Cost of living in Prague vs US

Embarking on a journey to a new country always sparks curiosity about the cost of living, especially when considering a move or extended stay. This article delves into a detailed comparison of living expenses between Prague, a historical gem in the heart of Europe, and the United States, known for its vast and varied landscapes. From the price of a cup of coffee to the cost of a monthly transportation pass, we'll explore how these two distinct locales compare in terms of everyday expenses, offering valuable insights for travelers, expats, and those dreaming of life abroad.

Table of Contents

Overview of Cost Differences

In a nutshell, the United States is significantly more expensive than Prague in various aspects of living. The overall cost of living in the U.S. is about 32.5% higher than in Prague. This includes various categories such as dining out, grocery shopping, transportation, housing, childcare, entertainment, and clothing. While specific percentages vary across these categories, they collectively paint a picture of the U.S. as a pricier destination compared to the charming and historically rich city of Prague.

The cost of living in Prague is generally lower compared to the United States. Here's a breakdown of some key aspects:

  1. Housing and Accommodations: The rent prices in the Czech Republic are substantially lower than in the United States. Specifically, rent prices in the Czech Republic are about 52.2% lower on average than in the U.S. For instance, the monthly rent for a 1-bedroom apartment in the downtown area of Prague is around $1,062, compared to $1,528 in the United States. Accommodations like 3-star and 4-star hotels are also significantly cheaper in Prague, costing 41% and 52% less respectively than in the U.S.

  2. Groceries: The overall cost of groceries in Prague is lower. For example, the price of supermarket food in Prague is about 39% cheaper than in the U.S. Items like bread and rice are about 53% and 40% less expensive respectively in Prague compared to U.S. prices.

  3. Transportation: While the cost of gasoline is higher in Prague (about $7.00 per gallon compared to $3.72 in the U.S.), public transportation is more affordable. A monthly public transit pass in Prague costs around $25.72, significantly lower than in many U.S. cities.

  4. Utilities and Internet: Utilities for a standard apartment tend to be cheaper in Prague. For instance, the cost for internet service (50 mbps or faster, cable/DSL) is substantially higher in the U.S. at around $70.73 compared to $26.19 in Prague.

  5. Childcare and Education: Childcare costs are higher in Prague. A private preschool for one child costs about $808.25 monthly, which is around 40.8% higher than in the U.S.

  6. Entertainment and Dining Out: Restaurant prices in Prague are notably lower. A basic lunchtime meal in the business district costs about 237 Kč, and a combo meal in a fast-food restaurant is around 201 Kč. The cost for entertainment, like cinema tickets and gym memberships, is also generally lower in Prague.

  7. Clothing: Clothing costs can vary, with some items like jeans being more expensive in Prague compared to the U.S.

In summary, while certain expenses like childcare might be higher in Prague, the overall cost of living, including housing, groceries, transportation, and dining out, is lower than in the United States. This makes Prague an attractive destination for those seeking a more affordable living situation.

How does the cost of housing in Prague compare to the US?

Housing in Prague is indeed significantly cheaper than in the United States. The cost of housing in Prague is approximately 57.7% lower than in the U.S. This substantial difference is reflected in the rental prices of apartments. For instance, a one-bedroom apartment in the downtown area of Prague costs around 23,888.99 Kč (approximately $1,062.03), whereas a similar apartment in downtown New York City would cost about 49,946.96 Kč (approximately $2,193.36).

The rental price in Prague is influenced by the location of the apartment, particularly its proximity to the historic city center. Apartments located in the city center tend to be more expensive than those in more remote areas. Additionally, the cost of housing decreases outside of major cities, making it even more affordable.

It's important to note that these figures can vary based on the specific location within Prague or the U.S., the size and condition of the apartment, and the current market conditions. However, overall, Prague offers a more affordable housing market compared to the U.S. This affordability is a significant factor for those considering living or relocating to Prague.

How does the cost of food in Prague compare to the US?

The cost of food in Prague is indeed lower than in the United States. This difference is evident in both restaurant prices and the cost of groceries:

  1. Restaurant Prices: Dining out in Prague is more affordable compared to the U.S. A meal at an inexpensive restaurant in Prague costs about $7.39, significantly less than the average cost of $18.15 for a similar meal in the U.S. Fast food prices also reflect this trend, with a combo meal in Prague costing around $7.56, while the same meal in the U.S. averages at about $9.28​​​​.

  2. Grocery Prices: Groceries in Prague are generally cheaper than in the U.S. For instance, basic grocery items such as bread and local cheese cost notably less in Prague. This trend extends to various other grocery items as well, contributing to the overall lower cost of living in terms of food in Prague compared to the United States​​​​.

Overall, the cost of food, whether dining out or buying groceries, is more affordable in Prague than in the United States. This contributes to the lower overall cost of living in Prague.

Popular excursions in Prague
Prague Castle and Jewish Quarter Tour with Cruise and Lunch
Prague Castle and Jewish Quarter Tour with Cruise and Lunch
See the highlights of Prague by land and water on a 6-hour tour, including stops at the Charles Bridge, Prague Castle complex and much more. Enjoy a delicious lunch at a local restaurant. Then, take a relaxing boat trip down the River Vltava.
€78.97
per person
Guide rating
More details
3-Hour Dinner River Walk: Prague by Night
3-Hour Dinner River Walk: Prague by Night
Experience the charm of Prague at night on a 3-hour dinner cruise. Admire the historic monuments illuminated after dark, such as Prague Castle and the Dancing House on the Rašínovo embankment. Feast from a menu of international and Czech food.
€59
per person
1625 reviews
More details
Prague: Sightseeing Dinner Cruise on Open-Top Glass Boat
Prague: Sightseeing Dinner Cruise on Open-Top Glass Boat
Marvel at the beauty of Prague’s historic monuments illuminated at night, including Prague Castle, on a stylish 3-hour buffet cruise aboard a modern open-top glass boat.
from €69
per person
796 reviews
More details
Prague: Panoramic Vltava River Cruise
Prague: Panoramic Vltava River Cruise
Admire Charles Bridge, Prague Castle, Kampa Island and other highlights of Prague from the water on a popular Vltava River boat trip. This family friendly cruise provides panoramic views of the City of a Thousand Spires.
€12.7
per person
736 reviews
More details
45-Minute Historical River Cruise With Refreshments
45-Minute Historical River Cruise With Refreshments
Enjoy a relaxing 45-minute canal tour in the heart of Prague and cruise down the Vltava River. Listen to an audio commentary while passing by the Prague Castle and the Charles Bridge.
€22.3
per person
931 reviews
More details
Prague: Vltava River Night Cruise with Buffet
Prague: Vltava River Night Cruise with Buffet
Admire the historic monuments illuminated after dark, such as Prague Castle and the Dancing House on the Rašínovo embankment. Feast from a menu of international and Czech food.
from €59
per person
784 reviews
More details
Sightseeing Boat Cruise with Buffet Dinner
Sightseeing Boat Cruise with Buffet Dinner
Glide along the Vltava River through the heart of Prague. Feast from a romantic, buffet style dinner and enjoy scenery of the monuments and bridges, such as the National Theater and Charles Bridge.
€43.65
per person
739 reviews
More details
Prague: Big Bus Hop-on Hop-off Tour and Vltava River Cruise
Prague: Big Bus Hop-on Hop-off Tour and Vltava River Cruise
Explore Prague at your own pace aboard a comfortable, single-decker and double-decker hop-on hop-off sightseeing bus, and get access to all the city’s main points of interest.
from €29.44
per person
712 reviews
More details
Sign in
Sign up
Please fill in the required fields
By sending this form, i accept Terms of service and agree to the processing of my personal data in accordance with the Personal data processing policy.
Restore password Sign in
Restore password
Please list e-mail or phone number linked to your account to receive restore password link.
Please fill in the required fields
Sign up Sign in
To improve the service Alle! uses cookies. By continuing browsing, you agree to their use. By continuing using our website you agree with Terms of use and Privacy policy.
Close