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If you're thinking of traveling or moving to Prague, one of the first things you'll need to know is how much money should you bring. We've compiled a list of approximate average prices for some common goods and services that should give you a general idea of the cost of life here. Like many post-Communist countries, wages are fairly low -- in the first half of 2008 the average monthly wage in Prague was 28,616 CZK and 22,840 CZK in the Czech Republic as a whole -- so food and other necessities are cheap compared to luxury goods and non-essential activities. (Fortunately, beer is considered a necessity.) Please note that, like anywhere else in the world, prices in Prague can vary wildly from place to place. The figures below are only intended as a guideline. For more detailed information, please post a question in our Expat Q&A forum. All the prices include value added tax (DPH), which is 19% for most goods and services and 9% for some services and essential goods.
Last Updated: March 2009 Exchange Rates 1 USD = 21.08 CZK 1 GBP = 29.14 CZK 1 EUR = 26.96 CZK Today's Exchange Rates • To book a table at one of the city's finest dining establishments, use PTV's Prague's Best Restaurants booking service | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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