Reykjavík is easily explored by bicycle and has a good network of bike paths. Riding on sidewalks and footpaths is widely tolerated, and some trails are illuminated by streetlights in fall and winter. A free biking map is available at the Tourist Information Center, or downloadable from www.reykjavik.is/paths. We recommend the popular route that takes you around the coastline and into the peaceful Elliðaár Valley.
The only major bike rental business in town is Borgarhjól, Hverfisgata 50 (tel. 551-5653; www.borgarhjol.net; Mon-Fri 8am-6pm, Sat 10am-2pm). They carry high-quality Trek bicycles and provide studded tires in winter. Rates are 2,000kr ($32/£16) per day with discounts for half days or longer rentals. They run an outpost at the City Hostel at Laugardalur, and some other accommodations also arrange bike rentals.
Reykjavík's bus service Stræto (tel. 540-2700; www.bus.is) is very reliable. The major bus hubs are Lækjartorg (in the city center, at the north end of Lækjargata), Hlemmur (on the eastern end of Laugavegur), and the BSÍ bus terminal (Vatnsmýrarvegur 10; www.bsi.is) south of the city center. Free bus maps are available at www.bus.is (check out the impressive "Journey Planner" feature), the Tourist Information Center, and bus hubs. Most travelers use buses only to reach outlying hotels or sights such as The Pearl, Laugardalur Park, and the Árbær Museum. Local routes venture as far as the suburbs of Hafnarfjörður, Mosfellsbær, and Akranes. Most long-distance routes leave from the BSÍ terminal.
Buses operate Monday to Saturday from 7am to midnight, and Sunday from 10am to midnight, with set departure times every 20 minutes, or every 30 minutes evenings and weekends. Buses S1 to S6 run until 2am on Friday and Saturday night. The flat fare of 280kr ($4.50/£2.25) adults or 100kr ($1.60/80p) children 6 to 18 is collected on the bus. No change is given, so make sure you have the exact amount. Discounted books of 11 tickets for 2,500kr ($40/£20) and 2-week passes (gula kortið) for 3,500kr ($56/£28) are available at the bus hubs, Kringlan Mall, and the Tourist Information Center. Transfers (skiptimiði) are free within a certain time frame (normally 45 min.) and must be requested from your first driver. The Reykjavík Tourist Card includes free unlimited bus travel for 1, 2, or 3 days.
Reykjavík's narrow one-way streets and parking regulations discourage many drivers, but by international standards the city is quite negotiable. Public parking lots in the city center -- marked on most tourist maps -- usually require buying a ticket at a kiosk and placing it on the front dashboard. Meters vary in cost but are usually around 80kr ($1.30/65p) per hour; fees must be paid from 10am to 6pm weekdays and from 10am to 2pm Saturday. Parking is free Sundays and evenings. One parking strategy is to simply drive out of the center where there are no meters.
Reykjavík is a good walking town, easily navigable on foot, with most of the tourist sites, restaurants, and shops concentrated along the central streets.
Taxis are expensive: Meters start at 520kr ($8.30/£4.15), and a short ride across town is routinely 1,000kr ($16/£8). Sharing helps, as taxis charge per ride, not per passenger. The best taxi companies are BSR Taxis (tel. 561-0000) and Hreyfill (tel. 588-5522). Both accept credit cards inside the taxi. There is no need to tip.
Note: This information was accurate when it was published, but can change without notice. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.