Cost of living in Prague, Europe
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How much money do you need to live in Prague?

City Europe Updated July 2026

A comfortable single-person budget in Prague is $2,575 per person per month at the moderate tier, with housing as the largest line at roughly $1,181. CostLivingโ€™s moderate benchmark covers a one-bedroom in a mid-tier neighbourhood, groceries, utilities, public transport, and modest discretionary spending. Real listings broadly match: a one-bed in Vinohrady, Karlin, or Smichov typically runs CZK 22,000 to CZK 32,000 a month (roughly $1,000 to $1,450), with newer or central buildings at the top of that range. A budget existence on $1,545 a month is possible with a flatshare further out. A two-person household generally needs $4,000 to $4,800 for the same lifestyle. For the full breakdown, see our Prague cost of living page.

About the author

Jo Berks

Jo Berks

Global Cost of Living Research & Data Analyst

Jo is an independent researcher with over a decade of experience delivering data, analysis, and structured reports across multiple industries. Her work focuses on sourcing and validating datasets to produce clear, usable insights. At CostLiving, she analyses global pricing data and identifies regional cost trends to support research-led content and comparative resources.

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