Which place is cheaper, Freeport or Reykjavik?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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Should you visit Reykjavik or Freeport?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Reykjavik or Freeport, 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: Reykjavik or Freeport?
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.
Freeport
When you picture the Bahamas you likely picture the beaches, resorts and playgrounds of Nassau. Just to the northwest of this tourist paradise is a tropical city founded on industry. Freeport began as mostly swampland and is now the second most populous city in the Bahamas.
This city is less of a tourist attraction - a place where you'll find the true Bahaman culture mixed in with some relaxing spots to help you unwind and get into your island vacation.
For some great organized tour ideas, see The Best Budget Tours to Iceland, The Best Tours for Seniors to Iceland, The Best Romantic Tours for Couples in Bahamas, and The Best Romantic Tours for Couples in Bahamas.
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Reykjavik Prices
Iceland PricesFreeport Prices
Bahamas Prices -
Average Daily Cost Per person, per dayReykjavik $298Freeport $290
The average daily cost (per person) in Reykjavik is $298, while the average daily cost in Freeport is $290. 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 Reykjavik and Freeport in more detail.
Accommodation
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Accommodation Hotel or hostel for one personReykjavik $155Freeport $141
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Accommodation Typical double-occupancy roomReykjavik $310Freeport $282
Compare Hotels in Reykjavik and Freeport
Looking for a hotel in Reykjavik or Freeport? 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.
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: Reykjavik Hotel Prices and Freeport Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Reykjavik $51Freeport $59
Hired Cars and Shuttles in Reykjavik
Also for Reykjavik, here are a few examples of actual transportation services:
- Private 7-hour Airport/Cruise Transfer & Tour: $1,831
- Landmannalaugar Super Jeep All Year Transfer: $1,702
- Silver Circle Tour & Roundtrip Airport Transfer: $1,386
- Private 4-Hour Airport/Cruise Transfer & Tour: $1,221
- Private 3-Hour Airport/Cruise Transfer & Tour: $977
- Blue Lagoon with Private Roundtrip Transfer: $613
- From Skarfabakki: Blue Lagoon Round-Trip Transfer: $524
- Blue Lagoon Luxury Spa with Private Transfer: $400
- From ATV Ride and Blue Lagoon Tour with Transfer: $395
- Keflavik Airport (KEF): Transfer to Skarfabakki Cruise Port: $361
- Hvammsvik Hot Springs: Private Return Transfer with Entrance: $343
- Private Airport Transfer: $290
Hired Cars and Shuttles in Freeport
Also for Freeport, here are a few examples of actual transportation services:
- Shared Round Trip Limousine Transfer: $150
- Roundtrip Airport Transfers Island Seas Resort Freeport: $30
- Round-trip Airport Transfers to Castaway Resorts, Freeport: $30
- Round-Trip Airport Transfer Viva Club Fortuna Freeport: $28
- Private Transfer from Grand Bahama Airport (FPO) to Freeport Port: $67
- Private Transfer from Freeport Port to Grand Bahama Airport (FPO): $67
- Private Transfer from FPO to Old Bahama Bay resort: $250
- Private Transfer from FPO to Freeport hotels or resorts: $179
- Private One way Airport Transfer in Freeport: $180
- Old Bahama Bay to Grand Bahama Airport (FPO) - Private Transfer: $76
- Luxury SUV Transfer from Airport, cruise port, Celebration Key: $133
- Grand Bahama Airport(FPO) to Freeport -RoundTrip Private Transfer: $152
Is it cheaper to fly into Reykjavik or Freeport?
Prices for flights to both Freeport and Reykjavik 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
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Food Meals for one dayReykjavik $58Freeport $110
Typical Food Prices in Reykjavik
For Reykjavik, here are some examples of average food and meal prices for travelers:
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Dinner (Fish Market)$198
Food Tours and Cooking Classes in Reykjavik
For Reykjavik, here are some samples of tours and activities related to meals and dining experiences:
- Harbor Cruise with 3-Course Dinner: $137
- Harbor Cruise with Three Course Dinner from Reykjavik: $139
- Food Tour by locals: $140
- Authentic Reykjavik Food Tour with Flea Market Delights: $146
- Icelandic Food Tour: $147
- Weekend Reykjavik Food Tour with a stop at the Reykjavik Flea Market: $147
- The Reykjavik Harbor Food Tour: $147
- 3-Hour Shared Christmas Food Tour with Guide in Reykjavik: $149
- Food Tour with 6+ Tastings of Icelandic Classics: $154
- The Reykjavik Christmas Food Tour: $171
- Christmas Food Tour with Tastings and Drinks: $171
- Reykjavík All In One Food Tour - Eat, Drink & Explore with Locals: $204
Food Tours and Cooking Classes in Freeport
For Freeport, here are some samples of tours and activities related to meals and dining experiences:
- Around Town/Bahamian Cooking Experience: $200
Entertainment
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Entertainment Entrance tickets, shows, etc.Reykjavik $80Freeport $40
Typical Entertainment Prices in Reykjavik
Below are a few sample prices from actual travelers for Reykjavik's activities, tours, and tickets:
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Art Museum$12
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Wine and Spa$32
Tours and Activities in Reykjavik
For Reykjavik, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 1 Hour ATV Quad Tour : Pick up from Reykjavik (2 persons per ATV): $140
- 1+ hour Private Horse riding tour from Reykjavík/Mosfellsbær: $169
- 1-Hour Helicopter Tour in Iceland: The Geothermal Tour: $553
- 1-Hour Small Group Sightseeing Boat Tour in Vestmannaeyjar: $164
- 2-Hour Buggy Adventure Tour out off Reykjavik: $264
- 2hr ATV adventure with Pick up from Reykjavik (2 persons per ATV): $163
- 3-Hour Volcanic Springs ATV Adventure From Reykjavik: $339
- A Self-Guided Thingvellir National Park Walking Tour: $8.99
- Arctic Evening Whale Watching Experience: $99
- Aurora by Boat Reykjavik Adventure: $85
- Bonfires and Fireworks New Years Eve Tour in Reykjavik: $190
- Buggy & Golden Circle Full day adventure from Reykjavik: $309
Typical Entertainment Prices in Freeport
For Freeport, here are some examples of average entertainment and activity prices from previous travelers:
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10 Dive Package$299
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4 Hr. Kayak Tour$70
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1/2 Day Snorkel Trip$75
Tours and Activities in Freeport
Also, here are some specific examples of entertainment, tickets, and activities for Freeport.
- Bahamas Sea Scooter Snorkeling Adventure: $120
- Clear Kayak Tour: $120
- Coopers Castle and Port Lucaya Marketplace Tour: $60
- East End Private Day Trip Experience Tour: $270
- Eleuthera Adventure: Swings, Pigs, and Reefs: $600
- Freeport Shore Excursion: Garden of the Groves and City Tour: $127
- Freeport Shore Excursion: Garden of the Groves and City Tour: $124
- Grand Bahama Culture, History & Local Flavors Tour: $280
- Junkanoo Adventure with Bahamian Cuisine Tasting: $850
- Grand Bahama Catamaran Sunset Cruise with Drinks and Snacks: $89
- Grand Bahama Foodie Tour: $120
- Jet Ski Tour Freeport for 2 Persons @CreativeEcoAdventures: $242
Alcohol
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Alcohol Drinks for one dayReykjavik $31Freeport $30
Typical Alcohol Prices in Reykjavik
Some typical examples of the costs for nightlife and alcohol in Reykjavik are as follows:
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Beer$9.77
Sample the Local Flavors in Reykjavik
Some specific costs for nightlife related activities in Reykjavik:
- Eimverk Distillery Guided Tour with Tasting: $48
- Flóki Whisky Distillery Tour & Tasting in Reykjavík: $48
- Reykjavík Pub Crawl Tour with Drinks and Games: $115
- Icelandic Bar Crawl Experience: $160
Sample the Local Flavors in Freeport
Here are a few nightlife and alcohol tours and activities from local tour providers in Freeport:
- Brewery & Taste with Beach & Shop at Largest Market on Freeport 4-hrs: $85
- Grand Bahama Brewery and Distillery Tour: $120
When comparing the travel costs between Reykjavik and Freeport, we can see that Reykjavik is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Even though Reykjavik is in Europe and Freeport is in Caribbean Islands, both of these destinations have relatively similar prices of travel. Generally, the levels of luxury and expenses are the same for these cities even though they are geographically far apart.
If you're trying to decide if either of these two destinations are within your price range, also see Is Reykjavik Expensive? and Is Freeport Expensive?.
Which is Bigger, Reykjavik or Freeport?
Reykjavik has a larger population, and is about 4 times larger than the population of Freeport. When comparing the sizes of Reykjavik and Freeport, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.