Cost of living comparison
compared to
Iceland vs. Czech Republic Cost of Living Summary
Iceland is 2.2 times more expensive than Czech Republic overall.
- Restaurants
-
pay 2.2 times more in Iceland
- Groceries
-
pay 2.0 times more in Iceland
- Transportation
-
pay 2.0 times more in Iceland
- Housing
-
pay 2.8 times more in Iceland
- Childcare
-
pay 2.1 times more in Iceland
- Entertainment and Sports
-
pay 2.3 times more in Iceland
- Clothing
-
pay 79.0% more in Iceland
The cost of housing, entertainment and sports, restaurants, childcare, groceries, and transportation in Iceland are more expensive than in Czech Republic. Notably, housing, entertainment and sports, and restaurants are significantly more expensive in Iceland.
Iceland vs. Czech Republic Cost Breakdown
If you lived in Iceland instead of Czech Republic, you would:
pay 2.2 times more for restaurants
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.75
CZK182.15
|
$26.52
ISK3,394
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.69
CZK180.72
|
$21.32
ISK2,728
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.80
CZK37.50
|
$3.11
ISK398
|
|
| Bottle of water (11 fl. oz) |
$1.58
CZK32.86
|
$2.72
ISK348
|
|
Czech Republic vs. Iceland - Cost of restaurants
pay 2.0 times more for groceries
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.42
CZK29.45
|
$3.80
ISK487
|
|
| Local cheese (8 oz) |
$6.24
CZK129.76
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$4.39
CZK91.31
|
$7.78
ISK996
|
|
|
Eggs
1 dozen
|
$3.17
CZK66.01
|
$6.71
ISK859
|
|
| Boneless chicken breast (1 lb) |
$4.20
CZK87.40
|
$11.22
ISK1,436
|
|
| Apples (1 lb) |
$0.75
CZK15.52
|
$1.50
ISK191
|
|
| Bananas (1 lb) |
$0.78
CZK16.31
|
$1.15
ISK147
|
|
| Oranges (1 lb) |
$0.97
CZK20.15
|
$1.41
ISK181
|
|
| Tomatoes (1 lb) |
$1.59
CZK33.03
|
$2.34
ISK300
|
|
| Potatoes (1 lb) |
$0.55
CZK11.42
|
$1.65
ISK211
|
|
| Onions (1 lb) |
$0.51
CZK10.53
|
$1.09
ISK140
|
|
Czech Republic vs. Iceland - Cost of groceries
pay 2.0 times more for transportation
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.65
CZK138.38
|
$9.65
ISK1,235
|
|
| Monthly public transit pass |
$25.28
CZK525.94
|
$79.56
ISK10,182
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,610.58
CZK657,737.15
|
$49,144.25
ISK6,289,481
|
|
| Taxi trip in downtown area (5 miles) |
$13.74
CZK285.90
|
$25.55
ISK3,270
|
|
Czech Republic vs. Iceland - Cost of transportation
pay 2.8 times more for housing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.37
CZK423.85
|
$95.65
ISK12,241
|
|
| 1-Bedroom apartment in downtown area |
$725.26
CZK15,090.77
|
$2,289.17
ISK292,968
|
|
| 1-Bedroom apartment outside city center |
$590.43
CZK12,285.35
|
$1,830.04
ISK234,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$223.21
CZK4,644.38
|
$65.15
ISK8,338
|
|
Czech Republic vs. Iceland - Cost of housing
pay 2.1 times more for childcare
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$384.73
CZK8,005.26
|
$334.67
ISK42,830
|
|
| Middle school for 1 child, two semesters |
$9,199.30
CZK191,414.51
|
$30,711.08
ISK3,930,404
|
|
Czech Republic vs. Iceland - Cost of childcare
pay 2.3 times more for entertainment and sports
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.40
CZK49.86
|
$11.14
ISK1,426
|
|
| Cappuccino in mid-range area |
$3.03
CZK63.12
|
$5.62
ISK720
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.42
CZK154.49
|
$13.90
ISK1,778
|
|
| Monthly membership at local gym |
$55.37
CZK1,152.20
|
$78.17
ISK10,004
|
|
| Movie ticket to theater/cinema |
$9.92
CZK206.40
|
$16.75
ISK2,144
|
|
Czech Republic vs. Iceland - Cost of entertainment and sports
pay 79.0% more for clothing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.21
CZK1,668.87
|
$130.91
ISK16,753
|
|
|
Regular dress
from H&M or similar store
|
$34.88
CZK725.70
|
$61.83
ISK7,913
|
|
|
Running shoes
Nike or Adidas
|
$95.51
CZK1,987.34
|
$163.81
ISK20,965
|
|
| Men's business shoes (leather) |
$116.19
CZK2,417.68
|
$237.31
ISK30,371
|
|
Czech Republic vs. Iceland - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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