Prices were available within the past 7 days and start at $331 for one-way flights and $349 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.
Traveling to Ólafsvík is easy; you can choose between full-service and low-cost airlines. Compare travel times and select the option that best fits your budget, schedule, and plans to visit the city's renowned attractions and neighborhoods.
Ólafsvík is a charming village ideal for outdoor enthusiasts and adventure seekers looking to immerse themselves in stunning scenery. Travelers are drawn to its eco-friendly atmosphere and romantic setting, with access facilitated by a major airport nearby.
*Flight times and fares vary by season and availability and are based on one-way routes
The most popular months for travelers to fly to Ólafsvík are March, July, and August, when peak temperatures in Ólafsvík can reach up to 51.1°F in August. If you prefer quieter travel, consider October, the least busy and relatively cheaper time to visit with fewer crowds and temperatures around 43°F. For better deals, January usually offers the lowest average one-way fare around $335, roughly 16% cheaper than the yearly average. Looking for additional cheaper months to fly? April and February offer average one-way fares roughly ranging from $354 to $368, making them good options for flexible travelers.
 Month |  Temperature |  Precipitation |  Cloudiness |  Demand |  Average one-way Fare |
| January | 35.8°F (2.1°C) | Light Rain | Mostly Cloudy | Average | $335 |
| February | 35.6°F (2.0°C) | Light Rain | Mostly Cloudy | Average | $368 |
| March | 35.2°F (1.8°C) | Light Rain | Mostly Cloudy | High | $402 |
| April | 38.7°F (3.7°C) | Light Rain | Mostly Cloudy | Average | $354 |
| May | 42.4°F (5.8°C) | Light Rain | Mostly Cloudy | Average | $380 |
| June | 47.7°F (8.7°C) | Light Rain | Mostly Cloudy | Average | $461 |
| July | 50.9°F (10.5°C) | Light Rain | Mostly Cloudy | High | $445 |
| August | 51.1°F (10.6°C) | Light Rain | Mostly Cloudy | High | $424 |
| September | 47.7°F (8.7°C) | Light Rain | Mostly Cloudy | Average | $384 |
| October | 43.0°F (6.1°C) | Light Rain | Mostly Cloudy | Low | $371 |
| November | 39.4°F (4.1°C) | Light Rain | Mostly Cloudy | Low | $383 |
| December | 35.8°F (2.1°C) | Light Rain | Mostly Cloudy | Low | $482 |
*Average one-way fare is based on Expedia flight booking data from January 2025 to April 2026 for the specified route and travel class and may change depending on availability, dates, and demand.
Getting some of the best deals on flights to Ólafsvík is all about timing and flexibility. Here are some key tips to help you save:
*For members. Select hotels.
Ólafsvík welcomes travelers through its range of transport options based on price, convenience, and proximity. Here's how to reach Ólafsvík efficiently:
For quick getaways, efficiency is key. Here is how to make your short-haul journey smoother:
Flying long-haul sometimes requires extra planning to ensure a comfortable journey:
*Flight schedules are subject to change.
*Available to One Key members.
The cheapest day to fly
Get started finding a cheap flight to Ólafsvík on Expedia by either choosing a deal on this page or entering into the search bar your travel dates, origin airport, and whether you want roundtrip or one-way airfare. You can filter for flexibility, number of stops, airline, and departure/arrival times to find the best flight for you.
The cheapest month to fly
October is the cheapest month to fly to Ólafsvík. This coincides with the low season when fewer people travel. Whichever month you travel in, though, be sure to book at least a month in advance if you want to score cheap tickets to Ólafsvík. ARC's data shows that domestic flights booked 28 days or more before departure are typically 24% cheaper than those booked last minute.
The most affordable time to book a flight
Typically, a Sunday can be the cheapest time to book a flight to Ólafsvík, according to ARC’s data. On average, you could save between 6% and 13% by booking on a Sunday instead of a Friday, which is the most expensive day to make a reservation.
The cheapest round-trip tickets to Ólafsvík
The lowest price for round-trip flights to Ólafsvík in 2026 starts from from $349, while one-way tickets start from from $331. Expedia's effective search tool is one of the best ways to find a budget airfare. Simply enter your dates, and within seconds, it'll show you a vast selection of the cheapest flights to Ólafsvík. If you have a preferred departure time or airline, you can use the handy filters to customize your search.
The cheapest airlines flying to Ólafsvík
United, Delta, British Airways, Finnair, Icelandair, Swiss International Air Lines, Virgin Atlantic, Air France, KLM are just some of the airlines that can typically offer cheap tickets to Ólafsvík. You can find their most affordable flights by using the “airline” search filter and then sorting prices from low to high. As a trusted partner of the world's leading airlines, Expedia offers you some of the best airfare deals to Ólafsvík and countless more destinations worldwide.
The most affordable airports to fly into
To view the cheapest airports to fly into for Ólafsvík, simply order your search results from lowest to highest price. Expedia's search tool compares flight prices for all airports close to your destination, so you don't have to manually search them one by one to find the cheapest flight to Ólafsvík. If you have a preferred place to fly into, take advantage of the “arrival airport” filter to narrow down your search on Expedia.
Save with a package
With Expedia's amazing package deals, you could save hundreds of dollars by booking your Ólafsvík plane tickets together with your accommodations, car rental, or activities. Just select the search wizard's “package” option to view some of the cheapest deals. Look out for the green savings label to see how much you're saving.
Date flexibility for the cheapest flights to Ólafsvík
If you can be flexible with your travel dates, it's a good idea to broaden your search by comparing prices on different days. This will open up more options, meaning you could uncover a less expensive flight to Ólafsvík.
Stopover savings
The cheapest tickets to Ólafsvík are sometimes those with a stopover. Book one of these flights, and you'll change planes at an airport en route to Ólafsvík. While the overall travel time might be longer than a non-stop flight, you may decide it's worth it for the money saved.
Get Expedia's Price Drop Protection
Price Drop Protection means that if your flight gets cheaper after booking, you'll be credited the difference*. This gives you peace of mind that you're getting one of the cheapest flights to Ólafsvík for your chosen departure. Expedia's Price Drop Protection is available for a small fee but is free to One Key Gold and Platinum tier members.
*Terms apply.
Use our Price Tracking feature
Expedia's Price Tracking feature is another great tool that removes the guesswork from finding cheap flights to Ólafsvík. Simply download the free Expedia app to your smart device and activate Ólafsvík flight price alerts for your travel dates. There's even a price predictor tool that uses historical data to indicate the best time to book, giving you peace of mind that you'll nab the lowest prices.
Book with Expedia
As well as Price Drop Protection and Price Tracking, Expedia's close partnership with a vast selection of the world's leading airlines means you're sure to find cheap flights to Ólafsvík. Plus, the One Key rewards program lets you earn real cash rewards on most bookings that you can use to save money on future trips. Best of all, it's free to join, and members often unlock exclusive discounts, too.
Disclaimer: ARC The statistics are based on average round-trip ticket prices between January and August 2023. The percentages you see are averages.
Destination airport | Reykjavik Domestic |
|---|---|
Destination airport IATA code | RKV |
Destination city name | Reykjavik |
Roundtrip price | $194 |
