Also, flying with Icelandair meant that the first checked bag was free! The average flight to Reykjavík from New York City costs well over $400 USD.ĭuring this trip, I stayed at Kex Hostel Reykjavík in a six-bed female dorm for 6,800 ISK or $63.11 USD per night. At the time, this was the cheapest flight I’ve ever seen to Reykjavík on a non-budget airline. My round-trip ticket to Reykjavík from New York City cost $273.45 USD. I flew with Icelandair and booked my flights three months before departure. If hostels aren’t your thing, search for hotels and guest houses in Reykjavík here.įor my second trip to Iceland, I booked my flight and lodging separately. Hostels in Iceland aren’t as cheap as other parts of Europe but it’s still a cost-effective option. I flew with Delta Air Lines and stayed at Loft Hostel. I also redeemed a $25 Expedia+ coupon from all the points I accumulated. I purchased my flight and accommodation package six months ahead of time on Expedia. Round-Trip Flights from NYC + Hostel: $562 USD Check out how much a trip to Bermuda costs here!
How expensive is Iceland relative to other countries?Īccording to Numbeo’s Cost of Living Index by Country, Iceland is the fourth most expensive country followed by Norway, Switzerland, and Bermuda. Although Iceland has a reputation for 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. Nevertheless, this is a great resource for figuring out how much money you’ll need. For this Iceland travel cost breakdown, I’ve hoarded all of my receipts from my 4-day trip, and here’s how much it cost me. Since I’ve visited a total of three times, I also included some other fun facts here as well.ĭepending on your needs and interests, your Iceland budget breakdown may look different from mine. Check out Kex and Oddsson in Reykjavik for some inspiration.How much does a trip to Iceland cost? 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 providing budget hacks and helping you set realistic spending expectations for your upcoming trip to Iceland. These private rooms are generally less expensive than hotel rooms, as well. As you can imagine, hostels in Iceland are beautifully designed, and they offer private rooms with private bathrooms, in most cases. Most bars in Reykjavik have them - go out early and be rewarded. If you're traveling with a family, it will be a lot cheaper for you to rent a car and visit the sights instead of paying a tour fee for each person. Save money on bus tours, and rent a car.This will help you save a lot on dining out, and it's what most locals do most nights. Not to mention the logo is a drunken pig with a black eye - it doesn't get more quirky than that. Bónus is the local grocery store chain and it's a delightful experience. This is going to help you a lot if you plan on visiting the more rural parts of the country where hotel room rates can be astronomical. Check out farm stays over hotel visits.The hike to it will take you through a cave, across a river, and through some incredible canyons. If you're looking to get outside for an afternoon, head to Glymur, the country's second tallest waterfall. If you're looking for some lesser-walked paths, find a guide and head to the Central Highlands (which are only accessible during the summer months). Take a hike: Exploring Iceland by foot is one of the best ways to see it.There are also tiny little geysers all around the pool.
It's thought to be one of the oldest hot springs in the country and you can still get pretty close to the original changing house that's on-site. Secret Lagoon, which you'll find near Reykholt (about 90 minutes from Reykjavik) is a less crowded option.
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