If you’re planning on moving to Prague, one of the most important things you need to consider is the cost of living. Rent is one of the biggest expenses, and it’s crucial to have an idea of how much you can expect to pay. In this article, we’ll take a closer look at monthly rent in Prague.
Factors That Affect Rent Prices in Prague
Before we dive into the actual numbers, it’s important to know what factors can affect rent prices in Prague. Here are some of the most significant ones:
- Location: As with any city, location is a major factor when it comes to rent prices. In general, the closer you are to the city center or popular areas like Vinohrady or Žižkov, the more expensive rent will be.
- Type of Accommodation: The type of accommodation you’re looking for will also impact how much you’ll pay for rent.
For example, a studio apartment will generally be cheaper than a two-bedroom apartment.
- Furnishings: Furnished apartments tend to be more expensive than unfurnished ones.
- Condition: The condition of the apartment can also affect the price. Newly renovated apartments with modern amenities will generally be more expensive than older ones.
Average Rent Prices in Prague
Now that we know what factors can impact rent prices in Prague let’s take a look at some actual numbers.
According to Numbeo, a website that collects data on cost-of-living expenses around the world, as of August 2021, the average monthly rent for a one-bedroom apartment in Prague is around 16,000 CZK (730 USD). For a two-bedroom apartment, the average rent goes up to around 26,000 CZK (1,200 USD) per month.
It’s worth noting that these are just averages, and prices can vary widely depending on the factors we mentioned earlier. For example, a studio apartment in a less desirable location could cost as little as 10,000 CZK (460 USD) per month, while a luxury apartment in the city center could cost upwards of 50,000 CZK (2,300 USD) per month.
Other Housing Expenses
When budgeting for housing in Prague, it’s important to factor in other expenses besides rent. These can include:
- Utilities: Depending on your rental agreement, you may be responsible for paying for utilities like electricity and gas.
- Internet and Cable: If you want internet and cable TV in your apartment, you’ll need to factor those costs into your budget.
- Parking: If you have a car and need a parking space near your apartment, that will be an additional expense.
Conclusion
In conclusion, monthly rent prices in Prague can vary widely depending on factors like location, type of accommodation, furnishings and condition. While the average rental price for a one-bedroom apartment is around 16,000 CZK (730 USD), it’s important to do your research and consider all the additional expenses when budgeting for housing in Prague.