And although getting there has been made easier by some low cost airlines such as WOWAir, hotels are pretty expensive, in a price range close to New York City.
Even a double bed in a dormitory room of a hostel, or a double room of 10 sq meters in a guest house can cost 80€ or more per night.
Average price per night for a double room in a hotel will cost you, depending on the area, between 140€ and 270 €.
If you’re lucky and travelling in a group, I strongly recommend you look no further than AirBnb.
Erna’s place has a minimum 8 night policy, so there’s that, but if you’re in a group and planning to slow travel through Iceland for at least a week with your home base in Reykjavik, I most wholeheartedly recommend Erna’s Airbnb listing.
It costed our group of 5 people 1.086 € for 8 nights, bringing us to an average of 27 €/ person/night!
What’s great about AirBnb is the fact you’re in a proper home, so you’ll have access to a proper kitchen.
Everywhere you look you’ll read about self catering while in Iceland.
We did the same and I am very happy to say we actually splurged in great food, which we cooked ourselves in the evening (instead of spending time at the restaurants).
The day we arrived we went to Bonus supermarket for grocery shopping, and between the 5 of us, spend an average of 50€ pp for the full week.
What to do, what do do
If you’re flexible and willing to rent a car and drive around, Iceland is actually pretty cool.
We were visiting all day long for the full week!
Admittedly, the definition of daytime in Iceland in December is quire different from what most of us are used to, as the sun rose at 11.30 and set at 3.30.
Most of the nature attractions will be free of cost, so you can delight yourself with waterfalls, craters, lava fields etc as they are all free.
Free: Jokuslaron, Skaftafell, Skogafoss, Seljalandafoss, Golden Circle
Activities under 100€
Activities under 100€ & affordable : Blue Lagoon, Thorsmark, Whale Watching, ‘Game of Thrones’ Filming Locations, Golden Circle Classic Tour
Entrance price to the Blue Lagoon varies depending on the season and package, and starts at about 40 €. See their prices here.
Assuming you don’t have your own towel/ bathrobe, I’d recommend you go for the Premium package, at roughly 70 €.
Note that, if you’re going sometime in the next months, Blue Lagoon is undergoing renovations for expansion, which will be completed sometime in 2017.
So there will be ongoing construction works in some of the areas surrounding the lagoon.
Set out late to see the Northern Lights
If you spend a week in Iceland in wintertime, you’ll be quite unlucky to not see any northern lights.
Most tour companies will let you know the day of the trip if there is a chance of sighting, and if not suggest an alternative date for when you’re in the country.
Buses usually depart for the northern lights hunt after 10PM, which is great because a reschedule is not going to impact your other travel plans too much. Maybe just your lazy beauty sleep.
The tour operator will probably take you to the same restaurant we went to for lunch (it’s not like there are too many options out there in the wild) so if you’re not a vegetarian, the lamb soup is an absolute must!