Cost of Living Comparison Between Czech Republic and Iceland 
| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 93.8% higher than in Czech Republic (excluding rent) | |
| Cost of Living Including Rent in Iceland is 105.7% higher than in Czech Republic | |
| Rent Prices in Iceland are 142.2% higher than in Czech Republic | |
| Restaurant Prices in Iceland are 168.2% higher than in Czech Republic | |
| Groceries Prices in Iceland are 117.1% higher than in Czech Republic | |
| Local Purchasing Power in Iceland is 31.4% higher than in Czech Republic | |
Restaurants | Czech Republic Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
200.00 Kč (1,162.03 kr) |
567.97 Kč (3,300.00 kr) |
+184.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,000.00 Kč (5,810.17 kr) |
3,098.02 Kč (18,000.00 kr) |
+209.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
195.00 Kč (1,132.98 kr) |
430.28 Kč (2,500.00 kr) |
+120.7 % |
| Domestic Beer (1 pint draught) |
50.00 Kč (290.51 kr) |
258.17 Kč (1,500.00 kr) |
+416.3 % |
| Imported Beer (12 oz small bottle) |
60.00 Kč (348.61 kr) |
223.75 Kč (1,300.00 kr) |
+272.9 % |
| Cappuccino (regular) |
66.39 Kč (385.76 kr) |
127.95 Kč (743.40 kr) |
+92.7 % |
| Coke/Pepsi (12 oz small bottle) |
39.23 Kč (227.96 kr) |
70.11 Kč (407.37 kr) |
+78.7 % |
| Water (12 oz small bottle) |
32.96 Kč (191.48 kr) |
56.31 Kč (327.18 kr) |
+70.9 % |
Markets | Czech Republic Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
95.95 Kč (557.51 kr) |
154.09 Kč (895.31 kr) |
+60.6 % |
| Loaf of Fresh White Bread (1 lb) |
31.35 Kč (182.14 kr) |
79.88 Kč (464.12 kr) |
+154.8 % |
| Rice (white), (1 lb) |
23.77 Kč (138.12 kr) |
34.20 Kč (198.72 kr) |
+43.9 % |
| Eggs (regular) (12) |
68.76 Kč (399.50 kr) |
135.92 Kč (789.74 kr) |
+97.7 % |
| Local Cheese (1 lb) |
122.37 Kč (711.00 kr) |
179.19 Kč (1,041.14 kr) |
+46.4 % |
| Chicken Fillets (1 lb) |
89.98 Kč (522.79 kr) |
236.30 Kč (1,372.92 kr) |
+162.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
130.07 Kč (755.71 kr) |
415.68 Kč (2,415.14 kr) |
+219.6 % |
| Apples (1 lb) |
16.07 Kč (93.39 kr) |
30.23 Kč (175.62 kr) |
+88.1 % |
| Banana (1 lb) |
17.37 Kč (100.91 kr) |
23.92 Kč (139.01 kr) |
+37.8 % |
| Oranges (1 lb) |
21.28 Kč (123.63 kr) |
28.22 Kč (163.94 kr) |
+32.6 % |
| Tomato (1 lb) |
33.63 Kč (195.41 kr) |
48.35 Kč (280.94 kr) |
+43.8 % |
| Potato (1 lb) |
13.36 Kč (77.64 kr) |
34.92 Kč (202.90 kr) |
+161.3 % |
| Onion (1 lb) |
10.98 Kč (63.80 kr) |
21.68 Kč (125.99 kr) |
+97.5 % |
| Lettuce (1 head) |
31.51 Kč (183.06 kr) |
67.19 Kč (390.38 kr) |
+113.3 % |
| Water (1.5 liter bottle) |
17.77 Kč (103.23 kr) |
47.98 Kč (278.75 kr) |
+170.0 % |
| Bottle of Wine (Mid-Range) |
144.90 Kč (841.89 kr) |
507.73 Kč (2,950.00 kr) |
+250.4 % |
| Domestic Beer (0.5 liter bottle) |
20.50 Kč (119.13 kr) |
78.86 Kč (458.18 kr) |
+284.6 % |
| Imported Beer (12 oz small bottle) |
43.20 Kč (250.98 kr) |
67.05 Kč (389.57 kr) |
+55.2 % |
| Cigarettes 20 Pack (Marlboro) |
158.50 Kč (920.91 kr) |
304.55 Kč (1,769.50 kr) |
+92.1 % |
Transportation | Czech Republic Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
28.00 Kč (162.68 kr) |
111.87 Kč (650.00 kr) |
+299.5 % |
| Monthly Pass (Regular Price) |
550.00 Kč (3,195.59 kr) |
1,798.57 Kč (10,450.00 kr) |
+227.0 % |
| Taxi Start (Normal Tariff) |
50.00 Kč (290.51 kr) |
135.97 Kč (790.00 kr) |
+171.9 % |
| Taxi 1 mile (Normal Tariff) |
51.50 Kč (299.22 kr) |
89.74 Kč (521.43 kr) |
+74.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
360.00 Kč (2,091.66 kr) |
1,843.32 Kč (10,710.00 kr) |
+412.0 % |
| Gasoline (1 gallon) |
139.12 Kč (808.29 kr) |
203.22 Kč (1,180.71 kr) |
+46.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
626,000.00 Kč (3,637,165.40 kr) |
1,013,739.99 Kč (5,890,000.00 kr) |
+61.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
673,636.80 Kč (3,913,943.25 kr) |
1,147,413.68 Kč (6,666,666.67 kr) |
+70.3 % |
Utilities (Monthly) | Czech Republic Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
6,601.96 Kč (38,358.47 kr) |
1,924.77 Kč (11,183.22 kr) |
-70.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
616.00 Kč (3,579.06 kr) |
590.41 Kč (3,430.36 kr) |
-4.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
458.52 Kč (2,664.10 kr) |
1,855.97 Kč (10,783.47 kr) |
+304.8 % |
Sports And Leisure | Czech Republic Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,269.47 Kč (7,375.83 kr) |
1,760.19 Kč (10,227.00 kr) |
+38.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
378.72 Kč (2,200.41 kr) |
803.19 Kč (4,666.67 kr) |
+112.1 % |
| Cinema, International Release, 1 Seat |
230.00 Kč (1,336.34 kr) |
376.93 Kč (2,190.00 kr) |
+63.9 % |
Childcare | Czech Republic Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
11,650.27 Kč (67,690.02 kr) |
7,509.30 Kč (43,630.30 kr) |
-35.5 % |
| International Primary School, Yearly for 1 Child |
251,042.16 Kč (1,458,597.20 kr) |
644,438.30 Kč (3,744,295.00 kr) |
+156.7 % |
Clothing And Shoes | Czech Republic Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,823.63 Kč (10,595.62 kr) |
2,964.17 Kč (17,222.35 kr) |
+62.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
875.48 Kč (5,086.71 kr) |
1,362.27 Kč (7,915.00 kr) |
+55.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,081.53 Kč (12,094.02 kr) |
3,737.70 Kč (21,716.67 kr) |
+79.6 % |
| 1 Pair of Men Leather Business Shoes |
2,607.81 Kč (15,151.82 kr) |
5,435.51 Kč (31,581.25 kr) |
+108.4 % |
Rent Per Month | Czech Republic Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
17,986.13 Kč (104,502.44 kr) |
47,330.81 Kč (275,000.00 kr) |
+163.2 % |
| Apartment (1 bedroom) Outside of Centre |
14,357.97 Kč (83,422.20 kr) |
42,741.16 Kč (248,333.33 kr) |
+197.7 % |
| Apartment (3 bedrooms) in City Centre |
32,771.88 Kč (190,410.14 kr) |
67,805.53 Kč (393,961.54 kr) |
+106.9 % |
| Apartment (3 bedrooms) Outside of Centre |
24,104.92 Kč (140,053.64 kr) |
58,186.62 Kč (338,074.07 kr) |
+141.4 % |
Buy Apartment Price | Czech Republic Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
10,803.30 Kč (62,769.01 kr) |
14,865.34 Kč (86,370.14 kr) |
+37.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
7,660.94 Kč (44,511.33 kr) |
12,606.00 Kč (73,243.00 kr) |
+64.5 % |
Salaries And Financing | Czech Republic Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
35,895.48 Kč (208,558.80 kr) |
96,990.62 Kč (563,531.86 kr) |
+170.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.48 | 9.96 | +81.8 % |
| Last update: | 6 June 2025 | 28 May 2025 | |
| Contributors in the past 12 months: | 764 | 150 |
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