A Travel Price Comparison for Families, Couples, and Backpackers Istanbul vs. Reykjavik for Vacations, Tours, and Honeymoons

Should you visit Istanbul or Reykjavik?

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

Istanbul

Istanbul is strategically located on the Bosphorus and is split between Europe and Asia. It truly is a city where east meets west. Istanbul is the cultural and financial hub of Turkey, and also the most populous city. The sites are countless and there's something for everybody, whether you're interested in art, music, food, or adventure. You can pass many days exploring both the residential and commercial pockets of this city. Much of the appeal is hidden away along back alleys or within corner shops.

Reykjavik

Reykjavik is the capital and largest city in the country of Iceland. The city is where the vast majority of the country's population resides and the urban area has about 200,000 residents. The city is sprawling, with a large area covered in suburbs. The the city center is quite compact, with many interesting and colorful houses. There are a lot of things that attract tourists to this city, including an interesting culture and history as well as plenty of shopping and dining opportunities.

Which city is cheaper, Reykjavik or Istanbul?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Istanbul is $54, while the average daily cost in Reykjavik is $210. 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 city. Below is a breakdown of travel costs for Istanbul and Reykjavik in more detail.



Accommodation

A hotel room in Istanbul is about $66 This assumes double occupancy and modest accommodations.

The prices for places to stay in Reykjavik can vary by date, location, and type. Generally, the average cost for accommodation per person is $119, while a typical double-occupancy hotel room for two people will cost around $238.


  • Accommodation Hotel or hostel for one person
    Istanbul $33
    Reykjavik $119
  • Accommodation Typical double-occupancy room
    Istanbul $66
    Reykjavik $238

Local Transportation

The cost of a taxi ride in Istanbul is significantly more than public transportation. On average, past travelers have spent $3.17 per person, per day, on local transportation in Istanbul.

To get around in Reykjavik, the average visitor spends $39 per day, per person. This includes the costs of taxi rides and private drivers as well as public transportation, which tends to be much more affordable.


  • Local Transportation Taxis, local buses, subway, etc.
    Istanbul $3.17
    Reykjavik $39
Typical Local Transportation prices in Istanbul

Some typical examples of transportation costs in Istanbul are as follows:


  • Ferry
    $0.19
  • Local Bus
    $0.20

Hired Cars and Shuttles in Istanbul

Some specific examples of transportation prices in Istanbul:

  • İstanbul Private Airport Transfer: $19
  • İstanbul Airport Transfer: $45
  • istanbul airport transfer-sabiha gokcen airport transfer-vip transfer: $28
  • istanbul airport cheapest vip transfer by private car: $14
  • istanbul airport & sabiha gokcen airport transfer by private car: $30
  • VIP Transfer Services for Airports, Hotels or Other Location: $80
  • VIP Airport Transfer and Shuttle: $62
  • VIP Airport Transfer: $56
  • Turkish Bath in Istanbul with transfer: $199
  • Transfer in Private Vehicle from Istanbul Old City to Sabiha Gokcen Airport: $57
  • Transfer in Private Vehicle from Istanbul Old City to Istanbul Airport: $51
  • Transfer in Private Minivan from Istanbul Old City to Sabiha Gokcen Airport: $61

Hired Cars and Shuttles in Reykjavik

Also for Reykjavik, here are a few examples of actual transportation services:

  • Ultra - Reykjavik Private Airport Transfer from Cruise Port to Keflavík Airport: $8.71
  • Keflavik Airport & Reykjavik Hotels: Economy Bus Transfer: $23
  • Shuttle Bus Transfer to/from Keflavik Airport: $26
  • Airport Express Shared Departure transfer from Reykjavik City to Keflavik Airport: $28
  • Airport Transfer in Iceland from Reykjavik City to Keflavik Airport One Way: $31
  • Blue Lagoon Return Bus Transfer from Reykjavik: $33
  • Airport Express Shared Departure Transfer from Reykjavik Hotels to Keflavik Airport: $37
  • Airport Transfer in Iceland from Reykjavik City to Keflavik Airport with Hotel Pick Up: $43
  • Direct Bus Transfer between Keflavik Airport & Hotels: $50
  • Door to Door Premium Airport transfer from Reykjavik Hotels to Keflavik International Airport: $63
  • Return Economy Airport Transfer between Keflavik International Airport and Reykjavik City: $66
  • Transfer to & from Blue Lagoon: $78

Is it cheaper to fly into Istanbul or Reykjavik?

Prices for flights to both Reykjavik and Istanbul 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

On average, meal and food prices in Istanbul cost around $14 per person, per day. While this price can vary widely by location, the type of restaurant, and the amount of food ordered, a typical meal often costs around $5.60.

On average, meal and food prices in Reykjavik cost around $26 per person, per day. While this price can vary widely by location, the type of restaurant, and the amount of food ordered, a typical meal often costs around $10.


  • Food Meals for one day
    Istanbul $14
    Reykjavik $26
Typical Food prices in Istanbul

Some typical examples of dining costs in Istanbul are as follows:


  • Juice
    $0.13
  • Turkish Delight
    $0.04
  • Dessert
    $0.57
  • Pastries
    $0.10

Food Tours and Cooking Classes in Istanbul

Also, here are some specific examples of food and dining related activities in Istanbul.

  • Istanbul Dinner Cruise & Show: $29
  • Istanbul Dinner Cruise Show: $30
  • Bosphorus Dinner Cruise Inc. Dinner and Belly Dance Show with Hotel Transfer: $34
  • Alaturca Ottoman Dramatic Stage Show & Dinner Cruise ( Non - Alcoholic ): $35
  • Bosphorus Dinner & Show Cruise (All Inclusive): $36
  • Bosphorus Dinner Show Cruise With Non Alcoholic Menu ISTANBUL Dinner cruise: $36
  • Bosphorus Dinner Cruise An Unforgettable Experience in Istanbul: $36
  • Bosphorus Dinner Cruise & Night Show from Istanbul: $37
  • Istanbul Cruise&Show with Dinner: $37
  • Dinner Cruise on the Bosphorus: $38
  • Istanbul Dinner Cruise & Show: $39
  • Istanbul Dinner Cruise with Sema Ceremony: $40

Typical Food prices in Reykjavik

For Reykjavik, here are some examples of average food and meal prices for travelers:


  • Dinner (Fish Market)
    $190

Food Tours and Cooking Classes in Reykjavik

For Reykjavik, here are some samples of tours and activities related to meals and dining experiences:

  • Exclusive dinner with a local family: $112
  • Weekend Reykjavik Food Tour with a stop at the Reykjavik Flea Market: $123
  • Dinner with an Icelandic Artist in Reykjavik Home: $151
  • Secret Lagoon, Buffet Dinner, and Northern Lights Tour from Reykjavik: $159
  • South Coast: Volcanoes, waterfalls & Viking dinner at the Viking house: $179
  • Private Reykjavik Food Tour: $198
  • South Coast: Small group glacier hike, fire & ice with dinner at Viking lodge: $199
  • Cook and Dine Icelandic Cooking Class Gourmet Lunch or Dinner: $204
  • Kopar Fine Dining Dinner and Northern Lights Cruise from Reykjavik: $229
  • West Iceland Private Food Tour from Reykjavik: $723

Entertainment

Entertainment and activities in Istanbul typically cost an average of $20 per person, per day. This includes fees paid for admission tickets to museums and attractions, day tours, and other sightseeing expenses.

In Reykjavik, the costs for things to do, activities, admission tickets, and other sightseeing expenses are on average $62 per person, per day.


  • Entertainment Entrance tickets, shows, etc.
    Istanbul $20
    Reykjavik $62
Typical Entertainment prices in Istanbul

Some typical examples of activities, tours, and entrance ticket prices in Istanbul are as follows:


  • Bosphurus Boat (for 2)
    $1.35
  • Yerebatan Cistern for Two
    $1.35
  • Museum of Turkish and Islamic Arts for Two
    $0.67
  • Hagia Sofia entrance
    $2.02

Tours and Activities in Istanbul

Some specific costs of activities, tours, and entrance tickets for Istanbul are as follows:

  • 1 Day - Istanbul Tour: $315
  • 1 Day Cappadocia Hot Air Balloon Tour From Istanbul: $300
  • 1 Day Istanbul & Ephesus Tour By Plane - YK230: $419
  • 1 Day Regular Cappadocia Tour by Plane - YK0011: $384
  • 1 Day Tour - Sapanca: $300
  • 1 Night 1 Day Cappadocia Tour from Istanbul - Including Hot Air Balloon Tour: $496
  • 1 Night 1 Day Cappadocia Travel from Istanbul - Including Hot Air Balloon Tour: $509
  • 1 Night 1 Day Cappadocia Trip from/to Istanbul - Including Hot Air Balloon Tour: $513
  • 1 Night 1 Day Trip from Istanbul to Cappadocia - Including Hot Air Balloon Tour: $490
  • 1 Night 2 Days Cappadocia Trip from/to Istanbul - Including Hot Air Balloon Tour: $521
  • 1 Night 2 Days Ephesus, Kusadasi, Hierapolis & Pamukkale Tour from/to Istanbul: $372
  • 1 Night Cappadocia Trip with Hot Air Balloon Tour: $525

Typical Entertainment prices in Reykjavik

Below are a few sample prices from actual travelers for Reykjavik's activities, tours, and tickets:


  • Art Museum
    $11
  • Wine and Spa
    $31

Tours and Activities in Reykjavik

For Reykjavik, here are a few prices for actual activities, tours, and tickets provided by various companies:

  • Admission Ticket to Viking World Museum: $14
  • Aurora Reykjavík, The Northern Lights Center Entrance Ticket: $16
  • Skip the Line: Volcano House Admission Ticket: $17
  • Tales from Iceland Admission Ticket: $18
  • Skip the Line: Admission Ticket - The Culture House Reykjavik: $19
  • Skip the Line: The National Museum of Iceland Ticket: $20
  • Whales of Iceland Exhibition Entrance Ticket: $22
  • Whales Of Iceland Admission Ticket: $26
  • Bryggjan Brugghús Craft Beer Tour: $27
  • Reykjavik Shore Excursion: City Sightseeing Reykjavik Hop-On Hop-Off Bus Tour: $32
  • Perlan - Wonders of Iceland Tour: $33
  • Perlan Wonders of Iceland - Ice cave & Nature Exhibition Ticket: $36

Alcohol

The average person spends about $4.85 on alcoholic beverages in Istanbul per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

Typically, people visiting Reykjavik spend on average $24 on alcoholic beverages per person, per day.


  • Alcohol Drinks for one day
    Istanbul $4.85
    Reykjavik $24

Sample the Local Flavors in Istanbul

Some specific costs for nightlife related activities in Istanbul:

  • Daily Tekirdag Wine Tasting Tour from Istanbul: $427

Typical Alcohol prices in Reykjavik

Some typical examples of the costs for nightlife and alcohol in Reykjavik are as follows:


  • Beer
    $9.39

Sample the Local Flavors in Reykjavik

Some specific costs for nightlife related activities in Reykjavik:

  • Eimverk Distillery Tour with Tasting: $34
  • Private Reykjavik Pub Crawl: $181
  • Reykjavik Food & Wine Tour: $249


When we compare the travel costs of actual travelers between Istanbul and Reykjavik, we can see that Reykjavik is more expensive. And not only is Istanbul much less expensive, but it is actually a significantly cheaper destination. So, traveling to Istanbul would let you spend less money overall. Or, you could decide to spend more money in Istanbul 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 Reykjavik would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Reykjavik than you might in Istanbul.

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Istanbul vs. Reykjavik Travel Comparison

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