There are most likely no direct flights on the Madrid — Reykjavik route
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A non-stop flight is the most convenient and comfortable way to fly from Madrid to Reykjavik, despite the fact that sometimes flights with transfers can cost significantly less.
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There are most likely no direct flights on the Madrid — Reykjavik route
Flight prices from Madrid to Reykjavik are steadily rising: from November 2026 to August 2027, ticket costs increased by 27%. The sooner you book, the better the deal.
The most significant price increase was from December 2026 to August 2027 — up 145%. The best time to fly is December 2026–January 2027, when the average price is $76. In June 2027–August 2027, tickets cost around $169.
Given the rising prices, it's best not to delay your purchase. Flying in December 2026–January 2027 can save you up to 55% compared to the most expensive months.
Price variation across months on this route is 30.4%. Your choice of departure month significantly affects the total flight cost.
The cost of a one-way flight from Madrid to Reykjavik ranges from $69 (December 2026) to $170 (August 2027). On average, the ticket price is about $128–$141.
Madrid — Reykjavik
08/09/2027
Departure
Direct flight
I21925
starting at $170
Madrid — Reykjavik
06/16/2027
Departure
Direct flight
I21925
starting at $244
Madrid — Reykjavik
06/09/2027
Departure
Direct flight
I21925
starting at $262
starting at $170
starting at $70
starting at $74
starting at $97
starting at $129
starting at $132
starting at $159
starting at $198
More than 8 airlines operate flights from Madrid to Reykjavik, including Iberia Express, LC Busre SAC, EasyJet, Ryanair, Wizz Air, Scandinavian Airlines, Iberia, and Air Europa. This is a popular route, so passengers can choose tickets based on budget and preferences. Ticket prices start from $70, and our service lets you instantly compare all options. The variety of offers simplifies planning: you can choose budget fares or more comfortable options with baggage included or extra services. We help you find the best deals so your trip is cost-efficient.
The cheapest flight ticket from Madrid to Reykjavik according to data for the last 48 hours costs $70
Often the best time to buy tickets from Madrid to Reykjavik is 2 months before departure.
Based on statistics over the past years, the lowest prices for flights from Madrid to Reykjavik can be found flying in these months: December, January, November.
The fastest flights from Madrid to Reykjavik start from 4 hours 25 minutes in the air.
The following airlines operate direct flights on the route Madrid — Reykjavik: Iberia Express
The cheapest one-way flight from Madrid to Reykjavik departs on 12/15/2026, is operated by LC Busre SAC and costs $70
The cheapest roundtrip flight from Madrid to Reykjavik departs on 12/15/2026, is operated by Ryanair and costs $215
Fastest flight from Madrid to Reykjavik takes 4h 25m
There are direct flights on this route 2 days a week: Mo and We
The distance between Madrid and Reykjavik is 2891km (1792 miles). The time difference between Madrid and Reykjavik is 1h
We couldn't find any special offers for flights from Madrid to Reykjavik
