Cost of Living Comparison Between Munich and Prague 

Indices DifferenceInfo
Consumer Prices in Prague are 23.9% lower than in Munich (without rent)
Consumer Prices Including Rent in Prague are 27.4% lower than in Munich
Rent Prices in Prague are 33.7% lower than in Munich
Restaurant Prices in Prague are 38.2% lower than in Munich
Groceries Prices in Prague are 25.0% lower than in Munich
Local Purchasing Power in Prague is 33.3% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Prague Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(377.09 Kč)
7.96 €
(200.00 Kč)
     -47.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 72.50 €
(1,822.62 Kč)
47.73 €
(1,200.00 Kč)
     -34.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(251.40 Kč)
7.96 €
(200.00 Kč)
     -20.4 %
Domestic Beer (1 pint draught) 4.50 €
(113.13 Kč)
2.31 €
(58.00 Kč)
     -48.7 %
Imported Beer (12 oz small bottle) 4.50 €
(113.13 Kč)
2.39 €
(60.00 Kč)
     -47.0 %
Cappuccino (regular) 3.74 €
(94.01 Kč)
2.86 €
(71.86 Kč)
     -23.6 %
Coke/Pepsi (12 oz small bottle) 3.14 €
(78.94 Kč)
1.55 €
(38.92 Kč)
     -50.7 %
Water (12 oz small bottle) 2.62 €
(65.83 Kč)
1.35 €
(33.93 Kč)
     -48.5 %
Markets
Munich Edit Prague Edit
Milk (regular), (1 gallon) 4.38 €
(110.04 Kč)
3.58 €
(90.04 Kč)
     -18.2 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(52.99 Kč)
1.28 €
(32.10 Kč)
     -39.4 %
Rice (white), (1 lb) 1.20 €
(30.19 Kč)
0.95 €
(23.79 Kč)
     -21.2 %
Eggs (regular) (12) 3.12 €
(78.41 Kč)
2.39 €
(59.96 Kč)
     -23.5 %
Local Cheese (1 lb) 5.82 €
(146.42 Kč)
5.12 €
(128.62 Kč)
     -12.2 %
Chicken Fillets (1 lb) 5.70 €
(143.22 Kč)
3.60 €
(90.47 Kč)
     -36.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 €
(183.83 Kč)
5.33 €
(133.98 Kč)
     -27.1 %
Apples (1 lb) 1.23 €
(30.94 Kč)
0.72 €
(17.99 Kč)
     -41.9 %
Banana (1 lb) 0.69 €
(17.27 Kč)
0.67 €
(16.84 Kč)
     -2.5 %
Oranges (1 lb) 1.04 €
(26.26 Kč)
0.87 €
(21.77 Kč)
     -17.1 %
Tomato (1 lb) 1.40 €
(35.23 Kč)
1.28 €
(32.20 Kč)
     -8.6 %
Potato (1 lb) 0.74 €
(18.53 Kč)
0.52 €
(12.95 Kč)
     -30.1 %
Onion (1 lb) 0.79 €
(19.81 Kč)
0.54 €
(13.63 Kč)
     -31.2 %
Lettuce (1 head) 1.80 €
(45.29 Kč)
1.27 €
(31.85 Kč)
     -29.7 %
Water (1.5 liter bottle) 0.84 €
(21.15 Kč)
0.65 €
(16.35 Kč)
     -22.7 %
Bottle of Wine (Mid-Range) 5.99 €
(150.59 Kč)
5.77 €
(145.00 Kč)
     -3.7 %
Domestic Beer (0.5 liter bottle) 0.95 €
(23.96 Kč)
0.92 €
(23.18 Kč)
     -3.2 %
Imported Beer (12 oz small bottle) 1.55 €
(38.86 Kč)
1.61 €
(40.38 Kč)
     +3.9 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(206.14 Kč)
5.97 €
(150.00 Kč)
     -27.2 %
Transportation
Munich Edit Prague Edit
One-way Ticket (Local Transport) 3.70 €
(93.02 Kč)
1.19 €
(30.00 Kč)
     -67.7 %
Monthly Pass (Regular Price) 49.00 €
(1,231.84 Kč)
21.88 €
(550.00 Kč)
     -55.4 %
Taxi Start (Normal Tariff) 5.50 €
(138.27 Kč)
1.99 €
(50.00 Kč)
     -63.8 %
Taxi 1 mile (Normal Tariff) 3.70 €
(93.05 Kč)
1.89 €
(47.48 Kč)
     -49.0 %
Taxi 1hour Waiting (Normal Tariff) 33.00 €
(829.61 Kč)
14.32 €
(360.00 Kč)
     -56.6 %
Gasoline (1 gallon) 6.90 €
(173.58 Kč)
5.82 €
(146.43 Kč)
     -15.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(683,294.69 Kč)
24,463.38 €
(615,000.00 Kč)
     -10.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,444.44 €
(664,803.11 Kč)
25,516.03 €
(641,463.16 Kč)
     -3.5 %
Utilities (Monthly)
Munich Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 283.47 €
(7,126.33 Kč)
274.53 €
(6,901.66 Kč)
     -3.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.14 €
(506.32 Kč)
25.69 €
(645.95 Kč)
     +27.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.66 €
(946.87 Kč)
19.79 €
(497.47 Kč)
     -47.5 %
Sports And Leisure
Munich Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 43.52 €
(1,094.17 Kč)
55.37 €
(1,392.10 Kč)
     +27.2 %
Tennis Court Rent (1 Hour on Weekend) 25.12 €
(631.45 Kč)
15.25 €
(383.46 Kč)
     -39.3 %
Cinema, International Release, 1 Seat 13.00 €
(326.81 Kč)
9.94 €
(250.00 Kč)
     -23.5 %
Childcare
Munich Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(21,052.10 Kč)
648.81 €
(16,310.92 Kč)
     -22.5 %
International Primary School, Yearly for 1 Child 13,755.56 €
(345,809.35 Kč)
10,716.62 €
(269,411.76 Kč)
     -22.1 %
Clothing And Shoes
Munich Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 83.28 €
(2,093.65 Kč)
76.20 €
(1,915.57 Kč)
     -8.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.18 €
(808.99 Kč)
36.39 €
(914.95 Kč)
     +13.1 %
1 Pair of Nike Running Shoes (Mid-Range) 83.66 €
(2,103.09 Kč)
90.61 €
(2,277.98 Kč)
     +8.3 %
1 Pair of Men Leather Business Shoes 111.58 €
(2,805.16 Kč)
107.39 €
(2,699.68 Kč)
     -3.8 %
Rent Per Month
Munich Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,449.81 €
(36,447.73 Kč)
972.55 €
(24,449.58 Kč)
     -32.9 %
Apartment (1 bedroom) Outside of Centre 1,151.35 €
(28,944.57 Kč)
711.41 €
(17,884.62 Kč)
     -38.2 %
Apartment (3 bedrooms) in City Centre 2,510.23 €
(63,106.28 Kč)
1,799.58 €
(45,240.77 Kč)
     -28.3 %
Apartment (3 bedrooms) Outside of Centre 2,027.03 €
(50,958.68 Kč)
1,245.73 €
(31,317.07 Kč)
     -38.5 %
Buy Apartment Price
Munich Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 953.21 €
(23,963.29 Kč)
628.99 €
(15,812.64 Kč)
     -34.0 %
Price per Square Feet to Buy Apartment Outside of Centre 698.05 €
(17,548.67 Kč)
445.51 €
(11,199.88 Kč)
     -36.2 %
Salaries And Financing
Munich Edit Prague Edit
Average Monthly Net Salary (After Tax) 3,483.33 €
(87,569.65 Kč)
1,686.50 €
(42,397.85 Kč)
     -51.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 5.84      +71.7 %
Last update: April 2024May 2024
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