How much does a hotel in Reykjavik cost per night?

November 2026: hotels in Reykjavik ask a median $198 a night and an average $295, from a median 197 hotels priced each night over 30 measured nights (read 25 October 2026). The cheapest month measured is November 2026 ($198), the priciest December 2026 ($205).

Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 25 October 2026 07:21 UTC.

Updated

Hotel price per night, month by month

Hotels in Reykjavik ask a median from $198 (November 2026) to $205 (December 2026) a night across the 3 months measured.

MonthMedian a nightAverage a nightMiddle half (p25–p75)Hotels priced a night (median)Nights measured
November 2026$198$295$148–$27719730
December 2026$205$338$155–$29818931
January 2027$202$316$160–$28819722

Average hotel price in Reykjavik in November 2026

November 2026: hotels in Reykjavik ask a median $198 a night and an average $295; the middle half of hotels ask $148–$277 (30 nights measured, a median 197 hotels priced each night, read 25 October 2026).

  • Friday and Saturday: median $222 against $193 Monday to Thursday (+15%).
  • Cheapest night: 18 November 2026, median $177.
  • Priciest night: 7 November 2026, median $254.

Average hotel price in Reykjavik in December 2026

December 2026: hotels in Reykjavik ask a median $205 a night and an average $338; the middle half of hotels ask $155–$298 (31 nights measured, a median 189 hotels priced each night, read 25 October 2026).

  • Friday and Saturday: median $208 against $195 Monday to Thursday (+6%).
  • Cheapest night: 15 December 2026, median $181.
  • Priciest night: 31 December 2026, median $425.

Average hotel price in Reykjavik in January 2027

January 2027: hotels in Reykjavik ask a median $202 a night and an average $316; the middle half of hotels ask $160–$288 (22 nights measured, a median 197 hotels priced each night, read 25 October 2026).

  • Friday and Saturday: median $205 against $196 Monday to Thursday (+5%).
  • Cheapest night: 12 January 2027, median $189.
  • Priciest night: 1 January 2027, median $394.

Hotel price by star rating in Reykjavik

Over the nights measured from 13 November 2026 to 22 January 2027, hotels in Reykjavik ask a median $160 at 2★, $212 at 2.5★, $162 at 3★, $241 at 3.5★, $221 at 4★, $302 at 4.5★ and $353 at 5★ a night.

StarsMedian a nightMiddle half (p25–p75)Nights measuredExample hotels
2★$160$118–$18066B47 ($111), Loft - HI Hostel ($169), Refurinn Reykjavik Guesthouse ($115)
2.5★$212$192–$26770Candlewood Suites Reykjavik By IHG ($201), Guesthouse Andrea ($106), City Guesthouse ($131)
3★$162$153–$16871201 Hotel ($122), ASKA Holt ($135), Alfred's Studios ($193)
3.5★$241$227–$27271Backyard Apartments by Heimaleiga ($236), Day Dream Vesturgata 17 Reykjavik ($196), EIR Apartments by Heimaleiga ($231)
4★$221$209–$24871Alda Hotel Reykjavik ($201), Alfred's Apartments ($156), CenterHotel Midgardur ($164)
4.5★$302$302–$33171Aurora Nooks Apartments by Heimaleiga ($192), Bright & Stylish One Bedroom Apartment- SIF ($292), Odinn Reykjavik Apartments ($367)
5★$353$318–$42271Mani Apartments by Heimaleiga ($228), R13 - A Townhouse Hotel ($193), The Reykjavik EDITION ($491)

What was measured

Asking prices of hotels in Reykjavik for one night for two adults, 83 nights measured from 1 November 2026 to 22 January 2027, read 25 October 2026.

  • A month's median is the median of its nightly medians; the average counts every price of every night once, so expensive suites and villas lift it above the median.
  • Prices in the currency they were shown in, never converted at an exchange rate.
  • A hotel with no price that night (sold out or closed) is checked but left out of the median.
  • Asking prices seen while searching for a stay: not prices paid, and not a forecast.

Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →

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