Cost of living comparison
Iceland is 87.6% more expensive than Czech Republic.
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
CZK184.45
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.61
CZK182.47
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
CZK38.18
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$1.35
CZK32.37
|
$2.02
ISK278
|
|
pay 80.5% more for groceries
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.29
CZK30.85
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$5.47
CZK130.99
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$3.90
CZK93.35
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$2.64
CZK63.31
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$3.73
CZK89.30
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$0.62
CZK14.78
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.71
CZK16.97
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$0.88
CZK21.03
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.29
CZK30.97
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.51
CZK12.10
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.46
CZK11.14
|
$0.78
ISK108
|
|
pay 99.0% more for transportation
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.95
CZK142.69
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$21.06
CZK504.83
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,453.98
CZK753,822.85
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$11.74
CZK281.33
|
$22.04
ISK3,033
|
|
pay 2.5 times more for housing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$18.70
CZK448.06
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$610.48
CZK14,630.66
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$493.17
CZK11,819.25
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$198.15
CZK4,748.82
|
$58.01
ISK7,986
|
|
pay 26.9% less for childcare
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$363.72
CZK8,716.83
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$7,967.34
CZK190,944.58
|
$5,993.99
ISK825,073
|
|
pay 2.3 times more for entertainment and sports
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.90
CZK45.52
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$2.60
CZK62.31
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.46
CZK154.89
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$47.23
CZK1,131.80
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$8.95
CZK214.41
|
$14.35
ISK1,975
|
|
pay 78.2% more for clothing
|
Czech Republic
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$69.75
CZK1,671.50
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$31.40
CZK752.44
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$80.03
CZK1,918.07
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$103.55
CZK2,481.68
|
$184.49
ISK25,396
|
|
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