Is Reykjavik expensive for hotels?

Yes: hotels in Reykjavik ask a median $202 a night, +56% against the median of 487 other towns measured in USD ($129); it ranks 76 of 488 from the priciest (latest scan 25 October 2026).

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

Updated

How Reykjavik compares with other towns

The 487 other towns measured in USD ask a median $129 a night; at $202, hotels in Reykjavik rank 76 of 488 from the priciest.

RankTownMedian a nightAgainst this town
69Boston (MA)$207+3%
70Luzern$206+2%
71Fort Lauderdale (FL)$204+1%
72Anchorage (AK)$204+1%
73Port Douglas$203+1%
74Lausanne$203+1%
75Christ Church$2020%
76Reykjavik$2020%
77Philadelphia (PA)$2010%
78Exeter$2010%
79Canberra$198-2%
80Haifa$198-2%
81Arlington (VA)$197-2%
82Tel Aviv$196-3%
83Solvang (CA)$196-3%

Each percentage compares a town's median with this town's; towns read in another currency are not in this comparison.

Cheapest and priciest month ahead

Across the 3 months ahead measured for hotels in Reykjavik, the cheapest is November 2026 at a median $198 a night and the priciest December 2026 at $205.

MonthMedian a nightAverage a night
November 2026$198$295
December 2026$205$338
January 2027$202$316

Priciest and cheapest night ahead

The priciest night ahead is 31 December 2026, a median $425 a night; the cheapest is 18 November 2026, a median $177.

NightDateMedian a night
Priciest night31 December 2026$425
Cheapest night18 November 2026$177

What was measured

Asking prices of hotels in Reykjavik for one night for two adults, 71 nights measured from 13 November 2026 to 22 January 2027; compared with 487 other towns measured in the same currency, USD.

  • Only hotel asking prices are measured here: not flights, food or transport.
  • Prices in USD, as shown on the day each night was read, never converted at an exchange rate.
  • A place 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 →

More questions about this town

All prices in Reykjavik →