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Budapest vs Prague

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Budapest, HU vs Prague, CZ at a glance — Prague, CZ is 20% more expensive than Budapest, HU overall. Median 1-bed rent runs about $950/mo versus $700/mo. Top income tax: 23% vs 15%.

$/ year

To keep the same standard of living in Prague, CZ, you'd need

$90,024 / year

Prague, CZ is 20% more expensive overall

Category breakdown (Prague, CZ vs Budapest, HU)

  • Housing+35%
  • Food & groceries+15%
  • Transport+20%
  • Utilities+5%
  • Healthcare+18%
  • Goods & services+14%

◎ How Budapest, HU and Prague, CZ compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Budapest, HUPrague, CZ

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Budapest, HUPrague, CZ
Cost of living
Overall cost index6781
Housing6588
Food6878
Transport5060
Utilities95100
Healthcare5565
Goods & services7282
Housing
Rent, 1-bed centre$700/mo$950/mo
Rent, 1-bed outside$520/mo$720/mo
Rent, 3-bed centre$1,350/mo$1,800/mo
Buy price / m² centre$3,200$5,500
Money & purchasing power
$1,000 goes as far as$1,484$1,236
Inexpensive meal$8$9
Monthly transit pass$30$25
Taxes
Income tax (top rate)15%23%
VAT / sales tax27%21%
Corporate tax9%21%
Economy & salaries
Avg net salary$900/mo$1,400/mo
Avg annual wage (OECD, PPP)$39,145✓$43,607✓
Minimum wage$1,050/mo✓$1,070/mo✓
GDP per capita$23,320✓$31,368✓
Inflation (annual)3.7%✓2.4%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyModerateModerate
Coworking spaces4040
Time zoneUTC+1UTC+1
Quality of life
Quality of life (overall)6773
Safety index7275
Healthcare index6075
Pollution index5040
Internet speed200 Mbps150 Mbps
Walkability8082
Public transport8285
Family-friendly6570
Tap waterSafe to drinkSafe to drink
Life expectancy77 yr✓80 yr✓
LGBTQ+ acceptanceLowModerate
Climate
January avg0 °C0 °C
July avg+22 °C+19 °C
Sunny days / year200170
Rainfall / year520 mm500 mm
Connectivity
Flight to nearest hub1.5 h1 h

Taxes & Economy & salaries: Hungary vs Czech Republic. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (OECD (PPP), Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Budapest vs Prague — in your currency

BudapestPrague
1-bed rent, city centre$700$950
1-bed rent, outside centre$520$720
Inexpensive meal$8$9
Monthly transit pass$30$25
Utilities (monthly)$190$200

Converted from USD at approximate rates (2026-09).

Good to know before you move to Budapest

Grand Habsburg boulevards, thermal baths and ruin bars split by the Danube — one of the EU's best-value capitals, with a flat 15% tax and the White Card pulling in a fast-growing nomad crowd.

Currency
Hungarian forint (Ft HUF)
Languages
Hungarian
Time zone
UTC+1
Internet
200 Mbps
English
Fairly common
Safety
72/100
Climate
❄ 0°C · ☀ 22°C · 200 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
District VII · District V · District XIII · Buda Hills

Good to know before you move to Prague

A fairy-tale capital of Gothic spires and Baroque squares that doubles as one of Central Europe's biggest expat and IT hubs — Western-quality living at noticeably lower prices, though rents have climbed fast.

Currency
Czech koruna (Kč CZK)
Languages
Czech
Time zone
UTC+1
Internet
150 Mbps
English
Fairly common
Safety
75/100
Climate
❄ 0°C · ☀ 19°C · 170 sunny days/yr
Tap water
Safe to drink
Power
E · 230V
Driving
Right-hand side
Popular areas
Vinohrady · Žižkov · Karlín · Malá Strana

? Frequently asked questions

Moving from Budapest to Prague: cheaper or more expensive?

Moving from Budapest to Prague, your cost of living will be roughly 20% more expensive. Prague’s cost-of-living index is 81 versus 67 for Budapest (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Budapest cheaper than Prague?

Prague is about 20% more expensive than Budapest overall — its cost-of-living index is 81 versus 67 for Budapest.

Which is more expensive, Budapest or Prague?

Prague is more expensive than Budapest. Its cost-of-living index is 81 vs 67 (US = 100) — about 21% higher.

Is rent cheaper in Budapest or Prague?

Rent is cheaper in Budapest — about $700/month for a one-bedroom in the city centre, vs $950 in Prague.

How much do you need to earn in Prague to live like in Budapest?

To keep the same standard of living, a $75,000 salary in Budapest is worth about $90,024 in Prague. Enter your own figure in the calculator above.

Which has lower taxes, Budapest or Prague?

Hungary has the lower top income-tax rate — 15% versus 23% in Czech Republic.

◷ More comparisons from Budapest

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.