Iceland Road Trip Budget

Road Tripping Around Iceland On A Budget

This time last year we flew to Iceland for a week-long adventure road tripping around the entire Ring Road. Before we left for our trip we were given terrible advice by folks with very big opinions and very little actual knowledge of Iceland. I have traveled the world a few times over so when someone gives me advice about travel I tend to just smile, say thanks and go about my business.

jokulsarlon glacier lagoon


Some of the myths I heard about Iceland were:
The food is insanely expensive!
You won’t be able to afford a hotel!
The weather is terrible!
You can’t possibly drive the entire Ring Road in one week!

We flew into Iceland via WOWAIR which always offers a deal for an extended layover in one other European city. This is an amazing deal if you can fit that into your trip.  Keep in mind this is a bare-bones flight and you purchase your baggage cost separately from your ticket. Our flights were very inexpensive from Los Angeles to Iceland! The plane did not offer food (who really eats plane food anyway?) or entertainment but they did have chargers under the seats for phones and laptops.

Once we arrived we rented a car via a great agency who met us at the airport and went through all the car details with us on the spot.  We had brief car trouble in the middle of nowhere later on in our trip and they arranged a mechanic quickly!

iceland waterfall

One of the biggest misconceptions about Iceland is that it is expensive. Yes, if you go to a restaurant for every single meal it will be an expensive trip much like any other trip. An important thing to note about Iceland is that almost every single thing you could want to see and experience with the exception fo the blue lagoon is FREE! So you have to balance the cost of restaurants with the fact that you can see shockingly beautiful waterfalls, mountains, hot springs etc for free.

After picking up our rental car we immediately went to a local supermarket and purchased groceries because we prefer to cook and wanted to save money on food. BONUS is the local supermarket chain and it is spread throughout Iceland. The logo is a yellow sign and a big pink pig and is very easy to find. Prices in the supermarket were exactly the same as prices in Los Angeles. We booked cabins through Airbnb for our entire trip. Each cabin had a full kitchen which allowed us to cook our meals every morning and evening. They were very affordable and each was was stunningly beautiful, well equipped, and easy to communicate with

Iceland Horses

Here are the places we stayed at during our trip:

The Ring Road is a national road in Iceland that runs around the island and connects most of the inhabited parts of the country. The total length of the road is 828 miles so yes, you absolutely can drive the entire Ring Road in one week. Some of the most popular tourist attractions in Iceland, such as the Seljalandsfoss and Skógafoss waterfalls, Dyrhólaey and the Jökulsárlón glacier lagoon, are by the Ring Road.

I hope this information helps you plan the perfect road trip around Iceland!

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