Cost of Living Comparison Between Czech Republic and Iceland 
| Indices Difference |  |
|---|---|
| Consumer Prices in Iceland are 77.5% higher than in Czech Republic (without rent) | |
| Consumer Prices Including Rent in Iceland are 84.8% higher than in Czech Republic | |
| Rent Prices in Iceland are 104.2% higher than in Czech Republic | |
| Restaurant Prices in Iceland are 157.3% higher than in Czech Republic | |
| Groceries Prices in Iceland are 98.2% higher than in Czech Republic | |
| Local Purchasing Power in Iceland is 44.7% higher than in Czech Republic | |
Restaurants | Czech Republic Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
191.50 Kč (1,142.24 kr) |
502.96 Kč (3,000.00 kr) |
+162.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,000.00 Kč (5,964.72 kr) |
2,750.90 Kč (16,408.35 kr) |
+175.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
180.00 Kč (1,073.65 kr) |
385.43 Kč (2,299.00 kr) |
+114.1 % |
| Domestic Beer (1 pint draught) |
50.00 Kč (298.24 kr) |
234.71 Kč (1,400.00 kr) |
+369.4 % |
| Imported Beer (12 oz small bottle) |
60.00 Kč (357.88 kr) |
201.18 Kč (1,200.00 kr) |
+235.3 % |
| Cappuccino (regular) |
62.52 Kč (372.90 kr) |
113.50 Kč (677.01 kr) |
+81.6 % |
| Coke/Pepsi (12 oz small bottle) |
36.10 Kč (215.34 kr) |
65.75 Kč (392.16 kr) |
+82.1 % |
| Water (12 oz small bottle) |
32.52 Kč (193.99 kr) |
48.73 Kč (290.66 kr) |
+49.8 % |
Markets | Czech Republic Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
87.90 Kč (524.31 kr) |
141.20 Kč (842.21 kr) |
+60.6 % |
| Loaf of Fresh White Bread (1 lb) |
32.44 Kč (193.52 kr) |
73.10 Kč (436.03 kr) |
+125.3 % |
| Rice (white), (1 lb) |
24.90 Kč (148.50 kr) |
33.27 Kč (198.47 kr) |
+33.6 % |
| Eggs (regular) (12) |
62.00 Kč (369.82 kr) |
133.37 Kč (795.54 kr) |
+115.1 % |
| Local Cheese (1 lb) |
119.17 Kč (710.80 kr) |
153.63 Kč (916.39 kr) |
+28.9 % |
| Chicken Fillets (1 lb) |
86.15 Kč (513.86 kr) |
195.18 Kč (1,164.19 kr) |
+126.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
131.68 Kč (785.41 kr) |
326.07 Kč (1,944.92 kr) |
+147.6 % |
| Apples (1 lb) |
16.59 Kč (98.95 kr) |
33.03 Kč (197.01 kr) |
+99.1 % |
| Banana (1 lb) |
17.43 Kč (103.99 kr) |
23.19 Kč (138.31 kr) |
+33.0 % |
| Oranges (1 lb) |
21.72 Kč (129.58 kr) |
28.70 Kč (171.21 kr) |
+32.1 % |
| Tomato (1 lb) |
31.25 Kč (186.42 kr) |
49.06 Kč (292.63 kr) |
+57.0 % |
| Potato (1 lb) |
12.08 Kč (72.03 kr) |
32.32 Kč (192.76 kr) |
+167.6 % |
| Onion (1 lb) |
13.22 Kč (78.84 kr) |
20.18 Kč (120.36 kr) |
+52.7 % |
| Lettuce (1 head) |
29.25 Kč (174.48 kr) |
72.76 Kč (434.00 kr) |
+148.7 % |
| Water (1.5 liter bottle) |
16.05 Kč (95.70 kr) |
49.23 Kč (293.65 kr) |
+206.8 % |
| Bottle of Wine (Mid-Range) |
150.00 Kč (894.71 kr) |
461.04 Kč (2,750.00 kr) |
+207.4 % |
| Domestic Beer (0.5 liter bottle) |
21.03 Kč (125.45 kr) |
73.72 Kč (439.70 kr) |
+250.5 % |
| Imported Beer (12 oz small bottle) |
36.97 Kč (220.49 kr) |
61.96 Kč (369.58 kr) |
+67.6 % |
| Cigarettes 20 Pack (Marlboro) |
144.00 Kč (858.92 kr) |
268.24 Kč (1,600.00 kr) |
+86.3 % |
Transportation | Czech Republic Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
30.00 Kč (178.94 kr) |
95.56 Kč (570.00 kr) |
+218.5 % |
| Monthly Pass (Regular Price) |
550.00 Kč (3,280.59 kr) |
1,559.17 Kč (9,300.00 kr) |
+183.5 % |
| Taxi Start (Normal Tariff) |
50.00 Kč (298.24 kr) |
122.39 Kč (730.00 kr) |
+144.8 % |
| Taxi 1 mile (Normal Tariff) |
48.28 Kč (287.98 kr) |
87.42 Kč (521.43 kr) |
+81.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
360.00 Kč (2,147.30 kr) |
1,569.23 Kč (9,360.00 kr) |
+335.9 % |
| Gasoline (1 gallon) |
143.64 Kč (856.74 kr) |
197.22 Kč (1,176.34 kr) |
+37.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
600,000.00 Kč (3,578,830.06 kr) |
870,955.02 Kč (5,195,000.00 kr) |
+45.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
626,171.63 Kč (3,734,936.42 kr) |
981,713.48 Kč (5,855,642.86 kr) |
+56.8 % |
Utilities (Monthly) | Czech Republic Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
6,731.30 Kč (40,150.32 kr) |
2,476.21 Kč (14,769.88 kr) |
-63.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
639.69 Kč (3,815.54 kr) |
556.69 Kč (3,320.53 kr) |
-13.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
475.70 Kč (2,837.44 kr) |
1,653.34 Kč (9,861.68 kr) |
+247.6 % |
Sports And Leisure | Czech Republic Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,237.49 Kč (7,381.25 kr) |
1,486.26 Kč (8,865.14 kr) |
+20.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
354.80 Kč (2,116.26 kr) |
712.24 Kč (4,248.33 kr) |
+100.7 % |
| Cinema, International Release, 1 Seat |
220.00 Kč (1,312.24 kr) |
335.31 Kč (2,000.00 kr) |
+52.4 % |
Childcare | Czech Republic Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
9,828.83 Kč (58,626.18 kr) |
6,293.44 Kč (37,538.56 kr) |
-36.0 % |
| International Primary School, Yearly for 1 Child |
200,570.00 Kč (1,196,343.24 kr) |
130,140.30 Kč (776,250.00 kr) |
-35.1 % |
Clothing And Shoes | Czech Republic Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,783.37 Kč (10,637.30 kr) |
2,718.28 Kč (16,213.77 kr) |
+52.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
883.91 Kč (5,272.27 kr) |
1,189.27 Kč (7,093.68 kr) |
+34.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,111.61 Kč (12,595.17 kr) |
3,519.62 Kč (20,993.55 kr) |
+66.7 % |
| 1 Pair of Men Leather Business Shoes |
2,473.23 Kč (14,752.11 kr) |
4,167.46 Kč (24,857.73 kr) |
+68.5 % |
Rent Per Month | Czech Republic Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
19,390.80 Kč (115,660.63 kr) |
40,692.49 Kč (242,719.20 kr) |
+109.9 % |
| Apartment (1 bedroom) Outside of Centre |
15,078.56 Kč (89,939.33 kr) |
36,221.57 Kč (216,051.39 kr) |
+140.2 % |
| Apartment (3 bedrooms) in City Centre |
32,340.36 Kč (192,901.07 kr) |
57,181.79 Kč (341,073.17 kr) |
+76.8 % |
| Apartment (3 bedrooms) Outside of Centre |
24,227.93 Kč (144,512.76 kr) |
51,804.64 Kč (309,000.00 kr) |
+113.8 % |
Buy Apartment Price | Czech Republic Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
10,304.20 Kč (61,461.62 kr) |
12,495.15 Kč (74,530.04 kr) |
+21.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
7,565.39 Kč (45,125.43 kr) |
10,104.85 Kč (60,272.54 kr) |
+33.6 % |
Salaries And Financing | Czech Republic Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
36,387.57 Kč (217,041.53 kr) |
97,321.78 Kč (580,496.86 kr) |
+167.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.75 | 7.37 | +28.2 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 835 | 199 |
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