Meters/Pay and display — Charging hours
P1, P2 and P3 Monday-Friday 09:00-18:00
P4 Monday-Friday 8:00-16:00
P1 320 ISK per hour
P2 170 ISK per hour
P3 170 ISK 1st and 170 ISK 2nd hour, 50 ISK each hour thereafter
P4 170 ISK per hour
Open every day 7:00-24:00
200 ISK per hour
120 ISK each hour thereafter
Some parking places in Reykjavik have old-fashioned coin-operated parking meters, and others have central pay-and-display machines where you can use a credit card. You’re most likely to run into an old-fashioned meter on side streets downtown but they could be anywhere.
If you only have a card, it‘s worth keeping in mind that you can still use the pay-and-display ticket when you’re on a coin-operated meter. So if you can just walk around the corner to a Pay-and-display machine, that’s one way to solve it. But it’s probably good to have some coins in your pocket just in case.
Reykjavik is a very small city, but nonetheless downtown can be very tricky when it comes to finding a parking lot for your vehicle. Especially during working hours (8am — 4pm). Most hotels, guesthouses and apartments are located within the 101 ZIP code.