The average cost of living in the Czech Republic ( $1007) is 52% less expensive than in the United States ( $2112 ). Median income can be calculated by household income . Show 1 more.. Czech Republic - Cost of restaurants Indices Difference Consumer Prices in Czech Republic are 37.55% lower than in United States (without rent) Consumer Prices Including Rent in Czech Republic are 46.98% lower than in United States Click here to calculate cost-of-living estimate in Prague Restaurants prices Meal in Inexpensive Restaurant 6.96 $ Meal for 2 People, Mid-range Restaurant, Three-course 37.10 $ If you want to suggest your own values based on your experiences in this city, click on edit and insert the values. Show Notes FreedomPop - free 4G mifi (up to 500MB/month) HelpHonza - Startup marketing research study for a Bachelors Thesis Sweet Process - for documenting your processes The Launch Pad: Inside Y-Combinator - a new book that tells the story of Y-Combinator How to Get Startup Ideas by Paul Graham Transcript [00:00] Rob: In this episode of Startups for the Rest of Us . Compare the average living costs in cities in Czech Republic like Prague, Brno, Ostrava, Olomouc, Karlovy Vary, Hradec Kralove, esk Krumlov, Liberec, Zlin, Ceske Budejovice. $675 Cost of Living $804 Average Salary $369 Average House Rent in the Czech Republic is an initiative of the Czech National Agency for The Czech Republic's living costs are seen as reasonable. Bordered by Austria, Germany, Poland, Slovakia. . Terms of Use and The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive. Data are in United States dollars at current prices and current purchasing power parity for private consumption for the reference year. Czech Republic gross domestic product (GDP) is $194,800,000,000. Cost of rentals in Czechia Living expenses in Czech Republic, compared to other EU countries, are fairly low. Summary: Family of four estimated monthly costs are 2,098.86$ (52,317.97K) without rent. The literal translation from Czech and other Slavic languages might be confusing though, however even if Poland is Polska for Poles, it is not the Polish Rep. in English. You can calculate cost of living in Czech Republic by changing quantity using input near each good or service. About 9 dollars, it costs about 1 dollar in the states.rent is ok, but rising daily.most other things:suits . It enjoys high standards of living, a tax burden well below the average for Western Europe, and one of the best transport links in Central Europe. Prague is a great city for students. cost of living in Czech Republic for students. The conversion rate to the CZK is 1 dollar to 25.03 CZKas of November 4, 2022. But you can expect to pay about $650 a month for a very nice, unfurnished apartment of about 6,458 square foot, up to about $1,700 for a top-of-line, 700-square-foot furnished apartment in the center of the city. officialEnglish-speaking Hi, it depends on what is your life standard is. If you prefer to live on your own, you can rent a flat or a single room in a shared flat. Czech Republic / Brno Cost of Living Score The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. The current exchange rate is available at the Czech National Bank website. The total cost of living is around $974 in Hradec Kralove. Rent in Czech Republic is, on average, 62.95% lower than in United States. As a very international city, the command of the English language among Prague residents is higher than the average in the European Union. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories. the Czech Republic ranked 64th vs 6th for the United States in the list of the most expensive countries in the world. The largest groups of foreign residents are Ukrainians, Slovaks, and Vietnamese. Are houses expensive in Prague? Privacy Policy, Copyright 2009-2022 Numbeo. There are also intensive Czech courses for students considering to study in the local language. If you are traveling in the onwards from Prague, you can check how to travel from Prague to Dresden and from Prague to Warsaw. There were about half a million foreigners living in the Czech Republic in 2017. Click here to calculate cost-of-living estimate in Czech Republic. Summary of cost of living in Prague. The cost of accommodation slightly changes from one location to the other, houses closest to the city center cost a little bit more than the ones farther or around the suburbs. The average after-tax salary is enough to cover living expenses for 1.3 months in the Czech Republic compared to 2 months in the United States. 3.600 euro is 93 600 K gross which makes it 66 549 K per month if you are an employee. Price-list of a restaurant in Cesky Krumlov (Czech Republic) Eating out prices in Prague Dinner with beer per person will cost 8 - 12 USD = 200 - 300. Other costs will be around $466 including markets, transportation, restaurants, and sports and leisure for one-person. Use the link below to embed the infographic from our site and automatically keep the data layer up to date. The cost of health insurance can range from a few hundred to several thousand dollars each month. Apart from that, Prague is also becoming one of the most attractive cities in Europe for expats. For more information have a look at dedicated websites such as www.expats.cz. Which is the best city to visit? It is home into a rich record, cultural heritage, and beautiful landscapes. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories. Approximately 7% of the total population and 14% of those living in the capital are foreign-born. Cost of living These numbers reflect the average prices of 22 cities in Czech Republic, such as Novy Jicin , Hradec Kralove , Uherske Hradiste , Mlada Boleslav , Prerov , and more. The cost of living in the Czech Republic and even Prague, its capital, is fairly low compared to other countries and major cities in Europe. Czech Republic is country located in Eastern Europe. info@studyin.cz. It is also possible to apply for the ISIC card on its nationalofficial websites. Na Po 1035/4, 110 00 Prague, Czech Republic You can get a detailed overview of the living costs in the report issued every year by Expats.cz. If you are interested in living in one of them during your study stay, look for koleje or dormitories on the websites of your university. Whilst it can vary depending on where in the country you choose to study, the Czech Republic as a whole will set you back much less to live, work, study and explore in comparison to most other countries across Europe. Prices may be different depending on your location, lifestyle, and spending habits. Geneva or Zurich? Summary about cost of living in Prague, Czech Republic: Family of four estimated monthly costs are 2,353.41$ (58,227.68K) without rent (using our estimator). The attractiveness of Prague is on the rise, benefiting from a favorable geographic location and business climate. This site is provided as is without warranties of any kind. Alternatively you can pay with an international banking card or credit card. 1 bedroom apartment - 8,000 CZK (320) 1 room in an apartment - 5,000 - 6,000 CZK (200 - 240) 1 shared room - 3,000 CZK (120) 2 bedroom apartment - 12,000 CZK (480) The living standard in Czech Republic also varies by regions, the prices of some products and services in Prague (Capital) are sometimes twice as high as in other parts of the country. Cost of Living in Prague The average cost of living in Prague is $1245, which is in the top 36% of the most expensive cities in the world, ranked 3352nd out of 9294 in our global list and 2nd out of 58 in the Czech Republic. Living costs in the Czech Republic for student accommodation in a dormitory range from 4,500 to 7,500 CZK (180-300 EUR). Of course, prices may vary according to your location, accommodation choices, lifestyle, and spending habits. Total cost of living in Prague for two person with average consumption for one month will be 974.61 USD, no rent price included. Living in the Czech Republic has a huge amount of upsides, and within that is the cost of living. It is also one of the most visited cities in the old continent, and famous for its gothic architecture, scenic cafs and the iconic Charles Brigde. The ISIC (International Student Identity Card) card is the most advantageouscard for all students. The cost of living in the Czech Republic is $1007, which is 1.08 times more expensive than the world average. Prague ranked 60th out of 227 cities in Mercer's 2022 Cost of Living Survey, ranking well below cities such as London, Dublin and Milan. The cost of renting a one-room apartment in the center is 14.000 CZK (560 EUR), in the countryside - 11.000 (440) per one-bedroom apartment. The capital of the Czech Republic is also pretty safe. To view the cost of living in a specific city in Czech Republic, search for a city above. Crowdsourced data is a vital part of the Internet, help us become better! www.dzs.cz Basic utilities will cost less than $200 per month depending on your area, and the internet is about $20. Czech National Agency for International Education and Research. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. Prague has lower crimes rates than most big cities in Germany, UK or France. While food and transport still quite affordable, the housing prices in the Czech capital is comparable to many Western European cities. We calculate prices for the Czech Republic and the United States as a population-weighted mean of 58 and 2202 cities, respectively. Cost of living in Prague Czech Republic $1,503 / Monthly Cost of living in Brno Czech Republic $1,172 / Monthly Cost of living in Ostrava Czech Republic $893 / Monthly You can also check the our article on trains from Prague. source of informationwhen choosing a university and Family of four estimated monthly costs: 2,945 (72,442 K) Single person estimated monthly costs: 1,474 (36,252 K) Cost of living in Czech Republic is cheaper than in 46% of countries in Eastern Europe (6 out of 13) Cost of living in Czech Republic is cheaper than in 68% of countries in the World (52 out of 77) Change the currency: GDP per capita is $ 18595. For the time being I will use both names in this publication. Cost of Living Comparison Between United States and Czech Republic For major cities in those countries you get more relevant data by specifying cities. Why is the Czech Republic the #smartchoice? Top level domains in Czech Republic: .cz, Total cost of living in Czech Republic for two person with average consumption for one month will be 827.5 USD, no rent price included. The average rent in Hradec Kralove for a one-bedroom apartment in the city centre is approximately $647 per month, and utilities cost around $139 a month. Visiting the Czech Republic is normally an unforgettable knowledge for the entire relatives. On Flatio, you will find apartments in Ostrava, Brno, Prague, and other cities, the former of which is in the lower price range. Cost of living in Prague is 62% cheaper than in New York City. Let's check some data for the cost of living in Prague, Czechia below: The currency in the Czech Republic is the Czech Koruna. 2017 All rights reserved. Czech Republic Summary Cost of living in Opava, Czech Republic is $675 and it seems affordable according to the average monthly salary which is $804. 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