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Insider Travel Tips

Discover the cost of exploring Iceland's breathtaking landscapes.

How much does a trip to Iceland cost?

Iceland is known to be an expensive country to visit, though pricing will vary greatly depending on the time of year and style of trip. For a week-long vacation to Iceland, an individual traveller should budget at least $3,500, not including the price of air travel. Preparing beforehand to find transportation, accommodation, and dining options that are suitable to your budget will be valuable.

How to plan a trip to Iceland?

The best way to explore Iceland is on a tailor-made vacation that caters to your individual interests. Do you want to bathe in the milky waters of the Blue Lagoon, or enjoy the northern lights while driving the Golden Circle? Everyone has their own style of travel. Discover tailor-made travel in Iceland with the help of a Goway Destination Specialist.

Where are the best places to visit in Iceland?

Capital city Reykjavik is easily enjoyed on foot and is a highlight for its dining and culture, including museums that trace Iceland’s Viking heritage. Take a drive along The Golden Circle, a popular 153-mile (247-kilometre) loop departing from Reykjavik. The route features three iconic stops including Thingvellir National Park, the geothermal geyser of Haukadalur, and the Gullfoss waterfall. In Northwestern Iceland, visit the sparsely populated Westfjords, home to the Dynjandi waterfall, quaint fishing villages, and wildlife such as whales, seals, and puffins. Before heading home, a relaxing stop at the famed Blue Lagoon geothermal spa is convenient, as it’s located only 20 minutes from the airport. It was formed on an 800-year-old lava field and features mineral-saturated milky blue water with a temperature between 98° to 104°F (37°to 40°C).

Can you see the Northern Lights in Iceland?

While not a guarantee, seeing the aurora borealis, otherwise known as the Northern Lights, is often a highlight for travellers to Iceland. It is best to view them from September to March in the countryside, on a clear dark night without clouds. There are even special guides who will help seek out the ideal location and conditions that are best for watching the sky come to life.

What is needed to prepare for a trip to Iceland?

With Iceland’s location at the Arctic Circle, drastic temperature changes and unpredictable weather are to be expected. If you are planning outdoor adventures, pack smart with a waterproof jacket and warm layers, and do not forget a cozy hat even in the summer. It is critical to alert people to your excursion plans, so you can be helped in case of an emergency. It is popular to travel by car rental, but note that some mountain roads are only open for a short time during the Summer. Following safety signage at all attractions, such as Reynisfjara black sand beach is important for everyone. Fortunately, there are no animal predators dangerous to travellers. 

Is Iceland LGBTQ+ friendly?

For LGBTQ+ travellers seeking outdoor adventure, Iceland is a welcoming destination with strong legal protections prohibiting discrimination based on sexual orientation and gender identity. In 2009 Iceland became the first country in the world to have a gay head of government. In a small country with a population of only 370,000, Reykjavik annually hosts a ten-day Pride festival in August that attracts 100,000 people from all over the world. While you’re unlikely to run into any discriminatory experiences, Icelandic people can be socially reserved, and regardless of orientation or sexual expression, you may witness little public affection. 

What currency does Iceland use?

The official currency of Iceland is called the Icelandic Krona (ISK). On average $1 USD is worth 130 ISK, but exchange rates are always fluctuating, so check the latest rates before travelling. Iceland operates near cashless, so electronic payment methods of credit and debit cards are preferred for all purchases. 

What language is spoken in Iceland?

The official language of Iceland is Icelandic, which is known as one of the hardest languages to learn and pronounce. Fortunately for travellers, over 95% of Icelanders speak English fluently. However, it doesn’t hurt to know a few simple Icelandic words such as hello, hallo and thank you, takk.

Do I need to tip in Iceland?

Tipping in Iceland is not customary, though you may see a tip already included at some restaurants. Otherwise, you may add a modest 5-10% to the total bill, considered an expression of gratitude for good service. Other services such as hotel luggage assistance, taxis, and tour guides can be tipped modestly at your discretion.

Featured Iceland Trip Ideas

Iceland Travel Packages

Goway Select

Gullfoss Waterfalls
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Iceland Complete Road Trip

Reykjavik and Golden Circle
Explore Iceland's stunning scenery on an unforgettable road trip. From Reykjavik, visit geysers, glaciers, and waterfalls, and unwind in the famous Blue Lagoon before heading home.
10 days
From US$2,465/p.p.
Request a Quote

Festivals & Special Events

Total solar eclipse
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Chasing the Solar Eclipse Road Trip - August 2026

Reykjavik
Journey to witness one of nature’s rarest spectacles, a total solar eclipse.
5 days
From US$2,759/p.p.
Request a Quote

Most Popular Vacations

Seljalandsfoss Waterfall during the sunset, Beautiful waterfall in Iceland.
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Iceland Golden Circle: South Coast Road Trip

Reykjavik and Golden Circle
Explore Iceland’s waterfalls, volcanoes and hot springs on this independent self-drive adventure, from the Blue Lagoon to Vik and the wild beauty of the south coast.
5 days
From US$1,006/p.p.
Request a Quote

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