How Much Does It Cost to Live in Prague?

By Michael Ferguson

Are you considering moving to Prague? One of the first things you’ll want to know is how much it costs to live in this beautiful city. From housing to food to entertainment, here’s a breakdown of the expenses you can expect.

Housing

One of the biggest expenses you’ll have in Prague is housing. The cost will depend on where you choose to live and what type of accommodation you prefer.

  • Rent: A one-bedroom apartment in the city center will cost around 15,000-25,000 CZK ($670-$1,120 USD) per month. Outside the city center, you can find a one-bedroom apartment for around 10,000-15,000 CZK ($450-$670 USD) per month.
  • Utilities: You can expect to pay around 3,000-5,000 CZK ($135-$225 USD) per month for utilities like water, electricity, and gas.

Food

The cost of food in Prague is relatively affordable compared to other European cities. Here’s what you can expect to pay for some common items:

  • Groceries: For a week’s worth of groceries for one person, expect to spend around 1,500-2,500 CZK ($67-$112 USD).
  • Dining out: A meal at an inexpensive restaurant will cost around 120-200 CZK ($5-$9 USD), while a three-course meal for two at a mid-range restaurant will cost around 800-1,200 CZK ($36-$54 USD).

Transportation

The public transportation system in Prague is efficient and affordable.

  • Single ticket: One ride on a bus, tram, or metro will cost 24 CZK ($1.10 USD).
  • Monthly pass: A monthly pass for unlimited rides will cost around 550 CZK ($25 USD).

Entertainment

There’s plenty to see and do in Prague, and much of it won’t break the bank.

  • Museum admission: Admission to most museums is around 150-300 CZK ($7-$13 USD).
  • Cinema ticket: A movie ticket will cost around 200-250 CZK ($9-$11 USD).

Total Cost of Living in Prague

The total cost of living in Prague will depend on your lifestyle and spending habits. However, here’s a rough estimate of what you can expect to pay per month:

  • Budget: If you’re on a tight budget, you can expect to spend around 20,000-30,000 CZK ($900-$1,350 USD) per month.
  • Moderate: For a moderate lifestyle with some dining out and entertainment, expect to spend around 40,000-50,000 CZK ($1,800-$2,250 USD) per month.
  • Luxury: If you want to live a luxurious lifestyle with high-end dining and entertainment options, expect to spend upwards of 100,000 CZK ($4,500 USD) per month.

In Conclusion

Overall, Prague is an affordable city to live in compared to other European cities. With careful budgeting and planning, you can enjoy all that this beautiful city has to offer without breaking the bank.