Cost of Living in Prague: A Guide

8 minute read
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 one of the most charming destinations to visit throughout the year. Whether you visit during any season, Prague will captivate you with its romantic ambience, a blend of business-like atmosphere, enchanting surroundings, rich historical heritage, magnificent monuments, and breathtaking panoramic views. The city is adorned with numerous parks and gardens, adding to its allure. Moreover, Prague is renowned for crafting some of the world’s finest beers. Read to know the total cost of living in Prague in this blog.

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

Why Choose Prague to Study Abroad?

Immersing yourself in a new culture, language, and environment can be an incredibly transformative experience. 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. 

Here are a few reasons why:  

The Heart of Europe

The Czech Republic, located in the heart of Europe, is considered one of the most beautiful countries on the continent. Prague, its largest city, entices with its labyrinth of cobblestone streets and hidden courtyards, encouraging the curious explorer to venture further. 

With a Schengen visa or a European passport, you have access to twenty-six EU countries. Transportation to these neighbouring countries is easy and affordable, with numerous inexpensive trains and buses connecting Austria, Slovakia, Germany, Poland, Hungary, and more. If you wish to travel to destinations farther afield, flights from Prague connect to cities all over Europe. Over the years, Prague has increasingly become a popular choice for international students pursuing higher education. 

High-Quality Education and Numerous Unique Programs 

While Czech is the country’s official language, 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. Tuition fees are reasonable, varying based on the chosen program. Private universities generally have higher costs compared to public ones. It’s also possible to study for free by opting for a course taught in Czech. 

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. 

Some of the top universities in Prague are Czech Technical University in Prague and Prague University of Economics and Business.  

Affordable Cost of Living

As a fellow student, I understand the importance of finding affordable housing that meets student budgets. Few capital cities in Europe can offer well-furnished, budget-friendly apartments tailored for students.

Additionally, you can supplement your income by securing part-time jobs or summer internships during your studies, which not only helps you financially but also facilitates cultural immersion, connections with locals, and potential improvement in Czech language skills.

Upon enrollment, you will receive an International Student Identity Card (ISIC), which grants access to a wide range of student discounts on food, transportation, and entertainment.  

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 Studying in Germany

Cost of Living in Prague

As the capital city, prices in Prague tend to be slightly higher. For instance, the monthly expenses for a family of four amount to approximately $2,091.04, excluding rent. However, by exploring the city further, you can find great deals on various items and services. 

Let’s delve into the cost of living in this beautiful city in detail: 

Transportation & commutation 

In Prague, the price range for Volkswagen Golf and Toyota Corolla is approximately $19,530.11 to $19,699.35, with these figures representing the average prices. 

For those who prefer using public transport, you have the option of purchasing a one-way ticket for $1.07 or investing in a monthly pass for $24.43. If you decide to take a taxi, the starting fare is $1.78, the cost per mile is $1.86, and the waiting charge for an hour is $15.99.

Have a look at the table below to understand the average transport prices clearly: 

One-Way Ticket Price $1.07 
Price of Monthly Pass $24.53
Gasoline Price $1.48

Food and Restaurants

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. If you fancy imported beer, a small bottle typically costs around $2.00. For a cup of regular cappuccino, the price is approximately $2.29, while a glass of Coke or Pepsi can be enjoyed for around $1.37.

Coming to the local market, visiting it is a cherished tradition for some individuals, while others find it enjoyable to go shopping there on weekends. At the market, you can find enticing deals, such as a pound of local cheese available for as little as $3.96. Additionally, meat is quite affordable, with boneless and skinless chicken breasts priced at around $2.85 per pound. For those who appreciate beef, the cost of a beef round is around $4.52.

Furthermore, vegetables and fruits in Prague are reasonably priced, often costing less than a dollar, making them an affordable and healthy option.

Look at the table given below to get an idea of the average prices of food and restaurant meals in Prague:

Cost of a meal in an inexpensive restaurant $6.22
Water (0.33 Liter) $1.03
Domestic Beer (0.5 Liter) $1.78
Eggs (12) $2.22
Milk (1 Liter) $3.18
Loaf Bread (500g) $0.94

Utility Bill/Expenses

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 $178.67 for a 915 sq ft apartment. Phone talk for 10 minutes is  $1.5 here.

Have a look at the table provided below to know the average prices of utility in Prague: 

Basic (Electricity, Water, garbage, Heating, and Cooling) $178.67
Internet (Unlimited Data, Cable/ADSL) $22.62
1 minute of Prepaid Mobile Tariff Local $0.15


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 $792.29 per month, while outside the downtown area, the price drops to around $583.12. 

For those seeking more spacious accommodations, a three-bedroom flat in the suburbs can be rented for approximately $930.14, whereas the same-sized unit in the city centre commands a higher price of around $1,374.72. These prices reflect the average rental rates in the area.

Look at the table given below to know the average monthly rent prices in Prague:

The monthly cost of an apartment (1 bedroom) in the City Center $792.29
The monthly price of the apartment (1 bedroom) Outside of the Center $583.12
The monthly cost of an apartment (3 bedrooms) in the City Center $1374.72 

Also Read: Cost of Living in London for Students

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 $2,243 to $16,827, depending on the university and program of study.

Also Read: Cost of Living in Italy

Things to Know When Moving to Prague 

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.  


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.  


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.  

Cost of Living

Prague is generally more affordable than many other European cities, but the cost of living varies based on lifestyle. Consider expenses such as housing, groceries, transportation, healthcare, and entertainment while planning your budget. 


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

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. 


Q1. 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. However, it can vary depending on your lifestyle and personal choices.

Q2. 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.

Q3. What is the average cost of dining out in Prague? 

Ans. Dining out in Prague can vary depending on the type of establishment. A meal at an inexpensive restaurant can cost around $6.22.  

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 *



25,000+ students realised their study abroad dream with us. Take the first step today.
Talk to an expert