Cost of Living Comparison Between Munich and Prague 

Indices DifferenceInfo
Cost of Living in Prague is 24.9% lower than in Munich (without rent)
Cost of Living Including Rent in Prague is 28.2% lower than in Munich
Rent Prices in Prague are 34.4% lower than in Munich
Restaurant Prices in Prague are 36.9% lower than in Munich
Groceries Prices in Prague are 24.9% lower than in Munich
Local Purchasing Power in Prague is 26.0% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Prague Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(369.87 Kč)
8.92 €
(220.00 Kč)
     -40.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(1,849.36 Kč)
48.67 €
(1,200.00 Kč)
     -35.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 €
(271.24 Kč)
8.09 €
(199.50 Kč)
     -26.4 %
Domestic Beer (1 pint draught) 4.50 €
(110.96 Kč)
2.39 €
(59.00 Kč)
     -46.8 %
Imported Beer (12 oz small bottle) 4.75 €
(117.13 Kč)
2.43 €
(60.00 Kč)
     -48.8 %
Cappuccino (regular) 3.80 €
(93.62 Kč)
2.92 €
(71.89 Kč)
     -23.2 %
Coke/Pepsi (12 oz small bottle) 3.40 €
(83.76 Kč)
1.55 €
(38.33 Kč)
     -54.2 %
Water (12 oz small bottle) 2.85 €
(70.28 Kč)
1.39 €
(34.23 Kč)
     -51.3 %
Markets
Munich Edit Prague Edit
Milk (regular), (1 gallon) 4.43 €
(109.19 Kč)
3.69 €
(90.91 Kč)
     -16.7 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(51.98 Kč)
1.31 €
(32.23 Kč)
     -38.0 %
Rice (white), (1 lb) 1.23 €
(30.21 Kč)
0.99 €
(24.45 Kč)
     -19.1 %
Eggs (regular) (12) 3.17 €
(78.25 Kč)
2.41 €
(59.48 Kč)
     -24.0 %
Local Cheese (1 lb) 5.94 €
(146.48 Kč)
5.23 €
(128.92 Kč)
     -12.0 %
Chicken Fillets (1 lb) 5.83 €
(143.67 Kč)
3.83 €
(94.39 Kč)
     -34.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.49 €
(184.72 Kč)
5.32 €
(131.08 Kč)
     -29.0 %
Apples (1 lb) 1.25 €
(30.85 Kč)
0.71 €
(17.42 Kč)
     -43.5 %
Banana (1 lb) 0.74 €
(18.16 Kč)
0.69 €
(17.13 Kč)
     -5.7 %
Oranges (1 lb) 1.07 €
(26.31 Kč)
0.89 €
(21.86 Kč)
     -16.9 %
Tomato (1 lb) 1.45 €
(35.88 Kč)
1.33 €
(32.82 Kč)
     -8.5 %
Potato (1 lb) 0.77 €
(19.03 Kč)
0.53 €
(13.14 Kč)
     -31.0 %
Onion (1 lb) 0.81 €
(20.04 Kč)
0.55 €
(13.63 Kč)
     -32.0 %
Lettuce (1 head) 1.82 €
(44.84 Kč)
1.29 €
(31.93 Kč)
     -28.8 %
Water (1.5 liter bottle) 0.91 €
(22.36 Kč)
0.66 €
(16.36 Kč)
     -26.8 %
Bottle of Wine (Mid-Range) 5.99 €
(147.70 Kč)
6.08 €
(150.00 Kč)
     +1.6 %
Domestic Beer (0.5 liter bottle) 0.97 €
(23.92 Kč)
0.93 €
(22.89 Kč)
     -4.3 %
Imported Beer (12 oz small bottle) 1.64 €
(40.52 Kč)
1.68 €
(41.48 Kč)
     +2.3 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(202.20 Kč)
6.08 €
(150.00 Kč)
     -25.8 %
Transportation
Munich Edit Prague Edit
One-way Ticket (Local Transport) 3.70 €
(91.23 Kč)
1.22 €
(30.00 Kč)
     -67.1 %
Monthly Pass (Regular Price) 49.00 €
(1,208.25 Kč)
22.31 €
(550.00 Kč)
     -54.5 %
Taxi Start (Normal Tariff) 5.50 €
(135.62 Kč)
2.03 €
(50.00 Kč)
     -63.1 %
Taxi 1 mile (Normal Tariff) 4.02 €
(99.21 Kč)
1.93 €
(47.48 Kč)
     -52.1 %
Taxi 1hour Waiting (Normal Tariff) 38.00 €
(937.01 Kč)
14.60 €
(360.00 Kč)
     -61.6 %
Gasoline (1 gallon) 6.93 €
(170.95 Kč)
5.98 €
(147.46 Kč)
     -13.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(670,207.33 Kč)
24,941.09 €
(615,000.00 Kč)
     -8.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(681,180.19 Kč)
26,014.29 €
(641,463.16 Kč)
     -5.8 %
Utilities (Monthly)
Munich Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 318.35 €
(7,849.87 Kč)
283.20 €
(6,983.06 Kč)
     -11.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 23.53 €
(580.32 Kč)
26.30 €
(648.56 Kč)
     +11.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.91 €
(934.84 Kč)
20.04 €
(494.18 Kč)
     -47.1 %
Sports And Leisure
Munich Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 46.98 €
(1,158.34 Kč)
57.18 €
(1,409.86 Kč)
     +21.7 %
Tennis Court Rent (1 Hour on Weekend) 27.07 €
(667.53 Kč)
15.58 €
(384.29 Kč)
     -42.4 %
Cinema, International Release, 1 Seat 13.00 €
(320.56 Kč)
10.14 €
(250.00 Kč)
     -22.0 %
Childcare
Munich Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(20,648.88 Kč)
666.33 €
(16,430.56 Kč)
     -20.4 %
International Primary School, Yearly for 1 Child 14,575.00 €
(359,391.90 Kč)
10,687.33 €
(263,529.41 Kč)
     -26.7 %
Clothing And Shoes
Munich Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 91.77 €
(2,262.86 Kč)
78.33 €
(1,931.50 Kč)
     -14.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.52 €
(974.61 Kč)
36.66 €
(904.00 Kč)
     -7.2 %
1 Pair of Nike Running Shoes (Mid-Range) 90.27 €
(2,225.87 Kč)
91.18 €
(2,248.41 Kč)
     +1.0 %
1 Pair of Men Leather Business Shoes 129.89 €
(3,202.81 Kč)
106.95 €
(2,637.19 Kč)
     -17.7 %
Rent Per Month
Munich Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,502.02 €
(37,037.05 Kč)
994.97 €
(24,534.18 Kč)
     -33.8 %
Apartment (1 bedroom) Outside of Centre 1,189.45 €
(29,329.51 Kč)
731.20 €
(18,030.00 Kč)
     -38.5 %
Apartment (3 bedrooms) in City Centre 2,589.74 €
(63,858.17 Kč)
1,814.34 €
(44,738.10 Kč)
     -29.9 %
Apartment (3 bedrooms) Outside of Centre 2,074.29 €
(51,147.96 Kč)
1,287.08 €
(31,736.84 Kč)
     -38.0 %
Buy Apartment Price
Munich Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 1,038.44 €
(25,605.87 Kč)
640.20 €
(15,786.10 Kč)
     -38.3 %
Price per Square Feet to Buy Apartment Outside of Centre 746.17 €
(18,399.24 Kč)
450.13 €
(11,099.38 Kč)
     -39.7 %
Salaries And Financing
Munich Edit Prague Edit
Average Monthly Net Salary (After Tax) 3,233.28 €
(79,726.48 Kč)
1,719.04 €
(42,388.15 Kč)
     -46.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.88 5.83      +50.2 %
Last update: May 2024May 2024
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