Cost of living comparison
Czech Republic is 11.5% cheaper than Iceland.
If you lived in Czech Republic instead of Iceland, you would:
pay 46.4% less for restaurants
Iceland
|
Czech Republic
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,519
|
$7.39
Kč175.13
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr2,015
|
$7.56
Kč179.23
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr327
|
$1.48
Kč35.04
|
|
Bottle of water (11 fl. oz) |
$2.12
kr300
|
$1.19
Kč28.30
|
|
pay 38.6% less for groceries
Iceland
|
Czech Republic
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr484
|
$1.39
Kč33.02
|
|
Local cheese (8 oz) |
$5.98
kr845
|
$5.18
Kč122.82
|
|
Milk (1 gallon) |
$5.33
kr752
|
$3.67
Kč86.86
|
|
Eggs
1 dozen
|
$5.66
kr799
|
$2.32
Kč54.95
|
|
Boneless chicken breast (1 lb) |
$7.09
kr1,002
|
$3.42
Kč81.08
|
|
Apples (1 lb) |
$1.16
kr164
|
$0.69
Kč16.44
|
|
Bananas (1 lb) |
$0.98
kr139
|
$0.66
Kč15.75
|
|
Oranges (1 lb) |
$1.17
kr166
|
$0.77
Kč18.29
|
|
Tomatoes (1 lb) |
$1.84
kr259
|
$1.30
Kč30.81
|
|
Potatoes (1 lb) |
$0.96
kr135
|
$0.44
Kč10.42
|
|
Onions (1 lb) |
$0.51
kr72
|
$0.41
Kč9.75
|
|
pay 36.4% less for transportation
Iceland
|
Czech Republic
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,135
|
$7.57
Kč179.51
|
|
Monthly public transit pass |
$77.40
kr10,932
|
$20.53
Kč486.46
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,214,452
|
$25,012.86
Kč592,792.20
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,385
|
$11.93
Kč282.70
|
|
pay 0.8% more for housing
Iceland
|
Czech Republic
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,814
|
$20.79
Kč492.74
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr202,996
|
$573.03
Kč13,580.53
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr171,707
|
$491.37
Kč11,645.15
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,694
|
$198.81
Kč4,711.65
|
|
pay 2.2 times more for childcare
Iceland
|
Czech Republic
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr36,632
|
$335.84
Kč7,959.27
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr388,451
|
$8,534.54
Kč202,264.29
|
|
pay 42.7% less for entertainment and sports
Iceland
|
Czech Republic
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,204
|
$1.88
Kč44.54
|
|
Cappuccino in mid-range area |
$4.15
kr587
|
$2.63
Kč62.39
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,502
|
$5.88
Kč139.40
|
|
Monthly membership at local gym |
$56.90
kr8,037
|
$44.28
Kč1,049.37
|
|
Movie ticket to theater/cinema |
$12.27
kr1,734
|
$8.32
Kč197.17
|
|
pay 37.1% less for clothing
Iceland
|
Czech Republic
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,678
|
$76.47
Kč1,812.21
|
|
Regular dress
from H&M or similar store
|
$50.39
kr7,117
|
$37.50
Kč888.63
|
|
Running shoes
Nike or Adidas
|
$151.12
kr21,345
|
$84.38
Kč1,999.79
|
|
Men's business shoes (leather) |
$175.20
kr24,747
|
$98.98
Kč2,345.79
|
|
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