How Expensive Is It to Road Trip Iceland?

By Robert Palmer

Are you planning a road trip to Iceland? This beautiful country is known for its stunning landscapes, glaciers, waterfalls, and volcanoes. But before packing your bags and hitting the road, it’s important to know how much a road trip in Iceland can cost.

Transportation
The first thing you need to consider is transportation. Renting a car is the most popular way to travel around Iceland.

You can find rental cars starting at around 50 USD per day for a small car. However, keep in mind that prices can increase during peak season (June-August) and if you want a larger vehicle or 4×4 for off-road adventures.

Tip: Book your rental car in advance to get the best deals.

Fuel
Fuel prices in Iceland are high compared to other countries. On average, you can expect to pay around 2 USD per liter of gas. The good news is that Iceland is relatively small and you won’t be driving long distances every day.

Tip: Fill up your tank whenever you see a gas station as they can be few and far between in some areas.

Accommodation
Accommodation in Iceland can be expensive, especially during peak season. A budget-friendly option is camping which costs around 15-25 USD per person per night. If camping isn’t your thing, guesthouses or hostels are also available starting at around 50 USD per night.

Tip: Consider staying outside of Reykjavik as it’s more affordable and less crowded.

Food
Eating out in Iceland can be pricey with meals costing over 20 USD per person at restaurants. A more budget-friendly option is to cook your own meals as groceries are similar in price to other European countries.

Tip: Stock up on groceries at larger Supermarkets like Bonus or Kronan.

Activities
Iceland offers a variety of activities such as hiking, hot springs, and whale watching. Prices vary depending on the activity but expect to pay around 70-100 USD per person for a guided tour or activity.

Tip: Research free activities such as hiking or visiting waterfalls to save money.

Total Cost
Overall, a road trip in Iceland can cost around 100-200 USD per day per person depending on your choices for transportation, accommodation, food, and activities.

Conclusion

While Iceland can be expensive, it’s worth it for the unforgettable experiences and stunning landscapes. By planning ahead and making budget-conscious choices, you can have a memorable road trip without breaking the bank.