Cost of Living in Prague

Prague was great 10 years ago, but it sucks now.

I heared czech republic basic salary is 30000-35000 per month. but how??I saw lot of job postings even big foreginer companies offer 20000-25000 per month.

For all the people here, trying to give numbers about how much of a salary is enough to have a comfortable life in Prague: every person has different needs and different responsibilities in their life, sooo comments like 80k monthly salary is not enough in Prague,or you would need at least 40k net and bla bla bla is absolutely ridiculous. The best thing that someone can do, is check this list of cost of living(which is more or else okay and close to reality) and try to calculate by himself based on his lifestyle if the salary would be enough.

Hi guys, today i ve got an offer in prague to work and live there, they offered me 2000€, is it worthy loving there? I saw all the comment and all the stats above, this offer seems to be decent, like not good but limit ok. I need some advice from you guys. Thanks

“ Anonymous on Dec 08, 2019 :
Get a flatmate and you can live decently on 1450 Euro net.”

Do you realize how ridiculous that sounds? Yes, I know you are probably right, but it is outrageous that Prague transformed itself, in the space of just few years, from a low-cost,
affordable place that it was, to the bloody ripoff place it is today, where the limits of common sense and rationality have been crossed many moons ago.

For those of you looking to come here to the CEE El-Dorado, keep your sanity and save your nerves, go elsewhere!

How much money is ok for one person to move to Prague?

I moved to Prague one year ago and can break down my salary and living expenses as a single person living in the city.

I earn 55k before tax, which is about 40k after tax. This is quite a bit ABOVE the average.

I spend 15k on a 53 sm2 apartment, with bills (3k) and Internet (529), so 18,529 CZK a month.
I spend roughly 1 to 1,2k crowns a week on groceries, so 4 to 4,8k a month.
I have a cleaning person, I pay her 200 CZK an hour, so it is 2,4k CZK monthly.
My phone bill is the cheapest tariff I could find, 350 CZK a month.
The public transport card for 1 year is 3650 CZK, but if you divide it monthly it is 304 CZK.

I like to go to the cinema (roughly 140 CZK at the art cinemas), have drinks out (beer and wine are insanely cheap here at mostly places, take full advantage when you come here), go to a restaurant once/twice a week (lunch can be 150-220 CZK, dinner per person is about 250-300k).

After my main expenses I have something like 14 or 15k left over every salary, and I usually finish the month anywhere between 6k to 9k CZK to go to savings.

Overall, I think I have a very good, privileged life in Prague compared to many. My flat is rather good quality and cheaper than many other ones in comparison to current market prices, and is also pretty close to the city center by tram.

I would not move to Prague earning less than 40k CZK before tax, but I like to live alone. If you don't mind sharing an apartment with one or more people you will of course spend much less.

Hello!

How much would be an ideal salary be, not a lot, but with enough savings, to live in Prague with my wife and 2 years old kid? I have 7 years of experience in IT and what is the market standard salary that an IT engineer of my experience gets offered in Prague?

Hi! Plan to move in Prague with my family (wife and 2 kids (1 Yr old and 2 Yr old) what supposed to be the salary income to survive? Will 2k euro net is enough?

Hi all,
I live in Vienna (Austria) but I am considering to move to Prague with my girlfriend.

I should have a salary of 2.400 euro net per month (14 months) but I am not sure that it is enough considering:
- social system
- health system
- rent

At the moment I am not working but the social system in Vienna it is really advanced, therefore I would have time to learn german and maybe find a job.

I do not really know if I have to accept the job offer.

Do you any experience like this?
There should be anything else I have to consider?

hi .does anyone can tell how much average barber can earn in Prague?
thanks in advance...

Hello! My Name is Petr, im from Ukraine,Kiev. Im a nuclear engineer, live in my own flat with like 1K$ netto per month.
Now, I have a proposal to go to Prague with 35000 brutto, with the following increase during the year to 40000-45000. I think to rent a one-room studio for 10 thousands, live on the rest (26,000 will be net, I think).
Help me please to decide, ist it okay? In general, aftrer 5-8 years, they proposing for me 50000-55000 brutto.
I would like to travel minimally, go to the gym.
What do you think about that?

Hi Anonymous on Aug 05, 2019!

It is approx 1455 eur after taxes. You can use: https://salarycalc.eu/en/

Hi everyone! Its interesting to ready everyone's experience. I hope everyone has settled well and enjoyed staying in Czech Republic. I will be moving to Prague end of this year with family ( 2 adults + 2 very young kidds). NET INCOME OF 4k USD per month is it enough to have a normal life? I plan to rent apartment 2+1 in district 5,6 or 7. Thank you in advance for an advice.

@ Anonymous ”I said no did I made a mistake ?”

What's the point of asking now after you already said no? Have no idea what you said no, what your fallback plan is, what your expenses are, whether you are single or with family, etc. etc. , but independently of that, 3000 EUR to have as a net income is not shabby at all, nor would it put you up there with those living in the lap of luxury, for that you would need I would say at least 5-6k EUR net per month, and of course upwards of that the sky is the limit. Same as in London you probably need 20k/month for a glimpse of luxury living.

Hi Joseph

If you are coming here to retire, you would of course not be tied to live within Prague or surroundings for that matter. There's plenty of places within 45min-1hr of a train ride from Prague, where you can live in a house on that money, including the rent, however it would be a frugal life at best, no luxuries. If you would buy a house up front, which would be pretty cheap outside of Prague, in a rural area (something between around 40-50 000 EUR 1-1.25mil CZK would buy you a fixer upper with a plot), but within Prague...forget about it. Even if you had to buy a flat outright, assuming you can afford to spend around 250 000 USD for a 70-80 sqm. flat, which is at the low-end so it would not be a new property but an older flat, that 800 USD to live on, assuming you would have to pay health insurance and many other things as a non-Czech, and probably non-EU citizen too?, you would have very little left to "live" one out of that $800. Sadly, we met multiple US retirees here at expat get-togethers who were in the process of sorting out their Czech "exit" and either return to the US of move to some other country, because their dream retirement place has in the meantime seriously deteriorated and the small pension or savings that they came with here, to boost their quality of life considerably at the time, nowadays barely affords them a decent life. One notable exception was an elderly lady we met who, along with her now gone husband had the brilliant idea in 2001 when they moved here to scoop up multiple flats with the proceeds of the house they sold back in the US when they relocated, and now those 3 flats she has, plus the one she lives in, all within "old" Prague, Petrská čtvrť area, I'm sure altogether it's worth at least 1.5mio $, maybe more, not shabby at all and probably 7-800% return as they bought each in a bad state and renovated it.

The conclusion...no, Prague is far from being a cheap retirement location..think Bulgaria, Greece, Romania, Serbia, over there you bucks will go the furthest and probably quality of life is better than here.

Hello Saad

To be honest, 90000 CZK (equivalent of 4000 USD) would be very less if gross, and if net, it would be barely manageable for 6 people to live on, as in you would be in a real struggle.

Things to consider in your budget:
- minimum 30 000 CZK would go on rent, and I would say this is a happy case if you find a 3 or 4 bedroom apt, which I would assume is quite small still for a family with 3 kids + a grandmother to live in. Forget about any houses with garden or anything like that, for a house you would have to pay that entire salary
- the other expenses, what they call poplatky here (water, heating, refuse, etc.), plus electricity, internet, mobile phones will run you at least another 10 000 I would thing for a family of 6.
- transport, basic food shopping, without any going out, I would say maybe 15-20 000 for 6 at a rather frugal level with cooking at home, taking home-cooked food to work/school, etc.
- health insurance costs, don't know what your employer might cover, but I'm quite certain they will not cover all 6 of you, so factor in probably at least another 7-8000/month, which by the way is mandatory in some cases (as in the visa of your family members will depend on health insurance contributions)

So as you can see, without adding and casual or luxury expenses. I assume if coming from UAE hopefully the time spent there and the better pay has afforded you the possibility to accumulate some savings, so if you just want to spend 1-2 years in Prague and see how you'll get along it might be a good experience, but definitely consider doing some hard negotiating to try to increase your pay. If your spouse has an in-demand degree/occupation, then of course things could be a lot easier, if she can get at least a part-time, well paying job, although I don't know if she would be willing to do so with 3 children.

If you have a chance to consider offers from other locations, such as Germany, Netherlands, Switzerland, Scandinavia, definitely look at other options too, as Prague is very quickly becoming very expensive for local pay, and even locals are starting to leave in droves due to the big cut in quality of life with all these hikes, mainly in property prices/rents, but of course many other services followed suit, and there doesn't seem to be any sign of relief anytime soon.

Good luck with whatever you choose.

I make 53k/month net. Rent and util are around 22500/month. I have to pay around 11000/month bank loan in my homr country. So i am left with 19.500/month. I dont who said that Prague is cheap when it comes to going out for a simple coffee let's say. They charge for the milk if you ask for it. It's like my home country in the 2000 wtf. Anyway i started this journey because i wanted to see how it is to work in another country so i am stuck for 2 years but i am not sorry. Advice for new people thinking about moving to Prague, get ready for the language barier, few people speak english, which was a surprise for me. If you go to Romania, that some people call it the sh**** country in Europe, even in the supermarket the cashier speaks some enghlish and on the streer people dont treat like a piece of sh*** just because you are a foreigner.
For a city break Prague is beautiful but thats it. If you expect people to respect you as a foreigner dont even bother.

3 bedrooms apt. for 22k CZK? Good luck with finding one, even completely empty (unfurnished)

Why are utilities so shockingly expensive in Prague? I've just moved here and while the rent is quite high, I was more surprised to see the costs of the utilities, because it's basically more than what I was paying in London and checking comparisons here on Numbeo with other cities, it seems its even higher than Zurich!

I'm renting a not-very-big 2+1 flat as they call it here, its less than 70m2 altogether including a decent sized balcony, in a newer building, and I'm paying 4150 expenses per month, which they told me is prepayments and that it should be lowered a bit maybe after 1 year, as I'm just one person and previously the flat was occupied by a couple. But still, 4150 CZK is close to 150 quid or about 165 EUR, which seems excessively much - mind you the flat has no gym, pool or any of those amenities. And of course I'm paying for electricity and internet separately. The amounts for these expenses seem to vary quite widely, but overall I haven't seen much lower amounts then 2.5-3000 CZK/month. So my question to somebody that lives here longer is: who pockets all this money? Are the developers somehow clawing back some more money via some nonsense charges, or how exactly can such amounts be justified? Being very well insulated as I can see so far, I don't think there's too much heating needed that could explain this huge amount for "poplatky".

Hi guys, I'm 22 years old with only HS diploma and I'm looking for work. I know English, Bulgarian and a bit of Czech. So far I have found only customer service jobs and they pay around 33000 CZK gross, which I wonder whether it'll be enough, adding that I'll have to pay rent (10-15k per month?). Can you advice me? Should I maybe consider Brno? I work in a factory now and I'd like to get out of here ASAP. Thanks!

@ George, Thanks for the nice explanation. It seems housing-origin problems are major. When I look at internet for flat adverts, I can find some good ones with affordable prices but mostly is a little high than I expected. But as you said, lots of Europe big cities have same problems. My company arranged 5 months flat for me but then I hope that I will find a good one.

I forgot to mention that I am married and my friends' 50K+ comments was for 2 person. (Max 25K rent with utilities, public transportation and reasonable going out days / entertainment options.) I hope this will help people who are looking for salary/expense information.

Recently I got job offer from Prague and after little research accepted. I have 2 friends there, already living for 3-4 years. Both of them said that 50K+ net is enough for decent life in Prague. We will see in 3-4 months, and hopefully survive there.

I want to ask to negative commentators about what is the reason of fluctuations and also can't people see decent future? What is the difference from global slowdown all over the world? Please feel free to share news, articles etc. when you have time. So I and also people like John can understand situation clearly.

It's unfortunate all of Europe is taking a huge financial nose dive.Being positive is better but it'll only get much worse.This is only the beginning of collapse throughout Europe.The U S won't bail out Europe either, sure of that.

"The company pays 25,800 CZK per month utilities not included.Prague is a nice city but I really don't know how people can afford it."

No magic involved, they just struggle a lot, get multiple job, enlist the help of parents (locals), some were lucky to inherit some flat or house, but for many, it is a daily struggle indeed and that is why while there is a strong influx of expats here, while many local people, as well as expats from 1st wave, those "locked out" of being able to have an affordable life are leaving Prague to greener pastures.

Hi Costin

I'll just leave a few thoughts and answer some of your questions:
- regarding the salary, I'm afraid that your salary offer in Prague looks to me like a downgrade of your current buying power in current city, at least according to Numbeo, the main reason of course being the huge dent that the rent would put in your monthly earnings here in Prague; including allowance for the 1 child, your net will still be a rather low 34164 CZK, this is about about 1330 euros expressed in Euros, which might seem more than double what you have now, however the fact that you own or can use a flat there for free, makes a huge difference.
- a 1 bedroom apt. (what they call here 2+KK or 2+1) which I guess is the bare minimum a couple with a small child needs, will cost you at the very least 14-15000 CZK/month in rent only, and this is for something rather basic and quite far from the center, and probably some 4-5000 CZK on top of that for all the other utilities. So its unlikely that you can find anything for less than 20000 CZK per month in housing costs, which translates to almost 800 euros
- if you simply deduct 800 from you net salary estimate of 1330 euros, you can see you are left with 500-550 EUR, so back to square one, wouldn't seem to me like an increase in standard of living compared to Oradea, Romania

Add to that the fact that many things are quite a bit more expensive here, again taking mainly numbeo as reference. Your net salary in Romania seems to be +50% above the average net salaries in that city, whereas here, your average net salary would only be some 15% above average

My advice - if you really want to move, especially with a small child and put roots somewhere, Prague is NOT the place for you, not in this context where property prices are gone through the roof, and not unless you have a very well paying job, I mean at least double or more what they offered you. Look instead to Scandinavia, Netherlands, Germany, the UK even while you still can, as the quality of life is still above here IMHO, as well as you have to consider the future of your child. He/she will be much better off with an English or German or Scandinavian education than with Czech - I don't have kids and Czech schools might be good indeed, however they don't particularly emphasize from what I've heard towards a "global" education that would put the kids in a very favorable position for a future career, as for the opportunities here in Czech Republic, they are not bad, but far from being considered 1st class.

Good luck with everything, hope it works out well for you!

# Daniel I'm not trying to create a scene or disable your input.Understand any site that gives net saleries or anything remotely close to financial advice isn't really stating true numbers.Yes all governments are corrupt that's a given unfortunately.My sister has worked for the Czech government for about 18 years now as I mentioned priorly.That doesn't mean she agrees with the governments methods to defraud people needlessly.But as a government employee she must follow their orders or be dismissed, even worse retaliation from the government directly.Understand that government and employers work together to create net salaries complimenting each other's financial portfolios,it happens more often than people realise.Many employees are too afraid to mention anything about their net wages for fear of retaliation by their employers.Jobs aren't plentiful in Prague or throughout Czech for that matter.24,600 CZK per month is the actual net minimum wage in all of Czech.Its easy to generate information as to minimum wage but not accurate.Numbeo isn't at fault for inaccurate costs because Numbeo depends upon others for accurate data.Government officials line their pockets with the Czech people's money.You could drive by any government officials house and see an elaborate home and wonder how they can afford that? Corruption is how it's done on their parts.However government employees such as my sister don't have the same living quarters by any means.

For clarification purposes regarding salaries, for the end of 2018, these were the numbers, for a single person/no dependents:
Czech Rep. as a whole = 33840 CZK gross, which works out to about 25377 NET
Prague = 41851 CZK gross, which means 30901 CZK NET. This translates to almost exactly 1200 EUR/month or 1347 USD/month. So no, the average net salary in Prague is not 1075 USD, its quite a bit higher than that.

As for the number here on Numbeo which I see is now showing 28788, this is not far from the official statistical info, so I guess could be taken as truthful enough. This being a website that relies on user-input, its normal that there will be slight differences from official statistics.

There are many net wage calculators online, I used platy.cz for the above

Anyway you put it, cost of housing, be it rent/mortgage is WAAAAAAY too high in Prague compared to what people earn on average. I went thru the experience of having to find a new flat myself recently as my previous one was being put on the market for sale, and finding the new flat too rent felt MUCH more difficult now that the last time I went through having to find a flat, which was in early 2017.

By much more difficult I mean the prices went up significantly (I had increased my budget by 15-20% compared to what I was paying in current flat which itself was increased after 1 year in 2018), and despite that the number of results I was getting in my searches were like less than 1/2 compared to roughly 2 years ago, as well as I notice landlord are getting a lot more picky, a lot more demanding, as they obviously can sense the great position of bargaining they find themselves in - its not uncommon to see some people advertising a flat at one price and then few days later the ad is updated with a new higher price. Plus many will insist to add a clause of inflation-linked automatic rent increase once or twice per year.

I've had someone tell me that his landlord, for an average sized studio flat (1+1) in Vinohrady , had wanted to increase the rent from 17000 CZK that he was paying for the last 3 years, straight to 24000 CZK, saying that this is the "fair price" according to the market. To make things worse, the way it works here all the fees of a real-estate transaction are payed by the buying/renting side, meaning that agents are also quite aggressive with their tactics, often encouraging the owner to put a higher rent than what he had in mind, because for them its a direct benefit (higher rent = higher fee).

At the end of the day, besides the obvious problem of lack of enough newly built places, there's also a huge lack of regulation here to dissuade this kind of blatant profiteering, hence why nowadays you see everyone and their mother becoming real estate agents over night, some without any kind of license, simply doing it as a side job to get some extra earnings, probably so they can afford their own ever increasing rent :)

Monthly net salary is $1288 according to Czech Statistical Office. And its the lowest possible salary for single person without kids and other tax discounts.

#Hugh Europe might as well join Russia and be one big happy broke family.Sounds harsh but reality is reality.

@Someone

57k Net is OK for a single person, definitely. Budget about 20k for rent+fees (1bdr flat or studio) if you're not picky about being in a central area. If you want to be in a central area, add at least 5k more and probably you'll be in a smaller space.

Unfortunately cost of living in Prague is increasing by the minute, anything from rent to other costs, so maybe try to also negotiate a higher salary.

Yes, I understand what you say, the situation is not good in most places in Europe. What I try to say is that here, in Prague, CZ, is one of the worst situation about housing/real estate.

# Andriy Several friends have relocated to Bulgaria,Latvia, Macedonia,and other areas in Eastern Europe.Sure rents and purchasing a house are more reasonable compared to Prague.But once again salaries don't offset the real cost of living, once again no financial gain.

# Anonymous
But if you look at percentaje of salary which is spent on place to live, is very few other civilised places in Europe which can be close to Prague.
1 Salary = 1 Rent (nothing luxury)

Must compare to Stockholm, Berlin, Amsterdam, etc. If in those countryes the rent will be eqal to salary, which is not, they will do somethin about it. Here, government don’t care, government/politics get paid by property industry in one way or other to continue in this way which is devastate for the normal citizen

Is right what they say about crazy price of apartments. 9-12 milion Czechs Korunas for a modest new apartment...this is not right in a place where average net selary is <35,000 Korunas/month. So if couple both have OK job, one full selary must to go to rental/mortgage. How can live like that? What if want to have kid? Maternity money very less...that mean yuo can end up on street very quick. Property markets in Prague is like a giant castel of cards. Building up higher, and higher, but all fake, because shud never be so high if consider how much people earning selary.
Slowly becoming very depressing and stressful live in Prague. Whoever consider come here, should go instead Germany, Netharlands, Sweden, Finland. Those realy are good places, Prague was also good just little years ago, but now change so much only to the worst. Pity, but this is reality.

@ Anonymous (latest comment, Mar. 27)

Depends what you call average salary. Average salary overall? For locals? For expats? I would think most people checking Numbeo are of course expats, and the average salary of an expat that came here to work as a professional is far above the general average. I would think 55-60 CZK net is the average an expat earns, or possibly higher, although of course the median might be lower due to the outliers that earn multiples of the normal salaries.

When seen in that context, it is not really 20 x years of net annual salaries needed to buy a new flat for an expat, but more like 12-13 yrs if we take the price of a new flat to be around 8mio CZK + 30y interest, so you get about 30-33k/month of mortgage. Yes, that is high, especially at this moment in time, but honestly, the more I live here the more I start to realize that when people kept telling me a few years back when I moved here that the prices (of property) can't really go lower, they were right, as the constant stream of newly created jobs and the new arrivals to take those jobs, simply have no available new housing to move into, and the government is doing sod-all about it, thus things cannot change into the next years, its simple math. I for one will continue to rent, as for me, right now renting makes much more sense, albeit its getting increasingly difficult to find a decent flat to rent, but unlike 3-4 yrs when I moved here when monthly mortgage was just about the same or even a bit lower than renting, right now mortgage would be at least 30-40% per month, at least for me, so its out of the question. I guess one thing is for sure, nobody will buy flats in Prague at these price levels for the rental yield, as this is slowly heading lower and lower.

The cost of living is ridiculous in Prague. Rent for a good 1 bedroom apartment is 20000 CZK per month. If you earn 30000 CZK per month, it is not enough because you have to pay something like 30% tax and food costs 4000 CZK per month at least. So there is no way you can survive on the average wage. I think you need at least 40000 CZK per month to survive.

The price of real estate quoted are quite off from the current prices. You cannot find any 3 bedrooms (4kk)in prague 1 for 31K, the real rent would be more from 45K minimum going upwards. The same for a 1 bedroom (2kk), a decent place would be impossible to find for less than 25K minimum in Prague 1.

I can confirm the cost here, for a single person for my experience in CZ for almost 2.5 years, it is around 14442 CZK, plus rent and bills... So, add other 14442 and you reach 28864 CZK = 1123 EUR, all this counting every monthly cost but WITHOUT THE CAR, that is a scandal considering a life of a foreigner, always trapped in the city centre because outside you find a lot of discrimination, it's impossible to go to live outside alone, forget it, with the consequence of high prices...
Furthermore, my price indicated for rent and bills is really hard to find, you will spend even more, let's say 12000 rent + 3000 bills to live alone in a 1+kk max 35 m2 in a decent zone.

Is 36K CZK per month net salary is low for a single person in Prague?
Thanks

Hello "NotDaniel" :)

Long time since I checked this page. I think you've misunderstood what I said. I haven't said that 40k Kc is for rent only, but rather for rent+utilities+food. People have to eat as well you know, as well as travel to work etc.

As for your comment that "Absolute majority of people don't make that much money and get by just fine.", I don't know what is your definition of just fine, but I can see a helluva lot of young people sharing rooms in flats here, even cases with 2 families living in the same flat because they can't afford their own, which is a sad state of affairs. The worst part, in my humble opinion is just how fast things have precipitated towards the worse, meaning that the real-estate market has really gotten out of hands when prices are concerned, its very easy to observe if you keep an eye on the changes on simple search websites such as bezrealitky, but its also reflected in the official statistics. In my case, as I work for a company that kept expanding its base here, and hiring more people, I've helped many of the newcomers with the chore of settling in here, hence why I kept a keen eye on the rental prices for the last 2-3 years, and it is rather shocking to see that a flat which you could EASILY find for 15k Kc back in 2016, now commands more like 23-25k, as well as the numbers seem to be narrowing down, as I've had saved searches on multiple sites and I can see the number of results dwindling. Its even worse it seems for purchase prices, but at the same time that also reduced the rental yield on properties here to rather small figures, which should at least hopefully discourage some from investing in property here for the sake of renting it out.

I for one firmly believe that the property situation in Prague is a classic example of a bubble, even though 99.99% of the Czechs I've spoken say the property prices will keep going up, partly because it has definitely reached withering heights versus earnings, and also because any kind of upset that might be coming along (i.e. a crisis or major increase in interest rates) will probably find a lot of vulnerable people among those that have bought in the last couple of years at these "atmospheric" prices.

hello ive been proposed a job that pays 428000 czk yearly + 2500 monthly bonus, is that enough for one person living in prague ?

Hello I am looking for a share room in Prague 2 or 3 the budget is up to 5000 czk
phone number 728312959

@Zika: Yes, social security is obligatory for every employee, doesn't matter where are you from. It will be deducted automatically from your salary every month.

Of course, I am talking about single person or a pair, not raising a family in a huge 4 bedroom apartment in the city center on a single person's paycheck.

Hey folks,
Since I am a non EU citizen, if I am planning to work in Prague, will I need to pay for social security?
Because if I check the net salary calculator I see a lot of fields of deductions, so I am wondering if they all apply to us as non EU.

Hi I was offered a job in Prague for 40,000Kc,

I would like to know if that is enough as a single parson to live in the city
?

Overpriced housing. This city is getting too trendy. It is full of stupid/naive tourits and Erasmus students, not to mention armies of unemployed from Ukraine and southern Europe willing to cram into shared flats just to get a low-paid job as the unemployment rate is very low.

Hi Martin

60 000Kc after taxes is OK for living alright. But you will not be living in luxury, nor renting something near the center, that's for sure. I would say you have to set aside around 35-40K for rent + necessary expenses (food, utilities etc.), the rest should be what you save or use for vacations, etc.

Depends where you're coming from and what you're used to as well, I suggest you use this cost of living comparison tool between cities right here on numbeo...its not 100% accurate, but at least you can get a rough idea, and also you can insert your current/latest salary from the place you live, and the tool will tell you how much you should earn here, in order to maintain the same standard of life that you are accustomed to.

#Moe
Average salary in Prague is 26k and you are asking if 130k is ok? hmmm it is.
Dont worry about health insurance, it is not more than 3k for month for person or mostly paid by state, if you get confirmation of rezidence or work here.
#fadi
These numbeo prices are very correct, 310 czk for three day ticket is correct, but is not described here above.
There is many restaurants you can eat for 130czk very well, but you have to know where to find them. I am sorry but center is full of turist traps: expensive food,taxi,exchange. Every tourist should be avare of it.