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.
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.
This Blog Includes:
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:
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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 Food | Approx Cost |
Meal in Inexpensive Restaurant | CZK 220 |
McMeal at McDonalds | CZK 199 |
Meal for 2 People, Mid-range Restaurant, Three-course | CZK 1,200 |
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 Item | Approx 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 |
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 Type | Approx. 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+ Data | CZK 634 |
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.
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 Transport | Approx Cost |
One-Way Ticket Price | CZK 30 |
Price of Monthly Pass | CZK 550 |
Gasoline Price | CZK38 |
Taxi 1km (Normal Tariff) | CZK 29.50 |
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 Wise | Average Cost of living | Comparison with Cost of Living in Prague |
Cost of Living in the Czech Republic | CZK 19,031 (excluding rent) | Lower than Prague |
Cost of Living in Canada | CZK 24559 (excluding rent) | Higher than Prague |
Cost of Living in Budapest | CZK 16619 (excluding rent) | Lower than Prague |
Cost of Living in Dublin | CZK 26952 (excluding rent) | Higher than Prague |
Cost of Living in Vienna | CZK 25668 (excluding rent) | Higher than Prague |
Cost of Living in Lisbon | CZK 18388 (excluding rent) | Lower than Prague |
Cost of Living in the USA | CZK 27147 (excluding rent) | Higher than Prague |
Cost of Living in the UK | CZK 23901 (excluding rent) | Higher than Prague |
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.
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FAQs on the 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.
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.
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.
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.
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