Is Prague Expensive to Live In?

By Anna Duncan

Prague, the capital city of the Czech Republic, is a beautiful and historic city that attracts visitors from all over the world. But for those considering living in Prague, one question always comes up: Is it expensive to live in Prague?

Cost of Living in Prague:

Compared to other Western European countries such as France, Germany or the UK, Prague is relatively cheaper. However, it is not as cheap as some of its neighbouring countries like Hungary or Poland. The cost of living in Prague will depend on your lifestyle and spending habits.

Housing:

Housing is one of the biggest expenses when it comes to living in Prague. Depending on where you want to live within the city centre or outside, housing prices can vary widely.

On average, a one-bedroom apartment in the city centre can cost anywhere between 15,000 CZK to 25,000 CZK (around 550-920 USD) per month. Outside of the city centre prices can be slightly cheaper.

Transportation:

Prague has an excellent public transportation system that includes trams, buses and metro lines which run frequently throughout the day and night. A monthly pass for unlimited travel costs around 670 CZK (around 25 USD). Taxis are also available but are more expensive than public transportation.

Food:

Food prices vary depending on where you shop and what you eat. Eating out at restaurants can be relatively affordable with meals ranging from 150 CZK to 400 CZK (around 6-15 USD). If you prefer cooking at home, groceries can be purchased from Supermarkets like Tesco or Albert which offer a wide variety of products at reasonable prices.

Entertainment:

Prague is known for its vibrant nightlife scene with plenty of bars and clubs to choose from. Drinks at bars range from 50 CZK for a beer (around 2 USD) to 250 CZK for a cocktail (around 10 USD). There are also many cultural attractions like museums and galleries that offer free entrance or discounted rates for students.

Conclusion:

Overall, Prague can be an affordable city to live in depending on your lifestyle and spending habits. While housing prices can be high, other expenses like transportation, food and entertainment can be relatively affordable. It’s important to do your research and budget accordingly before making the decision to move to Prague.

Tips for Saving Money in Prague:

  • Use public transportation instead of taxis
  • Shop at local farmers’ markets for fresh produce
  • Cook at home instead of eating out frequently
  • Take advantage of free or discounted cultural attractions
  • Avoid touristy areas where prices may be inflated

Living in Prague can be an enriching experience with its stunning architecture, rich history and vibrant culture. With careful planning and budgeting, it is possible to enjoy all that this beautiful city has to offer without breaking the bank.