How expensive is Iceland really?

February 4, 2026 · Travel Tips

photographer: Satyawan Narinedhat : https://www.linkedin.com/in/snarinedhat/

Understanding the Real Cost of Traveling in Iceland

Iceland often gets a reputation for being expensive, but with a bit of planning—and by choosing smart options like Ourhotels.is—you can experience breathtaking nature without breaking the bank. From hidden waterfalls to cozy guesthouses, here’s how to make the most of your trip.

Accommodation: Comfort Meets Value

Staying close to top sights doesn’t have to cost a fortune. Ourhotels.is offers properties such as Hvítá Inn in Borgarfjörður, just a short drive from Borgarnes. Clean rooms, friendly service and a hearty breakfast mean you start each day energized for adventure. Booking directly through Ourhotels.is often unlocks the best rates and personalized recommendations.

Food and Drink: Balancing Taste and Budget

  • Self-catering: Stock up on groceries in Reykjavík or Borgarnes to prepare simple meals.
  • Local bites: Try a fish soup at a roadside café for under 2,000 ISK.
  • Tap water: Iceland’s water is among the purest in the world—bring a refillable bottle to save on bottled water.

Transportation and Activities

  • Car rental vs. bus: A small rental car can be surprisingly affordable when split among friends and gives you freedom to explore.
  • Free attractions: Visit public hot springs, waterfall viewpoints and lava fields without an entry fee.
  • Guided tours: Book glacier walks or whale watching in advance to get early-bird discounts.

When to Go: Seasons and Savings

High season (June–August) brings warmer days and midnight sun but also higher prices. Shoulder seasons (May and September) offer fewer crowds, crisp landscapes, and lower rates on accommodation and car rentals. Winter travel (November–March) is ideal for Northern Lights hunters, with deals available on hotels like Hvítá Inn and off-peak tour discounts.

What to Pack

  • Layering essentials: Waterproof outer shell, fleece mid-layer, thermal base layers.
  • Sturdy hiking boots: For trails, lava fields, and glaciers.
  • Reusable water bottle and travel mug.
  • Swimwear: For hot springs and geothermal pools.
  • Power adapter: Iceland uses standard European plugs (Type C/E).

Ideal Trip Length

For a classic Ring Road adventure, plan on 7–10 days to cover waterfalls, black-sand beaches, geysers and small towns at a relaxed pace. If you’re focusing on the Westfjords and West Iceland regions, 5–7 days is perfect for hiking in rugged fjords and exploring cultural gems like Stykkishólmur and Ísafjörður.

Why Book with Ourhotels.is?

  • Handpicked properties: From Hvítá Inn’s riverside charm to warm local inns in Ísafjörður.
  • Local expertise: Personalized tips on best routes, hidden sights and seasonal events.
  • Best rate guarantee: Exclusive deals when you book directly.
  • Flexible policies: Free cancellation and easy modifications.

Ready to discover the real cost—and real magic—of Iceland? Book your next stay at Ourhotels.is and unlock a seamless, budget-friendly adventure in Westfjords and West Iceland.