Reykjavik, Iceland Price Guide Last Updated: Dec 2021

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.

BACKPACKER INDEX: US$98.01
1 USD = 143.4800 ISK
136 World cities ranked cheapest to most expensive: Backpacker Index for 2022

Reykjavik Hotel Prices

Rating Price(USD)
starstarstarstarstar22.30 - 41.82
starstarstarstarstar42.07 - 80.10
starstarstarstarstar56.29 - 157.09
starstarstarstarstar122.18 - 175.77
starstarstarstarstar35.55 - 372.18

Reykjavik Hostels Prices

Type Price(USD)
Hostel Bed15.27 - 34.88

Reykjavik Attractions Prices

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
48.72
National Museum of IcelandThis museum also has good views of the city.
adults
seniors
under 18
17.42
8.36
0.00
Whale watching boat tripThese 3-hour excursions take you out to see whales and dolphins.
adults
55.76
Hallgrímskirkja Church TowerTake the elevator up to the observation area for by far the best views in town.
adults
6.27

Reykjavik Food and drink prices

Food Type Description Price(USD)
Budget breakfastBreakfast will likely be included with your hotel. If not fast food is your best budget option.5.23 - 9.76
Budget lunchHot dogs are excellent, fairly cheap, and abundant in Reykjavik, but other casual choices are there.6.06 - 11.15
Budget dinnerIf you want a proper sit-down meal the Icelandic cuisine tends to be pricey. Thai and other international options are cheaper.13.66 - 20.91
Beer (pint)Look for happy hour deals or you'll pay at the top of this range.4.67 - 8.36
Pizza for oneMany places serve really good small pizzas that are worthwhile.12.20 - 15.33

transportation prices

Type Price(USD)
Taxi from airport to city center104.54
FlyBus from airport to city center20.56
3km taxi ride in Reykjavik9.06 - 13.24
Bus ride in Reykjavik3.14
One day bus and museum pass24.39
Weekly car rental (high season)418.18 - 836.35
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