Prague, the Czech Republic capital is a must-see place for all travellers exploring the beauty of Europe.
Walking on the Charles Bridge, exploring Prague Castle, one of the most impressive castles in Europe, or just tasting the world-famous Czech beer is something which should be on everyone’s bucket list.
It is no wonder that many travellers are so fascinated about Prague that they decide to stay more than just few days and start living in Prague as expats or digital nomads.
If you are thinking about making this move yourself, here is what you need to know about the cost of living in the Czech Republic.
- Living in Prague, Czech Republic
- Cost of living in Prague, Czech Republic
- Finding accommodation in Prague, Czech Republic
- Meeting people in Prague, Czech Republic
- Guide to Living in Prague, Czech Republic
- 3 Days in Prague, Czech Republic – A No-Frill Prague Itinerary
- 16 Things You Should Know Before Visiting Prague, Czech Republic
- Cheapest Way To Travel Around Europe – 50+ Tips To Make The Most Of Your Europe Trip!
- Where To Stay In Prague, Czech Republic
- Best Christmas Getaways in Europe
- Exploring Europe’s Capital Cities on a Budget
- 50+ Essential Europe Travel Tips To Equip Yourself Before Every Europe Holiday
Living in Prague, Czech Republic
Once you start living in Prague, you get to see places and experience events you don’t get to experience as a tourist.
Admiring the Prague Astronomical Clock in the Old Town Square and taking pictures in the enormous Wenceslas square is something each tourist can brag about but rarely any can say that they have used a paternoster lift or escaped the bustle of the city to the nature reserve, Divoká Šárka, located on the outskirts of Prague.
Moreover, not many visitors of Prague have the chance to experience one of the many food festivals taking place in Prague throughout the year.
These festivals range from popular beer and burger festivals to ice cream festivals, street food festivals and many more. Not to mention that you get to experience the famous Signal Festival held annually in October.
Living in the Czech Republic as an expat or a digital nomad means experiencing the city from all its sides.
Cost of living in Prague, Czech Republic
The Czech Republic has not adopted Euro as their common currency yet and uses the Czech crown (CZK). Because of its favourable exchange rate for EUR and USD, visiting the Czech Republic is very affordable for almost any visitors, especially those coming from within the EU or North America.
Eating out in Prague
Eating out in Prague is quite affordable if you dine in restaurants outside of the main tourist spots where prices are inflated to astronomical heights – just as in any other big city.
If you dine in a normal restaurant, expect to pay 90 CZK – 140 CZK (USD4 – USD6) for lunch and around 140 CZK to 220 CZK (USD6 – USD10) for dinner.
For the famous Czech beer, expect to pay as little as 20 CZK (USD1) for a bottle in a supermarket and around 45 CZK (USD2) if you get a drafted beer in a pub or in a bar. The often repeated saying that beer in the Czech Republic is cheaper than water is indeed true.
Travelling around the Czech Republic
Depending on which areas you stay in Prague, travelling around the Czech Republic and to its neighbouring countries can be cheap too. Because of the fierce competition fight between the two main bus providers Student Agency and FlixBus, the prices are very affordable.
For instance, you can get to the second largest Czech city, Brno, for as low as 200 CZK (USD9) and to Berlin for 390 CZK (USD17).
The Czech Republic has also very dense rail network so travelling by train is very convenient but can be a little more expensive than traveling by a bus. For instance, travelling to Brno, you would pay 200 CZK (USD9) and to Berlin 760 CZK (USD34).
Mobile plans in Prague, Czech Republic
What’s on the contrary not cheap is the price for telecommunication. The Czech Republic has one of the highest prices for the mobile internet. You can get 7GB for 790 CZK (USD35).
An alternative would be to get an electronic SIM on Airalo, the world’s first eSIM store which eliminates the need for roaming plans or the hassle of hunting for physical SIM cards. Travellers can have access to local electronic SIMs from over 160+ countries through their website.
Finding accommodation in Prague, Czech Republic
Prices of accommodation differ based on the location you live in, with Prague being the most expensive place to live. Still, it’s not surprising that pretty much all expats want to live in Prague, the capital city.
Finding accommodation in Prague is getting harder every year as more and more locals decide to rent their apartments on Airbnb which has a huge impact on the housing market. Due to that fact, even the locals are having problems finding apartments for themselves.
If you desire to rent an apartment just for yourself, expect to look for an available one couple of weeks – if not months – later, especially if you’re on a budget. If you don’t mind sharing a room, your chances of finding an apartment fast are much higher.
The cheapest way how to find an apartment is, by no surprise, without any agency being the middle man.
Locals usually start their search by going through Facebook groups devoted to finding an accommodation. There are new accommodation offers almost every day but because of the above-mentioned housing problem in Prague, and there are always many replies for each of the offer, so it can take time until you get accepted if you are not willing to pay more and outbid the others.
To increase your chances, be sure to not just reply other offers but also to post your own ad every few days. You never know, you may get lucky and someone may reach to you directly.
For a room in a shared apartment, expect to pay around 6500 CZK – 12 000 CZK a month (USD280 – USD530) depending on location. Utilities and other charges are mostly included. If not, expect to pay additional 1000 CZK – 1700 CZK (USD45 – USD75).
You could get a studio flat just for yourself for the same price but expect it to be further from the city centre and poorly furnished.
For any other apartments which you want to have just for yourself, expect to pay no less than 15 000 CZK (USD660) a month.
Meeting people in Prague, Czech Republic
Many travellers describe Czech people as being reserved and cold but that is just because you don’t have a chance to truly get to know their personality when passing by on a short trip.
Czechs tend to be more formal and don’t trust people they don’t know well. However, once you get to know a Czech better, you’ll find that they are very friendly and hospitable.
Mostly expats living in Prague don’t get to know this side of Czechs as they tend to make friends only among other expats. If you truly want to experience living in Prague, be sure to make Czech friends too as that’s the best way to understand their culture and to find the best pubs and bars in Prague!
One of the ways to make Czech friends can be through language exchange. There are many Czechs eager to practice their English or other foreign languages in exchange for teaching some Czech.
Also, learning even a little bit of Czech can go a long way. Czechs are not used to hearing any Czech from foregners and every attempt to use their native language is much appreciated.
Another advantage of having a Czech friend is that you get great tips for trips around the Czech Republic, which you can’t always glean from the internet.
Prague is just one of the many beautiful places you can visit. Having a Czech travel buddy is the unique way how to discover the hidden gems of this country in the heart of Europe.
Prague is also a perfect starting point for discovering the surrounding countries. Czechs often go on vacation to Germany, Austria and Slovakia, and they can give you valuable tips about these destinations.
Living in the Czech Republic as an expat or a digital nomad is, for relatively good prices, an ideal place for discovering the Czech Republic itself and its neighbouring countries. You will have a chance to experience all the things that this small country in the heart of Europe has to offer and your friends will be jealous that you get to drink delicious Czech beer every day.