You can live in the Czech Republic very cheaply if you have the correct mindset. This isn't a humble boast I have a salary in the six figures, my total outgoings are 25,000k a month. I don't give a shit what people think of me. I don't care about insta fitting in, eating in the right places and showing off on social media. Economy. make 23.5% more money. Hungary has a GDP per capita of $31,000 as of 2020, while in Czech Republic, the GDP per capita is $38,300 as of 2020. be 18.8% less likely to be unemployed. In Hungary, 3.5% of adults are unemployed as of 2019. In Czech Republic, that number is 2.8% as of 2019. be 17.9% less likely to live below the poverty line. The average cost of living in Olomouc is $1119, which is close to the world's average cost of living, ranked 4545th out of 9294 in our global list and 50th out of 58 in the Czech Republic. The median after-tax salary is $1160, which is enough to cover living expenses for 1 months. 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. 146 Kč. - 28%. TOTAL. - 9%. These prices were last updated on December 18, 2023. Exchange rate: 5.672 CZK / PLN. This comparison is based on abundant and consistent data. It is based on 2,297 prices entered by 284 different people. Cost of Living Comparison Poland vs Czech Republic, including food, housing, transportation, and more. Rent Prices in Czech Republic are 34.8% lower than in United Kingdom: Restaurant Prices in Czech Republic are 43.5% lower than in United Kingdom: Groceries Prices in Czech Republic are 16.3% lower than in United Kingdom: Local Purchasing Power in Czech Republic is 28.9% lower than in United Kingdom The average cost of living in the Czech Republic ($1284) is 0% more expensive than in Mexico ($911). the Czech Republic ranked 41st vs 89th for Mexico in the list of the most expensive countries in the world. The average after-tax salary is enough to cover living expenses for 1.3 months in the Czech Republic compared to 0.9 months in Mexico. Sort by: Open comment sort options. Add a Comment. drjimshorts. • 2 yr. ago. As a Norwegian who moved to the Czech Republic, I would say that yes, the Czech Republic is a good place to live. The Czech Republic is a safe country - you're allowed to speak your mind, and you can walk around without fearing being mugged/attacked (you can be .

is it expensive to live in czech republic