Cost of Living Comparison Between Iceland and Czech Republic 
| Indices Difference |  |
|---|---|
| Cost of Living in Czech Republic is 48.4% lower than in Iceland (excluding rent) | |
| Cost of Living Including Rent in Czech Republic is 51.6% lower than in Iceland | |
| Rent Prices in Czech Republic are 59.5% lower than in Iceland | |
| Restaurant Prices in Czech Republic are 62.2% lower than in Iceland | |
| Groceries Prices in Czech Republic are 54.2% lower than in Iceland | |
| Local Purchasing Power in Czech Republic is 20.9% lower than in Iceland | |
Restaurants | Iceland Edit |
Czech Republic Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,100.00 kr (537.31 Kč) |
1,153.90 kr (200.00 Kč) |
-62.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,500.00 kr (3,033.20 Kč) |
5,769.48 kr (1,000.00 Kč) |
-67.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,500.00 kr (433.31 Kč) |
1,096.20 kr (190.00 Kč) |
-56.2 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (259.99 Kč) |
288.47 kr (50.00 Kč) |
-80.8 % |
| Imported Beer (12 oz small bottle) |
1,300.00 kr (225.32 Kč) |
346.17 kr (60.00 Kč) |
-73.4 % |
| Cappuccino (regular) |
751.26 kr (130.21 Kč) |
389.68 kr (67.54 Kč) |
-48.1 % |
| Coke/Pepsi (12 oz small bottle) |
409.70 kr (71.01 Kč) |
222.55 kr (38.57 Kč) |
-45.7 % |
| Water (12 oz small bottle) |
328.09 kr (56.87 Kč) |
183.56 kr (31.82 Kč) |
-44.1 % |
Markets | Iceland Edit |
Czech Republic Edit | |
| Milk (regular), (1 gallon) |
876.70 kr (151.95 Kč) |
542.05 kr (93.95 Kč) |
-38.2 % |
| Loaf of Fresh White Bread (1 lb) |
456.11 kr (79.05 Kč) |
174.15 kr (30.18 Kč) |
-61.8 % |
| Rice (white), (1 lb) |
198.51 kr (34.41 Kč) |
135.35 kr (23.46 Kč) |
-31.8 % |
| Eggs (regular) (12) |
811.62 kr (140.67 Kč) |
384.08 kr (66.57 Kč) |
-52.7 % |
| Local Cheese (1 lb) |
1,029.73 kr (178.48 Kč) |
700.99 kr (121.50 Kč) |
-31.9 % |
| Chicken Fillets (1 lb) |
1,350.40 kr (234.06 Kč) |
516.04 kr (89.44 Kč) |
-61.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,326.81 kr (403.30 Kč) |
746.44 kr (129.38 Kč) |
-67.9 % |
| Apples (1 lb) |
175.18 kr (30.36 Kč) |
94.77 kr (16.43 Kč) |
-45.9 % |
| Banana (1 lb) |
139.94 kr (24.26 Kč) |
99.49 kr (17.24 Kč) |
-28.9 % |
| Oranges (1 lb) |
163.99 kr (28.42 Kč) |
123.43 kr (21.39 Kč) |
-24.7 % |
| Tomato (1 lb) |
286.79 kr (49.71 Kč) |
192.65 kr (33.39 Kč) |
-32.8 % |
| Potato (1 lb) |
203.14 kr (35.21 Kč) |
73.48 kr (12.74 Kč) |
-63.8 % |
| Onion (1 lb) |
126.41 kr (21.91 Kč) |
66.36 kr (11.50 Kč) |
-47.5 % |
| Lettuce (1 head) |
402.25 kr (69.72 Kč) |
185.48 kr (32.15 Kč) |
-53.9 % |
| Water (1.5 liter bottle) |
280.99 kr (48.70 Kč) |
96.81 kr (16.78 Kč) |
-65.5 % |
| Bottle of Wine (Mid-Range) |
3,000.00 kr (519.98 Kč) |
836.00 kr (144.90 Kč) |
-72.1 % |
| Domestic Beer (0.5 liter bottle) |
462.58 kr (80.18 Kč) |
121.60 kr (21.08 Kč) |
-73.7 % |
| Imported Beer (12 oz small bottle) |
389.06 kr (67.43 Kč) |
250.39 kr (43.40 Kč) |
-35.6 % |
| Cigarettes 20 Pack (Marlboro) |
1,725.00 kr (298.99 Kč) |
888.50 kr (154.00 Kč) |
-48.5 % |
Transportation | Iceland Edit |
Czech Republic Edit | |
| One-way Ticket (Local Transport) |
650.00 kr (112.66 Kč) |
158.66 kr (27.50 Kč) |
-75.6 % |
| Monthly Pass (Regular Price) |
10,400.00 kr (1,802.59 Kč) |
3,173.22 kr (550.00 Kč) |
-69.5 % |
| Taxi Start (Normal Tariff) |
790.00 kr (136.93 Kč) |
288.47 kr (50.00 Kč) |
-63.5 % |
| Taxi 1 mile (Normal Tariff) |
521.43 kr (90.38 Kč) |
297.12 kr (51.50 Kč) |
-43.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
10,620.00 kr (1,840.72 Kč) |
2,077.01 kr (360.00 Kč) |
-80.4 % |
| Gasoline (1 gallon) |
1,182.00 kr (204.87 Kč) |
807.28 kr (139.92 Kč) |
-31.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,890,000.00 kr (1,020,888.44 Kč) |
3,461,690.70 kr (600,000.00 Kč) |
-41.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,666,666.67 kr (1,155,504.74 Kč) |
3,779,510.44 kr (655,086.33 Kč) |
-43.3 % |
Utilities (Monthly) | Iceland Edit |
Czech Republic Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
10,924.64 kr (1,893.52 Kč) |
37,538.11 kr (6,506.32 Kč) |
+243.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,427.78 kr (594.12 Kč) |
3,560.47 kr (617.12 Kč) |
+3.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
10,267.89 kr (1,779.69 Kč) |
2,642.64 kr (458.04 Kč) |
-74.3 % |
Sports And Leisure | Iceland Edit |
Czech Republic Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
10,068.26 kr (1,745.09 Kč) |
7,544.50 kr (1,307.66 Kč) |
-25.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,816.67 kr (834.85 Kč) |
2,180.80 kr (377.99 Kč) |
-54.7 % |
| Cinema, International Release, 1 Seat |
2,190.00 kr (379.58 Kč) |
1,355.83 kr (235.00 Kč) |
-38.1 % |
Childcare | Iceland Edit |
Czech Republic Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
42,475.25 kr (7,362.05 Kč) |
71,794.41 kr (12,443.82 Kč) |
+69.0 % |
| International Primary School, Yearly for 1 Child |
3,744,295.00 kr (648,982.59 Kč) |
1,497,707.27 kr (259,591.18 Kč) |
-60.0 % |
Clothing And Shoes | Iceland Edit |
Czech Republic Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
17,356.84 kr (3,008.39 Kč) |
10,749.18 kr (1,863.11 Kč) |
-38.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
7,436.25 kr (1,288.89 Kč) |
5,250.79 kr (910.10 Kč) |
-29.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
21,895.00 kr (3,794.97 Kč) |
12,045.57 kr (2,087.81 Kč) |
-45.0 % |
| 1 Pair of Men Leather Business Shoes |
29,685.94 kr (5,145.34 Kč) |
15,130.62 kr (2,622.53 Kč) |
-49.0 % |
Rent Per Month | Iceland Edit |
Czech Republic Edit | |
| Apartment (1 bedroom) in City Centre |
277,291.67 kr (48,061.78 Kč) |
104,954.43 kr (18,191.30 Kč) |
-62.2 % |
| Apartment (1 bedroom) Outside of Centre |
249,310.34 kr (43,211.89 Kč) |
85,645.96 kr (14,844.65 Kč) |
-65.6 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (68,283.66 Kč) |
180,770.16 kr (31,332.12 Kč) |
-54.1 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (58,596.93 Kč) |
138,682.23 kr (24,037.20 Kč) |
-59.0 % |
Buy Apartment Price | Iceland Edit |
Czech Republic Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
85,617.11 kr (14,839.65 Kč) |
60,437.48 kr (10,475.37 Kč) |
-29.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
72,898.79 kr (12,635.23 Kč) |
44,729.62 kr (7,752.79 Kč) |
-38.6 % |
Salaries And Financing | Iceland Edit |
Czech Republic Edit | |
| Average Monthly Net Salary (After Tax) |
551,378.66 kr (95,568.10 Kč) |
210,857.55 kr (36,547.04 Kč) |
-61.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.76 | 5.49 | -43.7 % |
| Last update: | March 2025 | April 2025 | |
| Contributors in the past 12 months: | 143 | 702 |
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