Iceland
Compared with Czechia, using real observed prices.
Baseline: 
Czechia = 1×
Iceland
vs
Czechia
Overall verdict
Iceland is about 0.71× Czechia.
Average across 2 categories, 3 items with data
The shape of prices (vs Czechia = 1×)
How to read this
The centre line is Czechia. A bar running right means Iceland 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 Czechia
Czechia = 1×
Iceland is pricier →
Czechia
Czechia = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Diesel 1L costs 1.1× what it does in Czechia — but Electricity 1kWh (household) costs only 0.5×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×1.08Iceland
CZK 40.01
USD 1.878Czechia
CZK 36.95
USD 1.734
-
Gasoline 1L 1 L ×0.92Iceland
CZK 36.80
USD 1.727Czechia
CZK 39.97
USD 1.876
-
Electricity 1kWh (household) 1 kWh ×0.51Iceland
CZK 3.78
USD 0.179Czechia
CZK 7.41
USD 0.351
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