How much does a trip to Iceland cost?
Quick answer
Iceland is one of Europe's more expensive destinations. As a rough guide, budget travellers spend around €100–150 per person per day, mid-range €200–350, and luxury travellers €500+ once accommodation, food and tours are included. For reference, a private airport transfer starts at 21,500 ISK per vehicle and a private Golden Circle day tour from 90,000 ISK per vehicle for up to 8 people.
What drives the cost
- Accommodation — the biggest line item; hotels in Reykjavík are pricey, guesthouses less so.
- Food and drink — restaurants and alcohol are expensive (see our guide on whether Iceland is expensive).
- Transport and tours — a rental car, or private transfers and day tours.
- Time of year — summer costs more than the shoulder seasons.
Rough daily budgets (per person)
- Budget: €100–150 (guesthouses, self-catering, buses).
- Mid-range: €200–350 (hotels, some restaurants, a few tours).
- Luxury: €500+ (top hotels, private driver, fine dining).
Where a private driver fits
Private transfers and tours are priced per vehicle, so splitting the cost across 4–8 people is often close to per-seat coach prices while giving you a private trip. HófyVIP's airport transfer is from 21,500 ISK and a Golden Circle day from 90,000 ISK — for the whole vehicle.
Easy ways to save
Travel in the shoulder season, drink the (excellent) tap water, enjoy the many free natural sights, and share a private vehicle as a group.
Ready to plan your trip?
Tell us your dates and we'll arrange a private airport transfer or a tailor-made tour with a local driver-guide.