Iceland trip costs

Campervan or hotels in Iceland: which is actually cheaper?

The campervan, for most trips. Two people driving the Ring Road for ten days spend about 706,000 ISK in a campervan sleeping at campsites, against 782,000 ISK with a 4x4 and hotel rooms — a difference of roughly 76,000 ISK. At four people the gap widens to about 213,000 ISK, because four campsite pitches still cost less than two hotel rooms.

Where the money goes

Car rental200,000 ISK28%
Rental insurance (SCDW + sand and ash)60,000 ISK8%
Fuel42,000 ISK6%
Kilometre road tax14,000 ISK2%
Parking at paid stops10,000 ISK1%
Accommodation (incl. lodging tax)90,000 ISK13%
Food190,000 ISK27%
Activities and entry fees100,000 ISK14%

Side by side

Campervan, campsites, two people706,000 ISK ($5,681)
4x4 and hotels, two people782,000 ISK ($6,293)
Campervan, campsites, four people1,082,000 ISK ($8,711)
4x4 and hotels, four people1,295,000 ISK ($10,424)

The same trip, month by month

Only rooms and car hire move with the season. Everything else costs the same in February as in July, which is why the spread is narrower than people expect. The light does not behave like the price at all, which is why it is in the table: a cheap month can be a short one.

MonthTotalPer person per dayUsable light
January648,000 ISK32,000 ISK7 hours 30 minutes
February648,000 ISK32,000 ISK10 hours 15 minutes
March663,000 ISK33,000 ISK13 hours 30 minutes
April683,000 ISK34,000 ISK16 hours 45 minutes
May706,000 ISK35,000 ISK21 hours 45 minutes
June806,000 ISK40,000 ISK24 hours
July849,000 ISK42,000 ISK24 hours
August849,000 ISK42,000 ISK18 hours 45 minutes
September706,000 ISK35,000 ISK14 hours 30 minutes
October677,000 ISK34,000 ISK11 hours 30 minutes
November654,000 ISK33,000 ISK8 hours 30 minutes
December691,000 ISK35,000 ISK7 hours

What to know about this trip

The campervan wins because it removes a cost rather than reducing one. A van costs more per day than a car, but campsites are charged per person at a fraction of a room rate, and the room disappears entirely.

It stops winning in two situations. Above four people you need a second van, and two vans cost more than two hotel rooms. And in winter — campsites close, the ones that stay open are sparse, and sleeping in a van in a February storm is a different proposition from doing it in June.

The comparison also assumes you would have been happy in a guesthouse. If you would have camped anyway, the van is simply an extra vehicle cost, and a small car with a tent is cheaper than both.

Other trip shapes

5 days, 1 person · 5 days, 2 people · 5 days, 4 people · 7 days, 1 person · 7 days, 2 people · 7 days, 4 people · 10 days, 2 people · 10 days, 4 people · 14 days, 2 people · 14 days, 4 people · The cheapest month to visit Iceland, priced

Change the assumptions and price your own trip · Driving distances