Great Value Vacations offers an Iceland 5-Night Flight and Hotel Package for Two with prices starting at $1,997.98, as seen on Travelzoo. That's the lowest price we could find for a similar package by $300 and the best price we've seen for any 5-night Iceland vacation. (For further comparison, this is the same price as most 3-night packages we've seen.) This price is based on departure on February 1, 2016 from New York, NY, (JFK) with arrival in Reykjavik, Iceland, (KEF).