Average cost of trip to Iceland

Accommodation, food, transport and entertainment costs in Iceland

Updated Feb. 3, 2021

How much money are you going to need for your trip to Iceland? You should plan to spend around 19,654.95 Íkr ($155.72) per day on your trip to Iceland for one person and 29,212.32 Íkr ($231.44) for two when traveling. This budget includes accommodation costs for 2 adults in a good 4-star hotel (10,097.59 Íkr $80.00), lunch in a local restaurant, street food and drinks for a day (14,361.29 Íkr $113.78) and some entertainment (4,753.44 Íkr $37.66) for two. Find more about Iceland travel budget in 2020 below.

How much will a one-week trip to Iceland cost? The average one-week vacaction cost to Iceland is around 172,073.05 Íkr ($1,363.28) for one person and around 259,327.40 Íkr ($2,054.57) for a couple including flights. March is the cheapest month to go to Iceland.

Budget

One Week for Two 162,838.50 Íkr ≈ $1,290.12
Two Weeks for Two 298,885.09 Íkr ≈ $2,367.97

Comfort

One Week for Two 259,327.40 Íkr ≈ $2,054.57
Two Weeks for Two 459,823.22 Íkr ≈ $3,643.03

High-end

One Week for Two 375,781.16 Íkr ≈ $2,977.20
Two Weeks for Two 689,734.83 Íkr ≈ $5,464.55
Iceland Travel Budget

Iceland

Currency kr (Iceland Krona)
Exchange Rate 100kr $
Exchange rates provided by Open Exchange Rates. Last updated 26 Jul 2021, 00:30 UTC.

💰 Is it expensive to visit Iceland?

A lot of people want to visit Iceland and wonder what the budget would be like. Like with any vacation, the cost depends on where you’re flying from, what kind of accommodations you’re looking for and what you want to see or how you want to spend time. We're colleting all these travel costs from other travellers just like you, so you can make a better estimate of the budget for a trip that matches your own preferences.

✈ Cost of flights to Iceland from

Sorry! We do not have this data yet.

🛏 Average prices for accommodation in Iceland

How much do hotels charge per night in Iceland? High season in Iceland runs from May to November. One night in a mid-range hotel during these months costs around $100.00. Low season spans from January to April. You can get a room for a night for as low as $49.00. Some nice bargains are usually also available, especially at the higher end resorts.

AirBnB. Double rooms in AirBnB cost around $89.45 per night, but prices can go up to 11% higher during high season.

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Latest inputs for accommodation prices in Iceland
Added Type of Accomodation Month of Stay Price Per Night, $
Feb. 3, 2021 AirBnB February $57.17
Jan. 24, 2021 AirBnB January $69.42
Jan. 19, 2021 AirBnB January $64.50
Jan. 14, 2021 AirBnB January $64.58
Jan. 9, 2021 AirBnB January $63.08
Jan. 4, 2021 AirBnB January $64.17
Dec. 24, 2020 AirBnB December $82.58
Dec. 16, 2020 AirBnB December $68.92
Dec. 11, 2020 AirBnB December $63.58
Dec. 1, 2020 AirBnB December $113.56

🍲 Average prices for food and eating out in Iceland

How much does food in Iceland cost? The average cost of food and drinks in Iceland is 0.00 Íkr ($0.00) per day for one person. An average street food meal in Iceland would cost you around 3,229.97 Íkr ($25.59). A sit-in dinner for two people would cost around 4,901.12 Íkr ($38.83). Lunch in a mid-range cafe or restaurant would cost you something between the two.

How much do drinks cost? A bottle of water in Iceland is around 230.98 Íkr ($1.83). A soft drink is around 223.41 Íkr ($1.77) when you buy it in a supermarket. A beer would cost you around 831.79 Íkr ($6.59) when you buy it in a bar.

Average prices for meals and drinks in Iceland
Type Average Price Add Your Input!
Supermarket Drinks
🥤 Soft Drink 223.41 Íkr ≈$1.77
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🍺 Beer
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💧 Bottle of Water 230.98 Íkr ≈$1.83
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Bar Drinks
🥤 Soft Drink
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🍺 Beer 831.79 Íkr ≈$6.59
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🍹 Alcoholic Cocktail
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Meals
🍽 Dinner for Two 4,901.12 Íkr ≈$38.83
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🌯 Street Food 3,229.97 Íkr ≈$25.59
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🍿 Local Snack
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Latest inputs for food and drinks prices in Iceland
Added Type Price, ISK
April 23, 2020 🥤 Soft Drink 224.67 Íkr $1.78
April 23, 2020 🍺 Beer 795.18 Íkr $6.30
April 23, 2020 🍽 Dinner for Two 3,232.49 Íkr $25.61
April 23, 2020 🌯 Street Food 3,232.49 Íkr $25.61
April 23, 2020 🍽 Dinner for Two 2,152.05 Íkr $17.05
April 23, 2020 🍽 Dinner for Two 11,619.80 Íkr $92.06
April 23, 2020 🍺 Beer 860.82 Íkr $6.82
April 23, 2020 🥤 Soft Drink 295.35 Íkr $2.34
April 23, 2020 💧 Bottle of Water 230.98 Íkr $1.83
April 20, 2020 🥤 Soft Drink 227.20 Íkr $1.80

🏛 Average prices for entertainment in Iceland

What are the prices for entertainment and activities in Iceland?

Average prices for entertainemnt and activities in Iceland
Type Average Price
🏰 Group Tour
🏛 Museum
🤹 Show or Theatre 1,375.80 Íkr ≈$10.90
🕺 Night Club
🏄 Experience
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Latest inputs for entertainment and activities prices in Iceland
Added Type of Entertainment of Activity Price, ISK
April 23, 2020 🤹 Show or Theatre 1,377.06 Íkr $10.91

🚌 Average prices for transport and car rentals in Iceland

How much does airport transfer cost in Iceland? The average cost of a 20-minute taxi ride is approximately 258.75 Íkr ($2.05).

Average prices for transport and car rentals in Iceland
Type Average Price Add Your Input!
Transfers
🚍 Airport Transfer
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Taxi
🚖 Taxi 258.75 Íkr ≈$2.05
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Public Transport
🚉 Public Transport 405.17 Íkr ≈$3.21
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Transport Rentals
🚉 Regular Car Rental, per day
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🏍 Motorbike Rental, per day
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Latest inputs for transportation prices in Iceland
Added Type of Transport Price, ISK
April 23, 2020 🚖 Taxi 258.75 Íkr $2.05
April 23, 2020 🚉 Public Transport 405.17 Íkr $3.21

☀ Weather in Iceland

The hottest season in Iceland runs from April to September. The average temperature is around 13 °C. The rainy season is from December to April with average rainfall of 61mm.

🤑 Calculate your Iceland travel budget

Trip Month
Travel From
Travel With
Stay For
Stay At
Eating Out
Entertainment
Transport
Local prices are converted to $ USD
Destination in Iceland Total Flight Accomodation Eating Out Entertainment Transport Pocket Cash
Iceland 1363.3 0 560 398.2 131.8 46.1 227.2

All Popular Destinations in Iceland