Is Living in Prague Cheap?

By Alice Nichols

Prague is one of the most beautiful cities in Europe, with its rich history, stunning architecture, and vibrant culture. But when it comes to the cost of living, many people are unsure if living in Prague is cheap or expensive. In this article, we will take a closer look at the cost of living in Prague and determine whether it’s an affordable place to live.

Accommodation

One of the most significant expenses for anyone living in Prague is accommodation. The cost of rent can vary significantly depending on where you live and your lifestyle.

If you’re looking to rent a one-bedroom apartment located in the city center, you can expect to spend around 15,000 CZK per month (approximately $670 USD). If you’re willing to live further away from the city center, you can find a similar apartment for between 10,000 and 12,000 CZK per month (approximately $450-$550 USD).

Food and Drinks

When it comes to food and drinks, Prague has plenty of affordable options. You can enjoy a delicious meal at a local restaurant for around 200-300 CZK (approximately $9-$13 USD).

If you prefer cooking at home, groceries are also relatively inexpensive. You can buy basic food items like bread and milk for less than 20 CZK each (less than $1 USD).

If you’re a coffee lover or enjoy having a drink with friends after work, be prepared to spend around 50-70 CZK (around $2-$3 USD) for a cup of coffee or beer.

Transportation

Prague has an excellent public transportation system that includes buses, trams, and Subways. A monthly pass for unlimited travel costs around 670 CZK (around $30 USD), making it an affordable option for those who need to commute regularly.

Leisure Activities

Prague has plenty of free or low-cost options for leisure activities. You can visit some of the city’s beautiful parks, like Letna Park or Stromovka, for a relaxing walk or picnic. Additionally, many museums and galleries offer free admission on certain days of the week.

Conclusion

So, is living in Prague cheap? The answer is yes and no.

While some expenses like accommodation and transportation can be affordable, other costs like healthcare or higher education can be quite expensive. However, compared to other European cities like Paris or London, Prague is relatively inexpensive.

Overall, Prague is an excellent choice for those looking for a beautiful and vibrant city with a lower cost of living. By being mindful of your expenses and taking advantage of affordable options for food, transport and leisure activities, you can make your life in Prague not only comfortable but also budget-friendly.