Cost of living comparison
Reykjavik is 58.5% more expensive than Prague.
If you lived in Reykjavik instead of Prague, you would:
pay 83.3% more for restaurants
Prague
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$9.61
CZK218.35
|
$21.59
ISK2,985
|
|
Fast food combo meal
McDonalds, or similar
|
$8.74
CZK198.50
|
$17.27
ISK2,388
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.67
CZK37.99
|
$2.90
ISK401
|
|
Bottle of water (11 fl. oz) |
$1.51
CZK34.22
|
$2.07
ISK287
|
|
pay 81.3% more for groceries
Prague
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.55
CZK35.20
|
$3.68
ISK510
|
|
Local cheese (8 oz) |
$6.25
CZK142.07
|
$7.66
ISK1,059
|
|
Milk (1 gallon) |
$3.95
CZK89.66
|
$6.16
ISK852
|
|
Eggs
1 dozen
|
$2.61
CZK59.26
|
$5.91
ISK818
|
|
Boneless chicken breast (1 lb) |
$4.08
CZK92.62
|
$8.87
ISK1,227
|
|
Apples (1 lb) |
$0.77
CZK17.38
|
$1.53
ISK211
|
|
Bananas (1 lb) |
$0.74
CZK16.91
|
$0.97
ISK134
|
|
Oranges (1 lb) |
$0.95
CZK21.62
|
$1.26
ISK174
|
|
Tomatoes (1 lb) |
$1.43
CZK32.50
|
$2.23
ISK308
|
|
Potatoes (1 lb) |
$0.58
CZK13.08
|
$1.42
ISK196
|
|
Onions (1 lb) |
$0.60
CZK13.53
|
$1.01
ISK140
|
|
pay 88.3% more for transportation
Prague
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.44
CZK146.31
|
$8.57
ISK1,186
|
|
Monthly public transit pass |
$24.03
CZK545.87
|
$66.92
ISK9,254
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,867.69
CZK610,380.07
|
$41,660.67
ISK5,761,254
|
|
Taxi trip in downtown area (5 miles) |
$12.49
CZK283.85
|
$23.30
ISK3,222
|
|
pay 82.5% more for housing
Prague
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$21.58
CZK490.36
|
$68.45
ISK9,466
|
|
1-Bedroom apartment in downtown area |
$1,071.02
CZK24,331.38
|
$1,864.13
ISK257,791
|
|
1-Bedroom apartment outside city center |
$788.65
CZK17,916.47
|
$1,666.20
ISK230,418
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$233.34
CZK5,301.06
|
$64.43
ISK8,911
|
|
pay 58.0% less for childcare
Prague
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$723.05
CZK16,426.23
|
$240.37
ISK33,240
|
|
Middle school for 1 child, two semesters |
$11,769.87
CZK267,387.92
|
$5,984.07
ISK827,538
|
|
pay 99.5% more for entertainment and sports
Prague
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.60
CZK59.05
|
$10.79
ISK1,493
|
|
Cappuccino in mid-range area |
$3.13
CZK71.14
|
$5.09
ISK704
|
|
Pack of cigarettes
Marlboro or similar
|
$6.55
CZK148.87
|
$11.87
ISK1,642
|
|
Monthly membership at local gym |
$61.39
CZK1,394.70
|
$65.50
ISK9,058
|
|
Movie ticket to theater/cinema |
$10.92
CZK248.12
|
$14.39
ISK1,990
|
|
pay 32.8% more for clothing
Prague
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$83.11
CZK1,888.05
|
$103.94
ISK14,374
|
|
Regular dress
from H&M or similar store
|
$39.28
CZK892.45
|
$43.50
ISK6,015
|
|
Running shoes
Nike or Adidas
|
$98.13
CZK2,229.24
|
$141.47
ISK19,564
|
|
Men's business shoes (leather) |
$115.55
CZK2,624.97
|
$174.65
ISK24,153
|
|
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