Planning a road trip in Iceland is an adventure of a lifetime, with stunning landscapes, waterfalls, volcanoes, and the famous Northern Lights. But before you hit the open road, there’s one important aspect you need to consider: cost of gas in Iceland.
Knowing what to expect at the pump can make or break your travel budget, especially in a country known for its high living costs. Understanding gas prices and how to manage fuel expenses is crucial for anyone planning to explore Iceland by car. Plus, focusing on fuel efficiency can help you save money and make your journey smoother and more enjoyable.
Overview of Gas Prices in Iceland
Gasoline prices in Iceland are among the highest in Europe, which can come as a surprise to many tourists. As of 2024, the average price of gasoline in Iceland hovers around 300 ISK per liter (about $2.10 USD per liter or $7.95 USD per gallon). These high prices are influenced by several factors, including Iceland’s remote location, which makes importing fuel expensive. Additionally, taxes on fuel are quite high, contributing to the overall cost.
Compared to other European countries, Iceland’s gas prices are on the higher end. For instance, in neighboring Norway, which also has high gas prices due to taxes and environmental policies, fuel prices are somewhat comparable. In contrast, countries like Germany and France have slightly lower prices. It’s essential to keep this in mind when planning your budget for a road trip in Iceland, as fuel will be a significant expense.
Where to Find Gas Stations in Iceland
Gas stations in Iceland are generally well-distributed, especially along the popular Ring Road (Route 1), which circles the entire island. Major towns and cities, including Reykjavik and Akureyri, have plenty of gas stations, making refueling easy in these areas. However, when you venture into more remote parts of the country, such as the Westfjords or the Highlands, gas stations become sparse. In these regions, it’s crucial to plan your fuel stops carefully to avoid running out of gas in the middle of nowhere.
Most gas stations in Iceland are self-service, and you’ll often find them near grocery stores or in town centers. While driving the Ring Road, you can expect a gas station approximately every 100-150 kilometers. But if you’re exploring less-traveled paths, always make it a habit to fill up whenever you spot a station.
Tips for Saving on Gas Costs
Given the high cost of gasoline, maximizing your fuel efficiency can save you a lot of money on your road trip. Here are some practical tips:
- Drive Smart: Avoid rapid acceleration and heavy braking, as these behaviors increase fuel consumption. Try to maintain a steady speed, and use cruise control on highways when possible.
- Use Gas Station Membership Cards: Some gas station chains in Iceland offer membership cards that provide discounts on fuel prices. For example, N1 and Orkan offer loyalty programs where you can accumulate points or get discounts per liter.
- Optimize Your Car’s Condition: Keeping your tires properly inflated and ensuring your vehicle is well-maintained can significantly improve fuel efficiency. An underinflated tire creates more resistance, leading to higher fuel consumption.
- Drive at Optimal Speeds: Speed limits in Iceland are generally 90 km/h (56 mph) on paved roads and 80 km/h (50 mph) on gravel roads. Sticking to these limits not only keeps you safe but also optimizes your vehicle’s fuel consumption.
Practical Advice for Tourists
Refueling Tips:
- Payment Options: Most gas stations in Iceland are self-service and accept credit and debit cards. However, make sure your card has a PIN, as some pumps require it. Cash is also an option, but less common.
- Using Self-Service Pumps: Self-service is standard in Iceland. Instructions are typically available in English, so just follow the prompts on the screen. Be sure to select the correct fuel type for your vehicle. Most rental cars in Iceland use unleaded gasoline, so double-check the fuel type before refueling.
Checking Gas Prices and Planning Refueling Stops:
- Gas Price Apps: To find the best prices, use apps like “Gasvaktin” or visit websites that track gas prices in Iceland. These tools are handy for locating the cheapest fuel stations along your route.
- Planning Stops: If you’re exploring the Ring Road or remote areas, plan your refueling stops ahead of time. Gas stations can be sparse, particularly in the Westfjords or the Highlands, so it’s crucial to fill up whenever you can to avoid running out of gas.
Budgeting for Gas as Part of Trip Expenses:
- Estimate Fuel Costs: Before hitting the road, calculate your expected fuel costs based on your route and the average gasoline price. This helps you set a realistic budget and avoid any surprises during your journey.
- Fuel Efficiency Matters: Renting a fuel-efficient vehicle can significantly reduce your gas expenses. Compact cars or hybrids, like the Toyota Yaris, are great for their fuel efficiency and ease of handling on Icelandic roads. If you’re planning to explore rugged terrain, consider a fuel-efficient 4×4 like the Dacia Duster, which balances capability with reasonable fuel consumption.
- Avoid Unnecessary Weight: The heavier your car, the more fuel it consumes. Pack light and only bring what you need for your trip to save on gas.
Choosing the Right Vehicle:
- Compact Cars: For general touring and city driving, compact cars offer excellent fuel economy and are easy to park and maneuver.
- Small SUVs: Ideal for the Ring Road or paved paths, small SUVs provide good fuel efficiency while offering more space and comfort.
- Fuel-Efficient 4x4s: If your adventure takes you into the Highlands or other remote areas, a fuel-efficient 4×4 vehicle is recommended. It provides the rugged capability needed for rough terrain without excessive fuel consumption.
Conclusion
Understanding gas prices in Iceland and how to manage your fuel expenses can make a big difference in your travel budget. By being prepared, planning your refueling stops, and choosing the right vehicle, you can enjoy a budget-friendly and hassle-free road trip.
Remember, renting a car from Hertz Iceland gives you the flexibility to explore this beautiful country at your own pace while keeping your costs in check. So, gear up, plan wisely, and set off on an unforgettable Icelandic adventure!
