Which place is cheaper, Lake Titicaca (Puno) or Reykjavik?
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 Reykjavik or Lake Titicaca (Puno)?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Reykjavik or Lake Titicaca (Puno), 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: Reykjavik or Lake Titicaca (Puno)?
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.
Lake Titicaca (Puno)
Lake Titicaca, which directly translates to "puma stone" in Quechua, is located high in the Andes Mountains straddling Peru and Bolivia, with about 60% of the lake in Peru and 40% in Bolivia. Among the lake are three main islands, the most popular of which are the Uros Islands, also known as the floating islands, where the Uros people live on totora reeds that grow in the lake.
For some great organized tour ideas, see The Best Budget Tours to Iceland, The Best Tours for Seniors to Iceland, The Best Photography Tours in Peru, and The Best Jungle Trekking Tours in Peru.
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Reykjavik Prices
Iceland PricesLake Titicaca (Puno) Prices
Peru Prices -
Average Daily Cost Per person, per dayReykjavik $307Lake Titicaca (Puno) $70
The average daily cost (per person) in Reykjavik is $307, while the average daily cost in Lake Titicaca (Puno) is $70. 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 Reykjavik and Lake Titicaca (Puno) in more detail.
Accommodation
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Accommodation Hotel or hostel for one personReykjavik $160Lake Titicaca (Puno) $28
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Accommodation Typical double-occupancy roomReykjavik $320Lake Titicaca (Puno) $56
Compare Hotels in Reykjavik and Lake Titicaca (Puno)
Looking for a hotel in Reykjavik or Lake Titicaca (Puno)? 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: Reykjavik Hotel Prices and Lake Titicaca (Puno) Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Reykjavik $52Lake Titicaca (Puno) $11
Hired Cars and Shuttles in Reykjavik
Also for Reykjavik, here are a few examples of actual transportation services:
- Iceland: Airport Transfers between Keflavík and Reykjavik Center: $31
- Airport Transfer in Iceland from Keflavik Airport to Reykjavik City one way: $31
- Airport Express Shared Departure transfer from Reykjavik City to Keflavik Airport: $31
- Iceland: Airport Transfers between Keflavik and Reykjavik Hotels: $40
- Airport Transfer in Iceland from Reykjavik City to Keflavik Airport with Hotel Pick Up: $42
- Private Transfers in Iceland: $45
- Private Transfer to Sky Lagoon from Reykjavik Keflavik: $49
- Blue Lagoon Return Bus Transfer from Reykjavik: $51
- Blue Lagoon Transfer from/to Keflavik International Airport: $58
- Reykjavik Airport (RKV) to Skálafell - Arrival Private Transfer: $62
- Skálafell to Reykjavik Airport (RKV) - Departure Private Transfer: $62
- Reykjavík/Keflavík–Blue Lagoon, Silica & Retreat Transfer: $67
Typical Local Transportation Prices in Lake Titicaca (Puno)
Below are a few samples from actual travelers for transportation costs in Lake Titicaca (Puno):
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Taxi$0.86
Hired Cars and Shuttles in Lake Titicaca (Puno)
Some specific examples of transportation prices in Lake Titicaca (Puno):
- Puno Arrival Transfer from bus or railway Station: $14
- Private transfer from Juliaca Airport to Puno or Viceversa: $47
- Private transfer airport-puno-viceverse: $60
- Private Transfer from Puno to Inca Manco Capac (JUL) Airport: $97
- Private Transfer from Puno to Frontera Kasani: $222
- Private Transfer from Puno to Desaguadero: $212
- Private Transfer from Puerto de Puno to Hotel Puno: $23
- Private Transfer from Juliaca Airport to Puno or Viceversa: $50
- Private Transfer from Juliaca Airport to Puno Plaza de Armas: $40
- Private Transfer from Inca Manco Capac (JUL) Airport to Puno: $97
- Private Transfer From Puno to Chivay, English Speaking Driver: $229
- Juliaca Airport Shared Transfer to/from Puno: $20
Is it cheaper to fly into Reykjavik or Lake Titicaca (Puno)?
Prices for flights to both Lake Titicaca (Puno) and Reykjavik 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 dayReykjavik $60Lake Titicaca (Puno) $28
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
Typical Food Prices in Lake Titicaca (Puno)
Some typical examples of dining costs in Lake Titicaca (Puno) are as follows:
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Tamales$1.58
Entertainment
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Entertainment Entrance tickets, shows, etc.Reykjavik $83Lake Titicaca (Puno) $31
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 Viking Roots to Modern Marvels Self Guided Walking Tour: $9.75
- Settlement and Egils Saga Exhibition Ticket: $30
- Northern Lights: Aurora Basecamp Observatory Guided Experience: $30
- Self-Guided Audio Driving Tour of the Snæfellsnes Peninsula: $32
- Saga Museum - Entrance ticket: $32
- Reykjanes Peninsula and Blue Lagoon Self-Guided Driving Tour: $34
- Reykjavik Escape Game Experience - Prison Break 1: $45
- Reykjavík Shared Tuk Tuk Tour: $50
- Walking tour of Reykjavik city: $51
- Lava Show Reykjavik Admission Ticket - Optional Premium Upgrade : $55
- Reykjavik Folklore Walking Tour: Meet the Elves, Trolls & Ghosts of Iceland: $55
- Classic Puffin Watching Cruise from Downtown Reykjavík: $60
Tours and Activities in Lake Titicaca (Puno)
Some specific costs of activities, tours, and entrance tickets for Lake Titicaca (Puno) are as follows:
- 2 Day Lake Titicaca Tour From Puno: $150
- 2 Day Tour to Uros, Amantani and Taquile from Puno: $69
- 2 Days and 1 Night Tour from Puno to Colca Canyon and Arequipa: $210
- 2 Days and One Night Tour on the Aymara Route and Churches in Juli: $90
- 2-Day Amantani Homestay Including Kayak Experience: $233
- 3-Hour Uros Floating Islands Tour from Puno: $13
- 3h Boat Tour to Uros Island from Puno: $40
- Aymara's route 1 day tour in Puno: Inca Uyo, Aramu Muru, Molloco: $90
- Chullpas de Sillustani Inca Cemetery Tour by Tourist Bus: $26
- Cultural Tour to Uros Floating Island: $60
- Full Day Guided Tour of the Aymara Route from Puno: $40
- Full Day Lake Titicaca Tour to Uros and Taquile Islands: $52
Alcohol
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Alcohol Drinks for one dayReykjavik $32Lake Titicaca (Puno) $14
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 Reykjavik and Lake Titicaca (Puno), we can see that Reykjavik is more expensive. And not only is Lake Titicaca (Puno) much less expensive, but it is actually a significantly cheaper destination. Since Reykjavik is in Europe and Lake Titicaca (Puno) is in South America, 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 Lake Titicaca (Puno) would let you spend less money overall. Or, you could decide to spend more money in Lake Titicaca (Puno) 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 Lake Titicaca (Puno).
If you're trying to decide if either of these two destinations are within your price range, also see Is Reykjavik Expensive? and Is Lake Titicaca (Puno) Expensive?.
Which is Bigger, Reykjavik or Lake Titicaca (Puno)?
Lake Titicaca (Puno) has a larger population, and is about 2% larger than the population of Reykjavik. When comparing the sizes of Reykjavik and Lake Titicaca (Puno), 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.
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.