Iceland Average Hotel Costs: Nightly Room Prices by Accommodation Type
Reykjavik, Iceland
How much do hotels cost in Iceland? We've analyzed the prices of hotels in Iceland to help you figure out how much you might need to spend when visiting this amazing destination. If you're on a tight budget, traveling in luxury, visiting alone, or taking a fun family vacation, we tabulated the costs of the best hotels in Iceland by star-rating, category, guest ratings, and amenities. Great for museums & attractions, food, nightlife, and resorts, Iceland is a terrific destination. So, let's find out if these amazing hotels in Iceland are expensive, or where the best or cheapest hotels can be found.
Iceland, often dubbed the "Land of Fire and Ice," is a breathtaking country that captivates every traveler who sets foot on its otherworldly terrain. With landscapes dotted with volcanoes, geysers, hot springs, and lava fields, alongside massive glaciers and fjords that defy imagination, this Nordic island is a paradise for nature enthusiasts and adventure seekers alike. Visitors are drawn here to experience the surreal beauty of the Northern Lights, soak in geothermal lagoons, embark on thrilling hikes, and explore vibrant Reykjavik. Known for its commitment to eco-friendly tourism, Iceland provides an opportunity to connect with nature in its rawest and most pristine form.
So, let's now take a look at the hotel prices for Iceland.
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How much do hotels cost in Iceland?
Travelers to Iceland will have a large number of terrific accommodation options with a variety of great prices. The price of a hotel can vary by amenities, dates, and neighborhood. Based on thorough data from 1,317 hotels, the average hotel price in Iceland is a very reasonable $202 with high season prices around $378, and the median price is $184.
The average price of a hotel for 3 days in Iceland is $607, and $1,133 in the busy season.
The average hotel cost for one week in Iceland is a surprisingly affordable $1,416, and the average hotel cost for two weeks in Iceland is a surprisingly affordable $2,833 (not including taxes and fees).
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3 Days$607
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One Week$1,416
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Two Weeks$2,833
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How much should I pay to stay in a hotel in Iceland?
You'll find the budget, mid-range, and luxury Iceland hotel cost per night displayed below. This chart shows the range of hotel prices for a one night stay in Iceland. If you're trying to figure out how much you should pay for a reservation, this graph breaks down the costs by price range.
(All hotel prices are in US Dollars before taxes, and come from a base price that is reported by Kayak. Peak season prices can vary significantly, particularly in destinations where seasonal travel fluctuates dramatically.)
Are Hotels in Iceland Expensive?
From the chart above, and from our statistical calculations, we can see that the average price for all hotels in Iceland is $202. Also, the average price for budget hotels in Iceland is $121. Furthermore, the average price for luxury hotels in Iceland is $363. So, is a Iceland expensive? Given the overall cost of living and travel in the area, these prices are not unreasonable. And if you think it's expensive to spend the night in Iceland, don't worry, as it's quite possible to find hotel rooms with great values for your next trip. We have recommended hotels at various price ranges below.
Also, see our article Best Hotels for One Night in Iceland for more places to stay.
Prices for the Best Hotels in Iceland (Iceland's Top Rated Hotels by Guests)
Are you looking for the best hotel in Iceland? After we analyzed the 335 best and highest rated hotels (the top 25%), we found a variety of amazing options at different price ranges. The average price of the highest rated hotels is a great value at $246 with high season prices around $459, and the median price is $225. So, here are the price ranges of the best places to stay in Iceland for your next fantastic trip to this amazing destination.
How much are the best hotels in Iceland?
Is it expensive to stay in Iceland? Actually, the prices can be quite affordable. Look for great deals and compare websites on nightly rates for your next booking for an even more amazing rate. Below, you can find out how much you should pay for one of the best hotels in Iceland. Here are a few of the top rated hotels in Iceland according to guests.If it's your first time here, check out Best Hotels for First Time Visitors in Iceland for more great places to stay.
Prices for the Best Luxury Hotels in Iceland
Looking for Iceland's best hotels? We'll show you just how expensive hotels are in Iceland. The average price of the 211 top luxury hotels in Iceland is $363 with high season prices around $677, and the median price is $347. The price ranges below will help you understand how much these fantastic hotels will cost for your next amazing trip.
How much should I pay to stay in a luxury hotel in Iceland?
The chart below shows the range of the fantastic luxury hotel prices for a one night stay in Iceland. If you're trying to figure out how much you should pay for a luxury reservation, this graph tabulates the costs of these terrific hotels by price range. These luxury hotels often include some of Iceland's best boutique hotels and resorts.
What are the highest rated luxury hotels in Iceland?
For more details, see Best Luxury Hotels in Iceland for beautiful hotels.
Prices for Mid-Range Hotels in Iceland
Hotel costs per night in Iceland are displayed below for mid-range hotels. For the 620 mid-range hotels in Iceland, the average price is $211 with high season prices around $394, and the median price is $206. These typical Iceland hotel rooms are a good representation of what is available, because they are in the middle of the total price range while still providing quality amenities.
How much should I pay to stay in a typical mid-range hotel in Iceland?
The chart below shows the range of very nice moderately priced hotels for a one night stay in Iceland. If you're trying to figure out how much you should pay for a booking, this graph tabulates the costs of these great accommodation options by price range. These hotels also include some of Iceland's best bed & breakfasts and vacation rentals.
What are the highest rated mid-range hotels in Iceland?
Also, see Best Family-Friendly Hotels in Iceland which has even more great hotels for families with kids.
Prices for Budget Hotels in Iceland
To find the best cheap hotels in Iceland, we analyzed the prices of this destination's 486 budget hotels. The average price of these budget hotels is $121 with high season prices around $226, and the median price is $125. The highest rated hotels which are below the average cost are presented below, along with the price ranges of all budget hotels. Now we'll show you just how affordable hotels can be in Iceland, as the chart below shows the cheapest places to stay in Iceland.
How much should I pay to stay in a budget hotel in Iceland?
The chart below shows the range of the terrific budget-friendly hotel prices for a one night stay in Iceland. If you're trying to figure out how much you should pay for a cheap hotel, this graph tabulates the prices of the great hotels here by range. These surprisingly affordable hotels often include some of Iceland's best hostels and budget guesthouses, too.
What are the best budget hotels in Iceland?
Below are some of the top rated cheap hotels in Iceland. Affordable hotel rooms sometimes have basic furnishings or smaller sizes, but come at some of the best prices and offer the best deals. If you're looking for a cheap hotel room in Iceland, these hotels are among the best.
Hotels Under $100 in Iceland
The following hotel rooms are the top rated by guests for a price under $100. If you're looking for a cheap hotel on a budget below $100, these places to stay might make a good option.
Where can I sleep in Iceland under $100?
Hotels Under $150 in Iceland
The following hotel rooms are the top rated by guests for a price under $150. If you're looking for a cheap hotel on a budget below $150, these places to stay might make a good option.
Where can I sleep in Iceland under $150?
Hotels Under $200 in Iceland
The following hotel rooms are the top rated by guests for a price under $200. If you're looking for affordable luxury hotels less than $200, these rooms would be a good choice.
Where can I sleep in Iceland under $200?
Hotel Prices by Star Rating for Iceland
The star ratings of hotels are based on the best amenities and the quality of service instead of guest ratings. Some countries and cities have strict criteria for how hotels are rated based on specific amenities.
Average 5-Star and 4-Star Hotel Prices in Iceland
$262 is the average price of the 74 4-star hotels in Iceland. The median price for these great hotels is $241.
How much does a 4-star hotel in Iceland cost?
The chart below shows the range of terrific 4-star hotel prices for a one night stay in Iceland. If you're trying to figure out how much you should pay for a great 4-star hotel, this graph tabulates the surprisingly affordable prices by category. Many people consider a 4 or 5-star hotel to be a luxury hotel, but that does not mean that you can't find a great deal on these high-end rooms.
Average 3-Star Hotel Price in Iceland
The average price of the 499 terrific 3-star hotels in Iceland is $217, and the median price is $203.
How much does a 3-star hotel in Iceland cost?
The chart below shows the range of terrific 3-star hotel prices for a one night stay in Iceland. If you're trying to figure out how much you should pay for a great 3-star hotel, this graph tabulates the surprisingly affordable prices by category.
Average 2-Star Hotel Price in Iceland
After an analysis of 367 excellent hotels, $173 is the average price for the great 2-star hotels in Iceland, and the median price is $154.
How much does a 2-star hotel in Iceland cost?
The chart below shows the range of terrific 2-star hotel prices for a one night stay in Iceland. If you're trying to figure out how much you should pay for a great 2-star hotel, this graph tabulates the surprisingly affordable prices by category.
Average 1-Star Hotel Price in Iceland
With data for 120 fantastic hotels, $174 is the average price for 1-star hotels in Iceland, and the median price is $142.
How much does a 1-star hotel in Iceland cost?
The chart below shows the range of terrific 1-star hotel prices for a one night stay in Iceland. If you're trying to figure out how much you should pay for a great 1-star hotel, this graph tabulates the surprisingly affordable prices by category.
Are Hotels Nice in Iceland?
Iceland offers a wide range of accommodation options with hotels up to 4 stars. In fact, the average 4-star hotel guest rating is 7.1 out of 10, and the average price is $262. So, you can absolutely find a quality and nice hotel in the area. The average prices by star rating for hotels in Iceland is as follows. (Prices are before taxes and fees, and change based on the seasons.)
- 4-Star Hotels: $262
- 3-Star Hotels: $217
- 2-Star Hotels: $173
- 1-Star Hotels: $174
Also, the average guest rating for each star rating is as follows.
- 4-Star Hotels: 7.1 out of 10
- 3-Star Hotels: 7.3 out of 10
- 2-Star Hotels: 6.5 out of 10
- 1-Star Hotels: 4.6 out of 10
Should I Stay in a 3 or 4-Star Hotel in Iceland?
Let's examine 3-star hotels versus 4-star hotels in Iceland. Hotels with a 3-star rating generally cost less ($217) than those with a 4-star rating ($262). Surprisingly, hotels with a 3-star rating generally have a higher guest rating (7.3) than hotels with a 4-star rating (7.1). This means there are plenty of great hotels that other guests love at affordable prices.
Should I Stay in a 2 or 3-Star Hotel in Iceland?
If we compare 2-star versus 3-star hotels in Iceland, we see some helpful trends. Hotels with a 2-star rating generally cost less ($173) than those with a 3-star rating ($217). Also, hotels with a 2-star rating generally have a lower guest rating (6.5) than those with a 3-star rating (7.3).
Prices for Hotels with Pools in Iceland
The chart below shows the range of the cost of hotels with pools for a one night stay in Iceland. If you're trying to figure out how much you should pay for hotels with pools, this graph tabulates the costs by price range.
After an analysis of 25 hotels, $220 is the average price for the hotels with pools in Iceland, and the median price is $208.
What are the best Hotels with Pools in Iceland?
Prices for Ski Hotels and Resorts in Iceland
The chart below shows the range of the cost of ski resorts and hotels for a one night stay in Iceland. If you're trying to figure out how much you should pay for ski resorts and hotels, this graph tabulates the costs by price range.
The average price of the 60 ski resorts and hotels in Iceland is $204, and the median price is $179.
What are the best Ski Resorts and Hotels in Iceland?
Also, see Best Hotels for Skiing in Iceland for more ideas.
Prices for Hotels with Room Service in Iceland
The chart below shows the range of the cost of hotels with room service for a one night stay in Iceland. If you're trying to figure out how much you should pay for hotels with room service, this graph tabulates the costs by price range.
$225 is the average price of the 149 hotels with room service in Iceland. The median price for these hotels is $206.
What are the best Hotels with Room Service in Iceland?
Prices for Water Park Hotels in Iceland
The chart below shows the range of the cost of water park hotels for a one night stay in Iceland. If you're trying to figure out how much you should pay for water park hotels, this graph tabulates the costs by price range.
After an analysis of 8 hotels, $161 is the average price for the water park hotels in Iceland, and the median price is $161.
What are the best Water Park Hotels in Iceland?
Prices for Hotels with Restaurants in Iceland
The chart below shows the range of the cost of hotels with restaurants for a one night stay in Iceland. If you're trying to figure out how much you should pay for hotels with restaurants, this graph tabulates the costs by price range.
The average price of the 233 hotels with restaurants in Iceland is $224, and the median price is $209.
What are the best Hotels with Restaurants in Iceland?
Prices for Hotels with Bars in Iceland
The chart below shows the range of the cost of hotels with bars for a one night stay in Iceland. If you're trying to figure out how much you should pay for hotels with bars, this graph tabulates the costs by price range.
$221 is the average price of the 260 hotels with bars in Iceland. The median price for these hotels is $207.
What are the best Hotels with Bars in Iceland?
Prices for Hotels with Snorkeling and Scuba Diving in Iceland
The chart below shows the range of the cost of hotels with scuba diving and snorkeling for a one night stay in Iceland. If you're trying to figure out how much you should pay for hotels with scuba diving and snorkeling, this graph tabulates the costs by price range.
After an analysis of 30 hotels, $220 is the average price for the hotels with scuba diving and snorkeling in Iceland, and the median price is $201.
What are the best Hotels with Scuba Diving and Snorkeling in Iceland?
Also, see Best Hotels for Scuba Diving in Iceland for more ideas.
Prices for Hotels with Parking in Iceland
The chart below shows the range of the cost of hotels with parking for a one night stay in Iceland. If you're trying to figure out how much you should pay for hotels with parking, this graph tabulates the costs by price range.
The average price of the 640 hotels with parking in Iceland is $211, and the median price is $194.
What are the best Hotels with Parking in Iceland?
Prices for Hotels with Kitchens in Iceland
The chart below shows the range of the cost of hotels with kitchens for a one night stay in Iceland. If you're trying to figure out how much you should pay for hotels with kitchens, this graph tabulates the costs by price range.
$217 is the average price of the 278 hotels with kitchens in Iceland. The median price for these hotels is $191.
What are the best Hotels with Kitchens in Iceland?
See also Best Pet-Friendly Hotels in Iceland, Best Hotels for a Weekend Getaway in Iceland, Best Hotels for One Week in Iceland, Best Romantic Hotels for Couples in Iceland, or Best Business Hotels in Iceland for more room ideas. With so many options, there's a good place to stay for every type of traveler.
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