Cost of Living Comparison Between Prague and Reykjavik 
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| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 67.2% higher than in Prague (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 66.8% higher than in Prague | |
| Rent Prices in Reykjavik are 65.9% higher than in Prague | |
| Restaurant Prices in Reykjavik are 124.4% higher than in Prague | |
| Groceries Prices in Reykjavik are 94.4% higher than in Prague | |
| Local Purchasing Power in Reykjavik is 20.1% higher than in Prague | |
Restaurants | Prague Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
220.00 Kč (1,337.35 kr) |
493.51 Kč (3,000.00 kr) |
+124.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,200.00 Kč (7,294.61 kr) |
2,796.58 Kč (17,000.00 kr) |
+133.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
200.00 Kč (1,215.77 kr) |
394.81 Kč (2,400.00 kr) |
+97.4 % |
| Domestic Beer (1 pint draught) |
59.00 Kč (358.65 kr) |
246.76 Kč (1,500.00 kr) |
+318.2 % |
| Imported Beer (12 oz small bottle) |
60.00 Kč (364.73 kr) |
205.63 Kč (1,250.00 kr) |
+242.7 % |
| Cappuccino (regular) |
71.83 Kč (436.65 kr) |
116.28 Kč (706.85 kr) |
+61.9 % |
| Coke/Pepsi (12 oz small bottle) |
38.28 Kč (232.67 kr) |
66.35 Kč (403.34 kr) |
+73.4 % |
| Water (12 oz small bottle) |
34.21 Kč (207.94 kr) |
47.36 Kč (287.88 kr) |
+38.4 % |
Markets | Prague Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
90.50 Kč (550.13 kr) |
140.90 Kč (856.52 kr) |
+55.7 % |
| Loaf of Fresh White Bread (1 lb) |
32.17 Kč (195.54 kr) |
76.42 Kč (464.58 kr) |
+137.6 % |
| Rice (white), (1 lb) |
24.22 Kč (147.20 kr) |
34.19 Kč (207.81 kr) |
+41.2 % |
| Eggs (regular) (12) |
59.60 Kč (362.32 kr) |
135.17 Kč (821.68 kr) |
+126.8 % |
| Local Cheese (1 lb) |
129.86 Kč (789.39 kr) |
158.81 Kč (965.37 kr) |
+22.3 % |
| Chicken Fillets (1 lb) |
94.08 Kč (571.91 kr) |
202.85 Kč (1,233.09 kr) |
+115.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
131.18 Kč (797.44 kr) |
326.07 Kč (1,982.11 kr) |
+148.6 % |
| Apples (1 lb) |
17.44 Kč (105.99 kr) |
34.91 Kč (212.21 kr) |
+100.2 % |
| Banana (1 lb) |
17.04 Kč (103.59 kr) |
22.14 Kč (134.61 kr) |
+29.9 % |
| Oranges (1 lb) |
21.78 Kč (132.41 kr) |
28.80 Kč (175.06 kr) |
+32.2 % |
| Tomato (1 lb) |
32.74 Kč (199.05 kr) |
50.93 Kč (309.60 kr) |
+55.5 % |
| Potato (1 lb) |
13.18 Kč (80.11 kr) |
32.36 Kč (196.68 kr) |
+145.5 % |
| Onion (1 lb) |
13.63 Kč (82.84 kr) |
23.10 Kč (140.44 kr) |
+69.5 % |
| Lettuce (1 head) |
31.85 Kč (193.62 kr) |
72.31 Kč (439.56 kr) |
+127.0 % |
| Water (1.5 liter bottle) |
16.42 Kč (99.80 kr) |
46.23 Kč (281.00 kr) |
+181.6 % |
| Bottle of Wine (Mid-Range) |
150.00 Kč (911.83 kr) |
452.31 Kč (2,749.50 kr) |
+201.5 % |
| Domestic Beer (0.5 liter bottle) |
23.03 Kč (140.02 kr) |
71.42 Kč (434.15 kr) |
+210.1 % |
| Imported Beer (12 oz small bottle) |
40.85 Kč (248.34 kr) |
58.55 Kč (355.89 kr) |
+43.3 % |
| Cigarettes 20 Pack (Marlboro) |
150.00 Kč (911.83 kr) |
271.43 Kč (1,650.00 kr) |
+81.0 % |
Transportation | Prague Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
30.00 Kč (182.37 kr) |
93.77 Kč (570.00 kr) |
+212.6 % |
| Monthly Pass (Regular Price) |
550.00 Kč (3,343.36 kr) |
1,529.90 Kč (9,300.00 kr) |
+178.2 % |
| Taxi Start (Normal Tariff) |
50.00 Kč (303.94 kr) |
120.09 Kč (730.00 kr) |
+140.2 % |
| Taxi 1 mile (Normal Tariff) |
47.48 Kč (288.60 kr) |
83.00 Kč (504.53 kr) |
+74.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
360.00 Kč (2,188.38 kr) |
1,584.18 Kč (9,630.00 kr) |
+340.1 % |
| Gasoline (1 gallon) |
147.49 Kč (896.58 kr) |
196.03 Kč (1,191.65 kr) |
+32.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
615,000.00 Kč (3,738,489.41 kr) |
952,483.64 Kč (5,790,000.00 kr) |
+54.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
641,463.16 Kč (3,899,354.83 kr) |
992,129.33 Kč (6,031,000.00 kr) |
+54.7 % |
Utilities (Monthly) | Prague Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
7,003.79 Kč (42,574.92 kr) |
1,925.51 Kč (11,704.85 kr) |
-72.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
647.67 Kč (3,937.10 kr) |
535.41 Kč (3,254.67 kr) |
-17.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
491.45 Kč (2,987.48 kr) |
1,565.42 Kč (9,515.93 kr) |
+218.5 % |
Sports And Leisure | Prague Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,394.85 Kč (8,479.06 kr) |
1,497.59 Kč (9,103.59 kr) |
+7.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
383.46 Kč (2,331.00 kr) |
660.37 Kč (4,014.29 kr) |
+72.2 % |
| Cinema, International Release, 1 Seat |
250.00 Kč (1,519.71 kr) |
329.01 Kč (2,000.00 kr) |
+31.6 % |
Childcare | Prague Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
16,430.56 Kč (99,878.79 kr) |
5,495.51 Kč (33,406.33 kr) |
-66.6 % |
| International Primary School, Yearly for 1 Child |
263,529.41 Kč (1,601,954.33 kr) |
136,813.28 Kč (831,666.67 kr) |
-48.1 % |
Clothing And Shoes | Prague Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,902.35 Kč (11,564.06 kr) |
2,376.40 Kč (14,445.76 kr) |
+24.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
899.20 Kč (5,466.10 kr) |
994.43 Kč (6,045.00 kr) |
+10.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,246.11 Kč (13,653.78 kr) |
3,234.48 Kč (19,661.90 kr) |
+44.0 % |
| 1 Pair of Men Leather Business Shoes |
2,644.84 Kč (16,077.56 kr) |
3,993.05 Kč (24,273.12 kr) |
+51.0 % |
Rent Per Month | Prague Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
24,515.54 Kč (149,026.19 kr) |
42,619.47 Kč (259,077.12 kr) |
+73.8 % |
| Apartment (1 bedroom) Outside of Centre |
18,052.08 Kč (109,735.81 kr) |
38,092.06 Kč (231,555.69 kr) |
+111.0 % |
| Apartment (3 bedrooms) in City Centre |
44,609.76 Kč (271,175.77 kr) |
61,848.19 Kč (375,965.52 kr) |
+38.6 % |
| Apartment (3 bedrooms) Outside of Centre |
31,868.42 Kč (193,723.18 kr) |
54,982.61 Kč (334,230.77 kr) |
+72.5 % |
Buy Apartment Price | Prague Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
15,867.86 Kč (96,458.24 kr) |
13,464.22 Kč (81,846.89 kr) |
-15.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
11,098.05 Kč (67,463.35 kr) |
10,640.40 Kč (64,681.33 kr) |
-4.1 % |
Salaries And Financing | Prague Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
42,147.74 Kč (256,209.54 kr) |
84,453.62 Kč (513,380.43 kr) |
+100.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.83 | 8.14 | +39.7 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 611 | 164 |
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 |