Reykjavik Average Hotel Costs: Nightly Room Prices by Accommodation Type

Reykjavik, Iceland Reykjavik, Iceland

What is the average price of a hotel in Reykjavik, Iceland? Our detailed analysis of the prices of amazing hotels in Reykjavik can help you understand how much you might need to spend for your next great trip. Great for hiking, family-friendly activities, and romance, Reykjavik is a terrific destination. Whether you're on a budget or traveling in luxury, or by your self or with your family, we have tabulated the costs of hotels in Reykjavik by category, star-rating, amenities, and guest reviews. Read on to find out if the best hotels in Reykjavik are expensive, or where the best and cheapest hotels are located.

Reykjavik is the capital and largest city in Iceland. It makes a good starting point for exploring the country, but many people head quickly into Iceland's countryside, as that is what the region is known for. In town you'll find the National and Saga Museums, which offer a fascinating overview on the country's Viking past. Just outside of town is the world famous Blue Lagoon Spa, which is in the town of Grindavik. The city has a thriving nightlife scene that is centered around its many festivals.

So, let's now take a look at the hotel prices for Reykjavik.



See Hotels in Reykjavik, Iceland

The Top 3:

  • $133, Rated 9.5 of 10

  • $136, Rated 9.3 of 10

  • $177, Rated 9.2 of 10

How much do hotels cost in Reykjavik, Iceland?

Reykjavik Average Hotel Price for 1 Night
$131

After analyzing 108 great hotels in Reykjavik, we found the average hotel price in Reykjavik is a remarkably economical $131, and the median price is $126. Naturally, this city has many fantastic accommodation options with a variety of prices. The price of accommodation can vary by the hotel's amenities, available dates, and the general neighborhood.

The average price of a hotel for 3 days in Reykjavik is $394.

The average hotel cost for one week in Reykjavik is a surprisingly affordable $920, and the average hotel cost for two weeks in Reykjavik is a surprisingly affordable $1,840 (not including taxes and fees).


  • 3 Days
    $394
  • One Week
    $920
  • Two Weeks
    $1,840
  • See More

Also, compare these prices to the terrific and affordable nearby hotels in Keflavik, Borgarnes, or Selfoss.

Recommended

Reykjavik Residence Apartment Hotel
Reykjavik, Iceland

How much should I pay to stay in a hotel in Reykjavik?

You'll find the budget, mid-range, and luxury Reykjavik hotel cost per night displayed below. This chart shows the range of hotel prices for a one night stay in Reykjavik. 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 Reykjavik Expensive?

From the chart above, and from our statistical calculations, we can see that the average price for all hotels in Reykjavik is $131. Also, the average price for budget hotels in Reykjavik is $81. Furthermore, the average price for luxury hotels in Reykjavik is $215. So, is a Reykjavik 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 Reykjavik, 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 Reykjavik for more places to stay.


Prices for the Best Hotels in Reykjavik (Reykjavik's Top Rated Hotels by Guests)

Are you looking for the best hotel in Reykjavik, Iceland? After we analyzed the 32 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 $161, and the median price is $165. So, here are the price ranges of the best places to stay in Reykjavik, Iceland for your next fantastic trip to this amazing destination.



How much are the best hotels in Reykjavik?

Is it expensive to stay in Reykjavik? 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 Reykjavik. Here are a few of the top rated hotels in Reykjavik according to guests.
Flokagata 39, Reykjavik
Overall Rating 9.6
Breidahvarf 15, Reykjavik
Overall Rating 9.6
Freyjugata 39, Reykjavik
Overall Rating 9.5
Laugavegur 140, Reykjavik
Overall Rating 9.5

If it's your first time here, check out Best Hotels for First Time Visitors in Reykjavik for more great places to stay.

Prices for the Best Luxury Hotels in Reykjavik

Looking for Reykjavik, Iceland's best hotels? We'll show you just how expensive hotels are in Reykjavik, Iceland. The average price of the 15 top luxury hotels in Reykjavik, Iceland is $215, and the median price is $208. 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 Reykjavik?

The chart below shows the range of the fantastic luxury hotel prices for a one night stay in Reykjavik. 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 Reykjavik's best boutique hotels and resorts.



What are the highest rated luxury hotels in Reykjavik?

Fischersund 3, Reykjavik
Overall Rating 9.2
Hverfisgata 10, Reykjavik
Overall Rating 8.4

For more details, see Best Luxury Hotels in Reykjavik for beautiful hotels.

Prices for Mid-Range Hotels in Reykjavik, Iceland

Hotel costs per night in Reykjavik are displayed below for mid-range hotels. For the 56 mid-range hotels in Reykjavik, the average price is $143, and the median price is $140. These typical Reykjavik 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 Reykjavik?

The chart below shows the range of very nice moderately priced hotels for a one night stay in Reykjavik. 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 Reykjavik's best bed & breakfasts and vacation rentals.



What are the highest rated mid-range hotels in Reykjavik?

Laugavegur 140, Reykjavik
Overall Rating 9.5
Hverfisgata 45, Reykjavik
Overall Rating 9.3

Also, see Best Family-Friendly Hotels in Reykjavik which has even more great hotels for families with kids.

Prices for Budget Hotels in Reykjavik, Iceland

To find the best cheap hotels in Reykjavik, we analyzed the prices of this destination's 37 budget hotels. The average price of these budget hotels is $81, and the median price is $81. 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 Reykjavik, as the chart below shows the cheapest places to stay in Reykjavik.

How much should I pay to stay in a budget hotel in Reykjavik?

The chart below shows the range of the terrific budget-friendly hotel prices for a one night stay in Reykjavik. 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 Reykjavik's best hostels and budget guesthouses, too.



What are the best budget hotels in Reykjavik?

Below are some of the top rated cheap hotels in Reykjavik. 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 Reykjavik, these hotels are among the best.

Raudararstigur 37, Reykjavik
Overall Rating 9.2
Armuli 5, Reykjavik
Overall Rating 9.0

For even more affordable places to stay, see Best Cheap Hotels in Reykjavik.

Hotels Under $50 in Reykjavik, Iceland

The following hotel rooms are the top rated by guests for a price under $50. If you're looking for a cheap hotel on a budget below $50, these places to stay might make a good option.

Where can I sleep in Reykjavik under $50?

Gunnarsbraut 46, Reykjavik
Overall Rating 8.2
Brautarholt 4, Reykjavik
Overall Rating 7.3
Laugavegur 101, corner Snorrabraut 29, Reykjavik
Overall Rating 7.3

Hotels Under $100 in Reykjavik, 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 Reykjavik under $100?

Freyjugata 39, Reykjavik
Overall Rating 9.5
Raudararstigur 37, Reykjavik
Overall Rating 9.2
Skipholti 15, Reykjavik
Overall Rating 9.1
Skalholtsstigur 2A, Reykjavik
Overall Rating 9.0

Hotels Under $150 in Reykjavik, Iceland

The following hotel rooms are the top rated by guests for a price under $150. If you're looking for affordable luxury hotels less than $150, these rooms would be a good choice.

Where can I sleep in Reykjavik under $150?

Laugavegur 140, Reykjavik
Overall Rating 9.5
Laugarvegur 1b, Reykjavik
Overall Rating 9.5
Rangargata 4, Reykjavik
Overall Rating 9.3
Bergstadastræti 9B, Reykjavik
Overall Rating 9.3

Hotels Under $200 in Reykjavik, 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 Reykjavik under $200?

Breidahvarf 15, Reykjavik
Overall Rating 9.6
Flokagata 39, Reykjavik
Overall Rating 9.6
Vatnsstigur 10B, Reykjavik
Overall Rating 9.3
Laugavegur 103, apartment 301, Reykjavik
Overall Rating 9.3

Hotel Prices by Star Rating for Reykjavik

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 Reykjavik, Iceland

With data for 28 fantastic hotels, $144 is the average price for 4-star hotels in Reykjavik, and the median price is $145.

How much does a 4-star hotel in Reykjavik cost?

The chart below shows the range of terrific 4-star hotel prices for a one night stay in Reykjavik. 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 Reykjavik, Iceland

With data for 58 great hotels, the average price for 3-star hotels in Reykjavik is $134, and the median price is $129.

How much does a 3-star hotel in Reykjavik cost?

The chart below shows the range of terrific 3-star hotel prices for a one night stay in Reykjavik. 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 Reykjavik, Iceland

$84 is the average price of the 15 2-star hotels in Reykjavik. The median price for these great hotels is $75.

How much does a 2-star hotel in Reykjavik cost?

The chart below shows the range of terrific 2-star hotel prices for a one night stay in Reykjavik. 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.



Are Hotels Nice in Reykjavik?

Reykjavik, Iceland offers a wide range of accommodation options with hotels up to 4 stars. In fact, the average 4-star hotel guest rating is 8.5 out of 10, and the average price is $144. So, you can absolutely find a quality and nice hotel in the area. The average prices by star rating for hotels in Reykjavik is as follows. (Prices are before taxes and fees, and change based on the seasons.)

  • 4-Star Hotels: $144
  • 3-Star Hotels: $134
  • 2-Star Hotels: $84

Also, the average guest rating for each star rating is as follows.

  • 4-Star Hotels: 8.5 out of 10
  • 3-Star Hotels: 8.7 out of 10
  • 2-Star Hotels: 8.2 out of 10

Should I Stay in a 3 or 4-Star Hotel in Reykjavik?

Looking at the comparison between 3-star hotels versus 4-star hotels in Reykjavik, we can see the differences between the prices and guest ratings. Hotels with a 3-star rating generally cost less ($134) than those with a 4-star rating ($144). Surprisingly, hotels with a 3-star rating generally have a higher guest rating (8.7) than hotels with a 4-star rating (8.5). 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 Reykjavik?

Let's examine 2-star hotels versus 3-star hotels in Reykjavik, Iceland. Hotels with a 2-star rating generally cost less ($84) than those with a 3-star rating ($134). Also, hotels with a 2-star rating generally have a lower guest rating (8.2) than those with a 3-star rating (8.7).


Prices for Hotels with Parking in Reykjavik, Iceland

The chart below shows the range of the cost of hotels with parking for a one night stay in Reykjavik. If you're trying to figure out how much you should pay for hotels with parking, this graph tabulates the costs by price range.

$130 is the average price of the 88 hotels with parking in Reykjavik, Iceland. The median price for these hotels is $125.



What are the best Hotels with Parking in Reykjavik?

Hverfisgata 45, Reykjavik
Overall Rating 9.3
Kirkjutorg 4, Reykjavik
Overall Rating 9.2

Prices for Hotels with Airport Shuttles in Reykjavik, Iceland

The chart below shows the range of the cost of hotels with shuttle services for a one night stay in Reykjavik. If you're trying to figure out how much you should pay for hotels with shuttle services, this graph tabulates the costs by price range.

After an analysis of 69 hotels, $125 is the average price for the hotels with shuttle services in Reykjavik, Iceland, and the median price is $121.



What are the best Hotels with Shuttle Services in Reykjavik?

Laugavegur 140, Reykjavik
Overall Rating 9.5
Hverfisgata 45, Reykjavik
Overall Rating 9.3

Prices for Hotels with a View in Reykjavik, Iceland

The chart below shows the range of the cost of hotels with views for a one night stay in Reykjavik. If you're trying to figure out how much you should pay for hotels with views, this graph tabulates the costs by price range.

The average price of the 56 hotels with views in Reykjavik, Iceland is $140, and the median price is $133.



What are the best Hotels with Views in Reykjavik?

Laugavegur 140, Reykjavik
Overall Rating 9.5
Hverfisgata 45, Reykjavik
Overall Rating 9.3

Also, see Best Hotels for a Weekend Getaway in Reykjavik for more ideas.

Prices for Hotels with Kitchens in Reykjavik, Iceland

The chart below shows the range of the cost of hotels with kitchens for a one night stay in Reykjavik. If you're trying to figure out how much you should pay for hotels with kitchens, this graph tabulates the costs by price range.

$141 is the average price of the 55 hotels with kitchens in Reykjavik, Iceland. The median price for these hotels is $140.



What are the best Hotels with Kitchens in Reykjavik?

Hverfisgata 45, Reykjavik
Overall Rating 9.3
Kirkjutorg 4, Reykjavik
Overall Rating 9.2

Prices for Casino Hotels in Reykjavik, Iceland

The chart below shows the range of the cost of casino hotels for a one night stay in Reykjavik. If you're trying to figure out how much you should pay for casino hotels, this graph tabulates the costs by price range.

After an analysis of 54 hotels, $122 is the average price for the casino hotels in Reykjavik, Iceland, and the median price is $120.



What are the best Casino Hotels in Reykjavik?

Raudararstigur 37, Reykjavik
Overall Rating 9.2
Alftamyri 7, Reykjavik
Overall Rating 9.1

See also Best Pet-Friendly Hotels in Reykjavik, Best Hotels for One Week in Reykjavik, Best Romantic Hotels for Couples in Reykjavik, or Best Business Hotels in Reykjavik for more room ideas. With so many options, there's a good place to stay for every type of traveler.

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