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4 Days in Iceland: A Complete Itinerary to Save Time & Money

Updated: Nov 1

Iceland, an island in the middle of the Atlantic Ocean, is home to less than 400,000 residents. And beautiful snow and glaciers. And an epic site for the Northern Lights. And the Blue Lagoon. Whether you are chasing waterfalls, soaking in a geothermal spa or hoping to see the Aurora Borealis, Iceland offers some amazing adventure. Here's how to spend 4 days in Iceland, while saving money on food and activities.

4 days in Iceland

4 Day Itinerary to Iceland in Winter

After doing our research and discovering that the Keflavik international airport was almost 45 minutes from Reykjavik and bus transfers were at least $30 per person, we decided it was more economical to rent a car. This was an easy way to keep in our budget and save money in Iceland. We found the best deals on RentalCars.com. While we were there in December (and landed in a snow storm), the country does a great job of salting and scraping the roads. I am not used to snow driving but felt confident to drive given our snow tires and the road conditions. But please be aware of icy roads and make sure to check current conditions before driving. If you do choose to drive in Reykjavik, I would also recommend downloading the Parka app for parking. It makes it easier to pay for spots and can be downloaded for free. If you plan to go into northern Iceland or the ring road, you are required to rent SUVs with specialty tires and equipment.



Our main goal when visiting Iceland was to maximize our chances of seeing the Northern Lights. Best bets for viewing are between August and March, but the longer the night sky, the better the odds. However, winter snow flurries mean the cloud cover will impede views as well. So while winter is the best season, the odds are still not in your favor. However, we decided to try for the best and were rewarded on our first night in Iceland!


These ideas are geared toward the winter season, but Iceland offers many other activities during the summer months when the sun is long.


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See the Northern Lights & Golden Circle

You can book a separate tour, but to save money, we found it better to group this excursion with a day tour of the Golden Circle. This Viator tour is a group bus tour that offers hotel pick up. The Golden Circle includes the most active geyser in Iceland, the Strokkur geyser at the Geysir geothermal field. Roam Thingvellir National Park to see ancient geological formations and the old Althing parliament site. Lastly, visit the Gullfoss Waterfall, which is part of the glacial river Hvítá and falls into a 62-metre (203 ft.) deep canyon.




You could also decide to chase the Aurelia Borealis on the water. Get Your Guide is a great resource to find tours and activities abroad.




Blue Lagoon

The geothermal spa is a perfect getaway. You can spend the day relaxing in the pools with drinks and a face mask. The Blue Lagoon is about 45 minutes outside of Reykjavik, so a rental car or transfers are required. Make sure you book your timed reservation well in advance.

blug lagoon

Glacier Hike

Where else can you easily do a glacier hike? Take a day tour out to Sólheimajökull Glacier from Reykjavik with Troll Expeditions. This tour includes a full day of sights, including two waterfalls (Skógafoss and Seljalandson) and the famous black sand beach (Reynisfjara Beach). The glacier was amazing in early January with a recent snowfall making the mountain just magical. We were given crampons (hallelujah!) to scale the icy path and ice picks/harnesses (more for the show). It was truly a winter wonderland and our time was almost solidary given the weather conditions.




Explore Reykjavik

The city is quite beautiful and worth spending at least an afternoon wandering Rainbow Street and taking a tower view of the city from Hallgrimskirkja. This uniquely designed Lutheran church has the largest organ in the country and is one of the tallest buildings in Iceland. It’s free to enter, but you can purchase tickets inside for further entry to the tower (via elevator). This provides sweeping views of the city and mountains surrounding it.



Walk along the water and see the Sun Voyager, a quirky sculpture of a Viking ship. Not life changing, but a pretty view along the water.


Sun Voyager, a quirky sculpture of a Viking boat


Best Eats in Reykjavik

Cheap eats in Iceland are hard to come by, but the Sea Baron (Sægreifinn) is a must-try for their lobster soup and whale. Sit on a barrel downstairs and admire the restaurant’s history on the walls.


Another find for cheaper eats is Reykjavik Fish Restaurant for fish ‘n chips and their traditional “plokkari” fish stew. We were actually trying to find 101 Reykjavik Street Food, which is also known for the same dishes and happens to be next door. Take your pick! Or try them both!


There are cafes everywhere, but this little neighborhood bakery was a nice reprieve from the downtown tourism and a quiet place to recharge or do some work. Head to Kaffihús at the corner of Hofsvallagötu and Melhaga.


If you can’t make a decision on dining options, head to Pósthús Food Hall. Here you can choose from a gourmet taco, Korean or sushi dishes, burgers, pizza or more. Additional seating downstairs.


If you want to splurge a little, look no further than Apotek Kitchen + Bar. Apotek means pharmacy in Icelandic and this restaurant is nothing short of a food apothecary. The duck & waffle, cauliflower two ways and lamb are just a few of the amazing dishes on offer. Be sure to save room for the uniquely plated, delicious desserts.


Maybe for some personal nostalgia, we also enjoyed afternoon cocktails in the Magic Ice Bar. Don a winter parka and gloves for a truly icy experience. There are a few competitors in the ice bar space, but Magic opened a location in Reykjavik in 2019 and offers several ice sculptures to photograph as you sip on a complimentary blue cocktail in an ice glass.


Last, but not least, check out Tapas Barinn off Rainbow Street. A place where Spanish tapas meet the freshest Icelandic ingredients. The cellar offers a lively atmosphere with a killer menu. Try the Icelandic foul or octopus, and make sure to start with their homemade chorizo charcuterie platter. We were amazed at how many delicious dishes came from such a small kitchen and prep area. Be prepared for a tasty treat!





Pro Tip for Traveling to Iceland

If you aren’t from a cold-weather city (maybe even if you are) and plan to travel to Iceland during the winter, make sure you rent appropriate gear. We used Iceland Cover, which was a one-stop shop for shoes, waterproof pants and parkas. Like my friend says, “There is no bad weather; only bad clothes.” So, plan ahead and reserve some gear to make your trip to Iceland warm and cozy! They even offer hotel delivery. I assure you it will make all the difference on those late-night Northern Lights tours.


Accommodation in Iceland

We stayed at the midtown Oddsson Hotel because they offered budget accommodations with breakfast for a triple twin room, which was perfect for our group. They have a sister location downtown that would be perfect for guest looking to minimize driving that offers many different room configurations. Regardless, I always recommend using Booking.com to search for your accommodation as they offer great rates and loyalty discounts.


This four-day itinerary to Iceland helps maximize your time and keep you on budget. Saving money on food and your excursions means you can enjoy your vacation and get ready sooner for the next one! With a rental car, you can even create a little Iceland road trip. Do you think 4 days in Iceland is enough?


 

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2 Comments

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Guest
Aug 26
Rated 5 out of 5 stars.

Looking forward to planning our trip! Thanks!

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Guest
May 10, 2023
Rated 5 out of 5 stars.

Great ways to save!

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