Cost of living comparison
Reykjavik is 45.4% more expensive than Prague.
If you lived in Reykjavik instead of Prague, you would:
pay 61.4% more for restaurants
|
Prague
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.29
Kč244.90
|
$18.40
kr2,586
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.89
Kč211.51
|
$15.62
kr2,196
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.76
Kč41.81
|
$2.53
kr356
|
|
| Bottle of water (11 fl. oz) |
$1.38
Kč32.84
|
$2.03
kr285
|
|
pay 58.5% more for groceries
|
Prague
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.71
Kč40.67
|
$3.40
kr478
|
|
| Local cheese (8 oz) |
$6.50
Kč154.73
|
$7.20
kr1,011
|
|
| Milk (1 gallon) |
$4.62
Kč110.02
|
$5.90
kr828
|
|
|
Eggs
1 dozen
|
$3.46
Kč82.32
|
$5.64
kr793
|
|
| Boneless chicken breast (1 lb) |
$4.31
Kč102.52
|
$8.08
kr1,136
|
|
| Apples (1 lb) |
$0.86
Kč20.50
|
$1.57
kr220
|
|
| Bananas (1 lb) |
$0.81
Kč19.21
|
$0.93
kr131
|
|
| Oranges (1 lb) |
$0.98
Kč23.29
|
$1.23
kr173
|
|
| Tomatoes (1 lb) |
$1.62
Kč38.51
|
$2.22
kr311
|
|
| Potatoes (1 lb) |
$0.49
Kč11.55
|
$1.24
kr175
|
|
| Onions (1 lb) |
$0.50
Kč11.79
|
$0.69
kr97
|
|
pay 87.1% more for transportation
|
Prague
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.00
Kč166.64
|
$8.90
kr1,250
|
|
| Monthly public transit pass |
$25.72
Kč612.26
|
$65.56
kr9,212
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,062.17
Kč667,918.86
|
$37,150.35
kr5,220,368
|
|
| Taxi trip in downtown area (5 miles) |
$12.58
Kč299.45
|
$29.44
kr4,137
|
|
pay 49.4% more for housing
|
Prague
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$26.19
Kč623.37
|
$64.04
kr8,999
|
|
| 1-Bedroom apartment in downtown area |
$1,062.03
Kč25,277.69
|
$1,613.16
kr226,681
|
|
| 1-Bedroom apartment outside city center |
$794.21
Kč18,903.36
|
$1,379.70
kr193,876
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$251.13
Kč5,977.15
|
$69.31
kr9,740
|
|
pay 59.8% less for childcare
|
Prague
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$808.25
Kč19,237.45
|
$282.44
kr39,688
|
|
| Middle school for 1 child, two semesters |
$13,299.60
Kč316,549.01
|
$6,058.18
kr851,295
|
|
pay 90.6% more for entertainment and sports
|
Prague
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.34
Kč55.66
|
$9.47
kr1,331
|
|
| Cappuccino in mid-range area |
$3.21
Kč76.31
|
$4.53
kr636
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.73
Kč160.30
|
$11.66
kr1,638
|
|
| Monthly membership at local gym |
$60.27
Kč1,434.45
|
$67.30
kr9,458
|
|
| Movie ticket to theater/cinema |
$11.18
Kč266.05
|
$13.66
kr1,919
|
|
pay 30.3% more for clothing
|
Prague
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$93.07
Kč2,215.15
|
$108.17
kr15,199
|
|
|
Regular dress
from H&M or similar store
|
$42.28
Kč1,006.22
|
$43.41
kr6,101
|
|
|
Running shoes
Nike or Adidas
|
$96.72
Kč2,302.14
|
$137.74
kr19,355
|
|
| Men's business shoes (leather) |
$114.16
Kč2,717.22
|
$182.49
kr25,644
|
|
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