How Much Does It Cost to Travel to Reykjavik?
Daily travel budgets and cost breakdown for Reykjavik, Iceland. Updated for 2026.
Estimated Total
$2,450
7 days in Reykjavik · Mid-Range · 1 traveler
$350/day per person
| Category | Backpacker | Mid-Range | Luxury |
|---|---|---|---|
| Accommodation | $49 | $140 | $360 |
| Food & Drink | $42 | $88 | $160 |
| Transport | $21 | $53 | $96 |
| Activities | $14 | $42 | $120 |
| Miscellaneous | $14 | $28 | $64 |
| Daily Total | $140 | $350 | $800 |
Local Prices
Budget Meal
$25
Mid-Range Meal
$55
Fine Dining
$120
Coffee
$7
Beer
$13
Day Pass
$15
Your ~$88/day food budget ≈ 3 budget meals + a coffee
Finance your Reykjavik trip
Pay over time from $204/month. Split your $2,450 trip into easy installments.
Frequently Asked Questions
How much does it cost to travel to Reykjavik?
Daily travel costs in Reykjavik range from $140 (backpacker) to $800 (luxury). A mid-range traveler should budget around $350/day. For a 7-day trip, expect to spend between $980 and $5,600.
Is Reykjavik expensive for tourists?
Reykjavik is relatively expensive for tourists, with mid-range daily costs around $350. Budget travelers can reduce costs significantly by staying in hostels and eating local food.
How much should I budget per day in Reykjavik?
Budget per day in Reykjavik: Backpacker $140, Mid-range $350, Luxury $800. This includes accommodation, food, transport, and activities. Use our calculator above to customize based on your trip duration and number of travelers.
What is the cheapest time to visit Reykjavik?
The cheapest time to visit Reykjavik is typically during the shoulder or off-season when accommodation and flight prices drop. Check our Best Time to Visit tool for specific month-by-month recommendations.
Continue Planning Your Reykjavik Trip
Best Time to Visit
Weather & crowd data for Reykjavik
Safety Check
Is Reykjavik safe to visit?
Visa Requirements
Entry requirements & docs
Packing List
What to pack for Reykjavik
Things to Do
Activities & attractions in Reykjavik
Tourism News
Latest travel news for Reykjavik
Plan Your Trip
AI-powered itinerary for Reykjavik