Trip to Iceland Cost: What You Need to Know 2024 | Trip.com (2024)

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

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

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

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

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

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

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

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

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

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

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

Cheap flights from New York to Reykjavík

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Methods to Save Money When Traveling to Iceland

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

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

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

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

Tips for Traveling to Iceland

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

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

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