Cost of living in the Czech Republic: Everything you need to know

The Czech Republic’s living costs are seen as reasonable. The average monthly cost of living is between 350 and 750 USD and includes food, accommodation, public transportation, and cultural events. Prices will, of course, differ based on location, lodging choices, lifestyle, and spending and consuming habits. Continue reading to know more about the cost of living in the Czech Republic.

How much does it cost to live In the Czech Republic for students?

Many believe that living expenditures in the Czech Republic are significantly higher than in their home countries. However, this is a misconception. First, there is a student benefits system that you may access if you have a study confirmation or an ISIC card. 

The ISIC system runs in over 100 countries; the card gives discounts and travel incentives, discounts for museum and movie visits, and discounts for transportation in and out of the Czech Republic.

Accommodation

In the Czech Republic, the cost of student housing in a dormitory ranges from 4,500 to 7,500 CZK (180-300 EUR).

A one-room apartment in the town costs 14.000 CZK (560 EUR), whereas a one-bedroom flat in the countryside costs 11.000 (440 EUR). 

You may also rent a huge apartment with friends, in which case the average price of the room will be 7000-8000 CZK (280-320 EUR).

Food

The amount of money you will spend on food every month ranges between 4,000 and 8,000 CZK. The most cost-effective alternative is to purchase the groceries and prepare the meal at home (150-200 EUR). A few products may be more expensive, while others may be less expensive.

In the Czech Republic, for example, the following food products and prices are standard:

• 52 CZK for eggs
• 22 CZK for two pounds of potatoes
• 22.50 CZK for a liter of milk
• 90.5 CZK for one pound of chicken breast
• 39 CZK for two pounds of apples
• 38.50 CZK for a two-liter Coke
• 14 CZK for bread

If you have an ISIC, you may dine at Menza (student dining room) twice a day for an average of 2-3 EUR for lunch and supper.

Lunch in a café or restaurant costs between 100 and 200 CZK (8 EUR), making it a premium choice for individuals prepared to spend more than 7,000 CZK per month (280 EUR).

Transport

If you do not want to purchase a car while living in the Czech Republic, you may make use of the country’s public transit system. When you choose this method, you will have several alternatives.

A monthly travel ticket in Prague costs 550 CZK (22 EUR) for adults over the age of 26, and 130 CZK for students with an ISIC card or study confirmation (5 EUR). This travel ticket entitles you to unlimited rides on all modes of transportation during the month.

Those who use a cab in the Czech Republic will find it less expensive than in other parts of Europe. The price is $0.90 per kilometer.

Entertainment

In the Czech Republic, there are several cinemas, concert venues, and clubs to visit, as well as many other forms of entertainment.

Almost every Czech citizen has access to the country’s cultural life. In the existence of ISIC cards, there are lucrative deals for students. A movie ticket will cost you 100-120 CZK (5-6 EUR) instead of 180-200 CZK, and a trip to the pool will cost you 80 CZK instead of 180-200 CZK (3.5 EUR). If you want to watch a Broadway-style musical, you’ll have to pay a bit extra, roughly USD 45.

All museums in the nation offer students a 50% discount on admission. It’s worth noting that students from creative colleges can enter for free. Fitness establishments with lectures and equipment cost between 300 and 500 CZK per month (12-15 EUR).

Healthcare

Health care in the Czech Republic is free, with semi-annual/annual insurance. The cost of insurance is from 500-800 EUR. Plus you have the right to return your money through insurance (refund from 50% to 90% of the amount) if you have kept your check while buying a medicine.

In the Czech Republic, healthcare is paid for by taxes, and there are no additional expenses for appointments or most surgeries. If you are an expat or a student on a student visa, you must obtain insurance elsewhere.

The cost of healthcare in the Czech Republic varies based on the features of your coverage. The authorities advised students to secure at least USD 70,000 in coverage during their stay in the country.

Getting a private healthcare policy is the best option if you live in the country as an expat. It is important to talk with an agent to obtain the greatest coverage for your situation. The cost of health insurance can range from a few hundred to several thousand dollars each month.

Takeaways 

• There are many wonderful countries on the European continent, but the Czech Republic is one of the better low-cost alternatives for those seeking to relocate. With many of the same pleasures as other European towns, you may have a comparable experience at a lower cost.
• While obtaining citizenship in the Czech Republic might be challenging, obtaining a long-term visa is quite straightforward. Many immigrants might stay for years at a time due to the inexpensive cost of living.
• The Czech Republic is an excellent destination for families, with numerous opportunities for recreation, entertainment, and education.
• Child care is both high-quality and reasonably affordable, and the central position allows for regular travel to neighboring countries.

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FAQs

Q1- What is the minimum amount of money required to live comfortably in the Czech Republic?

Answer- Living expenses in Czech Republic are seen as reasonable. The typical monthly cost of living for an international student in Czech Republic ranges from 350 to 750 USD, which includes food, lodging, public transportation, and cultural activities. Prices will, of course, vary depending on your location, lodging preferences, lifestyle, and spending habits.

Q2- Is it easy to find work in the Czech Republic?

Answer- Currently, unemployment is relatively low. Finding a job is dependent on your education, degree, field, or industry. So, if you have a degree, some experience, and work in a sector such as information technology, you should have no problem finding a job.

Q3- Is Czech Republic a safe country?

Answer- When deciding where to study or work abroad, one of the most important factors to consider is safety. Fortunately, according to the Global Peace Index 2019, the Czech Republic is one of the safest countries.