Cost of Living Report: 2015 Edition

Once again it’s time for us to give you an estimate of expected living expenses in Prague. There have been a few increases compared to last year, especially in real estate and groceries. Other areas such as transport and phones have remained unchanged.

The best way to view the following guide is a rough map. In most cases, the figures are averages. You will most definitely find outliers with regard to food and accommodation. Where there is quite a range, the entry has been marked, or the range left in.

With this year’s guide we should offer a caveat. The Czech Crown has been losing value, especially against the Pound Sterling and the US Dollar, so it is difficult to say how long the prices converted into other currencies will remain valid. Again please treat this as a tough guide which was accurate at the time of publication.

The following show how many crowns for one unit of the given currency:

Euro: 28.04

GBP: 36.22

USD: 23.80

*If you visit pubs outside the center you will find cheaper meals and beer.

*The price for fresh milk and UHT varies quite a bit.

**There seemed such a broad range of prices it made no sense to average it. The lower price represents the generic brands; the higher price is for the “better quality”.

***Again a rough average. Some beers can be as low as 7 CZK with Pilsner Urquell selling for over 20 CZK. The price does not include the 3 CZK refundable deposit for beer bottles.

**If purchased from a bus driver.

***Prices depend on the taxi company.

****Based on prices given on January 14, 2015.

*Prices vary depending on time of year and deals that the table shows are the lowest prices found for 2015 on January 14, 2015.

*These prices are an average of the market rent as of January 14, 2015 using the information found here and an average of flat sizes in the various categories.