Which place is cheaper, Reykjavik or Mumbai?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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Should you visit Mumbai or Reykjavik?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Mumbai or Reykjavik, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Mumbai or Reykjavik?
Mumbai
Mumbai is the largest city in India and the capital of Maharashtra state. It is still occasionally referred to as Bombay, but most people know it now as Mumbai. It's the commercial capital of the country and is a major port city. It's also famous for Bollywood, which is the movie capital of the country and famous for it's music filled Bollywood flicks that have become popular around the world. Mumbai is arguably the most cosmopolitan city in India and has some of the most liberal views of an otherwise conservative country. Many immigrants and expats live in Mumbai and it's easy to see the blend of cultures.
Reykjavik
Reykjavik is the capital and largest city in the country of Iceland. The city is where the vast majority of the country's population resides and the urban area has about 200,000 residents. The city is sprawling, with a large area covered in suburbs. The the city center is quite compact, with many interesting and colorful houses. There are a lot of things that attract tourists to this city, including an interesting culture and history as well as plenty of shopping and dining opportunities.
For some great organized tour ideas, see The Best 2-Week Tours from Mumbai, The Best Family-Friendly Tours to India, The Best Budget Tours to Iceland, and The Best Tours for Seniors to Iceland.
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Mumbai Prices
India PricesReykjavik Prices
Iceland Prices -
Average Daily Cost Per person, per dayMumbai $83Reykjavik $307
The average daily cost (per person) in Mumbai is $83, while the average daily cost in Reykjavik is $307. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Mumbai and Reykjavik in more detail.
Accommodation
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Accommodation Hotel or hostel for one personMumbai $32Reykjavik $160
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Accommodation Typical double-occupancy roomMumbai $64Reykjavik $320
Compare Hotels in Mumbai and Reykjavik
Looking for a hotel in Mumbai or Reykjavik? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Mumbai Hotel Prices and Reykjavik Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Mumbai $7.37Reykjavik $52
Hired Cars and Shuttles in Mumbai
Also for Mumbai, here are a few examples of actual transportation services:
- Transfer to & fro Airports,Cruise Terminal,Hotels or any whichway, one way/time: $69
- Transfer from Mumbai Airport to Hotel: $55
- Private Transfer: Mumbai Airport to Hotel: $35
- Private Transfer from Mumbai to your Accommodation in Pune: $24
- Private Transfer from Mumbai hotels to Mumbai Cruise Port: $168
- Private Transfer from Mumbai Int Airport (BOM) to Mumbai Port: $162
- Private Transfer from Mumbai Cruise Port to Mumbai Hotels: $81
- Private Transfer from Mumbai Cruise Port to Mumbai Hotels: $168
- Private Transfer from Mumbai Cruise Port to Mumbai Airport (BOM): $62
- Private Transfer Mumbai Airport by Innova Crysta: $25
- One way Private transfer from Mumbai Airport to Hotel: $39
- Mumbai Private Airport Transfer to Hotel Easy & Safe: $24
Hired Cars and Shuttles in Reykjavik
Also for Reykjavik, here are a few examples of actual transportation services:
- Private Airport Transfer between KEF Airport & Reykjavik: $279
- Private Transfer from Cruise Ship Port to Keflavik Int. Airport : $270
- Private Keflavik Airport Transfer (One Way): $270
- Private Roundtrip Transfer between Blue Lagoon and Reykjavik: $267
- Private Blue Lagoon Transfer in Iceland: $265
- Keflavik Airport Premium Transfer to/from Reykjavik: $260
- Keflavik Airport (KEF) to Skarfabakki Cruise Port - Round-Trip Private Transfer: $242
- Private Transfer from Reykjavik Hotels to Keflavik Airport: $240
- Private Luxury Transfer from Blue Lagoon to Reykjavik: $228
- Private Luxury Transfer from Reykjavik to Blue Lagoon: $228
- Private Airport Transfer from Reykjavik to Keflavik Int. Airport: $225
- Keflavik Airport (KEF) to Reykjavik hotel /address - Round-Trip Private Transfer: $223
Is it cheaper to fly into Mumbai or Reykjavik?
Prices for flights to both Reykjavik and Mumbai change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
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Food Meals for one dayMumbai $42Reykjavik $60
Food Tours and Cooking Classes in Mumbai
For Mumbai, here are some samples of tours and activities related to meals and dining experiences:
- Private Street Food Tour with Mumbai Sightseeing Tour including AC vehicles: $19
- Vegetarian Indian Cuisine Virtual Cooking Class Experience from Mumbai: $20
- Mumbai Food Tour: $20
- Small Group Authentic Mumbai Virtual Cooking Class with Dessert: $20
- Mumbai Street Food Tour with Evening Bazaar Walk: $29
- Indian cusine demonstration cum hands on with Hi Tea / Dinner at a Family home: $31
- Bombay Express Mumbai Food Tour with 15+ Tastings: $39
- Mumbai Street Food Tour: $42
- Daily Mumbai Street Food Tour : $52
- Private Mumbai Market Tour and Cooking Class With an Expert: $52
- Private Vegetarian Indian Cooking Class in Mumbai: $53
- Private Market Tour and Vegetarian Cooking Class in Mumbai: $64
Typical Food Prices in Reykjavik
For Reykjavik, here are some examples of average food and meal prices for travelers:
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Dinner (Fish Market)$204
Food Tours and Cooking Classes in Reykjavik
For Reykjavik, here are some samples of tours and activities related to meals and dining experiences:
- Weekend Reykjavik Food Tour with a stop at the Reykjavik Flea Market: $143
- The Reykjavik Harbor Food Tour: $145
- 3 Hour Shared Christmas Food Tour with Guide in Reykjavik: $149
- Private Vegetarian Reykjavik Food Tour: $195
- Private Reykjavik Christmas Food Tour: $215
Entertainment
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Entertainment Entrance tickets, shows, etc.Mumbai $2.52Reykjavik $83
Tours and Activities in Mumbai
Also, here are some specific examples of entertainment, tickets, and activities for Mumbai.
- Dharavi Authentic Slum Tour: $120
- Kanheri Caves Heritage Tour: $45
- Mumbai by Night Guided Tour : $50
- Private Full-Day Mumbai Sightseeing Tour with Dharavi Slums: $41
- "Private Mumbai City Sightseeing Tour": $46
- "Private Mumbai Dharavi Slum Tour": $9.24
- "Private Mumbai Kanheri Caves Tour : A Buddhist Settlement": $46
- 3 Day Private Tour in Aurangabad: $290
- 3 Hours Early Morning in South Mumbai Heritage Bicycle Tour : $46
- 3-Hour Private Guided Tour in Bollywood from Mumbai: $226
- 7 Hour Mumbai City Sightseeing Tour By Navv Om Namaha Shivaya: $116
- All In One Combo Tour of Mumbai City, Dabbawalas, Dhobhi Ghat, Slums & Bollywood: $150
Typical Entertainment Prices in Reykjavik
Below are a few sample prices from actual travelers for Reykjavik's activities, tours, and tickets:
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Art Museum$12
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Wine and Spa$34
Tours and Activities in Reykjavik
For Reykjavik, here are a few prices for actual activities, tours, and tickets provided by various companies:
- Reykjavik Christmas Walking Tour: $89
- Small-Group Tour: Northern Lights with Photos & Hot Chocolate: $138
- Winter South Coast Day Tour by Minibus from Reykjavik: $180
- 1 Hour ATV Quad Tour : Pick up from Reykjavik (2 persons per ATV): $131
- 1 hour Buggy adventure - From Reykjavik: $219
- 1-Hour Small Group Sightseeing Boat Tour in Vestmannaeyjar: $151
- 9pm Whale Watching Cruise in the Arctic Sun: $99
- ATV - QUAD Adventure: $191
- ATV Reykjavik Adventure: $165
- Adventure in Landmannalaugar and Hot Springs - Reykjavík & Hella: $215
- Aurora by Boat Reykjavik Adventure: $93
- Black Beach ATV - QUAD Tour: $132
Alcohol
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Alcohol Drinks for one dayMumbai $3.50Reykjavik $32
Sample the Local Flavors in Mumbai
Some specific costs for nightlife related activities in Mumbai:
- Bombay Party (Bar Crawl): $25
- South Bombay Pub Crawl: $37
Typical Alcohol Prices in Reykjavik
Some typical examples of the costs for nightlife and alcohol in Reykjavik are as follows:
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Beer$10
Sample the Local Flavors in Reykjavik
Some specific costs for nightlife related activities in Reykjavik:
- Gin Distillery tour and tasting with Master Distiller: $35
- Flóki Whisky Distillery Tour & Tasting in Reykjavík: $49
When we compare the travel costs of actual travelers between Mumbai and Reykjavik, we can see that Reykjavik is more expensive. And not only is Mumbai much less expensive, but it is actually a significantly cheaper destination. Since Mumbai is in Asia and Reykjavik is in Europe, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Mumbai would let you spend less money overall. Or, you could decide to spend more money in Mumbai and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Reykjavik would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Reykjavik than you might in Mumbai.
If you're trying to decide if either of these two destinations are within your price range, also see Is Mumbai Expensive? and Is Reykjavik Expensive?.
Which is Bigger, Mumbai or Reykjavik?
Mumbai has a larger population, and is about 110 times larger than the population of Reykjavik. When comparing the sizes of Mumbai and Reykjavik, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
When is the best time to visit Mumbai or Reykjavik?
Reykjavik has a temperate climate with four distinct seasons, but Mumbai experiences a warm climate with fairly sunny weather most of the year.
Should I visit Mumbai or Reykjavik in the Summer?
The summer attracts plenty of travelers to both Mumbai and Reykjavik. Warm weather and sunshine bring visitors to Mumbai year-round. Also, the hiking and the family-friendly experiences are the main draw to Reykjavik this time of year.
Mumbai is much warmer than Reykjavik in the summer. The daily temperature in Mumbai averages around 28°C (82°F) in July, and Reykjavik fluctuates around 11°C (52°F).
Mumbai usually receives less sunshine than Reykjavik during summer. Mumbai gets 73 hours of sunny skies, while Reykjavik receives 171 hours of full sun in the summer.
Mumbai gets a good bit of rain this time of year. In July, Mumbai usually receives more rain than Reykjavik. Mumbai gets 640 mm (25.2 in) of rain, while Reykjavik receives 52 mm (2 in) of rain each month for the summer.
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Summer Average Temperatures JulyMumbai 28°C (82°F)Reykjavik 11°C (52°F)
Should I visit Mumbai or Reykjavik in the Autumn?
The autumn brings many poeple to Mumbai as well as Reykjavik. Mumbai attracts visitors year-round for its warm weather and sunny climate. Also, many travelers come to Reykjavik for the hiking trails, the shopping scene, and the natural beauty of the area.
Be prepared for some very cold days in Reykjavik. In the autumn, Mumbai is much warmer than Reykjavik. Typically, the autumn temperatures in Mumbai in October average around 29°C (84°F), and Reykjavik averages at about 5°C (41°F).
People are often attracted to the plentiful sunshine in Mumbai this time of the year. In the autumn, Mumbai often gets more sunshine than Reykjavik. Mumbai gets 240 hours of sunny skies this time of year, while Reykjavik receives 83 hours of full sun.
Mumbai usually gets around the same amount of rain in October as Reykjavik. Mumbai gets 90 mm (3.5 in) of rain, while Reykjavik receives 86 mm (3.4 in) of rain this time of the year.
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Autumn Average Temperatures OctoberMumbai 29°C (84°F)Reykjavik 5°C (41°F)
Should I visit Mumbai or Reykjavik in the Winter?
Both Reykjavik and Mumbai are popular destinations to visit in the winter with plenty of activities. The warm climate attracts visitors to Mumbai throughout the year. Also, many visitors come to Reykjavik in the winter for the shopping scene and the cuisine.
Reykjavik can get quite cold in the winter. In January, Mumbai is generally much warmer than Reykjavik. Daily temperatures in Mumbai average around 24°C (75°F), and Reykjavik fluctuates around -0°C (32°F).
The sun comes out a lot this time of the year in Mumbai. Mumbai usually receives more sunshine than Reykjavik during winter. Mumbai gets 270 hours of sunny skies, while Reykjavik receives 27 hours of full sun in the winter.
In January, Mumbai usually receives less rain than Reykjavik. Mumbai gets 10 mm (0.4 in) of rain, while Reykjavik receives 76 mm (3 in) of rain each month for the winter.
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Winter Average Temperatures JanuaryMumbai 24°C (75°F)Reykjavik -0°C (32°F)
Should I visit Mumbai or Reykjavik in the Spring?
Both Reykjavik and Mumbai during the spring are popular places to visit. Plenty of visitors come to Mumbai because of the warm climate and sunshine that lasts throughout the year. Furthermore, most visitors come to Reykjavik for the natural beauty during these months.
Reykjavik can be very cold during spring. Mumbai is much warmer than Reykjavik in the spring. The daily temperature in Mumbai averages around 29°C (84°F) in April, and Reykjavik fluctuates around 3°C (38°F).
It's quite sunny in Mumbai. In the spring, Mumbai often gets more sunshine than Reykjavik. Mumbai gets 284 hours of sunny skies this time of year, while Reykjavik receives 140 hours of full sun.
Mumbai usually gets less rain in April than Reykjavik. Mumbai gets 10 mm (0.4 in) of rain, while Reykjavik receives 58 mm (2.3 in) of rain this time of the year.
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Spring Average Temperatures AprilMumbai 29°C (84°F)Reykjavik 3°C (38°F)
Typical Weather for Reykjavik and Mumbai
| Mumbai | Reykjavik | |||
|---|---|---|---|---|
| Temp (°C) | Rain (mm) | Temp (°C) | Rain (mm) | |
| Jan | 24°C (75°F) | 10 mm (0.4 in) | -0°C (32°F) | 76 mm (3 in) |
| Feb | 25°C (77°F) | 10 mm (0.4 in) | 1°C (33°F) | 72 mm (2.8 in) |
| Mar | 27°C (81°F) | 10 mm (0.4 in) | 1°C (34°F) | 82 mm (3.2 in) |
| Apr | 29°C (84°F) | 10 mm (0.4 in) | 3°C (38°F) | 58 mm (2.3 in) |
| May | 30°C (86°F) | 10 mm (0.4 in) | 7°C (44°F) | 44 mm (1.7 in) |
| Jun | 29°C (84°F) | 560 mm (22 in) | 10°C (49°F) | 50 mm (2 in) |
| Jul | 28°C (82°F) | 640 mm (25.2 in) | 11°C (52°F) | 52 mm (2 in) |
| Aug | 28°C (82°F) | 520 mm (20.5 in) | 11°C (52°F) | 62 mm (2.4 in) |
| Sep | 28°C (82°F) | 320 mm (12.6 in) | 8°C (46°F) | 67 mm (2.6 in) |
| Oct | 29°C (84°F) | 90 mm (3.5 in) | 5°C (41°F) | 86 mm (3.4 in) |
| Nov | 28°C (82°F) | 20 mm (0.8 in) | 1°C (35°F) | 73 mm (2.9 in) |
| Dec | 26°C (79°F) | 10 mm (0.4 in) | 0°C (32°F) | 79 mm (3.1 in) |
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.