Cost of living comparison
Iceland is 71.9% more expensive than Czech Republic.
If you lived in Iceland instead of Czech Republic, you would:
pay 91.2% more for restaurants
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.39
Kč175.89
|
$17.84
kr2,506
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.56
Kč180.00
|
$14.27
kr2,005
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.48
Kč35.19
|
$2.32
kr326
|
|
| Bottle of water (11 fl. oz) |
$1.19
Kč28.42
|
$2.12
kr298
|
|
pay 73.5% more for groceries
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.39
Kč33.16
|
$3.42
kr481
|
|
| Local cheese (8 oz) |
$5.18
Kč123.35
|
$5.98
kr841
|
|
| Milk (1 gallon) |
$3.67
Kč87.24
|
$5.33
kr748
|
|
|
Eggs
1 dozen
|
$2.32
Kč55.18
|
$5.66
kr795
|
|
| Boneless chicken breast (1 lb) |
$3.42
Kč81.43
|
$7.09
kr997
|
|
| Apples (1 lb) |
$0.69
Kč16.51
|
$1.16
kr163
|
|
| Bananas (1 lb) |
$0.66
Kč15.82
|
$0.98
kr138
|
|
| Oranges (1 lb) |
$0.77
Kč18.37
|
$1.17
kr165
|
|
| Tomatoes (1 lb) |
$1.30
Kč30.94
|
$1.84
kr258
|
|
| Potatoes (1 lb) |
$0.44
Kč10.46
|
$0.96
kr134
|
|
| Onions (1 lb) |
$0.41
Kč9.79
|
$0.51
kr72
|
|
pay 2.0 times more for transportation
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.57
Kč180.28
|
$8.03
kr1,129
|
|
| Monthly public transit pass |
$20.53
Kč488.55
|
$77.40
kr10,876
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,012.86
Kč595,341.01
|
$29,836.83
kr4,192,672
|
|
| Taxi trip in downtown area (5 miles) |
$11.93
Kč283.92
|
$23.97
kr3,368
|
|
pay 2.1 times more for housing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.79
Kč494.86
|
$62.40
kr8,769
|
|
| 1-Bedroom apartment in downtown area |
$573.03
Kč13,638.93
|
$1,437.14
kr201,947
|
|
| 1-Bedroom apartment outside city center |
$491.37
Kč11,695.22
|
$1,215.63
kr170,820
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$198.81
Kč4,731.91
|
$68.63
kr9,644
|
|
pay 45.3% less for childcare
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$335.84
Kč7,993.50
|
$259.34
kr36,443
|
|
| Middle school for 1 child, two semesters |
$8,534.54
Kč203,133.96
|
$2,750.10
kr386,444
|
|
pay 2.1 times more for entertainment and sports
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.88
Kč44.73
|
$8.52
kr1,198
|
|
| Cappuccino in mid-range area |
$2.63
Kč62.66
|
$4.15
kr584
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.88
Kč140.00
|
$10.64
kr1,494
|
|
| Monthly membership at local gym |
$44.28
Kč1,053.88
|
$56.90
kr7,996
|
|
| Movie ticket to theater/cinema |
$8.32
Kč198.02
|
$12.27
kr1,725
|
|
pay 61.2% more for clothing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.47
Kč1,820.00
|
$118.08
kr16,592
|
|
|
Regular dress
from H&M or similar store
|
$37.50
Kč892.45
|
$50.39
kr7,081
|
|
|
Running shoes
Nike or Adidas
|
$84.38
Kč2,008.38
|
$151.12
kr21,235
|
|
| Men's business shoes (leather) |
$98.98
Kč2,355.88
|
$175.20
kr24,619
|
|
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