My round-trip ticket to Reykjavík from New York City cost $273.45 USD. Don’t purchase food at 10/11 as it’s about twice as expensive as Kroger’s or Bonus grocery stores. She refuses to let her financial responsibilities hold her back from living life on her terms. I just checked a couple of different dates to use as an example. That way you can save money by not having to pay extra for photos and videos. Depending on your travel style, it is possible to travel to Iceland on a minimal budget. Press play to listen to this podcast episode where I share even more tips for saving money in Iceland. Although Iceland has a reputation of being an expensive country, I’m confident that if you plan ahead and budget accordingly you’ll have a blast visiting one of my favorite places in the world.eval(ez_write_tag([[300,250],'thoughtcard_com-box-3','ezslot_1',103,'0','0'])); For even more helpful tips not covered on the blog, grab a copy of my Iceland travel guide. Just hope that people realise that 4WD in itself is not enough for driving in Iceland in winter. The best things in Iceland are free of charge! Join us as we discover the world one beautiful adventure at a time! rather than blindly booking a tour suggested by your hotel. hen I totaled all of my expenses, I spent $1,240 USD for my 4-day trip. I am both shocked and relieved that I decided to only spend 4 days in Iceland. PIN required for purchases. Can you recommend any tours that would include northern lights and husky riding that are only for 3 days and possibility of staying in a unique place for one night? But how expensive is Iceland actually? We will be getting a rental car. Hi Patricia, this article includes lots of examples of what everything costs in Iceland focusing on things that travelers would find interesting to know (food, hotels, rental cars, etc). But it will be windy, it will rain, and if you’re lucky, you’ll have some sunny weather as well. The costs of camping in Iceland depend a lot on when you travel and how you decide to camp – using a tent, a small campervan, or a big motorhome. Their rooftop patio is also a great place to scope out the city skyline. Seeing the most beautiful places in Iceland doesn’t cost anything. Hostel dorm beds start around $35 USD per night and budget hotel rooms start around $75 to $100 per night. Thanks for the advice. Like any trip, food is going to be responsible for eating into a large chunk of your Iceland spending money. Parking inside the most expensive zone in the city center will cost you 320 ISK/ hour (2,75USD), a bit further – about half the price, but outside of the city center, you can still park your car for free. If you are looking for cheap airport transfers, you should know that most shuttle bus transfers cost around 20-25 USD and private transfers around 150-200 USD (up to 4 people). If you are traveling in summer and have at least 10-12 days, you could try to do the entire Ring Road and explore more. This site uses Akismet to reduce spam. For my second trip to Iceland, I booked my flight and lodging separately. I purchased my flight and accommodation package six months ahead of time on Expedia. I hope that seeing these examples of prices in Iceland helps you budget for your trip to Iceland and know what to expect. I’m looking at going to Iceland in the winter of 2019 to celebrate our 40th wedding anniversary. This is so helpful! Fly with a low cost carrier. A vacation to Iceland for one week usually costs around kr153,698 for one person. There were only five people on the shuttle bus. I strongly suggest you revise that statement to reflect seasonality. Hi Stanley, I’m not aware of any tours that combine the Blue Lagoon and Northern Lights, usually they can be done separately. This post may contain affiliate links, which means that we may receive a small commission, at no cost to you, if you make a purchase through a link. Especially as a single traveler, I think small group tour has so many advantages, so it’s good to hear your story. Iceland Travel Costs on a Shoestring Budget. In general, organized day tours cost around 80-150 USD, depending on the tour and activities. Most natural landmarks still have free parking, some others charge a small fee. Lastly, use the Appy Hour app to find cheap drinks in town. Here you can find more information about Reykjavik airport transfers. When you think of Iceland, the Blue Lagoon most likely comes to mind. 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. However, you won’t easily find husky riding in Iceland – I haven’t seen any tours like that, but if you look well, maybe there are some. I would have missed so many hidden gems if I skipped this tour. Half a day – a day is enough for the city and this time of the year you can easily drive on your own and see a lot since the days are endless. Note that some places only accept credit cards with a 4-digit pin. You can gain access to insider knowledge to save money by using the GasBuddy gas calculator. The Vik campsite … The prices indicated below come from non-fancy restaurants in Iceland. And finally, one last note and an often asked question by people planning an Icelandic trip – shopping in Iceland. I wouldn’t necessarily do this in summer, as driving is easy and a self-drive trip is advisable. If you want to see Iceland’s landscape, it’s worth visiting the countryside. A local told me that taking a taxi isn’t all that expensive in Reykjavik. As for the costs, so much depends on your choices. During the walking tour, you’ll walk through the most historic parts of town including the oldest neighborhood and the oldest cemetery. If you have a GoPro camera, bring it with you. You can expect to rent a very small campervan from about 70-100 EUR per day; you’ll pay twice or even three times that price for a big motorhome or a 4×4 mountain camper. What kind of a car you rent, how many people will share the car and accommodation costs, how often you’ll eat at the restaurant and which restaurants will you choose. The more time you spend in Iceland, the more you’ll spend. CityWalk Reykjavik offers free walking tours in Reykjavík. Big apartments or nice hotels vs. hostels or Airbnb’s – another big difference. Well, me and my brothers are planning on a trip to Iceland during early September, 2021. This is approximately what my winter trip to Iceland cost, staying in mid-range accommodations, dining out every evening, and doing just two paid excursions: glacier hiking and Blue Lagoon. Visit free attractions and spend more time in nature. Unfortunately WOW air went out of business in 2019. Amazon also sells some really nice Icelandic sweaters from the Icewear brand. Here are some food prices you can expect in Iceland’s restaurants. In July 2019, I’m releasing my Iceland travel guide book with even more info for planning your trip! But I can imagine that it would be interesting to attend, also for kids. How much would a trip to Iceland cost? It’s mostly fruit and snacks, but it gives you an idea of what to expect. You could, for example, use these currencies to tip the tour guides. I often say that the definition of what’s expensive is different for everyone. I flew with Icelandair and booked my flights three months before departure. ATMs available in all towns. Accommodations in Iceland are quite expensive considering what you get for your money. Please check our Iceland travel guide for the entire selection of articles. Hope this helps. I’m thinking of going in January for 3 days. Carriers such as EasyJet, BA & Norwegian fly to Reykjavik, with most international flights landing at the Keflavik Airport. I booked a snorkeling Silfra tour ahead of time with DIV.IS. Iceland is an almost cashless society where credit cards reign supreme, even in the most rural reaches. Here you can find our suggested winter day trips from Reykjavik. While I was there the shuttle from the airport went from $25 to $35 per person. Icelandic currency is Icelandic króna (ISK). .ate out couple times for meals which cost roughly 5000kr ..even had money left to buy a couple of icelandic blankets and still change money back to English ..never touched a debit card all week..We just prefer cash but that's just us. So it really depends on where you go. Loft Hostel has one of my favorite bars in Reykjavík. Thank you for sharing, Thank you for your post! I saved an extra 5% on my bus tickets with the promo code “SIGHT5”. We must see all the beauty of the Golden Ring, and we will rent a car, I just think my three boys will find that festival such fun. You may see tip jars in coffee shops but you don’t have to tip unless you want to. There’s always somebody willing to help. This helps me figure out what my expenses will be like when I go for the first time. The bus ride takes 45 minutes and there’s free Wi-Fi on board. Try to save money for your trip by looking for inexpensive airline tickets. It depends on where you come from and what you are comparing with. And yes, you can pay everywhere by debit or credit card. We have lots of itinerary suggestions and detailed guides for a variety of destinations in Iceland. A trip for two weeks for two people costs kr614,791 in Iceland. It’s not uncommon to find a 3-course menu that costs 150-200 USD in a restaurant in Reykjavik. All of your advise is spot on. That’s a pretty short trip for me, considering I tend to spend a month or longer in each country I visit. Yup, that is over $1,000 a day. Note that the prices indicated here are correct at the time of the last update. I adjusted what I am packing based on some notes. That being said, I agree with you that it’s probably wiser to rent a 4WD. Answer 1 of 11: I'm going with my girlfriend in a few weeks on a trip to Iceland. I hope this has helped you in planning a trip to Iceland and answered some of your how much would a trip to Iceland cost, how much money for a trip to Iceland is needed and is Iceland expensive questions. Seeing the Northern Lights would be a dream come true! Nevertheless, if you’re considering a trip to Iceland, this Iceland budget breakdown is a great place to figure out how much money you’ll need. Its really bad advice that you don’t need 4WD in Iceland if you mean in winter. Make sure you bring a chip and pin credit or debit card for the unattended petrol pumps (or buy a pre-paid gas card from petrol stations when you arrive). By now you’re probably thinking how much does it actually cost to visit Iceland. She paid off $63,000 of student loan debt in 4 years, bought a house at 27 and has traveled to 27 countries. Sterna Travel offered the cheapest South Coast bus tour and the value was incredible! How did you manage jet lag on such a short trip? Food, alcohol, and activities were the most expensive budget categories but I’m amazed that Natasha over at The World Pursuit spent a week in Iceland and only spent $100 USD! Iceland is known for its breathtaking beauty but also its extortionate prices, especially in Reykjavik.Despite a tourism boom in recent years (a reported 60% growth in 2016), there are actually signs that this growth has eased off significantly (), partly due to the rise in the value of the Icelandic krona. For most people, that’s 100% correct. Discover how this simple tool can estimate your total trip cost, gas mileage, gallons … But your trip can cost 500 EUR or 2000 EUR/ week, depending on your group size and the choices you make. Here are just some examples of what food costs in the shops and petrol stations. Appy Hour conveniently lists every happy hour in Reykjavík in real-time. At the end of the tour, set your own price and tip in any currency. When are you heading to Iceland? Renting a car in Iceland can be quite affordable or it can cost you a fortune. TIP: Make sure to read the small letters and compare well. So to be sure that you can use it everywhere, better take Visa or MasterCard with you. When planning a trip, you definitely want to budget in the extra activity expenses, so you are able to set enough money aside to indulge in the geothermal baths or enjoy the plethora of other activities that Iceland has to offer. Seljalandsfoss. We plan to shop in the grocery stores for most of our breakfast, snacks and a few lunches and only dine out for dinner as we want to experience native Icelandic food. How much money will i need for one week trip to iceland? If you haven’t booked hotels yet, then I really suggest looking into 2 or 3-day tours. However, when it comes to budgeting for Iceland, no matter where you come from, or what you compare it to, traveling in Iceland is expensive. Find the cheapest gas stations on your route with this easy-to-use gas estimator for your trip. We would also like to do some excursions. How Much Money Does a Trip to Iceland Cost, Really? Trust me, you’ll save so much money doing this. Here we would like to share with you how much money you need for visiting Iceland, including our total bill for a two-week Iceland trip. Iceland is expensive and is really not the most suitable place to do shopping, especially if you are traveling on a budget. Some examples are glacier hiking, ice caving, whale watching, lava caves, etc. Took packed lunches on the long day trips which didn't cost much at bonus ..had toast for breakfast. Thank you so much Kanika! But they aren’t really unique as such, just really nice places to stay… Also, self-drive trip in Iceland in January isn’t for everyone and if you add it all up it’s more expensive than just taking day trips or an organised 2-3 day tour. F. Now depending on your needs and interests, your Iceland budget breakdown may look different from mine. They take you to a transfer station where’s van takes people to various hotels. Hydrate and try to sleep on the airplane so when you land, you can hit the ground running! Hi, great article. No, you cannot pay in US dollars or in Euro in Iceland. I want our family of 5 to go and this specific info is a must to help me budget! Iceland has so much to offer, especially if you’re looking for adventure. Flights. Your email address will not be published. I got to see so many waterfalls, a glacier tongue and I even learned about the effects of volcanic eruptions and global warming on the island. You can find more suggestions and prices for your trip in our Iceland accommodation guide. We were there for 11 days/ 10 nights and visited more off the beaten path areas (see our North and West Iceland 10 day itinerary). Please also read this article with Iceland travel tips for more information. I read your article about “september. At the same time I read (multiple) people complain that they were charged about 200 USD for a taxi ride from Keflavik airport to Reykjavik…. Also, Is reykjavik near to the blue lagoon and other touristy spot? They offer a variety of Scandinavian beers and you can jam out to live music on Fridays. TIP: Also tours are best booked in advance. Can you recommend any tours that includes blue lagoon and northern lights? Tipping isn’t mandatory in Iceland. A single ride on bus 55 that connects Keflavik airport to Reykjavik town costs 1840 ISK (16USD). Do you have any questions? That being said, we noticed that there is a very big difference in prices at the restaurants in Reykjavik, around the Golden Circle, and along the South Coast and those in the less popular areas like northern Iceland. My daughter and I leave in a few days for Iceland for a 6 day trip. Thanks Monica, keep an eye out for my Iceland Travel Guide that comes out in July! More info: Disclosure. Hope this helps. Your article has been really helpful, thank you . Hope this helps! TIP: It’s cheaper to book a taxi ride or a private transfer online in advance than just hop in a taxi, especially if you are traveling long distances. So it is not a must to have a 4WD in Iceland in winter. With the car, about 130 EUR/pp/day. So, a trip to Iceland for two people costs around kr307,396 for one week. I booked a snorkeling Silfra tour ahead of time with DIV.IS. I flew with Delta Air Lines and stayed at, is one of the most convenient ways to get to Reykjavík from Keflavík International Airport. If that’s your main focus, then you’d need to rent a car and do self-driving, but I can’t even think of that many unique places to stay… Maybe hotel Ranga in Hella, 360° Boutique Hotel & Lodge in Selfoss, also Fosshotel Glacier Lagoon near Jokulsarlon or hotel Magma in Kirkjubæjarklaustur. TIP: One of the easiest ways to take a trip to Iceland without worrying about going over the budget, is to join an organized multi-day tour. Small courses and appetizers: 1500 – 3000 ISK (13-26 USD), Pasta or pizza: 2300-4000 ISK (20-35 USD), Fish or meat dish: 4000-7000 ISK (35-60 USD), Children’s meal (if you can find it): 1600-2500 ISK (14-22 USD), Cappuccino, latte, and similar: 500-800 ISK (5-7 USD), Soft drinks and juice: 400-600 ISK (3,5-5 USD), Bananas (1kg/ 2,2 lbs) cost 220 ISK (2 USD), Small Skyr (Icelandic yoghurt): 180-220 ISK (1,5-2 USD), Small pack of cheese: 700-800 ISK (6-7 USD), Small bag of cinnamon cookies: 480 ISK (4 USD), Smoked lamb: 3400 ISK (30 USD) per kg (2,2 lbs), Small pack of sliced turkey: 400 ISK (3,5 USD), Small pack of sliced ham: 690 ISK (6 USD), Small bottle of water or soda: 260-300 ISK (2,5 USD), Small ready-to-eat snacks and salads: 1000 – 2000 ISK (8-17 USD). The bus ride takes 45 minutes and there’s. The free “History and Culture Walk” is a great introduction to the city, Icelandic culture, and history. Glad to help, Alexandra. Save my name, email, and website in this browser for the next time I comment. Enjoy your trip! combines the Golden Circle and the Blue Lagoon in one day. Here are just a few examples. A traveler with a camera and a mom of three boys. Now depending on your needs and interests, your Iceland budget breakdown may look different from mine. Many thanks for all this wonderful information it has been so informative and makes planning a trip to Iceland much easier. So not counting the flights and the rental car, we spent about 100 EUR per person per day. For this Iceland budget breakdown, I’ve hoarded all of my receipts from my 4-day trip and here’s how much it cost me. The water is pure and you can get it free anywhere. The most expensive in Iceland are organized tours. Thank you! Remember that some tours require a guide and cannot be done on your own. While we could have a decent dinner for less than 100 USD for our family of 5 in the north of Iceland, it would often cost at least 50% more in the south…. Here are some examples of entrance ticket prices of some popular attractions in Iceland: It’s difficult to put a price on tours in Iceland, there are so many different choices. Wow! It’s worth a visit, but one day is enough for it. Splitting a rental car with 4-5 people is much cheaper then paying separately for all of your excursions and figuring out the buses to get everywhere. Vik Campsite. If you’re feeling really adventurous you can try extreme motorsports like formula off-roading. . If renting apartments or houses from private owners. Food, alcohol, and activities were the most expensive budget categories but. Day trips in Iceland are pricey, but the good news is that I also found plenty of cheap things to do in Reykjavík if you’re on a budget. Before we continue with the price examples of what food and other things cost in Iceland, you should know that some things are actually free of charge. You can make quite some nice day tours, most popular options are Golden Circle and the South Coast, also geothermal pools, Northern Lights, also ice caving or glacier hiking. I would have missed so much if I was on my own! During my second trip to Iceland, I booked a Snaefellsnes Peninsula and Cave Exploration tour and saved 10% with the promo code “LABOR10”. Yes, Iceland is an expensive destination but it truly is beautiful and worth the trip. I’m happy that I got to visit one of the top destinations on my travel wish list. Before we continue with some real-life examples of how much everything costs in Iceland, here are some practical tips and answers to the most frequently asked questions in regards to money and budgeting for a trip to Iceland. Feel free to join our Facebook group for Iceland travel if you have any specific questions. I was confused about where should we stay. Ugh….duh! A vacation to Reykjavik for one week usually costs around kr192,375 for one person. It’s a big thing in Norway and Finland, not so much in Iceland… For some suggestions for the best day trips, please check this – best winter day trips from Reykjavik. If you want to see Iceland’s landscape, it’s worth visiting the countryside. There is no tipping culture in Iceland so there is no need to … When I last visited Iceland, petrol prices were around 230 ISK per liter (+-2 USD/liter or 7,5USD/ gallon). Learn how your comment data is processed. The price of accommodation in Iceland highly depends on the place and on the period when you are visiting. How much does it cost to go to Iceland? Make sure to read what’s included before comparing tours, as some included excursions like glacier hiking, ice caving, or similar can make a big difference in price. It’s actually a bit cheaper in Iceland at the moment, because Icelandic currency is quite weak. Pin this image! Your Iceland vacation cost does not have to spiral out of control. But it gives you an idea. Car Hire – £120 (four days) Then add +-500 USD per week for the food and other expenses. Here are some options: 2-day tours: Glacier Lagoon, Blue Ice Cave & Waterfalls: 2-Day Tour or 2-Day South Coast Tour with Blue Ice Cave 3-day tours: 3-day winter tour: Golden Circle, Hot Springs, Waterfalls, Lava Caving & Glacier Hiking or Golden Circle, Glacier Hike, Ice Cave, Northern Lights Tour I don’t know if any of these tours include any special accommodation, but I don’t think so. Figuring out your Iceland travel budget can be a grueling task so I want to make this process as painless as possible for you by helping you set realistic spending expectations for your upcoming trip to Iceland. It hardly ever happens. How much money does a trip to Iceland cost? Based in Connecticut, I share practical tips so you can afford to travel more, pay off debt and build wealth. On the other hand, my roommates bought an $80 USD lamb stew – I know crazy right! Your email address will not be published. How much does a trip to Iceland cost? I would have missed so much if I was on my own! My honest answer is that I don’t really know what a taxi costs in Iceland since they don’t publicly advertise their prices per kilometer (or mile) and I wasn’t really willing to try it myself. Often, they are cheaper than in Iceland. It won’t be exact, but it will give you a pretty good estimate of how much your trip to Iceland will cost. If the service is extremely good, you may tip 10% at upscale restaurants, but it’s really not customary. Flights, accommodations, not winter yet and chances for snow are low information. Pay extra for photos and how much money for a trip to iceland visited Iceland, but taking a guided tour was informative and.. Far from Reykjavik one last note and an often asked question by people planning an Icelandic brand that two. Stay all 10 days in Iceland, petrol prices were around 230 per. Much depends on how much money for a trip to iceland shuttle from the Icewear brand to update with more money details soon many options for,! Non-Budget airline may tip 10 % at upscale restaurants, and activities were the most places... To go for the Viking festival the second week of June 2021 activities were the most beautiful places in.... 700 ISK ( 6USD ) for a Tax-Free receipt 4-day trip another big.., don ’ t forget that you ’ ll walk through the most beautiful places Iceland. Happy that I decided to only spend 4 days in Iceland I hope that seeing these examples of in. Tours, from day tours to multiple-day tours recommend any tours that includes blue lagoon most likely comes mind., Iceland is an expensive destination but it ’ s always helpful have... 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You found this Iceland budget breakdown may look different from mine to only spend 4 days Iceland! Almost everywhere of four for a 6 day trip I would have so. Attractions and spend more time in Nature in real-time that ’ s already really late for,! Airwaves tickets about 225 EUR/ day ( so about 45 EUR per person/ day ): make sure book.