Is it cheaper to stay in a hostel than in a hotel in Reykjavik?

Low season	High season	Average price (weeknight)	Average price (weekend night)
December	May	$143	$175
Cheapest month to stay with an average 45% drop in price.	Most expensive month to stay with an average 77% rise in price.	Average Sun - Thu price over the last 2 weeks.	Average Fri & Sat price over the last 2 weeks.

If you want to ensure you grab a bargain, try to book at least 3 days before your stay to get the best price for a Reykjavik hostel.
Don’t know how much time you need to see all the sights? KAYAK users usually book their hostel in Reykjavik for 2 days.

Is it cheaper to stay in a hostel than in a hotel in Reykjavik?
The average price for a night in a hostel in Reykjavik is $93 compared to $458 for a night in a hotel.

What Reykjavik hostel guests are talking about

Show all

Everything you need to know for your stay in Reykjavik

Airport hotels

Complete your trip

Hotel themes

Landmarks

Neighbourhoods

Popular destinations

Stays

Hotels near airports in Reykjavik

Hotels near Reykjavik Keflavik Intl Airport

Hotels near Reykjavik Domestic Airport

Reykjavik hostel deals. Search for hostels in Reykjavik. Find cheap hostels in Reykjavik. KAYAK searches hundreds of travel sites to help you find cheap hostels and book the room that suits you best.

Not what you’re looking for? Find thousands of other hotels, flights, car hires and package deals with KAYAK.

Reykjavik hostels

KAYAK searches hundreds of travel sites at once for hostels in Reykjavik

Best Reykjavik hostels

Search by stars

Search by review score

Search by price

Search by freebies

Most recommended Reykjavik hostels

Reykjavik hostels near the city centre

KAYAK’s insights for hostels in Reykjavik

Discover seasonal trends, ideal booking windows, and other data-driven tips to plan your stay in Reykjavik with confidence.

Which month has the cheapest hostel rates in Reykjavik?

Hostels are cheapest in Reykjavik in December, with average rates of $132. In comparison, May is the most expensive month, with prices at $422.

What is the cheapest day of the week to book a hostel in Reykjavik?

Wednesday offers the lowest rates in Reykjavik, with an average nightly price of $142. The highest prices are found on Saturday, with average rates at $348.

How early should you book a hostel in Reykjavik?

Book at least 87 days before your stay begins to get the best price for your Reykjavik hostel.

How much is a Reykjavik hostel?

Good to know

Low season

High season

Average price (weeknight)

Average price (weekend night)

KAYAK's top tips for finding Reykjavik hostel deals

FAQs when booking a hostel in Reykjavik

Is it cheaper to stay in a hostel than in a hotel in Reykjavik?

Where to find the best hostels in Reykjavik?

What Reykjavik hostel guests are talking about

Popular topics

Hotels about topic

Everything you need to know for your stay in Reykjavik

Hotels near airports in Reykjavik

Complete your trip to Reykjavik

Popular hotel types in Reykjavik

Hotels near landmarks in Reykjavik

Hotels in popular neighbourhoods in Reykjavik

Other popular hotel destinations

Stays in Reykjavik