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|
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|
Airbnb has been operating in the Czech Republic since 2009 but there are also similar services operating in the country, such as Flipkey, HomeAway, House Trip, Vacation Rentals, and VRBO. In Prague last year, almost 13,000 listings were displayed on Airbnb , the vast majority in the centre of the city.
Can a foreigner buy real property in Prague ? Yes. Under EU law, anyone can buy a house , apartment , buildable land, agricultural land or forests in the Czech Republic , regardless of citizenship or residency. Foreigners can apply for residency on the basis of a work visa, business visa or student visa.
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.
Prague can be a very cheap city to visit but it can also be very expensive . It depends where you pull out your wallet. Because there are so many tourists and almost all of them visit the same few sites, it is just good business sense for a shop or restaurant owner to raise their prices and collect as much as they can.
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.
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.
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.
In Prague , a great number of native citizens speak English at least a bit. And at the tourist hotspots, restaurants in the centre, hotels, and gift shops, knowledge of the English language is taken for granted. On the other hand, do not expect much English from the Czech police officers or bus drivers.
Healthcare coverage in the Czech Republic even covers dental care, and it is free for all citizens. Due to its reciprocal healthcare agreements with other countries, citizens of the Czech Republic can avail medical treatment in other EU countries too.
Aside from property crime , Prague is a relatively safe city. The rate of violent crime is low and most areas of Prague are safe to walk around even after dark. Be careful on Wenceslas Square. It is usually packed with tourists and the crowds make things easy for pickpockets.