A Guide on Cost of Living in Czech Republic

The Czech Republic has remained a highly sought-after destination for students, expats, and travellers. This country is renowned for its captivating castles, picturesque bridges, and its beer.  Its appeal lies in its enchanting castles, picturesque bridges, and renowned beer culture. One of the best things about the Czech Republic is that it has a high standard of living, but the cost of living there is much lower than in most EU countries. This unique advantage makes it an ideal choice for those seeking a quality lifestyle without breaking the bank. If you are planning to move to this amazing country, then you should not forget to keep in mind its cost of living. Keep reading to understand the cost of living in Czech Republic in detail. 

Why Choose Czech Republic to Study Abroad?

The number of international students in the Czech Republic is constantly increasing, indicating that it is an ideal destination for pursuing education abroad. There are numerous reasons why this country is attracting international students every year. 

Here are some of the compelling reasons why choosing the Czech Republic for your study abroad experience is a wise decision:  

Affordable Cost of Living 

The Czech Republic offers a budget-friendly environment for international students. Your monthly living expenses, including meals, accommodation, public transport, and leisure activities, will typically range from $329 to $658, depending on your location, lifestyle, and spending habits.  

Ideal Location

Embracing student life means seeking adventure and joyful moments. Studying in the Czech Republic allows you to live life to the fullest! The country boasts historically rich and lively cities as well as stunning countryside. Moreover, being situated in the heart of Europe provides an excellent opportunity to explore other fascinating destinations; cities like Munich, Krakow, and Vienna are just a short 2.5-hour journey away.  

Home to Top Universities

There are numerous top-ranked universities in the Czech Republic. The country is renowned for offering top-quality education to international students. 

Some of the best universities in Czech Republic are: 

• Czech Technical University in Prague
• Masaryk University
• Palacký University Olomouc
• Charles University
• Technical University of Liberec

Value for Money

For those interested in courses taught in Czech at public universities, tuition fees are not required. However, even if you don’t speak Czech fluently, there’s no need to worry. 

With over 1000 degree programs offered in English, you can still pursue your desired field of study. Additionally, the fees for these English-taught programs are very reasonable, making education in the Czech Republic a cost-effective choice.

Also Read: Cost of Studying in Germany

Cost of Living in Czech Republic 

With a high standard of living and relatively affordable expenses compared to other EU countries, the Czech Republic offers an enticing and budget-friendly experience. Let’s dive deeper into the expenses you can expect to bear in the Czech Republic. 

Transportation

Round-trip tickets for local transportation may occasionally slightly surpass the cost of $2.14.  The average price for a monthly pass has been established at around $22.64 this year.  

Taxi fares are as follows: starting at $1.81, $1.27 per kilometre, and a one-hour waiting charge of $13.59. The prices of new cars such as the Volkswagen Golf or Toyota Corolla fall within the range of $24,795.18 to $25,000.28.  

Look at the table provided below to know the average price you need to pay for transportation in the Czech Republic.

One Way Ticket	$1.13
Monthly Pass	$22.64
Gasoline	$2.02

Food and Restaurants

The Czech Republic is renowned for its delectable and straightforward cuisine, emphasizing beer, meat, and fish, all of which are incredibly tasty. Opting to eat at a restaurant is definitely a wise decision.  

The prices are fantastic, with certain budget-friendly restaurants offering meals for as low as $8.15, while mid-range establishments provide a three-course meal for two people at $36.23. A regular cappuccino is priced nearly the same as an imported beer, at $2.70 compared to $2.26.   

When it comes to groceries, with one dollar at the market in the Czech Republic, you can purchase one and a half pounds of white rice, three pounds of onions or potatoes, one pound of tomatoes, oranges, apples, or bananas, and 0.75 litres of domestic beer.  

To better understand the prices of restaurant food and grocery in the Czech Republic, look at the table given below. 

Meal (Inexpensive Restaurant)	$8.15
Water (0.33 Liter)	$1.25
Loaf Bread (500g)	$1.36
Milk (1 Liter)	$1
Eggs (12)	$2.22

Utility Bill

Enjoying the benefits of modern amenities in the Czech Republic costs approximately $270.78.  This amount covers essential utilities such as water supply, air conditioning, waste disposal, and electricity for a 915 sq ft apartment.  

Mobile phone users pay $0.16 per minute for calls. On average, individuals using ADSL or cable for internet connectivity pay around $22.90.

Look at the table provided below to know the average utility expense you can expect to bear in the Czech Republic.

Basic (Electricity, Water, Garbage, Heating, and Cooling)	$270.78
1 minute of Prepaid Mobile Tariff Local	$0.16
Internet (Unlimited Data, Cable/ADSL)	$20.9

Housing

A one-room apartment is going to cost you around $741.44 per month in the Czech Republic. On the other hand, a three-bedroom flat will cost you $1,223.58 a month

Let’s have a look at the table given below to know the average monthly rent one can expect to pay in the Czech Republic.

Cost of Apartment (1 bedroom) in City Center	$741.44
Cost of Apartment (1 bedroom) Outside of Center	$587.31
Apartment (3 bedrooms) in City Center	$1223.58

Also Read: Cost of Living in London for Students

Average Tuition Fees in Czech Republic 

Students can study free of cost at public universities in the Czech Republic as long as they enrol in a degree taught in the Czech language. If you select a programme which is taught in English or another foreign language, then you will need to pay the tuition, ranging from 0 to 18,500 EUR per academic year.  

There are other costs of education as well, such as admission fees. However, these costs vary from one university to another. 

Private universities have the freedom to set their own tuition fees in the Czech Republic. Usually, this type of higher education institution is more costly. 

Also Read: Cost of Living in France: Rent, Food, Expenses and More

Things to Know When Moving to Czech Republic 

While the Czech Republic has a lot to offer, it is important that you are accustomed to the norms of this country beforehand. If you are considering moving to the Czech Republic, there are several important factors to keep in mind:  

Excellent Accessibility

Situated in the heart of Europe, the Czech Republic is well-connected to other European countries. You can easily travel to neighbouring nations within a few hours, thanks to its central location.

Safety

The Czech Republic is recognized as one of the safest countries in the EU. In the rare event of any crime, the police are known for their prompt and efficient response.  

Rich Culture and Lifestyle

The Czech Republic boasts a diverse and vibrant culture, largely influenced by the influx of tourists and expatriates. The country hosts numerous cultural events, providing ample opportunities to enjoy ballet, opera, sports, diverse restaurants, and the beauty of its mountains and forests.  

Cold winters

Winters in the Czech Republic can get really cold. The winter typically begins from mid-November to March, and the temperatures can go below freezing point. 

English is Widely Spoken

It is estimated that more than 27% of Czechs are able to speak English to some level. However, this rate is much higher in the capital city of Prague. It should be noted that English speakers are less common in small towns in the country. So, learning some basic Czech phrases will be very useful.

Also Read: A Guide on Cost of Living in Florida

FAQs

This was all about the cost of living in Czech Republic. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you are also planning to study abroad.