If you are planning to move to Prague or looking for a job in this beautiful city, one of the things you might be wondering about is how much is a good salary in Prague. Well, the answer is not straightforward and depends on various factors like your profession, experience level, and lifestyle choices. In this article, we will take a closer look at the average salaries in Prague and what you can expect based on your circumstances.
What is the average salary in Prague?
According to data published by the Czech Statistical Office (CSO), the average gross salary in Prague was CZK 41,851 (approx. USD 1,900) per month in Q3 2020. However, this figure varies considerably by industry and job position.
Salaries by Industry
The highest-paying industries in Prague are finance and IT. The average gross salary in finance and insurance was CZK 67,086 (approx.
USD 3,050) per month, while it was CZK 52,421 (approx. USD 2,380) for information and communication activities.
On the other hand, jobs in accommodation and food services paid the lowest salaries with an average of CZK 17,186 (approx. USD 780) per month.
Salaries by Job Position
Your salary also depends on your job position and experience level. Here are some examples of average salaries for popular job positions in Prague:
- Software Developer: CZK 49,000 – CZK 100,000+ (approx. USD 2,225 – USD 4,550+)
- Project Manager: CZK 60,000 – CZK 110,000+ (approx.
USD 2,725 – USD 5,000+)
- English Teacher: CZK 25,000 – CZK 40,000 (approx. USD 1,135 – USD 1,820)
- Marketing Manager: CZK 50,000 – CZK 90,000+ (approx. USD 2,275 – USD 4,090+)
Cost of Living in Prague
While the average salaries in Prague might seem lower than in other European cities like London or Paris, the cost of living in Prague is relatively cheaper. According to Numbeo’s Cost of Living Index for Prague, the city is ranked as the 84th most expensive city out of 440 cities worldwide.
Some common expenses you might incur while living in Prague include:
- Rent: A one-bedroom apartment in the city center costs around CZK 18,000 (approx. USD 820) per month.
- Food: A meal for two people at a mid-range restaurant costs around CZK 700 (approx. USD 32).
- Transportation: A monthly pass for public transport costs around CZK 550 (approx.
USD 25).
- Entertainment: A movie ticket costs around CZK 200 (approx. USD 9), and a pint of beer at a local pub costs around CZK 45 (approx. USD 2).
Conclusion
In conclusion, a good salary in Prague depends on various factors like your profession and lifestyle choices. However, based on the average salaries and cost of living in the city, you can expect to live comfortably with a salary of around CZK 40,000 – CZK 60,000 (approx.
USD 1,820 – USD 2,725) per month. It is worth noting that salaries in Prague are generally lower than in Western European countries but also come with a lower cost of living, making it an attractive destination for expats and job seekers.
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