How Much it Cost to Travel to Reykjavik: Detailed Prices

Last Updated: Dec 2023

In spite of some stories saying that the city has legendary nightlife, Reykjavik should primarily looked at as the place to start and end your Iceland visit, rather than the focus of it. The rest of the island is as magical as any place on earth and you should absolutely visit if you can.

Is Reykjavik Expensive or Cheap?

Reykjavik is famously expensive, although it’s gotten a bit better since the 2008 currency crisis. Still, nearly everything you will want to do will cost more than almost anywhere else in Europe, or on the planet for that matter.

Reykjavik City Featured Image

Travel Costs to Reykjavik

Population 120,000
Area 200,000
Timezone UTC+0
Currency Iceland kronur
BACKPACKER INDEX: US$116.06
1 USD = 138.1900 ISK
133 World cities ranked cheapest to most expensive: Backpacker Index for 2024

What is the Average Price of a Hotel in Reykjavik?

Reykjavik Hotel Seasons

Reykjavik Hotel Prices

Rating Price(USD)
starstarstarstarstar23.16 - 43.42
starstarstarstarstar43.68 - 83.17
starstarstarstarstar58.44 - 163.10
starstarstarstarstar126.86 - 182.50
starstarstarstarstar36.91 - 386.43

Reykjavik Hostels Prices

Type Price(USD)
Hostel Bed15.85 - 36.21

How much does it cost to visit top attractions in Reykjavik?

Best tours in Reykjavik

Location Description Type Price(USD)
Blue Lagoon geothermal spaIceland's most popular attraction is this spa located closer to the airport, so you have to get out there by bus or car. Prices here are for just the basic package.
adults
63.35
National Museum of IcelandThis museum also has good views of the city.
adults
seniors
under 18
18.09
8.68
0.00
Whale watching boat tripThese 3-hour excursions take you out to see whales and dolphins.
adults
57.89
Hallgrímskirkja Church TowerTake the elevator up to the observation area for by far the best views in town.
adults
children
9.41
1.45

What’s the average price of food and drink in Reykjavik?

Food Type Description Price(USD)
Budget breakfastBreakfast will likely be included with your hotel. If not fast food is your best budget option.6.66 - 12.30
Budget lunchHot dogs are excellent, fairly cheap, and abundant in Reykjavik, but other casual choices are there.7.96 - 14.47
Budget dinnerIf you want a proper sit-down meal the Icelandic cuisine tends to be pricey. Thai and other international options are cheaper.17.37 - 26.05
Beer (pint)Look for happy hour deals or you'll pay at the top of this range.5.79 - 9.41
Pizza for oneMany places serve really good small pizzas that are worthwhile.15.92 - 20.26

What are the costs of transportation in Reykjavik?

Type Price(USD)
Taxi from airport to city center108.55
FlyBus from airport to city center21.35
3km taxi ride in Reykjavik9.41 - 13.75
Bus ride in Reykjavik3.26
One day bus and museum pass25.33
Weekly car rental (high season)578.91 - 940.73

Getting to Reykjavik

Getting around Reykjavik

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When to visit Reykjavik

Temperature and rainfall

Month High F Low F Precip (inches)
January35273.0
February37282.8
March38283.2
April42332.3
May49391.7
June53442.0
July56472.0
August55462.4
September50412.6
October44362.4
November38302.9
December36273.1

Reykjavik Weather advice

Sunrise and sunset

21 Mar7:26am7:46pm
21 Jun2:25am12:04am
21 Sep7:08am7:33pm
21 Dec11:22am3:29pm

Where to go before and after