are several of the leading excursions in Iceland. Don’t neglect to intend in advance when going to Iceland!

One means to make this more affordable is to lease an automobile. Specific field trip, particularly ones to see all-natural elegance places or detect the north lights, are quickly duplicated absolutely free in addition to petroleum expenses if you lease an automobile. By paying a solitary ahead of time cost for an automobile leasing, you can choose remarkable excursions as well as finish them separately – like the Golden Circle, Ring Road, as well as points like the very best Icelandic falls.

Sure, points like a watercraft scenic tour to see whales or glacier treking experiences call for an overview. Still, great deals of Iceland can be checked out separately with a rental auto. Even north lights searching can be done on your own as well as without an overview. To be straightforward, the majority of Northern Lights excursions are simply presuming as well as driving to remote places anyhow. Download among the lots of maps as well as obtain current details on forecasts to ensure that you can head out it alone, more affordable.

Iceland Trip Cost Tours

Alcohol rates can obtain actually costly in Iceland, so we recommend visiting a duty-free store or reducing alcohol to reduce expenses. Nightlife can obtain naturally costly in Iceland, so while partying can be enjoyable as well as a brief evening out can be affordable in Reykjavik (when in Rome, right?), adhere to simply the strange evening out when possible.

It deserves including that clothes is an extra expense when appreciating field trip as well as tasks in Iceland. You will likely require to buy a winter months closet with some merino enhancements; thermal garments are needed throughout most months in Iceland. You can’t endanger on this, as well as we’d advise taking advantage of clothes sales in the run-up to your journey to Iceland. With correct clothes, you will certainly be cozy. And if you aren’t cozy, just how will you appreciate your experience? Make one of the most of your cash by spending wisely in appropriate clothes for your tasks ahead of time.

So, just how much should you allocate excursions as well as tasks in Iceland? And what should you allocate the added expense of acquiring appropriate clothes for every scenic tour ahead of time? These are our budgeting statistics for a week in Iceland without an automobile leasing:

$1,200 for four-day journeys with an arranged scenic tour driver, consisting of transport. $200 for appropriate clothes, consisting of 2 Merino leading as well as lower base layers as well as footwear. $200 for a number of evenings out in Reykjavik.

Total: $1,600

As you can see, having an automobile rental makes a substantial distinction when budgeting for excursions as well as tasks in Iceland. These are our statistics for a week in Iceland with an automobile leasing:

$400 for four-day journeys, consisting of 2 arranged excursions without transport as well as 2 cost-free experiences. $100 gas. $200 for appropriate clothes, consisting of 2 Merino leading as well as lower base layers as well as footwear. $200 for a number of evenings out in Reykjavik.

Total: $900

Budget: Without an automobile, anticipate to pay around $1,600 over a week-long duration, while with an automobile, this amounts to concerning $900.

Overall Trip Cost

Iceland Trip Cost overall Gljufrabui Waterfall

So, if you’ve been anxiously attempting to include points up, don’t stress; we’ve obtained you. This is just how much taking a trip to Iceland expenses, not including your traveling insurance coverage. We’ll recognize the primary influencing consider each budgeting location – whether you lease an automobile, go to in off or shoulder periods, as well as publication holiday accommodation with food preparation centers. This is exactly just how much you must spending plan to see this attractive nation.


Airfare expenses roughly $500 for a return journey to Iceland when you fly from Europe or North America. However, if you are flying from Europe, are adaptable with going to in off or shoulder periods, as well as fly with mid-range airline companies, spending plan much less than $200 for return trips.


For holiday accommodation, you must spending plan $150 per evening for a typical however cheap-ish resort someplace moderately well-located. If you agree to endanger on place, you can grab more affordable holiday accommodation for around $70 per evening. Or, if you desire high-end holiday accommodation, be prepared to compensate to $500 per evening. With all holiday accommodation kinds, publication early to protect the very best prices.


Figuring out a transportation spending plan is a difficult one. If you obtain a rental auto, you must spending plan $350 for leasing the automobile upfront for a week as well as roughly $100 on gas. If you don’t lease an automobile, you can quickly check out Reykjavik on the bus for just a couple of bucks each time. However, you will certainly invest a whole lot much more on transfers, as well as we approximate an $800 distinction in your field trip as well as adventure expenses rather than self-drive destinations. You must additionally include flight terminal transfers at over $70 for return tickets on the shuttle. For a week in Iceland, spending plan $450 for transport if you employ an automobile as well as $870 for transport if you depend on shuttle bus.

Iceland Trip Cost transportation Reykjavik


The message is basic concerning food: locate holiday accommodation with a kitchen area to make use of supermarket rates. Budget $500 if you intend to dine in restaurants a number of times and after that prepare the remainder of the time. Budget $1000 if you intend on dining in a restaurant each day for the majority of otherwise all, dishes.

Tours as well as Activities

Tours as well as tasks are your primary expense when going to Iceland, particularly if you don’t lease an automobile. Without an automobile, anticipate to pay around $1,600 over a week, while with an automobile, this amounts to concerning $900.

10 Top Money Saving Tips

Iceland Trip Cost Fjadrargljufur Canyon

Are you all set to reduce some cash off that standard Iceland journey expense we’ve simply provided you? If you are up for the obstacle, there are methods to conserve cash when going to Iceland. After all, a typical cost is precisely that – a typical cost of what most individuals invest when they check out. You can do far better than that if you use our leading 10 pointers on decreasing your Iceland journey expense as well as conserving your beneficial cash.

Anything from auto services to hostels, as well as also some lesser-known points like camping areas as well as bus passes, can make a large distinction to what your vacation to Iceland expenses. So, distort up as well as prepare to write these leading money-saving pointers down. Using these can knock hundreds, as well as possibly also thousands, off your Iceland spending plan.

1. Visit Off-Season

Iceland Trip Cost glacier visit

It do without stating, however going to Iceland in the off-season is the very best means to conserve cash. Iceland obtains extremely active over winter season when vacationers group to take pleasure in snow sporting activities as well as attempt to detect the north lights. If you intend to do these points, why not check out in February or late January? Avoiding the December crush by choosing these shoulder periods is the ideal means to grab minimized excursions as well as field trip, plus locate more affordable resort prices many thanks to reduced reservation competitors.

Of program, if you are adaptable with your Iceland tasks, going to in the off-season is also much better. June till October is ideal for reduced auto leasing prices, more affordable resorts, as well as scenic tour offers. Remember that this duration has specific scenic tour as well as tourist attraction closures, as well as you likely will miss out on the north lights. This period is additionally renowned for the twelve o’clock at night sunlight, where Iceland remains light for 24-hour a day.

2. Buy From Grocery Stores

Iceland Trip Cost Grocery Store food

Grocery shops are a lot more affordable than regional dining establishments. You don’t intend to adhere to a budget plan while dining in a restaurant for each dish since it simply won’t take place. The ordinary expense for a two-person dish at a mid-range dining establishment in Reykjavik is virtually $120. An ordinary McDonald’s dish mores than $16. Grocery rates are a lot more affordable, like $1.60 for a litre of milk or $3.44 for apples.

Buying food from supermarket may appear noticeable, however this just functions efficiently if you’ve located holiday accommodation with a kitchen area, so this is a paradox. We’d recommend locating a public kitchen area or house resort to take advantage of this money-saving method. Trust us, it will certainly deserve it.

3. Rent a Car

Iceland Trip Cost islandic tour rental car drive around

This may appear much more costly initially, however leasing an automobile is among the very best methods to check out Iceland on a budget plan – particularly if you intend to tour a whole lot. This is since excursions are just one of one of the most costly in a standard Iceland journey expense. Companies cost exorbitant quantities (we are chatting thousands of bucks) for basic points like transfers. If you lease an automobile, yes, it will certainly be a preliminary ahead of time financial investment, however you’ll conserve hundreds if you acquire greater than 2-3 field trip. Being able to drive on your own is among the very best methods to reduce traveling expenses in Iceland. Check prices right here!

4. Take Advantage of Free Attractions

South Coast Iceland Fagrifoss

If you lease an automobile, it additionally stands you in great stead for conserving cash – appreciating Iceland’s cost-free destinations. Iceland has a lots of cost-free destinations, be it falls or the attractive geothermal location at Geysir. If you are road-tripping Iceland, you can quit at these locations absolutely free as well as rapidly construct an inexpensive schedule. Everyone understands Iceland is costly, however with some study, you can quickly locate affordable as well as usually totally cost-free points to do.

5. Try Camping

Iceland Trip Cost Camping in tents

Camping is among the very best methods to conserve cash while going to Iceland. You can camp in a couple of methods – with a campervan or by leasing or bringing a camping tent. It do without stating that this is a much better concept in summer season (read: do not try in winter). Still, if you check out Iceland at a cozy season, it is a fantastic means to decrease holiday accommodation rates. You’ll locate camping areas throughout Iceland, so this is additionally among one of the most uncomplicated money-saving pointers to implement.

6. Try out a Bus Pass

Iceland Trip Cost Bus stop

We’ll beginning this by stating that bus links are restricted. You will just have the ability to utilize the bus network to accessibility particular locations at particular times, so you’ll require to be pleased to utilize a rather inflexible traveling design if you are mosting likely to make use of this traveling hack. However, if you more than happy to shade in between the lines to conserve on your own some cash money, bus passes are well worth considering. You pay a solitary level price cost as well as obtain unrestricted use the bus network for an assigned duration. This conserves you cash on or else costly field trip or auto services. And if you don’t have a driving permit, it is the most affordable option.

7. Buy Alcohol From Duty-Free Shops

Iceland Trip Cost Duty Free

Another massive suggestion is to get alcohol from duty-free stores. If you can grab alcohol from the flight terminal when you land, it will certainly conserve you a lots of cash on your journey to Iceland because alcohol is greatly strained. The duty-free store is your buddy if you desire an expensive tipple. With that claimed, however, a much better technique would certainly be not consuming alcohol while going to Iceland. Iceland really outlawed alcohol in 1915, as well as the restriction was just totally raised in 1989 – which is currently hailed as beer day. The nation has a historical political argument to the usage of alcohol. If you intend to conserve significant cash when going to, you must do your finest to invoke an economic argument.

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

Iceland Trip Cost Blue Lagoon

The Blue Lagoon is fanciful; we’ll be the initial to confess. However, to conserve cash on going to Iceland, you must think about options. You can review everything about the Blue Lagoon right here, produced utilizing a manufacturing facility’s thermal by-products. But it is additionally worth taking a look at cost-free thermal springs you can check out in Iceland. Definitely check out options to conventional visitor destinations.

9. Skip Bottled Water

Iceland Trip Cost dont buy water

Skip the mineral water; seriously, Iceland has several of the purest faucet water on the planet. Bottled water is an enormously unneeded expenditure, so bring a refillable canteen as well as reduced the bucks you invest in your journey to Iceland. Of program, decreasing plastics additionally aids the atmosphere – a big great deal. If you elegant going one action better, particularly if you intend on outdoor camping, it deserves buying a filter container, as well, since after that you can fill out from all-natural water resources like rivers as well as shallows.

10. Book in Advance

Iceland Trip Cost plan in advance

Sure, there’s a time as well as location for care free, final traveling. But if you desire your journey to Iceland to be affordable, attempt something besides this traveling design while attempting to decrease your Iceland journey expense. The much more you publication beforehand, the much more alternatives you’ll have concerning holiday accommodation as well as excursions. Since these points offer out quickly, with the most affordable alternatives going initially, you can fire on your own in the foot by waiting. Check out reimbursement plans as well as rebooking versatility if you are stressed over dedicating as well much beforehand – simply don’t wait till the last minute as well as count on searching for spending plan options.

To Conclude

Iceland Trip Cost to conclude

Your Iceland journey expense may rely on what you determine to do on your journey to Iceland. Still, this overview offers you a rather clear concept of a standard Iceland journey expense. By thinking about every one of these elements – holiday accommodation, food, transportation, airline tickets, as well as excursions – you’ll have a prefabricated allocate going to Iceland. And if you utilize several of our budgeting pointers, you may also conserve some cash. Who doesn’t intend to knock a piece off among the globe’s most costly locations?

Are you trying to find even more Iceland ideas? Check out these enjoyable truths in advance of your vacation to Iceland. We additionally have actually an overview devoted to the finest points to do in Reykjavik – Iceland’s walkable as well as dynamic little resources city. Don’t neglect to check out Reykjavik, also if you avoid on a week-long trip around the remainder of Iceland.

Plan Your Next Trip To Iceland With These Resources

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