Tips to travel Iceland on a budget, plus travel expert-approved gear

Where to get local deals, take a dip in a hot spring and more.

ByKelly McCarthy, Cameron Harrison, and Faryn Shiro via GMA logo
May 1, 2024, 7:48 AM

Need some summer vacation ideas that won't break the bank? "Good Morning America" is off to Iceland and packing expert tips to help create the perfect travel bucket list on a budget.

From free dips in hot springs to the stunning Seljalandsfoss waterfall, ABC News' Ashan Singh explored the Nordic island nation and shared the top ways to enjoy every stop of the trip without overspending.

Tourists walk around Seljalandsfoss waterfall, Aug. 12, 2021, near Storidalur, Iceland.
Sean Gallup/Getty Images

"Iceland is a tremendous deal from the Boston area in particular -- flights are only about five hours in each direction -- you could take just a long weekend there and still get an action-packed trip," Eric Rosen director of travel content for The Points Guy, told "GMA."

TPG has seen deals for as low as $400 and for travelers who don't care where they're seated on the plane, some fares drop as low as $230.

When it comes to hotels, Rosen offered another simple tip, spend now on credit cards from brands like Hilton or Marriott that, once the spending threshold is reached, offer large bonus points.

"Hilton cards for instance, offer anywhere from 130 to 180,000 points typically as part of their bonus," he said. "And that's going to be good enough for two maybe even three nights at some of these hotels in Reykjavik. And that could be your whole trip right there."

Travel experts share tips to save on summer travel
ABC News Photo Illustration

Iceland activities on a budget

ABC News' Ashan Singh used the Reykjavík City Card to tour Iceland on a budget.
ABC News

Get a taste of the city's culture with the Reykjavík City Card, which gives visitors access to multiple museums, art galleries, pools and even bus transportation for free.

ABC News' Ashan Singh takes a hike in Iceland.
ABC News

Enjoy going home with a fashionable souvenir? Local knits are quintessentially Iceland, but with handmade sweaters priced up to $500, Singh sought out second hand store, Extraloppan to score a sweater as low as $50.

ABC News' Ashan Singh purchases a traditional Icelandic sweater from a second hand clothing store.
ABC News

Rent a car. Singh found deals for as low as $86 a day.

Save on a more extravagant meal by finding a deal through the Dineout Iceland app, which for a small fee offers discounts all over the land of fire and ice.

ABC News' Ashan Singh enjoys a roadside hot dog in Iceland.
ABC News

Looking for a cheap and quick local bite? Try a roadside hot dog for just $4.

Visit the free National Parks and take in sights like waterfalls and geysers, but Singh suggests skipping the Blue Lagoon, which can cost $350 for a family of four, instead opt for taking a dip in a local, free hot spring.

ABC News' Ashan Singh takes a dip in a hot spring while traveling Iceland on a budget.
ABC News

Expert recommended travel gear

REI

REI Co-op Trailmade Pants - Men's

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REI

REI Co-op Trailmade Pants - Women's

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  • REI
LL Bean

Men's Trail Model 4 Hiking Shoes

  • $109
  • LL Bean
LL Bean

Women's Trail Model 4 Hiking Shoes

  • $109
  • LL Bean
Amazon

Michael Josh Large Outdoor Picnic Blanket

  • $25
  • Amazon
Walmart

CeraVe Hydrating Face Mineral Sunscreen Lotion SPF 50 for All Skin Types, 2.5 fl oz

  • $13.97
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Amazon

Aveeno Kids Sensitive Skin Face & Body Gel Cream with Prebiotic Oat

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REI

Trailmade Rain Jacket - Men's

  • $69.95
  • REI
REI

Trailmade Rain Jacket - Women's

  • $69.95
  • REI
8% off
Amazon

EPICKA Universal Travel Adapter One International Wall Charger AC Plug Adaptor with 5.6A Smart Power and 3.0A USB Type-C for USA EU UK AUS (TA-105, Grey)

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44% off
Walmart

Action Camera 4K 20MP Sport Camera 40M Waterproof Underwater Camera Volg Video Camera WIFI Wide Angle Helmet Camera EIS Stabilization Dual Microphone

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  • $89.99
  • Walmart
37% off
Amazon

Anker Nano Power Bank with Built-in Foldable USB-C Connector

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  • $29.99
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Amazon

4Monster Camping Towels Super Absorbent

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Amazon

Vapur Flexible, Collapsible Wide Mouth Anti-Bottle with Detachable Carabiner

  • $8.99
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Carrhart

KNIT CUFFED BEANIE

  • $19.99
  • Carrhart
Amazon

THE NORTH FACE Apex Insulated Etip Glove - Men's

  • $39.18 to $41.51
  • Amazon
8% off
Amazon

Indoor Instant Privacy Bed Tent for Sleeping,Quick Set-up Bed Canopies,Portable Bed Drapes with Large Space and 3 Doors (Black, Twin)

  • $96.99
  • $105.99
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Amazon

Manta Sleep Mask - 100% Light Blocking Eye Mask, Zero Eye Pressure, Comfortable & Adjustable Sleeping Mask for Women Men, Perfect Blindfold for Sleep/Travel/Nap/Shift Work

  • $35
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Amazon

[Weighted Sleep Mask

  • $29.99
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Amazon

Lonely Planet Iceland (Travel Guide)

  • $21.90
  • Amazon