In fact, if I have to compare the Czech Republic to all cheapest countries to live in Europe that I put above in this post, Czechia is much more expensive than each of them. For example, it is more expensive than Lithuania only by 8.5%, 18% more expensive than Poland, but 48.3% more expensive than Bulgaria. It is about the same as Portugal but Cost of living in London is 91% more expensive than in Madrid. Cost of living in Santiago, Chile is 6% cheaper than in Mexico City. Cost of living in Tokyo is in Moscow. Full cost of living comparison of Brno vs Prague. Prices and comparisons for the whole range of expenses: food, housing, going out, etc. Updated on Nov 2023. Czech Republic has a GDP per capita of $38,300 as of 2020, while in Canada, the GDP per capita is $45,900 as of 2020. be 2.0 times more likely to be unemployed. In Czech Republic, 2.8% of adults are unemployed as of 2019. In Canada, that number is 5.7% as of 2019. pay a 50.0% higher top tax rate. The average cost of living in the Czech Republic ($1477) is 0% less expensive than in Iceland ($2384). the Czech Republic ranked 32nd vs 7th for Iceland 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 1.5 months in Iceland. Cost of living in Prague (Czech Republic) is 12% more expensive than in Zlín (Czech Republic) We need your help! Expatistan is a collaborative effort. The data gets The average cost of living in the Czech Republic ($1477) is 2% more expensive than in India ($435). the Czech Republic ranked 32nd vs 188th for India 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 1.5 months in India. Living in the Czech Republic can cost you between $350 and $750 a month. This includes your home, food, and rides on buses or trains. Prices are climbing fast, though. For example, Prague is now 33rd out of 227 cities for how much it costs to live there. For a family with four people, living each month might need about 90,676 Kč ( Czech crowns ). The Czech Republic uses the koruna as its national currency, and one US dollar now buys about 22 CZ koruna. This resource provides estimates in Euros. The following table provides a high-level overview of how much a three-day stay in Prague can cost. Cost of a three-day stay in Prague ocR98.