Czechia
Compared with Iceland, using real observed prices.
Baseline: Iceland = 1×
Overall verdict
Czechia is about 1.40×
Iceland.
Average across 2 categories, 7 items with data
The shape of prices (vs
Iceland = 1×)
How to read this
The centre line is Iceland. A bar running right means Czechia is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
Iceland
Iceland = 1×
Czechia is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Czechia, Electricity 1kWh (household) costs 2.0× what it does in Iceland — but Diesel 1L costs only 0.9×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Electricity 1kWh (household) 1 kWh ×1.96
Czechia ISK 44 USD 0.351
Iceland ISK 22 USD 0.179
-
Gasoline 1L 1 L ×1.09
Czechia ISK 237 USD 1.876
Iceland ISK 218 USD 1.727
-
Diesel 1L 1 L ×0.92
Czechia ISK 219 USD 1.734
Iceland ISK 237 USD 1.878
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+29%
in CZK
89 → 115
89 → 115
vs
At today's rateUsing today's exchange rate
+39%
in ISK
It rose 29% in local currency, but 39% in yours. Most of what you feel is the exchange rate, not Czechia's inflation.