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Money and costs

Daily Costs
Budget (up to)
  • Dorm bed: kr5000–7000
  • Grill-bar grub/soup lunch: kr1600–2200
  • Golden Circle bus pass: kr10,600
  • Guesthouse double room: kr19,000–25,000
  • Cafe meal: kr1800–4000
  • Small vehicle rental per day: kr10,000
Top end (more than)
  • Boutique double room: kr30,000–50,000
  • Main dish in top restaurant: kr4000–7000
  • 4WD rental per day: kr25,000

Credit cards are accepted everywhere (except municipal buses); ATMs are ubiquitous. Currency-exchange fees at hotels or private bureaus can be obscenely high.


As service and VAT are always included in prices, tipping isn’t required in Iceland.