Mid-Range Travel Guide: Reykjavik

Accommodation

$80-180 per night

Private rooms in mid-range hotels, boutique guesthouses, or well-located apartment rentals

Food & Dining

$40-80 per day

Mix of casual restaurants, local seafood spots, hotel breakfasts, and some self-catering

Transportation

$15-40 per day

Combination of public transport, occasional taxis, and day tour transfers

Activities

$50-120 per day

Guided tours to popular attractions, geothermal spas, museums, and cultural experiences

Shop at local grocery stores and cook your own meals - typically 60-70% cheaper than eating out for every meal

Use the public bus system instead of taxis - usually 75-85% less expensive for getting around the city

Visit free geothermal areas and hiking trails instead of paid attractions - can save $30-80 per day

Book accommodation outside peak summer months for 25-40% lower rates

Take advantage of happy hour prices at restaurants, typically 20-30% cheaper than regular menu prices

Purchase the Reykjavik City Card for combined transport and attraction discounts - generally saves 15-25% on multiple activities

Fill up water bottles from tap water instead of buying bottled water - Iceland has excellent tap water and saves $3-8 daily

Eating every meal in tourist-heavy areas near the harbor - typically costs 100-150% more than local neighborhoods

Taking taxis for all transportation instead of learning the bus system - can triple your daily transport costs

Booking accommodation at the last minute during summer months - often results in 40-80% higher prices than advance booking

Not checking if attractions offer combination tickets - missing potential savings of 20-35% on multiple sites