Iceland is one of the most expensive countries in the world. Here are 8 ways I saved money during my trip.

The author at the Blue Lagoon in Iceland.Talia Lakritz/Insider

• Iceland has the eighth-highest cost of living in the world, according to Numbeo.
• I saved money on my trip by booking a red-eye flight and renting a car further from the airport.

On my first day in Iceland, I paid 2,690 ISK, or about $20, for a piece of avocado toast at the Blue Lagoon.

After realizing how quickly purchases like that would add up over a five-day trip, I resolved to be more mindful about my spending.

Iceland is the eighth most expensive country in the world with a cost of living 15.8% higher than the US, according to Numbeo's global cost of living index. Even with higher prices, I discovered a few helpful tricks for saving money during my visit.

Here are eight ways I cut costs on my trip.