The Czech Republic, a member of the European Union, offers a European standard of living with a major advantage—its cost of living is significantly lower than that of many other countries in the region. When you combine this affordability with its central location in Europe and its rich cultural heritage, the Czech Republic stands out as an excellent option for those considering emigration. As a result, it has become a popular destination for expats from all over the world, including citizens of Moldova, the Philippines, and Kenya.
Cost of Living in the Czech Republic
For those planning to move to the Czech Republic, understanding the cost of living is crucial. According to the Mercer Cost of Living ranking, Prague, the capital city, ranks 60th out of 227 cities globally. It is notably more affordable than other major European cities like London, Dublin, and Milan. However, the cost of living can vary depending on where you are in the country, with rural areas offering even lower living costs.
On average, a single person can expect to spend around 42,043 Czech korunas (approximately 1,650 euros) per month to cover living expenses. For a family of four, monthly expenses tend to be higher, averaging 83,035 korunas (about 3,275 euros).
Whether you are considering moving to the vibrant city of Prague or the more tranquil rural areas, the Czech Republic offers a high quality of life at an affordable price, making it a top choice for expats looking for new opportunities in Europe.