The best salaries in the Czech Republic (and probably in most other countries too) can be generally found in IT and telecommunications sector, falling within the range of 1,300 – 3,200 EUR per month depending on a position and the experience level of the employee.
The average wage in the Czech Republic rose by 5% in the first quarter of 2020 compared to Q1 2019, and now stands at 34,077 crowns monthly, according to data released this morning by the Czech Statistical Office (CZSO).
As you can see, the cost of living in Prague is a pretty affordable and very attractive place to live in. For those who aren’t good at math, a 1000 USD should be more than enough to comfortably spend a month in this city. If you haven’t been here, make sure to do so as soon as possible!
Cost of Living in Prague
|Rent Per Month||Edit|
|Apartment (1 bedroom) in City Centre||19,017.95Kč|
|Apartment (1 bedroom) Outside of Centre||14,600.83Kč|
|Apartment (3 bedrooms) in City Centre||33,094.29Kč|
The capital city of Prague is the most expensive city in the country, and it is still cheaper than many European cities. Expats ranked Czechia seventh for cost of living out of 68 countries in InterNations’ most recent Cost of Living Index. Costs for alcohol, tobacco, and groceries are very low.
Unemployment numbers are currently very low, but it is questionable, if even Czechs can find a job easily . So if you have a degree, some experience and you work in the field like IT, it will be easy to find a job . If you have just a high school and you are not an expert in the specific field, it might be a struggle.
Resident foreigners or stateless persons who have held a right of permanent residence for at least five years (reduced to three years for EU citizens) and have resided in the Czech Republic for most of that time can apply for Czech naturalization if they can prove they are of good character and are proficient in the
In the Czech Republic , an employee pays 15% Income Tax , unless he earns more than 48 times of the average salary (1.242 432 CZK – about 50.000 Euro) annually. The amount over the 1.2 M CZK is taxed with an additional solidarity tax of 7% (hence in total 22%). The location of the payment of salaries , bonuses, etc.
Prague , Czech Republic – The Czech Labour and Social Affairs Minister Jana Malacova announced earlier this week that the government will increase the monthly minimum wage by 1.150 crowns as of January 2019, bringing it from the current 12.200 crowns to 13.350 crowns per month (around 530 euros).
Cost of Living in Prague, Czech Republic
|1 bedroom flat (40 m2) rent per month||650.00 USD|
|1 bedroom flat (40 m2) utilities per month||140.00 USD|
|2 bedroom flat (80 m2) rent per month||1,071.00 USD|
|2 bedroom flat (80 m2) utilities per month||215.00 USD|
Since Prague is the capital of Czech Republic and also the hub of many multinational companies, its average salaries are the highest in the country. Currently, the average salary in Prague is of around 30,000 CZK per month. Those are net figures and equivalent to slightly less than 1305 US dollars per month.
The charming capital ranks 8th among the top 72 cities to live in for expats, according to ‘Expat City Ranking 2018′. On a European level, Prague ranks second. InterNations’ survey on Expat Insider has placed the Czech Republic as the third-best country for expats to work.
Based on the spending habits of previous travelers, when dining out an average meal in Prague should cost around Kč196 per person. Breakfast prices are usually a little cheaper than lunch or dinner. The price of food in sit-down restaurants in Prague is often higher than fast food prices or street food prices.
Teacher salaries in the Czech Republic can be paid on a salaried or per-hour basis. An average salary in a foreign language school ranges from about 18,000 – 24,000 Kc (about USD 1,000 – 1,300), where an average rate for a 45-minute lesson is around 200 Kc (about USD12).
A pack of Marlboro cigarettes costs 84 CZK, a 0.5 L bottle of water 15 CZK, a loaf of bread 22 CZK, a litre of petrol costs around 32 CZK, and a cup of coffee in a city cafeteria is 45 CZK.