How Much Money Do You Need For A Week In Iceland?

Why is Iceland so expensive to visit?

Iceland is One of the Most Expensive Countries in the World to Live in.

The equipment needed to run a farm has to be imported, making Icelandic farms costly.

Other factors, such as a growing tourism industry that circulates around the city centre, has made rent prices for locals out of proportion..

Is Iceland worth the money?

So if you stumbled upon this post wondering if Iceland is worth visiting, then my answer is YES, absolutely. Iceland is one of the most beautiful and unique places on our planet and it’s definitely worth a trip. If anyone tells you that Iceland is boring, then they just don’t know how to appreciate natural beauty…

Why is it so expensive in Iceland?

Natural reasons. First of all, there are natural reasons for Iceland being expensive. It′s an island in the middle of North Atlantic Ocean, so all transport needs to be done via flights or shipping. … This also means a lot of goods and food products are imported a long way to Iceland.

What is the best currency to take to Iceland?

Icelandic KroneThe currency used in Iceland is the Icelandic Krone (pronounced “krona”), ISK. Euro/Mastercard and Visa credit and debit cards are widely used. In larger towns and airports it is easy to withdraw cash through ATMs (cash machines).

How much should I budget for a trip to Iceland?

A minimal budget for Iceland is $60-80 USD per person per day — and that’s staying in a hostel dorm, cooking most of your own meals, skipping tours, and taking buses. A mid-range budget is more like $200 USD per person per day.

What should you avoid in Iceland?

15 Things to Avoid as a Tourist in IcelandDon’t Leave Your Coat at Home. … Don’t Underestimate the Weather. … Don’t Get Caught in the Dark (or Light) … Avoid Buying Bottled Water in Stores. … Avoid Shopping at 10-11. … Don’t Be Fooled by the Light “Beer” in the Supermarkets. … Don’t Assume You Can Buy Alcohol Anywhere, Anytime. … Don’t Drive Too Fast.More items…•

What is the best month to visit Iceland?

Midnight sun and warmer temperatures make summer the best season to visit Iceland. Although hikers will want to consider July and August as the best time to visit Iceland whereas February, March, September and October are typically the best time to visit Iceland for the Northern Lights.

How much is a cup of coffee in Iceland?

A cup of latté or cappuccino estimates at 600 ISK, tea at around 400 ISK (usually with free hot water refills) and a regular black coffee goes for anything from 200-500 ISK. There are a few ways to get around this.

Are there homeless in Iceland?

Nobody Sleeps on the Streets in Iceland Sure, there are homeless people in this country, but they usually spend their nights in shelters, not sleeping roughly on the streets, and not begging for money. People simply wouldn’t survive sleeping outside during the Icelandic winters.

How much should I budget for a week in Iceland?

But be sure to read on to see the breakdown and ways that you can save money in each category. (And join my private Iceland Trip Planning Facebook Group for money saving tips!) The average cost for a trip to Iceland for a family of four for a week is $7-9,000. Yup, that is over $1,000 a day.

How much money do you need per day in Iceland?

You should plan to spend around kr21,957 ($172) per day on your vacation in Iceland, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, kr3,783 ($30) on meals for one day and kr3,399 ($27) on local transportation.

Is a week in Iceland enough?

What do most people recommend for a week in Iceland? Read on to find out all you need to know about What To Do With 7 Days in Iceland. Good news for you, a week is more than enough time to experience the many cultural and natural highlights on offer in Iceland.