Cost of Living - 2008 Version

Cost of living comparison chart for Prague

Expats.cz

Written by Expats.cz
Published on 19.01.2006 11:48 (updated on 19.01.2006)

For an updated version of this article, click here.

(NOTE: prices and exchange rates updated for August, 2008)

One thing you´re going to need to know before coming to Prague is how much things are going to cost you. Can I live on this 60,000 CZK/month salary? How much for a beer?

Seasoned expats will already be familiar with the cost of living in Prague, but I hope the following chart might be useful for those relocating, visiting, or just thinking about coming to the Czech Republic. Though prices for many things are rising (public transport tickets nearly doubled last year), and the exchange rates are dropping, Prague still remains somewhat inexpensive compared to its Western neighbors – especially for life´s necessities. However, non-essential items, like electronics, are likely to be more expensive than they may be in other countries.

The following should give you some idea of the average prices for living in Prague:

RESTAURANTS CZK EUR GBP USD
Meal, Inexpensive Restaurant 130 5.65 4.48 8.97
Meal for 2, Mid-range Restaurant 600 26.09 20.69 41.38
Combo Meal at KFC/McDonald’s 100 4.35 3.45 6.90
Sausage at Wenceslas Sq. 30 1.30 1.03 2.07
Domestic Beer (0.5 liter draught) 25 1.09 0.86 1.72
Imported Beer (0.33 liter bottle) 55 2.39 1.90 3.79
Coke/Pepsi (0.33 liter bottle) 28 1.22 0.97 1.93
Water (0.33 liter bottle) 28 1.22 0.97 1.93
MARKETS CZK EUR GBP USD
Milk (1 liter) 16 0.70 0.55 1.10
Loaf of Fresh Bread 24 1.04 0.83 1.66
French Baguette 19 0.83 0.66 1.31
Eggs (10) 24 1.04 0.83 1.66
Cheese (100g) 20 0.87 0.69 1.38
Water (1.5 liter bottle) 12 0.52 0.41 0.83
Bottle of Czech Wine 80 3.48 2.76 5.52
Domestic Beer (0.5 liter bottle) 12 0.52 0.41 0.83
Imported Beer (0.33 liter bottle) 30 1.30 1.03 2.07
Pack of Cigarettes (Marlboro) 60 2.61 2.07 4.14
Pack of Cigarettes – Czech Brand 40 1.74 1.38 2.76
TRANSPORTATION CZK EUR GBP USD
One-way Ticket  18 0.78 0.62 1.24
Transfer Ticket  26 1.13 0.90 1.79
24-hour Pass 100 4.35 3.45 6.90
Monthly Pass 550 23.91 18.97 37.93
Annual Pass 4,750 206.52 163.79 327.59
Taxi (airport to center) 500 21.74 17.24 34.48
Taxi (within center)  150 6.52 5.17 10.34
ACCOMODATION (Monthly) CZK EUR GBP USD
Single Room in Prague 1/2 9,000 391.30 310.34 620.69
Single Room Outside of Centre 6,000 260.87 206.90 413.79
Apartment (1+1) in Prague 1/2 16,000 783.61 620.69 1241.38
Apartment (1+1) Outside of Centre 12,000 521.74 413.79 827.59
Apartment (2+1) in Prague 1/2 22,000 1043.48 827.59 1655.17
Apartment (2+1) Outside of Centre 15,000 652.17 517.24 1034.48
UTILITIES, ETC. (Monthly) CZK EUR GBP USD
Basic (Gas, Electricity, etc.) 2,500 108.70 86.21 172.41
Phone (Land Line) 500 21.74 17.24 34.48
Mobile Phone 700 30.43 24.14 48.28
Internet (512 kbps ADSL) 600 26.09 20.69 41.38

Exchange rates:
1 USD = 14.50 CZK
1 GBP = 29.00 CZK
1 EUR = 23.00 CZK

NOTES:

All prices are, of course, variable; I tried to come up with a good median, but most prices will deviate 20% in both directions, depending on where you shop/eat/live, and the quality of the goods or services.  Prices for accommodation and utilities will especially fluctuate.  All prices include taxes – a 19% VAT (value added tax) in most cases.

Here are some of the standards I used in the food categories: for water, the Czech brand Mattoni, domestic beer is Gambrinus (don´t forget to return your bottles for the 3 CZK deposit), and imported beer is Heineken – most other brands should fall somewhat near these three.  130 CZK should get you a main course (fried cheese or goulash, maybe), a side of French fries, and a beer or two in most Czech pubs.  600 CZK should buy you a nice romantic dinner in most restaurants – depending, perhaps, on the alcohol intake. 

For a full list of public transportation prices, see: www.dpp.cz.

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