Cost of living comparison
Iceland is 87.6% more expensive than Czech Republic overall.
- Restaurants
-
pay 2.0 times more in Iceland
- Groceries
-
pay 80.5% more in Iceland
- Transportation
-
pay 99.0% more in Iceland
- Housing
-
pay 2.5 times more in Iceland
- Childcare
-
pay 26.9% less in Iceland
- Entertainment and Sports
-
pay 2.3 times more in Iceland
- Clothing
-
pay 78.2% more in Iceland
The cost of housing, entertainment and sports, restaurants, transportation, groceries, and clothing in Iceland are more expensive than in Czech Republic. Notably, housing, entertainment and sports, and restaurants are significantly more expensive in Iceland.
If you lived in Iceland instead of Czech Republic, you would:
pay 2.0 times more for restaurants
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.70
CZK169.62
|
$19.40
ISK2,475
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.61
CZK167.80
|
$16.94
ISK2,162
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
CZK35.11
|
$2.81
ISK359
|
|
| Bottle of water (11 fl. oz) |
$1.35
CZK29.76
|
$2.02
ISK258
|
|
pay 80.5% more for groceries
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.29
CZK28.37
|
$2.95
ISK377
|
|
| Local cheese (8 oz) |
$5.47
CZK120.45
|
$7.27
ISK927
|
|
| Milk (1 gallon) |
$3.90
CZK85.84
|
$6.01
ISK766
|
|
|
Eggs
1 dozen
|
$2.64
CZK58.22
|
$5.42
ISK692
|
|
| Boneless chicken breast (1 lb) |
$3.73
CZK82.12
|
$8.51
ISK1,086
|
|
| Apples (1 lb) |
$0.62
CZK13.59
|
$1.22
ISK156
|
|
| Bananas (1 lb) |
$0.71
CZK15.61
|
$1.03
ISK131
|
|
| Oranges (1 lb) |
$0.88
CZK19.34
|
$1.17
ISK149
|
|
| Tomatoes (1 lb) |
$1.29
CZK28.48
|
$1.87
ISK239
|
|
| Potatoes (1 lb) |
$0.51
CZK11.13
|
$1.23
ISK158
|
|
| Onions (1 lb) |
$0.46
CZK10.25
|
$0.78
ISK100
|
|
pay 99.0% more for transportation
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.95
CZK131.21
|
$8.36
ISK1,067
|
|
| Monthly public transit pass |
$21.06
CZK464.24
|
$71.28
ISK9,096
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,453.98
CZK693,214.84
|
$40,660.66
ISK5,188,707
|
|
| Taxi trip in downtown area (5 miles) |
$11.74
CZK258.71
|
$22.04
ISK2,812
|
|
pay 2.5 times more for housing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$18.70
CZK412.03
|
$72.17
ISK9,210
|
|
| 1-Bedroom apartment in downtown area |
$610.48
CZK13,454.35
|
$1,838.04
ISK234,552
|
|
| 1-Bedroom apartment outside city center |
$493.17
CZK10,868.97
|
$1,497.77
ISK191,130
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$198.15
CZK4,367.01
|
$58.01
ISK7,403
|
|
pay 26.9% less for childcare
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$363.72
CZK8,015.99
|
$258.16
ISK32,944
|
|
| Middle school for 1 child, two semesters |
$7,967.34
CZK175,592.47
|
$5,993.99
ISK764,894
|
|
pay 2.3 times more for entertainment and sports
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.90
CZK41.86
|
$9.19
ISK1,172
|
|
| Cappuccino in mid-range area |
$2.60
CZK57.30
|
$4.65
ISK593
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.46
CZK142.43
|
$11.76
ISK1,500
|
|
| Monthly membership at local gym |
$47.23
CZK1,040.80
|
$61.46
ISK7,843
|
|
| Movie ticket to theater/cinema |
$8.95
CZK197.17
|
$14.35
ISK1,831
|
|
pay 78.2% more for clothing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$69.75
CZK1,537.11
|
$111.23
ISK14,194
|
|
|
Regular dress
from H&M or similar store
|
$31.40
CZK691.94
|
$59.69
ISK7,617
|
|
|
Running shoes
Nike or Adidas
|
$80.03
CZK1,763.86
|
$148.00
ISK18,886
|
|
| Men's business shoes (leather) |
$103.55
CZK2,282.15
|
$184.49
ISK23,543
|
|
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