Travel Budget for Hofn Visit Hofn on a Budget or Travel in Style

Hofn, Austurland, Iceland

Hofn is a cultural destination known for its beauty, culture, food, and exciting activities. In this travel cost guide, we'll cover everything you need to know to plan your travel budget and have an amazing trip without spending too much. This guide includes average trip costs from previous travelers, typical hotel prices, food and dining costs, entertainment and sightseeing prices, and information about transportation.

How much does it cost to travel to Hofn?

You should plan to spend around $197 (kr25,195) per day on your vacation in Hofn. This is the average daily price based on the expenses of other visitors.

Past travelers have spent, on average for one day:

  • $70 (kr8,904) on meals
  • $30 (kr3,779) on local transportation
  • $216 (kr27,562) on hotels

A one week trip to Hofn for two people costs, on average, $2,759 (kr352,730). This includes accommodation, food, local transportation, and sightseeing.

All of these average travel prices have been collected from other travelers to help you plan your own travel budget.

  • Average Daily Cost Per person, per day
    $197
    kr25,195
  • One Week Per person
    $1,380
    kr176,365
  • 2 Weeks Per person
    $2,759
    kr352,730
  • One Month Per person
    $5,912
    kr755,850
  • One Week For a couple
    $2,759
    kr352,730
  • 2 Weeks For a couple
    $5,518
    kr705,460
  • One Month For a couple
    $11,825
    kr1,511,700
This data comes from the travel budgets of real travelers - How it works. Put these numbers on your website.


How much does a one week, two week, or one month trip to Hofn cost?

A one week trip to Hofn usually costs around $1,380 (kr176,365) for one person and $2,759 (kr352,730) for two people. This includes accommodation, food, local transportation, and sightseeing.

A two week trip to Hofn on average costs around $2,759 (kr352,730) for one person and $5,518 (kr705,460) for two people. This cost includes accommodation, food, local transportation, and sightseeing.

Please note, prices can vary based on your travel style, speed, and other variables. If you're traveling as a family of three or four people, the price per person often goes down because kid's tickets are cheaper and hotel rooms can be shared. If you travel slower over a longer period of time then your daily budget will also go down. Two people traveling together for one month in Hofn will often have a lower daily budget per person than one person traveling alone for one week.

A one month trip to Hofn on average costs around $5,912 (kr755,850) for one person and $11,825 (kr1,511,700) for two people. The more places you visit, the higher the daily price will become due to increased transportation costs.




Is Hofn expensive to visit?

Hofn is a smaller destination that attracts a broad range of travelers, encompassing various travel styles, spending practices, and budget options. Visitors can find a range of options for accommodation from high-end luxury hotels to mid-range places to budget-friendly hostels.

Hofn can become quite costly if you let it, but there are ways to save money, such as looking for discounts and coupons.

On average, budget travelers spend $84 (kr11,116) per day, mid-range travelers spend $191 (kr25,195) per day, and luxury travelers spend around $356 (kr46,790) per day. These costs are calculated from the expenses of previous travelers to Hofn.

Within Europe, which is known to be an expensive region, Hofn is a moderately priced destination compared to other places. The overall cost of travel here is fair for the region and comparable to Pompeii or Bucharest.

For more details, and to find out if it's within your travel budget, see Is Hofn Expensive?

How much money do I need for a trip to Hofn?

The average Hofn trip cost is broken down by category here for independent travelers. All of these Hofn travel prices are calculated from the budgets of real travelers. Also, you can see more details at How much does a trip to Hofn cost?

Hofn on a Budget
Category Budget Mid-Range Luxury
Accommodation1
For 1 person in double occupancy
$48
(kr6,122)
$108
(kr13,781)
$195
(kr24,979)
Local Transportation1 $13
(kr1,653)
$30
(kr3,779)
$56
(kr7,221)
Food2 $30
(kr3,895)
$70
(kr8,904)
$133
(kr17,014)
Entertainment1 $9
(kr1,087)
$19
(kr2,484)
$37
(kr4,747)
Alcohol2 $3-8
(kr356-1,069)
$6-19
(kr814-2,443)
$12-37
(kr1,556-4,668)

Realistic Expectations for Your Travel Budget

When planning your trip to Hofn, it's important to have realistic expectations about your budget. Many believe they can travel on a shoestring, but that often leads to either uncomfortable travel experiences or some surprisingly high expenses. Consider your vacation style. Do you enjoy staying in hostels, resorts, regular hotels, or vacation rentals? Are attractions and dining experiences a priority? These factors will affect how much you spend and your itinerary.

Who Exactly is a Budget Traveler?

While you might think you're a budget traveler, without giving up many of your usual comforts, you'll likely need to spend more than the $84 per day that backpackers often spend.

Backpackers often work within this tight budget by staying in hostel dorms, eating fast food or street food, using public transit, and mainly visiting free attractions.

Is Your Travel Style Average?

Couples and families enjoying a vacation will probably want to stay in a mid-range hotel, eat at popular dining spots, and explore the key museums and attractions that have entry fees. A significant number of visitors to Hofn will want to tour the main attractions, museums, and landmarks. Keep in mind that most activities cost money. Thus, it's reasonable to expect your daily budget to be around $191 per person, per day.

There's a wide selection of hotels and vacation rentals in Hofn. If you're traveling with others, sharing a hotel room with a partner, friend, or kids will help split costs and save money. When traveling as a family, look for hotels and restaurants that welcome children. Milk Factory is a great choice for kids, and Hali Country Hotel is another wonderful option. For more family and couple-friendly places to stay, check out our Hofn hotel costs guide.

Want to Escape the Daily Grind in Style?

If you envision a trip that covers everything with high-end amenities and top-tier service, be ready for a daily expense near $356. Enjoying nicer hotels, dining at acclaimed restaurants, participating in extravagant activities, and using taxis or private drivers to navigate the destination will require a premium budget.

Accommodation Budget in Hofn

Prices for hotels in Hofn vary widely, with luxury hotels charging more due to higher amenities. In the off-season, expect to pay around $162, but during peak season, average prices climb to $302. With options ranging from $106 to $519, there's something for every budget. Hostels are usually cheaper, especially dorm rooms. To save, book during the off-season or keep an eye out for special deals.

Average Daily Costs

Calculated from travelers like you

The average price paid in Hofn for two people for a typical double-occupancy hotel room is $216 (kr27,562). For one person sharing a room, the average price paid for a hotel room is $108 (kr13,781) per night. These costs are from the reported spending of actual travelers.

  • Accommodation1 Hotel or hostel for one person
    $108
    kr13,781
  • Accommodation1 Typical double-occupancy room
    $216
    kr27,562

Hotels in Hofn

Looking for a hotel in Hofn? Prices vary by location, date, season, and the level of luxury. See below for options.

Find the best hotel for your travel style.

Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world.



Actual Hotel Prices in Hofn

The average hotel room price in Hofn based on data provided by Kayak for actual hotel rooms is $162 in the low season and $302 in the peak season. Below are the average prices for each budget category. (Prices in U.S. Dollars, before taxes & fees.)

The most affordable highest rated hotels in Hofn include:

  • Milk Factory starting at $131
  • Hali Country Hotel starting at $163
  • Hotel Jokull starting at $164
  • Arnanes Country Hotel starting at $137
Tips to Save Money on Accommodation in Hofn

If you avoid and go during the low or shoulder season, you'll find better hotel deals and fewer tourists.


Recommended Properties


Transportation Budget in Hofn

Average Daily Costs

Calculated from travelers like you

  • On average, past travelers have spent $30 (kr3,779) per person, per day, on local transportation in Hofn. The cost of a taxi ride or rideshare service (Uber/Lyft) in Hofn is significantly more than public transportation.

  • Transportation1 Taxis, local buses, subway, etc.
    $30
    kr3,779

The easiest way to get into Hofn is to come from Reykjavik; this can be done by airplane via Eagle Air, by bus, or by rented car. If you go with a rented car, you're in luck as it's extremely easy to get around due to the limited number of roads in Iceland. Renting a car also makes it much easier to get around Hofn and the surrounding area. There is only one taxi that serves Hofn, although with such a small town, you can easily get around by foot.

Transportation Tips

When driving, it's important to check that your hotel has good parking options.



Flights to Hofn
How much does it cost to go to Hofn? Naturally, it depends on the dates. We recommend Kayak because they can find the best deals across all airlines.

Rental Cars in Hofn
The price of renting a car in Hofn will depends on dates, the type of car, the location, and your age. We recommend Kayak because they can find the best deals across all car rental companies.



Food Budget in Hofn

Cuisine is one of the main reasons people travel, so don't miss out on the local fare.

Average Daily Costs

Calculated from travelers like you

  • While restaurant and meal prices in Hofn can vary significantly, the average cost of food in Hofn is $70 (kr8,904) per day, per person, based on the spending habits of previous travelers.

  • Food2 Meals for one day
    $70
    kr8,904

When dining out, the average daily cost for food in Hofn is around $68 (kr8904) per person, with previous travelers spending from $30 to $129. Generally, breakfast and lunch cost less than dinner, but this will depend on the type of restaurant and what you order.

Typical meal prices in Hofn are as follows:

  • Breakfast: $7 to $20
  • Lunch: $10 to $27
  • Dinner: $20 to $47
  • Coffee: $5
  • Fast Food or Street Food: $10

Hofn is one of the most famous lobster fishing harbors in Iceland, making it one of the best places to enjoy the delicacy. Humarhofnin restaurant specializes in making lobster, although they tend to be open only during the summer. There are just a few other restaurants in the area, most of which are laid back burger and pizza joints. If you're looking for something more upscale, check out Osinn restaurant located in the Hotel Hofn.

Food & Dining Tips

Many accommodations feature breakfast in their rates, while some may charge additional fees for it. The cost and quality can vary significantly from one hotel to another. Knowing this information ahead of time helps you decide if you need to spend extra money. A tasty hotel buffet could be worth the expense, or a nearby bakery or cafe might offer a more affordable choice.

Keep a water bottle handy instead of purchasing drinks everywhere. It's also better for the environment.

When planning a tour, don't forget to look into which meals are covered. You may be responsible for some of your own food, which could impact your budget significantly.



Sightseeing and Activities Budget in Hofn

Average Daily Costs

Calculated from travelers like you

  • Sightseeing activities, entertainment, and entrance tickets in Hofn typically cost an average of $19 (kr2,484) per person, per day based on the spending of previous travelers. This includes fees paid for admission tickets to museums and attractions, day tours, and other sightseeing expenses.

  • Entertainment1 Entrance tickets, shows, etc.
    $19
    kr2,484

Some of the best sights in Hofn involve their renowned natural beauty, including the large glacial rivers and glacier topped mountains dotted throughout the area. You'll find some of these natural wonders at Oraefajokull, a sub-glacier that contains Iceland's tallest mountain, Hvannadalshnjukur. At Jokulsarlon, the most famous glacial lagoon in the area, you can watch as chunks of ice fall off of the glacier and into the lagoon, creating small icebergs. Keep in mind, hiring a guide or going through a tour company is the best option when exploring the region. These guides are familiar with the area and can help you see all of the sights while ensuring you're doing so safely.

In town, you'll find the Gamalabuo Folk Museum which explores the lives of local people from 1850-1950. There's also the Hornafjorour Art Museum, a small gallery featuring contemporary art from local artists. In the Mikligarour, an old building by the harbor, there's workshops and galleries belonging to local artists where you can peruse their work and pick up a few souvenirs.



There are many sport activities to do throughout Hofn and the surrounding area. One of the most popular is hiking the Lonsoraefi wilderness which provides perfect day-long hikes with incredible scenic views. While hiking, keep a lookout for herds of wild reindeer, who roam through the mountains, especially during summertime.

For something adventurous, go to Super Jeep Glacier Tour, a company who will take you through the breathtakingly beautiful Vatnajokull National Park either in a Jeep or on snowmobile. Or, go on a boat tour through the Fjallsarlon glacial lagoon and enjoy the sights of the mountain while also navigating through iceberg riddled waters. In the surrounding area of Hofn, you can also go ice climbing, kayaking, horseback riding, and golfing, all of which can be set up through a local tour company.

Local tours that last a few hours can be a great way to explore Hofn. Prices vary by the type of activity or tour, the dates, and the size of the group. Here are a few of the highest rated tours by previous visitors:

  • Sindri’s Ice Cave Photography Tour: A Local’s Perspective for $215 details
  • Ice Exploration Tour from the Glacier Lagoon for $129 details
  • The Orignal Ice Cave Tour in Jökulsárlón Glacier Lagoon for $164 details

Recommended Activities


Nightlife Budget in Hofn

Average Daily Costs

Calculated from travelers like you

  • The average person spends about $13 (kr1,629) on nightlife and alcoholic beverages in Hofn per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

  • Alcohol2 Drinks for one day
    $13
    kr1,629
Nightlife Tips

Enjoying the nightlife is always a highlight, but cutting back on drinks can really help you save money on your travels.



Travel cost data last updated: Mar 25, 2025

Budgeting and Travel Tips for Hofn

  • Peak season in usually results in inflated prices and heavy crowds. To keep costs down and avoid the hustle, try visiting during the shoulder or low seasons instead.
  • Choosing a slower travel pace allows you to soak in the area's beauty while saving money. If you cram your days with endless activities, you'll find yourself spending more. In contrast, slowing down often leads to lower costs and a richer experience.

Budgeting Challenges

  • Hofn offers limited public transit options. Renting a car or having a pre-arranged ride, such as a tour, could be a wise choice. Just remember, this might take a toll on your budget in other areas.
  • Hofn isn't a hotspot for hostels, so if you're planning on staying in a budget dorm, you may want to readjust your travel plans. A cheap hotel or an apartment rental could be a more suitable option.
Traveling in Hofn

Hofn is a very small fishing town on the southeast of Iceland, measuring just over half a mile across. It is best known for being located in the beautiful Vatnajokull Region, where the largest glacier in Europe is located. Hofn, and the surrounding area, is full of breathtaking natural scenery including lagoons, icefalls, and mountains.

Hofn's climate is cold and wet, with temperatures rarely going above 50° Fahrenheit. The coldest and wettest months are October-February, while the driest month is April, just as temperatures warm to 30-40° F.



Neighborhoods & Around

Hofn is often used as a basecamp for exploring other, more rural, areas of the Vatnajokull Region. One such area is the Vatnajokull National Park, which displays stunning examples of the fight between fire and ice. Here, you'll find glaciers blending with black sands from the volcanoes, hot steam coming through the ice, and mountains towering over glacial lakes.

South of Hofn is Osland, a conservation area perfect for hiking and bird watching. You can climb the Osland hill to get incredible views of the surrounding glaciers and mountains.

East of Hofn is the Horn area, situated below the Vestra-Horn Mountain. This area is popular for sightseeing and history buffs, as the area was once a base for the British Army and a NATO radar station.

Related:

Traveling independently and looking for a hostel in Iceland?

Are you organizing group travel and need a place to stay in Reykjavik?

We've been gathering travel costs from tens of thousands of actual travelers since 2010, and we use the data to calculate average daily travel costs for destinations around the world. We also systematically analyze the prices of hotels, hostels, and tours from travel providers such as Kayak, HostelWorld, TourRadar, Viator, and others. This combination of expenses from actual travelers, combined with pricing data from major travel companies, gives us a uniqe insight into the overall cost of travel for thousands of cities in countries around the world. You can see more here: How it Works.



1 Categories averaged on a per-item basis.
2 Categories averaged on a per-day basis.
For example, the Food2 daily average is for all meals for an entire day, while Entertainment1 is for each individual purchase. Thus, the overall daily average cost is not a summation of the individual categories.