Iceland at a glance

traveling Iceland on a budget
  • LANGUAGE The official language in Iceland is Icelandic

  • CURRENCY The currency in Iceland is the Icelandic Króna (currency code ISK). One Euro/ US Dollar is equal to roughly 156-142 ISK

  • GEOGRAPHY With a territory of 102,775 square kilometers, Iceland is the 17th largest country in Europe. Iceland is an island country located at the junction of North and Arctic Ocean, it is closer to continental Europe than to North America, and even more closure to Greenland, yet it is considered a part of Europe because of culture, history, and political reasons.

  • ECONOMY & BUDGET Iceland is a developed country and one of the richest countries in the world. The average monthly income is 490,000 ISK per month (3.138 Euros), making Iceland a relatively expensive country to travel to. Backpackers can survive at around $65-75 per day, while mid-range travelers spend between $100 and $150 per day on average.

  • SAFETY Iceland is one of the world’s safest countries to live in due to its low crime rate and low risk to life. Iceland is also one of the safest countries to visit. The island is also one of the world’s most tolerant countries. It is still recommended to have Travel Insurance to visit Iceland, due to the number of outdoor activities and a road trip is the most popular way to explore the island of fire and ice.

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