Iceland is the most plausible and renowned destination that is on many a visitor’s wish list, but it is usually pushed to the back due to the reason that it is well-known as one of the most costly places in the cosmos.
However, after spending lots of time exploring this beautiful stead, I found that it is easy convenient, and possible to travel in Iceland in an ample pocket. But how much will this trip cost?
Well, the answer to that question varies because it ultimately depends upon your luxury and savings. And in all honesty, the price of this trip does not have to be astronomically high.
Iceland is consistently getting top position in the list of the least budget-friendly countries in the world. Yet it’s a country where I can easily visit because it’s a beautiful and loving nation. After reaching the ring road, hitchhiking the West Fjords, and getting together at Reykjavik, you can tell your loved ones that traveling to Iceland can be done on a downy pocket.
Here, I will provide our cost-effective tips to help you save your precious money during your Iceland trip. I’ll begin by providing you an outlook of what things costs in this beautiful nation and how to make a budget for your trip, and then I’ll share some exigent and different budget tips to help you travel in Iceland on a budget.
I will share some essential ways to save your precious money in Iceland on flights, accommodation, rental vehicles, fuel, eating, alcohol, groceries, camping, and sightseeing.
Suggested Budget for Iceland
How much does it cost to enjoy Iceland’s trip? Well, not as much as you think! On the low end, you have to pay $60–$75 USD a day. That cost includes utilizing local transportation, accommodation, budget Airbnb, tracking or camping, take free tours only; cooking all of your daily meals, and drastically limiting your sumptuous drinking.
At $235+ USD or more a day, you could have accommodation or private Airbnb, full-day meals, go for any tours you want, rent a vehicle, go whale watching, and enjoy anything you want here.
Ways to save money in Iceland
Various aspects in Iceland will eat into your budget, from booking a hotel to drinking alcohol to even just eating out at a restaurant. Fortunately, Iceland is the best place full of natural beauty and fun. The site includes countless waterfalls, hot springs, hiking trails, hot pots, and mountains for you to have fun.
But there are some other ways to save your pocket here too. Here are my top tips for staying on budget during the Iceland trip:
Hitchhike
Iceland is one of the most beautiful and safest nations on the globe for hitchhikers. You can get rides throughout the place. It’s especially ingenious in the southern portion of Iceland, between Reykjavik and Vik. It’s also not difficult to get a ride in the off-season or in the sparsely populated northern part. I hitchhiked in the Westfjords, and it usually took me an hour or two to have a ride. However, in the south, you’ll get the ride in only 15-20 minutes.
Bring a water bottle
The local water in this well-established country is incredibly clean and safe for your healthy body. Single-use plastic water bottles tariff about $3 USD, constructing this a no-brainer: carry a reusable water bottle with you and refill it with the local water. It will save your pocket and help the environment. There’s no need to purchase water here.
Carry your own sheets
Many hostels in Iceland charge you around $10 USD for bed sheets if you are not carrying your own linens. However, be sure to research your place thoroughly as some will not allow you to bring your own sheets, and some will not charge you anything.
Consider a camping holiday
Camping is one of the best cost-effective ways to overnight in this nation and also gets you to enjoy outside and under the shining stars. This is an exalted option to stay for long in Iceland in an ample pocket. I will share all the necessary information you required to know to decide if camping is the bonzer way for you and how much you can expect to pay per night.
Couchsurf with locals
Iceland has a very deedful Couchsurfing community. I stayed with some hosts in Reykjavik and Akureyri, and I visited the famous Golden Circle (the ring of attractions near Reykjavik) with someone else. Getting embraced with the community here is a sure-fire aisle to save your unpriced money, infest local insights, meet prodigious people, and get a free place to stay.
Iceland doesn’t have to be a very lavish place to visit. It could be a cheap destination by being flexible with your accommodation, limiting your dear drinking and eating out, and enjoying the prodigality of free activities.