Cost of Living Comparison Between Czech Republic and Iceland 
| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 94.3% higher than in Czech Republic (excluding rent) | |
| Cost of Living Including Rent in Iceland is 107.4% higher than in Czech Republic | |
| Rent Prices in Iceland are 147.8% higher than in Czech Republic | |
| Restaurant Prices in Iceland are 165.1% higher than in Czech Republic | |
| Groceries Prices in Iceland are 118.9% higher than in Czech Republic | |
| Local Purchasing Power in Iceland is 26.6% higher than in Czech Republic | |
Restaurants | Czech Republic Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
200.00 Kč (1,150.80 kr) |
538.75 Kč (3,100.00 kr) |
+169.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,000.00 Kč (5,754.02 kr) |
3,041.35 Kč (17,500.00 kr) |
+204.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
190.00 Kč (1,093.26 kr) |
434.48 Kč (2,500.00 kr) |
+128.7 % |
| Domestic Beer (1 pint draught) |
50.00 Kč (287.70 kr) |
260.69 Kč (1,500.00 kr) |
+421.4 % |
| Imported Beer (12 oz small bottle) |
60.00 Kč (345.24 kr) |
225.93 Kč (1,300.00 kr) |
+276.5 % |
| Cappuccino (regular) |
67.54 Kč (388.64 kr) |
130.43 Kč (750.49 kr) |
+93.1 % |
| Coke/Pepsi (12 oz small bottle) |
38.62 Kč (222.24 kr) |
71.12 Kč (409.22 kr) |
+84.1 % |
| Water (12 oz small bottle) |
31.86 Kč (183.32 kr) |
56.94 Kč (327.63 kr) |
+78.7 % |
Markets | Czech Republic Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
94.05 Kč (541.15 kr) |
152.36 Kč (876.70 kr) |
+62.0 % |
| Loaf of Fresh White Bread (1 lb) |
30.24 Kč (174.02 kr) |
79.27 Kč (456.11 kr) |
+162.1 % |
| Rice (white), (1 lb) |
23.37 Kč (134.45 kr) |
34.50 Kč (198.51 kr) |
+47.6 % |
| Eggs (regular) (12) |
66.60 Kč (383.24 kr) |
141.05 Kč (811.62 kr) |
+111.8 % |
| Local Cheese (1 lb) |
121.67 Kč (700.07 kr) |
178.96 Kč (1,029.73 kr) |
+47.1 % |
| Chicken Fillets (1 lb) |
89.34 Kč (514.08 kr) |
234.69 Kč (1,350.40 kr) |
+162.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
129.63 Kč (745.92 kr) |
404.38 Kč (2,326.81 kr) |
+211.9 % |
| Apples (1 lb) |
16.40 Kč (94.35 kr) |
30.44 Kč (175.18 kr) |
+85.7 % |
| Banana (1 lb) |
17.28 Kč (99.44 kr) |
24.32 Kč (139.94 kr) |
+40.7 % |
| Oranges (1 lb) |
21.37 Kč (122.94 kr) |
28.50 Kč (163.99 kr) |
+33.4 % |
| Tomato (1 lb) |
33.31 Kč (191.69 kr) |
49.84 Kč (286.79 kr) |
+49.6 % |
| Potato (1 lb) |
12.77 Kč (73.49 kr) |
35.30 Kč (203.14 kr) |
+176.4 % |
| Onion (1 lb) |
11.46 Kč (65.94 kr) |
21.95 Kč (126.29 kr) |
+91.5 % |
| Lettuce (1 head) |
32.10 Kč (184.70 kr) |
69.91 Kč (402.25 kr) |
+117.8 % |
| Water (1.5 liter bottle) |
16.77 Kč (96.50 kr) |
48.79 Kč (280.71 kr) |
+190.9 % |
| Bottle of Wine (Mid-Range) |
144.90 Kč (833.76 kr) |
521.37 Kč (3,000.00 kr) |
+259.8 % |
| Domestic Beer (0.5 liter bottle) |
21.12 Kč (121.53 kr) |
80.39 Kč (462.58 kr) |
+280.6 % |
| Imported Beer (12 oz small bottle) |
43.38 Kč (249.59 kr) |
67.62 Kč (389.06 kr) |
+55.9 % |
| Cigarettes 20 Pack (Marlboro) |
154.00 Kč (886.12 kr) |
299.79 Kč (1,725.00 kr) |
+94.7 % |
Transportation | Czech Republic Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
27.00 Kč (155.36 kr) |
112.96 Kč (650.00 kr) |
+318.4 % |
| Monthly Pass (Regular Price) |
550.00 Kč (3,164.71 kr) |
1,807.43 Kč (10,400.00 kr) |
+228.6 % |
| Taxi Start (Normal Tariff) |
50.00 Kč (287.70 kr) |
137.30 Kč (790.00 kr) |
+174.6 % |
| Taxi 1 mile (Normal Tariff) |
51.50 Kč (296.33 kr) |
90.62 Kč (521.43 kr) |
+76.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
360.00 Kč (2,071.45 kr) |
1,845.67 Kč (10,620.00 kr) |
+412.7 % |
| Gasoline (1 gallon) |
139.97 Kč (805.38 kr) |
205.42 Kč (1,182.00 kr) |
+46.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
600,000.00 Kč (3,452,413.64 kr) |
1,023,631.69 Kč (5,890,000.00 kr) |
+70.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
656,129.34 Kč (3,775,383.14 kr) |
1,158,609.72 Kč (6,666,666.67 kr) |
+76.6 % |
Utilities (Monthly) | Czech Republic Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
6,520.87 Kč (37,521.25 kr) |
1,898.61 Kč (10,924.64 kr) |
-70.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
616.32 Kč (3,546.30 kr) |
595.72 Kč (3,427.78 kr) |
-3.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
458.90 Kč (2,640.53 kr) |
1,784.53 Kč (10,268.20 kr) |
+288.9 % |
Sports And Leisure | Czech Republic Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,304.70 Kč (7,507.27 kr) |
1,749.78 Kč (10,068.26 kr) |
+34.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
380.48 Kč (2,189.31 kr) |
837.10 Kč (4,816.67 kr) |
+120.0 % |
| Cinema, International Release, 1 Seat |
235.00 Kč (1,352.20 kr) |
380.60 Kč (2,190.00 kr) |
+62.0 % |
Childcare | Czech Republic Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
12,484.39 Kč (71,835.47 kr) |
7,381.84 Kč (42,475.25 kr) |
-40.9 % |
| International Primary School, Yearly for 1 Child |
261,810.58 Kč (1,506,464.01 kr) |
650,726.49 Kč (3,744,295.00 kr) |
+148.5 % |
Clothing And Shoes | Czech Republic Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,857.08 Kč (10,685.69 kr) |
3,016.47 Kč (17,356.84 kr) |
+62.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
909.24 Kč (5,231.81 kr) |
1,292.36 Kč (7,436.25 kr) |
+42.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,085.22 Kč (11,998.39 kr) |
3,805.16 Kč (21,895.00 kr) |
+82.5 % |
| 1 Pair of Men Leather Business Shoes |
2,625.00 Kč (15,104.31 kr) |
5,159.16 Kč (29,685.94 kr) |
+96.5 % |
Rent Per Month | Czech Republic Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
18,150.93 Kč (104,440.89 kr) |
48,190.92 Kč (277,291.67 kr) |
+165.5 % |
| Apartment (1 bedroom) Outside of Centre |
14,772.52 Kč (85,001.41 kr) |
43,328.01 Kč (249,310.34 kr) |
+193.3 % |
| Apartment (3 bedrooms) in City Centre |
31,496.38 Kč (181,230.87 kr) |
68,467.15 Kč (393,961.54 kr) |
+117.4 % |
| Apartment (3 bedrooms) Outside of Centre |
23,885.02 Kč (137,434.96 kr) |
58,754.39 Kč (338,074.07 kr) |
+146.0 % |
Buy Apartment Price | Czech Republic Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
10,490.84 Kč (60,364.54 kr) |
14,879.52 Kč (85,617.11 kr) |
+41.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
7,782.39 Kč (44,780.06 kr) |
12,669.19 Kč (72,898.79 kr) |
+62.8 % |
Salaries And Financing | Czech Republic Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
36,504.54 Kč (210,047.98 kr) |
95,831.55 Kč (551,416.93 kr) |
+162.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.50 | 9.76 | +77.5 % |
| Last update: | April 2025 | March 2025 | |
| Contributors in the past 12 months: | 704 | 143 |
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