How Much Does It Cost to Live In Czech Republic?
The Czech Republic has been one of the most popular travel hotspots in Europe at any time of the year.
This country is famous for its castles, bridges, and beer, of course.
Most of the shops in the Czech Republic are open 7 days a week, while some close on Sundays.
The official currency in the Czech Republic is krona, although you can also use euro to do payments in many local shops.
If you travel with your Visa, MasterCard or any other internationally recognized payment card, you can use it in large malls, banks or city centers.
Also, there’s an option of money withdrawal in the ATMs.Cost of Living Index:
The Czech Republic is the kingdom of beer, meat, fish and simple yet very delicious food.
You do the right choice deciding to dine in a restaurant.
The prices are awesome.
Some inexpensive restaurant will prepare a meal for $5.35 for you, while the mid-range place will serve three courses for two people at $26.76.
Regular cappuccino costs almost the same as the imported beer or $1.93 against $1.78.
The money you spend at the Czech market is almost equal to the sums you give to the apartment rental.
What a dollar can buy you at the market in the Czech Republic?
One and a half pounds of white rice, three pounds of onion or potato, a pound of tomato, oranges, apples or bananas, and 0,75 liters of domestic beer.
Imported beer costs $1.23 for a small bottle, but this is nothing compared to a 20 pack of Marlboro cigarettes which is $4.46 – the price of beef round or some mid-range wine.
Round trip ticket on the local transport usually can sometimes slightly exceed the price of $2.14.
Regular price for a monthly price was set at the average of $22.30 this year.
Prices for taxi are as follows: start for $1.78, 1 mile for $1.79 and one-hour waiting for $13.38.
Prices for new cars like Volkswagen Golf or Toyota Corolla range between $19,174.77 and $19,717.38.
Taking advantage of the blessings of civilization in the Czech Republic is worth $180.77.
This includes water supply, conditioning, garbage, and electricity for an apartment of 915 sq ft.
Owners of the mobile phone pay $0.14 per minute of speaking.
Those connected to the Internet via ADSL or cable give it $20.12 at the average.
SPORTS & LEISURE
Sports has always been a good thing to keep oneself fit and healthy.
In the Czech Republic, you can also play tennis ($11.09 per hour on weekend) and practice in a fitness club ($34.68 per month, adult).
There are movies for the cinemagoers at a fair price of $7.58 per seat.
CLOTHING & SHOES
Are you one of those tourists striving to bring some T-shirt or shoes from the country you visit?
In the Czech Republic, there are lots of shopping malls and shops all over the country.
There you can buy a pair of business leather shoes for men for $98.44.
A pair of mid-range running shoes goes for $79.49, and a dress from Zara or any similar chain store will cost you only $35.15.
RENT PER MONTH
See below the booking prices for living premises all over the Czech Republic.
A one-room apartment in the downtown costs about $588.06, and a three-bedroom flat in the neighborhood will cost $1,006.88.
The relevant square meters outside the city centers differ in prices, of course.
You will pay $465.78 for one bedroom and $734.06 for three bedrooms.
Cost of Living Averages Table for Czech Republic
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$5.35|
|Domestic Beer (0.5 Liter)||$1.43|
|Water (0.33 Liter)||$0.96||Average Market Prices|
|Milk (1 Liter)||$3.01|
|Loaf Bread (500g)||$0.88|
|Eggs (12)||$1.89||Average Transport Prices|
|One Way Ticket||$1.07|
|Gasoline||$5.41||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$180.77|
|1 min. of Prepaid Mobile Tariff Local||$0.14|
|Internet (Unlimited Data, Cable/ADSL)||$20.12||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$34.68|
|Tennis Court Rent (1 Hour)||$11.09|
|Cinema, 1 Seat, International Release||$7.58||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$68.72|
|1 Summer Dress in a Chain Store (Zara, etc...)||$35.15|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$79.49||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$588.06|
|Apartment (1 bedroom) Outside of Center||$465.78|
|Apartment (3 bedrooms) in City Center||$1006.88|
How Does the Average Person Spend Their Money in Czech Republic?
Cost of living of an average person in the Czech Republic is around $600-750 per month.
Surely, the prices differ depending on the region, the city, transportation expenses, rental, food preferences etc.
In general, the average person spends most of their money on markets.
The second place in the chart is given to rent per month.
Transportation expenses complete the top-three.
Less than 10% of the monthly income is spent on restaurants and utilities, and less than 7% are payed for sports, leisure, shoes and clothes.
Czech Republic: Average Salary, Minimum Wage & Mortgages
As of the end of 2018, the minimum wage in the Czech Republic remained unchanged and made $573.0 per month.
People usually receive salaries in Czech Koruna which is an officially set currency in the country.
This year, the national minimum wage has increased by 10.91% compared to the previous year.
The Czech Republic is placed 32 among 97 countries with the lowest minimum wages.
The average salary across the country makes around $1,054.16 and the yearly mortgage interest is fixed at 2.50% (for 20 years).
Cost of Living by City in Czech Republic
|City||Cost of Living Index|