Reykjavik Trip Cost Calculator

Reykjavik costs $150-250/day for budget travelers. The world's northernmost capital with volcanic landscapes at your doorstep.

Budget
$150-250/day
Mid-Range
$300-450/day
Luxury
$600-1200/day
Currency
kr ISK
days
traveler
Accommodation
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Hostel Dorm
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Guesthouse
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Mid-Range Hotel
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Luxury Hotel
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Food & Dining
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Pylsur (Hot Dog)
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Self-Catering
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Casual Restaurant
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Fine Dining
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Transportation
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Walking
kr0 free
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Strætó Bus
kr0 per ride
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Rental Car
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Activities & Attractions
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Hallgrímskirkja Tower
kr0 per person
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Harpa Concert Hall
kr0 free
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Golden Circle Day Trip
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Whale Watching
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Miscellaneous
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Beer (Bar)
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Coffee
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Public Swimming Pool
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Reykjavik Budget Guide

Your Reykjavik Budget at a Glance

Reykjavik is small, colorful, and expensive - but it’s the gateway to Iceland’s incredible landscapes. The city itself is walkable with excellent museums, quirky cafés, and the famous nightlife scene. Budget travelers can manage on $150-250 per day with careful planning, mid-range travelers should expect $300-450 per day, and luxury seekers will spend $600+ per day.

Where Your Money Goes

Accommodation is the biggest expense. Food is pricey unless you self-cater. Activities like Blue Lagoon and tours add up fast. Walking the city is free.

Budget Traveler Tips

Maximize your króna by:

  • Shopping at Bónus supermarket
  • Buying duty-free alcohol at airport
  • Using public pools instead of Blue Lagoon
  • Self-driving to Golden Circle
  • Eating hot dogs for quick meals

Money-Saving Tips

Shop at Bónus

Pink pig logo = cheapest supermarket. Self-cater to save massively.

Save $40-60 per day

Airport Duty-Free

Buy alcohol on arrival. Bar prices are $12-15 per beer.

Save $50+ per trip

Public Pools Over Blue Lagoon

Local pools cost $10 vs $100+ for Blue Lagoon. Authentic experience.

Save $90 per person

Self-Drive Day Trips

Golden Circle tours cost $80-150. Self-drive for fuel cost only.

Save $50-100 per day trip

Best Time to Visit

Prices can vary by 50% depending on the season

Peak Season (More Expensive)

  • June - August (midnight sun)
  • Christmas/New Year
  • Northern Lights season (Sept-March)

Low Season (Best Deals)

  • October - November
  • January - February

Frequently Asked Questions

How much does a week in Reykjavik cost?
A week in Reykjavik costs $1,050-1,750 for budget travelers, $2,100-3,150 for mid-range, and $4,200+ for luxury travelers. This includes accommodation, food, transport, and activities.
Is Reykjavik expensive?
Yes, Reykjavik is expensive. It's consistently ranked among Europe's priciest cities. But strategic planning can help manage costs.
How many days in Reykjavik is enough?
2-3 days for the city. Most visitors use Reykjavik as a base for Golden Circle, South Coast, and other day trips.

Ready to Explore Reykjavik?

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