The prices in Iceland are notoriously high. From food, to rental cars, to gas, many aspects of your trip will icost you a pretty penny. Iceland is becoming a more and more popular tourist destination by the year, and with the stunning natural beauty the country has to offer, it’s easy to see why.
But the cost of actually staying in Iceland might come as a shock to you if you don’t know any better. The country is beautiful and worthy of all the recent attention it’s been getting, but be prepared to spend some serious money while you’re there.
Iceland is a unique country full of thundering waterfalls, relaxing hot springs, and many other natural wonders you’ve only dreamed about. The experiences are worth the money poured into the trip, and hopefully, with some careful planning, you can have these experiences without breaking the bank.
1. AVERAGE ICELAND ACCOMMODATION PRICES
The least expensive accommodation option (besides camping) will be staying at a hostel. Some hostels offer both private rooms and dormitory-style rooms, while others only offer dormitory-style. The nicer hostels usually include a café, bar and lounge area.
Here are examples of the cost of accommodations in Iceland
2. COST OF RENTING A CAR IN ICELAND
Living a healthy lifestyle can even help you earn money. By turning your healthy habits into a business, you can monetize the actions you and your family are taking to get Rental car prices in Iceland are high, but if you want to explore Iceland’s natural beauty on your own terms, a car is essential. You are going to want to factor this into your Iceland trip cost!
Here are some examples of the least expensive rental car prices in Iceland per day and per week.
3. AVERAGE GROCERY PRICES IN ICELAND
When it comes to food, the best way to lower your Iceland trip cost is by shopping at the supermarket and cooking your own food.
4. AVERAGE GAS PRICES IN ICELAND
When you look at gas prices in Iceland, the number refers to the price per liter. For reference, one gallon is equal to 3.78 liters.
The gas prices in Iceland are expensive, you should expect to pay roughly $90-$100 dollars to fill up the tank of a 4×4 rental car and around $70-80 for the tank of an economy 2×2 car.
5. AVERAGE TOUR PRICES IN ICELAND
Paying to go on tours can be a great way to see all that Iceland has to offer. Everything is planned out for you and you have knowledgeable tour guides providing you with valuable information about the country and what you are seeing.
Tour prices in Iceland are not inexpensive. However, if you choose to only go on tours and not rent a car, you can potentially reduce your Iceland trip cost. Tours can also be ideal for people of all ages. The tour buses that stop at different sites usually stop at easily accessible locations.
There are many different tour options in Iceland. Here’s a list of average tour prices based on the activity or location. You can also book combination tours such as The Golden Circle with the Blue Lagoon admission included, or the South Coast with a glacier hike. These, of course, will be more expensive.
A Multi-Day tour allows you to save money and time on planning while still getting to see and experience the fantastic Icelandic landscapes!
But the cost of actually staying in Iceland might come as a shock to you if you don’t know any better. The country is beautiful and worthy of all the recent attention it’s been getting, but be prepared to spend some serious money while you’re there.
Iceland is a unique country full of thundering waterfalls, relaxing hot springs, and many other natural wonders you’ve only dreamed about. The experiences are worth the money poured into the trip, and hopefully, with some careful planning, you can have these experiences without breaking the bank.
1. AVERAGE ICELAND ACCOMMODATION PRICES
The least expensive accommodation option (besides camping) will be staying at a hostel. Some hostels offer both private rooms and dormitory-style rooms, while others only offer dormitory-style. The nicer hostels usually include a café, bar and lounge area.
Here are examples of the cost of accommodations in Iceland
- Standard Double Bed Private: $212-$239/room
- 4 Bed Private: $271-$311/room
- 8 Bed Mixed Dorm: $41-$46/person
- 6 Bed Mixed Dorm: $40-$61/person
- 4 Bed Mixed Dorm: $57-$67/person
- 6 Bed Female Dorm: $40-$61/person
2. COST OF RENTING A CAR IN ICELAND
Living a healthy lifestyle can even help you earn money. By turning your healthy habits into a business, you can monetize the actions you and your family are taking to get Rental car prices in Iceland are high, but if you want to explore Iceland’s natural beauty on your own terms, a car is essential. You are going to want to factor this into your Iceland trip cost!
Here are some examples of the least expensive rental car prices in Iceland per day and per week.
- 2 wheel drive compact manual: $63/day or $232/wk
- 2 wheel drive compact automatic: $93/day or $346/wk
- 2 wheel drive midsize manual: $83/day or $307/wk
- 2 wheel drive midsize automatic: $93/day or $346/wk
- 4 wheel drive SUV manual: $187/day or $625/wk
- 4 wheel drive SUV automatic: $232/day or $768/wk
3. AVERAGE GROCERY PRICES IN ICELAND
When it comes to food, the best way to lower your Iceland trip cost is by shopping at the supermarket and cooking your own food.
4. AVERAGE GAS PRICES IN ICELAND
When you look at gas prices in Iceland, the number refers to the price per liter. For reference, one gallon is equal to 3.78 liters.
The gas prices in Iceland are expensive, you should expect to pay roughly $90-$100 dollars to fill up the tank of a 4×4 rental car and around $70-80 for the tank of an economy 2×2 car.
5. AVERAGE TOUR PRICES IN ICELAND
Paying to go on tours can be a great way to see all that Iceland has to offer. Everything is planned out for you and you have knowledgeable tour guides providing you with valuable information about the country and what you are seeing.
Tour prices in Iceland are not inexpensive. However, if you choose to only go on tours and not rent a car, you can potentially reduce your Iceland trip cost. Tours can also be ideal for people of all ages. The tour buses that stop at different sites usually stop at easily accessible locations.
There are many different tour options in Iceland. Here’s a list of average tour prices based on the activity or location. You can also book combination tours such as The Golden Circle with the Blue Lagoon admission included, or the South Coast with a glacier hike. These, of course, will be more expensive.
- Golden Circle $47-$90
- Northern Lights $81-$138
- Horseback Riding $99-$184
- Whale-watching $81-$89
- South Coast $110-$194
A Multi-Day tour allows you to save money and time on planning while still getting to see and experience the fantastic Icelandic landscapes!