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How to Travel to Iceland On A Budget


Iceland is one of my favorite places in the world. It’s got everything you could want from a trip: gorgeous scenery, fascinating history, rugged wilderness and friendly locals. And it’s one of the few countries that still has affordable travel options for young travelers. Whether you’re just looking for a weekend getaway or planning an epic road trip across Scandinavia, this guide will help you plan your next trip to Iceland without breaking the bank!

Book your flight

To get the best deals on flights, you’ll want to be flexible with your dates. If you can, try not to book flights right away: airlines will often have sales in advance of any major holidays or festivals (such as Memorial Day weekend). You might end up saving hundreds of dollars by waiting a few weeks before booking your flight!

If hotels are more expensive than usual in Iceland during the time period that works for your schedule, consider staying at an Airbnb instead. Airbnbs tend not to be as expensive as hotels because they’re usually just people renting out their homes–but they’re still nice enough that you won’t feel like a slumlord either way! Plus if there’s anything wrong with the place when you arrive (like maybe one room hasn’t been cleaned), Airbnb gives customers 24 hours after check-in before asking them for feedback about their stay.*

Choose your accommodation

When choosing where to stay, there are many options. If you’re looking for a more affordable option, consider renting a private room instead of staying in a hotel. Hostels are also great because they offer dorm rooms that can be cheaper than some hotels and provide access to other travelers who might be able to help you plan your trip or give advice on what to see. Hotels vary greatly in price depending on their amenities; for example, some will have pools while others have golf courses or spas nearby. If you’re looking for something more unique than this standard fare, consider booking an apartment through Airbnb (they often offer deals!) or staying at one of Iceland’s many guesthouses–these establishments typically offer friendly service as well as breakfast included with your stay!

Finally: camping sites! These tend not only afford great views (and occasionally showers) but also allow guests access during off-peak seasons when most other accommodations would be closed due to weather conditions like snowfall or foggy conditions preventing travel around town safely without assistance from professionals who know how best navigate tricky terrain safely without getting lost along way.”

Get the most out of your visit with the right travel insurance.

Travel insurance is a good idea even if you’re not sure it will be needed. You never know when an unexpected illness or injury might strike, and having the right travel insurance can help avoid some of the worst financial consequences. This includes coverage for trip cancellation and interruption, lost luggage and medical emergencies.

If you plan on traveling often in the future–or if there are any other factors that increase your risk of needing to cancel or interrupt a trip–then purchasing travel insurance should be at the top of your list when planning any trip abroad (or even within Canada). It’s also worth noting that many airlines now offer their own versions; however these tend to be more expensive than third party options like those offered by World Nomads

Pack smartly.

  • Pack light. Iceland is a small country, so you don’t need to bring everything you own along with you. Pack just enough clothes and toiletries for your trip, and leave the rest behind.
  • Pack a waterproof jacket. It can rain in Iceland at any time of year–and even when it doesn’t rain, the weather can be very wet and windy! A good waterproof jacket will keep your clothing dry even if it’s pouring outside.
  • Pack a pair of hiking shoes or boots (and maybe some socks). You’ll want sturdy footwear when hiking through lava fields or scaling mountains! Don’t forget socks; those rocky trails can tear up bare feet pretty quickly!
  • Pack a camera/phone/iPad etc., but remember that taking photos is illegal inside some museums so check before snapping away…

Iceland is expensive but there are ways to save money for an awesome trip.

To help you get the most out of your trip, we have put together a list of tips and tricks that will help you save money while still having an amazing time in Iceland.

  • The right time to go: The best time to visit Iceland depends on what type of experience you want. If you’re looking for winter activities like snowshoeing or skiing, then December through February is best. However, if it’s summer heat waves that are calling your name then June through August might be better suited for you!
  • Accommodation: There are plenty of hostels around Reykjavik where travelers can find affordable accommodation at under $50 per night (or even less). Hostels also provide amenities such as kitchens so guests can cook their own meals instead of eating out every day which helps save even more money! Another great option is AirBnB; although rooms tend to cost more than hostels ($200-$300+ per night), they often come with free breakfast which makes up some ground when compared against restaurants’ prices!


We hope you’ve enjoyed our guide to traveling to Iceland on a budget. If you have any questions, please leave them in the comments below and we’ll do our best to answer them!

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