How Expensive Is It to Live in Prague?
Prague, the capital city of the Czech Republic, is known for its stunning architecture, rich history, and vibrant culture. It’s no wonder that many people dream of living in this beautiful city.
However, before you make the move, it’s important to consider the cost of living in Prague. In this article, we will explore the various expenses you can expect when living in Prague.
Housing Costs
Renting: Rent prices in Prague can vary depending on the location and size of the apartment. On average, a one-bedroom apartment in the city center can cost around 20,000 CZK per month (approximately $900).
If you are willing to live outside the city center, you can find cheaper options starting from 14,000 CZK per month (approximately $630).
Buying: If you are considering buying property in Prague, be prepared for higher costs. The average price per square meter in the city center is around 100,000 CZK (approximately $4,500), while outside the city center it can be around 70,000 CZK (approximately $3,150) per square meter.
Transportation
Public Transportation: Prague has an excellent public transportation system that consists of buses, trams, and a metro network. A monthly pass for unlimited travel costs around 550 CZK (approximately $25).
If you prefer using taxis or ride-sharing services like Uber, expect to pay around 25 CZK (approximately $1.10) per kilometer.
Groceries and Dining Out
Groceries: The cost of groceries in Prague is relatively affordable. On average, a basic weekly shopping for one person can cost around 1,500 CZK (approximately $68).
Local Supermarkets offer a wide variety of products, and if you prefer fresh produce, there are also many outdoor farmers’ markets to explore.
Dining Out: Prague is known for its vibrant food scene, offering a range of international and local cuisines. A meal at an inexpensive restaurant can cost around 150 CZK (approximately $7), while a three-course meal for two at a mid-range restaurant can be around 800 CZK (approximately $36).
Utilities
Electricity, Water, and Heating: The cost of utilities in Prague is relatively reasonable. For an apartment of around 85 square meters, expect to pay around 2,500 CZK (approximately $113) per month for electricity, water, and heating combined.
Entertainment and Leisure
Cinema Tickets: Going to the cinema in Prague is an enjoyable and affordable experience. A regular ticket costs around 180 CZK (approximately $8), while discounted tickets for students or seniors can be as low as 130 CZK (approximately $6).
Museums and Galleries: Prague is rich in culture and history, offering numerous museums and galleries to explore. Entrance fees vary depending on the exhibition or museum but generally range from 100 CZK to 300 CZK (approximately $4.50 to $13.50).
In Summary
Living in Prague can be affordable compared to other European capital cities. However, it’s important to consider factors such as housing costs, transportation expenses, groceries, utilities, and leisure activities when planning your budget.
With careful planning and budgeting, you can enjoy the beauty and charm of Prague without breaking the bank.
Remember, these prices are approximate and can vary depending on various factors such as location, personal preferences, and lifestyle choices. It’s always a good idea to research and gather specific information before making any financial decisions.