Is Living in Prague Expensive?

By Robert Palmer

Are you considering living in Prague, but worried about the cost of living? Well, you’re not alone.

Prague is a popular destination for expats and tourists alike, with its rich cultural heritage, stunning architecture and affordable prices. But is living in Prague expensive? Let’s take a closer look.

Accommodation

One of the biggest expenses you’ll face when moving to Prague is finding somewhere to live. While rents have been rising in recent years, Prague is still relatively affordable compared to other European cities. The average cost of renting a one-bedroom apartment in the city center is around 15,000 CZK (approximately $700 USD) per month, while outside the center it drops to around 12,000 CZK (approximately $550 USD) per month.

Transportation

Prague has an excellent public transportation system including trams, buses and metro which are operated by DPP. A single ticket costs 32 CZK (approximately $1.50 USD) for 90 minutes of travel time. If you plan on using public transport regularly, it’s worth investing in a monthly pass which costs around 670 CZK (approximately $31 USD) for unlimited travel within the city.

Groceries

The cost of groceries in Prague can vary depending on where you shop and what you buy. However, on average it’s cheaper than many other European cities. A liter of milk costs around 25 CZK (approximately $1 USD), a loaf of bread around 30 CZK (approximately $1.50 USD) and a kilogram of chicken breasts around 120 CZK (approximately $5.50 USD).

Entertainment

Prague is famous for its nightlife and cultural events such as concerts and theatre shows. While some venues can be expensive, there are plenty of affordable options available. A pint of beer in a local pub costs around 40 CZK (approximately $2 USD), while a cinema ticket costs around 180 CZK (approximately $8 USD).

Conclusion

So, is living in Prague expensive? While costs can vary depending on your lifestyle and where you choose to live, overall Prague is a relatively affordable city compared to other European destinations. With its beautiful architecture, rich culture and affordable prices, it’s no wonder that so many expats choose to call Prague their home.