Cost of Living in Prague

Estimated Monthly Cost

per person · per month

About Prague

Prague is the capital of the Czech Republic and home to around 1.3 million people in the metro area. The city sits on the Vltava River and spreads across hills and valleys, with a medieval Old Town center and extensive neighborhoods in all directions. Winters are cold (often below freezing) and summers mild. The majority of residents are Czech, though expat communities from Ukraine, Vietnam, Poland, and Western Europe are substantial. Daily life involves cheap public transit, dense neighborhood cafes and pubs, local grocery shopping, and navigation of a Czech-language bureaucracy that improves significantly if you speak even basic Czech.

Prague costs roughly 40 percent less than major Western European capitals like Berlin or Vienna, making it attractive to expats on moderate budgets. Housing is the largest expense and where savings are most visible. A one-bedroom apartment in central neighborhoods (Old Town, New Town, Vinohrady) ranges from $650 to $1,200 per month, while outer districts (Zizkov, Smichov, Dejvice) run $550 to $900. Shared flats drop to $400 to $700. Food costs are low if you shop at local markets and cook. Groceries average $200 to $300 monthly for one person. Eating out at a casual restaurant costs $5 to $8 per meal. Public transit (metro, tram, bus) is extensive and costs $15 to $25 monthly with a pass. Expats often pay slightly more for apartments in prime tourist areas and may spend more on imported goods, but utilities and services remain cheap. The moderate budget of $2,575/month assumes housing around $800, food $300, transport $20, and discretionary spending on entertainment, dining out, and personal items.

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