Subscribe Now

travelers today

Home » Travel Tips

Iceland Now The World’s Most Expensive Travel Destination: Here Are Some Money Saving Tips If You’re Headed There

Travelers Today       By    MJ De Castro

Updated: Jun 19, 2018 10:57 PM EDT

Text Size: A A A

Iceland is undeniably one of the most popular countries to visit. Although the magnificent views that it offers are free, other expenses in the country might break your bank.

If you want to see its amazing northern lights, astonishing volcanoes, and breathtaking landscapes but don't want to deplete your savings, here are a few budget-friendly tips that will make your holiday in Iceland worthwhile.

Use Digital Strategies to Maximize Savings

A large part of any spending comes from the flight and hotel packages that many travelers find online.  While hotels may not always be the best option as you will see after reading the rest of this article, it is still possible to maximize savings even if you are inclined towards booking a hotel.

This is because many shopping sites online track you using cookies.  When you revisit certain websites, prices may gradually increase since the website would notice that you are looking at similar packages.  Furthermore, prices may vary depending on your location as seen through your IP address. To avoid this, you can use a private search mode such as Google Incognito Mode and further augment that with tools like a VPN to identify for locations where prices may be cheaper. 

Rent A Small Car

Renting a 4x4 to drive through the country's most famous landscapes will set you back by over $600. To save on car rental, you can rent a sedan or any other compact car, which only cost around $300.

Whether travelers choose to drive a grand car or settle for something less, they will surely enjoy the countryside that's packed with so many places to visit such as glaciers and waterfalls with names only a few people can pronounce.

Rent a Camper

You can hire a camper for a reasonable price. A budget camper from Cozy Campers is equipped with a gas stove, cookware, refrigerator, heating system, and bedding (duvet, linens, pillows). Those amenities alone would set you up for a comfortable and budget-friendly trip.

Iceland's designated campsites have a range of facilities for cooking, laundry, and personal hygiene. Campgrounds don't generally require reservations, although you need to check their opening times. With strategic financial decisions, Iceland can be well within one's reach. 

Don't Buy Bottled Water

Bottled water sold in Iceland is a trap. Potable water in the country runs free of charge. That's right, people here drink and refill from the tap. This makes it possible for every traveler to access drinkable water anywhere.

This tip will not only let you reduce plastic waste, but it will also leave more money for other beverages such as Einstok, or Icelandic beer. Just make sure to bring a tumbler.

Don't Stay In Hotels

Skipping hotels in exchange for cabins, guesthouses, or other homestays is definitely something that gives travelers a more immersive cultural experience. Reasonably priced places to spend your night in include Hunkubakkar, located between Jökulsárlón and Vik, and Vinland Guesthouse, located near Egilsstaðir.

For the cheapest deals on places to stay, you can check out Airbnb. Who knows, a farm with a cozy vacant room may be open to welcome guests.

Feeling adventurous? Be close to nature by setting up a tent or a sleeping bag and camp out under the northern lights for free in some public spaces. Designated campgrounds will cost around $14. Not too bad compared to hotel bills. Don't worry, Iceland is one of the safest places for travelers.

Don't Drink

Iceland is home to high taxes, and alcohol is not an exception to this. Unless you plan on tracking happy hour using Appy Hour app to get beer discounts, alcohol in Iceland is a nightmare for your wallet.

The best way to save up on drinking money is to not drink at all. People who don't drink in the country are most likely to enjoy their tours. Let's face it, nobody likes to hike with a raging hangover. For those who can't resist beer, they can choose to get it at duty free in order to save.

Save Up On Meals

Experiencing Icelandic cuisine should not come at a high cost. However, eating out in the country can be really expensive, so it is recommended to eat out at lunchtime, when the dish of the day is reasonably priced.

Although it is not the healthiest alternative, hotdog stalls that offer cheap food can also be found throughout the city of Reykjavik, one of the best summer destinations in Europe. People can also opt for grocery shopping for essentials, such as eggs, cereal, bread, and vegetables, and cook their own food.

See Now: The U.S. had the highest number of Most Wanted properties, dominating the Hotels.com Loved By Guests Awards 2018

Tags
iceland, travel tips, budget friendly
© 2023 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

Subscribe to our newsletter

Receive the latest travel news, reviews, and more..

Most Popular

6 Tips For Traveling With Young Children

6 Tips For Traveling With Young Children

Planning for a trip takes some time, even if it's just you g

How Traveling Can Make You Happy

How Traveling Can Make You Happy

If you have never traveled before but are thinking of doing so then

Scottish Islands: The Best Places to Reside!

Scottish Islands: The Best Places to Reside!

So there are a few islands that can be found off the Sco

How to Plan a Multi-Destination Honeymoon During COVID

How to Plan a Multi-Destination Honeymoon During COVID

You need to know how to plan appropriately and

7 Tips for Amazing Campus Visits

7 Tips for Amazing Campus Visits

A campus visit's significance could not be overstated. After all, fo

4 Tips For Curating The Perfect Gallery Wall

4 Tips For Curating The Perfect Gallery Wall

Having a gallery wall brings plenty of benefits to your

Water Travel Options That Don’t Involve a Cruise

Water Travel Options That Don’t Involve a Cruise

There is something equally relaxing and invigorati

Photo by Erik Odiin on Unsplash

Things That Will Help Cost-Conscious Vacationers Save Money

There are several ways you can significan

Photo by Mikhail Nilov from Pexels

How to Make Vet Visits Affordable in 2022

If the situation is minor, you might be lucky and get away

Photo by Tim Samuel from Pexels

Know Your Florida Driving Rules

There is so much to do in the region, but we want to focus on some of

Photo by Ging Ang from Pexels

Holidaying in your own Country: Try these Fun Trips!

Many countries are opening their borders, but if

Photo by Jessica Lewis Creative from Pexels

The Best Tech Tools for Expats

Here’s a quick look at most versatile tech tools for expats on the m

Photo by Tobi from Pexels

How to Turn a Road Trip Into A Luxury Adventure

But a road trip doesn’t have to mean living on the

Australian Citizenship Test: Everything You Need to Know

Australian Citizenship Test: Everything You Need to Know

Do you want to become a citizen of Australia

Hair transplant Istanbul: Why is it so popular?

Hair Transplant Istanbul: Why is it so Popular?

Getting a hair transplant in Istanbul is affordable i

What’s Going on with Rental Cars Right Now?

What’s Going on with Rental Cars Right Now?

They are incredibly expensive, and they’re also in sh

Role of Professional companies in International Trade

Role of Professional companies in International Trade

International trade holds great importance in a

The 5 Best Wines from Germany

The 5 Best Wines from Germany

Riesling is Germany’s best-known wine, but the country makes other fi

Here's Why You Should Go Camping On Weekends

Here's Why You Should Go Camping On Weekends

There is nothing like the great outdoors –– nature

The Best Tote Bags To Travel With in 2022

The Best Tote Bags To Travel With in 2022

Who knew you could pack your entire life away into one litt

7 Captivating Attractions for Kids in San Diego

7 Captivating Attractions for Kids in San Diego

San Diego is a magnificent place, and it would not be

travelers today

© 2023 TRAVELERS TODAY All rights reserved.

Subscribe to our newsletter
Real Time Analytics