Cost of Living Comparison Between Prague and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 66.4% higher than in Prague (without rent) | |
| Cost of Living Including Rent in Reykjavik is 67.2% higher than in Prague | |
| Rent Prices in Reykjavik are 69.0% higher than in Prague | |
| Restaurant Prices in Reykjavik are 125.5% higher than in Prague | |
| Groceries Prices in Reykjavik are 92.0% higher than in Prague | |
| Local Purchasing Power in Reykjavik is 18.7% higher than in Prague | |
Restaurants | Prague Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
220.00 Kč (1,332.26 kr) |
495.40 Kč (3,000.00 kr) |
+125.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,200.00 Kč (7,266.90 kr) |
2,807.25 Kč (17,000.00 kr) |
+133.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
199.00 Kč (1,205.09 kr) |
396.32 Kč (2,400.00 kr) |
+99.2 % |
| Domestic Beer (1 pint draught) |
60.00 Kč (363.34 kr) |
247.70 Kč (1,500.00 kr) |
+312.8 % |
| Imported Beer (12 oz small bottle) |
60.00 Kč (363.34 kr) |
206.42 Kč (1,250.00 kr) |
+244.0 % |
| Cappuccino (regular) |
72.00 Kč (436.02 kr) |
116.94 Kč (708.14 kr) |
+62.4 % |
| Coke/Pepsi (12 oz small bottle) |
37.65 Kč (228.03 kr) |
68.05 Kč (412.11 kr) |
+80.7 % |
| Water (12 oz small bottle) |
33.66 Kč (203.84 kr) |
48.27 Kč (292.32 kr) |
+43.4 % |
Markets | Prague Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
90.64 Kč (548.92 kr) |
141.35 Kč (855.96 kr) |
+55.9 % |
| Loaf of Fresh White Bread (1 lb) |
32.37 Kč (196.03 kr) |
76.72 Kč (464.58 kr) |
+137.0 % |
| Rice (white), (1 lb) |
24.16 Kč (146.28 kr) |
31.37 Kč (189.98 kr) |
+29.9 % |
| Eggs (regular) (12) |
59.48 Kč (360.17 kr) |
135.27 Kč (819.16 kr) |
+127.4 % |
| Local Cheese (1 lb) |
129.99 Kč (787.16 kr) |
159.41 Kč (965.37 kr) |
+22.6 % |
| Chicken Fillets (1 lb) |
94.67 Kč (573.28 kr) |
203.62 Kč (1,233.09 kr) |
+115.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
131.79 Kč (798.06 kr) |
319.45 Kč (1,934.50 kr) |
+142.4 % |
| Apples (1 lb) |
17.09 Kč (103.50 kr) |
31.11 Kč (188.37 kr) |
+82.0 % |
| Banana (1 lb) |
16.82 Kč (101.87 kr) |
22.22 Kč (134.59 kr) |
+32.1 % |
| Oranges (1 lb) |
21.67 Kč (131.23 kr) |
27.98 Kč (169.47 kr) |
+29.1 % |
| Tomato (1 lb) |
33.06 Kč (200.23 kr) |
50.05 Kč (303.07 kr) |
+51.4 % |
| Potato (1 lb) |
13.18 Kč (79.81 kr) |
32.75 Kč (198.33 kr) |
+148.5 % |
| Onion (1 lb) |
13.56 Kč (82.14 kr) |
22.15 Kč (134.12 kr) |
+63.3 % |
| Lettuce (1 head) |
32.11 Kč (194.47 kr) |
71.83 Kč (435.00 kr) |
+123.7 % |
| Water (1.5 liter bottle) |
16.17 Kč (97.92 kr) |
47.03 Kč (284.82 kr) |
+190.9 % |
| Bottle of Wine (Mid-Range) |
150.00 Kč (908.36 kr) |
454.03 Kč (2,749.50 kr) |
+202.7 % |
| Domestic Beer (0.5 liter bottle) |
22.89 Kč (138.65 kr) |
72.32 Kč (437.94 kr) |
+215.9 % |
| Imported Beer (12 oz small bottle) |
41.19 Kč (249.41 kr) |
58.37 Kč (353.50 kr) |
+41.7 % |
| Cigarettes 20 Pack (Marlboro) |
150.00 Kč (908.36 kr) |
272.47 Kč (1,650.00 kr) |
+81.6 % |
Transportation | Prague Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
30.00 Kč (181.67 kr) |
94.13 Kč (570.00 kr) |
+213.8 % |
| Monthly Pass (Regular Price) |
550.00 Kč (3,330.66 kr) |
1,535.73 Kč (9,300.00 kr) |
+179.2 % |
| Taxi Start (Normal Tariff) |
50.00 Kč (302.79 kr) |
120.55 Kč (730.00 kr) |
+141.1 % |
| Taxi 1 mile (Normal Tariff) |
47.48 Kč (287.50 kr) |
83.31 Kč (504.53 kr) |
+75.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
360.00 Kč (2,180.07 kr) |
1,590.23 Kč (9,630.00 kr) |
+341.7 % |
| Gasoline (1 gallon) |
147.27 Kč (891.81 kr) |
196.78 Kč (1,191.65 kr) |
+33.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
600,000.00 Kč (3,633,448.02 kr) |
956,116.61 Kč (5,790,000.00 kr) |
+59.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
649,468.42 Kč (3,933,016.25 kr) |
996,553.41 Kč (6,034,875.00 kr) |
+53.4 % |
Utilities (Monthly) | Prague Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
7,089.04 Kč (42,929.40 kr) |
1,958.11 Kč (11,857.84 kr) |
-72.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
634.23 Kč (3,840.75 kr) |
537.45 Kč (3,254.67 kr) |
-15.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
490.29 Kč (2,969.10 kr) |
1,598.20 Kč (9,678.28 kr) |
+226.0 % |
Sports And Leisure | Prague Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,430.78 Kč (8,664.46 kr) |
1,449.07 Kč (8,775.19 kr) |
+1.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
387.41 Kč (2,346.04 kr) |
662.89 Kč (4,014.29 kr) |
+71.1 % |
| Cinema, International Release, 1 Seat |
250.00 Kč (1,513.94 kr) |
330.26 Kč (2,000.00 kr) |
+32.1 % |
Childcare | Prague Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
16,430.56 Kč (99,499.28 kr) |
5,380.36 Kč (32,582.12 kr) |
-67.3 % |
| International Primary School, Yearly for 1 Child |
263,529.41 Kč (1,595,867.37 kr) |
137,335.11 Kč (831,666.67 kr) |
-47.9 % |
Clothing And Shoes | Prague Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,985.45 Kč (12,023.37 kr) |
2,403.92 Kč (14,557.53 kr) |
+21.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
936.36 Kč (5,670.35 kr) |
1,071.90 Kč (6,491.15 kr) |
+14.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,261.67 Kč (13,696.10 kr) |
3,301.78 Kč (19,994.75 kr) |
+46.0 % |
| 1 Pair of Men Leather Business Shoes |
2,596.45 Kč (15,723.45 kr) |
4,104.37 Kč (24,855.00 kr) |
+58.1 % |
Rent Per Month | Prague Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
24,432.86 Kč (147,959.21 kr) |
43,172.22 Kč (261,440.00 kr) |
+76.7 % |
| Apartment (1 bedroom) Outside of Centre |
17,885.42 Kč (108,309.55 kr) |
38,737.81 Kč (234,586.36 kr) |
+116.6 % |
| Apartment (3 bedrooms) in City Centre |
44,511.63 Kč (269,551.14 kr) |
62,629.22 Kč (379,266.67 kr) |
+40.7 % |
| Apartment (3 bedrooms) Outside of Centre |
31,756.76 Kč (192,310.88 kr) |
55,900.38 Kč (338,518.52 kr) |
+76.0 % |
Buy Apartment Price | Prague Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
15,898.27 Kč (96,275.87 kr) |
13,397.96 Kč (81,134.64 kr) |
-15.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
11,019.85 Kč (66,733.41 kr) |
10,458.70 Kč (63,335.22 kr) |
-5.1 % |
Salaries And Financing | Prague Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
42,709.39 Kč (258,637.27 kr) |
84,775.74 Kč (513,380.43 kr) |
+98.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.83 | 8.14 | +39.6 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 598 | 169 |
Moving to Prague? Explore:
Moving to Reykjavik? Explore:
Cities near Prague: | Cost of Living in Ricany (Říčany) | 15.00 miles |
| Cost of Living in Holubice | 15.30 miles |
| Cost of Living in Kralupy nad Vltavou | 20.14 miles |
| Cost of Living in Kladno | 20.23 miles |
| Cost of Living in Beroun | 20.86 miles |
| Cost of Living in Cesky Brod | 26.27 miles |
| Cost of Living in Benesov | 28.84 miles |
| Cost of Living in Nymburk | 33.12 miles |
| Cost of Living in Melnik | 35.45 miles |
| Cost of Living in Pribram | 38.10 miles |
Cities near Reykjavik: | Cost of Living in Hafnarfjorour | 6.29 miles |
| Cost of Living in Akranes | 29.20 miles |
| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |