Cost of Living Comparison Between Iceland and Czech Republic 
| Indices Difference |  |
|---|---|
| Consumer Prices in Czech Republic are 42.5% lower than in Iceland (without rent) | |
| Consumer Prices Including Rent in Czech Republic are 44.4% lower than in Iceland | |
| Rent Prices in Czech Republic are 48.8% lower than in Iceland | |
| Restaurant Prices in Czech Republic are 60.0% lower than in Iceland | |
| Groceries Prices in Czech Republic are 48.5% lower than in Iceland | |
| Local Purchasing Power in Czech Republic is 33.8% lower than in Iceland | |
Restaurants | Iceland Edit |
Czech Republic Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (499.96 Kč) |
1,200.09 kr (200.00 Kč) |
-60.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
16,000.00 kr (2,666.47 Kč) |
6,000.45 kr (1,000.00 Kč) |
-62.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,299.50 kr (383.22 Kč) |
1,080.08 kr (180.00 Kč) |
-53.0 % |
| Domestic Beer (1 pint draught) |
1,450.00 kr (241.65 Kč) |
300.02 kr (50.00 Kč) |
-79.3 % |
| Imported Beer (12 oz small bottle) |
1,200.00 kr (199.99 Kč) |
360.03 kr (60.00 Kč) |
-70.0 % |
| Cappuccino (regular) |
684.27 kr (114.04 Kč) |
382.55 kr (63.75 Kč) |
-44.1 % |
| Coke/Pepsi (12 oz small bottle) |
392.91 kr (65.48 Kč) |
219.27 kr (36.54 Kč) |
-44.2 % |
| Water (12 oz small bottle) |
295.61 kr (49.26 Kč) |
200.03 kr (33.34 Kč) |
-32.3 % |
Markets | Iceland Edit |
Czech Republic Edit | |
| Milk (regular), (1 gallon) |
851.36 kr (141.88 Kč) |
533.59 kr (88.92 Kč) |
-37.3 % |
| Loaf of Fresh White Bread (1 lb) |
436.03 kr (72.67 Kč) |
198.17 kr (33.03 Kč) |
-54.6 % |
| Rice (white), (1 lb) |
200.69 kr (33.45 Kč) |
152.61 kr (25.43 Kč) |
-24.0 % |
| Eggs (regular) (12) |
799.63 kr (133.26 Kč) |
376.98 kr (62.82 Kč) |
-52.9 % |
| Local Cheese (1 lb) |
922.17 kr (153.68 Kč) |
730.42 kr (121.73 Kč) |
-20.8 % |
| Chicken Fillets (1 lb) |
1,174.00 kr (195.65 Kč) |
534.81 kr (89.13 Kč) |
-54.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,944.92 kr (324.13 Kč) |
803.09 kr (133.84 Kč) |
-58.7 % |
| Apples (1 lb) |
197.01 kr (32.83 Kč) |
100.01 kr (16.67 Kč) |
-49.2 % |
| Banana (1 lb) |
139.16 kr (23.19 Kč) |
105.53 kr (17.59 Kč) |
-24.2 % |
| Oranges (1 lb) |
171.20 kr (28.53 Kč) |
131.64 kr (21.94 Kč) |
-23.1 % |
| Tomato (1 lb) |
292.63 kr (48.77 Kč) |
188.81 kr (31.47 Kč) |
-35.5 % |
| Potato (1 lb) |
192.76 kr (32.12 Kč) |
73.76 kr (12.29 Kč) |
-61.7 % |
| Onion (1 lb) |
120.36 kr (20.06 Kč) |
80.99 kr (13.50 Kč) |
-32.7 % |
| Lettuce (1 head) |
434.00 kr (72.33 Kč) |
181.95 kr (30.32 Kč) |
-58.1 % |
| Water (1.5 liter bottle) |
293.59 kr (48.93 Kč) |
98.46 kr (16.41 Kč) |
-66.5 % |
| Bottle of Wine (Mid-Range) |
2,750.00 kr (458.30 Kč) |
900.07 kr (150.00 Kč) |
-67.3 % |
| Domestic Beer (0.5 liter bottle) |
439.70 kr (73.28 Kč) |
128.56 kr (21.43 Kč) |
-70.8 % |
| Imported Beer (12 oz small bottle) |
369.58 kr (61.59 Kč) |
232.44 kr (38.74 Kč) |
-37.1 % |
| Cigarettes 20 Pack (Marlboro) |
1,600.00 kr (266.65 Kč) |
864.06 kr (144.00 Kč) |
-46.0 % |
Transportation | Iceland Edit |
Czech Republic Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (94.99 Kč) |
180.01 kr (30.00 Kč) |
-68.4 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (1,549.88 Kč) |
3,300.25 kr (550.00 Kč) |
-64.5 % |
| Taxi Start (Normal Tariff) |
730.00 kr (121.66 Kč) |
300.02 kr (50.00 Kč) |
-58.9 % |
| Taxi 1 mile (Normal Tariff) |
487.63 kr (81.27 Kč) |
289.70 kr (48.28 Kč) |
-40.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,360.00 kr (1,559.88 Kč) |
2,160.16 kr (360.00 Kč) |
-76.9 % |
| Gasoline (1 gallon) |
1,178.79 kr (196.45 Kč) |
863.47 kr (143.90 Kč) |
-26.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,290,000.00 kr (881,601.00 Kč) |
3,600,268.14 kr (600,000.00 Kč) |
-31.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
5,774,916.67 kr (962,414.43 Kč) |
3,812,773.00 kr (635,414.84 Kč) |
-34.0 % |
Utilities (Monthly) | Iceland Edit |
Czech Republic Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
14,762.77 kr (2,460.28 Kč) |
40,457.19 kr (6,742.36 Kč) |
+174.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,320.53 kr (553.38 Kč) |
3,863.10 kr (643.80 Kč) |
+16.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,867.90 kr (1,644.53 Kč) |
2,915.67 kr (485.91 Kč) |
-70.5 % |
Sports And Leisure | Iceland Edit |
Czech Republic Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
8,865.14 kr (1,477.41 Kč) |
7,695.78 kr (1,282.53 Kč) |
-13.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,248.33 kr (708.00 Kč) |
2,214.76 kr (369.10 Kč) |
-47.9 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (333.31 Kč) |
1,320.10 kr (220.00 Kč) |
-34.0 % |
Childcare | Iceland Edit |
Czech Republic Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
36,663.56 kr (6,110.14 Kč) |
60,282.27 kr (10,046.30 Kč) |
+64.4 % |
| International Primary School, Yearly for 1 Child |
776,250.00 kr (129,365.36 Kč) |
1,218,320.97 kr (203,038.37 Kč) |
+56.9 % |
Clothing And Shoes | Iceland Edit |
Czech Republic Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
16,025.31 kr (2,670.69 Kč) |
10,901.48 kr (1,816.78 Kč) |
-32.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,962.11 kr (1,160.26 Kč) |
5,339.95 kr (889.92 Kč) |
-23.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
21,026.67 kr (3,504.18 Kč) |
12,993.49 kr (2,165.42 Kč) |
-38.2 % |
| 1 Pair of Men Leather Business Shoes |
24,089.05 kr (4,014.54 Kč) |
14,974.59 kr (2,495.58 Kč) |
-37.8 % |
Rent Per Month | Iceland Edit |
Czech Republic Edit | |
| Apartment (1 bedroom) in City Centre |
242,702.09 kr (40,447.33 Kč) |
116,424.22 kr (19,402.59 Kč) |
-52.0 % |
| Apartment (1 bedroom) Outside of Centre |
216,070.92 kr (36,009.14 Kč) |
90,655.56 kr (15,108.13 Kč) |
-58.0 % |
| Apartment (3 bedrooms) in City Centre |
341,073.17 kr (56,841.29 Kč) |
209,846.21 kr (34,971.76 Kč) |
-38.5 % |
| Apartment (3 bedrooms) Outside of Centre |
308,918.92 kr (51,482.65 Kč) |
150,832.70 kr (25,136.91 Kč) |
-51.2 % |
Buy Apartment Price | Iceland Edit |
Czech Republic Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
73,973.43 kr (12,327.99 Kč) |
62,060.36 kr (10,342.62 Kč) |
-16.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
60,044.24 kr (10,006.63 Kč) |
45,360.23 kr (7,559.48 Kč) |
-24.5 % |
Salaries And Financing | Iceland Edit |
Czech Republic Edit | |
| Average Monthly Net Salary (After Tax) |
583,779.42 kr (97,289.32 Kč) |
214,822.08 kr (35,801.01 Kč) |
-63.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.37 | 5.76 | -21.9 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 199 | 826 |
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