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) runs several boutique-style outlets downtown where you can pick up everything from the perfect Icelandic sweater to Bjorkesque vintage.For quirky local crafts, try either Reykjavik’s Cutest (Laugevegur 27) or Minja (), which act as a kind of artisan Urban Outfitters for kooky gifts and homewares.

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Most hotels are no-go zones for budget travellers in Iceland — with three-star options rarely dipping below €100 per night.If you’re a Game of Thrones fan you could also try the Myvatn Nature Baths, which feature on a guided tour of the hit series’ filming locations.Prices from €27 ( Driving the Golden Circle, you’ll find Thingvellir National Park, the thundering cascade of Gullfoss waterfall and the steam eruptions of Geysir all absolutely free.Airbnb hosts scores of idyllic, well-kitted cabins across Iceland with one- or two-bedroom properties starting from €80/€100 per night.My own abode (Airbnb #11765169) was a comfy, three-bed chalet set in secluded woodlands near Selfoss, a gateway to the Golden Circle.With everywhere so navigable in Iceland, upgrading to a GPS is also an unnecessary luxury. At just over €1.40 per litre, juice is surprisingly comparable to Ireland.

Just as tipping isn’t customary, neither in fact, is cash.

PS: Self-catering is a massive cost-saver in Iceland.

Try stocking up at budget supermarket Bónus ( Fans proclaim a must-see haven of cool, but critics deride a man-made amphitheatre crammed with tourists and selfie-sticks.

Of Monsters and Men and Kaleo are local acts who have played here, so you may just catch Iceland’s next big thing!

(With the Nordic summer cottage scene very much part of Icelandic culture, renting out a native’s holiday home is another no-brainer bargain.

Rather than blowing that budget, simply adjust to the Nordic mindset with an Icelandic hostel stay.