Cost of living comparison
Prague is 2.4% more expensive than Reykjavik.
If you lived in Prague instead of Reykjavik, you would:
pay 37.5% less for restaurants
Reykjavik
|
Prague
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,516
|
$10.29
Kč241.33
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,137
|
$8.89
Kč208.42
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr347
|
$1.76
Kč41.20
|
|
Bottle of water (11 fl. oz) |
$2.03
kr277
|
$1.38
Kč32.36
|
|
pay 32.9% less for groceries
Reykjavik
|
Prague
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr466
|
$1.71
Kč40.08
|
|
Local cheese (8 oz) |
$7.20
kr984
|
$6.50
Kč152.48
|
|
Milk (1 gallon) |
$5.90
kr806
|
$4.62
Kč108.41
|
|
Eggs
1 dozen
|
$5.64
kr771
|
$3.46
Kč81.11
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,105
|
$4.31
Kč101.02
|
|
Apples (1 lb) |
$1.57
kr214
|
$0.86
Kč20.20
|
|
Bananas (1 lb) |
$0.93
kr127
|
$0.81
Kč18.93
|
|
Oranges (1 lb) |
$1.23
kr168
|
$0.98
Kč22.95
|
|
Tomatoes (1 lb) |
$2.22
kr303
|
$1.62
Kč37.95
|
|
Potatoes (1 lb) |
$1.24
kr170
|
$0.49
Kč11.38
|
|
Onions (1 lb) |
$0.69
kr94
|
$0.50
Kč11.62
|
|
pay 41.0% less for transportation
Reykjavik
|
Prague
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,217
|
$7.00
Kč164.20
|
|
Monthly public transit pass |
$65.56
kr8,965
|
$25.72
Kč603.32
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,080,241
|
$28,062.17
Kč658,167.26
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,026
|
$12.58
Kč295.08
|
|
pay 31.6% more for housing
Reykjavik
|
Prague
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr8,757
|
$26.19
Kč614.27
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr220,597
|
$1,062.03
Kč24,908.64
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr188,671
|
$794.21
Kč18,627.38
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,479
|
$251.13
Kč5,889.88
|
|
pay 2.5 times more for childcare
Reykjavik
|
Prague
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr38,623
|
$808.25
Kč18,956.59
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr828,444
|
$13,299.60
Kč311,927.40
|
|
pay 35.1% less for entertainment and sports
Reykjavik
|
Prague
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,295
|
$2.34
Kč54.85
|
|
Cappuccino in mid-range area |
$4.53
kr619
|
$3.21
Kč75.19
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,594
|
$6.73
Kč157.96
|
|
Monthly membership at local gym |
$67.30
kr9,204
|
$60.27
Kč1,413.51
|
|
Movie ticket to theater/cinema |
$13.66
kr1,868
|
$11.18
Kč262.17
|
|
pay 21.0% less for clothing
Reykjavik
|
Prague
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr14,791
|
$93.07
Kč2,182.80
|
|
Regular dress
from H&M or similar store
|
$43.41
kr5,937
|
$42.28
Kč991.52
|
|
Running shoes
Nike or Adidas
|
$137.74
kr18,836
|
$96.72
Kč2,268.53
|
|
Men's business shoes (leather) |
$182.49
kr24,956
|
$114.16
Kč2,677.54
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Prague or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.