How much does a 3-, 4- or 5-star hotel cost in Reykjavik?
In Reykjavik, the median asking price for one night was $162 at 3-star places, $221 at 4-star and $353 at 5-star (latest scan 25 October 2026). From 3 to 5 stars that is a step of +118%, across 273 star-rated places and 71 nights read on 25 October 2026; 11 places without a star rating are left out.
Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 25 October 2026 07:21 UTC.
Updated
Median asking price by star rating
The highest median by star rating in Reykjavik: 5★ places at $353 a night, over 71 measured nights (11 places).
| Stars | Median asking price | Half the nights between | Against 3★ | Places | Nights measured |
|---|---|---|---|---|---|
| 2★ | $160 | $118 – $180 | -1% | 6 | 66 |
| 2.5★ | $212 | $192 – $267 | +31% | 14 | 70 |
| 3★ | $162 | $153 – $168 | 0% | 83 | 71 |
| 3.5★ | $241 | $227 – $272 | +49% | 35 | 71 |
| 4★ | $221 | $209 – $248 | +37% | 100 | 71 |
| 4.5★ | $302 | $302 – $331 | +87% | 24 | 71 |
| 5★ | $353 | $318 – $422 | +118% | 11 | 71 |
- Lowest: 2★ at $160 over 66 nights.
- Places with no star rating: 11, left out of every row.
A night's figure is the median asking price of one star rating's places that night (3 or more priced); a row's figure is the median of those nights, and its range the middle half of them.
The step from one star rating to the next
The widest gap between neighbouring star ratings in Reykjavik: 4★ to 5★, +$132 a night (+60%).
| Step | Median asking price | Difference | Difference % |
|---|---|---|---|
| 2★ → 3★ | $160 → $162 | +$2 | +1% |
| 3★ → 4★ | $162 → $221 | +$59 | +37% |
| 4★ → 5★ | $221 → $353 | +$132 | +60% |
Each step compares the medians in the table above. Star ratings differ in size, location and type of place, so a step is a gap between two groups of places, not the price of a star.
Guest score and asking price
In Reykjavik, places with a guest score of 9 or more asked a median $251 a night, against $143 at places scored under 8 (+75%), over 71 and 71 measured nights.
| Guest score | Median asking price | Half the nights between | Places | Nights measured |
|---|---|---|---|---|
| 9 or more | $251 | $237 – $294 | 97 | 71 |
| Under 8 | $143 | $131 – $160 | 26 | 71 |
Places scored 8 to 9 sit out, so no place is in both rows. This compares two groups of places; it does not show that a score moves a price.
Guest scores in Reykjavik
Places with a guest score in Reykjavik: 331; scored 9 or more: 126 (38%); average score 8.7/10 over 212559 reviews.
| Guest score | Places | Share |
|---|---|---|
| 9–10 | 126 | 38% |
| 8–9 | 170 | 51% |
| 7–8 | 27 | 8% |
| 6–7 | 7 | 2% |
| ‹6 | 1 | 0% |
Every place seen in the town counts here, whether or not it showed a price on these nights. Star ratings and guest scores are the hotel sites' own: a star rating is often set by the place itself, a guest score comes from its reviews.
Well rated at or under the median price
For the night of 18 December 2026 in Reykjavik, 16 of 186 priced places had a guest score of 9 or more and asked no more than that night's median, $202.
| Stars | Priced that night | Guest score 9+ | 9+ at or under the median |
|---|---|---|---|
| 2★ | 3 | 1 | 1 |
| 2.5★ | 5 | 1 | 0 |
| 3★ | 58 | 11 | 6 |
| 3.5★ | 21 | 7 | 3 |
| 4★ | 68 | 24 | 5 |
| 4.5★ | 11 | 4 | 0 |
| 5★ | 10 | 5 | 0 |
| All places | 186 | 54 | 16 |
This is the night whose median sits in the middle of the measured nights. The full list of that night's places, unnamed in this table, is on the town page.
Weekend step by star rating
Among 3★, 4★ and 5★ places in Reykjavik, the weekend step is widest at 4★: Friday and Saturday nights asked a median $245, +15% against $212 on Monday to Thursday nights.
| Stars | Friday + Saturday | Monday – Thursday | Difference | Nights measured |
|---|---|---|---|---|
| 2★ | $179 | $160 | +12% | 20 + 36 |
| 2.5★ | $240 | $212 | +13% | 21 + 39 |
| 3★ | $168 | $155 | +9% | 21 + 40 |
| 3.5★ | $257 | $235 | +9% | 21 + 40 |
| 4★ | $245 | $212 | +15% | 21 + 40 |
| 4.5★ | $314 | $302 | +4% | 21 + 40 |
| 5★ | $364 | $345 | +6% | 21 + 40 |
Each night's figure is that star rating's median; Sunday nights sit in neither group.
What was measured
Nights measured in Reykjavik: 71, from 13 November 2026 to 22 January 2027; each with at least 30 places showing a price.
- Up to 208 places checked per night; a place with no price that night (sold out or closed) carries no price.
- A star rating is shown when 3 or more of its places had a price on at least 15 nights; star-rated places priced: 273, without a star rating: 11.
- Prices in USD, as shown on the day each night was read, on 25 October 2026.
- Asking prices seen while searching for one night: 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 →