Cost of Living Comparison Between Reykjavik and Prague 
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| Indices Difference |  |
|---|---|
| Cost of Living in Prague is 40.0% lower than in Reykjavik (without rent) | |
| Cost of Living Including Rent in Prague is 40.1% lower than in Reykjavik | |
| Rent Prices in Prague are 40.3% lower than in Reykjavik | |
| Restaurant Prices in Prague are 55.7% lower than in Reykjavik | |
| Groceries Prices in Prague are 48.0% lower than in Reykjavik | |
| Local Purchasing Power in Prague is 16.5% lower than in Reykjavik | |
Restaurants | Reykjavik Edit |
Prague Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (495.49 Kč) |
1,332.01 kr (220.00 Kč) |
-55.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,000.00 kr (2,807.79 Kč) |
7,265.51 kr (1,200.00 Kč) |
-57.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,400.00 kr (396.39 Kč) |
1,204.86 kr (199.00 Kč) |
-49.8 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (247.75 Kč) |
363.28 kr (60.00 Kč) |
-75.8 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (206.45 Kč) |
363.28 kr (60.00 Kč) |
-70.9 % |
| Cappuccino (regular) |
708.43 kr (117.01 Kč) |
436.27 kr (72.06 Kč) |
-38.4 % |
| Coke/Pepsi (12 oz small bottle) |
412.44 kr (68.12 Kč) |
229.03 kr (37.83 Kč) |
-44.5 % |
| Water (12 oz small bottle) |
292.46 kr (48.30 Kč) |
203.80 kr (33.66 Kč) |
-30.3 % |
Markets | Reykjavik Edit |
Prague Edit | |
| Milk (regular), (1 gallon) |
855.96 kr (141.37 Kč) |
551.20 kr (91.04 Kč) |
-35.6 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (76.73 Kč) |
195.99 kr (32.37 Kč) |
-57.8 % |
| Rice (white), (1 lb) |
189.98 kr (31.38 Kč) |
146.26 kr (24.16 Kč) |
-23.0 % |
| Eggs (regular) (12) |
819.16 kr (135.30 Kč) |
360.16 kr (59.49 Kč) |
-56.0 % |
| Local Cheese (1 lb) |
965.37 kr (159.44 Kč) |
787.01 kr (129.99 Kč) |
-18.5 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (203.66 Kč) |
573.17 kr (94.67 Kč) |
-53.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,934.50 kr (319.51 Kč) |
797.90 kr (131.79 Kč) |
-58.8 % |
| Apples (1 lb) |
188.37 kr (31.11 Kč) |
103.87 kr (17.16 Kč) |
-44.9 % |
| Banana (1 lb) |
134.66 kr (22.24 Kč) |
101.44 kr (16.75 Kč) |
-24.7 % |
| Oranges (1 lb) |
169.47 kr (27.99 Kč) |
131.20 kr (21.67 Kč) |
-22.6 % |
| Tomato (1 lb) |
303.07 kr (50.06 Kč) |
200.19 kr (33.06 Kč) |
-33.9 % |
| Potato (1 lb) |
198.33 kr (32.76 Kč) |
79.79 kr (13.18 Kč) |
-59.8 % |
| Onion (1 lb) |
134.12 kr (22.15 Kč) |
82.13 kr (13.56 Kč) |
-38.8 % |
| Lettuce (1 head) |
435.00 kr (71.85 Kč) |
194.44 kr (32.11 Kč) |
-55.3 % |
| Water (1.5 liter bottle) |
284.82 kr (47.04 Kč) |
98.62 kr (16.29 Kč) |
-65.4 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (454.12 Kč) |
908.19 kr (150.00 Kč) |
-67.0 % |
| Domestic Beer (0.5 liter bottle) |
437.94 kr (72.33 Kč) |
138.54 kr (22.88 Kč) |
-68.4 % |
| Imported Beer (12 oz small bottle) |
353.50 kr (58.39 Kč) |
249.36 kr (41.19 Kč) |
-29.5 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (272.52 Kč) |
908.19 kr (150.00 Kč) |
-45.0 % |
Transportation | Reykjavik Edit |
Prague Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (94.14 Kč) |
181.64 kr (30.00 Kč) |
-68.1 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (1,536.02 Kč) |
3,330.03 kr (550.00 Kč) |
-64.2 % |
| Taxi Start (Normal Tariff) |
730.00 kr (120.57 Kč) |
302.73 kr (50.00 Kč) |
-58.5 % |
| Taxi 1 mile (Normal Tariff) |
504.53 kr (83.33 Kč) |
287.45 kr (47.48 Kč) |
-43.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (1,590.53 Kč) |
2,179.65 kr (360.00 Kč) |
-77.4 % |
| Gasoline (1 gallon) |
1,191.65 kr (196.82 Kč) |
891.64 kr (147.27 Kč) |
-25.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (956,299.05 Kč) |
3,632,754.84 kr (600,000.00 Kč) |
-37.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,034,875.00 kr (996,743.56 Kč) |
3,932,265.91 kr (649,468.42 Kč) |
-34.8 % |
Utilities (Monthly) | Reykjavik Edit |
Prague Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,869.02 kr (1,960.33 Kč) |
42,921.21 kr (7,089.04 Kč) |
+261.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (537.55 Kč) |
3,840.02 kr (634.23 Kč) |
+18.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,680.61 kr (1,598.89 Kč) |
2,968.53 kr (490.29 Kč) |
-69.3 % |
Sports And Leisure | Reykjavik Edit |
Prague Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
8,775.19 kr (1,449.34 Kč) |
8,661.18 kr (1,430.52 Kč) |
-1.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (663.02 Kč) |
2,345.59 kr (387.41 Kč) |
-41.6 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (330.33 Kč) |
1,513.65 kr (250.00 Kč) |
-24.3 % |
Childcare | Reykjavik Edit |
Prague Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
32,582.12 kr (5,381.39 Kč) |
99,480.30 kr (16,430.56 Kč) |
+205.3 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (137,361.32 Kč) |
1,595,562.91 kr (263,529.41 Kč) |
+91.9 % |
Clothing And Shoes | Reykjavik Edit |
Prague Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,557.53 kr (2,404.38 Kč) |
12,021.08 kr (1,985.45 Kč) |
-17.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,491.15 kr (1,072.10 Kč) |
5,669.27 kr (936.36 Kč) |
-12.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,994.75 kr (3,302.41 Kč) |
13,693.49 kr (2,261.67 Kč) |
-31.5 % |
| 1 Pair of Men Leather Business Shoes |
24,855.00 kr (4,105.15 Kč) |
15,720.45 kr (2,596.45 Kč) |
-36.8 % |
Rent Per Month | Reykjavik Edit |
Prague Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 kr (42,790.19 Kč) |
147,930.98 kr (24,432.86 Kč) |
-42.9 % |
| Apartment (1 bedroom) Outside of Centre |
233,306.07 kr (38,533.74 Kč) |
108,288.89 kr (17,885.42 Kč) |
-53.6 % |
| Apartment (3 bedrooms) in City Centre |
373,433.33 kr (61,677.71 Kč) |
269,499.72 kr (44,511.63 Kč) |
-27.8 % |
| Apartment (3 bedrooms) Outside of Centre |
336,250.00 kr (55,536.37 Kč) |
192,274.19 kr (31,756.76 Kč) |
-42.8 % |
Buy Apartment Price | Reykjavik Edit |
Prague Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
81,134.64 kr (13,400.51 Kč) |
96,257.51 kr (15,898.27 Kč) |
+18.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
63,335.22 kr (10,460.69 Kč) |
66,720.68 kr (11,019.85 Kč) |
+5.3 % |
Salaries And Financing | Reykjavik Edit |
Prague Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (84,791.92 Kč) |
256,878.06 kr (42,426.99 Kč) |
-50.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 5.83 | -28.4 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 171 | 603 |
Moving to Reykjavik? Explore:
Moving to Prague? Explore:
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 |
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 |