Tips to Enjoy Iceland Without Breaking The Bank

Iceland has some of the most beautiful terrains in the world, from the ethereal natural hot springs to the weird glaciers. Photographers and nature lovers are all drawn to this fantastic location. Iceland’s seclusion contributes to its allure but also results in a higher cost of living, making going there prohibitively expensive. If you plan to visit, you can save money in several ways. These tips include booking early, staying in budget accommodation, and limiting drinking.

Rent a Vehicle

On any trip, figuring out how to use public transit can be a significant stressor, and individual journeys on Uber or other ride-sharing apps may add up rapidly. To save both time and money, rent a vehicle. Renting a cheap campervan in Iceland is a fantastic choice to save money on lodging. A bed, things for sleeping, and a kitchenette are included. With soaring mountains, black sand beaches, glaciers and waterfalls, it is no wonder that Iceland has become an increasingly popular destination for campervan holidays.

On the other hand, a 4×4 rental or SUV hire offers dependable mobility through Iceland’s rugged terrain. Although inexpensive choices are always available, we advise something different than skimping on a reliable rental automobile. Pick a car suitable for the weather and your scheduled activities to be safe. Renting a motorhome is one of the best ways to save money when traveling to Iceland, as they are typically the most affordable RV rental option. Plus, they offer all the basic amenities you need to stay comfortable on the road, including a bathroom, shower, kitchen, and fridge/freezer.

Book Early

You must make reservations in advance to obtain the best prices on your lodging, rental vehicle, or tours. Hotels, especially in Reykjavik, fill up fast. Also, you can save money by booking a tour package that includes your accommodation and tours. These are generally the best value options, leaving you with more spending money to enjoy Icelandic experiences!

Don’t Drink

There are several ways to avoid drinking while traveling to Iceland. Whether it’s sticking to a budget, waiting until after dinner or not being involved in rounds, there are a lot of simple tips you can follow that will save you money. Drinking tap water whenever feasible is among the easiest things to do. It is both more cost-effective and environmentally friendly than purchasing bottled water.


Carpooling is among the most effective strategies to reduce the cost of a trip to Iceland. It is a great way to travel on a budget and helps the environment by reducing fuel costs and pollution. There is a simple website that will match you up with people who are looking to carpool. It works by requesting a ride from where ever you want to go in Iceland and can help you find someone going the same way.

Get Travel Companions

Getting travel companions to share the cost of your trip can help you save money. Whether traveling alone or as a couple, group travel can make everything from renting a car to booking a private tour more affordable. You can find travel companions on several websites, such as Samferda. This website lets you connect with other travelers and arrange shared transportation, such as carpooling.

Cook Your Food

Food prices in Iceland can be expensive, but if you plan, you can save a ton of money. Many cities and towns have discount grocery stores where you can find everything you need to cook a meal. You can also cook your food in a motorhome or at one of the campsites or guesthouses with shared kitchens. There are several possibilities if you’re a vegetarian or vegan. Additionally, packing your meals can help you save a ton of money. Instead of eating out at restaurants, try going for a picnic. Grab some staples at Bonus (the cheapest supermarket in Iceland) and enjoy a meal outdoors.

Vacationing Off-Season

The busiest travel times for tourists to Iceland are in the spring and summer when the weather is warmer, and all routes are available. But if you want to cut costs, think about going in the off-season, from November to February. It will indeed be chilly. However, if you dress warmly and schedule your activities wisely, you may enjoy yourself without spending much money. Since the days and the nights are shorter, this is also the finest time to see the Northern Lights (Aurora Borealis) in all their splendor.

Stay in Budget Accommodations

If you’re looking to save money while traveling to Iceland, one of the best ways is to stay in budget accommodation. It will allow you to enjoy many of the country’s spectacular natural wonders without breaking the bank. Hostels are also an excellent option for saving money as they are cheaper than hotels. Many hostels are members of the Hosteling International group and offer discounted rates to their members!

About the Author: Mike

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