Which country is cheaper, the BVI or Iceland?
These are the overall average travel costs for the two destinations.
Should I visit Iceland or the BVI? This is a common question asked by many travelers. By figuring out which country has activities that align with your interests along with knowing which is more affordable, you'll understand where you can get more bang for your buck. So, let's dive into the details and the data, which all comes from actual travelers.
We'll start with a quick overview, and below we will go into all of the details.
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Iceland is a rugged, enchanting, and stunning country. The famous beauty of Iceland is one of the main draws. And you can't forget about the food, hiking, mountains, and museums.
Iceland, often dubbed the "Land of Fire and Ice," is a breathtaking country that captivates every traveler who sets foot on its otherworldly terrain. With landscapes dotted with volcanoes, geysers, hot springs, and lava fields, alongside massive glaciers and fjords that defy imagination, this Nordic island is a paradise for nature enthusiasts and adventure seekers alike. Visitors are drawn here to experience the surreal beauty of the Northern Lights, soak in geothermal lagoons, embark on thrilling hikes, and explore vibrant Reykjavik. Known for its commitment to eco-friendly tourism, Iceland provides an opportunity to connect with nature in its rawest and most pristine form.
The British Virgin Islands is a inviting, idyllic, and serene country. Many visitors also come to the BVI because of it's amazing beauty. Visitors also love the museums, wildlife, adventure travel, and national parks.
The British Virgin Islands (BVI) are a paradisiacal archipelago in the Caribbean, offering some of the most stunning seascapes, pristine beaches, and perfect sailing conditions in the world. This destination attracts visitors with its relaxed atmosphere, unique culture, and natural beauty. Whether you're lounging on the white sands of Virgin Gorda's The Baths, exploring coral reefs while snorkeling or diving, or sipping a cocktail on a sailing yacht, BVI provides an unmatched tropical escapade. Known for its friendly locals and safe, traveler-friendly environment, this destination is ideal for those looking to unwind in luxury or explore the diverse aquatic life of the Caribbean.
Below we will examine the differences and similarities between Iceland and the BVI. With this information, you can decide for yourself which place is better for your next trip.
Both The BVI and Iceland offer a variety of museums and places of interest, but Iceland generally has more to choose from.
Iceland offers many unique museums, sights, and landmarks that will make for a memorable trip. Reykjavik hosts some excellent museums that offer insights into Icelandic heritage and art. The National Museum of Iceland provides a detailed glimpse into the country's history from settlement to modern times. The Reykjavik Art Museum showcases contemporary Icelandic art. The Maritime Museum offers fascinating exhibits about the fishing industry and life at sea. These museums, among others in Reykjavik, provide compelling narratives and cultural education for visitors.
If you're looking for an educational opportunity, there are a decent number of museums and historical sights around The BVI. While there are few museums, the Virgin Islands Folk Museum on Tortola provides insight into local history and culture. Exhibits showcase artifacts from the Arawak and Carib tribes and the European colonial period. The museum experience is intimate, offering a personal glimpse into the islands' past. It's a valuable place for visitors interested in learning more about local history and culture. Limited museum offerings are supplemented by cultural festivals and sites around the islands.
Generally, The BVI offers a larger array of history, arts, and cutlure for travelers than Iceland.
The BVI is an extremely popular destination for those that want to visit historical and cultural sights and attractions, as it offers plenty. The cultural heritage can be explored through traditional music, dance, and festivals held throughout the year. Historical sites such as Fort Burt on Tortola offer a glimpse into the colonial past. Festivals showcase the vibrant culture, bringing together food, costumes, and local crafts. Observing the blend of traditions within local communities provides insight into the islands' unique identity. Although there aren't many large museums, smaller exhibits and sites depict regional history and culture.
Iceland offers multiple historical, cultural, and artistic sights and attractions for visitors. Iceland's rich history and culture are deeply entwined with its dramatic landscapes. The Saga Museum in Reykjavik and the Settlement Center in Borgarnes provide insights into Viking heritage. Explore Þingvellir National Park, a UNESCO World Heritage site, significant for its historic Althing assembly. The cultural influence of figures like Snorri Sturluson is visible in sites throughout the countryside. While the country is less dense in historical sites compared to Europe, its unique culture offers fascinating exploration opportunities.
Iceland is considered to have more larger cities than The BVI.
Iceland has some large cities, so you'll find plenty of things to do when visiting. Reykjavik, the capital and largest city, serves as the cultural and economic hub, offering visitors an array of activities. The city's vibrant arts scene, museums like the National Museum of Iceland, and architectural sites such as the Harpa Concert Hall are must-visit spots. However, outside of Reykjavik, the urban centers are relatively smaller, providing more localized experiences, yet they may not cater to typical "big city" expectations.
The BVI has some large cities to see.
Iceland is considered to have more smaller towns and villages than The BVI.
Iceland offers plenty of small towns along with charming sights and activities, too. The picturesque small towns scattered across the countryside provide charming escapes with a sense of authenticity. Seyðisfjörður, nestled in the East Fjords, boasts colorful wooden buildings and an artsy community vibe. Vik, known for its black sand beaches and basalt columns, offers a memorable small-town experience. Visitors can also enjoy the remote tranquility of places like Borgarfjörður Eystri, renowned for its hiking trails and puffin colonies.
With fun activities and sights in the variety of small towns, The BVI is a country worth visiting. The islands are dotted with small towns that provide a peaceful respite for travelers. Towns like Spanish Town on Virgin Gorda offer charming local markets and beautiful surroundings. These towns are perfect for visitors looking to experience authentic Caribbean life, with vibrant cultures and friendly locals. Boutique shops and small restaurants in these towns offer unique keepsakes and local flavor. Small marinas in towns like Trellis Bay provide a touch of quaint charm and are a gateway to other island adventures.
Both Iceland and The BVI offer great local cuisine and restaurants.
Iceland has a huge number of terrific restaurants. Icelandic cuisine offers a delightful mix of traditional and modern flavors. Seafood lovers will relish the fresh fish dishes, including cod and langoustine specialties available in restaurants and local markets. Reykjavik's dining scene is vibrant with options ranging from upscale dining to cozy cafes. Those looking to try local delicacies can indulge in Icelandic lamb and skyr, a popular dairy product. For adventurous eaters, fermented shark and sheep's head are traditional dishes that offer a taste of Icelandic heritage.
Dining out in The BVI is an experience not to be missed. Food lovers will delight in the delicious Caribbean cuisine available throughout the islands. Unique dishes often feature fresh seafood, conch, and tropical fruits, with places like Pusser's Landing or Cooper Island Beach Club offering memorable dining experiences. Spice lovers will enjoy the local curries and jerk dishes. Various upscale restaurants offer international cuisine paired with stunning ocean views. Dining is both an adventure and a pleasure, enhanced by beachside locations and fresh, local ingredients.
If the nightlife is your priority, you'll find great options in both Iceland and The BVI.
The nightlife in Iceland has something for everybody. Reykjavik's nightlife scene is lively and varied, with a range of bars, clubs, and venues to suit different tastes. The city's pubs often feature live music, and many spots stay open late, creating an appealing atmosphere for night owls. Live music thrives in the city, with venues hosting local and international artists. The nightlife is typically centered around the weekends, drawing both locals and visitors into the city's vibrant social scene.
The BVI offers plenty to do in the evening. While nightlife is more subdued than in other Caribbean destinations, there are still vibrant bars and beach parties to enjoy especially on Jost Van Dyke. Cane Garden Bay on Tortola is famous for beach bars with live music and dancing. Several resorts host evening entertainment, including local music and themed nights. The full moon parties, particularly at Trellis Bay, are lively events that attract both locals and tourists. The laid-back nightlife offers more intimate settings that encourage socializing and making new friends.
The BVI tends to offer a wider variety of resorts than Iceland.
For the ultimate resort vacation, The BVI is a great choice. Known for luxurious resorts with stunning views, many of these provide a private, all-inclusive experience for visitors. Areas such as Peter Island and Scrub Island are home to some of the most exclusive resorts that offer sumptuous amenities. Seamless service, beachfront locations, and exquisite dining cater to those seeking a tranquil escape. Many resorts provide spa services, yacht charters, and world-class cuisine to ensure guests have a memorable stay. The attention to detail and high-level service across the resorts make it an ideal destination for relaxation.
Vacationers can choose from a number of terrific resorts in Iceland. While not traditionally known for all-inclusive resorts, Iceland offers luxury accommodations that provide pampering experiences. The Retreat at Blue Lagoon offers exclusive spa services among breathtaking geothermal landscapes. In Reykjavik, boutique hotels offer high-end experiences with modern amenities. Additionally, countryside hotels and cabins present serene settings with views of glaciers or the Northern Lights for those seeking peaceful luxury.
Most people pick The BVI for its beaches over Iceland.
Travelers come from around the world to visit the beaches in The BVI. The beaches boast powdery white sands and are among the finest in the Caribbean. White Bay on Jost Van Dyke and Cane Garden Bay on Tortola are popular spots for both relaxation and watersports. Savannah Bay on Virgin Gorda offers seclusion and tranquility. Each beach has its unique charm from lively to serene, catering to diverse preferences. The stretch of beaches provides ideal conditions for sunbathing, swimming, and water activities like snorkeling.
The beach in Iceland is worth checking out. While known more for its dramatic coastlines than traditional beach experiences, Iceland has intriguing beaches worth exploring. The black sand beaches of Vik and Reynisfjara offer striking views and unique geologic formations like basalt columns. Djúpalónssandur on the Snæfellsnes Peninsula provides a memorable setting amid rugged cliffs. However, visitors should note that the beaches are not suited for swimming due to cold temperatures and strong currents.
Iceland provides a better hiking experience than The BVI.
People visit Iceland specifically for its hiking, as the natural beauty is well-known. The country's numerous hiking trails offer breathtaking views and diverse challenges, making it a hiker's paradise. The Laugavegur Trail, one of the most popular, features landscapes of geothermal areas, volcanoes, and valleys. The challenging Fimmvörðuháls between Skógar and Þórsmörk provides dramatic scenery with glaciers and mountains. For easier treks, the trails around Lake Mývatn offer volcanic landscapes and easy-to-navigate paths.
Reykjavik: The city offers easy access to some of the world's most spectacular scenery. There are many hikes that you can easily reach from town. They pass through diverse landscapes that include waterfalls, mountains, glaciers, and beaches.
Many people include a hike when visiting The BVI. A few hiking trails on the larger islands are nice for those that want to get out into nature. You'll find some beautiful views, high hills, and exotic scenery along the way.
Iceland often provides a better experience visiting national parks than The BVI.
The abundance of beautiful national parks in Iceland make it a world-class outdoor destination. The national parks are treasured destinations, each offering unique natural wonders. Thingvellir National Park, part of the Golden Circle, is rich in history and geological significance, being the site of the world's first parliament. Vatnajökull National Park, the largest in Europe, encompasses glaciers, volcanoes, and stunning waterfalls. Snæfellsjökull National Park offers impressive hiking trails and views of the Snæfellsjökull glacier, adding to the diverse attractions for nature enthusiasts.
Many visitors go to The BVI to see the national parks. The islands boast several national parks that provide lovely spots for outdoor exploration and marine life observation. The Baths National Park on Virgin Gorda is renowned for its unique rock formations and clear waters, perfect for swimming and snorkeling. Sage Mountain National Park on Tortola offers trails through a tropical rainforest, although it is not as developed as other hiking destinations. Rhone Marine Park provides spectacular dive spots around the RMS Rhone shipwreck, which is teeming with marine life.
Both Iceland and The BVI have great wildlife and wilderness areas to explore.
Iceland offers fun and exciting wildlife experiences and wilderness activities for visitors of all ages. The country provides excellent opportunities for wildlife viewing. Puffin colonies can be observed in places like the Westman Islands and the cliffs of Látrabjarg during the summer months. Whale watching tours operate from Reykjavik and Husavik, offering sightings of various whale species, including humpbacks and minke whales. Iceland's rich birdlife also attracts ornithologists and birdwatchers to its cliffs and shores.
The BVI is an extremely popular destination for those interested in wildlife and wilderness activities. Visitors can experience a variety of marine wildlife, particularly around the coral reefs which are home to colorful fish and sea turtles. Bird watching is popular, especially on uninhabited cays where exotic bird species thrive. Snorkeling and diving offer the chance to see sea life such as rays, dolphins, and various types of coral. While terrestrial wildlife is limited, the marine ecosystem is vibrant and an integral part of the local experience.
Overall, Iceland is considered to offer more adventure travel options and experiences to visitors.
The huge number of adventure travel experiences in Iceland is one of the main reasons travelers come to visit. Adventure travelers will find no shortage of adrenaline-pumping activities. The country's rugged terrain offers ideal conditions for glacier hikes, ice climbing, and snowmobiling. The numerous volcanos provide opportunities for exploration, while river rafting is popular in East Iceland. Adventure seekers can also experience the thrill of diving between tectonic plates at Silfra in Thingvellir National Park.
The BVI is an extremely popular destination for those interested in adventure travel. Adventure seekers will find plenty of exciting activities, from sailing and windsurfing to exploring underwater caves while diving. Kayaking through the islands offers stunning views and the chance to discover hidden beaches. The annual regattas and sailing festivals attract those passionate about sailing sports. The remote cays provide opportunities for off-the-beaten-path exploration aimed at those wishing for a more rugged experience.
Both Iceland and The BVI have some great outdoor areas to explore.
With world-famous outdoor activities, Iceland attracts many visitors interested in natural scenery, exploration, and adventure. Outdoor activities are abundant in Iceland, making it a haven for nature lovers. Hiking trails range from the famous Laugavegur Trail to coastal paths in the Westfjords. The opportunities for exploring glaciers, lava caves, and geothermal areas are almost endless. Fishing, horseback riding, and bird watching add to the diverse range of outdoor experiences available.
The huge number of outdoor activities in The BVI is one of the main reasons people come to visit. The outdoors offers endless opportunities for both relaxation and adventure. The beaches are perfect for swimming or sunbathing, while the crystal-clear waters invite snorkeling and diving enthusiasts. Inland trails such as those in Sage Mountain allow for exploration of tropical landscapes. The vibrant marine life and excellent sailing conditions attract adventurers from around the globe. Sunsets and stargazing on secluded beaches provide a serene outdoor experience.
Generally Iceland is better for road trips, as it offers more possibilities.
Iceland is often synonomous with road trips because of the open roads, beautiful landscapes, and room to explore. Iceland's Ring Road presents one of the most beautiful road trips in the world, circling the entire country and providing access to stunning landscapes. From glacial lagoons to volcanic craters, travelers can explore diverse ecosystems and small villages. The Westfjords region, although less traveled, offers dramatic fjords and remote roads for adventurous road trippers. East Fjords and the tranquil countryside add to the quintessential Icelandic road trip experience, with frequent opportunities to pause and appreciate the scenic beauty.
While not known specifically for raod trips, The BVI has still has a few good options. Although the islands themselves are small, road trips on Tortola offer beautiful scenic drives along the coast. The winding roads snake through lush hills providing stunning views of the sea and neighboring islands. Renting a car allows for exploration of hidden beaches and quiet local villages. While travel between islands requires ferries or small aircraft, a drive through Tortola can be rewarding. Given the island's compact size, it's more about the experience of discovery than covering large distances.
Kids will enjoy a visit to either Iceland or The BVI.
As it has a large number of activities for kids, Iceland is a very family-friendly destination. Iceland offers a myriad of engaging experiences for families. The Golden Circle is a popular route featuring geysers and waterfalls that young travelers will find fascinating. In Reykjavik, families can enjoy visits to the interactive Perlan Museum or relax in the Blue Lagoon. The country's geothermal pools are also a hit with kids, providing fun, natural hot tubs. Additionally, whale watching tours departing from Reykjavik or Husavik offer unforgettable marine wildlife encounters for children and adults alike.
The BVI is one of the most popular family destinations. Families visiting will find plenty of activities suitable for children of all ages. The beaches are clean and serene, making them perfect for a day of sandcastles and swimming. Virgin Gorda with its famous Baths offers unique rock formations for both exploration and swimming. Families can enjoy a variety of boat tours that include snorkeling and wildlife watching. Many resorts provide kid-friendly programs and amenities, ensuring a stress-free vacation for parents.
Couples will find a longer list of romantic activities in The BVI than Iceland.
The BVI makes for a terrific place to visit as a couple. This destination provides a romantic getaway for couples seeking secluded beaches and intimate resorts. From sailing the deep turquoise waters to enjoying sunset views at the top of Gorda Peak, romance is always in the air. Couples can enjoy a private dinner on the beach or a couples' spa day at one of the luxury resorts on Tortola or Virgin Gorda. Many islands offer private villas for an exclusive and personal experience. The breathtaking natural beauty and luxury options make it an ideal spot for honeymooners and anniversaries.
Iceland is a very popular place to visit for couples. Couples visiting will find plenty of romantic spots amidst the stunning natural landscapes. The secluded beaches and waterfalls on the southern coast offer intimate settings for picnics or shared moments. The charming town of Akureyri, with its picturesque fjords, provides a wonderful backdrop for romantic strolls. Enjoying the peacefulness of the geothermal Blue Lagoon spa or catching the Northern Lights dancing overhead during the winter months adds to the romantic allure of the country.
Iceland and The BVI both offer transportation to get you around.
Iceland has some very good public transit options. Public transportation around Iceland is relatively efficient, although most visitors prefer renting a car for flexibility. The Ring Road makes self-driving tours convenient for accessing different regions. In Reykjavik, the public bus system is reliable and user-friendly. Domestic flights and ferries provide additional options for reaching further destinations such as the Westfjords and East Fjords, ensuring travelers have various transportation choices.
Is it easy to travel around Iceland?
The transportation system in The BVI can get you almost everywhere very easily. Visitors can move comfortably between the islands thanks to the regular ferry services and charter flights. Fast ferries allow convenient access to neighboring islands such as Tortola and Virgin Gorda. Ease of transportation is enhanced by numerous boat rental options available for those wishing to sail or explore at their leisure. Although there are no large airports on the islands, smaller regional flights connect well with major Caribbean gateways. Road travel is possible and convenient on the larger islands with rental cars widely available.
Is it easy to travel around the British Virgin Islands?
Both Iceland and The BVI can feel quite modern and comfortable as they both have an established tourist infrastructure.
People often come to Iceland because it is such a comfortable and luxurious destination. Visitors will find excellent comfort options throughout the island, with numerous modern hotels and cozy guesthouses offering high levels of service. In Reykjavik, accommodations range from luxury hotels to stylish apartments, ensuring a comfortable stay. The country is well-equipped to cater to tourists, with reliable infrastructure, organized tour operators, and modern amenities readily available. Even in remote areas, travelers can enjoy comfortable lodgings with stunning views of glaciers and fjords.
The BVI is extremely comfortable for travelers as it is a modern destination with plenty of amenities. Accommodation and travel are smooth with a wide range of upscale resorts and well-maintained rental vacation homes. The infrastructure allows for comfortable travel between the islands with reliable ferry services. Ritzy resorts offer all the modern conveniences, while beaches and nature provide a luxurious retreat from city life. The islands offer high-end dining options, private boat tours, and world-class spas. Visitors can relax in comfort while enjoying the scenic beauty and cultural experiences.
The BVI generally has a more touristy vibe than Iceland.
Many of tourists come to The BVI every year, as it's an extremely popular destination. This is a popular destination for tourists, particularly during the peak winter months when visitors flock to escape colder climates. Spots like The Baths and Cane Garden Bay can get crowded during high season. The popularity of the islands is also due to the numerous festivals and sailing regattas. Visitors will find bustling ports with vibrant markets and plenty of tourist amenities in Road Town and Spanish Town. Despite its popularity, there are still plenty of hidden gems that remain less crowded.
Iceland is very touristy. The country has become a popular tourist destination, especially for its unique natural wonders like the Blue Lagoon, Golden Circle, and the Northern Lights. Reykjavik, as the capital and the most visited city, tends to have larger crowds, especially during peak travel seasons. The Ring Road, encircling the island, is a well-trodden path that sees many visitors stopping at major sites like Gullfoss waterfall and Thingvellir National Park. However, travelers can still find quieter spots by venturing off the beaten path in the Westfjords and the East Fjords.
For some great organized tour ideas, see The Best Family-Friendly Tours to Iceland, The Best Hiking & Trekking Tours in Iceland, The Best One Week (7-Day) Tours in Iceland, The Best 10-Day Tours in Iceland, Tours for Outdoor and Nature Lovers in Iceland, The Best Adventure Tours to Iceland, The Best Romantic Tours for Couples in Iceland, The Best Northern Lights Tours in Iceland, The Best Luxury Tours to Iceland, The Best Budget Tours to Iceland, The Best Tours for Seniors to Iceland, and The Best One-Week (7-Day) Tours from Reykjavik.
Both Iceland and the British Virgin Islands have a number of activities to choose from. In our opinion, Iceland has more to see and do, so we recommend that you spend more time in Iceland than the British Virgin Islands. However, 3-7 days is a good amount of time to spend in either destination.
Families should spend more time in Iceland than the British Virgin Islands. Because of the many family-friendly attractions and fun things to do for kids in Iceland, it's a great place to visit with the whole family.
Couples should spend more time in the British Virgin Islands than Iceland. You'll find plenty of romantic sights and fun activities in the British Virgin Islands that are perfect for a weekend getaway or a longer couple's trip.
Backpackers and budget travelers should spend more time in Iceland than the British Virgin Islands if your budget allows for it. With a larger number of budget-friendly sights, good nightlife, and active things to do, anyone traveling on a budget would have a good time in Iceland.
In Iceland, you'll find history and culture, skiing, and nightlife. The length of your trip often depends on your style of travel. Visiting national parks can easily take up a good amount of your time here, too. Since there is so much to do in the area, a weekend is probably not enough for all of it.
In the BVI, you'll find adventure travel, national parks, and history and culture. The length of your trip often depends on your style of travel. Adventure travel is very popular here, too. Since there is so much to do in the area, a weekend is probably not enough for all of it.
Iceland is a great place to explore. It is common to spend five days here. Hikers are also drawn to this area. Five days is a great amount of time to relax and see the many things that Iceland has to offer. Anyone can find something fun to do here.
The BVI is a great place to explore. It is common to spend five days here. Many visitors spend time at the beach while visiting the area. Five days is a great amount of time to relax and see the many things that the BVI has to offer. Anyone can find something fun to do here.
It's hard to know how much time to spend in Iceland. In Iceland, you'll find nightlife, food, and hiking. Many visitors also spend a good bit of time hiking. With all of its activities, you can easily fill one week here.
It's hard to know how much time to spend in the BVI. In the BVI, you'll find history and culture, nightlife, and food. People usually spend lots of time at the beach. With all of its activities, you can easily fill one week here.
It's hard to know how much time to spend in Iceland. Many people enjoy the nightlife, food, and hiking when visiting Iceland. Many travelers plan to spend time at the national parks on their trip. Two weeks is more than enough time to enjoy everything. Take some day trips to nearby places to fill the extra days.
It's hard to know how much time to spend in the BVI. Many people enjoy the history and culture, nightlife, and food when visiting the BVI. Adventure travel is very popular here, too. Two weeks is more than enough time to enjoy everything. Take some day trips to nearby places to fill the extra days.
These are the overall average travel costs for the two destinations.
The average daily cost (per person) in Iceland is $262, while the average daily cost in the BVI is $377. 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 country. What follows is a categorical breakdown of travel costs for Iceland and the BVI in more detail.
Looking for a hotel in Iceland or the British Virgin Islands? 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.
Also for Iceland, here are a few examples of actual transportation services:
Below are a few samples from actual travelers for transportation costs in the BVI:
Some specific examples of transportation prices in the BVI:
Prices for flights to both the BVI and Iceland 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.
Here are some examples of typical meal expenses from previous travelers to Iceland:
For Iceland, here are some samples of tours and activities related to meals and dining experiences:
Also, here are some specific examples of food and dining related activities in the BVI.
For Iceland, here are some examples of average entertainment and activity prices from previous travelers:
Also, here are some specific examples of entertainment, tickets, and activities for Iceland.
Here are a few typical costs in the BVI for activities, ticket prices, and tours that come from previous visitors:
Here are a few actual costs in the BVI for available activities, ticket prices, and tours:
Here are a few samples of the prices for alcohol and nightlife in Iceland from other travelers:
Also in Iceland, these are the prices for nightlife and alcohol related activities from various tour providers:
When we compare the travel costs of actual travelers between Iceland and the BVI, we can see that the British Virgin Islands is more expensive. And not only is Iceland much less expensive, but it is actually a significantly cheaper destination. Since Iceland is in Europe and the BVI is in Caribbean Islands, 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 Iceland would let you spend less money overall. Or, you could decide to spend more money in Iceland 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 the British Virgin Islands would naturally cost you much more money, so you would probably want to keep your budget a little tighter in the British Virgin Islands than you might in Iceland.