Cost of Living Comparison Between Iceland and Czech Republic 
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| Indices Difference |  |
|---|---|
| Cost of Living in Czech Republic is 48.3% lower than in Iceland (excluding rent) | |
| Cost of Living Including Rent in Czech Republic is 51.3% lower than in Iceland | |
| Rent Prices in Czech Republic are 58.6% lower than in Iceland | |
| Restaurant Prices in Czech Republic are 62.6% lower than in Iceland | |
| Groceries Prices in Czech Republic are 53.8% lower than in Iceland | |
| Local Purchasing Power in Czech Republic is 23.9% lower than in Iceland | |
Restaurants | Iceland Edit |
Czech Republic Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,300.00 kr (566.83 Kč) |
1,164.38 kr (200.00 Kč) |
-64.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
18,000.00 kr (3,091.78 Kč) |
5,821.88 kr (1,000.00 Kč) |
-67.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,500.00 kr (429.41 Kč) |
1,135.27 kr (195.00 Kč) |
-54.6 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (257.65 Kč) |
291.09 kr (50.00 Kč) |
-80.6 % |
| Imported Beer (12 oz small bottle) |
1,300.00 kr (223.30 Kč) |
349.31 kr (60.00 Kč) |
-73.1 % |
| Cappuccino (regular) |
743.35 kr (127.68 Kč) |
386.54 kr (66.39 Kč) |
-48.0 % |
| Coke/Pepsi (12 oz small bottle) |
407.34 kr (69.97 Kč) |
228.42 kr (39.23 Kč) |
-43.9 % |
| Water (12 oz small bottle) |
327.14 kr (56.19 Kč) |
191.87 kr (32.96 Kč) |
-41.4 % |
Markets | Iceland Edit |
Czech Republic Edit | |
| Milk (regular), (1 gallon) |
895.31 kr (153.78 Kč) |
558.63 kr (95.95 Kč) |
-37.6 % |
| Loaf of Fresh White Bread (1 lb) |
464.12 kr (79.72 Kč) |
182.51 kr (31.35 Kč) |
-60.7 % |
| Rice (white), (1 lb) |
198.72 kr (34.13 Kč) |
138.40 kr (23.77 Kč) |
-30.4 % |
| Eggs (regular) (12) |
789.74 kr (135.65 Kč) |
400.30 kr (68.76 Kč) |
-49.3 % |
| Local Cheese (1 lb) |
1,041.14 kr (178.83 Kč) |
712.43 kr (122.37 Kč) |
-31.6 % |
| Chicken Fillets (1 lb) |
1,372.92 kr (235.82 Kč) |
523.84 kr (89.98 Kč) |
-61.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,415.14 kr (414.84 Kč) |
757.23 kr (130.07 Kč) |
-68.6 % |
| Apples (1 lb) |
175.62 kr (30.17 Kč) |
93.58 kr (16.07 Kč) |
-46.7 % |
| Banana (1 lb) |
139.01 kr (23.88 Kč) |
101.11 kr (17.37 Kč) |
-27.3 % |
| Oranges (1 lb) |
163.94 kr (28.16 Kč) |
123.87 kr (21.28 Kč) |
-24.4 % |
| Tomato (1 lb) |
280.94 kr (48.26 Kč) |
195.81 kr (33.63 Kč) |
-30.3 % |
| Potato (1 lb) |
202.90 kr (34.85 Kč) |
77.79 kr (13.36 Kč) |
-61.7 % |
| Onion (1 lb) |
125.98 kr (21.64 Kč) |
63.92 kr (10.98 Kč) |
-49.3 % |
| Lettuce (1 head) |
390.38 kr (67.05 Kč) |
183.43 kr (31.51 Kč) |
-53.0 % |
| Water (1.5 liter bottle) |
278.73 kr (47.88 Kč) |
103.44 kr (17.77 Kč) |
-62.9 % |
| Bottle of Wine (Mid-Range) |
2,950.00 kr (506.71 Kč) |
843.59 kr (144.90 Kč) |
-71.4 % |
| Domestic Beer (0.5 liter bottle) |
458.18 kr (78.70 Kč) |
119.37 kr (20.50 Kč) |
-73.9 % |
| Imported Beer (12 oz small bottle) |
389.57 kr (66.92 Kč) |
251.49 kr (43.20 Kč) |
-35.4 % |
| Cigarettes 20 Pack (Marlboro) |
1,769.50 kr (303.94 Kč) |
922.77 kr (158.50 Kč) |
-47.9 % |
Transportation | Iceland Edit |
Czech Republic Edit | |
| One-way Ticket (Local Transport) |
650.00 kr (111.65 Kč) |
163.01 kr (28.00 Kč) |
-74.9 % |
| Monthly Pass (Regular Price) |
10,450.00 kr (1,794.95 Kč) |
3,202.03 kr (550.00 Kč) |
-69.4 % |
| Taxi Start (Normal Tariff) |
790.00 kr (135.70 Kč) |
291.09 kr (50.00 Kč) |
-63.2 % |
| Taxi 1 mile (Normal Tariff) |
521.43 kr (89.56 Kč) |
299.82 kr (51.50 Kč) |
-42.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
10,710.00 kr (1,839.61 Kč) |
2,095.88 kr (360.00 Kč) |
-80.4 % |
| Gasoline (1 gallon) |
1,180.71 kr (202.81 Kč) |
809.92 kr (139.12 Kč) |
-31.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,890,000.00 kr (1,011,700.71 Kč) |
3,644,496.82 kr (626,000.00 Kč) |
-38.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,666,666.67 kr (1,145,105.50 Kč) |
3,921,832.57 kr (673,636.80 Kč) |
-41.2 % |
Utilities (Monthly) | Iceland Edit |
Czech Republic Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,183.22 kr (1,920.90 Kč) |
38,435.79 kr (6,601.96 Kč) |
+243.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,430.36 kr (589.22 Kč) |
3,586.28 kr (616.00 Kč) |
+4.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
10,783.47 kr (1,852.23 Kč) |
2,669.47 kr (458.52 Kč) |
-75.2 % |
Sports And Leisure | Iceland Edit |
Czech Republic Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
10,227.00 kr (1,756.65 Kč) |
7,390.71 kr (1,269.47 Kč) |
-27.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,666.67 kr (801.57 Kč) |
2,204.85 kr (378.72 Kč) |
-52.8 % |
| Cinema, International Release, 1 Seat |
2,190.00 kr (376.17 Kč) |
1,339.03 kr (230.00 Kč) |
-38.9 % |
Childcare | Iceland Edit |
Czech Republic Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
43,630.30 kr (7,494.19 Kč) |
67,826.47 kr (11,650.27 Kč) |
+55.5 % |
| International Primary School, Yearly for 1 Child |
3,744,295.00 kr (643,141.92 Kč) |
1,461,537.29 kr (251,042.16 Kč) |
-61.0 % |
Clothing And Shoes | Iceland Edit |
Czech Republic Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
17,222.35 kr (2,958.21 Kč) |
10,617.03 kr (1,823.64 Kč) |
-38.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
7,915.00 kr (1,359.53 Kč) |
5,096.99 kr (875.49 Kč) |
-35.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
21,716.67 kr (3,730.18 Kč) |
12,118.42 kr (2,081.53 Kč) |
-44.2 % |
| 1 Pair of Men Leather Business Shoes |
31,581.25 kr (5,424.58 Kč) |
15,182.36 kr (2,607.81 Kč) |
-51.9 % |
Rent Per Month | Iceland Edit |
Czech Republic Edit | |
| Apartment (1 bedroom) in City Centre |
275,000.00 kr (47,235.60 Kč) |
104,713.79 kr (17,986.25 Kč) |
-61.9 % |
| Apartment (1 bedroom) Outside of Centre |
248,333.33 kr (42,655.18 Kč) |
83,591.78 kr (14,358.21 Kč) |
-66.3 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (67,669.13 Kč) |
190,794.69 kr (32,772.01 Kč) |
-51.6 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (58,069.57 Kč) |
140,335.95 kr (24,104.92 Kč) |
-58.5 % |
Buy Apartment Price | Iceland Edit |
Czech Republic Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
86,370.14 kr (14,835.44 Kč) |
62,892.82 kr (10,802.84 Kč) |
-27.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
73,243.00 kr (12,580.64 Kč) |
44,599.98 kr (7,660.75 Kč) |
-39.1 % |
Salaries And Financing | Iceland Edit |
Czech Republic Edit | |
| Average Monthly Net Salary (After Tax) |
563,658.59 kr (96,817.28 Kč) |
208,979.83 kr (35,895.59 Kč) |
-62.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.96 | 5.48 | -45.0 % |
| Last update: | 28 May 2025 | 6 June 2025 | |
| Contributors in the past 12 months: | 150 | 764 |
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