How much does it cost to live in Prague?

Typical monthly costs in Prague are approximately Kč22,000 in rent and Kč18,000 in other expenses, totalling around Kč40,000/month.

How much should I save in Prague?

Based on Czech Statistical Office HBS 2022, people at mid-range incomes in Czech Republic typically save 12–20% of gross income. In a high cost city like Prague, housing costs can reduce this, particularly for renters.

Prague · CZK · high cost city

Cost of living in Prague — is your salary enough?

Prague median rent is approximately 22,000 Kč/month, having doubled since 2019 as demand from tech workers and foreign investment surged. Prague's rapid rent inflation has outpaced wage growth, compressing savings rates significantly for mid-income earners.

Rent in Prague

Budget16,500 Kč – 19,800 Kč/mo

Typical22,000 Kč – 25,300 Kč/mo

Premium28,600 Kč+/mo

Other monthly costs

Food, transport, bills, going out~18,000 Kč/mo

Total typical monthly spend~40,000 Kč/mo

How different incomes stack up

At typical Prague costs (22,000 Kč rent)

350,000Kč – 500,000Kč→ saving -12.9%

Critical

500,000Kč – 700,000Kč→ saving 20%

Ahead

700,000Kč – 1,000,000Kč→ saving 43.5%

Ahead

See your personal verdict for Prague

Country

Annual income (gross)500,000Kč

150,000Kč1,075,000Kč2,000,000+Kč

Monthly rent or mortgage22,000Kč/mo

0Kč30,000Kč60,000+Kč

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

16,000Kč/mo

0Kč25,000Kč50,000+Kč

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Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from Czech Statistical Office HBS 2022. Figures in CZK.

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Also in the Verdict suite

SalaryVerdict — Is your Prague salary competitive?SpendVerdict — Is your Prague rent too high?