🐢 Average Cost Of Living In Czech Republic

Summary of cost of living in Czech Republic: A family of four estimated monthly costs are 2,860.2$ (64,138.2Kč) without rent. A single person estimated monthly costs are 858.6$ (19,254.2Kč) without rent. Cost of living in Czech Republic is, on average, 31.8% lower than in United States. According to the most recent Big Mac Index, a survey published by The Economist twice per year that compares the price of McDonald's signature burger in countries across the world, the Czech crown was 22 percent undervalued in July. The cost of a Big Mac in the Czech Republic was 95 crowns, compared to $5.15 (about 126 crowns) in the United States. Summary of cost of living in Brno, Czech Republic: A family of four estimated monthly costs are 2,502.6$ (56,332.9Kč) without rent (using our estimator). A single person estimated monthly costs are 745.0$ (16,768.7Kč) without rent. Brno is 56.6% less expensive than Seattle (without rent, see our cost of living index). The average cost of living in Hradec Kralove is $1259, which is close to the world's average cost of living, ranked 4100th out of 9294 in our global list and 42nd out of 58 in the Czech Republic. The median after-tax salary is $1574, which is enough to cover living expenses for 1.3 months. The Czech Republic is situated in central Europe and boasts a spectacular old town with some magnificent Gothic architecture and historic buildings. In the Czech Republic, Prague Castle, Charles Bridge, and Bohemian Paradise are some famous places and are worth visiting. Cost of living in Czech Republic, Prague Many experts are currently speculating about what inflation means for markets and the economy. The inflation rate in the Czech Republic is among the most dramatic among the developed countries: it rose from 17.2 percent in June to 17.5 percent in July. The minimum wage in the Czech Republic is around 8000 CZK (or 48 CZK per hour / 1.70 GBP), but if you earn this in Prague, you would be unable to survive unless you stay with your parents! The cost of living in some villages in poorer regions can be as little as one-fifth of the capital cost. Czech currency. is called Koruna (Kc or CZK). The average cost of living in the Czech Republic ($1477) is 0% more expensive than in South Korea ($1122). the Czech Republic ranked 32nd vs 58th for South Korea in the list of the most expensive countries in the world. The average after-tax salary is enough to cover living expenses for 0.9 months in the Czech Republic compared to 2.1 months in South Korea. Compare countries by overall cost of living See the cost of living in Czech Republic vs. Canada . This provides a comparison of the average cost of living from cities within Czech Republic and Canada. 2. Student living costs in the Czech Republic. The Czech Republic isn’t a very expensive country. Most international students should live comfortably with a budget of 300–650 EUR per month. Although the Czech Republic is part of the European Union, the national currency is the Czech koruna (CZK). The average cost of living in the Czech Republic ($1477) is 1% more expensive than in Samoa ($619). the Czech Republic ranked 32nd vs 148th for Samoa in the list of the most expensive countries in the world. The average after-tax salary is enough to cover living expenses for 0.9 months in the Czech Republic compared to 0.7 months in Samoa. Homeownership rate in the Czech Republic is about 67.5% where 38.7% of households own a house, and 28.8% are flat owners, while renters make up 19% of households and 7.9% live in co-operative housing. The remaining 5.6% of households live with their relatives and friends. In comparison to 2009, the ownership rate has increased from 63%, while ESr0l.

average cost of living in czech republic