Affordable trips to Iceland
Iceland Tours packages are priced to give you genuine value without cutting corners on what matters. Every package includes pre-booked accommodation, a rental car or local transport, daily breakfast, and a detailed day-by-day itinerary. There are no hidden fees, and you can secure your trip with a 5% deposit.
Choose from self-drive tours with our Best Price Guarantee, multi-day tours from Reykjavík, or camping packages that bring the cost down further. Optional add-ons including Blue Lagoon visits and ice cave tours can be added at checkout.
- Accommodation and local transport included
- 24/7 helpline while you’re in Iceland
- Stress-free booking process
- No hidden fees or unexpected costs
About our Iceland budget trips
Planning a budget Iceland trip does not mean a compromised one. Every package on this page includes pre-booked accommodation, reliable transport, a detailed itinerary, and daily breakfast. Self-drive packages come with our Best Price Guarantee, which means you will not find the same trip for less elsewhere. Multi-day tours from Reykjavík are the most affordable travel style, with all local transport handled and no car rental required. Camping tours bring costs down further while giving you more time in Iceland's landscape.
Iceland Tours has been operating these trips for over 40 years from our base in Reykjavík. The 5% deposit secures your booking, with the balance due closer to departure.
- Best Price Guarantee on all self-drive packages
- 40 years of Iceland travel expertise from our Reykjavík base
- Secure your booking with just a 5% deposit
- Self-drive, multi-day, guided group, and camping options available
FAQs about cheap trips to Iceland
Iceland has a reputation as a pricey destination, and costs can add up if you book everything separately. A package holiday simplifies budgeting by combining accommodation, transport, and daily breakfast into a single price, with no hidden fees.
All packages on this page include accommodation, local transport, and a detailed itinerary. Breakfast is included on most packages, and some also include activities.
The Iceland vacations above start from less than 300 euros per person. You can sort them by price to find the most affordable options.
Multi-day tours by bus are among the most affordable options. Transport and breakfast are both included, so the main additional costs are lunch, dinner, and any personal spending.
Self-drive tours include a rental car, accommodation, breakfast, and a detailed itinerary. You set the pace and can stop wherever conditions or interest take you. Our Best Price Guarantee applies to all self-drive packages. If you find the same trip for less elsewhere, we will match or beat the price.
Camping tours include a rental car, camping gear, and a detailed itinerary. They are one of the most cost-effective ways to travel through Iceland.
Iceland has a wide range of experiences that do not require a large budget. Some options worth considering:
- Visit waterfalls on the south coast
- Go whale watching from Reykjavík or Húsavík
- Follow the Golden Circle route through Þingvellir, Geysir, and Gullfoss
- Travel through lava fields
- Chase the Northern Lights on a winter trip
- Get up close to a glacier in Vatnajökull National Park
- Visit geothermal hot springs around the Ring Road
- Explore the varied landscapes of the Snæfellsnes peninsula
- Explore Icelandic culture at Reykjavík’s galleries and museums
- Join a lava caving tour and walk underground
- Explore Iceland's outdoors on a day hike
Want even more ideas? Don’t miss this complete guide to Iceland.
A package holiday simplifies budgeting by combining the main costs into a single price. You can see the full breakdown before booking and customise it at checkout to match your preferences.
Here are some ways to save money while you are in Iceland:
Buying lunch and snacks at a grocery store
Shopping around for fuel
Bringing your own water bottle
Stocking up on toiletries at your home airport
Eating at food halls with the locals
Purchasing a Reykjavík City Card to save on museum entry fees
For more money-saving tips, see the
Iceland budgeting guide. It is also worth taking out travel insurance before your trip to cover any unexpected costs.
Iceland has a good range of dining options at different price points. The Icelandic hot dog, available at Bæjarins beztu and other stands around the country, is one of the most affordable options and a genuinely popular local choice.
Food halls offer a wider range of dishes at prices well below traditional restaurants and are a practical choice for lunch or an early dinner in Reykjavík.
For more tips on eating out, see the Iceland restaurant guide.
Card payment is the norm almost everywhere in Iceland, including at shops, restaurants, and cafés. Local market stalls, food trucks, and taxis also generally prefer card payment.
Some places only accept card, including parking meters and self-service fuel stations, so a payment card is essential. Visa and Mastercard are accepted almost everywhere. American Express is accepted in some places but not as widely.
You may want to bring a small amount of cash as a backup or for a souvenir. It is cheaper to withdraw Icelandic krónur from a bank in Iceland than to exchange currency abroad or at Keflavík Airport.
When you book a trip with Iceland Tours, every package includes:
- Accommodation at the comfort level you choose
- Local transport
- Detailed itinerary
- 24/7 helpline while you’re in Iceland
With the exception of camping trips, all of our packages also include breakfast.
With the exception of camping trips, all packages also include breakfast. Many tours include activities such as ice cave tours or a Blue Lagoon visit. See why book with us for more details. Learn more reasons to book with us.
Booking one to two months ahead is recommended for most trips. A 5% deposit secures your dates, with the balance due closer to departure.
Booking early also ensures better availability, particularly in summer when accommodation in more remote areas fills up quickly. Guided group tour departures have fixed dates that can book out early, so more notice is recommended for those.
Browse the vacation packages above and filter by date, interest, and price. Once you have found the right trip, follow the steps on the package page to complete your booking. At checkout you can add extra activities or extend your trip with days before or after your tour.
Flights are not included with these packages. We recommend booking them as soon as your trip is confirmed to get the best available price.
Iceland's weather is variable regardless of season. Pack for changeable conditions:
- Warm jacket
- Waterproof outer layers
- Gloves, scarf, and wooly hat
- Sturdy walking boots
- Swimwear
- Sunglasses
- Moisturizer and lip balm
See this Iceland packing list for more helpful tips on what to bring.