How Much Does an Iceland Tour Cost? A Complete Breakdown
Iceland is a land of breathtaking contrasts—glaciers meet volcanoes, black sand beaches stretch along rugged coastlines, and geothermal hot springs bubble beneath dramatic landscapes. Whether you dream of chasing the northern lights, soaking in the Blue Lagoon, or exploring the Golden Circle, a trip to Iceland promises adventure and natural beauty.
But one of the most common questions travelers ask before booking is: How much does an Iceland tour cost?
The answer depends on several factors, including whether you opt for a self-guided trip or a guided tour, how long you stay, and your travel style. Iceland has a reputation for being expensive, but with proper planning, you can find an option that fits your budget.
In this guide, we’ll break down the cost of a trip to Iceland, compare self-guided and guided tours, and help you determine which type of travel experience is right for you.
Is Iceland Expensive to Visit? Understanding the Costs
Before we dive into tour costs, it’s important to understand why Iceland trip costs tend to be higher than in other destinations.
- Geography & Imports: Since Iceland is an island nation, many goods—including food and fuel—are imported, leading to higher prices.
- High-Quality Services: Whether it’s guided tours, accommodations, or meals, Iceland places a strong emphasis on quality, which often translates into higher costs.
- Seasonal Demand: Prices for accommodations, car rentals, and tours can fluctuate significantly between high and low seasons.
Despite these factors, Iceland remains a bucket-list destination, and with the right planning, you can make the most of your budget.
Self-Guided Tours: A Budget-Friendly Option?
If you prefer flexibility and adventure, a self-guided trip may be a great way to experience Iceland at your own pace. However, even when planning a do-it-yourself itinerary, the cost to go to Iceland can add up quickly. Below is a breakdown of typical expenses:
1. Transportation Costs
- Car Rental: $80–$150 per day (higher for 4WD vehicles needed in winter or for F-roads).
- Gas: Around $2.30 per liter (approximately $9 per gallon). A road trip around Iceland’s famous Ring Road can easily cost $300–$600 in fuel.
- Public Transportation: Buses are available but limited. Fares range from $5–$50 depending on distance.
2. Accommodation Costs
- Budget (hostels, guesthouses): $50–$150 per night.
- Mid-Range (hotels, boutique stays): $150–$300 per night.
- Luxury (high-end hotels, lodges): $350+ per night.
- Camping (seasonal option): $10–$20 per night per person at campsites (requires equipment rental or campervan).
3. Food Costs
- Dining Out: Restaurants are expensive, with average meal prices ranging from $25–$50 per person.
- Groceries: Shopping at supermarkets like Bónus or Krónan can help you save money, costing around $10–$20 per day for simple meals.
- Fast Food & Gas Station Meals: A quick meal like a hot dog from Iceland’s famous Bæjarins Beztu Pylsur costs about $5, while fast food meals range from $10–$20.
4. Activities & Entrance Fees
- Popular Attractions: Many of Iceland’s natural wonders are free, but some require an entrance fee:
- Blue Lagoon: $60–$90 per person.
- Sky Lagoon: $55–$80 per person.
- Glacier Hikes & Ice Cave Tours: $150–$300 per person.
- Whale Watching: $80–$150 per person.
5. Total Estimated Cost for a 7-Day Self-Guided Trip
For one week, a self-guided Iceland trip cost can range between $2,500–$4,000 per person, excluding flights. While this option provides freedom, it also requires significant planning, driving in unpredictable weather, and potential additional costs for last-minute changes.
Guided Tours: A Stress-Free and Enriching Experience
If you’d rather sit back and enjoy Iceland without worrying about logistics, guided tours are a fantastic choice. While the initial cost of a trip to Iceland with a guided tour may be higher, these packages offer significant value by bundling accommodations, transportation, meals, and activities.
1. Typical Costs for Guided Tours
- Day Tours: $100–$300 per person, including transportation, guides, and entry fees.
- Multi-Day Tours: $2,000–$6,000+ per person, depending on duration and accommodations.
2. What’s Included in Guided Tours?
- Expert Guides: Learn from locals who share deep insights into Iceland’s history, geology, and culture.
- Hassle-Free Transportation: Comfortable, climate-appropriate vehicles eliminate the need for self-driving.
- Exclusive Experiences: Access to lesser-known locations, private excursions, and hidden gems.
- Pre-Arranged Accommodations: No last-minute booking stress—stay in quality lodgings with great amenities.
- Meals: Many guided tours include traditional Icelandic meals, reducing dining-out costs.
3. Why Choose a Guided Tour?
- Time-Saving: No need to research routes, accommodations, or schedules.
- Safety & Comfort: Iceland’s rugged landscapes can be challenging, especially in winter.
- Authenticity: Local guides provide unique experiences beyond tourist hotspots.
- Stress-Free Experience: Everything is arranged for you—just show up and enjoy!
An Example: Women’s Wellness Retreat in Iceland
For those seeking a truly immersive experience, consider our women’s wellness retreat in North Iceland. Priced at $5,400 per participant, this exclusive trip includes:
✔️ Mindfulness workshops & sound healing sessions.
✔️ Access to geothermal spas & floating therapy in mineral-rich waters.
✔️ Guided exploration of Arctic fjords, local museums & northern lights viewing.
✔️ Cozy accommodations with wellness amenities like saunas & hot tubs.
✔️ Expert-led excursions blending relaxation, culture, and adventure.
This retreat offers far more than sightseeing—it’s a transformational travel experience.
Final Thoughts: What’s the Real Cost to Go to Iceland?
So, how much does an Iceland tour cost? The answer depends on your preferences.
- For budget-conscious travelers, a self-guided trip may be more affordable but requires careful planning and flexibility.
- For those who value ease and experience, guided tours provide an unparalleled way to explore Iceland without the stress of planning and navigating.
Whether you’re traveling solo, with friends, or joining a specialized retreat, Iceland is an investment worth making.
Green Edventures offers the most comprehensive selection of Iceland Women’s Adventures available anywhere. We are Iceland experts and are dedicated to bringing the magic of Iceland to women everywhere! Let’s GO!
- Iceland Women’s Hot Springs Mindfulness & Northern Lights Tour
https://greenedventures.com/tours/iceland-womens-hot-springs-mindfulness-northern-lights-tour/ - Iceland Women’s Mindfulness & Multi-Sport Tour
https://greenedventures.com/tours/iceland-womens-mindfulness-multi-sport/ - Iceland Women’s Laugavegur Hike 2025
https://greenedventures.com/tours/iceland-womens-laugavegur-hike/ - Iceland Women’s Adventure South Coast Multi-Sport Tour
https://greenedventures.com/tours/iceland-womens-adventure/ - Iceland Women’s Knitting & Northern Lights + Réttir Tour
https://greenedventures.com/tours/iceland-womens-knitting-northern-lights-rettir/ - Iceland West Fjords Lopapeysa Knitting Tour
https://greenedventures.com/tours/iceland-west-fjords-lopapeysa-knitting-tour/ - Iceland Women’s Fire, Ice & Northern Lights Tour 2025
https://greenedventures.com/tours/iceland-womens-adventure-fire-ice-northern-lights/