Czech Republic is a stable country with a well-developed macroeconomic policy, minimal retail debt, a stable labor market situation and a solid banking sector. During any crisis, the country maintains a stable outlook. Czech Republic is not a wealthy country, but it has a fairly stable economy. The average wage in the country is about 1870 Summary of cost of living in Slovakia: A family of four estimated monthly costs are 2,696.9$ (2,466.7€) without rent. A single person estimated monthly costs are 796.2$ (728.2€) without rent. Cost of living in Slovakia is, on average, 36.2% lower than in United States. Rent in Slovakia is, on average, 67.2% lower than in United States. The average cost of living in China ($678) is 54% less expensive than in the Czech Republic ($1477). China ranked 135th vs 32nd for the Czech Republic in the list of the most expensive countries in the world. The average after-tax salary is enough to cover living expenses for 1.2 months in China compared to 0.9 months in the Czech Republic. Research Highlights: Countries, including Austria, the Republic of Cyprus, the Czech Republic, Denmark, Finland, Germany, Greece, Iceland, Luxembourg, Malta, Norway, Poland, Slovakia, Slovenia, and Sweden, offer free education for certain nationalities and/or certain degrees. In terms of living costs for students, Erudera separates countries For students, the average cost of living in the Czech Republic ranges from 350 to 750 USD per month. This includes accommodation, public transport, meals and culture. However, the average expenses may differ accordingly to each city and everyone’s lifestyle.
According to Numbeo's data, Pakistan has the lowest cost of living index globally at 19.92. This means that the cost of living in Pakistan is more than 80% lower than the cost of living in New York City. Following Pakistan are Afghanistan (20.37), India (24.43), and Colombia (26.72).
average cost of living in czech republic
Cost of living in Czech Republic compared to United States. Food. - 43%. Food in Czech Republic is 43% cheaper than in United States. Czech Republic. United States. Diff. Basic lunchtime menu (including a drink) in the business district. 226 Kč ($10)

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 Estonia ($1162). the Czech Republic ranked 32nd vs 52nd for Estonia 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 1.3 months in Estonia.

Consumer Prices Including Rent in Czech Republic are 19.3% higher than in Poland: Rent Prices in Czech Republic are 15.0% higher than in Poland: Restaurant Prices in Czech Republic are 0.1% higher than in Poland: Groceries Prices in Czech Republic are 28.1% higher than in Poland: Local Purchasing Power in Czech Republic is 1.2% lower than in Poland

The average cost of living in Canada ($1931) is 31% more expensive than in the Czech Republic ($1477). Canada ranked 14th vs 32nd for the Czech Republic in the list of the most expensive countries in the world. The average after-tax salary is enough to cover living expenses for 1.5 months in Canada compared to 0.9 months in the Czech Republic.

The average cost of living in Cyprus ($1504) is 2% more expensive than in the Czech Republic ($1477). Cyprus ranked 30th vs 32nd for the Czech Republic in the list of the most expensive countries in the world. The average after-tax salary is enough to cover living expenses for 1 months in Cyprus compared to 0.9 months in the Czech Republic.

An Extra Note About Living in the Czech Republic. The cost of living in the Czech Republic is quite manageable, though it is important to note that Russia’s invasion of Ukraine has had a significant impact on inflation in the Czech Republic. Prices continue to rise, but it is still an affordable place to live. Speaking of Ukraine, the Czech
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 average cost of living in the Czech Republic ($1477) is 1% more expensive than in the Palestine ($820). the Czech Republic ranked 32nd vs 104th for the Palestine in the list of the most expensive countries in the world. The average after-tax salary is enough to cover living expenses for 0.9 months in the Czech Republic compared to 0.9 months in the Palestine. Summary of cost of living in Czech Republic: A family of four estimated monthly costs are 2,860.2$ (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. Summary of cost of living in Czech Republic. Family of four estimated monthly costs: €3,541 (87,150 Kč) Single person estimated monthly costs: €1,891 (46,550 Kč) Czech Republic is the 2nd most expensive country in Eastern Europe (2 out of 10) Cost of living in Czech Republic is cheaper than in 51% of countries in the World (35 out of 69) The living standard in Czech Republic also varies by regions, the prices of some products and services in Prague (Capital) are sometimes twice as high as in other parts of the country. Students going for placement in the Czech Republic should visit the following websites to get an idea of what the prices for everyday items are.
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The Czech Republic Youth Mobility Visa. Citizens of five countries between the ages of 18-30 may be eligible for the Czech Republic Working Holiday program. Canada; Chile; Taiwan; New Zealand; South Korean ; Czech Republic Long-Term Residence Permit. For those moving to the Czech Republic from outside the EU, Expats need to fill out an ySlF.