A Travel Price Comparison for Families, Couples, and Backpackers Akureyri vs. Machu Picchu for Vacations, Tours, and Honeymoons

Should you visit Akureyri or Machu Picchu?

Which is cheaper to visit? Which is more expensive for vacation?

If you're trying to decide where to visit between Akureyri or Machu Picchu, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.

Where Should I go: Akureyri or Machu Picchu?

Akureyri

Akureyri is the largest town in the northern region of Iceland, and is often considered the unofficial capital of the north. The town is a popular fishing port and is often used as a basecamp for visiting the more rural surrounding area. Akureyri is known for their great art scene, beautiful architecture, and stunning natural scenery.

Machu Picchu

Machu Picchu is a site of ancient Inca ruins located about 50 miles (80 km) northwest of Cuzco, Peru, in the Cordillera de Vilcabamba of the Andes Mountains. It is perched above the Urubamba River valley in a narrow saddle between two sharp peaks, Machu Picchu ("Old Peak") and Huayna Picchu ("New Peak"), at an elevation of 7,710 feet (2,350 metres). One of the few major pre-Columbian ruins found nearly intact, Machu Picchu was designated a UNESCO World Heritage site in 1983. Thus, Machu Picchu is not only an impressive remnant of the Inca civilization, it is also one of the world's most important archaeological sites. A stop at Machu Picchu is an essential part of any traveler's itinerary in Peru, as it is one of the seven wonders of the world.

For some great organized tour ideas, see The Best Romantic Tours for Couples in Iceland, The Best Northern Lights Tours in Iceland, The Best Eco Tours in Peru, and The Best Sightseeing Tours in Peru.


Which place is cheaper, Machu Picchu or Akureyri?

These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.

  • Akureyri Prices
    Iceland Prices
    Machu Picchu Prices
    Peru Prices
  • Average Daily Cost Per person, per day
    Akureyri $191
    Machu Picchu $122

The average daily cost (per person) in Akureyri is $191, while the average daily cost in Machu Picchu is $122. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Akureyri and Machu Picchu in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Akureyri $103
    Machu Picchu $44
  • Accommodation Typical double-occupancy room
    Akureyri $206
    Machu Picchu $88
Compare Hotels in Akureyri and Machu Picchu

Looking for a hotel in Akureyri or Machu Picchu? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.

Hotels in Akureyri


Hotels in Machu Picchu


Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.


Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Akureyri Hotel Prices and Machu Picchu Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Akureyri $23
    Machu Picchu $32

Hired Cars and Shuttles in Akureyri

Some specific examples of transportation prices in Akureyri:

  • Whale Watching Tour with Transfer from Port: $141
  • From Godafoss Waterfall Guided Trip with Transfers: $126
  • Akureyri Airport (AEY): Transfer to/from Akureyri City: $29

Is it cheaper to fly into Akureyri or Machu Picchu?

Prices for flights to both Machu Picchu and Akureyri change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.





Food
  • Food Meals for one day
    Akureyri $71
    Machu Picchu $35

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Akureyri $18
    Machu Picchu $78

Tours and Activities in Akureyri

Here are a few actual costs in Akureyri for available activities, ticket prices, and tours:

  • Akureyri Cruise Port: Mývatn Lakes, Waterfalls & Nature Trip: $282
  • Akureyri Guided E-Bike Tour: $167
  • Akureyri Port: Dettifoss, Goðafoss and Lake Mývatn Tour: $229
  • Akureyri Port: Goðafoss and Akureyri Botanical Garden Tour: $170
  • Akureyri Port: Goðafoss and the Forest Lagoon Tour: $203
  • Akureyri Port: Godafoss Waterfall Classic Tour & Viewpoint: $82
  • Akureyri Port: Lake Mývatn & Goðafoss Guided Tour with Lunch: $329
  • Akureyri Port: Myvatn Nature Baths & Godafoss Waterfall Tour: $247
  • Akureyri Private Walking Tour: $143
  • Akureyri Private Walking Tour: $135
  • 3-Hour Classic Whale Watching Tour by Ship: $108
  • E-Bike Tour with Forest Lagoon Entry: $217

Typical Entertainment Prices in Machu Picchu

For Machu Picchu, here are some examples of average entertainment and activity prices from previous travelers:


  • Gardens of Mandor
    $2.87

Tours and Activities in Machu Picchu

Also, here are some specific examples of entertainment, tickets, and activities for Machu Picchu.

  • Private & Flexible 3-Hour Guided Tour of Machu Picchu: $60
  • Private Tour Guide Service: $98
  • Machu Picchu Morning Combo: Entrance Ticket, Bus and Guide: $196
  • Machu Picchu Small-Group Combo: Entrance Ticket, Bus & Guide: $196

Alcohol
  • Alcohol Drinks for one day
    Akureyri $15
    Machu Picchu $7.28


When we compare the travel costs of actual travelers between Akureyri and Machu Picchu, we can see that Akureyri is more expensive. And not only is Machu Picchu much less expensive, but it is actually a significantly cheaper destination. Since Akureyri is in Europe and Machu Picchu is in South America, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Machu Picchu would let you spend less money overall. Or, you could decide to spend more money in Machu Picchu and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Akureyri would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Akureyri than you might in Machu Picchu.

If you're trying to decide if either of these two destinations are within your price range, also see Is Akureyri Expensive? and Is Machu Picchu Expensive?.