Budget Tours to Iceland
Ever dreamed of bathing in the Blue Lagoon's steaming waters or watching geysers erupt under the midnight sun? Iceland brings everything from Reykjavik's colorful streets to the Golden Circle's wonders, Thingvellir's continental divide to Seljalandsfoss' cascading beauty. Chase the Northern Lights and walk on glaciers. Fire and ice want you.
10 best Budget Iceland tour packages
Compiled by
NadineIceland travel expert at TourRadar
- 8-Day Summer Iceland Ring Road & Landmannalaugar Highland Small Group Tour
- 8 Days : South Iceland & Reykjavík Solar Eclipse Break
- 5 Days Land of Midnight Sun
- Reykjavik Iceland & Solar Eclipse Budget - 5 days
- 7 Day Northern Lights Secrets – Westfjords
- 11-Day Combo: Land of Northern Lights & Northern Lights Secrets – Westfjords
- 8 Day Northern Lights Exploration
- 8 Day Guided Iceland Circle & Northern Lights
- 7 Days : Iceland Eclipse Elite: South Iceland & Blue Lagoon Stay
- 5 Days : Reykjanes Peninsula and Solar Eclipse
8-Day Summer Iceland Ring Road & Landmannalaugar Highland Small Group Tour
9 Reviews by TourRadar travelers“The best trip for summer ever.”
Ganesh, traveled in July
A week-long Iceland adventure costs around $300 per day, covering 7 nights in 3-star hotels with breakfast. The package includes WiFi-equipped minibus transport and Reykjavik pickup, with optional Katla Ice Cave tours, Vök Baths entry, and whale watching in Akureyri.
Duration 8 days Destinations Reykjavik, Thingvellir National Park, Geysir, Gullfoss, Hvolsvollur, Seljaland, Skogafoss, Reynisfjara, Reynisdrangar Cliffs, VikSee all destinations Age Range Ages 6+ Price Per Day $274 Operator BusTravel Iceland From $2,669
18% Off- US$2,188You save $480
Duration 8 days Destinations Keflavik, Reykjavik, Thingvellir National Park, Geysir, Gullfoss, Reykjanesviti, Blue Lagoon, Vik, Jokulsarlon, Skogafoss Age Range Ages 8+ Price Per Day $666 Operator STM Tours LLC From $5,919
10% Off- US$5,327You save $592
An excellent value at approx. $280 per day includes 4 breakfasts and Blue Lagoon entry. Accommodations feature Hotel Cabin in Reykjavik (10m² rooms) and Stracta Hotel in Hella (18m² rooms), with WiFi and Flybus airport transfers included.
Duration 5 days Destinations Reykjavik, Reykjanesviti, Gunnuhver, Blue Lagoon, Hella, Seljaland, Eyjafjallajokull, Skogafoss, Solheimajokull, ReynisfjaraSee all destinations Age Range Ages 8+ Price Per Day $269 Operator GJ Travel From
10% Off- US$1,346
Duration 5 days Destinations Reykjavik, Blue Lagoon, Gullfoss, Geysir, Thingvellir National Park Age Range Ages 8+ Price Per Day $485 Operator On The Go Tours From
10% Off- US$2,425
Running approx. $450 per day, this 7-day Westfjords trip includes stays at Fosshótel Barón in Reykjavík and Hótel Ísafjörður, plus the remote Vogur Country Lodge near Hólmavík. You'll hunt for Northern Lights across Arctic skies while checking out the 3,400-year-old Grábrók volcanic crater and the tiered cascades of Dynjandi waterfall. Breakfasts and lunches come included daily, with traditional fermented shark tasting and a Brennivín toast in Reykjavík to wrap up the trip.
Duration 7 days Destinations Keflavik, Reykjavik, Grábrók Volcano, Budardalur, Isafjordur, Dynjandi, Flateyri, Borgarnes Age Range All Ages Welcome Price Per Day $565 Operator STM Tours LLC From $4,397
10% Off- US$3,958You save $440
Duration 11 days Destinations Keflavik, Reykjavik, Blue Lagoon, Skogar, Reynisfjara, Hella, Geysir, Gullfoss, Thingvellir National Park, Grábrók VolcanoSee all destinations Age Range Ages 8+ Price Per Day $487 Operator STM Tours LLC From $5,958
10% Off- US$5,362You save $596
Duration 8 days Destinations Keflavik, Reykjavik, Grábrók Volcano, Borgarnes, Snæfellsnes, Kirkjufell Mountain, Thingvellir National Park, Geysir, Gullfoss, HellaSee all destinations Age Range Ages 8+ Price Per Day $411 Operator STM Tours LLC From $3,652
10% Off- US$3,287You save $365
At around $400 per day, this 8-day guided circle tour includes stays at Reykjavík Natura Berjaya Iceland Hotels, Akureyri Berjaya Iceland Hotels, and Fosshotel Glacier Lagoon with daily breakfasts. Two included Northern Lights excursions take you to prime aurora viewing locations, plus free admission to Mývatn Nature Baths and a boat tour through Jökulsárlón glacial lagoon from May to October.
Duration 8 days Destinations Keflavik, Reykjavik, Borgarnes, Akureyri, Dimmuborgir, Reynisfjara, Skogar, Hella, Geysir, GullfossSee all destinations Age Range Ages 8+ Price Per Day $330 Operator STM Tours LLC From $4,063
35% Off- US$2,641You save $1,422
At approx. $630 per day, you'll stay at the premium Hotel Geysir in the heart of the Geysir Geothermal Area and the luxurious Silica Hotel at the Blue Lagoon with private lagoon access. Meals include geothermal-baked rye bread with traditional Icelandic butter, farm-to-table lunch at a Slow Food farm, and elegant three-course dinners. You'll see UNESCO-listed Þingvellir National Park, watch Strokkur geyser eruptions, and walk behind Seljalandsfoss waterfall—all with private taxi transfers and expert English-speaking guides.
Duration 7 days Destinations Keflavik, Reykjavik, Thingvellir National Park, Geysir, Gullfoss, Reynisfjara, Vik, Skogafoss, Reykjanesviti, Blue LagoonSee all destinations Age Range Ages 8+ Price Per Day $988 Operator STM Tours LLC From $7,684
10% Off- US$6,916You save $768
At approx. $400 per day, you'll have 4 nights at Park Inn Hotel in Keflavík with daily breakfast included and arrival/departure transfers by private car. Check out Hraunfossar's waterfalls, the Reykjanes Peninsula's volcanic landscapes including Krýsuvík and Brimketill, and soak in the Blue Lagoon's geothermal waters. Watch the Solar Eclipse with provided solar glasses and celebrate with a three-course dinner, while covering 840km of Iceland's terrain.
Duration 5 days Destinations Keflavik, Reykjanesviti, Hraunfossar, Blue Lagoon Age Range Ages 8+ Price Per Day $682 Operator STM Tours LLC From $3,789
10% Off- US$3,410You save $379
What people love about Budget Tours in Iceland
- 8-Day Summer Iceland Ring Road & Landmannalaugar Highland Small Group Tour
Absolutely loved the tour and fell in love with Iceland. The 8day tour enabled us to take in all the major highlights of this incredible landscape. The only hiccup was the last day trip to Landmannalauger when we did not stop to pickup breakfast on the way (as was indicated) and there was no proper food available on site for lunch. If we had known before hand we would have come prepared.
Really well organized
3 Day Winter Package with Golden Circle, South Coast & Aurora
What our customers ask about Budget Tours to Iceland
What are the best budget-friendly areas to visit in Iceland?
The South Coast and Golden Circle stand out as cost-effective regions for travelers watching their spending. You can explore Vik Seljalandsfoss and Thingvellir National Park without paying entrance fees. The Snaefellsnes Peninsula offers free hiking paths and distinctive black beaches. Recent visitors often mention the South Coast's value with one TourRadar reviewer noting: "The South Coast was perfect for our budget - we saw amazing waterfalls like Skogafoss and Seljalandsfoss black sand beaches and glaciers without spending extra on activities."
What type of accommodation can I expect on budget tours in Iceland?
Budget tours provide simple yet comfortable lodging in guesthouses and 3-star hotels. In Reykjavik Hotel Cabin offers compact 10m² rooms with private bathrooms while rural spots like Hella's Stracta Hotel provide 18m² spaces. One TourRadar traveler noted "The accommodations were basic but comfortable and clean - perfect for budget travelers who spend most of their time exploring." These properties typically include WiFi and breakfast in the room rate.
When is the most affordable time to visit Iceland on a budget tour?
March-April and September-October offer the best value for money. Tours during these months start from 250-300 USD per day with favorable weather and good light conditions. Booking records show October and March are popular for budget tours especially around Thingvellir National Park and Golden Circle. A TourRadar traveler shared: "We went in March and got great deals while still seeing the Northern Lights and major attractions without peak season crowds."
Are entrance fees to attractions included in budget Iceland tours?
Natural sites like Seljalandsfoss Skogafoss waterfalls Reynisfjara beach and Thingvellir National Park come included in most budget tours. Extra activities cost more: Blue Lagoon (90 USD) glacier hikes (120 USD) and whale watching (80 USD). A TourRadar traveler noted: "The basic tour covered all major sights but we budgeted extra for the Jokulsarlon boat tour and Myvatn Nature Baths which were worth the splurge."
How much should I budget for transportation on a budget tour in Iceland?
Budget tours cover main transportation in WiFi-equipped minibuses from Reykjavik pickup points. Plan for about 50 USD extra for Flybus airport transfers between Keflavik Airport and Reykjavik hotels like Hotel Cabin. A TourRadar traveler mentioned: "The included transport was great - comfortable buses and no need to worry about Iceland's expensive car rental prices."
What are the best months for budget Northern Lights tours in Iceland?
September through March offers affordable Northern Lights tours with October and February providing the best deals. Tours that include Northern Lights viewing start at 270 USD daily with stays at places like Hotel Cabin in Reykjavik. According to a TourRadar traveler: "We went in February and got great deals on accommodation while still getting clear nights perfect for Northern Lights viewing near Thingvellir National Park."