Prague is one of the most beautiful cities in Europe. With its rich history, stunning architecture, and cultural diversity, it is no wonder that many people dream of living there. However, before making a move to Prague, it is important to know how much money you need to live comfortably in this city.
The Cost of Living in Prague
The cost of living in Prague is relatively low compared to other European cities. According to Numbeo, a website that compares the cost of living between different countries, the cost of living in Prague is 45.36% lower than in London.
The biggest expense in Prague is housing. The average monthly rent for a one-bedroom apartment in the city center is around 15,000 CZK (approximately $680 USD). However, if you are willing to live outside the city center, you can find apartments for around 10,000 CZK (approximately $450 USD) per month.
Other expenses such as food and transportation are also relatively affordable. A meal at an inexpensive restaurant will cost you around 120 CZK (approximately $5 USD), while a monthly pass for public transportation will set you back around 550 CZK (approximately $25 USD).
Monthly Budget Breakdown
To give you a better idea of how much money you need to live comfortably in Prague, we have put together a monthly budget breakdown:
- Housing: 10,000-15,000 CZK ($450-$680 USD)
- Utilities (electricity, gas, water): 3,000-5,000 CZK ($135-$225 USD)
- Food: 6,000-8,000 CZK ($270-$360 USD)
- Transportation: 500-1,500 CZK ($23-$68 USD)
- Entertainment: 3,000-5,000 CZK ($135-$225 USD)
- Healthcare: 1,000-2,000 CZK ($45-$90 USD)
Conclusion
Living in Prague can be a wonderful experience. The city offers a high quality of life at an affordable price. While the cost of living varies depending on your lifestyle and needs, the above budget breakdown should give you a good idea of how much money you need to live comfortably in Prague.
If you are planning on moving to Prague, it is important to do your research and plan accordingly. Make sure to factor in all of your expenses and create a budget that works for you. With proper planning and budgeting, you can enjoy all that Prague has to offer without breaking the bank.
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