What Is the Cost of Living in Prague?

By Anna Duncan

Are you considering a move to Prague, Czech Republic? One of the most important things to consider is the cost of living. Prague is a beautiful city with a rich culture, but it’s important to know what expenses you’ll be taking on before making any major life changes.

Accommodation

One of the biggest expenses in Prague is accommodation. The cost of rent varies greatly depending on the neighborhood and type of accommodation you choose.

A one-bedroom apartment in the city center can cost anywhere from 15,000 CZK to 25,000 CZK per month. If you’re looking for something more affordable, consider living outside of the city center or sharing an apartment with roommates.

Utilities

In addition to rent, you’ll also need to pay for utilities such as electricity, gas, and water. These costs can vary depending on your usage and the size of your home. On average, expect to pay around 2,500 CZK per month for utilities.

Food and Dining

Prague has plenty of options for dining out or buying groceries. Eating out at a mid-range restaurant will cost around 200-300 CZK per person, while a meal at a fast-food restaurant will be around 120 CZK. If you prefer cooking at home, expect to pay around 2,500 CZK per month for groceries.

Transportation

Prague has an extensive public transportation system that includes buses, trams, and metros. A monthly pass for unlimited travel will cost around 670 CZK. If you prefer cycling or walking instead, Prague is a very walkable city with plenty of bike paths.

Entertainment

Prague is known for its vibrant nightlife and cultural events. Going out for drinks or seeing a movie will cost around 100-150 CZK per person. If you’re interested in museums or galleries, expect to pay around 200-300 CZK for admission.

Overall Cost of Living

Overall, the cost of living in Prague is relatively affordable compared to other major European cities. On average, you can expect to spend around 30,000-40,000 CZK per month on basic expenses such as rent, utilities, food, and transportation. However, keep in mind that costs can vary greatly depending on your lifestyle choices and spending habits.

Conclusion

Before making a move to Prague, it’s important to consider the cost of living and how it will fit into your budget. From accommodation to entertainment, there are plenty of expenses to consider. However, with some planning and budgeting, it’s possible to enjoy all that this beautiful city has to offer without breaking the bank.