The 13 Best Affordable Activities in Reykjavik

Discover the top free and budget-friendly activities in Reykjavik, including nighttime options. Reykjavik, the northernmost capital in the world, is known for its lively streets and rich culture set amidst stunning landscapes. Explore how to make the most of your budget while enjoying all that Reykjavik has to offer.

Many people are aware of the high costs of visiting Iceland, from accommodations to dining out. Iceland has a reputation for being a pricey destination.

However, with the right tips, you can find affordable hotels in Reykjavik and low-cost day tours from Reykjavik.

Reykjavik offers a wealth of free activities. Most of the inexpensive and no-cost options are concentrated in the capital. Despite its small size and population of fewer than 130,000, Reykjavik boasts a lively atmosphere with a youthful, artsy vibe, making it easy to find ways to save money while enjoying Icelandic creativity.

From scenic hikes to complimentary museums and other unique attractions, Reykjavik’s budget-friendly side often exceeds expectations for first-time visitors. Some of the city’s most memorable experiences are also among the most affordable.

Below are 13 practical and economical activities to enjoy in Reykjavik on a budget. Be sure to also explore the list of the top 10 things to do in Reykjavik.

13. Enjoy a Relaxing Swim in Iceland’s Geothermal Pools

Indulge in a rejuvenating experience by taking a dip in Iceland’s famous geothermal pools.

Swimming in Reykjavik

With an abundance of geothermal energy, Reykjavik offers the opportunity to swim outdoors throughout the year at affordable prices. Swimming is a vital part of Icelandic culture and a beloved pastime in Reykjavik. Remarkably, Iceland boasts the highest number of swimming pools per capita globally, a tradition that traces back to the Viking settlement era.

The Significance of Public Bathing

Today, public bathing holds more than just recreational value. The swimming pools in Reykjavik serve as communal hubs where Icelanders from all walks of life gather. Whether to socialize with friends, unwind after a long day, or recover from a lively night, these civic centers play a crucial role in Icelandic society.

12. Explore Mount Esja in Iceland

The iconic Mount Esja in Iceland stands at 2998 feet (914 meters) above sea level, dominating the landscape of the greater Reykjavik area with its volcanic origins consisting of basalt and tuff stone.

Folklore suggests that circling this mountain may prove never-ending, with a humorous anecdote shared by comedian and former Reykjavik mayor Jon Gnarr claiming he ended up in Akureyri while attempting it.

Mount Esja offers fantastic hiking opportunities free of charge and is conveniently reachable by bus or bicycle, making it a favorite activity near Reykjavik. The peaks, Thverfellshorn and Kerholakambur, provide stunning panoramic views of the Greater Reykjavik area.

11. Visit the Nautholsvik Beach

Welcome To Iceland’s Nautholsvik beach, situated southwest of Oskjuhlid hill, is a popular destination in Reykjavik and stands out as a unique geothermal beach experience.

The man-made lagoon at Nautholsvik is filled with hot water, creating a pleasant environment for swimming throughout the year, with temperatures ranging between 64 F to 68 F (18 C to 20 C). This beach is exceptional as it allows for swimming in the sea without the need for protective gear, making it a rare find in Iceland.

Reykjavik’s Beach Activities

Reykjavik’s beach provides a range of amenities for visitors, including sunbathing, swimming, volleyball, and various sea sports. Additionally, visitors can enjoy a steam bath and hot tubs on-site.

Admission Details

Entry to the beach is approximately 5.50 USD, with the option of purchasing a 10-entry pass for a discounted per-entry rate of around 3.50 USD. Please note that the beach’s opening hours are subject to seasonal variations.

Summer Season in Iceland (May 15 – August 15)

During the summer months in Iceland, which typically run from May 15 to August 15, the country experiences longer days with almost 24 hours of daylight. This phenomenon is known as the Midnight Sun, where the sun barely sets, providing ample time to explore the breathtaking landscapes of Iceland. The summer season is ideal for hiking, camping, and road trips around the country to witness stunning waterfalls, geysers, and volcanic landscapes in their full glory. It is also a popular time for outdoor activities such as whale watching, horseback riding, and glacier hiking, making it a perfect season for adventure seekers and nature enthusiasts. The summer weather in Iceland is milder compared to other seasons, with temperatures ranging from 10°C to 20°C, but it can be unpredictable, so it is essential to pack layers and be prepared for changing conditions. Welcome to Iceland during the summer months to experience the beauty of the land of fire and ice in all its splendor.

10. Experience Reykjavik’s Nightlife

Exploring the nightlife in Reykjavik may not come cheap, but it is undeniably one of the top attractions in the city after dark. Witnessing the crowds of partygoers from all walks of life celebrating on the usually serene streets of downtown Reykjavik on a Saturday night is a memorable and cost-free experience.

Exploring the Nightlife Scene in Iceland

When visiting Iceland, you’ll find that most clubs do not have an entry fee, allowing you to simply walk in and soak up the atmosphere. For those outgoing individuals, don’t hesitate to strike up a conversation with the locals and inquire about any after-parties, which play a significant role in Icelandic nightlife traditions.

It’s essential to note that the most enthusiastic partygoers in Iceland often partake in pre- and after-parties. If you’re fortunate enough to receive an invitation to one of these gatherings, consider it a privilege and a fantastic way to conclude your evening.

9. Sightseeing in the Greater Reykjavik Area

The unique landscapes of Modrudalur and the Lake Myvatn area in North Iceland were utilized to train astronauts for the Apollo 11 mission. Surprisingly, Reykjavik also boasts its own surreal landscapes that could easily mimic Martian terrain for future missions.

The Raudholar, or Red Hills, are conveniently located near central Reykjavik and can be reached by bus, car, or bicycle. These crimson remnants of pseudo-craters, dating back 5,200 years, form part of Reykjavik’s nature reserve Heidmork and are a popular retreat for locals seeking tranquility.

The Raudholar offer a perfect escape from the urban hustle, providing a peaceful haven just a short distance from Reykjavik’s busy streets.

8. Relax at the Botanical Garden

Hosting more than 3,000 plant species, the Reykjavik Botanical Garden is situated in Laugardalur Park and presents another cost-free option for tourists in Reykjavik. It is a perfect spot to unwind amidst lush green surroundings.

Established in 1961 for educational purposes, the garden is a favorite among the locals. Besides the diverse flora, visitors can enjoy a pond and observe various bird species. The on-site cafe operates from May to the end of August and offers dishes made with garden-fresh ingredients.

For English-speaking visitors, the botanical garden provides complimentary guided tours on Fridays during June, July, and August. These tours commence at 12:40 p.m. from the main entrance.

7. Explore Reykjavik on a Guided Walking Tour

Embark on a variety of Reykjavik walking tours led by local guides to immerse yourself in the city’s intricacies. These tours are budget-friendly, typically costing between $30-40, offering a glimpse into Reykjavik’s unique charm and hidden gems waiting to be discovered.

Exploring Austurvollur Public Square

Welcome To Iceland tours often begin at Austurvollur public square, located near Reykjavik’s city center, a popular hub in the city. The square is surrounded by various cafes, clubs, shops, and hotels, along with notable landmarks like the house of parliament (Althing) and the picturesque Domkirkjan church. At the heart of the square stands a statue honoring national hero Jon Sigurdsson. Notably, this square played a pivotal role during the protests of 2009 following the economic downturn.

Discovering Reykjavik’s Charm

An summer evening view of central Reykjavik’s pond, one of the best cheap things to do here.”>

Exploring Reykjavik

When in Reykjavik, consider taking a tour to Tjornin, a popular ice skating spot. Families can often be seen walking across the frozen pond when temperatures drop, and sometimes even cyclists venture out. After the tour, you can take a leisurely stroll to the south end of the pond, where the relaxing Hljomskalagardur garden awaits. This garden features lush vegetation, a children’s play area, and a small music house that occasionally hosts concerts. Two statues of note in the park are dedicated to sculptor Bertel Thorvaldsen and poet Jonas Hallgrimsson.

Discovering Old Reykjavik

Exploring the streets of Reykjavik, especially the older sections east and west of the pond, can be a delightful experience. Wander along the main streets like Laugavegur, Austurstraeti, and Skolavordustigur, where you might stumble upon intriguing street performances, particularly in the summer months. For a peaceful stroll, consider visiting the Vatnsmyrin wetland near the university, making sure to stick to the designated pathways to avoid disturbing the local wildlife.

Coastal Charms

Head west to the Aegissida shore in Reykjavik to enjoy the coastal views. Don’t miss the opportunity to visit the historic old Reykjavik Harbour and the picturesque Grotta island located at Seltjarnarnes. Take in the rich birdlife and admire the charming old lighthouse while keeping an eye out for the mesmerizing northern lights, as this location is one of the prime spots within Reykjavik to witness this natural wonder.

Perfect Spot for Northern Lights: Seltjarnarnes Peninsula

Situated at the tip of the Seltjarnarnes peninsula, this location offers optimal darkness for witnessing stunning displays of the aurora borealis from September to April.

6. Go Street Art Hunting

The street art culture in Reykjavik is extensive, with numerous buildings adorned with vibrant graffiti and artistic murals. Many locations have enlisted renowned artists, both local and international, to create striking graffiti murals. Popular spots to embark on your street art exploration include Bar Ananas, UglyBrothers, and Freddi Arcade.

5. Visit Hallgrimskirkja Church

Hallgrimskirkja church is Reykjavik’s most famous landmark and the sixth tallest structure in Iceland, towering at 245 feet (74.5 meters). The construction of this iconic monument began in 1945 and was finally completed 41 years later.

The design of the church was influenced by the basalt formations near the Svartifoss waterfall and was also intended to resemble Thor’s hammer. The renowned newspaper Politiken ranked it second in their list of the world’s most fascinating churches.

Enjoy Panoramic Views from Hallgrimskirkja Church

Experience stunning panoramic views of the Greater Reykjavik Area by visiting Hallgrimskirkja church. While entrance to the church is free, a small fee of approximately 6.90 USD is required to access the top of the tower via a lift. This iconic church welcomes visitors throughout the year, providing an opportunity to admire the breathtaking scenery from above.

4. Explore the Harpa Concert Hall in Iceland

Welcome To Iceland invites you to discover the architectural masterpiece known as the Harpa Concert Hall in Iceland. This iconic building, located in Reykjavik, showcases a stunning design that reflects the country’s unique landscapes and natural elements. With its striking glass facade inspired by the basalt columns found in Icelandic nature, the Harpa Concert Hall is a must-visit destination for both music enthusiasts and architecture lovers.

When you step inside the Harpa Concert Hall, you will be greeted by a world-class venue that hosts a variety of events, including concerts, performances, conferences, and exhibitions. The building’s interior is just as impressive as its exterior, with modern and stylish design elements that create a sophisticated and welcoming atmosphere for visitors.

Whether you attend a concert by the Icelandic Symphony Orchestra or explore the building during a guided tour, the Harpa Concert Hall offers a memorable experience that showcases Iceland’s vibrant cultural scene. Don’t miss the chance to admire this architectural gem and immerse yourself in the artistic spirit of Iceland during your visit.

Explore the Magnificent Harpa Concert Hall in Reykjavik

The stunning Harpa Concert Hall in Reykjavik, inaugurated in 2011, sits elegantly by the sea and was crafted by Olafur Eliasson, showcasing remarkable architecture.

This iconic venue serves as the home of both the Iceland Symphony Orchestra and the Icelandic Opera, welcoming visitors free of charge. Art aficionados can indulge in the various art exhibitions hosted within its walls at no cost. Ticket prices for concerts may vary depending on the event.

Furthermore, within the premises, guests can explore gift shops and a restaurant offering picturesque views where they can relax, savor a cup of coffee, or savor a delightful meal.

3. Explore a Complimentary Museum

Located next to the Hallgrimskirkja church, The Einar Jonsson Art Museum sculpture garden provides a picturesque spot for a picnic. Whether you’re by yourself or with friends, you’ll be surrounded by magnificent sculptures that represent Icelandic art history.

The building’s architecture is noteworthy, emerging from a sturdy base resembling a sculpture itself, often likened to a fortress. Although it combines various architectural styles and design concepts, pinpointing its exact style is challenging.

Entrance to the museum is free, and the garden is accessible 24/7 throughout the year.

2. Enjoy the Panoramic Views of Reykjavik

In addition to Hallgrimskirkja, which stands tall at 246 feet (75 meters) on Skolavorduhaed hill, Perlan on Oskjuhlid hill provides another splendid vantage point of Reykjavik and stands out as one of the city’s most recognizable landmarks.

This structure features a revolving glass dome constructed atop four tanks that store the city’s water reservoir. Oskjuhlid hill is a favored recreational spot with over 176,000 trees planted, offering pleasant biking and walking trails. Once a military site for the US during WWII, remnants of an old bunker add to the area’s historical charm, now transformed into a tranquil retreat.

1. Witness the Northern Lights or the Midnight Sun

Every night in Reykjavik offers the chance to witness a breathtaking natural display in the sky. Whether it’s the stunning colors created by the midnight sun or the enchanting aurora borealis dancing above, Iceland’s skies provide a mesmerizing free show.

The midnight sun, a natural wonder where the sun doesn’t set, typically occurs around the summer equinox on June 21. However, from early May to mid-August, the sun stays above the horizon, casting a warm and colorful light that creates stunning photo opportunities and hues in the sky that linger until morning.

Exploring Iceland in the Midnight Sun

This is the ideal time to discover Reykjavik and the surrounding areas of Iceland, as you will have the advantage of 24-hour daylight and ample sightseeing opportunities. Why not take the chance to visit the attractions of Reykjavik in the middle of the night without the usual crowds?

Exploring Reykjavik on a Budget

Welcome To Iceland hopes to assist you in discovering the top affordable activities to enjoy in Reykjavik and fully capitalize on your journey to Iceland.