Cost of Living Comparison Between Czech Republic and Iceland 
| Indices Difference |  |
|---|---|
| Cost of Living in Iceland is 85.0% higher than in Czech Republic (without rent) | |
| Cost of Living Including Rent in Iceland is 95.4% higher than in Czech Republic | |
| Rent Prices in Iceland are 126.3% higher than in Czech Republic | |
| Restaurant Prices in Iceland are 151.9% higher than in Czech Republic | |
| Groceries Prices in Iceland are 110.4% higher than in Czech Republic | |
| Local Purchasing Power in Iceland is 39.0% higher than in Czech Republic | |
Restaurants | Czech Republic Edit |
Iceland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
200.00 Kč (1,164.83 kr) |
515.10 Kč (3,000.00 kr) |
+157.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,000.00 Kč (5,824.13 kr) |
2,853.85 Kč (16,621.20 kr) |
+185.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
190.00 Kč (1,106.58 kr) |
428.39 Kč (2,495.00 kr) |
+125.5 % |
| Domestic Beer (1 pint draught) |
50.00 Kč (291.21 kr) |
244.67 Kč (1,425.00 kr) |
+389.3 % |
| Imported Beer (12 oz small bottle) |
60.00 Kč (349.45 kr) |
206.04 Kč (1,200.00 kr) |
+243.4 % |
| Cappuccino (regular) |
66.37 Kč (386.57 kr) |
120.24 Kč (700.26 kr) |
+81.1 % |
| Coke/Pepsi (12 oz small bottle) |
38.81 Kč (226.06 kr) |
70.27 Kč (409.24 kr) |
+81.0 % |
| Water (12 oz small bottle) |
31.64 Kč (184.29 kr) |
52.36 Kč (304.93 kr) |
+65.5 % |
Markets | Czech Republic Edit |
Iceland Edit | |
| Milk (regular), (1 gallon) |
92.89 Kč (541.01 kr) |
149.51 Kč (870.78 kr) |
+61.0 % |
| Loaf of Fresh White Bread (1 lb) |
30.17 Kč (175.71 kr) |
75.25 Kč (438.29 kr) |
+149.4 % |
| Rice (white), (1 lb) |
23.70 Kč (138.05 kr) |
33.09 Kč (192.70 kr) |
+39.6 % |
| Eggs (regular) (12) |
64.66 Kč (376.59 kr) |
136.78 Kč (796.63 kr) |
+111.5 % |
| Local Cheese (1 lb) |
120.51 Kč (701.88 kr) |
166.56 Kč (970.05 kr) |
+38.2 % |
| Chicken Fillets (1 lb) |
90.38 Kč (526.36 kr) |
215.73 Kč (1,256.45 kr) |
+138.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
128.43 Kč (747.99 kr) |
372.77 Kč (2,171.06 kr) |
+190.3 % |
| Apples (1 lb) |
16.34 Kč (95.19 kr) |
32.11 Kč (187.02 kr) |
+96.5 % |
| Banana (1 lb) |
17.47 Kč (101.76 kr) |
24.06 Kč (140.12 kr) |
+37.7 % |
| Oranges (1 lb) |
21.33 Kč (124.24 kr) |
28.36 Kč (165.16 kr) |
+32.9 % |
| Tomato (1 lb) |
33.35 Kč (194.26 kr) |
50.15 Kč (292.08 kr) |
+50.4 % |
| Potato (1 lb) |
12.56 Kč (73.18 kr) |
34.99 Kč (203.77 kr) |
+178.5 % |
| Onion (1 lb) |
11.94 Kč (69.52 kr) |
20.41 Kč (118.86 kr) |
+71.0 % |
| Lettuce (1 head) |
32.05 Kč (186.69 kr) |
72.66 Kč (423.18 kr) |
+126.7 % |
| Water (1.5 liter bottle) |
16.43 Kč (95.71 kr) |
49.87 Kč (290.47 kr) |
+203.5 % |
| Bottle of Wine (Mid-Range) |
144.90 Kč (843.92 kr) |
515.10 Kč (3,000.00 kr) |
+255.5 % |
| Domestic Beer (0.5 liter bottle) |
20.49 Kč (119.32 kr) |
76.46 Kč (445.32 kr) |
+273.2 % |
| Imported Beer (12 oz small bottle) |
42.67 Kč (248.54 kr) |
64.62 Kč (376.38 kr) |
+51.4 % |
| Cigarettes 20 Pack (Marlboro) |
150.00 Kč (873.62 kr) |
288.28 Kč (1,679.00 kr) |
+92.2 % |
Transportation | Czech Republic Edit |
Iceland Edit | |
| One-way Ticket (Local Transport) |
28.00 Kč (163.08 kr) |
108.17 Kč (630.00 kr) |
+286.3 % |
| Monthly Pass (Regular Price) |
550.00 Kč (3,203.27 kr) |
1,785.67 Kč (10,400.00 kr) |
+224.7 % |
| Taxi Start (Normal Tariff) |
55.00 Kč (320.33 kr) |
133.07 Kč (775.00 kr) |
+141.9 % |
| Taxi 1 mile (Normal Tariff) |
51.50 Kč (299.94 kr) |
89.53 Kč (521.43 kr) |
+73.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
360.00 Kč (2,096.69 kr) |
1,823.45 Kč (10,620.00 kr) |
+406.5 % |
| Gasoline (1 gallon) |
140.94 Kč (820.86 kr) |
201.82 Kč (1,175.43 kr) |
+43.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
600,000.00 Kč (3,494,476.94 kr) |
1,011,310.15 Kč (5,890,000.00 kr) |
+68.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
641,224.41 Kč (3,734,573.18 kr) |
1,087,694.97 Kč (6,334,875.00 kr) |
+69.6 % |
Utilities (Monthly) | Czech Republic Edit |
Iceland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
6,656.41 Kč (38,767.78 kr) |
2,048.50 Kč (11,930.70 kr) |
-69.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
626.60 Kč (3,649.38 kr) |
596.66 Kč (3,475.00 kr) |
-4.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
461.59 Kč (2,688.36 kr) |
1,637.90 Kč (9,539.36 kr) |
+254.8 % |
Sports And Leisure | Czech Republic Edit |
Iceland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,277.33 Kč (7,439.32 kr) |
1,685.20 Kč (9,814.79 kr) |
+31.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
372.25 Kč (2,168.05 kr) |
738.98 Kč (4,303.89 kr) |
+98.5 % |
| Cinema, International Release, 1 Seat |
230.00 Kč (1,339.55 kr) |
351.13 Kč (2,045.00 kr) |
+52.7 % |
Childcare | Czech Republic Edit |
Iceland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
11,583.33 Kč (67,462.82 kr) |
6,490.89 Kč (37,803.75 kr) |
-44.0 % |
| International Primary School, Yearly for 1 Child |
246,605.10 Kč (1,436,259.74 kr) |
133,281.75 Kč (776,250.00 kr) |
-46.0 % |
Clothing And Shoes | Czech Republic Edit |
Iceland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,857.60 Kč (10,818.88 kr) |
2,772.01 Kč (16,144.54 kr) |
+49.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
888.52 Kč (5,174.88 kr) |
1,237.10 Kč (7,205.00 kr) |
+39.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,095.21 Kč (12,202.78 kr) |
3,678.63 Kč (21,424.82 kr) |
+75.6 % |
| 1 Pair of Men Leather Business Shoes |
2,590.86 Kč (15,089.50 kr) |
4,666.87 Kč (27,180.45 kr) |
+80.1 % |
Rent Per Month | Czech Republic Edit |
Iceland Edit | |
| Apartment (1 bedroom) in City Centre |
19,167.93 Kč (111,636.46 kr) |
45,202.42 Kč (263,264.71 kr) |
+135.8 % |
| Apartment (1 bedroom) Outside of Centre |
15,289.69 Kč (89,049.14 kr) |
40,096.89 Kč (233,529.41 kr) |
+162.2 % |
| Apartment (3 bedrooms) in City Centre |
32,509.16 Kč (189,337.51 kr) |
64,322.93 Kč (374,625.00 kr) |
+97.9 % |
| Apartment (3 bedrooms) Outside of Centre |
24,280.39 Kč (141,412.10 kr) |
56,902.29 Kč (331,406.25 kr) |
+134.4 % |
Buy Apartment Price | Czech Republic Edit |
Iceland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
10,735.57 Kč (62,525.35 kr) |
13,217.81 Kč (76,982.20 kr) |
+23.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
8,006.16 Kč (46,628.93 kr) |
11,047.38 Kč (64,341.38 kr) |
+38.0 % |
Salaries And Financing | Czech Republic Edit |
Iceland Edit | |
| Average Monthly Net Salary (After Tax) |
37,177.88 Kč (216,528.71 kr) |
100,988.48 Kč (588,169.83 kr) |
+171.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.61 | 8.30 | +47.9 % |
| Last update: | December 2024 | December 2024 | |
| Contributors in the past 12 months: | 1026 | 261 |
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