How Much Money Do I Need to Live in Prague?

By Michael Ferguson

If you’re considering a move to Prague, one of the things you’ll want to know is how much money you’ll need to live comfortably. The cost of living in Prague can vary depending on your lifestyle, so it’s important to do your research and budget accordingly.

Accommodation Costs

One of the biggest expenses in Prague is accommodation. The cost of rent for a one-bedroom apartment in the city center can range from 15,000 CZK to 25,000 CZK per month.

If you’re willing to live outside of the city center, you can find more affordable options with rent averaging around 10,000 CZK per month. It’s important to note that some apartments may require additional fees such as utilities or building maintenance costs.

Transportation Costs

Prague has an excellent public transportation system that includes buses, trams, and a metro. A monthly pass for unlimited travel costs around 670 CZK. If you prefer to use taxis or ride-sharing services like Uber or Bolt, prices can vary depending on distance and time of day.

Grocery Costs

The cost of groceries in Prague is comparable to other European cities. A liter of milk costs around 20 CZK while a loaf of bread costs around 30 CZK. Fresh produce can be found at local farmers’ markets for affordable prices.

Dining Out Costs

Dining out in Prague can range from cheap eats at street vendors for around 100 CZK to high-end restaurants with meals costing upwards of 1,500 CZK per person. On average, a mid-range restaurant meal for two people will cost around 800 CZK.

Entertainment Costs

Prague has plenty of entertainment options including theaters, museums, and galleries. Admission prices vary but expect to pay around 200 CZK for a movie ticket or 300 CZK for a museum admission ticket.

Conclusion

Overall, the cost of living in Prague is affordable compared to other European cities. Depending on your lifestyle and spending habits, you can expect to spend anywhere from 20,000 CZK to 50,000 CZK per month.

It’s important to remember that additional expenses such as health insurance or visa fees may also be required. By doing your research and budgeting accordingly, you can enjoy all that Prague has to offer without breaking the bank.