15 Best Cheap Iceland Tours

Iceland is known for being expensive, mainly due to its high living costs, imported goods, and limited local production. Expenses for accommodation, food, and activities can add up quickly. However, you can still find budget-friendly options like camping, staying in hostels, or cooking your own meals to lower costs while experiencing Iceland's beauty.

The cost of a trip to Iceland depends on various factors such as the season, type of accommodation, and activities. Budget trips may cost around $1,500 to $2,000 per person for a week, while mid-range trips may range from $2,000 to $4,000. Luxury experiences, including premium accommodations and guided tours, could exceed $5,000.

Iceland offers a wide range of activities that don’t break the bank, such as visiting waterfalls, black sand beaches, and hiking trails in national parks like Þórsmörk and Skaftafell. Many natural attractions are free to explore, and public geothermal pools provide an affordable way to enjoy Iceland's famous hot springs.

Planning an affordable trip to Iceland starts with booking flights and accommodations early. Opt for self-catering accommodations or campgrounds to save on lodging costs. Prepare your own meals by shopping for groceries locally and take advantage of free or low-cost natural attractions. Consider visiting during the off-season to benefit from lower prices.

The cost of a meal in Iceland varies. At a casual restaurant, expect to pay around $20 to $30 for a main dish. Fast food options, like sandwiches or hot dogs, are more affordable, typically ranging from $10 to $15. Grocery shopping can help save money, with weekly groceries costing around $60 to $100 for one person.

Iceland is a cashless society where most places accept credit and debit cards. However, it's good to carry a small amount of cash (about $50 to $100) for emergencies or rural areas where card payments may not be available. ATMs are widespread, so you can easily withdraw cash if needed during your stay.

Iceland vacation packages typically include accommodations, airport transfers, transportation, and guided tours to popular sites like the Golden Circle and the Blue Lagoon. Some packages also offer additional activities, such as glacier hikes or whale watching. Always review the package details to ensure it fits your preferences and expectations.

It’s best to book your Iceland trip 6 to 9 months in advance if traveling during peak season, such as summer or the Iceland Airwaves festival. Booking early gives you access to better accommodations and flight options. For off-season travel, 3 to 6 months ahead is usually enough for securing good deals.

A budget-friendly trip to Iceland can be arranged by looking for low-cost flights, booking accommodations in hostels, or staying at campsites. Consider preparing your own meals and visiting free natural attractions like waterfalls and hiking trails. You can also rent a car and explore the country at your own pace, cutting down on tour costs.

For an Iceland vacation, pack warm layers and waterproof clothing due to the unpredictable weather. Be sure to bring sturdy shoes for hiking, a waterproof jacket, and essential items like a camera, water bottle, and travel adapters. If visiting hot springs, a swimsuit is necessary. Don’t forget gloves and hats for colder months.