Prague vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Prague Reykjavik
🚶 Cost of living one person
$1641
$2915
👨‍👩‍👧‍👦 Cost of living Family
$3833
$5968
🏠 One person rent
$1005
$1781
🏘️ Family rent
$1751
$2749
🍽️ Food expenses
$390
$832
🚐 Transport expenses
$108
$88.7
💳 Monthly salary after tax
$1865
$3918
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
4 km
🎓 Higher education
92
53
😀 Quality of life
86
89
🏙️ Population
1.38M
140K

The cost of living in Prague is 44% less expensive than in Reykjavik. Cities ranked 3084th and 204th ($1641 vs $2915) in the list of the most expensive cities in the world and ranked 2nd and 1st in the Czech Republic and Iceland, respectively. Check the Czech Republic vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.1 months in Prague compared to 1.3 months in Reykjavik. Prague ranked 1st best city to live in the Czech Republic vs Reykjavik ranked 1st in Iceland, while ranked 292nd and 189th among best cities to live in the world.

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Cost of living in Prague vs Reykjavik infographic

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Prices in Prague vs Reykjavik

Prices for goods and services in Prague and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Prague Reykjavik
Eating Out
🍱 Lunch Menu
$9.73
$22
🥂 Dinner in a Restaurant, for 2
$45.3
$125
🥪 Fast food meal, equiv. McDonald's
$8.88
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.51
$11.1
 Cappuccino
$3.28
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.77
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1012
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$756
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1872
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1359
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$175
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$267
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$22.5
$74.1
🏦 Mortgage Interest Rate for 20 Years
5.65%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7685
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5446
$5311
Transportation
🚌 Local transport ticket
$1.32
$4.63
🎟️ Monthly ticket local transport
$24.2
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$13.1
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$1.74
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.12
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.9
$3.25
🥚 Eggs, x12
$2.74
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$12.9
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.67
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$12.7
$37.6
🍏 Apples, 1 kg or 2.2 lb
$1.71
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.66
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$2.12
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$3.3
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.29
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.35
$2.16
🌊 Water, 1 L or 1 qt
$0.5
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.89
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$6.79
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.06
$3.27
🚬 Cigarette pack
$6.93
$12.2
💊 Cold medicince, 1 week
$9.33
$11.6
🧴 Hair Shampoo
$3.79
$5.36
🧻 Toilet paper, 4 rolls
$2.84
$4.68
👄 Toothpaste, 1 tube
$3.3
$3.32
Other
🏋️ Gym Membership, 1 month
$64.8
$71.8
🎫 Cinema Ticket, 1 person
$11.1
$15.1
👩‍⚕️ Doctor's visit
$54.1
$84.7
💇 Haircut, simple
$18.2
$47.4
👖 Brand Jeans
$89.2
$112
👟 Brand Sneakers
$102
$155
👶 Daycare or Preschool, 1 month
$723
$254
🏫 International Primary School, 1 year
$12545
$6167

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Prague

Distance City Cost of living
1.2 km or 0.7 mi Smichov
$1474
3.3 km or 2.1 mi Zizkov
$1468
4.2 km or 2.6 mi Brevnov
$1451
23 km or 14 mi Kladno
$1244
51 km or 31 mi Mlada Boleslav
$1216
53 km or 33 mi Pribram
$1196
54 km or 34 mi Litomerice
$1103
56 km or 35 mi Kolin
$1150
68 km or 42 mi Ceska Lipa
$1130
69 km or 43 mi Usti nad Labem
$978
72 km or 45 mi Most
$957
75 km or 46 mi Teplice
$929
76 km or 47 mi Tabor
$1198
78 km or 49 mi Decin
$1107
81 km or 50 mi Litvinov
$1362
83 km or 52 mi Chomutov
$1051
83 km or 52 mi Plzen
$1185
88 km or 55 mi Pisek
$1186
89 km or 55 mi Liberec
$1106
89 km or 56 mi Jablonec nad Nisou
$1035
95 km or 59 mi Zittau
$1353
97 km or 61 mi Pardubice
$1122
99 km or 61 mi Strakonice
$1176
99 km or 61 mi Havlickuv Brod
$1163
100 km or 62 mi Chrudim
$1668
102 km or 63 mi Hradec Kralove
$1142
103 km or 64 mi Pirna
$1393
111 km or 69 mi Klatovy
$1159
111 km or 69 mi Karlovy Vary
$1024
114 km or 71 mi Jihlava
$1016
115 km or 71 mi Annaberg-Buchholz
$1261
117 km or 73 mi Freital
$1404
118 km or 73 mi Dresden
$1462
119 km or 74 mi Trutnov
$1195
119 km or 74 mi Freiberg
$1215
122 km or 76 mi Bautzen
$1377
123 km or 77 mi Ceske Budejovice
$1237
125 km or 78 mi Radebeul
$1413
126 km or 78 mi Gorlitz
$1364
127 km or 79 mi Sokolov
$1141

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161