dulingo

Cost of Living in Prague: Updated Prices, Comparison with Other Cities

9 minute read
10 shares
cost of living in prague

Prague, the capital city of the Czech Republic, is renowned for its exceptional beauty and holds the distinction of being the most Prestigious University. However, it offers a moderate cost of living compared to other European capitals.

cta

Prague ranks in the top 36% of the world’s most expensive cities, placing 3308th out of 9294 globally according to livingcost. Due to this students in Prague enjoy the advantage of a high quality of life. If you are relocating here for your higher education and want to estimate, how much is the average cost of living in Prague, this blog is absolutely useful for you. Please keep reading to know more. 

Cost of Living in Prague: Overview

The average cost of living in Prague for a single person, excluding housing rent, is about CZK 20,324 per month, according to Numbeo data. For a one-bedroom apartment, rent can range from CZK 17,000 to CZK 30,000, depending on the location and quality of the accommodation. The overall cost of living in Prague varies based on lifestyle choices, preferred areas, and essential expenses, particularly for students.

Living in Prague involves various costs, including utility bills, rent, transportation, personal expenses, food, and groceries. Below is an overview of the average expenses across different categories for those considering living in this dynamic city:

  • Utility Bills (Monthly): Around CZK 7,089
  • Housing Rent (Monthly): Around CZK 17,000 to CZK 30,000
  • Travelling Passes (Monthly): Around CZK 550
  • Food Expenses (Monthly): Around CZK 8724

This information provides an overview of what to expect in terms of living expenses in Prague. Let’s understand them in detail:

Also read: Cost of Living in Calgary: Updated Prices, Other Cities Comparison

Cost of Food in Prague 

Prague boasts a multitude of restaurants, offering an abundance of culinary options. Exploring these eateries allows you to indulge in generously portioned meals and sample the wide variety of beers they are renowned for. For a cup of regular cappuccino, the price is approximately CZK 71.74, while a glass of Coke or Pepsi can be enjoyed for around CZK 37.67.

The average monthly food expenses for a person in Prague are around CZK 8724, according to livingcost data. Prague’s restaurants cater to a wide range of tastes and preferences for food lovers and make dining out an exciting experience for students. However, dining out regularly in Prague may be expensive for students. For your reference we have given the approx cost of a meal at restaurants in Prague:

Restaurants FoodApprox Cost
Meal in Inexpensive RestaurantCZK 220
McMeal at McDonaldsCZK 199
Meal for 2 People, Mid-range Restaurant, Three-courseCZK 1,200
Source:numbeo

Cost of Grocery in Prague 

Visiting the local market in Prague is a cherished tradition for some and a weekend shopping delight for others. At these markets, you can discover enticing deals, especially on fresh fruits and vegetables, which are reasonably priced, making them an affordable and healthy choice.

Grocery prices can vary based on factors such as the quality and quantity of the products, as well as the grocery store’s location and availability. However, it’s important to compare prices across different stores or vendors to get the best value when shopping for groceries in Prague. Look at the table given below to get an idea of the average grocery expenses in Prague:

Grocery ItemApprox Cost 
Milk (regular), (1 litre)CZK 24
Eggs (regular) (12)CZK 59
Apples (1kg)CZK 37
Banana (1kg)CZK 36
Oranges (1kg)CZK 47
Local Cheese (1kg)CZK 286
Potato (1kg)CZK 29
Tomato (1kg)CZK 72
Lettuce (1 head)CZK 32
Onion (1kg)CZK 29
Water (1.5 liter bottle)CZK 16
Loaf of Fresh White Bread (500g)CZK 35
Rice (white), (1kg)CZK 53
Source: Numbeo

Cost of Utility in Prague

Every individual in Prague from a private house owner to an apartment tenant needs to pay for the comforts of home. Hence, some basic amenities supplied to Prague citizens including electricity, cooling, water, garbage, and heating cost CZK 7,089 for an 85m2 apartment.

However, the cost of utility bills in Prague depends on the type of services you prefer to use and the size of the apartment. However, planning your monthly cost of living in Prague must include the utility expenses as they can affect your overall costs. The table below provides an overview of the average utility expenses in Prague:

Utility TypeApprox. Cost 
Basic (Electricity, Water, garbage, Heating, and Cooling)CZK 7,089
Internet (Unlimited Data, Cable/ADSL)CZK 490
Mobile Phone Monthly Plan with Calls and 10GB+ DataCZK 634
Source:numbeo

Cost of Accommodation in Prague

Monthly rental rates in Europe have consistently remained on the higher side, and the Czech Republic, including Prague, is no exception to this trend. In Prague, the cost of renting a one-bedroom apartment in the city centre is approximately CZK 24,432 per month, while outside the downtown area, the price drops to around CZK 17,885. 

For those seeking more spacious accommodations, a three-bedroom flat in the suburbs can be rented for approximately CZK 31,756, whereas the same-sized unit in the city centre commands a higher price of around CZK 44,511. These prices reflect the average rental rates in the area.

Cost of Transportation in Prague 

Another important part of the cost of living in Prague for students is the travel expenditure. Prague has a well-connected public transport system including buses and subways which help you reach every nook and corner of Prague.

Cost of Transportation in Prague 

It is important to evaluate Travel costs in Prague for you as a student because you will have to commute to and from college. For your reference, we have given the average transportation cost in the table below so that you can estimate and add your transportation budget to your cost of living in Prague accordingly:

Mode of TransportApprox Cost
One-Way Ticket PriceCZK 30
Price of Monthly PassCZK 550
Gasoline PriceCZK38
Taxi 1km (Normal Tariff)CZK 29.50
Source: numbeo

Average Tuition Fees in Prague 

The average tuition fees in Prague, Czech Republic, vary based on the educational institution and the chosen program of study. Public universities generally have lower tuition fees compared to private institutions. However, it is essential to note that tuition fees might have changed since then, so it is crucial to directly confirm the current fees with the universities or educational institutions.

International students from outside the European Union (EU) or European Economic Area (EEA) typically face higher tuition fees compared to EU/EEA students. On average, the annual tuition fees for international students can range from approximately CZK 52145 to CZK 391197, depending on the university and program of study. However, pursuing higher education in Prague can be costly, and it can affect your cost of living in Prague.

Cost of Living Comparison: Prague vs Other Cities

When comparing the cost of living in Prague to other cities and countries around the world, several factors come into play. Prague is renowned for its moderate living expenses, particularly in terms of housing and transportation. Prague remains an attractive option within Europe for those seeking a balanced lifestyle.

Understanding the cost of living comparison between Prague and other cities is crucial for making informed decisions about relocation or long-term stays. To provide you with a comprehensive idea of how the cost of living in Prague compares to other major cities worldwide such as the USA, the UK, the Czech Republic, Canada, Budapest, Dublin, Vienna and Lisbon, we have compiled the relevant data. Please take a look for more clarity:

Cost of Living City WiseAverage Cost of livingComparison with Cost of Living in Prague
Cost of Living in the Czech RepublicCZK 19,031 (excluding rent)Lower than Prague
Cost of Living in CanadaCZK 24559 (excluding rent)Higher than Prague
Cost of Living in BudapestCZK 16619 (excluding rent)Lower than Prague
Cost of Living in DublinCZK 26952 (excluding rent)Higher than Prague
Cost of Living in Vienna CZK 25668 (excluding rent)Higher than Prague
Cost of Living in LisbonCZK 18388 (excluding rent)Lower than Prague
Cost of Living in the USACZK 27147 (excluding rent)Higher than Prague
Cost of Living in the UKCZK 23901 (excluding rent)Higher than Prague
Source: Numbeo

Also read: Cost of Living in Norway: Updated Prices, Other Countries Comparison

Why Choose Prague to Study Abroad?

Along with the moderate cost of living in Prague, you can immerse yourself in a new culture, language, and environment. If you’re seeking an opportunity to study in a place that hasn’t been overrun by millions of students every year, Prague could be the perfect destination and it can be an incredibly transformative experience. Here are a few reasons why:  

The Heart of Europe

Prague’s labyrinth of cobblestone streets and hidden courtyards entices visitors, encouraging the curious explorers to venture further. If you wish to travel to destinations farther afield, flights from Prague connect to cities all over Europe.

Numerous Unique Study Programs 

There are over 1,000 English-taught degree programs available in both public and private universities. From medicine to architecture, Prague offers a diverse range of courses across some of the continent’s best universities.

Furthermore, after graduation, you can apply for a long-term residence visa, which provides nine months of access to the job market, serving as a work-seeking visa. This highlights how Prague offers more than just a high-quality professional degree.   

Ample Study Spaces

Prague not only offers a variety of municipal libraries for studying but also boasts some of the country’s best cafes. These cafes cater specifically to students and hustlers who prefer a vibrant ambience while getting their work done. Sometimes, all you need for peak productivity is a cup of coffee and a conducive environment.  

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

Things to Know When Moving to Prague 

Apart from getting an idea about the cost of living in Prague, you have to consider a few things when relocating to Prague, it’s crucial to be aware of essential information to ensure a smooth transition. Here are some key considerations:  

Visa and Residency 

If you aren’t from the EU/EEA, thoroughly research visa and residency requirements. Contact the Czech embassy or consulate in your home country for the necessary details and to apply for the appropriate visa.  

Transportation in Prague

Prague boasts an efficient public transportation system comprising trams, buses, and the metro. Consider purchasing a travel pass or card for unlimited travel during specific time periods. Bicycles are popular, and the city has an expanding network of bike lanes.  

Housing in Prague

Begin your housing search well in advance, as finding accommodations in Prague can be competitive. Take into account factors like location, rental costs, amenities’ proximity, and transportation options. Popular areas for expats include Prague 1, Prague 2, and Prague 6.  

Language in Prague

Czech is the official language, but many people, especially in tourist areas and businesses, speak English. Learning basic Czech phrases can be helpful for day-to-day interactions and navigating everyday situations.  

Culture and Etiquette in Prague

Czech people value politeness and courtesy. It is customary to greet with a firm handshake and use formal titles when meeting someone for the first time. Punctuality is appreciated, and it’s common to remove shoes when entering someone’s home.  

Enjoying Prague

Prague is renowned for its rich history, stunning architecture, and vibrant cultural scene. Take time to explore the city’s attractions, visit museums, savour Czech cuisine, and immerse yourself in the local culture. 

Relevant read:

Cost of Living in Cork, Ireland: Updated Prices, Other Cities ComparisonCost of Living in Dublin: Updated Prices, Comparison with Other Countries
Cost of Living in Costa Rica: Updated Prices, Other Cities ComparisonCost of Living in Florida: A Guide on Living Expenses
Cost of Living in Denmark: Updated Prices, Comparison with Its CitiesCost of living in France: Updated Prices, Comparison With Other Countries

FAQs on the Cost of Living in Prague

Q1. What is the average cost of living in Prague? 

Ans: The monthly average cost of living in Prague for a single person is roughly CZK 20,324 without rent. Whereas, the estimated cost of housing rent can range from CZK 17,000 to CZK 30,000. However, these expenses can vary according to the preferred location and things.

Q2. How expensive is it to live in Prague? 

Ans. The cost of living in Prague is generally more affordable compared to many other European cities which is around CZK 20,324 without rent. However, it can vary depending on your lifestyle and personal choices.

Q 3. How much does healthcare cost in Prague? 

Ans. The Czech Republic has a public healthcare system, and EU citizens with a European Health Insurance Card (EHIC) can access it. For non-EU citizens, it is advisable to have health insurance. Private healthcare options are also available, and the costs can vary based on the services required.

Q 4. What is the average cost of dining out in Prague? 

Ans. Dining out in Prague can vary depending on the type of establishment. The average monthly food expenses for a person in Prague are around CZK 8724.  

Many Indian students dream of pursuing education in developed 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

Leave a Reply

Required fields are marked *

*

*