Most travel budgets take the biggest hit when it comes to finding a place to stay in Iceland. Even for a very basic, non-fancy hotel (or a private Airbnb rental), you\u2019ll probably pay upwards of $200 a night. That price can fluctuate depending on the time of year you visit. And if you head to Iceland outside of the busy summer season, you\u2019ll stand a better chance of saving some cash on a hotel. But there are several budget-friendly accommodations options beyond hotels.<\/p>\n You can save with the classic low-cost (and hipper) alternative to hotels: hostels. These are pricier in Iceland compared to elsewhere and run anywhere from $25 to $50 a night per person per night. For a stripped-down budget, especially in the summer, you can try camping. There are dozens of campsites in Iceland that can cost anywhere from $5 to $20. And if you don\u2019t want to pay a dime, Couchsurfing is free and quite popular in Iceland.<\/p>\n Ready for your next adventure abroad? Check out these cheap international flights<\/a> that can help you save!<\/strong><\/em><\/p>\n Getting around Iceland is best\u00a0done by rental car. You\u2019ll have the freedom to go where you want, when you want. Car rentals (as per a quick search during July) can run as low as under $40 per day for a mini car option. Split between friends, that can add up to just $20 a day on transportation. Keep in mind, however, you\u2019ll need to budget for gas, which is quite expensive in Iceland. As of March 2019, the average cost per liter of gasoline in Iceland was $1.84<\/a>…which adds up to around $7 a gallon.<\/p>\n The country does boast\u00a0an extensive bus system, but with bus passes running a couple hundred dollars (calculating on where you want to go and the length of your trip), relying on public transit may not be as cost-effective as renting a car<\/a>.<\/p>\n One company, Happy Campers<\/a>, lets you rent a camper van for as low as $111 per day (low season rate). With the capacity to sleep two people, you\u2019re looking at $80 per person for both accommodations and transportation. Again, if you don\u2019t want to pay a Kr\u00f3na<\/em> for transportation, you can always hitchhike which is also generally commonplace in Iceland.<\/p>\n One of the best ways to save money while in Iceland is to resist eating out as much as possible. Buying meals at grocery stores will save you a great chunk of change because dining out at restaurants will likely blow your budget in just one sitting. If you need to eat out during your trip to Iceland, its best to do it for lunch — when menu prices are a bit cheaper.<\/p>\n You\u2019ll also want to lay off the drinking while in Iceland. With a beer running around $10, thanks to high taxes on alcohol, throwing back a few cold ones can cost a lot. So if you’re not one to drink water from a reusable water bottle (keep in mind Iceland is home to some of the best drinking water in the world), you might want to pick up a bottle or two of booze at the\u00a0duty-free when you arrive at the airport.<\/p>\n One upside to traveling through Iceland on a budget is that many of its attractions are natural, meaning they don’t usually come with an admission fee.<\/p>\n The most famous geothermal pool is the Blue Lagoon<\/a>…which will set you back around $60 for a bare-bones ticket… Thankfully, Iceland is filled with less-famous and inexpensive\u00a0local geothermal pools. In fact, most towns have a hot spring or pool with either no admission fee or a small one (we\u2019re talking $10). Some free geothermal pools across Iceland that are worth seeking out include Reykjadalur, Seljavallalaug, Landbrotalaug, and Hveravellir.<\/p>\n For a dose of city life in Iceland, you can largely explore the capital city of Reykjavik without forking over your wallet. Since it is a relatively small city, you can roam on foot and discover much of its charms without the sticker shock. In fact, many tour companies, including City Walk Reykjavik<\/a> and Free Walking Tour Reykjavik<\/a>, offer free walking tours of the capital city (although you should consider tipping your guide). Most provide a great introduction to the city with plenty of background on Iceland\u2019s history and culture.<\/p>\n Iceland features several waterfalls, many of which you can just walk right up to and see. Arguably the most famous of which is Gullfoss<\/a>. Open 24\/7 and declared free public open space, the iconic waterfall features walls reaching up to 70 meters in height. Part of the Golden Circle Tour<\/a>, the waterfall sits in South Iceland on the Hv\u00edt\u00e1 River.<\/p>\n You may also like:\u00a07 Tips to Rock Reykjavik on a Budget<\/a><\/strong><\/em><\/p>\n![\"\"](\"https:\/\/www.cheapoair.com\/miles-away\/wp-content\/uploads\/2017\/06\/Iceland-Camping.jpg\")
<\/a><\/p>\nTransportation <\/strong><\/h2>\n
<\/a><\/p>\nFood & Drink<\/strong><\/h2>\n
Attractions<\/strong><\/h2>\n
<\/a><\/p>\nGeothermal Pools<\/h3>\n
Reykjavik Walking Tour<\/h3>\n
<\/a><\/p>\nChasing Waterfalls<\/h3>\n
<\/a><\/p>\nHiking<\/h3>\n